New report releases results of predictions regarding online shopping by 2022. A new retail report has been released by the Economist Intelligence Unit which showed the way that the retail sector will be changing throughout the next decade due to e- and mcommerce as well as social media sales (s-commerce). It showed that all online purchases will make up more than one third of the sales in the U.K by 2022. At the moment, the combination of s-, e- and mcommerce make up around 10 percent of sales in the…
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Mobile spending on Christmas day increases by 173 percent this year
This year, consumers across the United States didn’t hesitate to continue their holiday shopping on Christmas day just because the malls were closed, as online sales jumped by 16.4 percent over last year, and the mobile shopping spiked sharply by 117.8 percent. This retail data is according to IBM’s Coremetrics. It observed trends that were comparable to what was seen over Thanksgiving, as well. A growing number of customers were visiting retailers using their smartphones and tablets to make their purchases when the stores were closed. In fact, according…
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