Marketplace Amazon postpones its major summer shopping event, Prime Day, according to Reuters. This is due to the COVID-19 outbreak. Usually, the event takes place in July. At this moment, it is unlikely the event will happen at least in August. It expects a potential $100 million hit from excess devices it might now sell at a discount. The marketing event started in
Sustainability in e-commerce is here to stay
Online consumer demands are changing the e-commerce market in various fields. Webshops have to constantly deal with innovations in various departments of their business to keep up with consumers’ wishes. A hot topic in this changing environment is sustainability. This is here to stay, as consumers demand more eco-friendly solutions in the production and packaging of their
Otto: sales grow 9%
German retailer Otto continues to grow. For 2019, the mail-order retailer reports an increase in sales of 9% to €3.5 billion. It is for the tenth year in a row that revenues are up, reports ecommercenews. According to the retailer, Otto Group thanks its successful financial year to the amount of 7.5 million new active customers. Comparing this to 2018, it is an increase of
German consumer confidence falls
The COVID-19 outbreak has an enormous impact on consumer sentiment and consumer confidence in Germany, reports GfK. Economic and income expectations are expected to suffer heavy losses, as well as a propensity to buy. This leads to a much lower forecasted consumer sentiment level for April 2020. A figure of 2.7 points is expected, 5.6 points lower than march's level (8.3
The Netherlands: online shopping grows 7%
Research by AfterPay Insights shows that in the past weeks, Dutch consumer behaviour has changed due to the COVID-19 outbreak. It, however, is not severely impacted by financial worries. E-commerce purchases have increased by 7%. In the categories Groceries, Health Foods, Sporting Goods and Hardware and Building Materials, online purchases increase most. Looking at purchase