PUBLISHER: yStats.com | PRODUCT CODE: 1422838
PUBLISHER: yStats.com | PRODUCT CODE: 1422838
In 2023, more than 85% of global M-Commerce sales were completed using smartphones: New yStats.com report
Brick-and-mortar stores and mobile commerce are on the rise globally
One key trend in global omnichannel commerce is the resurgence of brick-and-mortar stores, with half of respondents identifying "knowledgeable and helpful sales associates" as the most crucial aspect of their in-store experience. Despite the growth of online shopping, the report indicates a sustained demand for personalized and informed assistance in physical stores. In the realm of mobile commerce (M-Commerce), there has been a significant worldwide increase, with M-Commerce sales estimated to constitute over 40% of total retail E-Commerce sales in 2023. Among these M-Commerce transactions, approximately 85% were conducted via smartphones, highlighting the prevalence of mobile devices in the shopping process.
Global B2C E-Commerce shoppers increasingly favor in-store pickup for online purchases
The convergence of online and offline channels is apparent, with approximately a quarter of global B2C E-Commerce shoppers opting to collect their online purchases in-store or curbside in October 2022. The ability to physically inspect products and ensure order accuracy motivated a significant portion of respondents worldwide to adopt this hybrid shopping approach by February 2023. Moreover, in the six months leading up to February 2023, a significant number of global Metaverse users reported purchasing products after exploring and testing them within metaverse platforms' virtual stores. This intriguing trend indicates a growing impact of virtual environments on consumer behavior, where users are not only exploring but also making well-informed purchase decisions within the metaverse landscape.