What Percentage of Ecommerce Stores Use Which Platform?

What Percentage of Ecommerce Stores Use Which Platform? 

With online store builders, it’s easier than ever to try out business ideas and test the market with an inexpensive and efficient online store. 93.5% of internet users have purchased something from an online store. It’s not surprising then that 93.5% of these customers also purchase from an online store. The next question is: what percentage of these businesses use each platform? Let’s take a look. Read more to get more info:

Shopify is the third-largest eCommerce platform in the world 

While many startups fail, Shopify is proving that its business model can scale up to the global marketplace. The company is rapidly increasing its monthly recurring revenue, and its customers are more than willing to share their positive experiences with others. This can help ignite sustained organic growth, particularly for new entrepreneurs. With a free trial period lasting 90 days, you can get a feel for Shopify before you invest in a subscription. 

The Shopify marketplace is expanding at an exponential rate. More than 80% of merchants are already using third-party apps, and more than 7,000 apps are available through the Shopify App Store. Shopify also offers a wide range of additional features, and its merchants can add the tools they need to boost their sales. Overall, Shopify is the third largest eCommerce platform in the world, and its growth continues to increase. 

WooCommerce is the leading eCommerce platform in the world 

In recent years, WooCommerce has gained significant popularity and is regarded as one of the biggest names in the eCommerce platform market. It is trusted by businesses all over the world and is now the leading eCommerce platform in the world. It is the most popular eCommerce platform worldwide and holds the largest market share outside the top 1 million eCommerce websites. Its plethora of features and benefits make it an excellent choice for most businesses. 

In Australia, WooCommerce is the most popular eCommerce platform, followed by Shopify, Squarespace, and Wix Stores. In Germany, WooCommerce and Shopify have almost equal market shares, while Wix Stores and Ecwid have slightly lower market shares. In the United Kingdom, WooCommerce and Shopify share 25% of the market, while Ecwid and Wix Stores each hold 8% and 3%, respectively. 

Amazon will corner 41% of the US retail eCommerce market in 2021 

In the US, Amazon continues to lead the way in the retail eCommerce space. In the first quarter of 2018, Amazon generated 41.0% of all sales. The next closest competitors were eBay and Walmart Inc., which accounted for the rest of the market at 6.6% and 4.2%, respectively. With these figures, it is no surprise that Amazon is on track to become the number one retailer in the US. 

The growth of the e-commerce industry is set to continue apace in the coming years. The market will grow by 14% by 2022 compared to 10 percent this year, according to recent estimates by analyst firms. Amazon’s investments will give it a huge advantage as it leverages its massive scale to rob market share from its competitors. However, the company’s growth will likely exceed expectations from Wall Street, which means that investors should remain cautious and look for a new rally. 

Walmart will continue to grow in the third quarter of 2021 

Retail giant Walmart is on track to beat its third-quarter guidance on Tuesday. Analysts had predicted the company would post a gain of around 6.1% in comparable sales, up from 3.1% last quarter. Meanwhile, sales in its U.S. stores rose 7.5%, driven by higher holiday demand for apparel and toys. In the coming quarter, the company expects to see comparable sales increase between 6% and 7%, and adjusted profit to reach $6.40 a share, compared to its previous forecast of $6.20 to $6.35. The company also expects operating income to rise between 9.5% and 11.5%, compared to its previous forecast of $6.20 to $6.40 per share. 

In the third quarter, the company’s sales grew by 3.5%, driven by its ability to keep prices low and offer a wide variety of items at lower prices. As Walmart has more than 5,000 locations nationwide, it has significant buying power and leverage with consumer product manufacturers, which allows it to sell goods at lower prices than other retailers. Walmart also offsets the supply-chain pressure on margins by leveraging its advertising business. In addition, the company’s Spark driver platform has expanded its reach to 900 cities, allowing it to serve more than 50% of U.S. households.