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raangel

10/29/14 1:26 PM

#23921 RE: NYC Trader #23920

The potential here is HUGE

According to eMarketer’s latest forecasts, worldwide business-to-consumer (B2C) ecommerce sales will increase by 20.1% this year to reach $1.500 trillion. Growth will come primarily from the rapidly expanding online and mobile user bases in emerging markets, increases in mcommerce sales, advancing shipping and payment options, and the push into new international markets by major brands. business-to-consumer (B2C) ecommerce sales will increase by 20.1% this year to reach $1.500 trillion



At $600 billion a year in sales, food and beverage is by far the largest retail category in the U.S. by a wide margin. However, it's also the category that has been the least disrupted by e-commerce; less than 1% of food and beverage sales currently occur online, according to BI Intelligence's estimates. But shopping habits are changing, and niche online grocery services that compete on convenience and selection are gaining traction. Meanwhile tech giants like amzn are fronting the cost of expensive delivery infrastructure that has so far held back grocery e-commerce.
http://www.businessinsider.com/e-commerce-is-disrupting-grocery-market-2014-10



haven't even factored in MMJ yet..

INAR