Super Random Facts
What year did E-commerce actually start?
1979
What country uses Shopify the most?
China
A business that has a physical store that customers can go to rather than just having an online presence.
Brick and Mortar
What percentage of consumers conduct online research before making a purchase online?
(5% variance)
85%
What year did Amazon launch?
1995
What was the first restaurant to offer online ordering in 1994?
Pizza Hut
Before becoming an E-commerce hosting giant, what was Shopify?
Good or services tailored towards a specialized industry, or a select product.
Niche
What is the average open rate of an abandoned cart email?
(5% variance)
45%
"Fiona" was the original name for what Amazon product?
The Kindle
What was the name of the first major E-commerce company?
CompuServe
$1.5 Billion
The process of granting permission to give orders, make decisions, or take an action.
Authorization
What percentage of social media orders come from Facebook?
(5% variance)
85%
What was Amazon almost named?
Cadabra (as in abra)
Michael Aldrich
What was Shopify originally going to be named?
Snowdevil
A semi-fictional representation of your prospective customer based on market research and real data of your existing customers.
Buyer Persona
What percentage of Millennials have compared online deals using a mobile device?
(2% variance)
93%
What was Amazon's early slogan?
"The Earth's Largest Bookstore"
What are the six types of E-commerce?
B2C (business to consumer)
B2B (business to business)
C2C (consumer to consumer)
C2B (consumer to business)
B2A (business to administration)
C2A (consumer to administration)
In 2019, what Shopify store had the best performance with over $7B in sales?
Budweiser
A type of online advertising where online content is created for paid promotion of a brand on a media site, but resembles the publication's editorial content.
Native Advertising
What percentage of Google product searches turn into transactions within 5 days?
(2% variance)
35%
What purchasing feature does Amazon own the trademark to?
"1-click" Buying