Consumers may Splurge Rs 25k cr in Online Festive Shopping

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With e-commerce giants offering heavy discounts, Indian consumers may splurge nearly Rs 25,000 crore in the upcoming festive season, according to a report. 

"This is expected to be the busiest festive season for e-commerce companies as Indian consumers are likely to spend up to Rs 25,000 crore as against over Rs 20,000 crore spent in festive season last year," Assocham Secretary General D S Rawat said. 

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India’s E-commerce Revenue May Touch $38 bn in 2016.

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The e-commerce industry in the country is likely to be worth USD 38 billion by 2016, a 67 per cent jump over the USD 23 billion revenues for 2015, as per industry body Assocham. “India’s e-commerce market was worth about USD 3.8 billion in 2009, it went up to USD 17 billion in 2014 and to USD 23 billion in 2015 and is expected to touch whopping USD 38 billion mark by 2016,” Assocham said in a statement.

Increasing internet and mobile penetration, growing acceptability of online payments and favourable demographics has provided the e-commerce sector in India the unique opportunity to companies connect with their customers, it said. 

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How to Set Up a Twitter Card for Your Ecommerce Site

With a bit of data, online retailers can improve the way products are shared on Twitter, defining a specific image and description to be displayed and improving tracking with Twitter Card Analytics.

Online retailers want shoppers to share products on social media. When a visitor tweets about a product, she is essentially endorsing that product, sharing the product with her friends and family. That sort of sharing can lead to sales.

How Twitter Cards Work :

When someone posts a tweet that contains a URL, Twitter fetches the page content and looks for specific metadata fields. When those fields are present, Twitter will display a “card” rather than just a link when the tweet is expanded in the timeline or when the tweet is viewed directly.

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Malaysian E-Commerce Industry To Grow With NESR

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The Malaysian e-commerce industry is expected to boom and grow further with the launch of the National E-Commerce Strategic Roadmap (NESR) soon.

Deputy International Trade and Industry Minister Datuk Ahmad Maslan said the roadmap is a proactive effort by the government to ensure that the e-commerce application becomes the most important platform in marketing products and services.

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Maharashtra Govt Plans E-com Platform For Trade In Agri Goods

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The state government has started working on a project to create an e-commerce platform for trading in agricultural goods, hoping to replicate the success of other e-commerce players trading in both perishable (fruits and vegetables) as well as non-perishable (grains etc).

In its initial stages, the project will target customers mostly in Pune and Mumbai.Following its recent decision to delist fruits and vegetables from the Agricultural Produce Market Committees (APMCs), the state government has been working on creation of parallel and new market options for farmers. 

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Fashion Could Be UAE Online’s Next Growth Engine

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It’s a gap that needs to be stitched only about 2% of the online spending in the Middle East is on clothes, while the comparable number in the West is around 15-20 per cent. 

“It’s only a matter of time before the trend picks up in the Gulf — it will be driven by the young who will want to spend their outdoor time on leisure and entertainment than on shopping,” said Rajiv Suri, CEO at Majid Al Futtaim Fashion.


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Global E-Commerce Logistics Market Growth Of 12% CAGR by 2021

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Global E commerce logistics market is expected to grow at CAGR of 12% for the forecasted period of 2016-2021. The market is segmented on the basis of logistics services, products and locations. 

The market is driven by growing market for e commerce. E Commerce industry is trillion dollar industry in 2016. The number of e commerce players and their outreach is increasing and hence the need of more effective logistics is growing.

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Wearable Market In India Increases By 42% In Q2

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Wearable devices shipment in India clocked over 5.67 lakh units in the second quarter, up about 42 per cent from the January-March quarter 2016, research firm IDC said on Tuesday.

Total shipment in the second quarter clocked over 5.67 lakh units of which the basic wearables defined as wearables that can't run third party applications contributed nearly 94 per cent, IDC said.

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80% of UK online shoppers consider buying cross-border

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Eighty per cent of UK online shoppers would consider buying from a retailer beyond the UK – and 44% have already done so, new research suggests.

Bronto Software says shoppers are motivated to look beyond the UK’s borders as they look for unique products (62%), and to buy at better prices (50%). Almost four in 10 (38%) are shopping at least once a month. It cites a Forrester forecast that cross-border online business to consumer orders will double to reach $424 billion (£324bn) in 2021.

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