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Showing posts with label ecommerce. Show all posts
Showing posts with label ecommerce. Show all posts

July 15, 2020

walmart pumps in $1.2billion to flipkart to take on Jiomart

Amazon vs Flipkart Market Share ( SP Global Intelligence )

Walmart is pumping in more money into Flipkart . Flipkart is infusion a new $1.2 billion financing round including a majority-stake in Flipkart in the Indian e-commerce giant. The fresh equity round led by Walmart, which acquired majority stake  of  77% in Flipkart for $16 billion two years ago, values Flipkart at $24.9 billion.

Walmart is raising more capital that  would help Flipkart, which was valued at $20.8 billion two years ago, further grow its e-commerce marketplace in India as the world’s second largest internet market begins to recover from Covid-19 crisis. A group of other existing investors also participated in the new financing round, a Flipkart spokesperson told TechCrunch but declined to identify them individually. “We’re grateful for the strong backing of our shareholders as we continue to build our platform and serve the growing needs of Indian consumers during these challenging times,” said Flipkart chief executive Kalyan Krishnamurthy in a statement. 

Flipkart, which competes with Amazon in India, said its monthly active customers figure surged 45% in the financial year that ended in March this year, compared to the year before, and these customers are making 30% more transactions. Flipkart recently surpassed 1.5 billion visits per month. 

According to Market intelligence firm SP Global Flipkart is the largest online retailer in India, with a 31.9% market share in 2018, followed by Amazon at 31.2%, according to Forrester. After adding the market share of its fashion specialty sites Myntra and Jabong, Flipkart controls a 38.3% market share.

The new capital infusion comes at a time when a new powerful player has started to make inroads in the Indian e-commerce market. JioMart, a joint venture between Reliance Retail (India’s largest retail chain) and Jio Platforms (India’s largest telecom operator), launched earlier this year in select sub urban areas of Mumbai and has since expanded to more than 200 cities and towns across the nation

January 4, 2018

flipkart vs amazon : who is burning more cash

flipkart vs amazon : who is burning more cash"

Indian Ecommerce biggest Players and registered users

Cash burning by indian ecommerce start ups have witnessed a new record.During the Holiday season between September and December, the cash burn—the amount companies spend to run their businesses—is reached up to $400 million, according to research firm RedSeer Consulting.

Flipkart, whose cash reserves have gone up to more than $4 billion after SoftBank, Tencent Holdings and eBay put around $2.8 billion into the company in 2017 , thinks now that profitability is not the highest priority right now and its more about creating a marketshare.Flipkart’s CEO Kalyan Krishnamurthy said Amazon India’s cash burn has been three times higher than that the Indian ecommerce giant,and despite the massive spending,Flipkart was ahead of Amazon. Krishnamurthy, who took over the reins as the online retailer’s chief executive a year ago, told TOI in an interview that Flipkart was the most disciplined consumer internet company in the country, having brought down its cash burn by 50% in the last year. 

Generally Festive season sales make for a huge share of the total annual sales in segments like apparel, consumer goods, and home decor. So companies go on massive advertising spends during this time in the name of great indian shopping festivals.

Earlier, Flipkart had halved its monthly spend to USD 20 million from USD 45 million and also succeeded in raising its biggest-ever funding round of $2.5 billion.Flipkart's monthly cash burn right now is about Rs 260 crore ($40 million).Compared to that  Amazon India is losing about Rs 600 crore per month as it eyes market leadership.

So where does the cash go?A bulk of it goes on discounts as Indians are among the most price sensitive when it comes to ecommerce .In India massive discounting have been key to garnering volumes when it comes to online shopping. According to a recent report by Goldman Sachs, 30% of an Indian e-commerce company’s expenses go towards discounts.

Another significant change has been the " changing customer demographics and the emphasis in penetrating the tier 2 cities.In 2017 tier-II becoming a more important share as a part of the total customer base)…E-tailers are more dependent on third-party logistics players for delivery (to tier II areas) which adds to the overall expenses” 

The one area where spending is seen flat or marginally lower this year is advertising. For companies are now increasingly spending on low-cost channels such as digital marketing.Amazon is believed to have spent almost $1billion last year in India after launching its popular subscription service Prime at a discounted rate, which offers faster delivery and a digital entertainment platform. Amazon registered its highest international losses ever at $936 million for the quarter ending September 30 last year, largely due to India spends. 

