(Companies Covered: Amazon Inc, Alibaba Group Holding Limited, Amway, QVC, Ebay)
The global ecommerce And other non-store retailers market is expected to grow from $1983.3 billion in 2019 to $2004.1 billion in 2020 at a compound annual growth rate of 1.1%. The low growth is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a compound annual growth rate of 8% from 2021 and reach $2485.8 billion in 2023.
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The e-commerce and other non-store retailers’ market consists of sales by e-commerce and other non-store retailers. These entities (organizations, sole traders and partnerships) retail goods by delivery after making sales over the internet and by mail-order or door-to-door solicitation and in-home demonstration, from vending machines and through portable stalls.
Global Ecommerce And Other Non-Store Retailers Market Segmentation –
1) By Type: E-Commerce, Vending Machine Operators, Direct Selling Establishments.
2) By Product: Food, Clothing, Healthcare, Electronics, Others.
Global Ecommerce And Other Non-Store Retailers Market Driver –
Cashback is the newest trend in the e-commerce industry for customer acquisition, better branding and efficient market capitalization. Cashback is a form of incentive offered to customers where they receive a cash refund in their digital wallet after making their purchase from the e-commerce website. The cashback offer not only increases the initial demand for the product but also the probability that a customer purchases again on the same company’s website. It is beneficial for customers as well as companies as the customer receives extra cash for the next purchase and the company receives repeat purchase and customer loyalty.
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Few Points From The Global Ecommerce And Other Non-Store Retailers Market TOC
1. Executive Summary
2. Report Structure
3. Ecommerce And Other Non-Store Retailers Market Characteristics
3.1. Market Definition
3.2. Key Segmentations
4. Ecommerce And Other Non-Store Retailers Market Product Analysis
4.1. Leading Products/ Services
4.2. Key Features and Differentiators
5. Ecommerce And Other Non-Store Retailers Market Supply Chain
5.1. Supply Chain
5.2. Distribution
6. Ecommerce And Other Non-Store Retailers Market Customer Information
6.1. Customer Preferences
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