The new report from yStats.com, an international secondary market research firm headquartered in Germany, reveals innovations in digital payments in the USA and Canada. The publication, titled “North America Online Payment Methods: Full Year 2016” brings together multiple market statistics, surveys and forecasts released last year. Among the key findings of the report is the dominance of card payments for online and mobile purchases in both countries covered. Read more here: https://www.ystats.com/ystats-coms-new-report-as-north-american-b2c-e-commerce-continues-to-advance-retailers-turn-to-innovation-for-generating-future-growth/ Find the report here: https://www.ystats.com/market-reports/north-america-b2c-e-commerce-2017/

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PRESS RELEASE
Hamburg, December 12th, 2017
North American retailers innovate to survive and grow in Amazon era,
says new yStats.com report
Germany-based secondary market research firm yStats.com’s latest report “Top 5 Country B2C E-Commerce Sales Forecasts:
2017 to 2021” examines the current projections regarding online retail growth in five leading markets: China, USA, UK, Japan and
Germany.
The North America region will continue to trail Asia in B2C E-Commerce sales and the online share of total retail sales, as sources
cited in the yStats.com report project growth in Asia to outpace the double-digit growth in North America. Retailers in the region count on
market trends and innovations such as shopping via virtual assistants and chatbots, click and collect, and mobile shopping to drive
continued growth of B2C E-Commerce in this mature market.
Online sales growth surpasses growth rates for total retail sales in both major economies in the region with Amazon.com capturing
nearly a third of online sales in the USA, forcing traditional retailers to look to E-Commerce for future growth. Walmart, for example, has
recently invested heavily in online marketplace offerings and improvement of delivery options. Online marketplace eBay has introduced an
innovation allowing shoppers to upload a photo from a smartphone to shop for similar items. However, sources cited in the yStats.com report
suggest that innovations such as voice enabled shopping via Alexa and the growth of Prime Membership will permit Amazon to expand its
lead in B2C E-Commerce.
Canadian online retail sales are also dominated by Amazon, with cross-border shopping from the USA as well as through Amazon.ca
characterizing E-Commerce in Canada. The yStats.com report cites research reflecting that about half of shoppers in Canada visit an Amazon
web page at least once a month, and likewise, more than half of Canadian shoppers make purchases cross-border. However, traditional
retailers in Canada are also increasing their online offerings, encouraging behaviors such as seeing a product in-store before online purchase, or
research online before purchase in-store.
For further information, see: https://www.ystats.com/wp-content/uploads/2017/12/2017.12.13__Product-Brochure-Order-Form_North-America-B2C-E-Commerce-
Market-2017.pdf
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About yStats.com
Founded in 2005 and headquartered in Hamburg, Germany, yStats.com is one of the world's leading secondary market research companies. We are committed to
providing the most up-to-date and objective data on Global B2C E-Commerce and Online Payment markets to sector-leading companies worldwide.
Our multilingual staff researches, gathers, filters and translates information from thousands of reputable sources to synthesize accurate and timely reports in our
areas of expertise, covering more than 100 countries and all global regions. Our market reports focus predominantly on online retail and payments, but also cover
a broad range of related topics including M-Commerce, Cross-Border E-Commerce, E-Commerce Delivery, Online Gaming and many others. In addition to our wide
selection of market reports, we also provide custom market research services.
We are proud to cooperate with companies like Bloomberg and Thomson Reuters. Given our numerous citations in leading media sources and journals worldwide,
including Forbes and the Wall Street Journal, we are considered one of the most highly-reputed international secondary market research companies with an
expertise in the areas of B2C E-Commerce and Online Payment.