Retail And Wholesale Global Market Briefing 2017, Historic and Forecast Revenues 2012 – 2020, Covering: Africa, America, Asia, Europe, Oceania

Retail And Wholesale Global Market Briefing 2017, Historic and Forecast Revenues 2012 – 2020, Covering: Africa, America, Asia, Europe, Oceania

  • November 2016 •
  • 22 pages •
  • Report ID: 4348739 •
  • Format: PDF
Retailers provide the service of making goods available to consumers in convenient quantities and locations. Retailing involves buying from wholesalers or direct from manufacturers, breaking bulk, displaying goods for sale either physically or online, and sometimes delivery. Wholesalers are independent organizations in the distribution channel that buy in bulk and sell to resellers rather than to consumers. Both retailers and wholesalers take ownership of the goods and so bear the risk of carrying inventory. They also reduce the total number of transactions required for the process of transferring goods from manufacturers to consumers.

The largest geographic markets by consumption in the retail & wholesale market are Asia, Americas and Europe. Asia was the largest region in the retail and wholesale market in 2016, accounting for more than $10 trillion or more than 40% of the global market.

Big Data Analytics in Retail and Wholesale – The number of retailers using big data analytics is growing as they have started realizing that they need data to in order to know their customers and provide customized shopping experiences. The Swarm app, for instance, enables brick and mortar stores to analyze footfall so that they can make better decisions and tailor customer experiences. There is also the Collect platform which gives merchants insight into the spending habits of their customers, and so allows them to send personalized rewards and offers .
Loading...

We are very sorry, but an error occurred.
Please contact support@reportbuyer.com if the problem remains.