According to Flipkart CEO “Its competitors are burning 2.5-3 times more money than us. I don’t even know how they get by with this. Despite that, we stand at least 40-50% bigger than the second player in the market,” he said, directly taking on Amazon, which has spent more than $2 billion in India since starting operations here in 2013.

However the question that needs to be asked to Mr Krishnamurthy of Flipkart is why did it take the company till its recent funding to understand the importance of increasing its marketshare rather than focus on profitability “Few months ago, Flipkart was not talking like this. The reason is, they have excessive funds now and it is in direct competition with Amazon. By burning more cash they want to retain more market share, said Satish Meena, forecast analyst at Forrester Research to Entrackr."However he added "Excessive burn will not give kind of scale you are looking for. Because there is time factor for consumers as well. Flipkart should invest more in infra and generate customer loyalties" 

According to a report from Quartz  Flipkart prior to the funding coming in,  had reduced its monthly burn to about $20 million last year, but increased its spends during the festive season discounting in categories like smartphone to shore up sales. “We did a lot of work in 2017 to reduce the burn, which is at a very healthy level. We are not going to do anything drastic to cut down on anything else to optimise on burn,” Krishnamurthy said. But profitability is not something the company is actively looking at this year. 

Meanwhile The world’s largest e-commerce firm Amazon has attacked Bangalore based research firm RedSeer Consulting on its India ecommerce sale rankings which have shown that Flipkart led the last week’s 5-day festive sales with a 58 percent market share in the gross merchandise value of goods sold. 

The RedSeer report further said that Amazon India saw a decline in market share during the annual festive sales worth USD 1.5 billion this month to 26 percent from last year’s share of about 32 percent. “We have noticed poorly informed speculative reports with irrelevant sample sizes whose numbers do not add up to what we are seeing in the industry. We continue to be the fastest growing e-commerce marketplace in India, including key categories such as smartphones, large appliances, fashion and more,” an Amazon India spokesperson commented upon the RedSeer’s market share report 

The Indian e-commerce market, which has 20 million monthly active customers, is expected to grow 2.5 times this year on the back of categories other than smartphones.However indian ecommerce companies needs to come out of this " obsession with marketshare" very soon and show investors  a truly sustaining model that is based on a strong revenue model based on the ability to make money for investors. Flipkart bears daily losses of over Rs 14 crore in the last financial year as it fought to stave off competition from arch-rival Amazon in one of the world’s fastest growing markets for online retail. The company spent aggressively to attract talent and customers thereby increasing losses.

December 28, 2017

holiday season sales witness biggest jump since 2011

"US Holiday season saw a 5% jump ,biggest since 2011"

Holiday Spending across Retail stores in US sees biggest jump in 6 years

Despite thousands of store closings this year, Americans supplied a final flurry of spending to give retailers their best holiday season sales since 2011, figures released Tuesday show. U.S. year-end holiday retail sales rose 4.9% compared to the same period last year, a welcome gift to U.S. retailers amid new signs of consumer confidence. Online retail shopping similarly increased 18.1%, while overall consumer buying during the holiday period set a record for dollars spent, according to the sales report issued by Mastercard SpendingPulse.

The holiday shopping season, a crucial period for retailers that can account for up to 40 percent of annual sales, brought record-breaking online and in-store spending this year of more than $800 billion, according to Mastercard Inc’s analytics arm.According to the report, last-minute shoppers were largely responsible for a 5.9 percent increase in jewelry sales. Some retail categories saw higher increases than others: There was a 7.5 percent increase in sales of electronics and appliances this holiday period, the largest jump in the past decade. Sales in the home furnishings and home improvement categories each jumped 5.1 percent. 

