E-Tailing Market - Global Industry Analysis, Size and Forecast, 2014 to 2020

Global E-Tailing
Market
Share, Global Trends,
Analysis, Research, Report,
Opportunities,
Segmentation and Forecast,
2014
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Report
Description
Report Description
E-tailing refers to the use of advanced technology to sell a range of products online to
customers. E-tailing, also known as electronic-tailing or electronic retailing is a subset of ecommerce, which encapsulates all commerce carried out via the internet, a global system of
interconnected computer networks. E-tailing or e-retailing offers lower prices and a wider range
of products to select from compared to those available at brick-and-mortar retail shops. In
addition, e-tailing has the potential to offer more information to consumers to help make a
shopping decision. Perhaps the most important benefit of e-tailing is the ability to use the
internet platform to personalize information according to individual needs. The modern concept
of e-tailing has forced retailers to open online stores creating opportunities to expand their
business beyond geographical boundaries. Online stores help boost sales through websites.
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The concept of e-tailing has brought together many retailers online. Features like easy search for
required product, online payments, home delivery services and tracking transaction status have
played a crucial role in enhancing customer shopping experience. Availability of a large number
of e-tail websites for shopping and online facility to compare a wide range of products at one’s
fingertips are some of the factors that can save a customer much time, previously wasted at
retail stores in searching products manually and waiting in queue for payment of bills.
Report
Description
Report Description
Small enterprises that specialize in niche products are entering the e-tail market to make their
products available worldwide. Some essential components of e-tailing are e-catalogs, search
engines, shopping carts, online customer sales personnel, distribution of electronic goods, order
status tracking facility and creation of customer community.
E-tailing is being widely used in the retail sector and is growing rapidly due to increasing
penetration of mobile phones and broadband, cash on delivery, 3G rollout and internet banking.
Furthermore, e-tailing eliminates the need to build and maintain expensive showrooms, thus
reducing cost and increasing profit for retailers. However, lack of internet usage, complex
website design and lack of graphical presentations are some of the challenges hindering its
growth.
The global e-tailing market can be segmented based on major geographical regions, into North
America, Latin America, Western Europe, Asia-Pacific, Japan, Eastern Europe and Middle East &
Africa. North America is the largest contributor to this market followed by Europe and AsiaPacific. The government of major countries such as the United States, the U.K., China and India
are focusing on introducing various initiatives and regulations which are crucial for the growth of
e-tailing.
Report
Description
Report Description
For instance, the Indian government is taking essential steps by introducing effective telecom
policies and Information Technology Act to create the required administrative and legal
framework.
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E-tailing is a multi-billion dollar global e-commerce market which is expected to show a
significant growth in CAGR, from 2014 to 2020. There is a considerable increase in the e-tailing
market as end-users can access online stores 24x7 with convenience.
The key drivers of this market include increasing number of broadband users, proliferation of
smartphones, reduced cost with increased profit and government initiative for e-tailing. The key
restraint however is security concern. Some of the key players in e-tailing are Amazon.com, Inc.,
ASOS.com, eBay Inc., Walmart.com, Dell Inc., Futurebazaar.com, Alibaba.com, Xiaomi Inc.,
Bourbon & Boots, Inc. and Dafiti.com among others.
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E-tailing refers to the use of advanced technology to sell a range of products online to customers. E-tailing, also known as electronic-tailing or electronic retailing is a subset of e-commerce, which encapsulates all commerce carried out via the internet, a global system of interconnected computer networks. E-tailing or e-retailing offers lower prices and a wider range of products to select from compared to those available at brick-and-mortar retail shops. In addition, e-tailing has the potential to offer more information to consumers to help make a shopping decision.