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The market went up to $12.6 billion in 2013. In 2013, the e-retail segment was worth US$2.3 billion. About 79% of India's e-commerce market was travel related in 2013. [11] According to Google India, there were 35 million online shoppers in India in 2014 Q1 and was expected to cross 100 million mark by end of year 2016. [12]
This figure has been consistent for the last few years (ranging between 58% and 69%). Moreover, US respondents asked in the survey listed free shipping (54% mentions) as a most important factor for online shipping. Next in line were exclusive online deals (23%), no sales tax (10%), fast shipping (9%) and in store pickup (5%). [3]
Online shoppers spent $942 million to make Free Shipping Day the third highest spending day of the 2010 holiday season, [3] ultimately boosting online sales 61 percent from 2009. [4] In 2011, Free Shipping Day became a billion-dollar shopping holiday with $1.072 billion in sales, [ 5 ] followed by $1.01 billion during Free Shipping Day 2012.
Amazon is raising its free shipping threshold for some customers.
The usual $25 threshold for free "Super Saver" shipping is going up to $35, effective immediately. "Amazon's minimum order size for free shipping has changed to $35," the company said in a brief ...
Uniqlo (유니클로) generated more than 2 billion won ($1.7 million) in one day's sales on 11 November 2011 when it opened Asia's largest flagship store in central Seoul. The sales figure was the highest ever set by a fashion outlet in Korea. Uniqlo earns over US$1.2 billion in annual revenue with 134 shops in South Korea. [35]
It is fully owned by the company Fast Retailing, which is better known as the owner of the retail chain Uniqlo. The name is a pun of the word jiyū (自由), meaning "liberty, freedom" (from high cost clothing). Its signature product is a pair of jeans, which costs 990 yen. As of November 2023 there are 472 locations. [2]
Shipping costs (if applicable) reduce the price advantage of online merchandise, though depending on the jurisdiction, a lack of sales tax may compensate for this. Shipping a small number of items, especially from another country, is much more expensive than making the larger shipments bricks-and-mortar retailers order. Some retailers ...