Thursday 25 June 2015

Online Shopping - US - June 2015

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With a 16% CAGR (compound annual growth rate) from 2010-14, e-commerce is the engine of growth for retail, driving gains in excess of $500 million for 11 retailers in 2014 alone. At the same time, many e-tailers are having trouble profiting even on these high levels of topline growth, with Amazon, Etsy, Zulily, ThinkGeek, and CafePress reporting profit losses for 2014 or in the first quarter of 2015.

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Table of Content
Overview
What you need to know
Definition
Executive Summary
The issues
Buyers focused on price
Figure 1: Price vs. assistance and rapid checkout, March 2015
Wants beating needs
Figure 2: Categories purchased online, March 2015
Amazon’s grip tight
Figure 3: Extent of online shopping conducted on Amazon, March 2015
Good times, lousy profits
Figure 4: US total online shopping sales, at current prices, 2010-20
The opportunities
The Market – What You Need to Know
CAGR of 16% from 2010-15
Trillions available for growth
Rise of web, mobile, price-checking to drive future growth
Market Size and Forecast
16% behind, 12% ahead
Figure 7: Total US online retail sales, at current prices, 2010-20
Figure 8: US total online shopping sales, at current prices, 2010-20
Market Perspective
E-commerce carries limited share of total retail
Figure 9: Attitudes that limit online shopping, March 2015
Omni-channel opportunity for clothing
Sense of touch, same-day premiums, and existing brick-and-mortar trips
Figure 10: Product categories purchased online, March 2015
Limited interest in in-store pickup
Figure 11: Attitudes to in-store pick-up of online purchases, March 2015

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