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This Week in eCommerce Data: April 22nd, 2022

This Week in eCommerce Data: April 22nd, 2022

Welcome to the 92nd Week in eCommerce Data, where Friday begins with a dose of ecommerce data. In this week’s roundup, global social media commerce value, what customers think of sizing tools, and digital underinvestment. Plus, other ecommerce news from elsewhere!
 

Key ecommerce data
 

$1.2 trillion

the global value of social media commerce by 2025, with the biggest gains to be made in Brazil and India. 

9.4%

of retail spend in 2021 was from Amazon, as it overtook its retail elder Walmart. 

71% of consumers

say that ecommerce sellers don’t offer any sizing tools, which is likely leading to a high number of online returns. 

45% of organizations

have invested in new digital technologies such as ERP and B2B ecommerce apps to address supply chain disruptions. 

41% of consumers

say that they currently shop online for items that they would typically buy in-store. 

$12.5 billion

the revenue that Lululemon is aiming to hit by 2026 through doubling down on men’s clothing and ecommerce, after exceeding $6 billion for the first time. 

$2 billion

the current valuation of Salsify, the experience management platform that specializes in engaging shopping experiences. 

$16 million

the amount raised in seed funding by Jarvis ML, a platform that offers AI-powered personalization to brands selling products and services. 

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