Ecommerce: global FMCG to expand to USD 17 billion by 2016

Wednesday, 18th June 2014

Ecommerce will account for USD 53 billion of global FMCG sales by 2016, meaning a USD 17 billion (47%) increase as compared to the present USD 36 billion.

"Asia will be a major growth market. South Korea will continue its rising trend with online accounting for 13.8% of FMCG sales by 2016. Presently, 55% of Korean shoppers buy online. Online FMCG market share will continue to grow rapidly in Taiwan and China to achieve 4.5% and 3.3% share of the total FMCG market respectively."

"UK online shoppers buy on the internet once a month and their carts are 5 times bigger than offline (in most countries online shopping carts are twice as large as their offline equivalents)."

"However, click and collect offer in France, referred to as “Drive”, is predicted to outperform the UK by 2016 with 6.1% versus 5.5% of market share respectively."

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Online sales of consumer goods to reach USD 53 bln globally by 2016

Tuesday, 17th June 2014

Online shopping of packaged goods is expected to grow globally from a 3.7% ratio in 2014 up to 5.2% in 2016, accounting for almost USD 53 billion.

"Online sales of fast-moving consumer goods (FMCG) excluding fresh produce would rise 47% by 2016 from a current USD 36 billion."

"South Korea would keep its lead position for online FMCG sales, increasing ecommerce’s share of the market to 13.8% by 2016 from 10.2% in 2014."

"France is expected to surpass the UK, due to the popularity of in-store collection facilities for goods ordered online, with online sales of packaged goods rising to 6.1% by 2016 from 3.9% in 2014, growing more slowly in Britain to 5.5% from 4.9%."

"For the US market, about one quarter of all spending to be on consumer goods, reaching about USD 222 billion a year."

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Australia may miss the Chinese ecommerce wave

Monday, 16th June 2014

The Australian ecommerce sector may not be able to catch up with the Asia counterpart in terms of growth, Sarv Girn, chief information officer at the Reserve Bank of Australia warns.

"However, Girn reveals that the internet penetration rate in Asia is very low, when compared with Australia, but the former is growing more rapidly than the rest of the world. India, which has the third largest online user base globally after China and the US, has an internet penetration rate of just 17.4 per cent."

"Consumers in the Asia-Pacific region will spend more money online than the US for the first time ever in 2014. And for every USD 10 spent, 6 will come from China."

"According to official figures from the China Internet Network information Center, China has 618 million internet users as of December 2013. In other words, China has an online population 33 times that of Australia with only a 45.8% penetration rate. Half of them shops online."

"A partnership between China’s ecommerce company Alibaba and Australia Post has been set in place in order to simplify cross-border steps between the two countries. Through the agreement, businesses no longer have to register as Chinese business entities or employ local staff in the country. Australian businesses now have the option of piggy-backing off Australia Post and shipping their products from Australia."

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Shanghai cross-border e-commerce is expected to reach 4 trillion

Wednesday, 11th June 2014

"As the proportion of e-commerce accounted for in consumption is growing, the demand for cross-border electricity providers increasingly large. With the Shanghai pilot platform line of cross-border electricity supplier, electricity suppliers will solve the problem of export tax rebates, reduce costs and bring substantial positive foreign trade enterprises, but also the underlying stocks of the catalyst."

"Shanghai cross-border trade aspects of e-commerce services to select three pilot content: to promote and improve the online direct purchase of imported models, online shopping bonded imported models and general export model. Direct purchase of imported models and online shopping bonded imported model was on trial operation last November. Up to now, a total of 24 home appliance supplier, six cross-border logistics enterprises in the customs completed record. Related industries, including third-party payment, logistics, electronic business platform, which third-party payment, and airport logistics and other areas of the company is expected to lead to benefit. Related investment targets include business treasure, Commodity City, Sinotrans Development, Focus Technology, CTS logistics, Yangtze investment."

"Data shows that in 2011 the cross-border e-commerce transactions amounted to 1.6 trillion yuan, an increase of 33%; 2012 cross-border transaction volume 2 trillion yuan, an increase of over 25%. Prospects Industry Research Institute analysis, with the start of cross-border e-commerce platform for the pilot, our focus on cross-border e-commerce industry will show explosive growth in 2015 is expected to exceed 4 trillion."

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Getting the message out

Wednesday, 11th June 2014

To most people xenophobic attitudes and racism are all the same. The Talking about Taboos project launched in 2013 with an aim to see if different types of xenophobic actions exist and to see how different people view understand the concept of racism and xenophobia.

There are 5 partner countries involved and we have all identified a separate topic. The aim is to see if any best practices can be identified that are common to all forms of xenophobic activities:

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