China’s ecommerce sector evolving at rapid pace

Though virtually non-existent five years ago, new research shows China’s ecommerce sector growing into one of the most wired retail markets around the world. In a survey of over 11,000 online shoppers in 11 countries, researchers from consulting firm PricewaterhouseCoopers (PwC) … Continued

Expert applauds Asos’ expansion into Russia

In light of online retailer Asos announcing the launch of its business in Russia, retail-week.com writer Tiffany Holland has come forward to support the decision. The company has six million customers across the UK, US, France, Germany and Australia, but is looking to add to … Continued

British retailers to see export volumes soar

British retailers could see their export volumes increase seven fold over the coming seven years, freshbusinessthinking.com reports. New research collected by OC&C Research and Google found that £4 billion of online sales came to Britain from overseas in 2012. By 2020, however, this … Continued

Asda to make “considerable investment” in its e-commerce

Asda is set to make a “considerable investment” in the e-commerce services it offers customers, according to shopsafe.co.uk. The supermarket, which is currently the second largest provider of online grocery delivery services in the UK, is said to be spending a … Continued

Footfall now completely irrelevant for retailers, expert claims

Footfall has been labelled as “irrelevant” for retailers as more purchases are completed online, tradedoubler.com reports. The regional director at marketer Tradedoubler, Dan Cohen, has claimed that footfall – which was once seen to be the variable that could make or break … Continued

Online businesses grow 57 times faster than UK economy

Businesses which operate online are growing fifty times faster than the national economy, freshbusinessthinking.com reports. According to new research from Barclays, businesses with an online presence are thriving, despite forecasts of gloom elsewhere in the economy. In its ‘Online Business … Continued

Bermuda: The Intelligent Choice

http://www.worldcommercereview.com/feeds/show/WCRVol7Issue1 Deciding on a digital hub is an especially complex process. In an interview with World Commerce Review, the Bermuda Minister of Economic Development, Dr. Grant Gibbons, examines the most important factors.

Brands seeking loyalty need to reciprocate, claims survey

If brands in the US want to guarantee their customers become loyal, they should be ensuring that such loyalty is reciprocated. That’s the argument from Analytic Partners, a marketing consultancy which surveyed 1,000 US consumers about their shopping behaviour and … Continued