20+ Fascinating Online Shopping Statistics [2023]: Online Shopping Vs. In-Store Shopping – Zippia
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Is online shopping more popular than in-store shopping?
No, online shopping is not more popular than in-store shopping. As of 2021, In-store shopping is still more popular than online shopping, with 80.9% of sales being offline, and 19.1% being online. Even in 2022, online retail sales have only reached 21% of all global sales.
However, this isn’t to say that online sales aren’t growing. For example, between 2012 and 2022 overall online sales have grown by 162.5%. With that in mind, it is possible that in the next 10-20 years online shopping will become more popular than in-person shopping.
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What percentage of global retail sales are online?
21% of global retail sales are online as of 2022. This shows that even in spite of the spike in online sales caused by the COVID-19 Pandemic in 2020, brick-and-mortar shopping still reins supreme around the globe.
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Why do customers prefer in-store shopping?
Many customers prefer in-person shopping because it provides them with the immediate satisfaction of getting the product they’re buying. A lot of other consumers like to see or try on the product they’re considering in person before committing. Shopping online can be a little too hit or miss.
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What percentage of Americans shop online?
69% of the American population shopped online at least once in 2021. While the pandemic was a major driving force for online sales, there are still many Americans in rural areas who rely on online shopping for many of their daily nessessities. From grocery shopping to furniture browsing, online shopping is becoming more and more popular with Americans.
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How many people bought something online in 2021?
Over 2.14 billion people bought something online in 2021 globally. That’s just over 27% of the global population, meaning that over a quarter of the people on earth now make purchases online.
Research Summary. Online shopping has completely transformed the consumer market over the past few decades. However, it still has a long way to go before it overtakes in-person shopping. In spite of its immense popularity, online shopping still lacks some of the convenience and immediate satisfaction that people crave when they’re buying things.
Overall, to find out more about the current state of online shopping, as well as how recent years have impacted in-store shopping, we’ve done our research. Here are some of the key takeaways we’ve uncovered:
A massive 63% of all shopping journeys begin online, whether or not the consumer ends up making their purchase online or in-store.
As of 2022, at least 75% of consumers shop online at least once a month.
For further analysis, we broke down the data in the following ways:
Online Shopping Vs. In-Store Shopping | Trends and Projections | Mobile Shopping | Consumer Preferences | Social Media Shopping
More specifically, 31% of consumers have reported shopping only once per month, while 24% said once every two weeks, and 20% said once per week. Conversely, only 25% of consumers shop online 3-4 times per quarter or less.
Over half of consumers rely on Google, social media, and other tools to begin their shopping experience. Additionally, around half of shoppers who shop in-store first end up going online afterward.
That means 69% of the American population shopped online in 2021. The number of Americans who shop online has been steadily increasing since 2016.
61% of shoppers said that they prefer in-store shopping because they want to see or try on the items they’re buying.
60% of consumers said that they favor in-person shopping because it allows them to have their items immediately.
Almost 40% of consumers make an in-store purchase at least once a week. Comparatively, only 27% of shoppers make an online purchase at least once a week.
In 2020, there were only 255.99 online shoppers in the United States. In other words, this would represent an increase of 8.7%.
It’s predicted that there will be over 278.33 million online shoppers in the United States by 2023.
This would be an increase of over 36% year over year since 2022. In 2022, U.S. e-commerce sales were $805 billion.
This number is only likely to grow as more companies will invest in their social media marketing campaigns.
In 2019, one study found that 36% of US consumers have bought an item directly via social media.
That’s why lots of shoppers prefer using big corporations, like Amazon , because their return policy is so easy to deal with.
According to one study, over 80% of people are deterred from shopping at a store because they have an inconvenient return policy.
Alternatively, about 43% of shoppers in the United States said that they plan to shop in-store during the holiday season.
Conclusion
While online shopping was once only a trend, it has become a significant rival to the in-person shopping scene over the past couple of decades. As of 2022, 21% of global retail sales are online. Over two billion people bought something online in 2021.
In the United States alone, over 230 million people shopped online in 2021. That’s 69% of the American population. Global e-commerce retail sales reached nearly $5 trillion last year. Those are some huge numbers compared to 20 years ago.
Today, many people are turning to online shopping as their main avenue of purchasing goods. Up to 75% of consumers shop online at least once a month. Over 60% of buying journeys start online, either with research or browsing. However, lots of people still prefer in-person shopping to make purchases online.
65% of people say that they prefer in-person shopping because they can avoid delivery fees. Another 60% stated that they tend to shop in person because they can get their items immediately.
While many people are a little wary of online shopping, there’s no doubt that the industry is growing. 22.3% of worldwide total retail sales are expected to be online by 2023. By 2023, it’s predicted that U.S. e-commerce sales will surpass 1 trillion dollars and that there will be over 278 million online shoppers.
