Summary - A new market study, titled “Global Teleshopping Market Size, Status and Forecast 2019-2025” has been featured on Wise Guy Reports.
Teleshopping means buying goods and services by telephone or via the internet. It does not involve correspondence and personal visits. The seller prepares a short advertising film which is shown on television screen.it gives a full demonstration of the working of the product along with a list of contact phone numbers in every city. People who feel convinced of the utility of the demonstrated product contact the seller on telephone and place orders goods are delivered to buyers through courier or value payable post (v.p.p.).the main advantage of teleshopping is convenience for the customer. The customer can purchase the product without visiting the seller.
This saves valuable time, effort and money. Customers can make payment through their credit cards. Asian sky shop, telebrands are examples of companies which provide teleshopping facilities in india. Computer systems have made it easier by playing recorded messages and then record the information given by customers. Teleshopping, however, does not offer the opportunity to the customer to examine the product before buying. Computerised systems used in teleshopping are expensive.
The market for Teleshopping is fragmented with players such as QVC, HSN, Jupiter Shop Channel, OCJ, HSE24, EVINE Live, Jewelry Television, happiGO, M6 Group, Ideal Shopping Direct, Shop LC, HomeShop18, Naaptol Online Shopping are the global leading suppliers.
The US teleshopping market is facing stiff competition from e-commerce, with an increasing number of people now preferring shopping on mobile and internet, thereby hampering the growth of teleshopping market in the US. Teleshopping market in India grew significantly over the past few years owing to, increasing disposable income, ease of shopping, rising television penetration in the country. Moreover, increasing offerings by private label brands at affordable prices, growing discounts and offers, coupled with rising working population are other factors driving teleshopping market in India. In addition, improving standard of living, coupled with changing consumers tastes and preference from traditional way of shopping to new and innovative forms.
In 2018, the global Teleshopping market size was 43140 million US$ and it is expected to reach 47060 million US$ by the end of 2025, with a CAGR of 1.3% during 2019-2025.
This report focuses on the global Teleshopping status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Teleshopping development in United States, Europe and China.
The key players covered in this study
QVC
HSN
Jupiter Shop Channel
OCJ
HSE24
EVINE Live
Jewelry Television
happiGO
M6 Group
Ideal Shopping Direct
Shop LC
HomeShop18
Naaptol Online Shopping
Market segment by Type, the product can be split into
Television
Internet
Others
Market segment by Application, split into
Household Item
Food and Health Supplements
Cosmetics and Skincare
Consumer Electronic
Service
Apparel and Accessories
Jewelry
Others
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Teleshopping status, future forecast, growth opportunity, key market and key players.
To present the Teleshopping development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Teleshopping are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
FOR MORE DETAILS: https://www.wiseguyreports.com/reports/3992927-global-teleshopping-market-size-status-and-forecast-2019-2025
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