The Economic Times

5% of FMCG sales to be online by 2020: Google-Bain survey

5% of FMCG sales to be online by 2020: Google-Bain survey

  • February 10, 2015
  • min read

The Economic Times

5% of FMCG sales to be online by 2020: Google-Bain survey

A study by Bain & Company and Google predicts that, with more and more people surfing online for fast-moving consumer goods (FMCG) products, the Internet will influence over a third of total sales in the sector by 2020, while online sales will constitute $5 billion.