Blurred background image

This Week in eCommerce Data: October 16th, 2020

This Week in eCommerce Data: October 16th, 2020

Welcome to the twenty first Week in eCommerce Data, where Friday begins with a dose of ecommerce data. In this week’s roundup, expected global sales that Prime Day took, the growth in B2B. Plus more!

Weekly insight

Traditionally B2B has been a forgotten land for great UX. Once upon a time companies had rustic and abrasive systems to receive buyers and clients – it was accepted that it was a transactional entity only. But 2020 has a way of shaping things into place: as people had to stop communicating via traditional ways, we saw a need for B2B to express business ideas in a better way, and more and more clients requesting for a better experience on the web.

We also see the continuous growth of solutions in Latam, which opens a big possibility for markets like Mexico, Brazil, and other countries.

Key ecommerce data

60%

of B2B buyers now conduct at least one-quarter of their business purchasing on a marketplace, as B2B growth accelerates.

$10 billion

the milestone that Amazon’s Prime Day is estimated to have hit in global sales during the 2-day sales surge of October 13-14.

90%

the cut in value of converting dead malls into warehouses, as predicted by Barclays.

1.9%

the expected increase in holiday sales according to the main trade group for shopping centers, ICSC, amounting to $862 billion.

$30 million

the amount raised by Nuvemshop, nicknamed as Latin America’s answer to Shopify, with offices in Brazil and Argentina, as ecommerce in the region is going through a boom.

25%

of consumers buy something after seeing posts or comments by others, a number that points to the growing importance of social media’s role in ecommerce.

62%

the current cart abandonment rate, with many consumers struggling to make it all the way to purchase.

This Week in eCommerce Data: October 16th, 2020

Related Ideas

If you got value from this article, you may enjoy these other articles, as well. We’re always adding value!

Top 10 Sports Brands that Use Salesforce Commerce Cloud
  • United Virtualities: We are UV
  • Commerce
  • Salesforce Commerce Cloud

Top 10 Sports Brands that Use Salesforce Commerce Cloud

What are the top 10 sports brands that are hosted on Salesforce Commerce Cloud? [...]

Second Serving of the UV-Lamb Weston Project
  • United Virtualities: We are UV
  • Bite-Sized Case Studies
  • Commerce

Second Serving of the UV-Lamb Weston Project

Help yourself to a serving of exceptional teamwork: United Virtualities and Lamb Weston. [...]

Up Your Speed: The Coming of Same-Day Delivery
  • United Virtualities: We are UV
  • Commerce
  • Salesforce Commerce Cloud

Up Your Speed: The Coming of Same-Day Delivery

Time’s running out to fulfill same-day delivery. But how can you implement it? [...]

Latest ideas

Our latest thinking about SF Commerce Cloud.

What eCommerce Platforms Are the Major Food & Drink Brands Using?
  • United Virtualities: We are UV
  • Commerce

What eCommerce Platforms Are the Major Food & Drink Brands Using?

What are the best food and drink brands powering their websites with? [...]

Beyond Prime: The Last Five Years of eCommerce and Retail
  • United Virtualities: We are UV
  • Commerce

Beyond Prime: The Last Five Years of eCommerce and Retail

What do the last 5 years of ecommerce reveal about its trajectory in retail? [...]

What eCommerce Platforms Do the Top Electronics Brands Use?
  • United Virtualities: We are UV
  • Commerce

What eCommerce Platforms Do the Top Electronics Brands Use?

Which ecommerce platforms are the very best electronics brands currently using? [...]

How can we achieve
awesomeness together?


UV has acquired SFCC & AEM specialist dev shop, Sawyer EffectLearn all about it!