Market Potential (2008) per shopper
• UK- $1,771.30
• Germany- $1,040.91
• France- $935.00
China has the biggest growth and I believe the reason is that there are way more people in China than anywhere else, they have 298 Million people
The E-Retail sales during 2008 estimated to be around 438 Billion U.S. The U.S. is one of the biggest markets worldwide and they estimate to have a $134 Billion sale and from 1994 is it a 4.6% market increase.
When they introduced online shopping it opened many doors and the whole world are able to buy from them. China having the greater population was the one that had the biggest percentage increase.
Over the past decade the Internet has grown a lot more than what people thought and it has the changed the way we as society shops, communicate, share information, and shop some more. According to a 2013 research publication commissioned by Cushman & Wakefield, the online market that CanGo falls under has grown at a steady rate of 18% over the past 3 years. The actual retail has only grown by 1.3%. The online market has grown so fast and so much over the years and now people would rather shop online instead of going to the actual store. The online shopping is big here in the US with sales of $186,942,000 in 2012. Another big reason why the online retail is booming is all the smart phones there are now. Nowadays it is …show more content…
For instance, according to Transparency Market Research “Gaming Market-Global Industry Analysis, Size, Growth, Share, and Forecast 2011-2015,” global gaming was worth $70.5 billion in 2011 and is projected to reach $117.9 billion by 2015. The demographics of online gaming consumers, meanwhile, reflect a varied spectrum of users, with consumers ranging in age from as young as five years to as old as forty-five years. In terms of regions, the Asia Pacific region represents the most rapidly expanding market in the
• UK- $1,771.30
• Germany- $1,040.91
• France- $935.00
China has the biggest growth and I believe the reason is that there are way more people in China than anywhere else, they have 298 Million people
The E-Retail sales during 2008 estimated to be around 438 Billion U.S. The U.S. is one of the biggest markets worldwide and they estimate to have a $134 Billion sale and from 1994 is it a 4.6% market increase.
When they introduced online shopping it opened many doors and the whole world are able to buy from them. China having the greater population was the one that had the biggest percentage increase.
Over the past decade the Internet has grown a lot more than what people thought and it has the changed the way we as society shops, communicate, share information, and shop some more. According to a 2013 research publication commissioned by Cushman & Wakefield, the online market that CanGo falls under has grown at a steady rate of 18% over the past 3 years. The actual retail has only grown by 1.3%. The online market has grown so fast and so much over the years and now people would rather shop online instead of going to the actual store. The online shopping is big here in the US with sales of $186,942,000 in 2012. Another big reason why the online retail is booming is all the smart phones there are now. Nowadays it is …show more content…
For instance, according to Transparency Market Research “Gaming Market-Global Industry Analysis, Size, Growth, Share, and Forecast 2011-2015,” global gaming was worth $70.5 billion in 2011 and is projected to reach $117.9 billion by 2015. The demographics of online gaming consumers, meanwhile, reflect a varied spectrum of users, with consumers ranging in age from as young as five years to as old as forty-five years. In terms of regions, the Asia Pacific region represents the most rapidly expanding market in the