Facts about E- commerce store development


Donaldcastillo

Uploaded on Nov 26, 2019

Category Technology

Presentation on "Facts about E- commerce store development"

Category Technology

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Facts about E- commerce store development

FACTS ABOUT E- COMMERCE STORE DEVELOPMENT FACT 1 • E-commerce was first introduced in 1979. • • They became popular after 1990 when Internet became available with large mass of population, FACT 2 • The most popular website worldwide now a days is Amazon which started in 1995. • But initially Amazon was not doing good and it started profit making after 2003. • Now amazon is the largest online retailer in the market. FACT 3 • 46% of online buyers have trusted social medias when deciding to buy something online. • 47% of e-shoppers use Facebook to get influenced on their buying pattern. • 54% Facebook users use their smart phones to make online purchase and payment. FACT 4 • 40% of e-buyers make purchase by credit card. • PayPal is quickly growing at 35%. FACT 5 • Amazon is at number one position among e-commerce store. • e Bay is at the 2nd rank followed by apple, Walmart and The Home Depot. FACT 6 • Pizza Hut was the first pizza chain to offer online ordering in 1994. • Then Domino’s pizza offered online in 1996. FACT 7 Sachin Bansal and Binny Bansal (Founders of Flipkart) who are the most young Indian billionaires have seen their revenue touching sky in a couple of years. They were on 86th position in Forbes India Rich rundown in 2015 and moved to 65th in 2016. They later acquired Ola Cabs. FACT 7 • USA was the first country to offer e-commerce stores. • E-commerce business is the least corrupt among all other business sectors. • There is discount in credit cards held by women in the US.