Login

Login Name
Password

Forgot Details?

  • Login
  • Home
  • Payment Gateways ▼
    • by Activity
    • by Business Type
    • by Doing Business In
    • by Office Location
    • by Supported Methods
  • Payment Methods ▼
    • by Available In
    • by Type of Method
  • Payment Markets ▼
    • by Region
  • News
  • Jobs
  • Events
Find and apply for new job opportunities
Receive proposals from your preferred payment solutions
Find the right payment solution for your online and mobile business
Follow the latest developments directly from the source

Belgium Online Retail Sales Grow More Than 20% (2011)

208 views | 0  comments Jun 24 2012 22:14 CET

BELGIUM | Online retail sales grow more than 20% year over year in the country.

Online sales in Belgium rose by more than 20% year over year in 2011 to reach 1.10 billion euros (US$1.45 billion), compared with 903 million euros (US$1.19 billion) in 2010, according to BeCommerce, the Belgian federation of e-commerce and mail order companies. The growth is likely to continue, says Patricia Ceysens, BeCommerce president.

“In Belgium, we are seeing growth in everything concerned with online shopping,” she says. “In 2012 we also expect the growth trend to continue, with total online sales reaching the 1.18 billion euros mark (US$1.5 billion).”

E-retailers in Belgium are also expecting more growth. A survey of 500 online stores conducted for BeCommerce by online market research firm iVox finds retailers are “resolutely optimistic” about the future. 83% of respondents say they expect 10% growth in online sales in 2012—and a similar performance for mobile commerce sales.

More retail chains are moving into e-commerce in Belgium, BeCommerce says. In 2011, many major bricks-and-mortar stores, including clothing retailers e5mode, Brantano and Kiabi, opened online shops, BeCommerce says. Other Belgium retailers that began selling online last year include sporting retailer Decathlon, food retailer Delhaize and master chocolatier Pierre Marcolini.

Now that more retailers are selling online, the industry association is starting to work on its next goal: helping Belgium retailers sell internationally. 66.7% of Belgium e-retailers sold only within the country in 2011, up from 43.5% in 2010. One major reason for this is the increasing number of food and grocery retailers beginning to sell online, the study says. Consumers typically buy their groceries locally.

The association is encouraging retailers to sell to consumers in other countries. “It is important for bricks-and-mortar retailers with online stores, but also web-only stores, to develop an interest in foreign markets in order to successfully cope with international competition,” Ceysens says.

Beyond encouraging retailers to sell internationally, BeCommerce is also busy keeping its eye on helping retailers foster the growing m-commerce channel in Belgium. While m-commerce represents only 2.6% of total online sales in the country currently, BeCommerce predicts a dramatic growth in mobile sales in the coming months. 15% of retailers polled already have a site optimized for mobile phones and half of the retailers surveyed plan to create one this year, Ceysens says. Additionally, 71% of online retailers expect an increase in sales because of the uptick of m-commerce this year.

BeCommerce predicts Belgium consumers will complete 20 million online transactions this year.

Source: Internetretailer.com, April 2012, by Tamara Thiessen

Print   

Tagged with Belgium eCommerce Market, E-commerce, m-commerce, Mobile Payments, Online Payments, Online Retail Sales, Payment Market

  About belgium

Related posts

  1. Poland leads European e-commerce growth
  2. Online Retail Sales in Canada trailing behind?
  3. United States (USA)
  4. Q1 / 3-month report 2011
  5. Online retail sales to surge in India
  6. UK shoppers spend 32% of total budget online
  7. Online Trading Germany up to $29.1 billion in 2011
  8. Belgian e-Retail Sales index shows the market is up 11% year-on-year
  9. United Kingdom
  10. 1-800-Flowers.com and Otto like what they see in Brazil

 

Comments:

    Follow us on Twitter Follow Follow us on Facebook Like Follow us on Linkedin Join Follow us on YouTube Watch

    Request an offer

    REQUEST AN OFFER | FREE OF CHARGE


    Looking for better card processing rates, technical support or a gateway supporting your (cross-border) market strategy?

    ABOUT-PAYMENTS.com has acces to over 200 payment gateways powering more than 50 payment methods.

    Let us help to boost your online business!
    • How can we help you?

    • How can we reach you?

    Need help? Contact us

    Contact by Email

    We would love to hear from you!
    Please fill out this form and we will get in touch with you shortly.


    • News Alerts
    Subscribe to our Newsletter

Most viewed Gateways:

    • 1. Paymentwall - 2872 views
    • 2. Allied Wallet - 2346 views
    • 3. Adyen - 2221 views
    • 4. GlobalCollect - 1759 views
    • 5. Skrill - 1628 views
    • 6. DataCash - 1185 views
    • 7. WorldPay - 1088 views
    • 8. Ogone - 1031 views
    • 9. 2Checkout.com - 1019 views
    • 10. CyberSource - 962 views

Most viewed Methods:

    • 1. QIWI Wallet - 2805 views
    • 2. Allied Wallet - 2346 views
    • 3. Tenpay - 2197 views
    • 4. Skrill - 1628 views
    • 5. BilltoMobile - 1264 views
    • 6. BOKU - 1194 views
    • 7. mopay - 1172 views
    • 8. UseMyServices - 1075 views
    • 9. MasterCard - 854 views
    • 10. PayPal - 850 views

Most viewed Markets:

    • 1. Belgium - 2366 views
    • 2. Germany - 1849 views
    • 3. The Netherlands - 1750 views
    • 4. India - 1363 views
    • 5. Sweden - 1173 views
    • 6. United Kingdom - 1075 views
    • 7. China - 929 views
    • 8. France - 814 views
    • 9. Turkey - 556 views
    • 10. Canada - 523 views

adyen|AliPay|Allied Wallet|American Express|AsiaPay|BOKU|Braintree|Computop|Cybersource|DataCash|E-commerce|eMerchantPay|FailSafe Payments|GlobalCollect|GlobalCollect jobs|iDEAL|jobs in online payments|m-commerce|Magento|MasterCard|Mobile Payments|MOLPay|Ogone|online payment gateway|Online Payments|Online Payment Service Provider|Online Retail Sales|Optimal Payments|PAY.ON|payment gateway|Payment Market|payment service provider|PayPal|Paysafecard|Payvision|prepaid payment provider|PrestaShop|PSP|Realex Payments|SafeCharge|Skrill|Ukash|Visa|Wirecard|Worldpay

About | Advertise | Disclaimer | Become Partner

Become Partner Form

  • Company details

  • Contact details

| Contact

Copyright © 2013 ABOUT-PAYMENTS.com. All rights reserved. Powered by First8 BV