Trending this month



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

December 14, 2015

country comparison : eCommerce revenues compared as a percentage of overall retail sales

The below chart shows " worldwide and global online retail sales revenues  as a percentage of total retail sales across geographies and countries . Globally online retail sales  across the world is expected to grow by 15% CAGR ( from 2014-2019 ) time period. In terms of  total retail revenues, Worldwide  online retail will constitute 9% of overall retail revenues  in 2019 as compared to 5.8% in 2014  

country  comparison : eCommerce revenues compared as a percentage of overall retail sales
HOW MUCH DOES ONLINE RETAILS SALES CONTRIBUTE AS A PERCENTAGE OF TOTAL RETAIL SALES BY COUNTRY AND REGION

  • Online retail sales in US  is likely to constitute 12% of the overall retail sales by 2019.
  • Online retail sales in North America  is predicted  to account  for 11% of overall retail sales.
  • Asian online retail sales will constitute 10% of total retail revenues ,by 2019
  • In Western Europe online retail sales is expected to contribute 10%of total retail sales, while Eastern Europe it will be 5.6%
  • Russia  online retail is foretasted to form 5.2%of overall retail sales
  • While eCommerce in Latin American nations is predicted to account  for a mere 3,2% of total retail sales 
  • In Australasia online retail is expected to contribute 8.4% of overal retail sales revenues by 2019
  • Mid east and African nations eCommerce sales as a percentage of total retail sales will account or the lowest ever with 1.6% 



December 5, 2015

mobile users are spending more than 55 minutes on retail websites

" mobile users are spending  more than 55 minutes on retail websites"
PERCENTAGE OF TIME IN MINUTES MOBILE USERS SPENT ON RETAIL WEBSITES 

the overding   theme last year and in 2015  has been the " emergence of mobile shopping" across retail websites. On an average a consumer spent  more than one hour ( 60 minutes browsing retail websites to search for deals and discounts . In 2013 the average time spend on mobile retail websites was 50 minutes






December 4, 2015

global ecommerce to exceed $400billion by 2017, web to account 9.5% retail sales

eMarketer projects e-commerce sales will eclipse $3.5 trillion within the next five years. The web will account for 7.3% of global retail sales this year, growing to 12.4% by 2019, eMarketer says. The fast-growing Asia-Pacific market is expected to fuel a 25% year-over-year increase in global e-commerce in 2015. 


global ecommerce to exceed $400billion  by 2017, web to account 9.5%  retail sales "
 E-commerce sales are expected to grow to more than $400 billion in the next several years, with Forrester Research estimating $414.0 sales in 2018 and eMarketer estimating $491.5 in 2018.


November 30, 2015

mobile users formed 57% black friday eCommerce visitors


Mobile Shopping this holiday season has replaced desktop/ PC shopping . During 2015  Black Friday mobile consumers made up  'more than 57% of visits to e-commerce sites . That's up from 50% last year, and less than 6% a mere six years ago. Similarly, more than 36% of online e-commerce sales closed on mobile devices, up from less than 4% in 2010.

121 million to shop online this year on cyber monday,4% fewer than last year

A study which was released today by the NRF (National Retail Federation )and Prosper Insights & Analytics,  shows that   121.3 million consumers will shop online tomorrow, on Cyber Monday 2015.This number is  down 4.4% from 126.9 million last year. That 121.3 million number represents 49.5% of all consumers




" cybermonday  online shopping  trends"
The 2015's Holiday season started off  briskly  with Black Friday seeing   $2.72 billion in e-commerce sales, up 14% from 2014. Meanwhile online shopping on Thanksgiving Day 2015 too  saw a higher jump in online spending, with $1.73 billion in sales, up 25% from the  2014 .Black Friday and Thanksgiving online sales saw consumers spending   $4.47 billion


However in store sales—excluding e-commerce—fell about 10% on Thursday and Friday to $12.1 billion, according to ShopperTrak, which monitors traffic to stores and malls.

