I think, as e-commerce grows as a category, most e-commerce companies are focused on women because they are the decision makers and the consumers. When you think of e-commerce, and fashion is a big part of that, women are much more in tune with what other women are looking for online.
Online payment will continue to play an ever-growing and significant role in the development of e-commerce as well as the stimulation of consumer demand.
We want to grow the total amount of online commerce.
A great deal of energy is spent daily on pushing the Russian e-commerce boom along while managing all aspects of growth and development along the way.
Stripe is building payment infrastructure for the Web, so we make it easy to accept credit cards online. Before Stripe, the way you'd do this is using the legacy banking structure. It was slow, it was complex, it was expensive. It had this very chilling effect on e-commerce.
On average, an e-commerce client who evolves into a premier enterprise client increases their annual spend by 10 times in that first year.
More and more people are opening online stores and online retail businesses. This market is expanding very, very quickly.
So much has changed in our business. E-books, that's been one of the principal developments. There has been also the failure of Borders and the rise of Amazon, just to name two others.
And it's interesting, when you look at the predictions made during the peak of the boom in the 1990s, about e-commerce, or internet traffic, or broadband adoption, or internet advertising, they were all right - they were just wrong in time.
The construction toy category is one category that has a lot of room to grow online.
