The report, “Wholesale Electronic Markets And Agents And Brokers Global Market Report 2018Including: Business to Business Electronic Markets; Wholesale Trade Agents And Brokers” offers the strategists, marketers and senior management with the necessary information they need for assessing well the global wholesale electronic markets and agents and brokers market.Agents and brokers of the wholesale electronic markets are the ones who are responsible for the purchase or sale of the goods owned by others, either on a fee or commission basis. The sector significantly involves business to business electronic markets and platforms and agents that facilitate various types of wholesale trade.
The wholesale trade market include several establishments made for wholesaling merchandises or for carrying out services after the sale of merchandise where needed. The term “Wholesale trade” covers- purchasing, storing and selling goods to retailers, professional authorities or to other wholesalers.It well indicates and investigates the Wholesale Electronic Markets and Agents and Brokers development status and forecast in Regions like Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The industry on a whole caters to these two markets majorly: Business to Business Electronic Markets; and Wholesale Trade Agents and Brokers.
The report also carries out an extensive study on the entire production and supply chain of the Market and accordingly gives information as per different phases. Usually, it provides data on the basis of sales, or data related to sales volume, sales price, cost, sales income, and profit margin etc. of Wholesale Electronic Market used in different fields, and further sold in different regions by different companies. The global Wholesale Electronic Markets and Agents and Brokers market has recorded a valuation of about USD 916 billion in 2017 wherein Western Europe has been observed as the largest region of the wholesale market accounting for nearly 24.9% of the global market mainly due to a large number of wholesale establishments being based in the region accompanied with global expansion along with bringing out innovations in businesses models and related key features. However, USA has maintained its position for long and has been the largest country accounting for somewhere around 18.8% of the global Wholesale Electronic Markets and Agents and Brokers market.
Digital marketing is the upcoming factor that has been portrayed in the wholesale electronic markets with the evolution of time. The significance of digital marketing tools has been well realized and it will further support the industry in widening the client base of firms that are prevalent in this market.
The agents and brokers have started using CRMs for digital book keeping and for strategic customer relationship management and tools like Hootsuite and Mailchimp have proved to be useful for conducting digital marketing campaigns. With the advent of digital marketing, the industry is sure to register higher revenues year after year since it will result in improvement of customer relationships and expansion of client base with each passing year coupled with a shift in the customers’ preferences for a more reliable electronic product.
With the implementation of technological upgradation in the wholesale industry; the overall industry efficiency as well as streamlining of operations will undoubtedly boost up in the coming future. On a whole, the Wholesale market is all set to proliferate at a healthy rate globally. The Wholesale market is thus anticipated to ameliorate in the coming years due to an affirmative growth in GDP per-capita, international tourism, etc.
To know more, click on the link below:
Ankur Gupta, Head Marketing & Communications