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Mcommerce is the Present and Future of Ecommerce infographic - Building Supply Retailers

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Global mobile commerce transaction revenues grew from $51 billion in 2014 to $693 billion in 2019 In 2019, mcommerce comprised over a quarter of total global ecommerce, more than doubling since 2015 60% of millennials and Generation Z consumers are likely to complete transactions on their mobile devices 11:43PM ECI Mcommerce www.ecisolutions.com | How business gets done. Mcommerce Is the Present and Future of Ecommerce Mobile commerce has risen to become the dominant platform in ecommerce, with no signs of slowing down. Are you investing in mcommerce solutions? GLOBAL & U.S. MCOMMERCE STATISTICS GLOBAL & U.S. MCOMMERCE PROJECTIONS MCOMMERCE IS THE DOMINANT FORM OF B2B ECOMMERCE WHY INVEST IN MCOMMERCE TECHNOLOGIES? 54 % 50 % 45 % Mcommerce will reach $284 billion, or 45% of the total U.S. ecommerce market, by 2020 54% of all U.S. retail ecommerce is expected to be generated through mobile by 2021 60 % 91 % By oering a mobile shopping solution for your customers, you can dierentiate your business and keep customers loyal. Ask about ECI's mobile solutions for Home and Building Supply Retailers Mobile payments will account for 50% of ecommerce payments and become mainstream in most markets by 2026 $51 2014 $693 2019 1 out of 4 B2B buyers sends out orders using a mobile device 91% of B2B Buyers' searches are carried out on a mobile device SOURCES: 1. www.businessinsider.com/mobile-commerce-shopping-trends-stats 2. www.smallbizgenius.net/by-the-numbers/ecommerce-statistics/ 3. www.store.frost.com/us-b2b-ecommerce-platforms-2018.html 4. www.adweek.com/digital/mobile-shopping-is-on-the-rise-but-remains-split-between-the-mobile-web-and-apps/ 5. www.thinkwithgoogle.com/marketing-resources/micro-moments/how-to-beat-consumer-tune-out-with-useful-content/ ©2020 ECI and the ECI logo are trademarks or registered trademarks of ECI Software Solutions, Inc. All rights reserved.. 73% 69% 67% 59% 61% of mobile consumers feel more favorable towards sites that allow them to make purchases quickly of consumers have downloaded a retailer app of mobile consumers are more likely to buy from companies whose sites help them easily find answers of mobile consumers are more likely to buy from sites that customize information to their location and preferences of mobile consumers will switch from a poorly designed mobile site to one that makes purchasing easier 877.521.1100 | www.ecisolutions.com | buildingsupplyERP@ecisolutions.com

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