With the advent of eCommerce, and the current ecommerce trends at play, doing business overseas is as easy as getting a payment gateway and a reliable shipping partner. This informative infographic from the folks over at Alibaba about Chinese spending habits shows just how much there is to gain from pursuing foreign markets.
- 242,ooo,ooo Chinese shoppers are expected to spend $264 billion online in 2013
- 2013 is the first year the Chinese online spending is expected to outpace US online spending.
- By 2015 Chinese consumers are expected to spend $445 billion online almost $200 million more than the projected US figures.
- Only 40% of Chinese people shop online making growth almost certain.