Global Megatrend: Online Shopping
If you had been sleeping like Rip Van Winkle, no one can blame you. Things are moving so fast, sometimes things come as a blur and before you know it....it is game over!
You have probably heard by now, ad nauseam, almost daily that Ali Baba and the Forty Thieves are coming to town. Pun intended.
Alibaba, the online shopping behemoth from China is seeking to IPO (initial public offering) in the US equities markets. It has earnings exceeding the combined income of Amazon and Ebay. Imagined that!
Online shopping is on an upward spiral, globally. And if you had not noticed,the chart below will give you an idea of its trajectory:
Successful retailers in search of sales growth are increasingly going global by expanding their online-shopping operations in foreign countries, with China offering the choicest opportunity, says management consultancy A.T. Kearney.
So, now that you know what the megatrend is, prepare yourself to be a participant, not as a bystander. Wait for an opportune time to invest in Alibaba after its IPO in the US. If you had done the same when social media's darling, Facebook IPO'ed, waited and bought shares of FB, you would have done quite well today.
If investing in the stock market is not your cup of tea.....what and why are you waiting for?
Check out Market America already! JR Ridinger, CEO and President of this private company has grand plans to make Market America / Shop.com a global online brand as well as a global online destiny. It is already doing business in the US, Canada, Mexico, Australia, HK, Taiwan, Great Britain, Spain, Bahamas, Colombia, Ecuador, Dominican Republic, Panama, Singapore and New Zealand with Costa Rica, Chile and the Philippines coming soon.
Join the Global Megatrend - Online Shopping! Join Market America's growing family of shopping Consultants!
Market America will take off with you or without you.
- Jack Chang
If you had been sleeping like Rip Van Winkle, no one can blame you. Things are moving so fast, sometimes things come as a blur and before you know it....it is game over!
You have probably heard by now, ad nauseam, almost daily that Ali Baba and the Forty Thieves are coming to town. Pun intended.
Alibaba, the online shopping behemoth from China is seeking to IPO (initial public offering) in the US equities markets. It has earnings exceeding the combined income of Amazon and Ebay. Imagined that!
Online shopping is on an upward spiral, globally. And if you had not noticed,the chart below will give you an idea of its trajectory:
Successful retailers in search of sales growth are increasingly going global by expanding their online-shopping operations in foreign countries, with China offering the choicest opportunity, says management consultancy A.T. Kearney.
So, now that you know what the megatrend is, prepare yourself to be a participant, not as a bystander. Wait for an opportune time to invest in Alibaba after its IPO in the US. If you had done the same when social media's darling, Facebook IPO'ed, waited and bought shares of FB, you would have done quite well today.
If investing in the stock market is not your cup of tea.....what and why are you waiting for?
Check out Market America already! JR Ridinger, CEO and President of this private company has grand plans to make Market America / Shop.com a global online brand as well as a global online destiny. It is already doing business in the US, Canada, Mexico, Australia, HK, Taiwan, Great Britain, Spain, Bahamas, Colombia, Ecuador, Dominican Republic, Panama, Singapore and New Zealand with Costa Rica, Chile and the Philippines coming soon.
Join the Global Megatrend - Online Shopping! Join Market America's growing family of shopping Consultants!
Market America will take off with you or without you.
- Jack Chang
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