Ecommerce Sales Online Business Global Market Opportunities - Ecommerce sales news, iHuman web Development, James Rickman, Director calculates during the next few years, the number of online shoppers in Latin America is expected to grow by 20% annually. We expect Latin America B2C ecommerce revenue hit $30 billion US dollar by 2014 comments Mr. Rickman. As the global ecommerce business retail sales steadily climb. Visit www.iHumanEvolution.com
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Portland Ecommerce Sales Oregon Business Global Market Opportunities
1. Ecommerce Sales Online Business Global Market Opportunities
We are all aware of the tremendous business potential in China, it’s a story we read and hear about every day in
the news. But with the global economic slowdown and contraction particularly in Europe, many business
strategists are turning to new markets that can offer immediate rewards says iHuman web Development, James
Rickman III.
For example, today in South America, Chile offers a $750 million ecommerce market that reaches seven in 10
Chileans shopping online make a purchase. The average Chilean household has 4 credit cards spending over
$159 annually versus China’s average household spending only $17 per year online. Only three in 10 Chinese
Internet users actually purchase items online. Further, China’s rural infrastructure is poor still using ancient modes
of communications and transportation. India is also a great potential market but it’s hampered by political
corruption and crumbling infrastructure problems. Ever watch the movie Slum Dog Millionaire?
Chile already offers solid banking financial institutions and a modern infrastructure with high speed Internet
services. Major retail stores like Wal-Mart (WMT), Gap (GPS), are rapidly building a presence in Chile. Local
retailers Falabella and Cencosud dominate the South American – Chilean retail marketplace, with a
combined 40% online market share. Meanwhile Wal-Mart holds 20% online market share and has publicly
vowed to become Chile's largest online retailer within five years.
Cencosud (ADS: CNCO.T, NYSE: CNCO), the Latin American retail giant ($15.7 billion, quarterly revenue
growth 24.7% yoy) just launched a stock initial public offering through J.P. Morgan Securities LLC and UBS
Securities LLC are acting as global coordinators and joint book runners for the offering. Morgan Stanley & Co.
LLC, Credit Suisse Securities (USA) LLC, Banco Bilbao Vizcaya Argentaria, S.A. and Santander Investment
Securities Inc. are acting as joint book runners. Note “ADS” - CNCO.T common stock in the form of shares or
American Depositary Shares initially then completion to CNCO equity shares.
iHuman web Development, James Rickman, Director calculates during the next few years, the number of online
shoppers in Latin America is expected to grow by 20% annually. We expect Latin America B2C
ecommerce revenue hit $30 billion US dollar by 2014 comments Mr. Rickman.
Although, the value of China’s potential ecommerce market could be upwards of $24 billion, it may take decades
to open up the Chinese marketplace and loosen up their archaic Internet content monitoring and censorship
regulators. China in my oppinion is still a long-term gamble that could slip backward into protectionist policies
should their economy get stung by dependence on foreign global markets says James Rickman, iHuman web
Development. We also see Russia sling-shoting off its oil revenues to recapture a dominate position in world
economics.
South Korea might be a better spot to invest with its low debt, highly educated population and manufacturing
powerhouse. Singapore is also a major financial center that boasts a superfast Internet broadband infrastructure.
In Indonesia, the number of Internet users is expected to grow from 60 million in 2010 to almost 170
million by 2015. Encouraged by this trend, Japanese online department store Rakuten has founded a joint
venture online department store in Indonesia. Rakuten is like the Amazon.com of Asia, it offers a vast array of
discount retail products online.
Long-term growth will come from countries that have low debt, high educational levels, energy resources and
infrastructures capable of hyper-fast mobile Internet ecommerce due to its superior cost efficiencies says
Director, James Rickman III, iHuman web Development.
To compete in the global economy the U.S. must recapture its small business growth policies to create new jobs
and maintain R&D innovation through flatter and simpler tax structures. Massive debt burdens in excess of $22
trillion dollars have been placed on the shoulders of America’s younger workforce that are struggling to survive.
Rapid small business growth is the only way out of this mess in order for any hope of supporting the 72 million
baby boomers set to retire by 2016. We already know that over 65% of baby boomers will suffer very expensive
health and medical diseases like cancer, dementia, and diabetes. Now is the time for a complete shift away
from government regulations to private sector business investment in order to grow our countries future
creating new jobs and better manage its resources for ordinary Americans to maintain a decent standard of living.