HONG KONG, February 11, 2014 /PRNewswire/ -- Brazil has long been a place of opportunity for e-commerce business; B2B e-commerce opportunities are increasingly becoming more favorable.
Brazil remains the largest market in the region by a wide margin and will remain so according to a report. E-commerce revenue in Argentina, Brazil and Mexico are expected to grow by 135% collectively, from $20 billion to $47 billion by 2018, according to a new report by Forester Research Inc. entitled, "Latin America Online Retail Forecast 2013 to 2018."
The booming B2C E-Commerce market has also greatly promoted this development. In Brazil, more consumers from lower income groups have begun to be comfortable shopping online. There were over 40 million online shoppers in Brazil in 2013, with the number topping 50 million by the end of 2013.
Cross-border online shopping was popular in Brazil, which greatly stimulates cross-border e-commerce business and brings more opportunities for the B2B e-commerce market. And the World Cup has really provided a boost to the Brazilian e-commerce segment, with a 27% increase in 2014 in relation to last year's figures.
Moreover, the globalization of markets, growing interpenetration of economies, rapid technological change, volatility of demand, wider variety of products available, faster delivery, quicker product development and low cost manufacturing indicate a new type of competitive environment.
Retailers are confident that e-commerce will flourish despite the hurdles. There is a great deal of optimism about the opportunity for e-commerce in the country going forward. As the demands of abundant product supply, effective delivery and offering comfortable online shopping journey, OSell, the supply chain on your desktop, has become a good global supply chain partner with localization services.
All of these factors are bringing more opportunities to retailers. This brand new supply chain of e-commerce updated in response to current trends will provide a wide range of categories of products with high quality and favorable prices.
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