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

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

Continue Reading →

b2b SME online shopping tops Chinese ecommerce share

Chinese ecommerce markets largest share belongs to b2b  small and medium enterprises marketplace which forms 50% of ecommerce pie. Online shopping forms almost 23%. Meanwhile large enterprise b2b  makes up 23% of ecommerce market in China, followed by online travel with 2.3% and  local services with perform 1.4%

have your post or banner displayed here for $10 a day .Click here to know more

Continue Reading →

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

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.

Continue Reading →

Facebook video postings outperforming photo sharing in terms of engagement

Facebook Campaigns by Video Post: Engagement with video posts are up by 25% this yearQ3

img source: CMO

Marketers are looking to drive more people to their sites as posts with links have increased substantially along with online video links  at Facebook.With Facebook being a source of  more than one third most referral traffic , regular  relevant posting can bring you  targeted and quality traffic 

Video forms quite a substantial form of content  engagement strategy at  Facebook, as the medium provides both dynamism and real time information which users can validate in real time  .Engagement with video posts is up 25% year-over-year and 58% quarter-over-quarter on Facebook 

 In fact text posts have declined quickly in share and engagement. • Posts with video  links are up 77% year-over-year   and 167 every quartner . According to research , Friday is the best day for posting video content on #Facebook.

Continue Reading →

UK users are worlds highest spenders on online retail : 5 products they shop online

Users Britain and Denmark rank among the top 2 nations with highest frequency of online shopping a
75% of UK users shop online and over 52% used online banking in 2014.A whopping 53% UK adults bank online, compared to a mere 30% in 2007.The number of UK users with internet access doubled to 38million in 2014

 What does UK Shop for and  who buys

1. every 6 of 10 British adults use the internet to buy products such as food, clothing, music or holidays, clothes and sports are most online purchases in UK
2.  This is twice the average of the OECD’s 34 member states, which include the US, Germany, Australia and France. 
3. Most bought items in UK apart from clothes  and holidays are consumer electronics ,gaming items  and  household appliances
4. Seniors shopping online has seen a big jump recently with 40% of them buying online in 2014 
5. Usage of laptops and tablets has also seen a growth  uptake, in UK from 32 % adults using one in 2013 to 43% according to the ONS

Continue Reading →

Chart of the day :eCommerce investment destination now look east

Continue Reading →

Sweden. Denmark , Finland and Norway leads in online shopping per 1000 users

 These 5  nations  lead by Sweden, Denmark, Finland and Norway lead in online shopping  per 1000 users across all nations. Out of every 1000 users,sweden has  5106 users, Denmark is home of 3133 online users. While Finland and Norway top up the top 5 with 2677 and 2594 online shoppers per 1000 users

Continue Reading →

Comparison of Online Retail Spending in US : 2012 to 2013

The chart from Comscore shows,US online retail spends  compared from 2012  onwards. In Q42014 Online Retail spending in US reached the highest ever with revenues touching almost $90billion. . Before this the  highest digital spending revenue in US was in Q4, 2013 with spends on $71.4billion

Continue Reading →

Shopping without borders: Australia vs United States

Online Shopping Faceoff : US vs Australia

Continue Reading →

apparels vs gadgets :which category is growing faster online

 Apparels and Accessories  has been growing faster among the two. Historically aparels as product categories  grew by  20%  across the online retail category as compared with 14% growth  in consumer electronics. Data from comscore research shows that Consumer Packaged Goods  lead the product category  which generated a growth of 27% in 2014.

Continue Reading →

united shoppers of china : 5 facts on Chinese e-shopping addiction

It would not be perhaps an exaggeration to say that " The revolution in Chinese online shopping" has been greater than"Mao's own people Revolution.The takeover of Chinese in the online shopping vertical has been so brutal,clinical  and  yet so one sided ..that even if you consider g8 countries as a nation, it would not be able to match the volumes nor revenues from Chinese online shopping .

Consider  these 5 facts on Chinese Online Shopping addiction 

1. 16% of the digital products are sold online, compared to only 1% 5 years ago. Alibaba reported that customers on its retail sites spent $2 billion in the first hour of Singles Day in 2014 ( 11th nov is Singles day in China  (  like  Valentinesday)
   
2.  Within 18 hours of Alibaba raked in $9.3 billion in online sales, four times the amount spent online during Cyber Monday in the U.S. (HuffingtonPost )
   
3.  A recent research by Tmall  reveals that consumer electronics purchase  in China   has more or less gone online .During the last 2 years a) 16%  was purchase  in the store. b) 29%  had/ and will  buy from the retailers’ online shops •c)45% will buy/had bough from other online shops.
   
4. An example to show how the above data was true  was that within 12 hours of singles day last year,Xiaomi had sold 720,000 phones and topped $163 million in sales.
   
5. Chinese ecommerce market is set to reach $420billion  or $4.2trillion by 2020. 65% of chinese ecommerce sales comes from 266 chinese cities( McKinsey Chinese Etail revolution)

Continue Reading →

Nations where" internet shopping" contributes significantly to GDP

Irrespective of the gloom and  doom and at times recessionary tendencies on the economic front The worlds has till a lot to cheer about. 

The internet keeps growing  and so does the economic GDP of a few nations.In the G20 countries, the internet economy will grow at more than 10% annually for the next five years and by 2016 reach $4.2 trillion, or 5.3% of GD,up from $2.3 trillion and 4.1% according to a recent report by the Boston Consulting Group (BCG).

