E-Commerce & Online Retailing
E-Commerce and Online Retailing Market Research Reports Analysis and Trends
High and quality competition from supercenters and warehouse clubs, especially giant players such as Walmart and Costco, increased throughout the five year period to 2014 because of their low prices and extensive product ranges. Profit margins steadily declined over the past five years due to the low mark-up prices attached to groceries in supermarkets. While economic recovery provided grocery stores with the ability to raise prices, high operating costs continued to shrink profit margins. As a result of shrinking profit margins and increasing competition from supercenters, the number of enterprises fell at an annualized rate of 1.1% to 35,761 during the five years to 2014.The growing consumer base for mobile devices means that people are more and more accustomed to accessing the internet from anywhere and at any time, be it to purchase goods and services or to use online content. Making consumers aware of the safety of mobile payment will be an important factor for e-commerce market growth moving forward.
Ecommerce and Online Retailing Trends
Ecommerce and Online Major Player