This document summarizes an E-commerce Europe presentation on e-commerce trends. The presentation covers 5 megatrends in e-commerce: 1) the convergence of all channels, 2) the internet of things, 3) the powerful super consumer, 4) the rise of the sharing economy, and 5) increased global competition. It also provides data on e-commerce growth rates in Europe and Belgium and reviews strategies for companies to compete against large players like Amazon.
37. MEGATREND 3: THE SUPER CONSUMER
“There is only one boss. The customer. And he can fire everybody in the company from the chairman on down,
simply by spending his money somewhere else...”
56. 83
Will Market Places Rule The World In 2020?
The ‘over everything strategy’ results in conversion ratio’s up to 20%
# of countries active Growth 2013
13 22%
1*
(just bought
US 11Main)
50%
13 45%
The 3rd party strategy is a cash cow; as sales growth their costs remain the same
Market share
2 – 24%
55 – 60%
20 – 30%
* Although Alibaba offers an international site it is not focused on a specifica market