Consumer goods firms plot new paths amid e-commerce boom


  • TECH
  • Monday, 01 Aug 2016

Not small change: Online shoppers spent over US$87bil (RM350.6bil) on grocery items like food, drink, beauty and personal care items in 2015.

LONDON: Consumer goods maker Reckitt Benckiser has ramped up its efforts to sell items such as condoms and vitamins online, aiming to capture new revenue streams as traditional markets get more competitive.

Reckitt's own Durex condom website in China is already its single largest customer in the world's fastest-growing e-commerce market, doubling the number of unique visitors over the last year to over 20 million. It expects that to double again, as consumers lap up its sexual health products, which can be personalised and delivered discreetly.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

Russia's Yandex reports Q1 revenue rise as market awaits spin-off news
Japan to levy big fines with new app rules
Inside Big Tech’s underground race to buy AI training data
Facebook scams demand stricter online rules, Japan lawmaker says
A Chinese firm is America’s favourite drone maker – except in Washington
Alphabet, Microsoft shares jump on proof of near-term AI returns
Snap shares jump nearly 30% after Q1 beat
Rescue pup to meme star: The real-life ‘Dogecoin’ dog
Elon Musk is once again richer than Mark Zuckerberg as fortunes reverse
GPS bracelet places 18-year-old at the scene of 11 different break-ins, US cops say

Others Also Read