Japanese market report

Live commerce in Japan – transforming online shopping
|

Live commerce in Japan – transforming online shopping

How social media changed consumer behaviour As Japanese consumers are shifting their way of shopping to digital, many experts predict this will remain after the pandemic. Before social media, It was unavoidable for companies and brands to sell their products through established shopping malls and invest in expensive adverts to promote their products. Nevertheless, the…

Why Japanese people are getting wealthier and how businesses can leverage

Why Japanese people are getting wealthier and how businesses can leverage

There are now more rich people in Japan. JapanConsuming reported in March 2021, that the number of ultra-rich families increased by 3.6% in the past two years, but a huge 67% since 2005. More than 1.3 million households now have assets over ¥100 million, presenting an attractive market at the luxury end. Art market boom…

Why now is a great time to focus on Japan to expand your business?

Why now is a great time to focus on Japan to expand your business?

-Time to focus on Japan – how the COVID-19 pandemic affected the retail industry Japan detected the first cluster of coronavirus patients outside China after a cruise ship docked in Japan in February 2020. Thanks to strong containment and mitigation measures, they managed to keep the infection rate low so that the country has never…