Most of the gross merchandise volume (GMV) online stores generate comes from orders of three to five products, a 2022 study showed. The higher is the annual revenue of the online store, the bigger is the share of GMV generated by online orders of three to five items. E-commerce sites with annual revenue worth over 10 million U.S. dollars generated 55 percent of their GMV from orders of such cart size.
Distribution of gross merchandise volume (GMV) of online stores in 2022, by cart size and annual revenue
Characteristic
Very small cart size (1-2 items)
Small cart size (3-5 items)
Medium cart size (6-10 items)
Large cart size (over 10 items)
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BCG. (June 20, 2023). Distribution of gross merchandise volume (GMV) of online stores in 2022, by cart size and annual revenue [Graph]. In Statista. Retrieved September 13, 2024, from https://www.statista.com/statistics/1429473/gmv-distribution-by-cart-size/
BCG. "Distribution of gross merchandise volume (GMV) of online stores in 2022, by cart size and annual revenue." Chart. June 20, 2023. Statista. Accessed September 13, 2024. https://www.statista.com/statistics/1429473/gmv-distribution-by-cart-size/
BCG. (2023). Distribution of gross merchandise volume (GMV) of online stores in 2022, by cart size and annual revenue. Statista. Statista Inc.. Accessed: September 13, 2024. https://www.statista.com/statistics/1429473/gmv-distribution-by-cart-size/
BCG. "Distribution of Gross Merchandise Volume (Gmv) of Online Stores in 2022, by Cart Size and Annual Revenue." Statista, Statista Inc., 20 Jun 2023, https://www.statista.com/statistics/1429473/gmv-distribution-by-cart-size/
BCG, Distribution of gross merchandise volume (GMV) of online stores in 2022, by cart size and annual revenue Statista, https://www.statista.com/statistics/1429473/gmv-distribution-by-cart-size/ (last visited September 13, 2024)
Distribution of gross merchandise volume (GMV) of online stores in 2022, by cart size and annual revenue [Graph], BCG, June 20, 2023. [Online]. Available: https://www.statista.com/statistics/1429473/gmv-distribution-by-cart-size/