Online shopping in Pakistan – The Importance Of Accurate Data.
Online shopping in Pakistan is rapidly growing and reliable data will help buyers and sellers help in this regard. It is essential to have accurate and current data to make informed strategic decisions in all spheres.
It pays off in the long term. Without reliable, up-to-date, comprehensive data, there’s no way to know. And guesswork may cost dearly.
Data should be trustworthy, most advanced, and thoroughly accurate to extract powerful strategic insights.
We have included 15 accurate and up-to-date statistics in this article. We also recommend the best strategies to help you take advantage of them.
Online Shopping Statistic No.1:
According to the latest statistics, online shoppers will surpass 2 billion by 2021. In 2021, the global population is expected to reach 7.87 billion. It means that nearly 27 percent will shop online. It is another critical point. The number of online shoppers has been increasing rapidly over the years.
The Key Takeaway:
More people prefer online shopping, so it is the perfect time to open an online shop.
Online Shopping Statistic No.2:
Online shopping will make up 19% of all retail sales worldwide by 2021. It shows that online shopping has slowly taken over the market and is becoming an integral part of global commerce.
The Key Takeaway:
Online shopping is becoming more popular and integral to the consumer experience. This trend presents many opportunities for entrepreneurs.
Online Shopping Statistic No.3:
What are the main reasons people shop online?
1- Free delivery-49%
2- Capability to utilize coupons and implement discounts-41%
3- Consumers can read reviews online-35%
4- Consumers can return their items easily-33%
5- Quick Checkout process-30%
These study numbers determine that the dominant force of online shopping sprawls in its comfort.
The Key Takeaway:
Online shopping sites must ensure that customers have a pleasant experience. Online shoppers should have an easy and intuitive shopping experience, quick shipping, and hassle-free returns. Social media can help you get your store in front of buyers. Advertise your store via Facebook, Instagram, or Google Shopping.
Online Shopping Statistic No.4:
Online shoppers spend around 81 percent doing research online before buying. And it is one of the principal reasons for the success of online shopping.
The Key Takeaway:
Online shopping sites must offer accurate and detailed product pages. High-quality product descriptions, images, and specifications should be available. It will make the online store more trustworthy and help shoppers to do their research.
Online Shopping Statistic No.5:
A company that fails to provide a great customer experience is responsible for around 58 percent of customers quitting. A bad experience for customers can lead to a negative impression. This negative experience will cause customers to avoid shopping at the store in the future.
Online shopping stores that do not offer a great customer experience will soon disappear.
The Key Takeaway:
Online shopping stores must provide excellent customer service. The customer must enjoy a great shopping experience.
They will be able to retain customers by providing an excellent shopping experience. Repeat purchases will result from this retention.
Online Shopping Statistic No.6:
Online shoppers prefer to shop at online stores that provide contact information to get in touch with the company. Relationships are essential for business. A brand is a reflection of the values and beliefs of those behind it. Online business success and growth are influenced by honesty and ethical principles.
The Key Takeaway:
Online shopping sites must establish strong customer relationships. Customers should have easy access to their customer service representatives. Trust builds trust, which can lead to increased conversions and customer retention.
Online Shopping Statistic No.7:
The number of mobile phone users shopping online is on the rise. As a result, mobile E-commerce sales worldwide are on the rise. But what if consumers don’t have a positive and impressive mobile shopping experience? If this happens, you will likely avoid buying from the business in the future.
The Key Takeaway:
Online shops must optimize their websites to work on mobile devices. Therefore, the theme should be compatible with mobile devices as well.
Customers will be loyal to a mobile-friendly shopping experience.
Mobile page loading speed should be exceptional. Remember that speed is essential.
The Lesson For Stores Providing Facility Of Online Shopping in Pakistan:
These statistics are global, but all of these strategies and takeaways have great importance for online shops in Pakistan. E-commerce is a growing industry. This sector of business is contributing to the economic growth of Pakistan.
Online shopping in Pakistan is becoming increasingly popular. Amazon, a major e-commerce company, is now entering Pakistani markets. It will make it more challenging to compete. So take on the challenge and use these statistics to be the top choice for Pakistani online shoppers.