This significant trend has spread to the rest of the world, with market surveys shows great surge of international online shopping particularly in Asia. An article published in The Straits Times wrote that almost $689m was spent online previous year according to data from Euromonitor International. Just like other parts of the world Singapore boasts of one of the highest Internet users who shop online. A survey report further reports that over 26000 Internet users in the year 2008 found that 8 out of 10 Singaporeans shopped online, and this number has drastically increased since then.
In fact, there is a huge surge of transaction for retail categories such as travel products, books, apparels, clothing and even tickets. This steady growth has resulted in more savvy shoppers, since the recent trend has allowed shoppers to be able to compare rates much more and conveniently.
The wide-spread recognition and popularity of shopping online has also added to the entrepreneurial will of many savvy Internet users, with many grabbing the chance to set up a cost-effective e-commerce. With maximum sales and profits for both shoppers and retailers, it seems to overpower the world and will be declared a popular and constant trend for the years to come.