 There were moderate increases for specialty apparel and department stores, despite a lackluster year overall that saw thousands of brick-and-mortar store closings. However, the women’s apparel category was negative over the entire year, according to Mastercard data.The findings were based on aggregate sales activity in the Mastercard payments network, along with survey based-estimates for other forms of payment, including cash and checks, The data exclude auto sales. was no place like home for the holidays for many shoppers, who sent sales of electronics and appliances up 7.5%, the strongest growth of the last 10 year. Sales of home furniture and furnishings separately grew 5.1%.

 A host of traditional retailers and department store chains topped the table of the biggest stock market climbers on Tuesday, helping the S&P 500 retailing industry index gain 0.6 per cent and achieve a fresh record high.In another sign of the overall sector's strength, a public index launched in mid-November to track the performance of traditional U.S. retailers showed a nearly 15.7% increase in market returns as of Friday.The Solactive-ProShares Bricks and Mortar Retail Store Index is composed of U.S.companies that account for 75% or more of retail revenue from in-store sales, including Macy's; Costco; Best Buy; Home Depot; Tiffany; Target; Dollar General; Barnes & Noble; The Gap; Sears; Nordstrom; AutoZone; and JC Penney.

The National Retail Federation said it would not have its own data ready until mid-January — but predicted final holiday retail sales figures would meet or exceed its October forecast of an increase of 3.6 to 4 percent.United Parcel Service Inc, the world’s largest package delivery company, said on Wednesday it was on track to return a record number of packages this holiday, having handled more than 1 million returns to retailers daily in December. That pace is expected to continue into early January, UPS said, and would likely peak at 1.4 million on Jan. 3, which would be a fifth consecutive annual record, up 8 percent from this year.

December 27, 2017

amazon now represents 4% of US retail sales

" the top 10 US companies with highest ecommerce sales"

The Biggest Top 10 Companies ranked by Global ecommerce sales

Amazon just had one of its most spectacular sales history, as it announced that it has sold more than 1 billion items from small businesses and entrepreneurs worldwide during the period from Thanksgiving to Christmas season. In a statement released Tuesday, Amazon said it has sold "tens of millions" of Echo devices worldwide, with Echo Dot and Fire TV Stick with Alexa Voice Remote being the most popular products in Amazon across all categories. It is just the day after Christmas that Amazon is celebrating its "biggest" holiday sales surge "with customers all around the world shopping at record levels." The company's popular product, Amazon Alexa, which is a voice-based assistant software behind Amazon Echo, was the most downloaded app on Christmas Day in both Apple Store and Google Play, two virtual stores for the iOS and Android mobile operating systems. Amazon is said to have delivered 1 million customer packages in a single day across its 10 North American and European fulfillment centers. Over the course of one week, more than 4 million people became Prime members or started a free trail, sending the e-commerce giant's membership count to new highs.Amazon now represents close to 4 percent of all retail sales online and off in the U.S., according to eMarketer. E-commerce sales will increase 15.8 percent to $452.8 billion by the end of 2017, according to the research firm’s estimates.

Meanwhile Amazon’s e-commerce sales are expected to grow 32 percent to $196.8 billion dollars in 2017 in the U.S., or 43.5 percent of total e-commerce sales. These figures represents gross merchandise volume data, which includes sales made by third parties on Amazon’s marketplace.The widening gap over the past year between Amazon and so-called store-based retailers is particularly striking. It's important to note that Amazon still only boasts a 5 percent share of total retail sales, excluding food, across the country, according to data from the U.S. Census Bureau. But this is coupled with big names in the retail space — Wal-Mart, Costco, Home Depot, Target — seen as losing market share as their margins shrink and dollars shift back to Jeff Bezos' company, the analyst added.Amazon, essentially, is "eating the retail world," MKM Partners analyst Rob Sanderson recently wrote a note to clients. His chart shows Amazon, in the categories that the company serves, growing its market share, as brick-and-mortar retail sales are on the decline Amazon held 38 percent market share, or $149 billion in sales, in 2016, and it remains the biggest e-commerce company. It is followed distantly by eBay, Apple and Walmart.

