Growing E-commerce In The Netherlands

Posted On Tuesday, 10 August 2021 19:36

It is the sector of the future, according to recently published figures. E-commerce is hot and continues to grow, and companies that discover the successful formula grow with it. The fastest-growing companies in the Netherlands, while the same trend can also be seen internationally.

The e-commerce sector is an industry of competitiveness, and many companies struggle to rise above it. Yet, it turns out that it is a market that appears to be growing. You can also develop as a company into a multimillion-dollar enterprise if you do it right. The examples of success stories are numerous. The official figures also confirm significant profits to be made, especially in the e-commerce sector.

Every year, the Chamber of Commerce publishes the Top 250 Growth Companies, which looks at which companies are experiencing the most significant growth. What is striking is that some of the highest-ranking growth companies come from e-commerce. For example, two out of three companies in the top 3 come from e-commerce. Amazon.nl is number 1, which has become a resounding success in recent years as an international meal delivery marketplace. On 3 is the successful Bol.com, which has given an enormous boost to the concept of 'customer service' with its original student company. Another successful e-commerce company in the top 10, an online auction house.

However, these companies still have steps to take before calling themselves the most extensive webshop in the Netherlands. According to the annual index of Twinkle Magazine, the most extensive webshop at the moment is still Bol.com, which is the only e-commerce company in the Netherlands to exceed the billion euros in annual turnover (1.2 billion euros). Coolblue is already in second place.Together with the 200 other largest webshops in the Netherlands, these five companies account for a yearly turnover of almost 10.4 billion euros. What those relationships will look like in the coming years will be exciting. Both Amazon, which is moving to neighbor Belgium, and Shopify want to become increasingly active in the Dutch market.

That e-commerce is big business has been proven at a national level. But it is also a sector that is overgrowing on an international level. In Europe, the fastest-growing company is by far the English Deliveroo, where you can have quality meals delivered to your home. The company grew 107.7 percent in three years.

The Netherlands Among Fastest Growing E-commerce Markets In Europe

According to a report by payment company Worldpay, the Netherlands will be one of the fastest-growing e-commerce markets in Europe in the coming years. In addition to the Netherlands, the e-commerce market in Italy is also taking of

The group expects average annual growth of 14 percent for the Dutch e-commerce market. In 2021 this will be worth 36 billion euros. According to Worldpay, the rise is mainly driven by new payment methods. Consumers are primarily looking for smartphone-friendly payment methods.

The Netherlands now mainly excels in bank transfers. About 60 percent of the transactions consist of payments via iDEAL.

Worldpay expects that it will use other payment methods such as e-invoices and e-wallets in the future. The popularity of so-called debit and prepaid cards is also expected to double in the next five years.

The Dutch Are Increasingly Buying Something Online

Dutch are increasingly buying services or products via the Internet. In 2014, 7.9 million Dutch people regularly bought something online. In 2013, there were about four hundred thousand fewer. 

This is apparent from figures from the Intercompany Solutions ( ICS ). 

The growth of the total number of online shoppers is now slowing down somewhat. In 2014, 10.4 million people between the ages of twelve and seventy-five bought something online, compared to 10.3 million in 2013. 

The number of people who regularly buy something via the Internet has increased faster in recent years. In 2005, 3.9 million Dutch people periodically bought something online. In 2010, that number was 6.6 million. In 2014, that number was 7.9 million. About 2 million internet users did not purchase anything online in 2014. 

The growth of online shopping is also reflected in online retail sales. In 2014, this was more than 11 percent higher than a year earlier. 

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