eCommerce Market Similarities and Differences in BRIC Countries

Post on 12-Jan-2015

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1) Brief overview of ecommerce trends in the developing countries. 2) Lessons from the top 10 sites and a starter for the panel discussion at eCommerce Brazil Forum 2013, with Yulia V Smirnova, CEO and Founder of CommerceBrain.com, (a consulting practice helping online retailers grow online sales and online shops go to market) and the 2 leading Latin American retailers (Dafiti and Buscape).

Transcript of eCommerce Market Similarities and Differences in BRIC Countries

@commercebrain #eCommerceBrazil2013

Similarities and differences

in eCommerce in BRIC

Yulia V SmirnovaCEO and Founder

CommerceBrain.com

@commercebrain #eCommerceBrazil2013

Similarities

@commercebrain #eCommerceBrazil2013

Market SIZE

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Market SIZE MATTERS

$25B

$11 to 38M

$38B

$443B

2015

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“Loco “ ….EccentricGovernment

@commercebrain #eCommerceBrazil2013

@commercebrain #eCommerceBrazil2013

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“Should we be making a list of bribes available to ease the process of the process?”

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Logistics MUST BE BUILT

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Payment “CASH, PLEASE”

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Differences

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Differences

Environment Culture

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Russia Giving It All for the Love of Beauty = (Fashion)

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China Eat Everything That Moves = Selling Anything You Want

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India Travel & Flying Carpet

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Brazil“A beleza é a felicidade”

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What can we learn from it all?

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Lessons LEARNED

① Tap into culture ② Solve what you can first (logistics)③ Adopt marketplace model (spread

risk)④ Partner up with competition⑤ Invest in technology and people⑥ Dare to be different from the status

quo = you are not your government

@commercebrain #eCommerceBrazil2013

2 BONUSES① List of top 10 BRIC

retailers• commercebrain.com

/topecommercesitesbricbonus

② Limited time free copy of upcoming book• commercebrain.com/

profitbook• contact@commercebrain.co

m

@commercebrain #eCommerceBrazil2013

What can we apply from it all?

Malte Hoffman Co-founder and Social Director

Pedro GuastiVP of Marketing and Intelligence