What Are People Buying Online?
By Rich Johnson on Sep 12, 2010• 18 Comments
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“Other Merchandise” as number two in percentage distribution…
yeah, that’s helpful
Great slides. Well done. I think you might have a problem wil the numbers at the bottom of the table. E.g. Music is listed as 3.1% of Sales at $2.9 Billion. Yet Toys are listed at 2.4% Sales at 2.7 Billion. Worth a look
Uhhh…where are the “Adult” purchases? I would’ve figured porn subscriptions, adult videos and toys would top the list.
Unless they are all tied in with the other groupings.
I bet adult purchases are in that giant “other merchandise” category. *If* I bought adult products, I would want it to appear as “other merchandise” too, no DOUBT.
Are “Sales” in dollars or number of transactions? If it’s dollars, $2.9 billion for music seems very low in a country of over 300 million people (really only $10 per person? That’s about one album/10 songs).
And if it’s transactions, the computer software & hardware numbers seem out of whack. Are people buying nearly four times as many pieces of hardware relative to software?
Online Social Media Marketing can be measured , too. Try this out from ImpactInteractions, ROI from online communities:http://impactinteractions.com/measurement-reporting/moving-beyond-counts-traffic-social-media-measurement-that-works/1153
libert, Since it says “e-commerce sales” and doesn’t indicate dollars of sales, I would infer it means transactions. If it were dollars, I would expect it to say “dollars in e-commerce sales.” I took “sale” to mean a transaction as in “I made a sale.”
I don’t think the hardware/software purchase is that out of whack. I bought my laptop online fully loaded with the software I wanted/needed. I would expect that turns up as solely a hardware purchase. I don’t think many individuals buy separate software packages while they do often buy laptops, specialized mice, etc., and business often buy software in bulk so it would be counted as a single transaction.
I think Billions means dollars, not transactions. But, it would be nice to verify that ? maybe I’ll ask Reuters.
Where are the travel products – hotel bookings, plain tickets? Online travel sales is also counted to billions worldwide, are they included in this study in some category? Moreover, i think they should have been mentioned in a specific category.
I was thinking the same thing about porn and “adult services.” Maybe I’m overestimating the market, but it seems like if “Other Merchandise” also included porn it would surpass clothing.
Non-Merchandise comprises many of the markets you mentioned. Travel, insurance, and on line porn is not merchandise, nor is shipping, insurance and a number of other intangibles. If the “porn” is a video purchase it may end up in Other merchandise, which is a vast category. This is a poll, taken of consumers, asking them to categorize their purchases. The percentages are then applied to the monetary equivalent to reach these numbers. You’ll note that adding those numbers gives us approximately 89 billion in online dollars, while projections for 2010 are 163 billion in sales. Obviously large markets are missing.
I love seeing those statistics. Very interesting. I would immediately assume a huge majority would be electronics.
I read this somewhere else a while back, great stats good to know.
Wow, i didn’t realize that furniture would take the lead. Surprising results. I wish we could dig into each catagory.