Page 11 - CBM22
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              Marketplaces                                     e-commerce than comparable age groups in Sweden,
              The German fashion retailer Zalando is a popular market   Denmark and Norway. However, during the coronavirus
              participant in Denmark too, and the company launched   pandemic, the online share of total retail sales has increased
              its second-hand service Zircle on the Danish market   in Finland, and new consumer groups hit the market. The
              last year. Another new player is the online platform The   percentage of people who state they shop online at least
              Founded, started by the Danish fashion company Bestseller   once a month has increased from 49% in 2020 to 59% in
              Group. The platform offers sales of several fashion brands,   2021, and also, 30% of consumers said that they spent more
              including clothing from Jack & Jones, Vero Moda and Only.   money than usual during the pandemic.
              However, the top three dominants are still Zalando at 42%,
              followed by Wish with 22% and Zalando at 20%.    The product categories that Finns prefer to buy from
                                                               online
              Preferred delivery methods                       Just as in the case of Denmark, the top three most common
              Concerning preferred delivery methods among Danish   products bought online are clothing & footwear at 55%,
              consumers, the pandemic has been involved and affected   followed by home electronics at 40% and cosmetics
              here as well. If we go back to 2018, the most preferred   and skincare at 33%. Groceries, pharmacy products and
              alternative was to pick up the purchased item in person   home furnishing have also gained shares in the last few
              from a service point. During and after the pandemic, by   years. If we compare it with the situation in 2016, those
              far the most popular option has been home delivery with   product categories were not even in the top eight. Finnish
              a signature at 34%, followed by home delivery without a   consumers are quite keen cross-border buyers. This can
              signature at 21%, and only thirdly to pick up at a service   probably be linked to the fact that historically there have
              point at 18%.                                    been comparatively few domestic strong brands. When
                                                               making cross-border purchases, the Finns prefer to shop
                 •   Finland                                   from China, Germany and the UK.
              With a population of a bit more than 5.5 million, Finland
              is the third country in the Nordic region in terms of   Marketplaces
              population. As in the case of Sweden, the country is   Finnish consumers are least likely to have purchased
              rather sparsely populated outside the metropolitan areas.   products from marketplaces if we compare them to their
              This is most likely the reason why Finnish e-commerce   Nordic neighbours. As many as 39% of Finns state that
              consumers are among those in Europe most likely to accept   they have not bought from any platform during 2021. As
              longer delivery times, in contrast to consumers in densely   mentioned earlier, they are fond of shopping in Germany,
              populated Denmark. Finnish e-commerce has historically   so the dominant among the marketplaces is Zalando, with
              lagged behind the other countries somewhat, despite the   36% of consumers having made purchases, followed by eBay
              country’s high level of digitalisation. Finnish consumers   with 18% and Amazon at 15%.
              in the older age categories have been more sceptical about








































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