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Reaching a Billion Buyers in Hong Kong

The numbers are in: Asia-Pac Is your brand ready to reach the next BILLION BUYERS in Asia-Pacific? and China are going to be the second largest e-commerce market by 2015. High on their shopping lists are Western product brands. But how can the hassles and costs of international shipping be overcome? Learn how using a Hong Kong warehouse to ship to Asia-Pac customers can help you reduce delivery time and costs and grow sales. Shipwire Direct-to-consumer e-commerce is growing in Asia-Pac 25% CHINA +12% JAPAN $63.9 $97.6 $169.4 $356.1 More Asia-Pac consumers online SOUTH 69% KOREA Japanese consumers $16.8 $26.4 58% Australian consumers 40% AUSTRALIA 58% by 2016 $23.2 $354 Chinese consumers E-commerce sales projections (in billions USD) 12012 I 2016 Compound Annual Growth Rate (CAGR) per year China alone will be the 2nd largest global e-commerce market by 2015 Product trends: Household annual spending by category In 2010: In 2020: (Estimate) China is currently the 3rd largest Food 28% Food 20% consumer market Apparel 12% Apparel 10% in the world, with 1.3 billion *: consumers Health Care 9% Health Care 10% Housing & Utilities 12% 10% Housing & Utilities Transportation 7% Transportation 13% 2nd largest by 2015 Communications 9% Communications 8% TOTAL= $1.55 Trillion $4.38 Trillion Between 2010 and 2020. 6% A large portion of lower-income households Disposable income per household will double from 51% will join the $4,000 to $8,000 mainstream Mainstream Affluent (134000- per year) I$16,000-33,999 per year) This means a viable Discretionary spending will market similar to that in the U.S. and rise to 13,4% across all income levels Europe has opened up in the Asia Pacific Brands locate inventory near Asia-Pac buyers to benefit from e-commerce growth The shipping prices for 20' containers on one popular ocean freight line rose $775 this year Most major carriers can't match the delivery time of shipping directly from Hong Kong $33.25 $33.25 $33.25 Singapore O Seoul O Shanghai O0 $77.83 $76.08 00000 $79.12 00000 $114.75 $126.81 $126.81 $53.14 $60.69 Tokyo O Sydney O0 $81.33 $86.59 $114.75 $126.81 Shipping from HONG KONG Cost with DHL Worldwide Express O-1 Day Shipping from Los Angeles with Shipping from Los Angeles with USPS Express Mail International =1 Day Global Express Guaranteed =1 Day Outsourced order fulfillment powers global brands When they order, the inventory is already close to them You just connect the fulfillment Send inventory to warehouses near your buyers system to your online ordering system -> The system auto packs and ships from the warehouse closest to each customer Buyers love your brand for fast and cheap shipping Hong Kong, the gateway to Asia-Pac sales growth Traditional supply chain is 6+ weeks with limited flexibility A Hong Kong warehouse means you control the product in days and have countless options Transported to a port Manufactured Loaded overseas on a ship Quickly transported to a Hong Kong warehouse Manufactured overseas Put through customs which can take days or weeks Delivered to receiving port Sailed across the Pacific Available for shipping Ship to your Resupply distributors to international warehouse in the customers US or elsewhere Finally shipped to your warehouse and available to customers, potentially several weeks later only to be shipped back to Asia-Pac customers Shipwire Enterprise logistics for everyone" TM Please contact us at: 1-888-SHIPWIRE www.shipwire.com Based on 10 Ibs. item(s), 10"x10"x10" before packaging, - 12"x12"x11" after packaging Sources data located at: www.shipwire.com/hongkonginfographic Copyright © 2004-2012 Shipwire, Inc.

Reaching a Billion Buyers in Hong Kong

shared by shipwire on Jul 25
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The infographic shows off many of the important reasons why Asia-Pacific is an interesting market for new and existing brands, and shows how it's now possible to reach this market - including Japan, C...

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