Marvin Liao E-commerce Trends
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Ecommerce is growing rapidly worldwide, increasing by over 17% annually between 2012 and 2017. Offline retail is declining as more shopping moves online. Niche and specialized retailers are finding opportunities by targeting specific customer interests. Subscription commerce is increasing in popularity again, allowing automatic recurring deliveries. Last-mile delivery is improving with same-day delivery now available in many cities. Ecommerce has also become a global phenomenon with international shipping and mobile payments expanding options for customers worldwide. New digital channels like social media, mobile apps, and content are also driving more sales as customers spend more time on their devices.
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Marvin Liao E-commerce Trends
- 1. 1 Ecommerce Trends from Silicon Valley Yac/M 2014
- 2. • Venture Partner, 500 Startups • Mentor at 16 Startup Accelerators in US/Europe/Israel • Board/Advisory Board Member @ 8 companies • 10.5 Year Ex-Yahoo! Executive Who Am I
- 3. 500 Startups: Global Seed Fund BREAKDOWN: People on the ground Regional Coverage areas Countries where we’ve invested
- 4. Ecommerce Growth B2C Ecommerce Sales Worldwide, 2012–2017 Trillions and % change $ 1.058 $ 1.251 $ 1.505 $ 1.771 $ 2.053 $ 2.375 22.3% 15.9% 14.8%17.7%20.2%18.3% 2016 20172012 2013 2014 2015 Note: CAGR (2012-2017)=17.4%; includes products and services ordered and leisure and unmanaged business travel sales booked using the internet via any device, regardless of the method of payment or fulfillment Source: eMarketer, January 2014 B2C ecommerce sales % change
- 5. Offline Retail is Dying
- 7. Subscription Commerce is Back… sort of
- 9. …..and its Global Free* Same-Day Deliveryin 25+ Cities in China / Customer Can Track Package Location on Map / Mobile Devices and Contact Delivery Person in Real Time
- 10. OmniChannel
- 12. New Channels: Mobile Source: Monetate
- 14. New Channels: Mobile Messaging Apps
- 15. New Channels: Mobile Messaging Apps
- 17. “To paraphrase Schumpeter: We believe that offline retailers that cannot deliver a differentiated value proposition to consumers will be destroyed by a new generation of online retailers that is being created before our eyes.”
- 18. Thank you! 18