China is one of the fastest-growing economies in the world, and consequently, its vast population has a higher percentage of disposable income to spend than ever before. The Chinese penchant for luxury items, and particularly western brands, is making it an attractive pool of income-rich consumers. How can UK eCommerce merchants successfully tap into this market?
Over the past few years, the European Commission has been examining the competitive environment for online commerce in the eurozone. This is due to the widely held view that e-commerce is the best way to transcend national borders and enable businesses and consumers to get the most out of the European Single Market.
What's wrong with newspapers? We could spend the next year struggling to answer the question, while traipsing through the undergrowth of the internet, of consumer tastes and news appetite, and of the competition for time, money and advertising. Newspapers are, of course, a format, not a media channel.
Even a decade ago, using a vibrator or (worse!) a male mastubator was an admission of failure, a last resort for the losers in love who had given up on ever having an actual flesh-and-blood relationship. All the lonely people, the Beatles nearly sang, where do they go to come? But now, according to research, the sex toy market is worth an estimated £250m a year in the UK.
The future of the high street isn't a debate that is set to run out of steam any time soon. From deliberations in Westminster about whether ecommerce is the saviour of bricks and mortar stores through to the financial results of some of the best-loved names on the high street being analysed or the implementation of Mary Portas's recommendations, all eyes are on the retail sector.