Statistics of Online Selling and Buying Websites changing the trends If we look at the statistics of the past few years it is clearly evident that e- commerce or online shopping is among the largest retail channels. People are now using online auction andSell and Buy used stuff websites for doing their groceries, gift shopping, and for any sort of shopping. If we analyze the behavior of online shopping, it is noted that people shop more every time they use online shopping websites. If they record their shopping, they figure out that they spend more than they planned to. They not only find selling and buying through online marketplaces convenient but also suitable. Why online shopping is in demand? Online shopping sites and marketplaces have allowed many people to work from home. Entrepreneurs who run a small business or couldn’t afford physical stores for their business can very conveniently run their business. It not only aids people to work from but also their business is accessed from all over the world. Many existing brands and shops have introduced their online sites to spread their supplies all over the world. People can easily sell and buy used stuff locally if they cannot afford new products or want to make money out of their used stuff.
Creative shipping options and exchange or return policies attract the users and allows them to utilize online marketplaces to sell and buy used stuff more. Buyers can easily track their order and if not satisfies can easily return their stuff. How many people shop online? According to a survey, approximately 80% of US citizens shop online. The percentage was recorded to be 22% back in 2000 and it has grown way too much with time. There are almost 217.1 million people in the US who shop online for all the necessities and everyday shopping. Moreover, the amount is predicted to reach 224 million in 2019. However, US comes eighth in the ranking of countries who shop mostly online.