December 25, 2017

countries that orders the highest groceries online

" countries and their grocery shopping addiction via digital channels"

South Korea leads in ordering Groceries Online

Online grocery shopping is expected to grow five-fold over the next decade, with American consumers spending upwards of $100 billion on food-at-home items by 2025, according to a recent report published by CNBC.

 Supermarket giants such as Wal-Mart Stores and Kroger already draw sales from their online efforts and compete with Amazon and other e-commerce challengers, but the report from Food Marketing Institute and Nielsen points out that the online channel is likely to capture significantly more market share in the decade ahead from the bricks-and-mortar stores.

However as of now Customers are buying generic brands more than ever in stores, but they're not buying as many online. For now, at least. Last year, trips to a brick-and-mortar store that included the purchase of a private-label product grew 1.1 percent, according to Nielsen. Online, that number fell 1.7 percent. However, just 12 percent of shoppers bought groceries online at some point last year, according to Cowen and Co.

Around a quarter of American households currently buy some groceries online, up from 19 percent in 2014, and more than 70 percent will engage with online food shopping within 10 years, according to "The Digitally Engaged Food Shopper" report. It also found that of those who will buy digitally, 60 percent expect to spend about a quarter of their food dollars online in 10 years.

Amazon recently pulled the plug on its online food delivery service Fresh in a number of areas across nine states in the United States. The decision was apparently blamed on the failure of the postal service to deliver the perishable goods on time, or in some cases, at all. While the service is also offered in cities abroad such as London, Berlin and Tokyo, as analysis from Kantar Worldpanel shows, the Seattle-based company and others like it have an awful long way to go if they are to make a meaningful dent in the market share still held by traditional bricks and mortar grocery stores. 

Meanwhile a  new survey from Nielsen found that while a quarter of global respondents are using online grocery ordering and 55% are willing to use it down the road, 61% reported that they still find grocery shopping at the store to be an “enjoyable and engaging experience.” Nearly as many—57%—said that retail grocery shopping is a “fun day out for the family.

online Groceries global comparison
data by QZ shows the geographical differences when it comes to ordering  Groceries online. Asia Pacific and Latin Americans are much more prone to ordering groceries online as compared with Europeans and North americans 

As a share of all FMCG revenue in the U.S., e-commerce still accounts for only 1.5 percent. In comparison Meanwhile South Korea  towers above all of the nations when it comes to online grocery shopping with grocery shopping in the region  accounting 19.7 percent. Having seen a 40 percent increase in online grocery spending last year, the country is the world leader, and by a big margin. In joint second place, with a whole 12.2 percentage points less, are the UK and Japan. FMCG e-commerce has long been on offer to consumers in the UK and is very much a mature market, with penetration growth slowing over the last few years. South Korea, on the other hand, is still going from strength to strength.

November 27, 2017

Thanksgiving online sales hits $2.87 billion in 2017,with 18% growth

Data from Adobe shows that Thanksgiving online sales hit a record, whopping $2.87 billion, up 18.3 percent on a year ago and surpassing Adobe’s own prediction of $2.79 billion. This is a huge spike in online sales for the day. As a point of comparison, in 2016, Thanksgiving sales totalled $1.93 billion. Given that these early days of holiday sales are seen as a bellwether for the rest of the season — a crucial part of the year for e-commerce companies — it’s a strong sign of a tipping point in online spending, and also of consumer confidence. 

Adobe determines its figures by tracking 80 percent of online transactions at 100 of the largest retailers on the web in the U.S. Shoppers racked up $1.3 billion in sales in the afternoon (our previous figure was $1.52 million spent online as of 2pm Pacific time on Thanksgiving Day). 

Smartphones were accounting for just under half of all e-commerce traffic, at 46 percent.Shoppers have spent $640 million online Friday as of 10 a.m. ET, up 18.4 percent from last year, according to Adobe Analytics. Adobe tracks 80 percent of online transactions at the top 100 U.S. retailers.On Thanksgiving evening, up until 5 p.m. ET, shoppers spent more than $1.52 billion, up 16.8 percent. Cyber Monday, the Monday after Thanksgiving, is expected by the data tracker to be the largest online shopping day in history, with an expected $6.6 billion in sales. In all, online holiday spending is expected to generate $107 billion in sales, an increase of 14 percent.

