Global eCommerce boom will come in large part from China [#ChartoftheDay]

China to drive growth of global eCommerce sales

eCommerce has been a booming sector for several years now. The good news is that isn't about to stop. Global retail sales are expected to  almost double between now and 2019.

However if we look at the data for established markets like the US, we see a less exciting picture. eCommerce will still grow, but the growth has pretty much plateaued. The big growth is in emerging markets, and China with over 1 billion people is the biggest emerging market of them all. Chinese eCommerce sales are already enormous yet are predicted to more than double between now and 2016. This will present enormous opportunities to international eCommerce businesses. That said, China is a tough market to crack so don't rush off too fast to established a Beijing office. Dip your toe in before taking the plunge.

Global retail sales growth



from Smart Insights http://ift.tt/29ZSd1J
via IFTTT
Share on Google Plus

About Jasonwyattpro

I make it my business to be aware of the latest developments in my field as a Pro Internet Marketer / Blogger / Social Media Expert, and Consultant. I'm looking to help people reach financial freedom, enjoy life to the fullest, spend time with the people that matter most to you and still make much money while doing it. Help a regular person to become leaders and improve themselves

0 comments:

Post a Comment