RetailEye Term Sheet Negotiations in China
PESTEL Analysis
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In the 2009 holiday sales season, when many retailers and brick-and-mortar stores were slashing prices in hopes of reeling in shoppers, I had a different plan. I was going to the China retail market to make friends, ask questions and find the best deals. I started my research in November 2008, but I got lucky. In January 2009, I was invited to a press conference by a retailer with whom I have previously worked in North America.
Marketing Plan
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Porters Model Analysis
“We are delighted to be working with RetailEye, the world’s number one e-commerce platform, to provide our customers with a leading edge e-commerce platform. We share many common values with RetailEye, and we are confident that this partnership will provide a wealth of benefits for our customers, our employees and our shareholders.” “We are thrilled to be part of the RetailEye team, with their commitment to the future of e-commerce in China. Our jointly driven team will work hard to create a platform
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Alternatives
China is an enormous market for retailers looking to expand and scale their businesses. We have been working on strategic alliances and partnerships with some of the most prestigious brands and stores to tap into this massive opportunity. The Chinese market is expected to grow at a rate of 15% per year and this growth is largely driven by the rise of e-commerce and an increasing number of consumers who have become accustomed to online shopping. RetailEye has identified four key regions where we are well positioned to make the most