Shopping online is becoming more and more popular each year. There are several advantages to purchasing items from the comfort of
your own house. However, what is most surprising is where the most significant growth is taking place in terms of shopping on high speed broadband. Here are some of the latest details on what people are purchasing and where they are purchasing it from.
Surprisingly, most of the world’s online shoppers now come from Asia. While some may look at this and say that they have more people there than in other corners of the globe, there are also many countries in that part of the world that limit their citizens access to the World Wide Web. In fact, more than 85% of people in Asia and Europe combined have shopped online at one point or another. More than 83% of residents in both the United States and Canada have shopped online. 87% of those living in Australia and the Pacific Islands spend money online as well. The one continent with the fewest residents who are shopping online is those who live in Africa. There, only 53% of residents shop online.
While the full numbers are not yet in for 2011, we will concentrate on 2010 where Americans spent more than $186 billion in online shopping. Those numbers are more than likely going to be higher in 2011 despite the fact that the economy continued to struggle throughout much of the year.
More and more people are also using the internet to do more than just shopping. In fact, more than 81% of internet users also use the internet in order to research projects which they are considering purchasing. This makes sense because there are numerous ways to compare and contrast items online. In addition, before people make a large purchase, they want to make sure that they are purchasing the right item. As a result, the internet has been an invaluable tool when it comes to researching which product is right for you.
In addition, people are also using high speed internet to do more than just simply purchase an item. More than 26% of internet users have purchased items by using an online auction. A lot of consumers are turning to auctions as a way to get what they want, but also save some money at the same time.
There are certain items that people seem to look for online. The most popular item which is purchased online is clothing. In fact, there are more than $12 billion in online clothing sales each year. The second most popular item purchased online is jewelry with approximately $10 billion in sales. Other popular items which are purchased online consist of furniture, computers and music.
Online shopping continues to grow by leaps and bounds each year. Sales are already approaching $200 billion a year and are projected to climb to $250 million a year by the year 2014. Shopping online is convenient, safe, and can be a lot of fun at the same time. As a result, online sales will continue to grow.
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Tags: Online Internet Shopping, Shopping With Broadband, Shopping With High Speed Internet
