Today's Top SOA Links
From the Wires
Research and Markets: Still Growth Potential in Turkish B2C E-Commerce
By: Business Wire
Dec. 5, 2012 10:40 AM
Research and Markets (http://www.researchandmarkets.com/research/4t5k3s/turkey_b2c) has announced the addition of the "Turkey B2C E-Commerce Report 2012" report to their offering.
Hamburg-based market research firm yStats.com gives a detailed overview of B2C E-Commerce in Turkey in its latest Turkey B2C E-Commerce Report 2012. The analysis includes figures about internet use, online purchases and revenues along with competitors, products offered and trends.
In 2011, more than 40% of the Turkish population used the internet. When it comes to broadband access per 100 inhabitants, Turkey still lags far behind Germany and the USA. However, almost a quarter of Internet users in Turkey accessed the mobile Internet in the first quarter of 2012. As a result, there is still growth potential in B2C E-Commerce in Turkey.
Fashion and Consumer Electronics popular Categories for Online Shopping in Turkey
More than 60% of the Turkish population used the internet to search for product and service related information. Consequently, more than 20% of all internet users purchase products and services for personal use online. B2C E-Commerce revenue accounted for more than 5% of the total retail revenue in 2011. According to the Turkey B2C E-Commerce Report 2012 by yStats.com, the most popular product categories for online purchases are fashion, sporting goods, consumer electronics, home appliances and food or groceries.
Group Shopping gaining Importance in Turkey
In 2011, the leading player in Turkey in terms of B2C E-Commerce sales was mass merchant Hepsiburada, followed by private shopping website Markafoni, consumer electronics online shop Teknosa and mass merchant Ereyon. Hepsiburada generated a low single-digit share of its total revenues from countries outside of Turkey. Markafoni reached online sales of almost 100 Million USD in 2011.
Furthermore, market place Gittigidiyor.com, that sold additional shares to eBay in 2011, is one of the leading online shops in Turkey across various product categories. Private shopping website Limango.com.tr, which belongs to German OTTO-Group, is one of the most popular fashion online shops in Turkey. Moreover, group shopping websites are gaining importance in Turkey. Within the 12 months to May 2012, websites from this category reached an increase in unique visitors of more than 40%. Firsat bu Firsat, Sehir Firsati (Groupon), and Yakala Co are among the leading competitors here.
Altogether, the B2C E-Commerce market in Turkey already made good progress. However, especially because of the young and technology-oriented population, as well as because of the investments from abroad, there is still potential for growth in B2C E-Commerce in Turkey.
- After years of growth in B2C E-Commerce in Turkey, big foreign investor companies such as Amazon, eBay or Naspers increased investments.
- Wrong or Damaged Product Delivery was the biggest problem for online buyers in Turkey between April 2011 and March 2012.
- Clothes, Sports Goods was the most popular product category among online shoppers in Turkey between April 2011 and March 2012, followed by Electronic Equipment and Household Goods.
- The number of Internet users is expected to reach approximately 35 million in 2012, accounting for almost half of the total population in Turkey.
- Hepsiburada, Markafoni, Teknosa and Eyeron are among the leading B2C E-Commerce players in Turkey.
For more information visit http://www.researchandmarkets.com/research/4t5k3s/turkey_b2c
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
SYS-CON Featured Whitepapers
Most Read This Week