Influenced by the global financial crisis, retail trade in China faced increasing challenges as people were finding they need to budget much more carefully. Meanwhile, online shops were celebrating a boom time as more and more customers browse their web pages in search of a better deal. Milanoo.com (http://www.milanoo.com) was one of the best online companies and really benefits the customers a lot.
According to the Empowering Consumers in E-Commerce report, part of the reason for the improved fortunes of e-commerce is that as consumers have become more cost-conscious, they are increasingly going online to compare products and save money. In the US, for example, while most sectors were experiencing a downturn in the first quarter of 2009, online retail sales for 80 retailers rose by an average of 11pc. Similarly, the French electronic commerce and distance selling federation estimated that for the first quarter of 2009 e-commerce sales grew by 26pc and should increase throughout the year by 20pc to 25pc.
Now if we take an example of real estate online business then the definitely it comes to mind that the online real estate sites will suffer due to crisis but fortunately there is a positive aspect too. The real estates having tough time and looking to cut cost so it is best for them to concentrate more on internet while limiting the off line activities. With good and free customer support, free installation - it appears to be a good companion in starting a new source for revenue.
E commerce serves as a business forum for consumers and businesses. Lately, more businesses are going online as a result of the recovery of the economic. The E-commerce save lots of the companies during the economic, it is will surely booming in the new era. Attracted to the Internet as a means to increase visibility and markets at relatively low cost, the mode of business-to-
