Remove 2024 Remove Abandon rate Remove Chatbots Remove Customer Support
article thumbnail

E-commerce Statistics You Should Know in 2021

JivoChat

e-commerce food sales were expected to total around $24 billion in 2020 and rise to over $38 billion in 2023, giving the industry a compound annual growth rate (CAGR) of 17.3%. by the end of 2024. 33% of global customers say chatbot interactions are “very effective” in dealing with customer service issues.

Banking 52
article thumbnail

7 Ways to Automate Customer Service (Without Sacrificing Quality)

JivoChat

Automating customer service isn’t a fad. While some fears of chatbots stealing jobs persist, the reality is that customers now prefer the convenience of support automation, and businesses are profiting in many ways. Chatbots will drive $142 billion in consumer spending by 2024 — a meteoric surge from $2.8