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  • Hi there.

  • Matt here, your resident e-commerce guru at Volusion.

  • Welcome to two minute Tuesdays, where I give you

  • two minutes of e-commerce advice to bolster your online success.

  • It's news to no one that e-commerce continues

  • to grow at a rapid pace.

  • In fact, Forrester predicts that online sales

  • will make up 11% of all retail sales by 2018.

  • But what's behind all this growth?

  • Check out these five factors driving the e-commerce boom.

  • One of the biggest drivers of e-commerce growth

  • is the rise of mobile commerce.

  • Reports show that around 50% of web traffic

  • comes from smartphone and tablet devices.

  • And thanks to increased comfort from consumers purchasing

  • via mobile, you'll see mobile commerce continue to shine.

  • Second on our list is the increase

  • in what the industry calls Omni-channel capabilities.

  • For example, the ability to buy online, pickup in store,

  • or buy online, return in store, makes

  • it very easy for shoppers to conveniently make purchases

  • on the web, then take any additional steps

  • at a physical store location.

  • The third driver is our newfound on-demand society.

  • We live in a world where a driver is just seconds away,

  • groceries can be delivered within an hour,

  • and you can hire someone to help you

  • do just about anything online.

  • This type of instant gratification

  • can also be seen in e-commerce, where shoppers

  • want their items purchased and delivered

  • in a convenient, timely manner.

  • Fourth up is the increasing need of highly specialized,

  • or niche, products.

  • So if you're looking to find that original light

  • saber from the very first Star Wars movie,

  • you're unlikely to find that at your local mall.

  • But online, that's a completely different ballgame.

  • Thanks to niche e-commerce sites and shopping feed sites,

  • those hard to find products drive a very important chunk

  • of online sales.

  • And last but not least, shoppers continue

  • to search for the best deals both on and offline.

  • Do you remember the last time you were in a store

  • and you went online to find a cheaper price or a coupon?

  • That behavior is only accelerating,

  • and e-commerce is the perfect platform

  • for shoppers to compare prices and save

  • a few bucks, which leads to even more industry growth.

  • Now with all of this growth taking place,

  • it's an exciting time to be in the e-commerce game.

  • Keep these five drivers in mind to help

  • frame your e-commerce strategy, and get yourself

  • a bigger slice of the pie.

  • Have any questions?

  • Feel free to drop me a line in the comments below.

  • From me to you, happy selling.

Hi there.

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