The tough macro environment is a compounding issue impacting growth for all players within the space. It has been a particularly prominent topic on Chinese companies' earnings calls, and appears to be a greater concern in the region. Online apparel is not as attractive a tech investment as it once was, although select names look set to benefit as industry players clammer to find dominance in the space.
By the end of Q4 of this year, m-commerce will grow by 91.1 per cent in China, exceeding $50bn in revenue. One company in particular are leading the business of m-commerce. The Alibaba Group (who is also preparing for one of world's biggest ever IPOs) are the single dominant force of both e-commerce and m-commerce in China.
The global e-commerce economy is growing at a rapid pace, and with this growth, we're seeing significant changes in the way merchants and consumers are choosing to do business. Whereas to date cards have been king, new research reveals that within the next four years, we'll start to see alternative payment methods make up the majority of online purchases.
Effective search can be a game changer for marketers, as search can now provide a powerful tool to support the customer journey and respond to customer needs. Customer expectations of search have fundamentally transformed over the last five years, with browser searches expected to be clean, clear, accurate and immediate.
The Chancellor's Autumn Statement recently announced that increases in business rates will be capped at 2% in England, instead of being linked to inflation. Business rates were set to rise by 3.2% in 2014, based on September's Retail Prices Index measure of inflation but as a result of the cap businesses are expected to save up to £3,375.
Many technology companies assume that everyone out there "speaks the same language" as they do. In the NoSQL and big data arena, there is a lot of confusion and hype. Buzz words like "unified data," "valuable insights," " horizontally scalable," and "heightened availability" have many CIOs scratching their heads in confusion trying to determine what they need in their own particular business model.
It seems that hardly a day goes by without another high street retailer biting the dust. It's no secret that the traditional retail sector is in deep trouble, and it's clear from news of the closure of Jessops and the recent administration of HMV and Blockbuster that the troubles are real and present.
If there's one keyword at the centre of the burgeoning fashion and tech scene at the moment, it's 'shoppable'. Just as retailers and brands get a grasp on how to handle content, it's commerce that begins to drive the sector forward again - undoubtedly the effect of greater need for ROI within the social space.