E-commerce has showcased vast growth in the last few years. Sources forecast that retail e-commerce sales across the globe would grow from 7.4% in 2015 to 12.8% in the year 2019. Its vast reach being primarily the reason behind its wide popularity and success, along with other reasons such as leverage to shop anywhere at any-time, availability of wide variety of options, product comparison and reviews. From the business viewpoint, e-commerce is much more cost effective as compared to traditional commerce method.
The essence of time can’t be denied behind the celebrated fame of e-commerce globally. It’s a frequent saying “time saved is equivalent to money saved”. In the commercial markets time has its own significance. It’s one of the most critical aspect in the business. From the perspective of a business, the amount of time saved is directly proportional to increase in the numbers of transactions. Similarly for a consumer as well a quick transaction saves a lot of time.
In global market context, the emergence of e-commerce as a pioneer has opened up various windows of opportunities for a variety of other companies and investors. For example, due to the booming of e-commerce, more and more resources are being directed into electronic securities, internet facilities, business plans and new technologies. Subsequently, a variety of new markets have sprouted up from e-commerce itself giving a boost to the global market.
African scenario
Bu hikaye The Times Of Africa dergisinin May 2017 sayısından alınmıştır.
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Bu hikaye The Times Of Africa dergisinin May 2017 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
Furniture - A Growth Oriented Industry
Africa constitutes 16.36% of the total world population and contributes 3% to the world Gross Domestic Product (GDP). Africa is a huge pool of population, which is projected to expand and grow rapidly. By 2050, 2.4 billion more people are expected on the planet out of which 1.3 billion are expected to be born in Africa. The majority of the world’s population growth is expected to take place in Africa. It is said that where there is population, there are enormous opportunities. Business opportunities is one the aspect of this broad spectrum of opportunities.
The Stunning Rise of Vernon Philander
“There is only one thing that makes a dream impossible to achieve: the fear of failure.”
An Amalgamation
The Conclave has become a prestigious event for Indian and African governments and industry to meet and explore new avenues of partnerships. The annual gathering enables the Indian and African leadership to take stock of the progress of the partnership and address future needs in this regard.
Ethiopia
A Landlocked Spectacle.
Student Housing, A Virgin Market
Ever got fascinated by a rich man passing by? His expensive suit, charming wrist watch, expensive mobile phone, utter royal grace.
The End Marks A New Beginning...
“what africa does with agriculture is not only important for africa: it will shape the future of food in the world.” – akinwumi adesina, President of the african development Bank.
A Pristine Paradise
It is a place immortalised by various animated Disney movies – clean blue water oozing freshness, calm cool breeze soothing your soul, natural sceneries with colours in their purest form, and lemurs, with their wide, reflective and even eerie eyes. An abode on the wish list of every globetrotters’ itinerary – it is unlike a place you have ever been. It is Madagascar!
Leading The Industry With Innovation
Interview with Mr. Abbad Reda, Chief Information Officer of MTN Ghana
Make Way For Germany
Africa has traditionally been a market where the Chinese and the Indians have flourished. While India’s trade with Africa increased from $25 billion in 2006 to about $70 billion in 2016, China continues to remain Africa’s biggest trading partner.
Egypt , a Dream in the Desert
The Arab republic of Egypt, a democratic republic, commonly known as Egypt's is a silent beauty. This nation is one of its kind. Its beauty lies in its culture and heritage. Egypt may not have many natural attractions but man has surely made its mark by building one of the most unique structures that is; the pyramids.It is mostly comprised of desert area. Trees, forests,and tropical areas are rare here. It can get as unique as possible; it is situated on the northeast corner of Africa and southwest corner of Asia by a land bridge formed by the Sinai Peninsula.Hence it is called a transcontinental country.
