Market Research on E-Tailing Market 2014 and Analysis to 2020

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Category: Business and Industry

Date Submitted: 10/21/2016 12:55 AM

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Overview

Electronic retailing, commonly known as e-tailing, is one of the most significant subsets of the global e-Commerce industry. The global e-tailing market accounts for a significant revenue share of the global e-commerce market, owing to its dominance in online business and trade operations. The increasing proliferation of mobile phones, smartphones and broadband internet, 3G network expansion and comparatively lower prices are the elemental trends sustaining the growth of the global e-tailing market. Mobile payment transactions, internet banking, and feasible transaction options such as “cash on delivery” and “easy returns policy” are some of the additional features that are appealing to consumers, resulting into the growth of the global e-tailing market.

Since the early 2000s, several leading IT- and retail-companies have been carrying out business acquisitions and developing new e-tailing ventures to reap benefits by actively participating in the growth global e-tailing market. Starting with PayPal’ acquisition by eBay, the e-tailing market has witnessed numerous mergers and acquisitions. Amazon.com selling about 500 Mn SKUs in the US and Groupon turning down Google’s offer to start its IPO is indicative of the business activity in the global e-tailing market.

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Key Drivers & Restraints Impacting the Global E-tailing Market

The fundamental factors driving the demand for e-tailing trade and business transactions include independent access to online trade portals, open platforms for seller or buyers, and ever-inflating costs of products available in brick-and-mortar retail shops. Favourable government regulations, rise in regional GDPs, and per capita expenditure are some other factors supplementing the growth of the global market for e-tailing transactions.

Key restraints hampering the growth of global e-tailing market include lack of immediate product...