Worldwide, the quarterly online shopping conversion rate for luxury products varied from 2021 to 2023. Between the last quarter of 2021 and the third quarter of 2023, the conversion rate for luxury apparel fluctuated between one and 0.9 percent. For luxury handbags, the pattern was similar, with a conversion rate starting at 0.7 percent at the end of 2021. The percentage then fell down to 0.4 by the third quarter of 2022. It then rose to 0.6 percent in the second quarter of 2023.
Online shopping conversion rate of luxury apparel and handbags worldwide from 4th quarter 2021 to 2nd quarter 2023
Characteristic
Luxury apparel
Luxury handbags
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Salesforce Research. (September 29, 2023). Online shopping conversion rate of luxury apparel and handbags worldwide from 4th quarter 2021 to 2nd quarter 2023 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1416171/global-conversion-rate-luxury/
Salesforce Research. "Online shopping conversion rate of luxury apparel and handbags worldwide from 4th quarter 2021 to 2nd quarter 2023." Chart. September 29, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1416171/global-conversion-rate-luxury/
Salesforce Research. (2023). Online shopping conversion rate of luxury apparel and handbags worldwide from 4th quarter 2021 to 2nd quarter 2023. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1416171/global-conversion-rate-luxury/
Salesforce Research. "Online Shopping Conversion Rate of Luxury Apparel and Handbags Worldwide from 4th Quarter 2021 to 2nd Quarter 2023." Statista, Statista Inc., 29 Sep 2023, https://www.statista.com/statistics/1416171/global-conversion-rate-luxury/
Salesforce Research, Online shopping conversion rate of luxury apparel and handbags worldwide from 4th quarter 2021 to 2nd quarter 2023 Statista, https://www.statista.com/statistics/1416171/global-conversion-rate-luxury/ (last visited July 22, 2024)
Online shopping conversion rate of luxury apparel and handbags worldwide from 4th quarter 2021 to 2nd quarter 2023 [Graph], Salesforce Research, September 29, 2023. [Online]. Available: https://www.statista.com/statistics/1416171/global-conversion-rate-luxury/