Understanding the motivations and habits of online consumers is crucial to securing their business. People who shop online tend to be better educated, younger, and more affluent than the general US population. Their purchases also represent a disproportionate share of online shopping sales.
In fact, according to a white paper released by professional services network KPMG, nearly seventy percent of online sales can be attributed to just one-fifth of online consumers. So, it’s important for retailers and service providers to understand what and why people are buying online.