The integration of online and offline. Online shopping is developing rapidly by the advantage of cost and efficiency; on the other hand, some problems have arisen including homogeneous products, bad experience of products and consumption, high rate of return of goods, rising cost of winning customers, etc. While physical stores can solve the problem concerning user experience (UX) and shopping experience, and can provide enough space for displaying products and experiencing consumption. Therefore, it is very important for future e-commerce development to distribute the entities, to strengthen offline experience, and to realize the integration of online and offline.

Product categories will be changed from the standardized to the non-standardized and from goods to digits and services, with price from low to high .

Non-standardized: with the cultivation of online shopping habits and the upgrade of consumption culture, users pursuits of the value of emotion and culture which flood gradually the non-standardized market, for example, food, cosmetics, fresh food and life service.

High price: due to the upgrade of consumption capacity, the rising of e-commerce, and the improvement of offline service.

Digits and services: e-commerce has high infiltration of physical commodity transaction; but in the commodity market with abundant services and digits, the infiltration is lower. The future e-commerce will be changed in a large scale from physical goods to commodities filled with digits and services.

E-commerce will be developed to the globe and to the countryside. The market competition of national e-commerce turns white-hot; while the global and countryside market is still a blue ocean. Also, with the further development of e-commerce, the two markets are ready to be developed.

Reference:

China Cross-border E-commerce Industry Overview, 2017-2021

In 2015, the import origins of top 10 cross-border e-commerce products in China included the U.S.A., Japan, Germany, South Korea, Australia, Holland, France, the U.K., Italy and New Zealand, of which the products are preferred by Chinese consumers.

Research Report on China TV Shopping Industry, 2017-2021

This report describes the development history and modes as well as experience of TV shopping at home and abroad.

Used Car E-Commerce Industry Overview in China, 2011-2020

According to CRI, the trade volume of used cars on e-commerce platforms was about 1 million, accounting for only about 11% of the total (9-9.5 million) in China in 2015, which shows the huge market potential.

The post Several Trends of the B2C E-commerce Development in the Future first appeared on CRI Report.

Due to domestic consumers’ growing attention on quality, the trend of cross-border online shopping has gradually expanded from maternal and children supplies to all categories including beauty products and cosmetics, digital devices, general merchandise, clothes, bags and suitcases. Business volume of cross-border online shopping increases as more consumers at different ages with various demands entering the market.

China’s cross-border e-commerce businesses mainly gather in Yangtze River Delta and Pearl River Delta. Yangtze River Delta boasts of its well-developed light industry basis, leading in sales volume of clothes, shoes, hats, and household products; Pearl River Delta attracts many cross-border e-commerce sellers owing to its highly-centralized manufacture basis and abundant foreign trade talent reserves.

From the perspective of ages, the post-80s like cross-border online shopping most and they also have the strongest purchasing power; they account for 57.5% of total cross-border online shoppers. Followed by is the post-90s which takes 25% of all; the post-70s, ranking in the third place, constitutes 15% and post-60s and 00s together takes less than 3%. From the perspective of average order amount, post-80s consumers have the strongest purchasing power and rank in the first place in average order amount ranking while post-70s rank the second.

Reference Report:

China Cross-border E-commerce Industry Overview, 2017-2021

In 2015, the import origins of top 10 cross-border e-commerce products in China included the U.S.A., Japan, Germany, South Korea, Australia, Holland, France, the U.K., Italy and New Zealand, of which the products are preferred by Chinese consumers.

Research Report on China TV Shopping Industry, 2017-2021

This report describes the development history and modes as well as experience of TV shopping at home and abroad.

Used Car E-Commerce Industry Overview in China, 2011-2020

According to CRI, the trade volume of used cars on e-commerce platforms was about 1 million, accounting for only about 11% of the total (9-9.5 million) in China in 2015, which shows the huge market potential.

The post China’s Trade Size of Cross-border E-commerce Expected to be CNY 880 Million first appeared on CRI Report.