Add to cart: Rising disposable income and internet connectivity will encourage more online sales

The E-Commerce and Online Auctions industry in New York comprises establishments that sell merchandise online. Industry revenue is strongly tied to that of consumer spending levels and internet usage, both of which have been positive influences over the past five years. The state industry also benefits from its overwhelming urban population, which makes shipping to the masses more efficient. The industry has benefited tremendously from the increased use and wide adoption of the internet. This indicates that more people have access to and are using the internet...read more.

Industry Statistics & Market Size
Revenue
$20bn
Annual Growth 12-17
13.5%
Forecast Growth 17-22
Profit
Employment
30,020
Businesses
10,893
What Our Customers Say

Industry Threats & Opportunities

  • Internet traffic volume will continue to flourish, boosting consumers’ accessibility to e-retailers
  • The New York industry is highly concentrated downstate, making it more efficient and affordable for e-commerce companies to serve
  • The shift from traditional retail to e-commerce shopping will continue
  • Industry Report - Industry Locations Chapter

    The E-Commerce and Online Auctions industry in New York is highly concentrated in only a few regions. Combined, nearly three-quarters of industry establishment are located in either New York City or Long Island. New York City, which represents 43.2% of the state's population, is a popular area for e-commerce establishments given its extremely high customer demand and relative ease of transporting goods within the five boroughs. Long Island also has high customer demand and also more affordable real estate, which, combined with its close proximity to New York City, enables companies to more efficiently serve high-population areas. Besides Kings, Queens and New York counties, as well as the two counties on Long Island, no other county represents more than 5.0% of industry establishment...purchase to read more.

    Additional Insights for the E-Commerce & Online Auctions in New York Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the E-Commerce & Online Auctions in New York Industry are

  • Ability to control stock on hand
  • Ability to quickly adopt new technology
  • Provision of superior after-sales service
  • IBISWorld analysts also discuss how external factors such as Percentage of services conducted online and Internet traffic volume in the E-Commerce & Online Auctions in New York industry impact industry performance..

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    What is the E-Commerce & Online Auctions in New York Industry?

    The E-Commerce and Online Auctions industry comprises establishments that sell merchandise online. The internet is the main selling platform via either a retailer’s online store or an auction site. This industry excludes media and software that is streamed or downloaded online.

    Industry Products
  • Health and beauty
  • Clothing and shoes
  • Household items
  • Entertainment
  • Industry Activities
  • Retailing computers, TVs and other electronics online
  • Retailing clothing and footwear online
  • Retailing other merchandise online
  • Operating internet auction sites
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Percentage of services conducted online
  • Internet traffic volume
  • Consumer Spending in New York
  • Number of mobile internet connections

  • Current Performance
  • Rising internet usage
  • Geography’s role
  • Industry structure
  • Chart: Revenue Growth

  • Industry Outlook
  • The shift continues
  • Geographical changes
  • Table: E-Commerce & Online Auctions in New York Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - E-Commerce & Online Auctions in New York Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Carpenters
  • Interior Designers
  • Consumers

  • Key Selling Industries
  • Cardboard Box & Container Manufacturing
  • Computer Stores
  • Couriers & Local Delivery Services
  • Postal Service
  • Wholesale Trade

  • Products & Services
  • Household items
  • Clothing and shoes
  • Health and beauty
  • Entertainment
  • Other
  • Chart: E-Commerce & Online Auctions in New York Industry Products and Services Segmentation

  • Major Markets
  • Consumers aged 35 to 54 years old
  • Consumers aged 18 to 34 years old
  • Consumers aged 55 and older
  • Chart: Major Market Segmentation for the E-Commerce & Online Auctions in New York Industry

  • Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Depreciation
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs E-Commerce & Online Auctions in New York

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the E-Commerce & Online Auctions in New York Industry

  • Amazon.com Inc.Boxed.comEtsy Inc.Wal-Mart Stores Inc.
  • Table: Amazon.com Inc. - financial performance
  • Table: Boxed.com - financial performance
  • Table: Etsy Inc. - financial performance
  • Table: Wal-Mart Stores Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the E-Commerce & Online Auctions in New York Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the E-Commerce & Online Auctions in New York Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Percentage of services conducted online (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Big Data
  • Extremely large data sets that are analyzed using software to identify consumer and market trends.
  • Brick- And-Mortar Store
  • Stores that have a physical presence and location, as opposed to online retailers.
  • Chatbot
  • Software that communicates with people via voice or message and is designed to simulate human conversation.
  • Multichannel Marketing
  • A marketing approach in which companies market to consumers using a variety of platforms, such as email and print advertisement.
  • Picker
  • A person who works in a warehouse finding items that are shipped to customers.
  • Social Commerce
  • A subset of e-commerce that involves using social media to assist in the online buying and selling of products and services.
  • Why buy this report?

    IBISWorld’s industry research report on E-Commerce & Online Auctions in New York contains five-year forecasts and data analysis that can help you identify and mitigate risks in potential new markets. Position yourself as an expert with internal stakeholders by using our comprehensive industry research to inform your reports, proposals and presentations. Our business information will save you money by helping you make better decisions, faster.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on E-Commerce & Online Auctions in New York:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The E-Commerce & Online Auctions in New York market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on E-Commerce & Online Auctions in New York, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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