TAPPING INTO THE ENDLESS OPPORTUNITY GROWTH


Rockbird Media is hosting the Retail & E-commerce Summit Asia 2022 – Indonesia Edition to serve as a platform for Senior Executives from top retail companies, subject-matter experts from top consultancy firms, and business leaders to discuss pertinent issues and trends that will develop the future of the retail industry in Indonesia.

You may look forward to the unique format and innovative mixed presentations, such as keynotes, panel discussions, spotlight presentations and networking. Through these, it will ensure that you will gain first-hand knowledge from the practical experience provided amongst both thought leaders and the wider delegate audience.

OVERVIEW

As consumer behavior changed over the course of the pandemic, the e–commerce landscape has seen a very sig nificant growth that is to continue in the coming years. Though the expected growth figures look promising, challenges don‘t come only to be easily solved. As trends keep soaring in the charts, businesses can’t turn a blind eye on the effects of the ever changing market landscapes. 

In Southeast Asia, reports say that it has the “fastest digital sales growth in the world,” with a projected total $89.67 billion in 2022 as per Global Data, and with a forecast of market volume of US$90.19bn by 2025 according to Statista. Among the four countries in the world that are said to produce faster growth rates compared to SEA‘s combined numbers are the Philippines and Indonesia. Because the e–commerce market is expected to grow at 23.8% this year, many market players are looking into expanding their businesses to penetrate and tap into the opportunities that online retailing can bring. In online payments, it is forecasted that by 2025, it will reach IDR753t in CAGR. This is proliferated by the rise of internet penetration and digital payments which is also projected to rise further at a rate of 22% CAGR between 2021–2025.

Furthermore, it reported that “alternative payment tools collectively accounted for 46.7% share in the total e–commerce value in Indonesia.” In the past year, several brands have partnered with banks to level up their services and keep up with the technological advancements. Like other countries, online shopping has become a wide trend without a foreseeable cease – it even looks at further developments for seamless customer experience. Another trend spiking the reports‘ graphs is the logistics industry. Due to the archipelagic makeup in the country, it is a continuous challenge for many companies to achieve fast delivery fulfillment. But because of the many opportunities, alternatives and solutions are being put forward to address challenges met not only by the consumer but also by the e–commerce retailers 

As we move on from unpleasantries, there lies the endless opportunities and brands have yet to tap into these. Produced by Rockbird Media, the Retail & E-commerce Summit Asia 2022 – Indonesia Edition – is set to gather leaders of respectable brands across sectors to convene in high–level sessions about the most pressing, timely and in demand topics in Retail & E–commerce today curated only for you.

There are still registration, and partnership opportunities available for the summit. We’re also open for Sponsorship. If interested, you can email directly to marketing@rockbirdmedia.com

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