Press Release (ePRNews.com) - HAMBURG, Germany - Apr 07, 2016 - Hamburg-based secondary market research company yStats.com’s new publication, titled “Turkey B2C E-Commerce Market 2016”, provides interesting insights into online retail sales, trends and competition in Turkey.Among the findings included in the report is that international as well as local investors are finding the B2C E-Commerce market in the country attractive.
Turkey’s B2C E-Commerce market is the second largest in Eastern Europe, and is also among the fastest growing, according to the new market report by yStats.com. Internet penetration in the country was barely at 50% of the population last year, and just a third of Internet users made purchases online, so increased connectivity and online shopping engagement will boost B2C E-Commerce sales further.
The recent history of rapid growth in B2C E-Commerce in Turkey, along with its remaining potential for continued expansion make this market attractive for foreign as well as domestic investors. The yStats.com report reveals that Hepsiburada.com, Turkey’s largest online retailer, got an infusion of 100 million USD in investment last year.
The most popular product category for B2C E-Commerce in Turkey is clothing. Both male and female shoppers make fashion purchases online, according to the research findings of yStats.com. The websites of online clothing retailers, such as Trendyol.com and Markafoni.com, are among the most visited online shopping destinations.
Another distinguishing characteristic of the B2C E-Commerce market in Turkey is the use of mobile shopping and social media. The yStats.com report divulges that over half of online shoppers say that their online buying behavior is influenced by social media. M-Commerce is driven by the increasing spread of Internet-enabled phones and tablets. Major online shopping platforms, such as online marketplaces GittiGidiyor and n11.com report rapid growth rates in mobile traffic and sales.
For further information, see: https://www.ystats.com/wp-content/uploads/2016/04/2016032…
yStats.com GmbH & Co. KG
Behringstrasse 28a, D-22765 Hamburg
Phone: +49 (0)40 – 39 90 68 50
Fax: +49 (0)40 – 39 90 68 51
Founded in 2005 and headquartered in Hamburg, Germany, yStats.com is one of the world’s leading secondary market research companies. We are committed to providing the most up-to-date and objective data on Global B2C E-Commerce and Online Payment markets to sector-leading companies worldwide.
Our multilingual staff researches, gathers, filters and translates information from thousands of reputable sources to synthesize accurate and timely reports in our areas of expertise, covering more than 100 countries and all global regions. Our market reports focus predominantly on online retail and payments, but also cover a broad range of related topics including M-Commerce, Cross-Border E-Commerce, E-Commerce Delivery, Online Gaming and many others. In addition to our wide selection of market reports, we also provide custom market research services.
We are proud to cooperate with companies like Bloomberg and Thomson Reuters. Given our numerous citations in leading media sources and journals worldwide, including Forbes and the Wall Street Journal, we are considered one of the most highly-reputed international secondary market research companies with an expertise in the areas of B2C E-Commerce and Online Payment.