Product sales increased 15 times, and new business opportunities emerged in the US market!

Since gasoline prices began to soar in March this year , travel costs for American consumers have become increasingly high and the pressure has been increasing.

According to the latest research data from business technology company Square , in order to cope with the rising cost of living caused by inflation, American consumers are starting to buy electric bicycles and electric scooters.

Electric bicycles are gradually becoming the first choice for Americans to travel, which is undoubtedly good news for sellers in related categories .

Square data shows that U.S. sales of electric bikes have increased 15% this year , while sales of electric scooters have increased 4%. Electric bikes have seen the largest growth in California , at more than 60 %.

Square also found that sales of traditional bicycles and scooters increased in some parts of the country as American consumers began to look for more affordable ways to get around .

The areas with the largest growth in scooter sales were Tennessee, Georgia and Michigan , with demand highest in Tennessee, where sales increased 15-fold, Georgia, where sales increased seven-fold, and Michigan, where sales increased five-fold.

The states with the largest increases in bicycle sales were Wisconsin , Alabama and New York.

Wisconsin and Alabama both tripled , and New York increased by 93%.

In addition to purchasing the above products, American consumers also pay great attention to travel safety. Data shows that the sales of helmets increased by 17%.

It is worth noting that the number of electric bicycles purchased online by American consumers has doubled compared to last year . Although offline purchases can test the performance of electric bicycles and electric scooters , American consumers pay great attention to convenience and delivery speed when shopping , so online shopping is still the preferred shopping method for American consumers.

According to the latest research data from Retail Insights , with rising oil prices and inflationary pressure in the United States, consumers' sensitivity to prices and promotions has soared.

Data shows that more than 68% of Americans are more sensitive to prices when shopping . This phenomenon is particularly evident among people aged 25-34, among whom 74 % of young people said they pay more attention to prices.

In such an environment, cross-border sellers can take advantage of their own low costs, control logistics costs, deploy products with strong demand, and strive to seize more opportunities in the US cross-border e-commerce market.

US e-commerce market

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