The global consumer electronics market is projected to grow from 689.45 billion USD in 2020 to 989.37 billion USD by 2027*. The growth is driven not only by the rapid rise in internet access in emerging markets but also the increased demand for new consumer technologies in developed markets, fuelled in part by people continuing to work from home in what is now the new normal..
However recent economic challenges across Europe have begun to impact consumer behaviour and prompted individuals to spend more cautiously. How can consumer electronics sellers balance these challenges and opportunities, shore up their digital transformation strategy and ecommerce operations; and use technology intelligently to support customer retention, growth and profitability during economic turbulence?
Register to view the on demand of Consumer Electronics Commerce, a half day virtual event that provided consumer electronics brands and retailers with:
- Ecommerce insights and best practices from industry experts
- Tips on multi-channel strategies and optimising your digital marketing
- Insights from a ChannelAdvisor client, on how they were able to open up new revenue streams
- Advice on making smarter, data driven decisions to maintain profitability in a challenging economy