Britain leads the pack in terms of internet contributing hugely to its economic prosperity. According to economist UK's " internet economy" is now bigger than its construction and education sectors, mainly thanks to the popularity of e-commerce and the rapid adoption of mobile as a " key shopping ande commerce device.

South Korea and China ranks 2nd and 3rd, while.Japan and US ranks 5th and 6th  while India currently going through an eCommerce revolution of sorts is ranked 8th 

Continue Reading →

mobile vs ecommerce sales compared across North America and Europe by devices

The above chart  shows  how much is mobile commerce   a percentage of   ecommerce  across US, Canada, UK, Spain, Italy, Poland, France, Germany and Netherlands. The highest mobile to ecommerce sales percentage was found in UK and Germany  . In both these countries total  mobile commerce formed 28.6 and 27.7%  of eCommerce with smartphone  contributing to 16.5 and 16.2% and the rest  was contributed by tablets .In US  mobile to ecom percentage was 26.8 with 14% coming from smartphone  and 12.4% coming from Tablets. . It is expected that in UK  28/6% of  online sales would be generated by mobile devices this year

Continue Reading →

global e-retailers ranked by mobile commerce sales

Amazon, Apple and  Jingdong Mall are among the top 3  online retailers with highest mobile sales in 2014.  Amazon.com generated 16.8 billion U.S. dollars in mobile commerce revenues, representing a 110 percent year-on-year growth.

Continue Reading →

the global online retail attractive index :15 key ecommerce markets

The  above retail Ecommerce Index  shows the most attractive  online retail markets 

The attractiveness of the markets are defined by  1)next generation 2)digital DNA rankings show characteristics  of developed and developing market 3) established and growing

China occupies the top spot, and the G8 countries (Japan, United States, United Kingdom, all fall within the Top 15..All markets are ranked by a preassigned metrix which are 

1) online market size 2)consumer behavior 3)growth potential 4)infrastructure  based on which an average ranking is computed totop 30 nations .

 In the middle of the rankings is a compression of scores, with only five points separating the 15th- and 30th-ranked countries 

Continue Reading →

apparel is no 2 most bought item across online retail

source : Atkearney

GLOBAL ONLINE SHOPPING BASKET

consumers across the world might have different tastests, different styles and preferences . but the onle thing that binds them when they start to shop is their  universal love towards Apparels Apparel is the number one  bought item in online retail across all regions and geographies 

Continue Reading →

browsing to buying conversion ratio in ecommerce : latin america vs asia pacific

 The above chart show  " the ratio of those browsing and those actually buying . The data comes from Nielsen.  Travel, Mobile  and Electronics have the most  high conversion ratio , with the lowerst buying to browsing ratio.

Continue Reading →

eCommerce in india : Rhetoric vs Reality

THE INDIAN ECOMMERCE MARKET : OVERPROMISING  OR REALITY ?

E-commerce in the US is dominated by Amazon, in China by Alibaba, in Japan by Rakuten, while parts of Europe have a standalone local player.But in  India  Ecommerce as it stands today has no clear winners and losers not yet..is. The Indian market is still yet to mature  and yet to evolve as Indian eCommerce companies led by the big  3 Flipkart Amazon and Snapdeal  and backed by  huge  VC funding are burning cash at an astronomical rate of  more than $100million  a month ( Business today 24th May ) Flipkart has the highest cash burn rate but then its sitting on a cashpile of $2.3billion

India is the only country where there are  three to five companies competing for the same market in an ecosystem that is  yet to throw out an winner.While  ASSOCHAM's data suggest India's e-commerce market  stands at $16billion ,Gartner numbers show  that the  India eCommerce market is set to reach $6 billion in 2015. Irrespective of the difference in numbers what is clear it that "the biggest eCommerce battle" will be fought in India. and once the knives are out.. and the battle lines  turns bloodier there will be place for just 2 players who would be the last men standing 

Continue Reading →

these are the 3 things on which american consumers are spending the highest

 CONSUMER SPENDING  DATA 

A majority of Americans, 55%, say they are spending more than they did last year on groceries, the area in which Americans continually report spending more.

Groceries (55% spending more), utilities (45%) and healthcare (43%) are among  the 3 categories in which the largest percentage of survey respondents have increased their spending compared to a year ago, according to Gallup.

Since last June, the top three categories with the highest percentages of consumers saying they are "spending more" (groceries, utilities and healthcare) have stayed in the top five

Meanwhile, the bottom categories in terms of increased spending are retirement investments (17%), consumer electronics (18%) and travel (19%), suggesting, per Gallup, that “Americans continue to spend more on things they need, but not on things they want.”

Continue Reading →

what do people buy online ? ecommerce items by country

Consumer Electronics  ranks as the  number one  most bought category across the world wide  web via online shopping with a global average of 77% .Among all  the countries that  ordered  electronic goods online, US , UK and Germany were the top 3 nations having ordered the highest number of consumer electronic items per user.

The number 2 and no 3 most popular  item purchased online was  Home appliances and Home Furnishings including kitchenware and furniture. China led in buying home appliances online , while  Germany  topped in buying  home furnishings online.Fashion and Apparel were the next most bought online category. China and Germany shops the highest for these goods compared to other nations

( data :ATkearny)

Continue Reading →