Thursday, September 9th, 2010
Today's weather     
Online and growing

8th March 2010
Bookmark and Share

More consumers and a continuous flow of EU funds are helping e-commerce to grow

E-shopping is increasingly popular in Poland
Shutterstock

Internet sales in Poland reached €1.12 (zł.4.42) billion in 2009, with the market expected to grow to €1.21 (zł.4.78) billion in 2010 and reach €1.51 (zł.5.95) billion in 2012, forecaster Euromonitor International estimates.

"Compared to other countries such as the US, these numbers are very small, but Poland’s e-commerce market is growing at around 40 percent y/y, with 70 to 80 percent of all internet users having made online purchases,” Marek Borzestowski, an expert in the field of new technologies at the Sobieski Institute in Warsaw, told WBJ.

E-commerce in Poland will further be boosted by a new wave of EU funds for innovative entrepreneurial undertakings which Poland’s Regional Development Agency ann-ounced last week. Two rounds of applications are planned for late March and early April.

In the third round of applications for 2009 alone, 335 small businesses were deemed eligible for e-business grants, worth over zł.233 million.

Small companies form the bulk of Polish e-commerce, accounting for 86.4 percent of all online retail sales last year. “Poland’s e-commerce market is fragmented from the point of view of the sellers, but in terms of e-commerce platforms which connect sellers with buyers, Allegro dominates the market, generating as much as 50 percent of the traffic,” explained Mr Borzestowski.

Source: Euromonitor International
According to data from Euromonitor International, Poles are making more online purchases because there’s a wide selection of products available at competitive prices. The growing number of internet users in Poland (from 15 million in 2006 to approximately 22.5 million this year) is also helping to boost sales.

The best-selling e-tail items last year were consumer electronics, Euromonitor research shows.


From Warsaw Business Journal by Alice Trudelle


Advertisement
Poland in the EU
Something smells here...
BY Christoph Klenner
Ample media attention is given these days to the envisaged gas deal between Poland and Russia's state-owned gas giant Gazprom, ... READ MORE
From the editor
The complexities of Poland's cultural conflict
BY Andrew Kureth
To hear the international media tell it, Poland's current row over the wooden cross in front of the Presidential Palace ... READ MORE
Our partners