Shanghai cross-border e-commerce is expected to reach 4 trillion

Wednesday, 11th June 2014

"As the proportion of e-commerce accounted for in consumption is growing, the demand for cross-border electricity providers increasingly large. With the Shanghai pilot platform line of cross-border electricity supplier, electricity suppliers will solve the problem of export tax rebates, reduce costs and bring substantial positive foreign trade enterprises, but also the underlying stocks of the catalyst."

"Shanghai cross-border trade aspects of e-commerce services to select three pilot content: to promote and improve the online direct purchase of imported models, online shopping bonded imported models and general export model. Direct purchase of imported models and online shopping bonded imported model was on trial operation last November. Up to now, a total of 24 home appliance supplier, six cross-border logistics enterprises in the customs completed record. Related industries, including third-party payment, logistics, electronic business platform, which third-party payment, and airport logistics and other areas of the company is expected to lead to benefit. Related investment targets include business treasure, Commodity City, Sinotrans Development, Focus Technology, CTS logistics, Yangtze investment."

"Data shows that in 2011 the cross-border e-commerce transactions amounted to 1.6 trillion yuan, an increase of 33%; 2012 cross-border transaction volume 2 trillion yuan, an increase of over 25%. Prospects Industry Research Institute analysis, with the start of cross-border e-commerce platform for the pilot, our focus on cross-border e-commerce industry will show explosive growth in 2015 is expected to exceed 4 trillion."

More info here.

Getting the message out

Wednesday, 11th June 2014

To most people xenophobic attitudes and racism are all the same. The Talking about Taboos project launched in 2013 with an aim to see if different types of xenophobic actions exist and to see how different people view understand the concept of racism and xenophobia.

There are 5 partner countries involved and we have all identified a separate topic. The aim is to see if any best practices can be identified that are common to all forms of xenophobic activities:

Ecommerce Italy grows to 13.2 billion euro

Tuesday, 10th June 2014

"Since 2010, the ecommerce industry in Italy is experiencing a double-digit growth every year. This year it will probably grow by 17%, so the ecommerce industry in Italy will be worth 13.2 billion euros. Another thing that’s growing very hard is mobile commerce. In two years it grew from 164 million to 1.2 billion euros."

"There are as many as 20 million Italians who at least once in their lives bought something online. Over 16 million have made an online purchase in the last three months. And there are 9.4 million regular e-shoppers, who buy online on a monthly basis. This laster number increased by slightly 20% in the last year."

"Mobile ecommerce reached 637 million last year, but in 2014 it’s expected to grow further by 85%. This way the mobile ecommerce industry will probably reach 1 billion euros at the end of this year. Also, purchases made via smartphones and tablets will reach 19% of total ecommerce in 2014."

"Online orders in Italy are mostly paid at the time of order and only 14% is paid upon delivery. The average value of an online order is about the same between men (€80) and women (€78)."

More info here.

The Growing Trend Of Online Shopping Cart Abandonment Will Create New Winners And Losers In E-Commerce

Monday, 9th June 2014

"An astounding $4 trillion worth of merchandise will be abandoned in online shopping carts this year, and about 63% of that is potentially recoverable by savvy online retailers."

"Shopping cart abandonment is growing. The data shows that around three-fourths of all shopping carts will be abandoned by online shoppers this year."

"Here are some key points that can help retailers develop strategies to recover lost sales: 

  • Retailers can reduce the rate of abandonment and increase conversions by streamlining the checkout process and also by retargeting shoppers with emails after they've left a website. Initial emails, sent three hours after a consumer abandons a cart, average a 40% open rate and a 20% click-through rate, according to Listrak. 
  • More broadly, an abandoned shopping cart should be seen as part of the increasingly complex series of steps a consumer might take before finally making a purchase, and a strong indicator of consumer interest in a product or a brand. Technology that helps retailers collect and leverage online shopping cart data is likely to be a worthwhile investment. 
  • Shopping cart abandonment is increasing, and will continue to do so as more consumers shift to online and mobile shopping. In 2013, as many as 74% of online shopping carts were abandoned by shoppers, according to data shared with BI Intelligence by e-commerce data company, Barilliance. That abandonment rate is up from 72% in 2012, and 69% in 2011.
  • An abandoned shopping cart does not automatically translate to a "lost sale," since three-fourths of shoppers who have abandoned shopping carts say they plan to return to the retailer's website or store to make a purchase, according to data from SeeWhy. Online-only retailers are at a disadvantage to "omnichannel" retailers in this respect because they have fewer channels through which to recover lost sales."

The Definitive E-Commerce Report - INFOGRAPHIC

Sunday, 8th June 2014

Source Appeagle.com

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