Introduction to Japan
Japan is a parliamentary government with a constitutional monarchy in Asia. It has a population of 126.0 million people and its capital is Tokyo. The official language is Japanese and widely spoken foreign languages are Korean and Chinese. Japan has a GDP of $5,986 billion USD, which represents a GDP per capita of $37,446 USD in 2017.
- 126.0 million people
- GDP of $5,986 billion USD
- 3.18% unemployed
- Inflation of -0.10%
Ecommerce in Japan
In 2017, the Japanese B2C ecommerce turnover grew by 16% to $79,247 million USD. Japan had an online population of 100.3 million people who were aged 15 and older. Of the total online population, 76.9 million bought something online in 2015. The average spending per eShopper was $1,488 USD in this year.
|B2C Ecommerce Turnover||$79,247 million USD|
|B2C Ecommerce growth||16%|
|Online population||100.3 million|
|Number of eShoppers||76.9 million|
|Most popular payment method||Credit & Debit Cards|
Tips for ecommerce in Japan
Brand name, quality and product features have traditionally been considered the most important aspects when making a purchasing decision. As economic conditions have become more difficult, price has become an increasingly important consideration for Japanese consumers.
Customer service aspects, such as technical explanations and adherence to delivery dates, are important elements in a sale.
While Japanese consumers have been rather reluctant to buy foreign products in the past, they have become progressively more open to them over time. Japanese consumers are highly diverse in their interests and tastes, which range from traditional needs to more westernized desires.
The physical packaging of products should be of high quality, with the product meticulously presented. A product’s instructions for use should be included and highly detailed.
In case of foreign entrepreneurs (not having an presence in Japan), it is exempted from consumption tax obligation in a Taxable Period if its taxable sales in the Base Period for the Taxable Period are equal to or less than 10 million yen, since it will not pay any salary to resident employees in Japan.