Great Potential of Russian B2C E-Commerce
In 2010, only approximately 25 % of the Russian population had access to a broadband connection and only 8 million Russians had a fixed-line connection. Nonetheless, almost 40 % of the population used the internet. The number of online shoppers increased in 2010 to as many as 45 million.
Key regions: Moscow and St. Petersburg
The retail structure is still underdeveloped in Russia, which is why E-Commerce has high development potential there. Less than 1 % of all retail revenue is generated in the B2C E-Commerce segment. According to the “Russia B2C E-Commerce Report 2011” by yStats.com “books”, “household appliances” and “CDs/DVDs” ranked amongst the most popular categories for online shoppers. Moscow and St. Petersburg are the key B2C E-Commerce regions, where more than half of Russia’s online revenue was generated in 2010.
Private shopping sites as an important trend
The growing importance of social networks is particularly apparent in Russia. The average time spent online on such sites per visitor reached an international record in August 2010 with nearly 10 hours. Additionally, so-called private shopping sites mark one of the main trends in Russian B2C E-Commerce. KupiVIP is successfully represented in this category with the distribution of designer fashion. Other important competitors in Russian B2C E-Commerce are online supermarket Utkonos.ru, generalist Ozon.ru and consumer electronics online outlets Holodilnik.ru, Pleer.ru and MVideo.ru.
yStats.com has been committed to research up-to-date, objective and demand-based data on markets and competitors for top managers from various industries since 2005. Headquartered in Hamburg, Germany, the firm has a strong international focus and is specialized in secondary market research. In addition to offering reports on markets and competitors, yStats.com also carries out client-specific research. Clients include leading global enterprises from various industries including B2C E-Commerce, electronic payment systems, mail order and direct marketing, logistics, as well as banking and consulting.
yStats.com GmbH & Co. KG
Behringstrasse 28a, D-22765 Hamburg, Germany
Phone: +49 (0)40 - 39 90 68 50
Fax: +49 (0)40 - 39 90 68 51
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Great Potential of Russian B2C E-Commerce here
News-ID: 193467 • Views: 1473
More Releases from ystats.com Gmbh & Co. KG
B2C E-Commerce sales in Eastern Europe projected to rise in 2019, reports yStats …
yStats.com, Hamburg-based desk research firm specialized in E-Commerce & Online Payment market intelligence, has released a new publication: “Eastern Europe B2C E-Commerce Market 2019”. According to this report’s findings, online retail sales in the countries of Eastern Europe are expected to maintain double-digit growth in 2019. More consumers in Eastern Europe shop online Online shopper penetration is on the rise across Eastern Europe, but remains behind that of Western Europe. In the
New report from yStats.com suggests continued expansion of online retail in Viet …
A recent publication from Hamburg-based business intelligence company yStats.com, “Vietnam B2C E-Commerce Market 2019,” projects continued strong growth of the online retail sector in the Southeast Asia nation through the middle of the next decade. Factors contributing to the growth include the entry of regional and global online merchants in Vietnam, plus the growing Internet connectivity through mobile phones. Online retail sales year on year to increase at a double-digit
Online retail sales in Thailand projected to continue strong growth: yStats.com …
The latest publication from Hamburg-based research firm yStats.com, “Thailand B2C E-Commerce Market 2019,” reveals the expectation of continued year-to-year online retail sales increases. Thailand’s mobile and social shopping trends make it one of the leaders in the region in total web-base sales. Internet connection increase and social media shopping result in more online shoppers Thailand’s constant rate of growth of internet connectivity and the growing comfort of connected individuals in making purchases
Mobile use spurs growth of online shopping in Indonesia, says new yStats.com rep …
Online commerce growth attributed to mobile use. The high penetration of smartphones in Indonesia and their use for shopping is one of the main drivers of B2C E-Commerce growth. The yStats.com report includes the fining that most Internet access in the country is through mobile phone and the device is increasingly used for shopping online. The expansion of online shopping has led to draft legislation, not yet implemented by the
More Releases for Russia
Russia Agriculture Market, Russia Agriculture Industry, Russia Agriculture Lives …
The agriculture sector of Russia country is the most steadily developing sector of the national economy. Country’s most important crops are sunflower oil, grains and corn. Russia country is a world champion for the export of wheat & buckwheat and amongst the top ten in terms of the export of many other crops. The country has also exporting a variety of livestock products and value-added food products. Country also produces
Packaged Water in Russia
ReportsWorldwide has announced the addition of a new report title Packaged Water in Russia to its growing collection of premium market research reports. Packaged Water in Russia industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Synopsis: Essential resource
Energy Drinks in Russia
ReportsWorldwide has announced the addition of a new report title Energy Drinks in Russia to its growing collection of premium market research reports. Energy Drinks in Russia industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Synopsis: Essential resource
Consumer Electronics in Russia
Summary After the collapse of retail volume sales of consumer electronics in 2015, the negative trend continued in 2016. Although prices of oil were partly restored, business investments and the real income of Russians continued to decline, making a fast recovery of Russia’s economy questionable. As a result, consumers in Russia became very cautious when making their purchasing decisions. Despite the strong overall decline in retail volume sales, the performances of
Consumer Health in Russia
Summary Russian consumers are becoming more restrained in terms of spending money on consumer health products. The trend towards economising has become more widespread due to an economic slowdown in Russia and the consequent decrease in consumers’ disposable incomes. Russians are showing a greater preference for cheaper remedies or refusing to purchase any in the case of mild ailments that can be cured by traditional medicines. This is particularly so for
Russia Hotels – Best Hotels Available in Russia
Are you tired of searching for best hotels in Russia through search engines, now there is no need to waste your valuable time digging search engines, because we proudly announce besthotelsrussia.com here you get all details about hotels available in Russia. Russia is the largest country in the world this place covers almost the whole of Asia and 40% of Europe. It also has huge population ranking in ninth position