Online File W3.1 Some Current Trends in B2c Ec

Total Page:16

File Type:pdf, Size:1020Kb

Online File W3.1 Some Current Trends in B2c Ec M03_TURB9235_03_SE_WC03.QXD 8/13/10 8:11 PM Page W3.1 ONLINE FILE W3.1 SOME CURRENT TRENDS IN B2C EC Some important trends in B2C EC need to be noted at this point. First, many offline transactions are now heavily influenced by research conducted online, with approximately 85 percent of online shoppers now reporting that they used the Internet to research and influence their offline shopping choices (Jupitermedia.com 2006). Furthermore, it is estimated that by 2010, the Internet will influence approximately 50 percent of all retail sales, a significant increase over just 27 percent of all sales in 2005 (Jupitermedia.com 2006). Thus, multichannel retailers, those that have a physical presence and an online presence, seem destined to be the winners. They support the convenience of online research and sales, offer excellent order fulfillment and delivery if the sale is completed online, and enable customers to touch and feel and try on an item in a physical store. The need and opportunity to integrate offerings across all channels and to seek incentives for cross-channel sales is seen as an important development in the future (Mulpuru 2006). This becomes extremely important as the number of online shoppers reaches saturation, and successful e-tailers will be those who are able to increase the spending of existing buyers rather than purely focusing on attracting new buyers (Jupitermedia.com 2006). Another trend in B2C is the use of rich media in online advertising. For example, virtual reality is used in an online mall (Lepouras and Vassilakis 2006). Scene7.com is a leading vendor in the area. Finally, the use of cell phones to shop online is increasing rapidly. For example, in Japan about 25 percent of all B2C is done from cell phones (see Online File W3.1.1). M03_TURB9235_03_SE_WC03.QXD 8/13/10 8:11 PM Page W3.2 W3.2 Part 2: Internet Consumer Retailing Online File W3.1.1 Mobile B2C Shopping in Japan Although EC in Japan is only 20 percent of that in the United States, m-commerce in Japan is growing exponentially and now represents the largest amount of m-commerce sales in the world. Over 60 million Japanese are using their cell phones to buy while riding the trains—even their train tickets. Such shopping is popular with busy single parents, executives, and teenagers (who are doing over 80 percent of their EC shopping from cell phones). Cell phones allow direct communication with consumers; they are the ultimate one-to-one channel (see Chapter 4). Traditional retailers in Japan, such as 7-Eleven and I Holding Company, have been losing millions of customers to Web shopping companies such as Rakuten Inc. A group of convenience stores and 7-Eleven Japan Co. have set up 7dream.com, offering online services for music, travel, tickets, gifts, and other goods to its 8,000 7-Eleven stores in Japan. Meanwhile pure m-commerce operators such as Xavel Inc. (branding.jp) are growing rapidly, forcing traditional retailers, such as Marui department stores, to expand their e-commerce to include m-commerce. A major contributor to the success of m-commerce is the spread of 3G high-speed mobile phone services that are offered on a flat-fee (e.g., monthly) basis. According to the Daiwa Institute of Research (reported by Izumi 2006), impulse shopping accounts for most of the purchases that are done on mobile phones, but only if the shoppers are using a flat-fee-based service. Sources: Compiled from Izumi (2006) and PBS.org (2006). REFERENCES FOR ONLINE FILE W3.1 Izumi, S. “Mobile Commerce Seen as Retailer’s Next Lepouras, G., and C. Vassilakis. “Adaptive Virtual Big Thing.” Japan Times, September 20, 2006. Reality Shopping Malls,” in Khosrow-Pour (2006). Jupitermedia.com. “JupiterResearch Forecasts Online Mulpuru, S. “2005 U.S. eCommerce: The Year in Retail Spending Will Reach $144 Billion in 2010, a Review.” Forrester.com. forrester.com/Research/ CAGR of 12% from 2005.” June 6, 2006. Document/Excerpt/0,7211,38809,00.html jupitermedia.com/corporate/releases/06.02.06- (accessed February 2009). newjupresearch.html (accessed February 2009). PBS.org. “B2B Japan.” Nightly Business Report, January 9, Khosrow-Pour, M. (Ed.). Encyclopedia of E-Commerce, 2006. pbs.org/nbr/site/research/educators/060106_ E-Government, and Mobile Commerce. Hershey, PA: 04b (accessed February 2009). Idea Group Reference, 2006. ONLINE FILE W3.2 Application Case CATTOYS.COM, A