Published: April 29, 2009
Tootoomart.com Maintains Growth Trend in the Financial Crisis
BEIJING , April 29 /PRNewswire-Asia/ -- Statistics from Tootoomart.com
(http://www.tootoomart.com/ ) show that the trading volume of online trading
(http://www.tootoomart.com/freeshipping/ ) in the first quarter has reached
about 47 billion, increased by 96.7% as compared with the same period last
year. Analysts say that because the first quarter is the traditional off-sea
for shopping, the growth rate was slower compared to other times of the year.
The growth momentum in online trading has sustained in general, and even under
the effect of the global financial crisis
(http://www.tootoomart.com/clearancezone/ ), more and more consumers are
attracted by the convenience of online shopping and its advantage in price. In
a downturn environment, online shopping is one of the industries which develop
quickly, with more online shopping platforms including B2C
(http://www.tootoomart.com/promotion/promotions.html ) and C2C quickly
capturing the opportunity to expand their product line and user resources. The
slow increasing rate in the first quarter was affected by the off-sea, with
many express companies being put out of business which led to the decline of
many online stores. While the financial crisis affected consumers' purchasing
power to some extent, experts believe the crisis will bring positive effect to
online trading in the long run.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080605/CNTH022LOGO )
Tootoomart.com is changing its B2B platform to B2C while demonstrating its
competitiveness to achieve a comprehensive development. B2B trade volume led
the way and ranked first in the whole volume of Tootoomart.com in the first
quarter. Recently, Tootoomart.com has paid special attention to the
development of B2C, which has better development potential in the future.
Tootoomart.com also notices that the leading B2C websites are all expanding
their production line from the single products of apparel
(http://www.tootoomart.com/apparel/ ) and electronics
(http://www.tootoomart.com/promotion/electronics/) to more comprehensive
products, such as guitar (http://www.tootoomart.com/promotion/guitar/ ),
computers (http://www.tootoomart.com/promotion/computer.html ), headsets and
so on. With the abundance of the production lines and the increasingly
important role of logistics in trade, stock and post-sale have become key
strategic factors. Based on these trends, Tootoomart.com intends to
re-classify its products according to their unique features.
For more information, please contact:
Tootoo.com
Tel: +86-10-9510-5561
Fax: +86-10-6589-2222
Email: service@Tootoo.com
Address: 19th Floor, Block One, Majestic Towers,
Gongti Dong Road, Beijing, 100020 China
Post Code: 100020
SOURCE Tootoomart.com
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