What are the Most Successful Specialized Online Shops in Germany?

Page 1

What are the Most Successful Specialized Online Shops in Germany? With Germany boasting of close to 84 million people, it is considered to be Europe’s largest economy with the second-lowest employment rate. Germany has always been a promising market for fashion brands looking to seek expansion. Most international brands have failed to step foot into the German market. In the late 2010s, many companies like Ganni opened close to three stores to prosper in the foreign markets, including that of the U.S. and the U.K., but only the ones in the U.K. and the U.S. have succeeded. Ganni followed the same footsteps, and then many companies withdrew from the German market, and everything fell in place in 2015 when the online craze caught up. Brands must also consider expanding themselves outside different cities. There is such a big difference when it is compared to France because 20% of the population lives in the Paris metropolitan area- the fashion capital of the world. Germans have always been pretty eager online shoppers, with close to 70% of the men consider themselves safer in buying clothes online- the fourth-highest compared to the UK, Denmark, and the Netherlands. Germany is rather a larger European country with a much more solvable market for online shopping. It is dominated by the E-commerce companies, and Germany still has some room left for the competitors as it is a hub for both the established stores and more e-commerce players. The German internet and e-commerce can be compared side by side to the United States even though it has a paltry 79 million users. With the U.S. digital population and the wealth of the German country, it will make it one of the world’s sophisticated market. When it comes to e-commerce, Germans have always had the idea of expecting more. They are so used to the olden day’s tradition of the mail order, so they are much more used to that when it comes to fashion shopping as well. Germans always abide by the rules, and they take the written warning a little too seriously. The Germans tend to use the legal information provided on the website and use it against the online merchants when there is a violation in the consumer law or any other forms of legalization. Germany is comparatively variant from other eCommerce markets in Europe when it comes to online payment. Many German consumers still prefer and always stick to the standard mode of payment, compared to paying it upfront. Other European countries do not have the problem of paying it beforehand before the delivery of the product. Some of the most successful specialized online shops in Germany are: OBI It is a specialized online store mainly focusing on home improvement supplies. TCHIBO


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.
What are the Most Successful Specialized Online Shops in Germany? by Christian James - Issuu