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E-commerce in Southeast Asia | Israel economic growth | M-commerce drives sales

Increased use of digital devices in Southeast Asia
Digital growth and online buying behavior in Southeast Asia

B2C e-commerce sales in Southeast Asia are predicted to increase to US $25 billion by 2020, according to Frost and Sullivan.

This growth is likely to be the result of increased online purchasing and use of digital devices in the region.

In addition, a Mastercard study found that online shoppers tend to be repeat buyers. The average number of purchases made over a three month period in the markets studied was two or more, rising to more than four in Singapore.


Opportunities for British Businesses
Israel’s economy grows more than anticipated

Israel’s Central Bureau of Statistics has updated its annualised growth projection for 2016, reporting an expected 4.3 per cent growth for the country in 2016.

Household spending on furniture, appliances, and private vehicles increased by 21.4 per cent, whilst household spending on jewellery grew by 9.9 per cent. GDP rose by 3.2 per cent in the first half of the year, reflecting a 13.7 per cent rise in goods and services exports.

This news presents opportunities for British businesses considering importing from Israel.

Have you considered m-commerce?
Mobile experience matters to online retail success

Mobile commerce is driving online retail growth, and is expected to account for just under one-third of retail e-commerce sales in 2016.

Retail m-commerce sales in the US are set to reach US $123.13 billion this year, which is an increase of 39.1 per cent compared to 2015.

Given that more customers shop via smartphones, retailers need to increasingly consider mobile commerce, and user experience in particular, to succeed.


Thursday 20 October 2016

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