November 29, 2015

how much did consumers spend on the biggest online shopping day in history

" biggest holiday spends in history"
"black friday record sales in 2015"
Since the term “Cyber Monday” was officially coined back in 2005, the Monday after Thanksgiving has swiftly become the most important day of the year for online retailers in the US. While 2013 saw  whopping $1.7 billion, making it the biggest online spending day in history.  2014  was ever better with 2.03 billion. According to recent estimates from adobe.. 2015 saw online shoppers spend $2.72billion, which is the  biggest amount consumers have spent since 2005 onwards

To know about the black friday 2015 shopping data ,check out " 32% mobile shoppers accounted for $1.5billion  ecommerce spends


November 28, 2015

Black friday best deals :hits and misses



heres a look into some of the epic black  2015 friday fights " where survival of the fittest ensures whatever you paid for comes back into your home 


Now that Black friday sales have been " done with" here is a look back on what sold the most and what hardly sold.. What were the hits and what product bombed

Adobe’s report also reveals the top five selling electronic items on Black Friday which were
  1. Samsung 4K TVs, 
  2. Apple’s iPad Air 2, 
  3.  Microsoft Xbox One, 
  4. Apple iPad Mini and S
  5. Sony’s PS4.

 Others findings for Black Friday sales include consumer electronics that  have alread gone out of stock or  will be out of bounds until you hurry. These are

  1. Amazon Fire 7” 8GB tab, 
  2. Beats Solo on-Ear Headphones (Red),
  3.  NBA 2K16 Game for Sony PS4, 
  4. Pie Face Game, and The Force Awakens 6” figure.

On Thanksgiving Day,   which saw consumers spend a whopping $1.73 billion, ( 25% increase based n 2014 figures

  1.  smartphone sales  reached all time high generating over $639 million in sales. 
  2. The top selling products for the day included Samsung 4K TVs Microsoft Xbox One, Lego Dimensions, Barbie Dream House and Lego Creative Box.
  3.  Even Sony which has sold 30.2million units of its latest gen console, announced price cuts for its PS4 console across the globe ahead of the US  holiday season 

how smartphones is being used as a online shopping comparison tool this holidays

smartphones usage and how they will aid americans this year holidays"

How Smartphones will play a huge role in " Holiday shopping this year .

A record 78% consumers would be using the smartphones for  checking out  their best holiday deals

Online Store Locations are among the most popular smartphone activity during this years holiday shopping with 60% consumers saying they would use their mobile to check out instore locations.

Online Price comparison  and reviews were the next most important smartphone usages, with 55% saying they would be using their smartphone to read reviews and comparison prices online

45% consumers would be using online coupons to redeem the offer, 43% users would be checking the product via the mobile phones, with 41% ready yo make a purchase via their smartphones.27% would be using it to scan barcode information

November 25, 2015

state of apparel industry in china : infographic



"chinese apparel industry : trends and stats"
many of the global brands that are in China have a small footprint. For instance, Zara has roughly 70 stores in China, Benetton has about 25, and Gap has 5, compared with more than 1,000 stores each in their home markets in Europe or North America. And many globally or regionally popular brands, such as Topshop, J. Crew, and Ann Taylor, have yet to open a store in the country. By contrast, consider the brands that have achieved early success in China. Many may be a surprise. Nike and adidas each has approximately 6,000 stores in China, and clothing company Bestseller has more than 4,000. Chinese sports brands Li Ning and Anta each has roughly 7,000 stores, while local casual clothing brands Metersbonwe and Semir have more than 3,000 stores each. Almost all of these are single-brand stores.
"the chinese  fashion  industry trends"

chinese online shoppers spend 176% more per consumer


Chinese Run a way Ecommerce Growth charted and illustrated ( visual data: Bain )
content here
making of " china's success story in ecommerce"


CHINA’S ONLINE SHOPPERS SPEND 176 PERCENT MORE PER PURCHASE

As a growing number of retailers across the world make it easier for Chinese consumers to buy items from abroad online, a new Nielsen survey finds that China’s online shoppers are willing to spend significantly more on their cross-border purchases than they are on domestic goods.Based on Nielsen’s study, about one third cross-border online shoppers make 3-5 purchases in the past year or 76% of their domestic online shopping. However, the spending per order of cross-border online shopping is much higher, about 176% of the domestic one

alibaba set to buy hong kongs biggest english newspaper " South China Post"



" Alibaba set to take over South China Post newspaper"

The company which raked up the biggest every online shopping revenues in a single day, Billionaire Jack Ma of alibaba.com is  set to buy a  stake in the South China Morning Post, Hong Kong biggest English language newspaper.

