For anyone who searches for eCommerce news on a daily basis, they would be hard-pressed to not have noticed a new theme that’s been emerging in the search results: India. Although articles about the U.S. industry typically dominate those results, news from India has been showing up more and more. The success of Indian eCommerce has risen to such a degree that the country is now reconsidering its ban on foreign investments in its eCommerce sector. Amazon and eBay,...
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Soon, all eyes will set their focus on Brazil as the largest South American country hosts two of the world’s biggest athletic events. Surely, the selection of Brazil as host for both the World Cup and the 2016 Olympics is due to its position as one of the globe’s most promising emerging nations. As such, Brazil offers opportunities for eCommerce companies wanting to expand their reach. With a population of just over 200 million, Brazil finds itself amongst the top...
With a population of 142.5 million, the eCommerce opportunities in Russia are vast and for the majority, are fairly untapped. According to the CIA World FactBook, the country has experienced major changes since the collapse of the Soviet Union, “moving from a globally-isolated, centrally-planned economy to a more market-based and globally-integrated economy.” Furthermore, because the cost of living is quite low in Russia, expendable income for the middle and upper class is somewhat larger than those in many other markets....
As the global population continues to grow, opportunities for businesses in the eCommerce sector will also expand. To put that international growth into perspective, each and every day the planet grows by 220,000 people. Of the 7 billion, which is ticking upward by the second, 2 billion are in the middle class – the consumer class. Those new consumers are from every corner of the globe, but no matter how remote their location, to stay competitive, eCommerce sites must reach...