“Our latest research report entitled E-Commerce Market (by shopping category (electronics, TV & appliances, home & furniture, fashion, gaming & books and beauty & health supplies), business model (B to B and B to C), payment type (net banking, credit card, debit card, wallet and cod)) provides complete and deep insights into the market dynamics and growth of E-Commerce. Latest information on market risks, industry chain structure E-Commerce cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential E-Commerce growth factors.
The forecast E-Commerce Market information is based on the present market situation, growth opportunities, development factors, and opinion of the industry experts. An in-depth analysis of the company profiles, E-Commerce on global and regional level and applications is conducted. The analysis of downstream buyers, sales channel, raw materials, and industry verticals is offered in this report.”
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Walmart Acquired Flipkart, World’s Largest Ecommerce Deal
May 2018, US retail giant Walmart Inc. picked up a 77% stake in India’s largest online retailer Flipkart. It is the country’s largest acquisition and the world’s biggest purchase of an ecommerce company. The Flipkart brand will remain distinct from that of Walmart, the companies said in a press release.
US-Based Ecommerce Player Etsy has Launched Handcrafted Goods in India
July 2018, New York-based online marketplace for handcrafted goods Etsy has launched in India. The India team, based in Delhi, aimed to help local entrepreneurs sell their unique and handcrafted goods with across the world.
Increasing the usage of internet drives the growth of E-commerce Market
Factors driving the growth of e-commerce market includes decreasing cost of communication, infrastructure, and other related cost, and also, the use of e-commerce that helps in speeding up in the transactions by removing many unwanted intermediaries. Furthermore, customer interaction, customer interaction and marketing forces boost the e-commerce market. In addition to this, women preferring online shopping and augmented impact of social networking on the society is fueling the growth of this market. Increasing internet penetration, better economic performance, rise in digital literacy, and increase in awareness about the benefits of online trading are some of the factors that are increasing the market growth.
Shopping websites permits the consumers to create multiple payment options with the help of debit and credit cards, net banking, electronic wallets, cash on delivery and crypto currency that provides convenience to users for the payment of the products. It also helps in tracking the consumer’s loyalty, as several e-commerce companies are introducing various incentives such as free shipping to customers, free exchange and return policies to grow their brand proposal and this results in the growth of e-commerce market. One of the latest trend observed in the e-commerce market is social media advertising. This not only allows advertisers to use display banner but also sponsor the content to attract the consumers. However on the flip side, mechanical failures and delay in supply chain can cause unpredictable effects on the total processes and this factors hamper the growth of e-commerce market.
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North America is the largest region in E-commerce market
North America is the largest region in E-commerce market followed by Asia Pacific. In North America the growth of this market is due to high-speed internet facilities joint couled with the well-established supply chain for goods delivery, protected internet transactions and growing consumer awareness regarding the e-commerce market. Factors such as growing mobile internet usage, increasing internet penetration, increase in awareness about the benefits of online trading and trend to adopt Western culture is driving the growth of this market in Asia Pacific region.