The South China Morning Post( SCMP)  was once the world’s most profitable daily newspaper, had seen its share of bad times, with the stock being suspended since 2013 after its earnings fell by over 25%  and was owned by  media tycoon Rupert Murdoch   who in turn sold it to the "Kerry Group", which is owned by Robert Kuok.

Jack Ma, is considered to be close to the chinese political mandarins,and  has made no secret of his pro-China political views, while running a vast  online business empire with extensive investments on the mainland. The Kerry group has been looking for a buyer and Alibaba's founders close ties to the government would certainly fit the bill, although it’s unlikely to be viewed favorably by readers already sensitive to what they see as increasing signs of the “mainlandization” of Hong Kong. But as the above chart shows.. Who really cares about a loss making newspaper when digital news is witnessing unprecedented traffic 



November 21, 2015

US ecommerce sales to exceed $90billion by 2016



"US online retail grows over 100% in last 5 years"
US Online  Retail  sales is headed to reach $90billion by 2016. Th last 5 years ecommerce sales in US has grown by over 100%


November 8, 2015

Target to close 13 stores in US, just after closing down all 133 stores in canada




Target is ranked No. 16 in the Internet Retailer top 500 Ranking 


The second-largest discount retailer in the United States Target  is set to close down 13 of its stores across the US  due to the locations' poor performance. Eligible employees will be given the  option to move out or be transferred  to another location according to a company spokesperson .

Target had earlier laid off about 2,000 professional employees in a series of workforce reductions. Last January, the company also closed all 133 of its stores in Canada after failing to make enough revenue there.Currently Target as 1,799 U.S. stores.This is in contrast to one of its competitor Amazon which has announced that it will hire an additional 100,000 workers for the holiday season.Meanwhile the upcoming holiday season Target has started to offer customers free shipping during this years( see after the jump or click  below)



Target's Average U.S. Revenue per Square Foot has increased steadily from $280 in 2009 to $303 in 2014.

In time for the Holiday season Target Corp. is offering free shipping and returns on all online orders from Nov. 1 through Christmas Day.  This is the second straight holiday season that Target has offered free shipping on all online orders, though last year the promotion was offered only through Dec. 20. This is also the second time in recent months that Target has offered free shipping on all online orders to entice shoppers.

November 3, 2015

Regional distribution of web usage in United Kingdom;

"UK internet demographics by geographic region"

UK Internet usage and Penetration by Region

In terms of web usage  across United Kingdom , The west Midlands, east Midlands, East of England,London, Scotland ,South East were regions across UK which had the higher internet and web usage






"regional distribution of internet usage across United Kingdom"
:Source: Office for National Statistics

Regional Distribution  of internet usage in UK

  1. The South East had the highest proportion of recent internet users (90%) and Northern Ireland was the area with the lowest proportion (80%) 
  2. In quarter 1 (Jan to Mar) 2015, 86% of adults (44.7 million) in the UK had used the internet in the last 3 months (recent users)
  3.  Across UK it is estimated that  of 85% The South East had the highest proportion of recent internet users (90%) and Northern Ireland was the area with the lowest proportion (80%).

October 28, 2015

top 20 global billion dollar ecommerce start ups by valuation

These are the top 20 global ecommerce start ups

Billion dollar ecommerce start ups h
"VC invested billion dollar ecommerce start ups"

" biggest ecommerce start ups by valuation"

source : WSJ

list of ecommerce start ups with valution above  1billion USD

The billion dollar ecommerce start ups is led by Indian Start up Flipkart which is valued at 15billion USD.The chinese group company Meituan  ranks second with a valuation of 7billion USD which is a group-buying website specializing in localized consumer services. Snapdeal another indian ecommerce start up  ranks third with a valuation of 5billion USD

Luxemberg based Global Fashion online ranks 4th, valued at $3.4billion. Chinese based online  apparel brand VANCL ranks 5th and is valued at $3billion.

