Moroccan e-commerce is booming

Saturday, 12th July 2014

Without a doubt, e-commerce in Morocco is experiencing a peak of interest.

"The country counts more than 6.9 million internet subscribers, with average quarterly increases of 10.6%, and yearly increases of 57.3%. By the end of March 2014, the internet penetration rate had stabilized at 19.45%, meaning that 16 million Moroccans – around one in five – had internet access. Interestingly mobile internet exceeded DSL in terms of sheer number of registrations; mobile internet now represents 86% of the market share."

"The amount of purchases and payment online has increased from $3.8 million USD in 2008 to $90 million USD in 2012, with more than 1.25 million transactions on the platform alone. 9.5 million credit cards were in circulation in 2013, and more than 171 million online bill pay transactions were undertaken between January and September 2013, totaling $17.7 billion USD."

"The growth of Moroccan e-commerce could be even faster if its availability and the demand for it hadn’t been slowed by many factors. The administrative procedures needed to implement an online e-payment platform are too complicated and expensive for micro-enterprises and craft and agricultural cooperatives to go online. These procedures need to be simplified and the costs must be lessened. Retailers must also make the effort to translate their websites into Arabic, a untapped high-potential sector, and focus more on mobile."

More info here.

Online shops in Poland entering golden age - report

Friday, 11th July 2014

Poland’s e-commerce sales are expected to rise from 4-5% of total retail sales at the moment to 9-10% in 2020, while more optimistic experts forecast a spike to 15%.

"From May 2013 to May 2014 as many as 63% of e-shops in Poland increased the value of online sales."

More info here.

The World Cup of Ecommerce - Infographic

Friday, 11th July 2014

Source Getelastic.com

How Much Online Business Is Done Every 30 Seconds? - infographic

Friday, 11th July 2014

Source Mediabistro.com

Belgium: ecommerce business not in line with neighbouring countries

Friday, 11th July 2014

Belgian ecommerce is not on the same track with surrounding countries and is rather seen as a playground for international companies which take in more and more ground.

"Despite this aspect, local e-tailers may develop more ecommerce opportunities for clients that are currently not being satisfied with other services. Furthermore, those local retailers with physical stores could use their outlets and available expertise to offer more service to customers. The dominance of foreign retailers is seen as an advantage for local sellers."

"Presently, ecommerce represents 3% of total retail sales, whereas the European average is about 5%. Still, 35% of Belgian orders are made from foreign web shops."

More info here.

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