Analysis of the current development of the e-commerce market in North America
发布时间：2024-05-21
In recent years, the development of cross-border e-commerce market is in a treacherous state. Some people see a ray of hope and seize the opportunity to rise to the challenge, while others feel that there is little hope. Research shows that the North American market is still one of the most dynamic and potential markets. To enter the North American market, it is very important to understand the current development of the North American market and formulate an effective business strategy.
Today, the U.S. e-commerce market is still a leader in the world. U.S. mobile e-commerce and social e-commerce growth is significant, social media e-commerce new business dividends are being released. At the same time, Canada, which is adjacent to the United States, also has great potential for the development of the e-commerce market. It is worth mentioning that Canada's efficient and convenient logistics and transportation and favorable tax rates are one of the important reasons for the continuous development of Canada's e-commerce market.
Amazon has the largest market share in both the U.S. and Canada. eBay is a close second in terms of visits and is also more popular with consumers in the U.S. and Canada. In addition, Walmart is also more active. As you can see, it's not easy to compete in the North American market to expand your business.
Image source: pixabay
When it comes to popular categories, consumer electronics, clothing, shoes and accessories have the strongest demand in North America, which is an important driving force for the development of e-commerce in North America. Due to Canada's proximity to the northern region, snow sports products are also more popular. Sellers who intend to develop their business in North America can select products according to the actual needs of the market.
In addition to the selection of products, for independent station sellers who want to tap into a larger incremental space in North America, it is also very important to choose the right acquirer. Qbit has launched an efficient, safe, and highly converted North American acquiring service, which provides enterprises in North America with localized payment methods supporting local cards and Cash APPs, with a wide range of coverage, which can be more in line with the payment habits of local users, reduce payment friction, improve payment success rate, and enhance the quality of the payment process. Qbit can provide acquiring service for independent stations in diversified fields to help enterprises reach more potential customers.
Overall, Qbit provides a more efficient, safer and smarter acquiring solution for North American independent website sellers, providing strong support for improving business efficiency and profitability, which also injects new vitality into the development of overseas enterprises in the international market.
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