Upsurge in Online Retailing in Poland: Ken Research

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Upsurge in Online Retailing in Poland: Ken Research

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The growth of online retailing has reduced the market for retail shops. Online retailing is flourishing at the cost of traditional shops. – PowerPoint PPT presentation

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Title: Upsurge in Online Retailing in Poland: Ken Research


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Upsurge in Online Retailing in Poland Ken
Research
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Online retailing is ruling the market for various
products such as Apparel, Accessories, Luggage
and Leather Goods, Books, News and Stationery,
Electricals and Electronics, Food and Grocery,
Health Beauty, Music, Video and Entertainment
Software and Sports and Leisure Equipment.
Majority of the consumer base is inclined towards
online shopping. Consumers find online shopping
very user friendly. Due to hectic office
schedules and tech savvy lifestyles, consumers do
not want to take burden of approaching
traditional shopkeepers they order online and
get the desired product.
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  • Overview of Consumer attitudes and online retail
    dynamics in Poland
  • The total population in Poland was 38.5 million
    in 2015. From the total population, 22.8 million
    people are internet users and 12 million are
    e-shoppers. Apparel, accessories, luggage and
    leather goods constitute 42.5 of the total
    online retail sales in 2015. The growth of online
    retailing has reduced the market for retail
    shops. Online retailing is flourishing at the
    cost of traditional shops. Its an alarming issue
    for the traditional shopkeepers as either they
    have to shut their shops or have to operate under
    temporary losses unless they use market expansion
    strategies. Consumers have developed a positive
    attitude towards online shopping. The online
    retailers have successfully met the consumers
    expectations. There are various payment methods
    for the purchased product such as cash on
    delivery, online transfer, net banking and online
    wallets or through debit and credit cards.

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  • All the payment systems are secured via a gateway
    so that the sensitive details provided by the
    customer remain confidential and is not misused.
    Also there is after sales service facility of
    exchanging or returning the product for a certain
    specified number of days. These user friendly
    policies, delivery options and effort free
    methods save their time as well as money.
  • The top three popular e-commerce websites in
    Poland are
  • Allegro it is the most popular e-commerce
    platform in Poland and the leader of polish
    e-commerce. It has huge client base and largest
    transaction platform in Poland.
  • Ceneo it is the most significant e-commerce
    website connecting merchants and buyers. It is
    the second most popular online shop in Poland,
    reached roughly 27 of internet audience in 2014.
  • Zalando third most popular online shop in
    Poland, reached roughly 11.14 of internet
    audience in 2014.

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  • Key Driving Factors in retail online market
  • Young and adult population with their busy
    schedules prefer online shopping
  • Wide variety of products
  • Flexibility can shop, 24 hours a day and seven
    days a week
  • Secure payment option
  • Customer service available
  • Price competition among retailers helps consumers
    to get products at lower prices
  • Fast delivery of products
  • Exchange facility available
  • Save time and money

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Future of online retail market Online retailing
has very bright prospects in Poland over the
forecast period. There will be an increase in
consumer base for online products. The growing
number of online store will add to the sales of
the online products and there will be a tough
price competition. To make differentiation in the
products and for capturing the large share in the
market, retailers are trying to make customized
products. Secure payment options and flexibility
of timing in purchases is giving online retailing
a competitive edge over the traditional
stores. To know more on Consumer attitudes and
online retail dynamics in Poland, 2015-2020
click on following link https//www.kenresearch.
com/consumer-products-and-retail/wholesale-and-ret
ail/consumer-attitudes-online-retail/35571-95.html
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Related links https//www.kenresearch.com/consum
er-products-and-retail/wholesale-and-retail/consum
er-attitudes-and-online-retail-dynamics-spain-2014
-2019/3244-95.html https//www.kenresearch.com/co
nsumer-products-and-retail/wholesale-and-retail/co
nsumer-attitudes-and-online-retail-dynamics-spain-
2014-2019/3244-95.html Contact Ken Research
Ankur Gupta, Head Marketing Communications quer
y_at_kenresearch.com 91-124-4230204
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