Information on different countries' E-Commerce!

E-Commerce in Asia has been increasing surprisingly ever since the global recession and the trend is likely to continue with the figures going up drastically. People are scrambling to get online to take advantage if this trend and now I am going to talk about the big nations and which e-commerce sites are popular there.

Australia

• 80% of all online users have done some online shopping in the past year
• Ebay is the market leader there with 56% of transactions going through there
• Amazon and Apple sites are also quite popular with around 30% and 20% popularity

India

• India currently has 28.1 million online shoppers in its country, which is forecast to mushroom to 203.1 million people come 2010.
• Indian online shoppers are more opportunistic than anyone else in the region with 30% of then making so called impulse purchases

Japan

• Nearly all Japanese shop online with around 97% of online users shopping online
• Online shopping is the 2nd most favorite activity in Japan right after emails
• Credit Cards are the most preferred method of payment.

South Korea

• Among those who have Internet access, 99.9% have used it to buy something - the highest online shopping penetration rate in the world.
• South Korea's Cyworld is the world's second largest music and video retailer after iTunes.
• Music sold online is more than in offline methods

Malaysia

• It is all about loyalty when it comes to the Malaysian online market with 60% of them sticking to the same site where they have purchased before.
• The most famous items are booking online tickets and also making online reservations.

Singapore

• They love to shop and have a rate of around 80%
• They are also the highest spenders online with an averege of US$ 348- per perspn per year
• Singaporean online shoppers like to plan their purchases rather than buy on a whim, with only 10% of them making frequent opportunistic purchases.

Taiwan

• Fashion and beauty are the 2 most important areas of shopping when it comes down to E -Commerce
• Yahoo shopping and PCHOME shopping are the 2 most favored sites.

All these information prove once again that the online market in Asia when it comes to E-Commerce is growing and there is much more potential too since Asia has one of the lowest penetration rates in the world. Enormous potential can be there by going online and starting a business.

Source:http://malaysiacrunch.blogspot.com

Image: Don Hankins