Adobe says the average order value on pre-Thanksgiving day is, as of 2pm Pacific, $132, down from $137 earlier in the day. As a point of comparison, IBM’s Bluemix analytics panel has been putting the average order value currently at around $114 today. One reason for the decline in average order value is the laying on of more discounts as the day goes on: these may mean more volume, but overall less spent per item.

December 1, 2016

brexit blues fail to stop uk digital media double digit growth rate of 12%

"post brexit digital media growth rate"

"brexit blues fail to stop uk digital media double digit  growth rate of 12%"
United Kingdom Digital Media Ad revenues by Companies


It seems Brexit will be unable to stop the rapid growth of digital media in the United Kingdom.Strong demand for digital advertising in UK’s advertising market is  a reminder to the fact that for the moment at least—the industry is shrugging off concerns about the impact of a potential Brexit.This year, 2016 digital ad spending in the UK is expected to grow by 12.0%. That compares to 31.1% growth in net digital ad revenues at Facebook, 13.9% growth at Google and 13.2% growth at Twitter.UK  total digital adspend grew 16.4% in 2015 to over £8.6bn with the average home now owning 8.3 internet devices.All 3 biggest internet giants Facebook, Twitter and Google are set to outpace digital advertising growth in the UK in 2016, according to research from eMarketer. 

Reports indicate Google will net £3.80 billion ($5.81 billion) in ad revenues—accounting for almost 40% of all digital ad spending in the UK). With Facebook a clear leader in digital advertising, it remains to be seen whether there will be a knock on effect after it was found to be overstating the average view times on its video content from between 60 to 80 per cent for the last two years. Nonetheless, it is predicted that it will net digital ad revenues of £1.19 billion due to alterations made to its mobile video formats, new ads in mobile newsfeeds and a new suite of Instagram ad formats. 

Twitter on the other hand received a significant downgrade, set to grow by about 14 per cent generating around £153.5bn, down from previously predicted growth of 31 per cent although rumours of a new buyer can breathe new life into the network.The amount of time UK adults spend consuming digital content continues to rise with consumers spending an extra 25 minutes a day on digital devices in 2016 compared to last year, according to eMarketer’s latest forecast. This means that in 2016, UK adults are expected to spend 9 hours and 47 minutes consuming media compared with 9 hours and 26 minutes last year—a 3.7% rise.In 2016, digital media consumption will pass a milestone, accounting for just over half (50.07%) of total media consumption in the UK for the first time.

When it comes to eCommerce UK, US and German consumers spend the highest amount per person online worldwide, according to research compiled by Internet World Germany.British shoppers spend the most - an average of £1,050 each year, followed closely by the US with £1,001. German consumers take the third spot, with online shoppers spending £915 on average per year.

Mobile use, particularly smartphone use, is behind much of this growth. Almost two-thirds (62.3%) of UK consumers will use smartphones in 2016, and this is reflected in eMarketer’s mobile time spent estimates. Overall mobile media consumption will reach 2 hours and 40 minutes this year, up from 2 hours and 18 minutes in 2015

November 15, 2016

online sales now accounting for 7.3% of total retail sale

"online sales now accounting for 7.3% of total retail sale"

A recent Forrester report  show that " Online sales in the United States are expected to reach $523 billion in 20220 ( in the next five years), up 56% from $335 billion in 2015, and mobile devices are expected to be a key driver in that growth"

Meanwhile E-commerce sales in 2015 reached $341.7 billion for the year, a 14.6% increase over 2014's $298.3 billion, according to non-adjusted estimates released this morning by the U.S. Department of Commerce.This is lower that the growth of 15% ( 2014 vs 2013 data).Online sales accounted for 7.3% of total retail sales in 2015 versus 6.4% in 2014, and e-commerce accounted for 60.4% of total retail sales growth.
Further the report also suggests that mobile shopping would be a norm rather an exception by 2020 as number of consumers browsing and buying online will hit 270 million by 2020, driven largely by activity on mobile devices.