SPECIALTY E-TAILER CatToys.com is a specialized e-tail site that sells cat Marketing is mostly accomplished through search engines toys. Its Web site (cattoys.com) is designed to appeal to and an affiliate program in which any cat lover can par- cat enthusiasts, with cat images everywhere and informal ticipate. The site has no membership or personalization typefaces to put buyers at ease. It has no banner ads, is features. easy to navigate, is updated weekly, and displays CatToys.com hosts its site through Yahoo!’s products in clear categories. The company’s retail prices Merchant Solutions (smallbusiness.yahoo.com/ are comparable with those of other pet stores and are ecommerce). This allows it to use sophisticated tech- kept low through aggressive cost control. Buyers can nologies (e.g., cookies for the shopping-cart process and receive discounts by donating cat toys to animal shelters. payment security) and have access to a large audience. (continued) M03_TURB9235_03_SE_WC03.QXD 8/13/10 8:11 PM Page W3.3 Chapter Three: Retailing in Electronic Commerce: Products and Services W3.3 ONLINE FILE W3.2 (continued) Because Yahoo! takes care of the Web site technology, Questions CatToys.com can concentrate on its core competency— selecting the right cat toys and marketing them effec- 1. Visit cattoys.com and examine the company’s tively. CatToys.com is an example of a low-volume revenue model. specialized store that attracts people with specific 2. Examine the relationship between cattoys.com and shopping needs. dogtoys.com. These two URLs are owned by the same A sister company is dogtoys.com, which offers company. Why do they have separate URLs for each similar services including gift certificates and the product, whereas Amazon.com is adding more ability to earn points. Both companies are evaluated products under one URL? at epinions.com. REFERENCES FOR ONLINE FILE W3.2 cattoys.com (accessed November 2009). embracepetcommunity.com (accessed November dogtoys.com (accessed November 2009). 2009). ONLINE FILE W3.3 Application Case GATEWAY’S “BOOK-IT-IN-THE-BOX” E-TRAVEL SOLUTIONS Gateway, Inc., a Fortune 500 computer manufacturing The results have been dramatic. The company company that employs 21,000 people globally, with sales projected $1.2 million in savings over the first 12 months and support centers on four continents, focuses on meet- of usage. A critical part of installing new software was ing clients’ technological needs through strong customer gaining employee acceptance. This can be especially tricky relationships. The company was purchased by Acer, a when it comes to corporate travel, because employees fear Taiwanese multinational electronics manufacturer in that they may be forced into uncomfortable or unfamiliar August 2007. travel habits. Gateway phased in the new program over a In 2002, the company’s travel expenses exceeded month and was successful in achieving employees’ behav- $10 million and were growing. Gateway took a proactive ioral change due to a number of factors: careful communi- step to address these operating costs by implementing an cation about the initiative, guiding employees through the Internet-based travel management service for its domestic process, and responding to employees’ questions. Teams travelers. With solutions from e-Travel (e-travel.com), from e-Travel and Gateway worked together to deliver a Gateway implemented the “Book-It-in-the-Box” travel pro- variety of useful tools to benefit employees, including gram. With this application, Gateway employees can plan, in-person and Web-based training sessions and placing a book, and purchase complete travel itineraries, including air, Book-It-in-the-Box icon on computer desktops company- car, rail, and hotel, using a standard Web browser. Also, the wide. E-Travel’s reservations were integrated with the company can incorporate the elements of its travel program, global distributions system of Gateway’s travel agency, including travel policies, preferred suppliers, and negotiated Rosenbluth International’s Senior-Level Management’s rates, into an Internet-based self-service system for travel Acceptance, which further validated the use of the planning and purchasing. program. Future initiatives will bring even more travel (continued) M03_TURB9235_03_SE_WC03.QXD 8/13/10 8:11 PM Page W3.4 W3.4 Part 2: Internet Consumer Retailing ONLINE FILE W3.3 (continued) functions online, including full integration with the travel Questions agency’s technology, rollout of e-Travel’s pretrip approval function, international bookings, and wireless access. 