Free Submission Public Relations & NewsPR-inside.com
Home
Deutsch English

Finance
Internet Retailing in Sweden

Sweden internet retailing market valued at SEK2.5Bn in 2013


Print article Print article
© companiesandmarkets.com

companiesandmarkets.com
companiesandmarkets.com
2014-04-30 00:56:04 - Internet Retailing in Sweden - a new market research report on companiesandmarkets.com

Between 2012 and 2013, m-commerce grew by 150% and accounted for 7% of internet retailing with sales of SEK2.5 billion in current value terms in 2013. This, as well as the fact that Sweden also has one of the highest penetrations of smartphones in the world, would suggest that retailers have underestimated the importance of this sales channel as less than half of chained stores have a website adapted for mobile devices.

Netonnet leads current value sales in internet retailing with a 3% value share in 2013 and revenue at SEK1.01 billion. The company has successfully continued to grow within consumer electronics by starting as an e-commerce company in 1999 and then continuing with a multichannel sales strategy in 2001 by

 

 

incorporating store sales through self-service stores. This store format keeps the prices at the same level as online prices while giving the customer the option of seeing, touching and owning the product faster than by purchasing online.

Pure internet retailers are expected to remain in a tough environment while multichannel companies will continue to reap the benefits. Even though internet retailing witnessed high growth over the review period, it still only accounted for 5% of the total retailing market in 2013. The internet will remain a source of information where purchases are planned. Volume sales, however, will rise among companies that combine e-commerce with stores. Following the latter strategy, companies have a greater opportunity to offer the service and carry the costs needed for a successful e-commerce business.

Click for report details: www.companiesandmarkets.com/Market/Retail/Market-Research/Intern ..

Browse all Retail Market Research Reports www.companiesandmarkets.com/Market/Retail/Market-Research?aCode= ..

Browse all Retail Company Profile Reports www.companiesandmarkets.com/Market/Retail/Company-Profile?aCode= ..

Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..

About Us
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.com’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.


Author:
Mike King
e-mail
Web: www.companiesandmarkets.com
Phone: London: +44 (0) 203 086 8600

Disclaimer: If you have any questions regarding information in these press releases please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims contents contained in this release.
Latest News
Read the Latest News
www.newsenvoy.com

 


Terms & Conditions | Privacy | About us | Contact PR-inside.com