According to a Forrester Research report, online retail sales in the US are forecast to grow substantially from 2011 to 2016, with 15% more buyers shopping online and spending up to 44% more on average. The number of online buyers is expected to increase from 167 million in 2011 to 196 million in 2016, while average spending per buyer may rise from $1,000 to $1,440. Mobile e-commerce sales are also growing rapidly, projected to increase from $3 billion in 2010 to $31 billion in 2016. Magento, Oscommerce, and Open Cart are three popular content management systems for e-commerce websites, with each having certain distinctive features.
2. to the US Online Retail Forecast, 2011 to 2016 by Forrester Research, 15% more buyers will be shop
spending up to 44% more.
Number of buyers shopping online:
nline Retail Forecast (2011 to 2016)
167M
(2011)
196M
(2016)
Average amount spent by each buyer
Online Retail Forecast (2011 to 2016)
$1
(
3. How Does e-commerce work?
Buyer
(Buyer purchases the product at merchant’s site)
e-commerce
(Online store transmits the formatted order from the
webhost to the payment gateway)
Buyers Information
(Buyer’s information is encrypted while being
transferred over the internet)
Product Page
(Buyer selects product(s) for purchases)
art
g cart)
Payment Gateway
(Buyer now enters credit card details on
secure payment gateway authorization page)
Bank
(Payment gateway transfers the fund
to merchant’s bank account)
Transaction comple
Transaction Approved
(Continue with order processing)
Transa
(Transaction
l e-commerce
re growing at
han 19% a year
Worldwide retail w
will reach nearly $1
by 2013
4. Sales
Shopping Business Vechiles Others
CMS usage
57%
7%
Magento
Business Vechiles Others
63%8%
5%
24%
osCommerce
Shopping Business Health Others
32%
28%
4%
36%
Open Cart
Shopping Business Education O
6. Magento, oscommerce & Open Cart - Stats
se March 31, 2008 March 12, 2000 May 11, 1999
on 1.7.0.2 3.0.2 1.5.5.1
PHP PHP PHP
ites using 1,30,922+ 95,916+ 99,133+
7. A Comparison of Features
rk Zend PHP Pseudo MVC Architecture
Yes Yes No
re Yes No Yes
ing Yes Yes Yes
Comparison Yes Yes Yes
Yes Yes Yes
Reviews Yes Yes Yes
mage Uploader Yes No No
xport Yes No Yes
Yes No Yes
s Yes No Yes
ers Yes Yes Yes
mplates Yes No Yes
No Yes No
rencies Yes Yes Yes
rcode No Yes No
guages Yes Yes Yes
mage zoom-in Yes No No
8. e
n Road,
rd Stage,
070
ot no.E-47,
ctor-12, Kharghar,
10210
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