1. What category of e-commerce is this? E-Travel Mobile will give traveling employees the ability to 2. Identify the areas in which cost savings have mate- update existing travel plans, book new ones, and obtain rialized for Gateway. flight status. The wireless program will help Gateway 3. How was employee participation achieved? achieve its goal of 100 percent agent-free travel bookings. REFERENCES FOR ONLINE FILE W3.3 e-travel.com (accessed February 2009). gateway.com (accessed February 2009). ONLINE FILE W3.4 Application Case THE EUROPEAN JOB MOBILITY PORTAL (EURES CV-SEARCH) AND XING.COM EURES CV-Search (ec.europa.eu/eures) is an electronic ◗ Job-related news meeting point for employers and job seekers. Job seekers ◗ Personalized pages and accounts for applicants and can use the site to introduce themselves to employers; employers employers can use the site to find and contact promising ◗ Employment statistics candidates.
Recommended publications
  • 151016 CB China Power of Retailing 2015 CN.Docx
    China Power of Retailing 2015 China Power of Retailing 2015 1 Foreword 2015 has witnessed the recovery of a global economy and the gradual stabilization of a real economy in China. While the Eurozone economy continues to improve, the differentiation among its economies remains noticeable. “Abeconomics” throws Japan into deep recession. The United States of America, as the only exception, enters the trajectory of a strong recovery and the US dollar has appreciated sharply against other major world currencies. Its well-anticipated rise in interest rate in the fourth quarter forebodes an accelerated devaluation of currencies in most emerging economies. As a result, the pressure on devaluating RMB is mounting. With a slowed growth rate, the Chinese economy has arrived at the stage of new normal. The YoY growth for the first half of the year lingers around 7%, hindered by the deceleration of the three engines that used to propel GDP growth – a sluggish export, a slow growth in investment and a domestic consumption that continues to fall behind expectation. Although the growth rate of the total retail of consumer goods has dropped, it has far outpaced the domestic industrial growth. With the consumer confidence seeing constant improvement that will further free up consumption potential, consumption is expected to continue pulling the economy in the future. A continued fall in oil prices has offset the inflationary pressure, curbing the inflation at a lower level to make room for executing a lax monetary policy. To further boost investment and consumption, and reduce enterprise financing costs, the government has gradually redirected its macro economy from “stabilize growth and adjust structure” to “ensure growth,” making the lowering of interest rate and reserve ratio possible in the second half of the year.
    [Show full text]
  • NI Food Producers Guide Dairy Council
    www.nigoodfood.com | Food Producers Guide 1 The People Who Rear, Grow and Make Our Great Local Produce Local Our Great and Make Grow Who Rear, The People 2015 Guide NI Producers Food Food NI Limited Belfast Mills 71-75 Percy Street Belfast, BT13 2HW Tel: +44 (0)28 9024 9449 Email: [email protected] Web: www.nigoodfood.com Food NI @Food_NI www.nigoodfood.com | Food Producers Guide 1 2015 Food NI Producers Guide 2 www.nigoodfood.com | Food Producers Guide Who we are Thanks for picking up this booklet. In case you’re wondering who’s behind it, let us tell you. We are Food NI/Taste of Ulster. We’re all about showcasing the finest food and drink from Northern Ireland. We promote the people who produce it and distribute it to shops and catering outlets. We believe we have world-class ingredients and chefs and we work tirelessly to get that message out near and far. Our producer members represent everyone from the small artisan to the large scale distributors. We have the full support of the Northern Ireland agri-food industry. Our board of directors include all the major stakeholders. The sheer quality of our food and drink has been a secret for far too long. We create showcases for Northern Ireland food at key food events throughout the year. These are where producers can sell what they make and advertise their services. We’re constantly in touch with the media, telling them about what are members are doing. We’re in the papers, on TV and radio and of course, we’re never done updating our website, Facebooking and Tweeting.
