Selling sheep by instagram

Yiibu at Slideshare has posted some fascinating information about global mobile commerce, especially in places where there are no department stores and most buying and selling is done at the local bazaar, if there is one. His presentation is titled "The Emerging Global Web" and it contains a wealth of information.

M-commerce, meaning mobile commerce, is one of the buzzwords that apply to this phenomena.  Some of the retailing is conducted via Instagram, such as selling sheep in Kuwait. This article at Nitrogram tells how to sell products on Instagram.

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yiibu, slideshare

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If you check Alexa's topsites page, many of the top 20 are emerging economies:

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yiibu, slideshare

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And informal economy (read on-the-street retail) is moving into the mobile frontier.

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yiibu, slideshare

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In places where banking is difficult, virtual banking has become the answer.

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yiibu, slideshare

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Some of the sites mentioned in the slideshow are TaoBao, Alibaba (also see Alibaba Group), Jumia, and La Moda (Russia).  Besides Instagram, technologies important to m-commerce are WeChat (Chinese), Alipay (Chinese), and the QR code (first designed in Japan).

Note: the original reference for this post was found at New World Notes.

-- Marge