BEIJING, May 14 /PRNewswire-Asia/ -- Statistics from Tootoomart.com (http://www.tootoomart.com/ ) show that China's trading volume of online shopping (http://www.tootoomart.com/promotion/promotions.html ) has reached more than 46 billion Yuan in the first quarter of 2009. The revenue of the B2B (http://www.tootoomart.com/clearancezone/ ) e-commerce has decreased about 24.9%, largely under the effect of the global financial crisis, which has eroded the purchasing power of foreign businessmen. Due to a downslide in import and export trade, the revenue of e-commerce (http://www.tootoomart.com/promotion/electronics/ ) operators that rely on foreign trade enterprises as main customers, has also decreased.
(Logo: http://www.prnasia.com/sa/2008/12/200812192108.jpg )
Under this situation, e-commerce operators begin to adjust their business strategies to explore other countries' national market in order to maintain a stable revenue. Tootoomart.com is among such pioneers that, amid a difficult market, has enjoyed an increase in market share during the financial crisis, thanks to the success in its Japan and South Korea markets. Tootoomart.com has successfully transformed itself to a provider that is able to offer a comprehensive category of products, and has enhanced the quality of their services through enriching product lines and paying more attention to storage, after-sales services, logistics and so on. Tootoomart.com even classifies its products according to different specialties.
Although the first quarter is the traditional off-season for shopping and online trading (http://www.tootoomart.com/apparel/ ), and that the increase in sales volume was slower that before, the growth trend in online shopping remained obvious. The convenience of online shopping and competitive prices also attract more and more people to shop online. With the warm up of the export and import trade (http://www.tootoomart.com/promotion/mp3player/ ) and the improvement of the domestic market, the market for B2B e-commerce will achieve its V-transform in the near future. As one of the quick developing industries during a global depression, online shopping, including the C2C and B2C trading platforms (http://www.tootoomart.com/promotion/headset/index.html ), will gear their efforts to seize opportunities to extend their product lines and users scope.