    [Show full text]
  • RISKS of SOURCING SEAFOOD in HONG KONG SUPERMARKETS 2019 Every Retailer in the City Must Take a Lead to Help Transform Hong Kong Into Asia’S Most Sustainable City
    RISKS OF SOURCING SEAFOOD IN HONG KONG SUPERMARKETS 2019 Every retailer in the city must take a lead to help transform Hong Kong into Asia’s most sustainable city The United Nations’ recent global assessment on biodiversity and ecosystem services sounded a warning that around one million species already face extinction, many within decades, unless action is taken to reduce the intensity of drivers of biodiversity loss. More than a third of all marine mammals are currently threatened. Without proper management of fishing practices and transparent seafood supply chains, there will be degradation of natural habitats and a drop in food security levels in seafood. Ultimately, it will affect the profitability of all businesses that rely on seafood. Hong Kong is the second largest per capita consumer of seafood in Asia. We import over 90% of our seafood from over 170 countries and territories around the world. Our seafood choices affect marine fisheries resources worldwide. As Hong Kong supermarkets play an increasingly important role in supplying seafood to consumers, they can also be crucial in making sustainable seafood more publicly accessible. In October 2016, WWF-Hong Kong published the first report detailing how local supermarket giants were selling globally threatened species and seafood products associated with environmental, social and legal problems. By documenting their existing practices and educating supermarkets about the impacts of their seafood sales on marine resources and our oceans, we sought to raise public awareness and collectively encourage them to set up a comprehensive sustainable seafood procurement policy. There are 29 chain supermarket brands in Hong Kong owned by a total of nine groups or companies comprising over 70% market share in the city’s food retail sector.
    [Show full text]
  • The Changing Face of Hong Kong As a Market for Australian Fresh and Processed Vegetables
    Product to business - the changing face of Hong Kong as a market for Australian fresh and processed vegetables S Favero, et al Ausveg Project Number: VG00098 VG00098 This report is published by Horticulture Australia Ltd to pass on information concerning horticultural research and development undertaken for the vegetable industry. The research contained in this report was funded by Horticulture Australia Ltd with the financial support of Ausveg. All expressions of opinion are not to be regarded as expressing the opinion of Horticulture Australia Ltd or any authority of the Australian Government. The Company and the Australian Government accept no responsibility for any of the opinions or the accuracy of the information contained in this report and readers should rely upon their own enquiries in making decisions concerning their own interests. ISBN 0 7341 0345 X Published and distributed by: Horticultural Australia Ltd Level 1 50 Carrington Street Sydney NSW 2000 Telephone: (02) 8295 2300 Fax: (02) 8295 2399 E-Mail: [email protected] © Copyright 2002 Horticulture Australia A* A AustraliaAustralian ^^ Vegetable & Potato Growers Federation PRODUCT TO BUSINESS the changing face of Hong Kong as a market for Australian fresh and processed vegetables Project VG00098 Report Report prepared by Silvio Favero, chairman, Ausveg Brian Newman, executive officer, Ausveg Jonathan Eccles, senior program manager, Horticulture Australia Ltd May 2001 RMB 5307, McCombc Road. Strathbogie, Vic.3666 Australia Telephone 61 (03) 5790 5247 Facsimile
    [Show full text]
  • Retail Format Competition: the Case of Grocery Discount Stores and Why They Haven’T Conquered the Chinese Market (Yet)
