Today’s Top Ecommerce News

Digital Travel Sales Mature Worldwide (eMarketer)
“Consumers across the world are becoming more comfortable making purchases on the internet, and digital travel sales are beginning to mature on a global basis. eMarketer develops digital travel sales estimates as a subset of business-to-consumer (B2C) ecommerce for 19 global markets, and according to our January 2014 forecasts, only three of those markets will still see double-digit growth rates by 2017: China, India and Italy. China’s robust 20.0% growth rate will be a significant outlier, with Italy and India increasing at 11.5% and 11.1%, respectively. We expect Spain to be the only other country growing faster than 7% in 2017.”

5 Niches for a New Ecommerce Business (Practical Ecommerce)
Starting an online retail business begins with knowing what products to sell. Entrepreneurs have many reasons for starting an ecommerce business. For some, they have a passion for a particular product, product category, or hobby. Knowing what to sell is an integral part of the plan from the start. But other entrepreneurs may be more passionate about online marketing or customer service than about a particular product category. For them, finding a niche is not so much about following a dream as finding a potentially profitable industry segment. In this article, I’ll offer ideas for five potentially profitable niches for 2014: automotive, consumer electronics, jewelry, apparel, and toys, hobby, and game industry segments.”

India’s first e-Commerce store to accept Bitcoin only as a payment method (Daily News & Analysis)
Established in December 2013, an online retail marketplace HighKart.com will be the first e-commerce website in India to accept ‘Bitcoin payment’ for products. Their objective is to make purchasing easy and secure for anybody who has internet access. Today, they are present across various categories including mobiles, cameras, and computers with a lot more to come. Amit Kumar (31) is the CEO of the company. He has over 10 years of experience in IT and related business fields and has worked with IT giants like Infosys in the past to cater to large corporations like Boeing and Verizon. He recently developed the SMS-based systems and application for telecom in India.”

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