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Tootoomart.com Maintains Growth Trend in the Financial Crisis

2009-04-29 16:18 2203

BEIJING, April 29 /PRNewswire-Asia/ -- Statistics from Tootoomart.com (http://www.tootoomart.com/ ) show that the trading volume of online trading (http://www.tootoomart.com/freeshipping/ ) in the first quarter has reached about 47 billion, increased by 96.7% as compared with the same period last year. Analysts say that because the first quarter is the traditional off-sea for shopping, the growth rate was slower compared to other times of the year. The growth momentum in online trading has sustained in general, and even under the effect of the global financial crisis (http://www.tootoomart.com/clearancezone/ ), more and more consumers are attracted by the convenience of online shopping and its advantage in price. In a downturn environment, online shopping is one of the industries which develop quickly, with more online shopping platforms including B2C (http://www.tootoomart.com/promotion/promotions.html ) and C2C quickly capturing the opportunity to expand their product line and user resources. The slow increasing rate in the first quarter was affected by the off-sea, with many express companies being put out of business which led to the decline of many online stores. While the financial crisis affected consumers' purchasing power to some extent, experts believe the crisis will bring positive effect to online trading in the long run.

(Logo: http://www.prnasia.com/sa/2008/12/200812192108.jpg )

Tootoomart.com is changing its B2B platform to B2C while demonstrating its competitiveness to achieve a comprehensive development. B2B trade volume led the way and ranked first in the whole volume of Tootoomart.com in the first quarter. Recently, Tootoomart.com has paid special attention to the development of B2C, which has better development potential in the future. Tootoomart.com also notices that the leading B2C websites are all expanding their production line from the single products of apparel (http://www.tootoomart.com/apparel/ ) and electronics (http://www.tootoomart.com/promotion/electronics/) to more comprehensive products, such as guitar (http://www.tootoomart.com/promotion/guitar/ ), computers (http://www.tootoomart.com/promotion/computer.html ), headsets and so on. With the abundance of the production lines and the increasingly important role of logistics in trade, stock and post-sale have become key strategic factors. Based on these trends, Tootoomart.com intends to

re-classify its products according to their unique features.

For more information, please contact:

Tootoo.com

Tel: +86-10-9510-5561

Fax: +86-10-6589-2222

Email: service@Tootoo.com

Address: 19th Floor, Block One, Majestic Towers,

Gongti Dong Road, Beijing, 100020 China

Post Code: 100020

Source: Tootoomart.com
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