The next big thing is eCommerce in Sweden to be worth €16.86 billion in 2019
This Week's Top Stories About Ecommerce In Sweden To Be Worth €16.86 Billion In 2019
Over the last few years, eCommerce has revolutionized how users can buy and sell products online. The Internet caters a skyrocketing way for users to buy the products without going to directly visit the shop.
An Online Store can reach users everywhere in the world. Online businesses are quickly evolving to face times of economic adversity by offering mega discounts, flat-rate offering, loyalty programs, and other incentives.
E-commerce in Sweden is assumed to be worth 16.86 billion euros at the end of 2019. North Europe (Sweden ) business-to-consumer B2C e-commerce turnover was worth 14.95 billion euros last year and it’s foretold this will raised by 12.8 percent.
These data are shown in a recent report published by the Commerce Foundation. It exhibits that the share of the country’s total gross domestic product that’s made up by e-commerce continues to increase every year. Last year(2018), it was 3.24 percent and for this year, it’s suspected that e-commerce will account for 3.55 percent of Sweden GDP.
In 2019, 84% of Sweden users to shop online. To compare the previous years, 78% of the users bought products online.
Sweden Online Store had several product categories.and also multiple delivery methods in Sweden. Swedish users have a multiple choice to choose from when it comes to delivery.
Swedish users are like to shop online in neighboring countries, such as Germany Norway and Finland. Some of the users are like to shop abroad.
By share of purchases originating from Sweden, Germany is the most popular cross-border country (28 percent), followed by the United Kingdom (26 percent), China (23 percent) and the United States of America (14 percent).
Past few years, cards were the very popular payment method in Sweden. Because 53 % of the Swedish users were using it.
22 % of users followed bank transfer, 12 % of the consumers used by, e-invoice and 9% of the customers used by e-Wallet.
Conclusion:
According to the E-commerce Foundation, the most popular online shops in Swedes are Apotea.se, Cdon, Zalando, Adlibris, H&M, Webhallen, Wish, eBay, Bokus and Amazon. So. €16.86 billion worth of E-commerce Store in Sweden.
Source: eCommerce & Cashback News
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