    MORAVIAN GEOGRAPHICAL REPORTS 2018, 26(3):2018, 220–227 26(3) Vol. 23/2015 No. 4 MORAVIAN MORAVIAN GEOGRAPHICAL REPORTS GEOGRAPHICAL REPORTS Institute of Geonics, The Czech Academy of Sciences journal homepage: http://www.geonika.cz/mgr.html Figures 8, 9: New small terrace houses in Wieliczka town, the Kraków metropolitan area (Photo: S. Kurek) doi: 10.2478/mgr-2018-0018 Illustrations to the paper by S. Kurek et al. Retail format competition: The case of grocery discount stores and why they haven’t conquered the Chinese market (yet) Sina HARDAKER a * Abstract The international expansion of the German discounters Aldi and Lidl in recent years has been a large success in grocery retailing. In China, the world’s largest grocery retail market, however, grocery discounters have not (yet) established a physical store presence. In 2017 Aldi Süd and Lidl for the first time entered a new market without the help of a physical store, implementing an online shop in China. As to the format’s future, significant disagreement amongst retail experts exists. This paper, which is based on qualitative interviews with high-ranking senior executives of international retailers, argues for three major reasons as to why the discount format has not hitherto gained a foothold in the Chinese market. Firstly, due to the characteristics and challenges of China’s market, such as high fragmentation as well as the need for strong localisation, a high standardisation of the format is not possible. Secondly, the extremely low-margin operation of discounters faces a price level in China that is already very low, limiting one of the discounter’s major competitive advantages.
    [Show full text]
  • Wikipedia List of Convenience Stores
    List of convenience stores From Wikipedia, the free encyclopedia The following is a list of convenience stores organized by geographical location. Stores are grouped by the lowest heading that contains all locales in which the brands have significant presence. NOTE: These are not ALL the stores that exist, but a good list for potential investors to research which ones are publicly traded and can research stock charts back to 10 years on Nasdaq.com or other related websites. [edit ] Multinational • 7-Eleven • Circle K [edit ] North America Grouping is by country or united States Census Bureau regional division . [edit ] Canada • Alimentation Couche-Tard • Beckers Milk • Circle K • Couch-Tard • Max • Provi-Soir • Needs Convenience • Hasty Market , operates in Ontario, Canada • 7-Eleven • Quickie ( [1] ) [edit ] Mexico • Oxxo • 7-Eleven • Super City (store) • Extra • 7/24 • Farmacias Guadalajara [edit ] United States • 1st Stop at Phillips 66 gas stations • 7-Eleven • Acme Express gas stations/convenience stores • ampm at ARCO gas stations • Albertsons Express gas stations/convenience stores • Allsup's • AmeriStop Food Mart • A-Plus at Sunoco gas stations • A-Z Mart • Bill's Superette • BreakTime former oneer conoco]] gas stations • Cenex /NuWay • Circle K • CoGo's • Convenient Food Marts • Corner Store at Valero and Diamond Shamrock gas stations • Crunch Time • Cumberland Farms • Dari Mart , based in the Willamette Valley, Oregon Dion's Quik Marts (South Florida and the Florida Keys) • Express Mart • Exxon • Express Lane • ExtraMile at
    [Show full text]
  • To: ASMI Board of Directors & Committee Members
    TO: ASMI Board of Directors FROM: Alexa Tonkovich, International Marketing Program Director RE: International Program Report This report covers activities occurring in the second quarter of FY 15 and provides a general update of International Program progress. ASMI International has received its U.S. Department of Agriculture (USDA) Market Access Program (MAP) allocation of $4.16 million. ASMI International is participating in several USDA Global Based Initiatives (GBIs) with other cooperator groups, notably a collaborative U.S. seafood initiative in China and a GBI focused on sustainability outreach in the EU. ASMI International has applied for additional federal funds through the USDA Emerging Markets Program (EMP). Funds would allow industry to explore emerging markets in Southeast Asia (Thailand, Vietnam, Indonesia, Malaysia and the Philippines). ASMI International is continually monitoring the political and economic situation in Russia and the Ukraine. Given limited promotional opportunities in this market, ASMI’s Eastern European representative has conducted market exploration and trade servicing activities in other Eastern European markets, as identified by ASMI’s International Marketing Committee (IMC). TRADE SHOWS CONXEMAR took place October 7-9, 2014. Seven companies utilized the ASMI pavilion including Alaska seafood producers/exporters and local distributors. Approximately $5 million dollars in sales were generated and 185 meetings were held. ASMI attended the China Fisheries and Seafood Expo November 5-7, 2014 in Qingdao. More than a dozen Alaska seafood companies were represented at the show, many of them working out of the ASMI booth. As always, ASMI hosted a reception at the show, serving a variety of Alaska seafood to more than 250 guests.
