E-Commerce Market Trends 2017
E-commerce market is actively developing in industrial base nations such as Canada, US, Germany, UAE, etc. We research with the assistance of some professional group conducted a study to examine the attitude of different region’s consumers to online shopping as an example of clothes shopping, shoes, electronic items & accessories.
Such a segment as an example has been chosen casually: Clothes and footwear items are basically not the easiest one for the online sales category of goods in many countries. Inability to try is one of the major limiting factors of purchase. However, the activity of buyers of clothes and shoes in the US market is continuously growing. There is a big load of many stores such as Amazon, Ebay, Walmart, Costco and many you may find online in Canada markets that increase sales more than 17.4% last 3 years. What contributes to this growth? Is it a trend or rather an exception? Where to look for additional opportunities to expand the online shopping market? Where to find out best offer and Deals? – On these and other questions the study authors tried to find the answer.
Some Top E-Commerce Markets in 2016 by Country
Objectives of the study:
a. Analyze the attitude of online shoppers for online purchases of clothing, footwear, electronic items and Accessories.
b. Identify the relationship between them and the overall growth of e-commerce.
1. CHINA: According to the last year stats there was around $426.26 billion Sales revenue to the industry; as compare to previous stats it is more than 35%! That is quite awesome. Top online retailers involve in eCommece sales is Alibaba also service worldwide.
2. United States: The top reason to stay just behind in China eCommerce market is its population; China is the world most over populated country. However, $305.65 billion sales revenue this year compares to last year the industry grows 15.7%.
3. Canada: Canada has a strong hold for years now, yet in spite of the largest eCommerce serving website for the region is eCommerce website: Amazon, Walmart etc. You may find best deals and offers more easily by the help of price comparison shopping websites like Prixca.com.
4. RUSSIA: Russia’s wardrobe is updated frequently due to climate seasonality, resulting in clothing and shoes take up a hefty portion of the family budget. Sales revenue is around $17.47 billion and market increase over the last previous year is 16.0% expected to more double the revenue in coming years.
Watch Out for Hot Products & Spot Trends
With respect to all this, at home or on the go you can now do a lot more than before if you are Smart! Means you have a Smartphone or Laptop or any Smart device. New Online shopping engines are designed to be used for both desktop and mobile, shopping physically at the mall or shop is not a big deal now and you can also save your money by using Price Comparison shopping engines; Price Comparison in Canada, USA, Russia, China, Brazil, South Korea all over the world.
The most popular shopping categories – T-shirts, tank tops, sweatshirts (55.5%), footwear (36%), dresses (34%), shirts, blouses (33%) – the daily, which means the most exchangeable wear. Clothing and footwear (9.5%) – one of the most frequent purchases in the category “several times during the season,” second only to books, to buy in e-shops (10.4%).
So, where to pick up the best deal for you; for example; you are in seeking of “iPhone 7 32GB Jet Black” in Canada; there are many retailers and stores offering the same product with different price-tag; which one you can trust now? New Shopping engines basically turn out to be working as marketplace; on single page price comparison of any specific products is available. You can find such websites easily by Google with keywords like “Price Comparison” etc.; different shopping engines offer different services and also step further required to go to store and visit website in many price comparison sites to buy.
What contributes to their business Growth?
That is about to happen online shopping bang. Even traditional retailers are expanding the range. Add the ability to take orders from a warehouse and are experimenting with social media tactics as well as paid digital marketing and content marketing.
It is becoming increasingly difficult to distinguish between Internet marketers from online portals real physical stores now. Wal-Mart has provided the opportunity to take online bookings made through the store, and Sears and Amazon are going to go a step further and bring online shopping to everywhere.
E-Commerce Applications for Mobile
Smartphones have become the dominant view among cell phones, and applications for all kinds of platforms are multiplying. Those that make it possible to compare prices to send coupons, also new and extremely popular ways to find deals at home or on the go. But everything is just beginning now.
Facebook and Twitter potential is not yet exhausted. Users can endlessly click the “like” or follow the blog favorite seller, getting discounts and tips. And shopping through social network has just started to develop, for marketing; there is different service providers in each region consulting with specialized in online social media marketing. Moreover, there is evidence that Facebook provides a good return on investment. Similarly there are plenty of vendors that have not yet done anything in this regard.
Products of the day, and other promotions
Promotions and urgent flash sales are gaining popularity and also a good way to grab the attention of the consumers. The speed with which goods are sold (often within a few minutes after sending the notification e-mail), suggests that this trend will be joining more and more countries now.