Infographic: Western Europe B2C E-Commerce and Online Payment Market 2019

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Free infographic from our report "Western Europe B2C E-Commerce and Online Payment Market 2019". Find it here: https://www.ystats.com/infographic-western-europe-b2c-e-commerce-online-payment-market-2019/ Find the report available for purchase here: https://www.ystats.com/market-reports/western-europe-b2c-e-commerce-and-online-payment-market-2019/

Business

ONLINE SHOPPERS IN GERMANY, ITALY AND SPAIN PREFERRED
E-WALLETS SUCH AS PAYPAL OVER CARDS, AS OF 2018.
EU-5: SHARE OF ONLINE SHOPPERS PREFERRING TO PAY BY CARD VS. E-WALLET, IN %, BY COUNTRY, 2018
Note: "Card" originally defined by the source as "Debit or credit card"; "E-Wallet" originally
defined as "PayPal or similar"
Survey: based on an online survey of approximately 1,000 per country except in the Nordics,
where the number of respondents totaled about 500 per country; question asked: “Which of the
following methods do you prefer to use when you pay for a product you’ve bought online?”;
besides the listed Western European countries, the survey also included Poland
Source: PostNord, Nepa, 2018; as cited in the report "Western Europe B2C E-Commerce and
Online Payment Market 2019" by yStats.com
Card: 52%
32%
56%
12%
43%
E-wallet: 43%
49%
56%
38%
52%
UK
Germany
France
Italy
Spain

eRetail trends and 7 actionable steps to maximize your revenue The insights from this presentation were discussed by Acapture's research analyst, David Martin, at eRetail Europe 2016, held in Amsterdam, the Netherlands. Steps to maximize your revenue Step 1: Breathing space Step 2: Stay sensitive Step 3: Let your customer know they can pay the way they want Step 4: Let it fail before it fails Step 5: Fill… check… proceed Step 6: Say it clearly Step 7: Demand response code and BIN analysis

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Written with e-commerce finance professionals in mind, this paper provides insights and recommendations for businesses interested in expanding their e-commerce operations internationally. It relates to online merchants needing to look beyond the web front-end and consider additional factors like back-office operations and banking infrastructure. Payment options discussed include e-wallets and mobile wallets, e-banking, and escrow payments, which are gaining favor in developing markets like China

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Networks providing the infrastructure for electronic top-ups of pre-pay mobile phones have been very successful. 2/3 of mobile phone users in the UK now are on pre-pay plans, creating a large market opportunity for the companies providing these networks. But with the mobile phone market reaching saturation in the UK, where next to look for growth opportunities? Braden Kelley worked with a couple of firms in this industry to identify new revenue opportunities and to set a growth strategy for continued success. You will see in the slides the Industry Re-Think we arrived at and the new theme for the future to guide the business.

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Sven Gruhl Director Global Sales PayU The e-commerce market is booming, with sales worldwide predicted to amount 4.48 trillion US dollars by 2021. As an e-commerce business, you surely want to ride this wave too! In this presentation, Sven Gruhl from PayU paints a complete landscape of online payments both in Europe and worldwide for you to consider before selling internationally or planning your future expansions. If you want even more details, you cannot miss this talk.

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This report marks the 20th year of identifying the 250 largest retailers around the world and analyzing their performance across geographies, sectors, and channels. Over the last 20 years we have seen a seismic shift in retail and the customers that retailers serve. Consider that in 1997, the inaugural year of this report, today’s average Amazon Prime customer was just 16 years old, AOL was pioneering social media, and handheld virtual pets were the hottest-selling toys. Today, handheld (or wearable) digital devices are ubiquitous and a younger, social customer has come of age. We are living in an era where customers are in the driver’s seat more than ever before and they are craving authenticity, newness, convenience, and creativity. We are living in the customer-driven economy.

