There are millions of searches each month in Google for terms like “online business”, “successful online businesses”, “best online business to start” and many more.
Here are some compelling facts about online business:
• In 2019, nearly 1.8 billion people made purchases online
• Millennials now make around 60% of purchases online
• Page loading speed is critical and 53% of mobile users abandon sessions if they have to wait 3 seconds for a page to load
• 88% of consumers will perform research online prior to making a purchase
• Around 80% of online businesses that did not achieve their revenue goals had 10,000 or fewer monthly visitors to their website
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