The government announc that the economic growth in the second quarter was only 0. , a quarter-on-quarter decline of 0. , resulting in negative growth. half of the year is still not optimistic and conservative.
The current severe challenges are particularly felt by traditional enterprises that rely on physical operations as their main survival model. However, while businesses should respond prudently, they can also think more and take the opportunity to look to the online world, maintain and enhance their competitiveness through digital transformation and development of e-commerce projects, and stay ahead of the industry.
Research on electronic consumption
in Hong Kong shows that the number of local. Consumers using online retail is expect to continue to grow from . million in 0 to . million in 0 . However. The penetration rate of electronic retail in the Hong Kong market is only. Lagging behind China ( ), Japan ( 9 ), the Unit States ( 8 ), and Europe (8 in the UK and in Germany) .
Keeping up with the pace of digitalization
In the early 000s, the concept of developing e-commerce through the Internet emerg . Unfortunately, the local government has not paid much attention to the development of online business. The reason is that Hong Kong’s physical business and consumption. Have always reli on the “geographical advantage” factor, and business and services are easily concentrat . However, in today’s chaotic situation, everyone consciously or unconsciously avoids going out to consume. On Saturdays and Sundays, they would bc data indonesia rather use their mobile phones to order foodpanda or Deliveroo takeaways at home for dinner, browse different online stores to buy high-quality products deliver directly, and the importance of online transactions can be seen.
Of course, the time to be the first to
benefit from the emergence of e-commerce has pass , but consider the services the company the above data tells us that what companies ne to seize now is the “take-off period” of e-commerce. For the huge potential customer base and the unoccupi local online market, setting uk data goals and positioning for their own companies and investing appropriate resources in them will help the overall business development.