The Importance Of Overseas Online Shopping

782 Words2 Pages

Overseas online shopping is defines as searching goods by the internet and then send shopping requirements by electronic orders. Convenient networks shopping system, the rising consumption and demand for foreign goods are all contributes to overseas online shopping. More overseas online shipping sites provided information including good classification and shopping guide, furthermore, it also provided overseas purchasing service directly. As an agent role, overseas online shipping sites want to make profit and apart from other competitors. Thus more online shipping sites increase sales by promoting and offering discount, which affect the demand of goods and equilibrium price of goods.
At present, with the development of China, more and more …show more content…

Sum up from the overall consumption intention, consumers from different countries to wash out the most distinctive products, of course, in addition to the pursuit of personality, but also has common, more than half of the overseas shopping consumers buy beauty and skin care products. In this fact, the price of toiletries is cheaper than domestic, a fixed percentage decrease in quantity demanded that is smaller than the fixed percentage that is illustrates that beauty and skin care products has elastic demand. There is an important knowledge in elasticity of demand theory——Luxury goods tend to have a lower elasticity of demand, which can explain why there are little effect on quantity demanded when the price of luxury goods changes greatly. Although the product price changes have different effects on the consumption quantity, but overall, the number of the total amount of consumption is increasing by price is decreasing, so oversea online shopping has become an important part of people's …show more content…

Most overseas shopping goods are luxury good with lower elasticity, the percentage change of demand is larger than percentage change of price.it seems that the consumption has negative relationship with price, which reflects the price of low elasticity goods are flexible, so people prefer to overseas shopping. To large extent the equilibrium of price also affects overseas shopping. The price of foreign goods in domestic market is higher than the equilibrium price, so the supply of goods exceed demand, so lower price to close to equilibrium price, but it still exist surplus in market, overseas online shopping play a important role to this phenomenon. Above all, overseas online shopping are beneficial to China economic

More about The Importance Of Overseas Online Shopping

Open Document