“U.S. online sales of luxury fashion items are showing significant growth coming from each of the key segments (footwear, accessories, and apparel) according to the new U.S. Luxury E-commerce Report from The NPD Group. Much of the nearly 50% increase in dollar sales seen in recent years across these segments is attributed to an increase in buyer spending.”
Tag: E-commerce shoppers
On average, U.S. consumers anticipate doing nearly 40 percent of their 2017 holiday shopping online, up from one-third just two years ago, reports The NPD Group. According to NPD’s 2017 Holiday Purchase Intentions Survey, consumers who will be holiday shopping online are planning to spend roughly 70 percent more than their in-store-only counterparts – online shoppers anticipate spending an average of $793 this holiday season and those who will only shop in brick-and-mortar stores plan to spend an average of $467.
Small Retailers Can Grow Online Sales by Finding Ways to Sell Online Items Previously Sold Mostly in Stores
The just-released Internet Retailer Top 1000 reveals a number of surprising trends in North American e-commerce. For one, the largest players in web retailing grew 14% last year to nearly $300 billion—not half bad considering store sales grew only 3%. Yet, for the first time in nine years Top 1000 merchants have grown slower than the U.S. e-commerce market as a whole.
Unity Marketing estimates that the gifting market totals $131.3 billion, and represents approximately $1 out of every $10 spent in the type of stores that fill America’s malls and shopping centers, the big boxes that line the streets and highways and the shops along main streets across the country.