Business Report Growth in E-Commerce Industry free essay sample

A report showing the potential in the growth of online grocery stores and recommendations that a fictitious company, ABC Mart, should consider entering this market. This paper is presented in the form of a business report to encourage ABC Mart to enter the market of online grocery stores, due to the growth of this market in recent years. The report covers the growing e-commerce industry, the growth in online grocery markets, and uses graphs to illustrate statistics. According to a research study published by IDC, the online grocery spending is expected to grow significantly in the coming few years. The forecasts in the report have revealed that online grocery spending will be highest in the some major categories till 2004. These include the traditional grocery products, health and beauty products, prepared foods and convenience services. With the spread of Internet in the recent years, several new community spaces have proliferated online.