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The Bolt Network Effect Report

This report presents detailed statistics on the economic impact merchants have gained on Bolt’s Network, why offering shoppers an effortless, one-click checkout with Bolt Accounts enables retailers of all sizes to convert more shoppers, sell more products, accelerate their growth and be prepared to compete in the ever growing marketplace.

Introduction

The Bolt Network Effect for Ecommerce

2020 was a monumental year for Bolt. On our mission to democratize ecommerce, we’ve built trust with the top ecommerce platforms and a thriving merchant community and we’re revolutionizing the checkout experience for millions of shoppers.

4.5 million Bolt Account shopper network
2.2 million shoppers added just in the past 6 months
50 million more shoppers lined up through the reach of all ABG brands

This exponential acceleration of shoppers on the Bolt Network gives every merchant using Bolt an instant relationship with the shopper, millions of shoppers. From the first moment retailers go live with Bolt, they can offer their shoppers a one-click checkout experience with a 63% higher conversion rate than guest checkout.

Then, in one check of a box, shoppers can create a Bolt Account by saving their information from their very first checkout. Now with their Bolt Account, shoppers get an Amazon-like checkout and personalized experience across every site on the Bolt Network regardless of whether they are a first time or returning customer. No passwords, no forms, no entering payment information—just a secure, lightning-fast single-click checkout.

With a growing number of retailers on the network, we’re creating a one-click checkout for the rest of the internet.

This report presents detailed statistics on the economic impact merchants have gained on Bolt’s Network, why offering shoppers an effortless, one-click checkout with Bolt Accounts enables retailers of all sizes to convert more shoppers, sell more products, accelerate their growth and be prepared to compete in the ever growing marketplace.

Ecommerce growth in 2020 was hyperbolic, 2021 promises to surpass it. Capitalizing on this unprecedented growth will not be easy, but with the right technologies in place, retailers can position themselves for success.

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