Category: Retailing
Ecuador Retailing
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Ecuador Ecommerce Market Opportunities Databook - 100+ KPIs on Ecommerce Verticals (Shopping, Travel, Food Service, Media & Entertainment, Technology), Market Share by Key Players, Sales Channel Analysis, Payment Instrument, Consumer Demographics - Q2 2023 Update
... According to PayNXT360’s, Ecommerce market in Ecuador is expected to grow by 10.89% on annual basis to reach US$6.5 billion in 2022. Medium to long term growth story of Ecommerce industry in Ecuador promises to ... Read More
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Direct Selling in Ecuador
... so. This meant that the existing players continued to gain ground, using new product launches to try and stimulate demand. In this context, Yanbal continued to lead the way leveraging its popular product catalogue and ... Read More
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Retail in Ecuador
... lifted locals and foreign visitors were more confident shopping for a wide range of products. Real GDP growth also increased in 2022 compared with 2021, with the resumption of economic activity and enhanced consumer confidence ... Read More
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Retail E-Commerce in Ecuador
... physical goods via retail e-commerce. With the lifting of restrictions some consumers migrated back to shopping in store-based retailers in 2022, but retail e-commerce nonetheless continued to record dynamic double-digit growth. Consumers became more famili... ... Read More
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Non-Grocery Retailers in Ecuador
... a normalisation of production thereby ensuring there were fewer stock shortages in 2022, with sales recovering to and exceeding pre-COVID-19 levels in current value terms. The return to in-person working and studying also led to ... Read More
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Grocery Retailers in Ecuador
... spending was supported by a rise in payment options like credit cards and buy-now-pay-later (BNPL) services. Euromonitor International's Grocery Retailers in Ecuador report offers insight into key trends and developments driving the industry. The report ... Read More
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Mobile E-Commerce (Goods) in Ecuador
... to make online purchases. However, since the outbreak of COVID-19 consumers have become much more likely to buy goods directly on mobile devices, to the extent that after surging in 2020, such transactions claimed the ... Read More
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Traditional Grocery Retailers in Ecuador
... rollout of vaccines and a drop in community transmission rates over the latter half of the year, Ecuadorians became less inclined to consolidate grocery shopping trips by visiting supermarkets, hypermarkets or discounters every week or ... Read More
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Mixed Retailers in Ecuador
... periods, and fear of contracting COVID-19 made many people reluctant to visit them when they were allowed to reopen. Department stores operators were also particularly hard hit as the economic shock of the pandemic eroded ... Read More
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Apparel and Footwear Specialist Retailers in Ecuador
... for lengthy periods, and when they were permitted to reopen trade was greatly subdued by weakened purchasing power and the fact that many people saw less need to buy new clothes and shoes while spending ... Read More
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Retailing in Ecuador
... of the COVID-19 pandemic, which was in turn made possible by the success of the new government led by President Guillermo Lasso – who took office in May – in meeting its key campaign pledge ... Read More
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Modern Grocery Retailers in Ecuador
... home than usual due to social distancing, remote working and lockdown measures. These trends subsided somewhat in 2021 after the rollout of vaccines and the easing of public health restrictions enabled consumers to begin resuming ... Read More
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E-Commerce (Goods) in Ecuador
... to purchase physical goods via the e-commerce channel. This was particularly the case during the early stages of the pandemic, when lockdown measures and fear of being exposed to the virus in brick-and-mortar outlets led ... Read More
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