Welcome to the 42nd Week in eCommerce Data, where Friday begins with a dose of ecommerce data. In this week’s roundup, we dig up stats relating to the growing importance of social media, top ecommerce markets, and digital-only strategies. Plus other ecom news elsewhere!

Key ecommerce data

48% of retailers

regard social media platforms as very important when it comes to boosting conversion rates.

$2.67 trillion spent

online around the world on the top 100 ecommerce marketplaces in 2020.

$12 million

the price tag that The Saadia Group paid for Lord & Taylor, which recently announced its relaunch as ecommerce only.

$1 trillion

the forecasted value of US ecommerce by the year 2022, with lasting ecommerce habits set to stick beyond the pandemic.

68% of consumers

would place a delivery online if it includes fast shipping, as same-day delivery is considered more important than ever.

$25 billion by 2023

the expected value of livestream commerce, as Nordstrom recently unveiled its livestream shopping channel.

49% of Irish shoppers

do the majority of their online shopping at local small- and medium-sized businesses.