E-commerce transformation set to hit HK shops
E-commerce has brought many positive changes in the Hong Kong’s online business but now it is the time for a change a productive change. According to a survey conducted by real-estate provider, Jones Lang LaSalle tells approximately 72% of the retailers and 90% of the landlords are hoping for the exposure of the online business in next five years.
In another survey which is done by UPS, a global package delivery indicates that Hong Kong has the lowest ratio in an online purchase than the Asian marketers.
Traditional retailers must establish their e-commerce business
Traditional retailers need to establish their business. Online retailing is emerging in Hong Kong. Tourists prefer online payment system which is reliable as Alipay and WeChat pay are advise way for mobile payment.
E-commerce will soon gain popularity in Hong Kong
Online retailing and marketing will soon be famous in Hong Kong. E-commerce will too gain its real popularity in Hong Kong within few years. But online shopping experience cannot redeem the experience of physical stores. Shopping in physical stores is a very enjoyable thing for the customers. Online shopping cannot end its spell.
Compare the efficiency of e-commerce or online store and offline store
Modern retailer gives exposure to shopping experience to its customers. A modern customer has many options from modern such as experiential retail in it customer can compare the efficiency of online store and offline store. A strategy is adopted by the multi-channeled retailer to end the marginal cost of a good to earn big profit according to JLL’s e-commerce report.
With E-commerce, sell products from an APP
Physical stores are making many changes such as Internet giant Alibaba’s Hema Supermarket also adopting new strategies such as giving the customer a privilege to have experience of its goods especially fresh and dairy products. You can have these products from an App and within 30 minutes you can have the things you have ordered with free home delivery in particular areas. In the United State an Amazon based food chain Whole Food Market facilitating its prime member with their services.
We are positive about the truth that the physical stores are more in demand but they must have a productive change in their operating system.