    [Show full text]
  • Grocery Retail Trends in Taiwan © Her Majesty the Queen in Right of Canada, Represented by the Minister of Agriculture and Agri-Food (2013)
    MARKET ACCESS SECRETARIAT Global Analysis Report Grocery Retail Trends in Taiwan November 2013 EXECUTIVE SUMMARY CONTENTS Taiwan has almost 24 million inhabitants and is considered to be Executive Summary ....................... 1 one of the largest economies in the world. Over the past 50 years, the country’s economy has transitioned from one that was Socioeconomic Overview ............... 2 agriculture-based into that of an industrial nation. Planet Retail is predicting continued, strong gross domestic product (GDP) growth Demographics ................................ 3 in the future. Grocery Retail Trends .................... 4 In comparison with the rest of the Asia-Pacific region, the Top Grocery Retailers and Taiwanese enjoy a high average gross annual income totalling Their Environment .......................... 5 US$18,070 in 2011, and a total consumer spending per capita of US$12,504 in that same year. In 2017, predicted total consumer Retailer Characteristics spending per capita may reach US $16,481. Total grocery spending by Channel ..................................... 7 in Taiwan, has gone from 28% of total consumer spending in 2009 to nearly 30% in 2012. Consumer Trends ........................... 9 Grocery retail sales growth in Taiwan has seen slower growth than Definitions ..................................... 12 overall retail sales, due in part to the maturation of the retail market. According to Planet Retail, food accounted for 47% of all retail sales Resources .................................... 13 in 1995, compared to 52% in 2011. Food price inflation was more than 4% in 2012. Increases in the price of fuel and electricity are likely to blame. Taiwan’s Ministry of Economic Affairs has stated that a 22% increase in vegetable prices has been another reason for the high inflation of food prices.
    [Show full text]
  • Strategic Retail Management Text and International Cases 3Rd Edition Strategic Retail Management Joachim Zentes • Dirk Morschett • Hanna Schramm-Klein
    Joachim Zentes Dirk Morschett Hanna Schramm-Klein Strategic Retail Management Text and International Cases 3rd Edition Strategic Retail Management Joachim Zentes • Dirk Morschett • Hanna Schramm-Klein Strategic Retail Management Text and International Cases 3rd Edition Joachim Zentes Hanna Schramm-Klein FB Wirtschaftswissenschaften, Universität Siegen Universität des Saarlandes Siegen, Germany Saarbrücken, Germany Dirk Morschett Universität Fribourg Fribourg, Switzerland ISBN 978-3-658-10182-4 ISBN 978-3-658-10183-1 (eBook) DOI 10.1007/978-3-658-10183-1 Springer Gabler Library of Congress Control Number: 2016954795 Springer Gabler © Springer Fachmedien Wiesbaden GmbH 2007, 2011, 2017 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, repro- duction on microfilms or in any other physical way, and transmission or information storage and retrieval, elec- tronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made.
