50 min
Let´s talk Marketplace Podcast 59: LTM goes to… Sweden and the Nordics Let's talk Marketplace
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- Marketing
What makes the Swedish online market tick? Why are marketplaces nowhere near as popular there as in other European countries? And what is the easiest way to conquer the market? In their new podcast episode, Ingrid and Valerie join Anna Nordlander on a trip to Scandinavia and - spoiler - to Japan to explore the marketplace worlds there and find out more about similarities and differences.
In Sweden, the five largest marketplaces account for less than 25 percent of total e-commerce sales - in Germany, the online marketplace share of e-commerce turnover is higher than 65 per cent. However, the biggest payers are almost exclusively old acquaintances: Amazon, Zalando, MediaMarkt and eBay. The local marketplace Traderia is a C2C platform.
As a renowned Amazon expert, multi-company founder, experienced marketplace consultant and sought-after keynote speaker, Anna recommends that newcomers to foreign markets should definitely take a look at the marketplaces. "The easiest way to internationalize is probably via marketplaces such as Amazon," she is convinced - especially as a large number of service providers offer support. And she is convinced that it is sometimes more worthwhile looking at supposedly exotic markets such as Japan than just targeting familiar neighboring countries. In the podcast, she also reveals the 7 mistakes that screw up any internationalization in record time. Listen in!
How many of you can imagine expanding to Scandinavia or even Japan? Or have you already taken the plunge?
Note from our sponsor MarketSupply:
Speaking of service providers, MarketSupply offers marketplace-as-a-service and promises to handle the entire marketplace business. This means that the brand decides which of its products it wants to sell on which marketplaces and at what price, and the service provider takes care of the rest. It lists the products on the marketplaces, handles all customer interaction and logistics and also takes care of all communication with the marketplaces. If you would like to try out MarketSupply, write to Henning Heesen on LinkedIn under the keyword "Marketplace Universe". You will then receive a free onboarding for the MarketSupply service worth 800 Euros.
Newsflash:
The Date for Amazon Prime Day 2024 is fixed: It will be July 9th and 10th.
Shein is opening a Pop Up Store in Liverpool.
Otto will open its marketplace to European sellers starting next year, Otto-CEO Marc Opelt announced.
ebay has launched a "Shop the Look" AI feature for its fashion cateories in UK and US.
What makes the Swedish online market tick? Why are marketplaces nowhere near as popular there as in other European countries? And what is the easiest way to conquer the market? In their new podcast episode, Ingrid and Valerie join Anna Nordlander on a trip to Scandinavia and - spoiler - to Japan to explore the marketplace worlds there and find out more about similarities and differences.
In Sweden, the five largest marketplaces account for less than 25 percent of total e-commerce sales - in Germany, the online marketplace share of e-commerce turnover is higher than 65 per cent. However, the biggest payers are almost exclusively old acquaintances: Amazon, Zalando, MediaMarkt and eBay. The local marketplace Traderia is a C2C platform.
As a renowned Amazon expert, multi-company founder, experienced marketplace consultant and sought-after keynote speaker, Anna recommends that newcomers to foreign markets should definitely take a look at the marketplaces. "The easiest way to internationalize is probably via marketplaces such as Amazon," she is convinced - especially as a large number of service providers offer support. And she is convinced that it is sometimes more worthwhile looking at supposedly exotic markets such as Japan than just targeting familiar neighboring countries. In the podcast, she also reveals the 7 mistakes that screw up any internationalization in record time. Listen in!
How many of you can imagine expanding to Scandinavia or even Japan? Or have you already taken the plunge?
Note from our sponsor MarketSupply:
Speaking of service providers, MarketSupply offers marketplace-as-a-service and promises to handle the entire marketplace business. This means that the brand decides which of its products it wants to sell on which marketplaces and at what price, and the service provider takes care of the rest. It lists the products on the marketplaces, handles all customer interaction and logistics and also takes care of all communication with the marketplaces. If you would like to try out MarketSupply, write to Henning Heesen on LinkedIn under the keyword "Marketplace Universe". You will then receive a free onboarding for the MarketSupply service worth 800 Euros.
Newsflash:
The Date for Amazon Prime Day 2024 is fixed: It will be July 9th and 10th.
Shein is opening a Pop Up Store in Liverpool.
Otto will open its marketplace to European sellers starting next year, Otto-CEO Marc Opelt announced.
ebay has launched a "Shop the Look" AI feature for its fashion cateories in UK and US.
50 min