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In 2021, US Social Commerce Sales Will Rise By 35.8% to $36.62 Billion

By July 14, 2021No Comments

In 2021, US social commerce sales will rise by 35.8% to $36.62 billion. That’s only a slight deceleration in growth from social commerce’s blowout 2020, when sales surged by 38.9%, thanks mainly to the pandemic-driven boom in ecommerce and increased social media consumption, reports eMarketer.

In 2021 US Social Commerce Sales Will Rise By 35.8 to 36.62 Billion

Despite strong growth, the US’s social commerce market will be about one-tenth the size of China’s—$351.65 billion in 2021. China’s social commerce is one U.S. businesses need to look at closely as there are signs U.S. platforms such as Facebook are following suit with mobile commerce among other initiatives which are driving scaled growth in China.

eMarketer expects substantial growth in retail social eCommerce sales in China, even after China had had its horrendous first bout of COVID. They see social eCommerce sales in China rising consistently each year to 2023 – increasing by 11.6% in 2020, 13.0% in 2021, 13.8% in 2022, and 14.2% in 2023, reaching $474.81 billion in 2023.

Despite strong growth the USs social commerce market will be about one tenth the size of Chinas—351.65 billion in 2021.

Any and all e-commerce businesses need to be focused on social commerce, specially coming into the 2nd half of the year to have a solid close to 2021.

Let’s look at social commerce by popularity:

us social commerce stats

While Pinteret represents the smaller share of the big 3, it’s worth noting it can pay dividends with the right target audience and product on the platform.

Pablo Palatnik

Pablo Palatnik

Pablo Palatnik is an industry veteran in e-commerce & digital marketing with over 20 years experience. He successfully built and sold businesses; he now serves as the VP of Global E-Commerce for cosmetic dermatology brand DS Laboratories. Pablo is the Founder of Etrend.com.

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