Money Buzz! Europa

Tag: online store

  • 78% of CCC sales in January 2021, generated via online channels

    78% of CCC sales in January 2021, generated via online channels

    • CCC ended the fourth quarter of 2020, which included January 2021, with sales broadly unchanged year on year.
    • Revenue for the period, at PLN 2 bn.

    Amid the prolonged lockdowns across the group’s markets, e-commerce grew 84% year on year, with over 78% of sales generated via online channels in January alone.

    Revenue for the full-year 2020/21 (13 months) was PLN 5,6bn, of which 48% was e-commerce sales (up 71% yoy). Year on year, sales fell just 3%.

    E-obuwie remains CCC’s power engine

    55% contribution of online to revenue reported in the fourth quarter of 2020/21 was an unprecedented result in CCC’s operating history.

    E-obuwie remains the power engine of our e-commerce business, with fourth-quarter sales at PLN 919m (up 69% yoy) and EBITDA margin at 8,9% (up 2,7pp yoy).

    The group’s other e-commerce platforms (ccc.eu, DeeZee, Gino Rossi) accounted for 16% of online sales in the fourth quarter of 2020/21, compared with 9% a year earlier.

    Each recorded a triple-digit growth in sales, and ccc.eu alone saw its sales surge 353% year on year. 

    Clothing range is gaining traction

    Modivo grew 137% yoy, delivering PLN 268m in revenue for the full year 2020 (a five-fold increase on the previous year).

    Sales of DeeZee clothing, launched in December, account for 16% of total sales (up 9p.p. month-over-month).

  • Amazon is the biggest online shop in Austria. Zalando and Universal follow

    Amazon is the biggest online shop in Austria. Zalando and Universal follow

    Online giant Amazon secures first place in the ranking with an annual turnover of 834,3 million euros in 2019, Heute reports.

    In addition, Zalando.at (EUR 346,8 million turnover in 2019) and Universal.at (EUR 111,9 million turnover in 2019) complete the first three places.

    Top five is completed by Shop Apotheke (EUR 93,7 million turnover in 2019), Otto (EUR 84,4 million) and Media Markt (EUR 71,9 million).

    Above all, the ten largest online shops in Austria accounted for almost half of the total sales of the top 250 online shops in the country.

    E-commerce is expected to account for 11 percent of total retail sales in Austria, by the end of this year.

    Last year, the online retail market in Austria grew by 13.5 percent to around 3.6 billion euros.

  • Cartloop raises a €300K investment from GapMinder VC

    Cartloop raises a €300K investment from GapMinder VC

    Cartloop received a €300,000 investment from GapMinder VC fund and an angel investment from Tamas Cristian, the co-Founder of TypingDNA.

    The investment will be used to upgrade the solution, as the founders are looking to increase the number of customers and expand globally.

    What is Cartloop?

    Cartloop is a conversational marketing platform that has a 3-5x higher efficiency than its competitors in helping online merchants persuade customers to return to the site and buy products from the “cart” if they left without completing the order.

    The platform is using a proprietary technology to automate and personalize to a high degree the process of answering customers’ questions such as “Does this product have a guarantee?”, “How does this product work?”, “Can I return the product if it doesn’t fit or if I don’t like it?”. And this is used in combination with a reduced human intervention.

    Specifically, when a customer who agrees to receive support and marketing via SMS begins the process of com-pleting the order, but abandons, Cartloop’s experts contact him/her via text message to understand the reason for giving up and assist him/her if needed.

    The Cartloop platform was launched in April of this year by Andrei Negrău and Lisa Popovici, with the intention of bringing the online experience closer to that of a physical store.

    Hundreds of brands around the world are currently using Cartloop, as the platform is currently avail-able for English-speaking countries only: United States, Canada, United Kingdom and Australia.

    The startup plans to expand globally in mid-2021, starting with Europe. The first targeted countries are Spain, France and Germany.

  • Bonami: Sales of 6 million euros and optimistic forecasts for summer

    Bonami: Sales of 6 million euros and optimistic forecasts for summer

    In April, Bonami exceeded the initial forecast, achieving sales of 6 million euros in all markets where the company is present, of which 1 million euros on the Romanian market.

    “Even though the growth was initially slower, since mid April sales have followed a steady upward trend. In percentage, Bonami achieved sales 30% higher last month than in March, when the pandemic crisis broke out. We are also pleased with the results obtained in May, we expect an increase of 80% compared to the same period last year for the entire company and 120% for Romania “, Pavel Voparil, the company’s CEO, mentioned.

    Bonami has been thoroughly preparing for the summer 2020 season since the beginning of the year, with new spaces dedicated to storing stock products, so that they can be delivered to customers in the shortest time.

    In the coming months, Bonami is counting with a higher than originally expected growth, wanting to sell out the entire stock of products available, with the exception of large pieces of furniture.

    The company takes into account the current context, in which customers will travel less and will spend more time in their own home and garden, being willing to make significant investments to create a pleasant space.

    Bonami thus offers them the opportunity to buy everything they need for the house online, without having to go to physical stores.

    In order to improve the shopping experience, the company launched its own delivery services, but also express delivery of orders to its customers, in collaboration with Liftago.

    Thus, customers can opt for fast delivery, within 3-4 hours, of small products.

  • Greek e-commerce saw an increase of up to 171% per week

    Greek e-commerce saw an increase of up to 171% per week

    An increase of up to 171% per week, compared to the same week of 2019, was observed in the consumer spending in online stores in April, setting a new record after March when the quarantine period began. 

    Evaluating the change in online spending from the first 9 weeks of the year (before COVID-19), it appears that e-commerce in Greece has now increased sixfold in the weeks 10 to 18.

    The assessment of May is expected with great interest because the physical network of stores will now be active. 

    This research is carried out monthly by GR.EC.A, the Hellenic Electronic Commerce Association in collaboration with the BestPrice & Skroutz, Greek price comparison machines. 

    The data was drawn from 4.451 eshops listed by Skroutz  and  2.116 eshops listed by BestPrice.