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This Year, The Scale Of Global Online Retail Pactions Will Reach 650 Billion 600 Million Dollars.

2011/6/24 13:50:00 52

Online Retail Paction Scale

June 22nd news, well-known electronics from China

Business affairs

The China's first global e-commerce report, the 2010-2011 annual Global Electronic Commerce Research Report (hereinafter referred to as the "report"), is officially released by the China Electronic Commerce Research Center.


The report shows that:

Online shopping

In 2010, the global online shopping paction scale reached 572 billion 500 million US dollars, an increase of 19.4% over the same period last year. In 2010, the total scale of online shopping pactions in the world reached 90% in Europe (34%), the United States (29%) and Asia (27%).

China has 1/7 of it here.

According to the data of China Electronic Commerce Research Center, the scale of China's online retail market in 2010 amounted to 513 billion 100 million yuan.


Online shopping is facing unprecedented popularity in the world, so that some traditional businesses who are concerned about the future development of the industry will begin to impose additional taxes on the commodities of overseas e-commerce sellers after being threatened by online retailers.


According to Goldman Sachs annual report, global network sales will reach $963 billion in 2013, an annual growth of 19.4%.

The US investment bank predicts that online retail sales will rise to 12.4% dollars in the next three years at a rate of 12.4%.

From Goldman Sachs's view, the growth of e-commerce benefits from several favorable conditions, such as the emergence of broadband, the increasing comfort of online shopping and the decline of physical retailers.


The development of the online shopping market in Europe and the United States is mainly due to the sustainable development of its own economy, of which the United States is the origin of e-commerce, and the European Union based on the EU's economy has been the first in all continents.

The Asian region has a large population, rapid growth of Internet users, large space for Internet development, rapid economic growth and increased consumer demand. All these reasons will promote the rapid development of Asian online shopping market.


Mo Daiqing, an analyst with China's e-commerce research center, said that e-commerce will benefit from the continuing pressure from traditional retailers, including the rise of mobile shopping.

The surge in mobile devices and applications may have a great negative impact on the traditional retailer's business model.

In the past, for retailers, getting customers into stores was half the sales success.

Mobile apps, however, are more powerful in giving shoppers the right to make purchases that are conducive to their own development. Even if customers are already in stores, the impact still exists.


In terms of electronic payment, the report shows that the global electronic payment industry is in a period of rapid development. In 2010, the annual global electronic payment volume reached 420 billion US dollars, and the compound growth rate was 4 times the GDP growth rate in various regions.

It is estimated that the global electronic payment market will reach US $500 billion in 2011.


At present, the global electronic payment industry is in a period of rapid development, with the characteristics of electronic payment tools emerging, specialization and specialization.

Looking at the development process and current situation of the global electronic payment industry, we can see that the pattern and trend of the development of the electronic payment industry are: the division of labor continues to be refined, and the monopolistic competition has basically formed in the various areas of division of labor, but the participants in various fields are constantly infiltrating and merging into other fields.


According to the report, in 2010, European electronic payment methods were mainly based on credit cards, debit cards, prepaid checks, cash on delivery and so on.

Among them, credit card users accounted for 82% of the largest share, and 12% by debit card.


For major countries, the proportion of credit card users in the UK is even higher, accounting for 95%, and the remaining 5% is paid through a Maestro debit card.

Maestro is a brand of MasterCard. When German Internet users pay online retailers, 50% will use credit cards, such as Visa and MasterCard.

But German female consumers use debit cards in 31% of cases, and 43% of retailers use credit cards.



 

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