This is the sixth time and sixth  year in a row that U.S. e-commerce sales have grown near or above 15%.

November 7, 2016

historical holiday spending category by products:consumer purchase projection in 2016

" historical holiday season purchase over the years"
Food and candy spending is estimated to reach just over a 100 dollars, decorations will hover between $50 and  spending on greeting cards and flowers will  touch between $20 to $27 in 2016.Food, Candy, flowers and greeting cards is expected to  exceed a total of $207 in terms of consumer spends for this years holiday seasons 2016

"consumer holiday shopping purchase projection in 2016"

What Consumer Plan to Buy During Holiday Season Shopping in 2016

Holiday Shopping including  Family Gifts buying this year  is expected to touch  $461 this 2016 holiday shopping season. Approx 71% american consumers plan to buy holiday gifts  for friends and a 33% plan to do so for their coworkers.This year in 2016 consumers in US are expected to spend appprox  in total $590  for buying holiday gifts either offline or online including Thanksgiving and Black friday

February 21, 2016

Britain's top 10 best seller consumer electronics products in Amazon

Amazon's Kindle  Fire Stick, and Kindle Fire ( 7inch display with 8gb) along with Kindle paperwhite  6 inches, high resolution are among the higest selling products at UK Amazon.E

The Kindlle Fire TV stick has been UK's Amazon's best seller since the past 256 days, while The Kindle Fire has been the second most sought after gadget at number 2 for 184 days. Kindle stick overall has been the highest selling consumer electronic items online since the last 8 months on Amazon
The kindle stick allows Tens of thousands of TV episodes and movies, from Amazon Video, Netflix, BBC iPlayer and more, plus games, music and apps. 8 GB of storage and 1 GB of memory, plus a dual-core processor for fast streaming and smooth performance. 
However its not all good news for Tablet manufacturers SA new report published by IDC shows that worldwide tablet shipments have shrunk for the first time since 2010.

February 9, 2016

how much is the physical retail sector growing as compared to online retail

"physical retail store shopping vs online store shopping"

Online Retail might be  the flavour of most shoppers, however  physical retail stores need not panic about their shutting down of stores.While shopping online is clearly growing exponentially, it is important to remember that it is still “only” about $1 trillion, or less than 20% of the global retail market. Read more below

In fact the cross pollination of  online retail  with brick and mortar retail has only made the physical retailers more aware and savvy about  using digital  and mobile strategies  to improve in store shopping,targeting the consumers using gps enabled technology to push mobile alerts and messages across users smartphones.
According to TimeTrade a leading retail consultancy 92% of responding millennials plan to shop in-store in 2015 as often or more than they did in 2014

February 6, 2016

January 28, 2016

wall street selects its top 5 retail stocks

"amazon the number one brand for wall street"

Generally wall street is  not known  to pick their winners.Wall street does not reason  a spectacular quarter, or even an excellent 3 quarters.. The stock markets hates "suprises " and for that reason not many  brands  that might have once upon a time, media's poster boy.failed to  to satisfy wall street

However !It  now seems  that wall street has decided  and finally given it a thumbs up to the online retail industry and specially  Amazon. The company dominated Black Friday sales in the United States and is all but certain to be the number 1 source for last minute presents for many million people around the world. Amazon’s stock price more than doubled this year, bringing the company’s market cap to more than $300 billion. 

In contrast Wall street has given the brick and mortar retailers  like  Best Buy and Walmart  a pass,  and almost all of them has seen their stocks massacred and  crumble in 2015 as they struggle to break Amazon’s dominance in the online world.

