Consumer Electronics Account for 40% of B2B E-commerce Marketplace DHgate.com's Sales

BEIJING, March 30, 2016 /PRNewswire/ -- B2B e-commerce marketplace DHgate.com serves over 10 million buyers every year, with consumer electronics comprising 40% of total sales, making it DHgate.com's top product category in terms of sales volume.

The growing demand for quality consumer electronics products at lower prices is enticing more and more business buyers to make the switch to using B2B e-commerce for their product sourcing needs. DHgate.com's popularity among business buyers is growing rapidly; at the end of 2015, DHgate.com reported a 46% year-over-year business buyer lifecycle, and that a transaction had taken place on their site every three seconds.

'CONSUMER ELECTRONICS SOURCING'

The American market's hunger for consumer electronics is evident; in 2016, every generation of people is now using tech products, and no one wants to pay a fortune for them. Texas is now the number one state for consumer electronics purchases, with 14% of all smartphones sold off DHgate.com going to buyers in Dallas alone.

DHgate.com's number one consumer electronics product in terms of sales is the self-balancing scooter, followed by smartphones, tablets, 3D VR glasses, smart watches, headphones, and TV boxes.

'B2B TRENDS'

According to PFSweb, B2B e-commerce is growing at 19% per year, and 74% of B2B shoppers say buying from a website is more convenient than buying from a sales representative. 27% of all global B2B sales are expected to have an online component in the next five years. Global B2B e-commerce will be worth $6.7 billion by 2020, as opposed to B2C which will only be worth $3.2 trillion.  

'ABOUT DHgate.com'

DHgate is the oldest and the biggest transactional cross border B2B e-commerce marketplace in China. We aim to provide global buyers with quality products at competitive prices. Founded in 2004, DHgate.com has approximately 10 million global buyers from 230 countries and regions, with 1.2 million global sellers offering 33 million product listings. Our business enables buyers to directly access global manufacturers of the world's top brands with rich product selections. DHgate is an all-in-one platform with integrated services for international logistics, cross border payments, internet financing, etc. DHgate.com's US product distribution warehouses allow for 24 hour delivery and convenient product returns & refunds, bringing great convenience to US buyers at http://www.dhgate.com. For more information please e-mail [email protected] or call +86-10-8202-8870 x2398.

SOURCE DHgate.com

Related Links

http://www.dhgate.com