Why You Should Be Online
Below are just a couple of facts regarding the big data of social media and tech. Also, the state of e-commerce and online shopping gives perspective to why your company needs to be online!
Average time spent on a phone in the US?
About 3 hours 15 minutes
Amount of daily phone time spent on social media apps?
Over 50% of all phone time is spent on social media applications.
Is TikTok here to stay?
Yes, TikTok has over 1 Billion users on the platform and is being adopted by more and more companies and personalities.
How many people use social media around the world?
About 4.7 Billion people around the world use social media.
How much of my personal data is collected on social media platforms?
On average 50,000 data points are collected on each users profile.
Can I sell on Amazon?
The short answer is yes. Anyone with a physical product should have their products listed on the largest online database / sales system.
How can I sell on Amazon?
There are a couple ways you can do so. One is FBA or Fulfilled By Amazon, which means you send your products to an amazon warehouse and they take care of picking, packing and shipping. FBM or Fulfilled By Merchant is when you list your products on Amazon and you fulfill the products your self.
Is Amazon FBA or FBM better?
In the long run Amazon FBA is better because you have less leg work to do, and your product will get to your customer faster. Amazon will also prioritize products that are FBA.
How big is Amazon?
The Amazon app is the second most used app in the U.S. and has more than 98 million active users every day.
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