WCA eCommerce activate workshop 2017
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21-Feb-2017Category
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Transcript of WCA eCommerce activate workshop 2017
Activate
ACTIVATE
WITH
WCA eCommerce
SINGAPOREFEBRUARY 2017
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has some very BIG Numbers!
the Online economyGlobal eCommerce Sales Forecast to surpass 4Trillion US by 2020 growing average of 30% CAGR
Online Sales are 10% of total Worldwide Retail Sales & will double to 15% by 2020
China (38%), USA & UK accounted 68% of 2016 Global eCommerce Trade
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the Global Leaders
ASOSTescoJD.comAmazonFlipkartSnapDealGoogleAppleWalmartFacebookSocial NetworksAmazonAlibabaTmallTaobaoeBay2016Singles Day US17.8Billion
Thanksgiving, Black Friday & Cyber Monday US12.8Billion Omni-channel retailing, Global eTailers, Marketplaces, SME Networks
Note: Amazon & Alibaba represent a large percentage of 2016 resultsWeChatAmazonOttoZalando
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eCommerce Jan 2017
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Economic Growth Engine
Digital economy eCommerce Shipment Process involves 5 Critical links:-
Merchant/Individual (Seller) = ProductMarketplace Platform = Amazon, Ali, eBay, SMEs, othersPurchase (Buyer) = Customer (Anywhere/Anytime)Payment = mCommerce, Trusted Secure online optionsCross Border & Delivery = Logistics ProvidersFirst MileMiddle MileLast Mile
Press reported Maceys announced it will close 100 stores, Walmart 269 and Sears 230 due to drop in Store retail 2015-2016.
Amazon reported an increase of 97% & Alibaba doubled online sales same period in comparison.
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eCommerce Growth KEY Countries
Chinese Cross Border online purchases grew by 30% in 2016, US182Bn74% of Indians have shopped online from overseas in last 6mths60-78% people purchased online in last month. Top 10 Countries, not incl China & India
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The Global Shop
2016 Leading B2C Online Shopping Countries:China (38%) & USA (30%)UK, Japan, India, Germany, France & rest of World (32%)
Most popular overseas online shopping destinations
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Hyper-connected, Buy anything from anyone, anywhere
End-to-end information with costs accuracy and transparency
Speed of Fulfillment and consolidated ordering and delivery
Delivered when I want, where I want
Friendly and responsive Customer Service & Communication!
Same day delivery and on-demand delivery services rising
Real-time tracking, transparency of end-to-end process, 50% of Customers actively track delivery progress.
Preference Delivery service/options
Returns/ Reverse Logistics, handled with care!
Trusted Transactions, secure & speed of payments.New Economy is Consumer driven
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Cross Border Trade
30%2016 Global
Online Saleswere Cross Border ShipmentsForecast
202040%1Billion2020Cross Border Shoppers2020US 1TrillionCross Border B2C Sales8-10%Number of Global Paymentsexpected to
increase byeach year
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Cross Border Trade
2017 will see the rise of SMEs eTailers (online shopping platforms), Social-Commerce and B2B eCommerce Marketplaces.
Stats are showing almost 60% of online potential cross border purchases are abandoned due to the following:
Barriers:Complicated purchasing processPotential for unknown additional costsDuties & Taxes (No visibility)Long delivery times quotedCyber Fraud, unknown parties & payment methodsBrand and product not trusted Poor Shipping Delivery/Logistics Network/LMD CoverageVisibility of process and communication links
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eShippers are looking for:Hyper-local, uberized partners with strong local presence Optimized Consolidations, Fullfillment, Distribution & VisibilityClosest to Market shared & strategic placement of inventories.Accurate Customs process, D&T visibility, Door to Door convinience, speed of delivery, 360 visibility and Reverse LogisticsTrusted & simplifed PaymentsTransparency, uncomplicated and pro-active Communication
Cross Border shipping partners:Harmonization of processes Unification of agreed standardsSeamless Integration
Technology, Networks, People & Processes are key enablers!Logistics Industry FOCUS
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the Headliners
IoT, fastest growing Technology category. Smart (embedded intelligence) & internet connected, estimated IoT spending to top US1.29 Trillion by 2020, with 50B devices (IDC).
Blockchain, Drones, Self-driving, 3D Printing, AR & AI, Robotics, Chat-Bots & more
Crypto Payments
Fake News, Fake Products, FraudOmni-channel Retailing, eTailing, online/ offline world, Shareconomy, Marketplaces, Virtual Shopping.
Major eCommerce Shopping Events- Singles & Cyber November, Xmas & NY.
eB2B only just getting started
India, ramping up fast!
Big Data knows all... AI Marketing...
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WCA eCommerce Logistics Network
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WCA eCommerce Logistics Network
Membership Types:
WCA eCommerce Certification Program
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Membership
First Network of its type, facilitating global trade between merchants, vendors and LSPs; connecting buyers with sellers and logistics providers.
Members will be able to take advantage of acting as closest-to-Customer hubs and access points for cross-border trade.
Will operate as a certified, integrated, shared-economy network and specialty platform; focussing on eCom trans border Services for B2B, B2C,C2B,C2C.
Open to ALL existing WCA Network Members Companies and NEW Logistics and non-Logistics related entities.
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Contact your WCA Manager for more informationor W: www.WCAeCommerce.com
Sources: The Voice, We are Social SG, Transport Intelligence, eMarketer, ACMG, Nielsen, McKinsey, BCG, Internet Retailer, Forbes, Business Wire, Focus Economics.
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