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SpinDistribute.com Article Directory

The following article was published in our article directory on March 2, 2012.
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Online Shopping Statistics

Article Category: Advice

Author Name: chickie maxwell

The advent of the internet brought about business opportunities as well as more practical ways to do the things that a person does on a regular basis, including shopping. 1990 has altered the way people seek and find information, not to mention the way that people connect with others, with the introduction of the internet. A few years later, the first online stores cropped up, and many more came with the passing of the years. Now, there could be millions of online stores, hosted in many different countries and serving people of different and mixed nationalities, catering to whomever is in need of their products and gaining more customers as they present their services.

71% of all Americans aged 18-32, 80% of all Americans aged 32-44 and 72% of all Americans aged 55-64 shop online. The adult population of America, specifically at least 70% of them, would have shopped online at one time in their life. Also, Americans spend billions of dollars every single year on online shopping. In 2004, almost $50 billion was spent on online shops. By 2014, it is predicted to rise to at least $250 billion. In 2011, $13 billion was spent on clothes, $11 billion on jewelry, $9 billion on computers, $8 billion on music, and $6 billion on furniture. And if this isn't enough, the whole world has followed suit, and now it isn't too hard to picture that majority of the world population has already tried shopping online at least once in their lifetime, even in Asia and Africa.

Cautious shopping is also very popular nowadays, especially because of shops over the web. After seeing a product online, most online shoppers would delay buying the product for hours or for days, depending on how high the competition is for the product, how much it costs and how much the budget is, how much wanted or how much needed the item is, as well as other factors. When searching for a product, most buyers would look for at least 3 different items and compare them side-by-side, taking notes of each and every item's advantages and disadvantages. Though it takes time, it shows that shoppers who are cautious of their purchases over the web are more satisfied with each and every item that they pick, compared to those who just choose whatever item they see first.

Offline businesses are set aback by online businesses, but this is no reason to fuss. Though there are offline businesses that have closed because of too much pressure or loss of funds, there are some of them that have stayed in the game and created online shops for their products and services. Not only are they given more exposure, because they are also given a chance to better connect with their existing clientele.

Shopping online, though not without risks, is done by billions of people all over the world. This shows that there are a lot who think that it is beneficial and more practical, therefore changing the way the whole world purchase products and get services.

Keywords: shopping

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