January 23, 2016

ecommerce, consumer internet ,mobile apps emerging as fastest start ups growth story in India

"top 10 sectors in india seeing highest investment funding"

Data from NASSCOM predicts by 2020, India will be home to 11500 startup which would employ 2,50,000 jobs. Currently, India’s has 3,100 startup 

"indian cities with highest start ups"

"biggest top 5 VC investments in indian start ups"


Bangalore accounted for more than 55% of total start up business in India.India's capital and financial centreDelhi and Mumbai were no 2 and 3 . But Bangalore was ahead by miles , when it came to start up ecosystem and VC interest and ease of doing business in the city along withe other  intangibles of emerging start up business

Bangalore attracted $2.43 billion (Rs15,189 crore) worth of funding in 2014, of which as much as $1.7 billion was invested in e-commerce. Meanwhile Consumer Internet,mobile apps and ecommerce have emerged as fastest growing  start up sectors going by VC interest and  the number of deals that has been gone through 

The 3rd chart shows the list of prominent venture capital investors who have invested across Indian start ups.Among them are Helion ventures ,Sequoia Capital, Blume ventures,Kalaari Capital , Accel Partners, Matrix Partners,Tiger Global, IDG ventures, and Softbank who have invested in   Indian  start ups  across  diverse sectors such as eCommerce, Online services, Mobility, Enterprise Software and Outsourcing.

January 7, 2016

digital payments market size and transaction value

EMIRATES, DELTA AND  UNITED  are among the worlds most valuable Airlines brand with a combined brand value of over$17.5 billion .The number one airlines brand with a highest brand value is EMIRATES.Emirates  continues to lead the sector with a 21% rise in brand value to US$6.6 billion. Formula 1, the French Open and most importantly football teams from PSG to Real Madrid and Arsenal to AC Milan all display the Emirates logo.

"digital payments market size and transaction value "
Total Transaction Value in the "Digital Payment" segment amounts to USD 572,867.4 in 2016.The digital payments  market's largest segment is the segment "Online B2C Commerce" followed by Mobile Wallet and Online P2p transfers. with a total transaction value of mUSD 526,452.3 in 2016.

By 2020 Total Transaction Value is expected to  grow by  15% CAGR( 2016-2020) which will resulting in the total amount of mUSD 996,344.6 in 2020.

January 4, 2016

retail sales comparison : auto parts vs furniture vs electronics

"electronics vs auto parts retail sales chart"

How America Shops:  electronics vs auto parts vs furniture:  


The above data comes from  U.S. Retail and Food Service Sales Track estimated U.S. consumer spending by type of store, based on data from the monthly and annual Retail Electronic and appliances retail sales grew the highest,followed by auto parts and  furniture sales 

December 31, 2015

retail growth in US increase 8% as compared to ecommerce growth of 20%

"retail growth vs online sales growth in US"
data from MasterCard SpendingPulse™, which looks at U.S. retail sales trends across cards, cash and checks, retail sales excluding auto and gas grew 7.9% during the traditional Black Friday to Christmas Eve shopping season. The biggest winners this season were eCommerce and furniture, with double-digit growth, while electronics and men’s apparel lagged well behind.Commerce grew roughly 20% compared to last year. This is not a total surprise, as 70% of U.S. consumers report doing more research online than before, according to our recent Omnishopper Guide


December 27, 2015

e-retail sales have grown by 400% since last decade

Ecommerce has grown by leaps and bounds during the last decade from, 50 billion USD to 270 billion USD in 213. Leading this  online revolution is the online retail store Amazon with74 billion USD  revenues in 2013, compared with UPS 55billion USD

"e-retail sales have grown by 400% since last decade"

December 26, 2015

top 10 markets mobile sales vs online sales

EMIRATES, DELTA AND  UNITED  are among the worlds most valuable Airlines brand with a combined brand value of over$17.5 billion .The number one airlines brand with a highest brand value is EMIRATES.Emirates  continues to lead the sector with a 21% rise in brand value to US$6.6 billion. Formula 1, the French Open and most importantly football teams from PSG to Real Madrid and Arsenal to AC Milan all display the Emirates logo.

UK tops mobile market with 28% share of mobile commerce

UK,Germany and US among the biggest mobile shopping markets.

UK tops as the biggest markets in terms of  mobile spends with 28%  share out of total ecommerce sales revenues .Germany and  US  for the  no 2 and no 3 biggest mobile markets respectively with  27% and 26% of ttal ecommrce sales coming from mobile ( tablet and smrtphones)