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Consumer Attitudes and Online Retail Dynamics in Germany
Market |
Retail |
Report Type |
Market Research |
Country |
Germany |
Published |
5 July 2012 |
Number of Pages |
76 |
1-3 hours, 24 hour max |
|
Publisher |
Canadean |
File Format |
Consumer Attitudes and Online Retail Development in Germany is the result of extensive market research covering the online retail industry in Germany. It provides the magnitude, growth, share, and dynamics of the online retail market in Germany. It is an essential tool for companies active across Germany's online retail value chain and for new companies considering entry into the German online retail market. It provides data for historic and forecast online retail sales, and also includes the business environment and country risk related to the German online retail environment. By examining best practice from leading national large-scale online retailers (but specifically excluding the likes of Amazon whose sites are well-known and vary little by country), as well as reviewing innovative approaches from smaller companies, the report provides insights and ideas about how best to approach growing online sales for your business.
What is the current market landscape and what is changing?
A unique feature in the German online retail market is the popularity and success of traditional mail-order businesses to adapt to online retail. As a result, companies compete with physical store retailers in markets previously considered incompatible with the online retail format.
What are the key drivers behind recent market changes?
Consumers have been reacting to the effects of the global recession, including the following recovery period, on their discretionary spending and retail markets have been no exception. While the country by country market changes have varied, nowhere has been left totally untouched. This report quantitatively examines the components of change in the market by looking at historic and future growth patterns including how changes in consumer behavior have affected the online retail sector for different product categories.
Key Features and Benefits
Understand the consumer behavior and online trends in Germany.
Understand which products will be the major winners and losers in the coming years.
Learn from best practices approaches outline in the case studies of leading online retailers.
Improve market and strategic planning using highly granular, forward-looking market data. Detailed category coverage is provided, covering 25 products, across eight product groups that include: Apparel, Accessories and Luxury Goods, Books, News and Stationery, Electricals and Electronics, Food and Grocery, Furniture and Floor Coverings, Home and Garden Products, Music, Video and Entertainment Software, and Sports and Leisure Equipment.
Assess the impact of economic recession and recovery on market growth.
Key Market Issues
A significant factor in the low growth of m-commerce is that some retail sites are incompatible with smart phones and are not very user friendly or secure.
Low broadband speed is one of the drawbacks for online shopping as retailers cannot provide rich content and video describing the products, which make the site user friendly.
Key Highlights
The share of online retail sales towards total retail sales increased from 2.4% in 2006 to over 5% in 2011and is expected to increase to 8.7% in 2016.
In terms of online market penetration, music, video and entertainment software was the leading category, with 24.8% of purchases being made online in 2011.
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