Around 14 percent of all online shoppers in Europe purchase fresh food and beverages online. And over half of European e-shoppers shopped online at foreign websites this year. This is shown in the latest E-shopper Barometer report from DPDgroup.
Cross-border ecommerce is a very hot topic, as more online retailers are expanding their businesses abroad. Want to be inspired? Or just stay up-to-date? Read our articles about ecommerce companies who went or are planning to go cross-border.
Switzerland is a very interesting market for online retailers looking to expand their ecommerce business. It’s an wealthy and online savvy market, while Swiss consumers love to buy from international online stores. But there are many things you should know when you want to export to Switzerland.
Fashion retailer Bonprix has opened an online store in Norway, which marks the 30th market where this German fashion brand has a presence. Within the Otto Group, Bonprix is now the most international brand and is also one of the Group’s largest companies.
This month, Swedish fashion retailer Chiquelle won the Global E-commerce Award at this year’s Global E-commerce Summit. The company’s pitch won 52 percent of the audience vote, thereby beating Indian online grocery store Big Basket and Swedish furniture manufacturer Ikea. We interviewed CEO and co-founder Pouya Boland about the award and the latest developments, including expanding to more countries.
The European Commission wants to set up a website to display the cross-border delivery rates offered by logistics companies. With this new initiative, the EU wants to make cross-border parcel delivery services more transparent and better monitored.
The Nordic menswear and golf brand Oscar Jacobson is investing more in omnichannel retail as it is expanding its business in Europe. The company currently sells its menswear fashion items online in the United Kingdom and Sweden, but it will soon sell both online and through stores in Norway.
Foreign ecommerce websites are popular among online consumers in Sweden. But online shoppers also rely on local companies, such as IKEA, Netonnet and Elgiganten. The most popular online store in Sweden however, is a foreign ecommerce website.
Shop Apotheke Europe, a major online over-the-counter pharmacy, saw its revenues increase to 64.3 million euros during the first quarter of this year. This corresponds with an increase of 57 percent compared to the same period last year. According to the company, the further growth is the result of its consistent acceleration of its international expansion.
Dutch online payment processor Mollie is gearing up for expansion throughout Europe in order to become the first tech-driven European payment service provider. After achieving success in its home country the Netherlands and neighboring country Belgium, Mollie has now established new teams in France and Germany.
Over half of retailers in the United Kingdom think cross-border trading will become more complex when the country leaves the European Union. However, 44 percent of retailers who sell abroad will continue with their existing cross-border ecommerce operations, while 23 percent plans to invest more in growing their business outside the UK.