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Online Shopping Growth In Recession Period

Recession makes a heavy impact on world’s economy. Most of business were either ruined or damaged by the recession. But, according to the latest survey of ‘Master Card Worldwide’ online shopping was more frequent and people spent more money on online shopping.

This was the second survey done on online shopping behavior. 5037 people across 10 countries Australia, China, Hong Kong, India, Japan, Singapore, South Korea, Thailand, UAE and South Africa were participated in this survey.

Also this latest, insightful report was based on the online shopping style of Asia, Middle East and Africa. This report revealed that online shoppers across this region spent an average of US$667 online. On starting phase of year, online shopping made 2 % growth. In online shopping, books and art products made 38 % sale, home appliances and electronic products made 37% sale and music stuff made 36% sale.

Hence, online shopping is growing tremendously despite of economic crisis. It is going so because this service offers convenience and ease of shopping to the buyers.

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