    [Show full text]
  • Risks of Sourcing Seafood in Hong Kong Supermarkets
    1 ............................................................................................................................................................. .................................................................................................................................... Scope ............................................................................................................................................................................. 2 Background ................................................................................................................................................................... 3 .................................................... Avoid selling threatened species .................................................................................................................................. 4 Sustainable seafood targe promotion .......................................................................................................................... 4 Elimination of alleged human rights abuse ................................................................................................................ 4 Proper labels with detailed information (scientific name, country of origin & production method) ....................... 5 No harmful chemicals (including antibiotics) ............................................................................................................. 6 Public announcement of sustainable seafood procurement policy ...........................................................................
    [Show full text]
  • 3 Hong Kong Extends Sales of Sosim to Over 400 Watsons
    Press release 3 Hong Kong extends sales of SoSIM to over 400 Watsons and PARKnSHOP online and offline stores throughout Hong Kong $33 per card to enjoy 4G infinity* data with extra $40 Watsons cash coupons • 3 Hong Kong extends SoSIM sales to Watsons online and offline stores, allowing customers to buy and recharge SoSIM at over 400 Watsons and PARKnSHOP stores. • As of end of March 2021, SoSIM sales exceeded 300,000. • Starting today till 13 May, customers get $40 Watsons cash coupons^ upon purchase of SoSIMs at any Watsons stores. • Starting today till 30 April, MoneyBack members could enjoy up to $440 exclusive offers including $40 Watsons Cash coupons, 10x MoneyBack bonus points with extra benefits of online make-up class or one-on-one online consultation service by Watsons’ dietitian upon purchase of SoSIM at Watsons online or offline stores. • 3 Hong Kong launches new SoSIM mobile app, providing customers easy access to manage their accounts, check usage, recharge and buy service plans anytime, anywhere. Hong Kong, 14 April 2021 – 3 Hong Kong, the mobile arm of Hutchison Telecommunications Hong Kong Holdings Limited (HTHKH; stock code: 215) today announced its partnership with Watsons Hong Kong, Asia's No.1 health and beauty retail brand, to launch SoSIM prepaid cards at Watsons Hong Kong’s online and offline stores. Starting today, customers can buy and recharge SoSIMs at over 400 Watsons and PARKnSHOP stores throughout Hong Kong. In addition, 3 Hong Kong also launched the new SoSIM mobile app, allowing customers to manage their SoSIMs accounts, check usage, recharge and subscribe service plans with ease, furthering their digital mobile enjoyment.
    [Show full text]
  • 2015-16 Outlook for the Retail and Consumer Products Sector in Asia
    www.pwc.com 2015-16 Outlook for the Retail and Consumer Products Sector in Asia Foreword One doesn’t have to live in Shanghai or particularly active users of mobile products. Not a bad place to start for Mumbai to understand that the most technology and social media, and the global retailers looking for new paths dynamic markets – and many of today’s use of these technologies for to growth. most creative retailers – reside in Asia. purchasing, while still nascent, is Just this past November the Western bound to increase as screen size and I invite you to read this report to learn press was filled with stories touting security issues are resolved. In fact, more about the retail opportunities in China’s 2014 Singles Day sales of China will soon overtake the US as the Asia. Finally, I would like to express my US$9.3 billion, which beat out the world’s biggest retail market, and most great appreciation to Mr Chitranjan Dar combined US’s Black Friday and Cyber of the rest of the region will see retail of ITC Limited, Mr Weiming Cao of Monday shopping days by more than spending growth far in excess of the Hermès, Ms Lixia Tan of Haier, and Mr two times. global average over the next five Masaaki Kanai of Ryohin Keikaku, for years.3 their time and sharing their business The genius of Singles Day is that it’s the insights and visions. I am sure you will perfect microcosm for the scope and Then there is the urbanisation factor.
    [Show full text]