GITNUX MARKETDATA REPORT 2024
Profitable Fair Sales Statistics
The company's sales data show a consistent pattern of profitability and fairness across various business segments.
In this post, we will explore a diverse range of statistics related to small business profitability, retail sales trends, the impact of Fair Trade practices, and the importance of effective sales strategies. From the challenges faced by new businesses to the soaring growth of eCommerce markets, these statistics shed light on the dynamic landscape of sales and retail industries. Understanding these figures can provide valuable insights for optimizing sales performance and fostering sustainable growth.
Statistic 1
"67% of all small businesses make less than $100,000 per year in profit."
Statistic 2
"82% of new businesses fail because of cash flow problems."
Statistic 3
"In 2019, average sales grew by 1.6% in the retail sector."
Statistic 4
"The global retail industry's profit margin stood at 2.6% in 2019."
Statistic 5
"Fair Trade-certified coffee sales in the U.S. increased by 8% in 2018."
Statistic 6
"In 2019, the eCommerce market's return on sales was 5.3%."
Statistic 7
"The net profit margin for food and beverage stores in 2019 was 2.4%."
Statistic 8
"Vehicle sales account for about 20.8% of all retail sales in the U.S."
Statistic 9
"In 2018, 957 million kilograms of Fair Trade-certified cocoa was sold, up from 310 million kilograms in 2012."
Statistic 10
"97% of businesses recognize the importance of having a sales strategy."
Statistic 11
"Companies that prioritize lead generation are 133% more likely to achieve their revenue goals."
Statistic 12
"Only 27% of leads are ever contacted."
Statistic 13
"Fair Trade chocolate sales had 35% market penetration in the UK in 2018."
Statistic 14
"Companies that excel at lead nurturing generate 50% more sales-ready leads at a 33% lower cost."
Statistic 15
"In 2019, Walmart's net sales worldwide amounted to 523.96 billion U.S. dollars."
Statistic 16
"By 2023, U.S. online retail sales are set to surpass 740 billion U.S. dollars."
Statistic 17
"In 2019, online sales accounted for 16% of all retail sales."