U.S. holiday season e-commerce sales growth 2013-2020
This timeline shows the annual holiday season retail e-commerce sales growth in the United States from 2013 to 2020. In 2020, holiday shopping e-commerce is projected to significantly increase by 35.8 percent compared to the previous year.
Christmas holiday shopping in the United States
Despite complaints from some about the commercialization of Christmas, the practice of spending on gifts for family and friends has a strong presence and is the cultural norm in the United States. However, one practice that is changing is where shoppers are going to do their Christmas shopping. Annual holiday season retail e-commerce sales growth in the United States shows that online shopping during the holiday season is growing at a rate higher than that of total retail sales as seen above. As such, local retailers are concerned that more shoppers are choosing to shop from home or on the go through their mobile devices. A survey of the most important factors in a customer’s decision of retailer during the holiday season showed that sales or price discounts as well as selection of merchandise were among the most important factors. Local retailers may find it increasingly difficult to compete with the prices and selection offered online given the ability of large online platforms to harness the benefits of economies of scale and wide market access. However, there is hope for local retailers.
Christmas holiday shopping in the United States
Despite complaints from some about the commercialization of Christmas, the practice of spending on gifts for family and friends has a strong presence and is the cultural norm in the United States. However, one practice that is changing is where shoppers are going to do their Christmas shopping. Annual holiday season retail e-commerce sales growth in the United States shows that online shopping during the holiday season is growing at a rate higher than that of total retail sales as seen above. As such, local retailers are concerned that more shoppers are choosing to shop from home or on the go through their mobile devices. A survey of the most important factors in a customer’s decision of retailer during the holiday season showed that sales or price discounts as well as selection of merchandise were among the most important factors. Local retailers may find it increasingly difficult to compete with the prices and selection offered online given the ability of large online platforms to harness the benefits of economies of scale and wide market access. However, there is hope for local retailers.
