The global market for consumer goods is gaining speed: according to Persistence Market Research, this rapidly growing one will be worth $8.5 trillion by 2020. In three years, the online consumer goods market will be worth $300 billion.
However, a vast chasm separates producers and buyers. Retail is still operating under the same principles as it was ten or twenty years ago. The rules of the game are dictated by middlemen: wholesale and retail sellers. There are far fewer of them than suppliers and end consumers, but they are the ones who almost completely control the market.
The post PR: Farewell, Retailers: How Ins Ecosystem Plans to Change the Consumer Goods Market appeared first on Bitcoin News.Continue reading →