Wholesale Electronic Markets And Agents And Brokers arrange the purchase or sale of the goods owned by others, on a fee or commission basis. The sector includes business to business electronic markets and platforms and agents that will facilitate for wholesale trade. The industries in this sector does not own or handle the products they sell.
The global wholesale electronic markets and agents and brokers market was valued at $916 billion in 2017. Western Europe was the largest geographic region accounting for $228.0 billion or 24.9% of the global market. The USA was the largest country accounting for $172.2 billion or 18.8% of the global wholesale electronic markets and agents and brokers market.
Digital marketing is majorly employed in the wholesale electronic markets and agents and brokers market. Digital marketing tools can be used to help expand the client base of firms in the wholesale electronic markets and agents and brokers market. The agents and brokers are using CRMs for digital book keeping and for strategic customer relationship management. Tools such as Hootsuite and Mailchimp can be useful for digital marketing campaigns. CRMs such as Salesforce, Hubspot can help in improving customer relationships and expanding client base.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
The wholesale electronic markets and agents and brokers market is segmented into Business to Business Electronic Markets; Wholesale Trade Agents And Brokers.
Business to Business Electronic Markets segment comprises business-to-business electronic markets bringing together buyers and sellers of goods using the Internet or other electronic means and generally receiving a commission or fee for the service. Business to- business electronic markets for durable and nondurable goods are included in this industry.
Wholesale Trade Agents And Brokers segment comprises wholesale trade agents and brokers acting on behalf of buyers or sellers in the wholesale distribution of goods. Agents and brokers do not take title to the goods being sold but rather receive a commission or fee for their service. Agents and brokers for all durable and nondurable goods are included in this industry.
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