Middle East B2C E-Commerce Report 2014

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Hamburg based secondary research company yStats.com has released a new report on business to consumer commerce conducted electronically. The “Middle East B2C E-Commerce Report 2014” indicates that E-Commerce in the region has grown significantly in recent years, and is prepared for a boom, as internet connections spread and the population becomes more familiar with online shopping. Growth rates of around 20% per year are expected for the next few years.

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Global Powers of Retailing Top 250 The 21st annual Global Powers of Retailing identifies the 250 largest retailers around the world based on publicly available data for FY2016 (fiscal years ended through June 2017), and analyzes their performance across geographies and product sectors. It also provides a global economic outlook and looks at the 50 fastest-growing retailers and new entrants to the Top 250. The top five largest retailers maintained their positions on the leader board. A combination of organic growth, acquisitions, and exchange rate volatility shuffled the rest of the Top 10—which now accounts for 30.7 percent of the overall Top 250’s retail revenue (compared to 30.4 percent last year). Retailers of fast-moving consumer goods (FMCG) are by far, the largest companies (average retail revenue of nearly US$21.7 billion) as well as the most numerous (135 retailers accounting for 54 percent of all Top 250 companies and two-thirds of Top 250 revenue). Transformative change, reinvigorated commerce The rules of retailing are being rewritten in this time of transformative change. Innovation, collaboration, consolidation, integration, and automation will likely be required to reinvigorate commerce, profoundly impacting the way retailers do business now, and in the future. Across the retail industry, disruption of traditional business models has given way to unprecedented and transformative change—change required online and offline to better serve more demanding shoppers and redefining customer experience. The four trends identified in the report are: - Building top-notch digital capabilities - Combining bricks and clicks makes up for lost time - Creating unique and compelling in-store experiences - Reinventing retail with the latest technologies

Alternative Payment Solutions

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Online merchants today can realize immense value from the rising tide of international opportunities. Many private businesses and government entities are rallying to create a globally accessible marketplace. E-commerce platforms are pushing multi-lingual and regional payments support. The EU Commission and related agencies established a roadmap to a borderless online marketplace. Adding alternative payments is now only a few clicks away for online merchants. Ask a merchant today "Why do you take credit cards?" They would have a hard time answering because the answer seems so obvious. If you could ask one of Alternative Payments' clients, "Why do you offer alternative payments?" they would feel the same way, it's obvious, more sales. A merchant who provides trusted payment methods to prospective buyers is adding trust and a sense of ease through the buying process. These two factors will translate into increased sales. Merchants should be aware that, by adding local payment types, they will access new markets. There are several countries with populations clamoring for goods from outside their borders. Growing internet penetration and young populations accelerate this trend. Banks and traditional payments take time to get established in these new markets. Connecting to these new consumers means merchants need to adopt payment options familiar to the consumer. Don't reinvent the wheel, grease it.

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Diverse online payment methods in B2C E-Commerce in Europe Cards account for the largest share of B2C E-Commerce transactions in Europe, while digital wallets are in second place. European Union legislators are working on improving the electronic payments regulations considering such issues as security. In Germany, invoice remains the leading payment method in online shopping, perceived as both the most secure and most convenient method. But other methods, such as credit card and digital wallets, are on the rise. In Austria, the leading method both in M-Commerce and B2C E-Commerce was credit card, while online shoppers in Switzerland most used invoice in online shopping and credit card in mobile shopping.

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According to the report by Renub Research, titled “Japan E-commerce Payment Market Forecast 2021-2026, Industry Trends, Share, Insight, Growth, Impact of COVID-19, Opportunity Company Analysis” the Japan E-commerce Payment Market Size is projected to reach US$ 297.87 Billion by 2026. E-Commerce payment importance is growing in Japan modern economy. It implements a commodity way for consumers to acquire goods and services through electronic means as they are easy, quick, and convenient. E-Payment is a method that provides tools for the payment of services or goods carried on the internet. It is the ease of transaction processing in e-commerce between consumers and sellers. Japan e-commerce market presents an opportunity for international merchants to E-court an audience with money to spend and an appetite for consumer electronics and fashion.

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