The World According to eCommerce
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Transcript of The World According to eCommerce
U.S. e-commerce is growing at 29%, on average, this year. Many retailers are closing or redefining their stores in order to align with a broader e-commerce channel.
Indian e-commerce is expected to grow from $13B in 2013, to $50B–$70B by 2020.
While the 302 largest e-retailers in France, Germany and the U.K. grew combined sales by 16.7% during 2013, the 46 largest e-retailers in Italy, Spain and Portugal grew even faster at 26.6%.
More than 60% of e-commerce shoppers use social sites and tools to interact with brands.
OTTO GROUP
Hamburg
BRAZIL 13%
U.S.A. 12% FRANCE 12.8%
U.K. 10.8% GERMANY 9.7%
INDIA 29.5% CHINA 57%
0
5
10
15
20
25
2012 2013 2014 2015 2016 2017
22.2%
18%20.1%
17.6%15.9% 14.8% $7.7B
127,614,4693.41%
$18.18B191,883,4203.7%
$4.96B31,612,5903.8%
$142.37B2,996,0703%
$74.88B10,637,8801.95%
$31.1B8,640,9001%
$7.35B 85,453,8312.8%
$3.96B26,226,1902.0%
$1.22B 19,840,4942.47%
$3.82B19,866,66910%
$61.09B480,571,2844%
$10.3B20,861,2998.9%
$2.04B19,602,00014.3%
Worldwide E-Commerce Sales Growth:
E-Commerce Goes Global
Average E-Commerce Sales Growth 2012–2017:
INDIA TIMES SHOPPING
New Delhi
FLIPKART
MYNTRA.COM
Bangalore
Bangalore
HOME RETAIL GROUP
CDISCOUNT.COM
Bordeaux
Central Milton Keynes
TESCO STORES
Hertfordshire
STAPLES
Framingham, Massachusetts
San Paulo
NOVA PONTOCOM
WALMART
Bentonvi l le , Arkansas
AMAZON
Seatt le, Washington
Sources: Internet Retailer Top500 | eMarketer | SHOP.org State of retail Online Report 2014
JINGDONG MALL
Bei j ing
Nanj ing
SUNING APPLIANCE CO. LTD
CONVERSION RATEWEB SALES (USD) MONTHLY VISITORS
$8.83B 350,000,0002.5%
APPLE
Cupert ino, Cal i fornia
$2.44B28,802,5312.9%
B2W DIGITAL
Rio de Janeiro
AVERAGE E-COMMERCE SALES GROWTH 2012–2017: 1–10% 11–20% 20–40% 41+%
ALIBABA
Hangzhou$170B1.6B5.1%
Alibaba manages more transactions than Amazon and eBay combined and acts as the infrastructure provider to all Chinese e-commerce. The company plans to go public on the NYSE in 2014, making it one of the top 20 most valuable companies traded in the U.S.
The e-commerce world is getting flatter every day. In the United States, e-commerce is growing at 4x the rate of retail, while in China, it grew a staggering 51% in 2013. The global leaders are well-funded, well-organized and driving massive change in retail.
In the world of e-retail, cities like Seattle, Washington and Bentonville hold their own against Beijing and Hamburg. It’s a world that is changing quickly, with fierce competition on a global scale.