Fanatics, based out of jacksonville, Florida is an online retailer of officially licensed sports merchandise ( which was acquired by Kynetic ranks 6th and is valued at $3billion

October 7, 2015

the best 3 case studies in retail industry


August 6, 2015

How PayPal has revolutionized online shopping



" power of paypal and online shopping"
 

There can never have been any doubt that the introduction of online shopping was going to completely revolutionise the retail and sale industry. However, no one could have quite predicted the extent to which the industry was going to boom. So, what is the reason behind online sales becoming so popular? In addition to the relative ease of online shopping, many people are now beginning to think that the rise may be down to the invention of PayPal. Why would PayPal be responsible for the boost in online shopping? Well, for a start, there is the obvious answer – safety. Whilst online shopping offers some great avenues in terms of convenience, it is certainly less safe than buying things in a store. 

With PayPal, you have the extra security to make sure you your details, and your cash, is protected. That means that people who use PayPal are able to take advantage of the convenience of online shopping whilst also enjoying the security of an eWallet. 

Meanwhile, PayPal is more convenient than other online payment methods, such as pre-paid top up cards, because you can transfer funds instantaneously from your account. Therefore, with PayPal, consumers get to enjoy the very best of both worlds, which means that more consumers are likely to use online shopping and gambling, therefore boosting overall sales.
Of course, there are a couple of problems with PayPal, the main one being that they often charge you a transaction fee when you are moving your funds around. You do not need to worry about this when using a credit card, usually, although many would argue that the price of safety is worth it.

As more consumers switch to PayPal – and PayPal is undoubtedly the biggest ecommerce service available to use online – more and more retailers and sellers are in turn incorporating PayPal on to their site. Given that even just having a PayPal symbol on your homepage can increase your conversion rate, it’s certainly a very smart move for retailers to incorporate and advertise the service on their site.
And so, as you can see, the rise of shopping online goes hand in hand with the rise of PayPal, and in  turn as more sites offer PayPal, the service’s popularity increases, which in turn encourages even more sites to offer the service. The sites get the increased revenue and the consumers get the increased payment options – so ultimately everyone wins, and we end up with an overall increase in online shopping. There are many different sites available online which offer PayPal, including most online shopping sites, and also many online gambling sites such as www.paypal-casinos.co.
If you want to be able to use PayPal yourself for online shopping, then making an account is very easy. All you will have to do is sign up with your name and email address. Why not make an account today and you can start using your account to pay for things online.

July 30, 2015

Germany, UK and France top EU internet spends per user

The chart shows the list of European nations who tops internet shopping per users. To see the chart and the list of nations.click here or see below the jump




european online spends per person : top 3 nations"


How European nations ranks among the highest online spends per user

The UK leads in Internet shopping across europe   with a average   1071 sterling per shopper in 2014, which increased almost 10% in 2015  to record 1174 pounds
Online retail sales are predicted to reach £52.25bn in the UK this year,  which equals to 15% of retail sales online .
Germany ranks no 2 with with  an average german user spending 1023 sterling online as compared to 890 sterling in 2014 , showing a solid growth of  14% in 2015
France takes the next place with online shopping spends per person at 767  sterling, followed by Spain, Italy and Netherlands











July 24, 2015

spending on back to school down by 6% , lowest since 2011



" back to school spending crashes by 6%"

Families with children in grades K-12 will spend an average of $630 this back-to-school (BTS) and the top 3 items on which  Families will spend the most would be 
1) apparel and clothes 
2)school and stationery  supplies 
3)electronics and gadgets
spending on back to school is down by about 6% from last year and the lowest average since 2011, according to the NRF 
Total BTS spending is expected to be slightly less than $25 billion, representing a decline of roughly 6% from last year’s estimated $26.5 billion.

July 22, 2015

These are top 10 most attractive sectors where UK investors are funding the most



"These are top 10 most attractive sectors  where UK  investors are funding the most"


The data shows  the list of most attractive business domains  in UK where investors and VC funds houses are looking to  invest on and the categories where  UK investors are pumping in more money and funding

According to angel list London’s investors have evinced interest on an average of 13 market tags each and are most interested in the large general markets
However in terms of VC funding these are the most attractive sectors

  1. Mobile (404), 
  2. Consumer Internet (367), 
  3. Enterprise Software (266) 
  4. E-Commerce (215). The most popular markets for London’s investors: your post or banner displayed here for $10 a day .Click here to know more