| 20% of Retail Sales in Mexico Will Be Online By 2018 Mexico News Daily | |
| go to original July 10, 2014 |
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Online commerce will represent almost one-fifth of all retail sales in Mexico by 2018, forecasts the consultancy Euromonitor International. The increase will be the result of increased Internet availability and growth in the number of smartphones and tablets, as well as increased practicality.
Sales by Internet and by telephone will grow 12% in the next five years and will represent 19% of the revenues of commercial chain stores. In 2013 that figure was 7%.
The number of Mexicans connected is expected to rise from the current 41% to 52% in four years, said Euromonitor analyst Ingrid Belmont.
Walmart launched its online store in 2013 and reported more than 28 million visits after seven months of operation. Its other portal, Superama, recorded 7.5 million users last year on its website and through its mobile applications.
Read the rest at Mexico News Daily
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