Tag: ecommerce

E-Commerce will die | Rafael Campos (VTEX) about the winds of change in online retail

The wind of change in e-commerce comes, no surprise, from China, says Rafael Campos, Vice President at VTEX. And it does so in such a fast pace, that we simply cannot follow. For instance, in Romania we struggle to implement traditional credit card payments, while they already have face recognition payments. The world is changing so fast that a company needs not only change its strategy, but its entire structure in order to follow the latest innovations.

At GPeC SUMMIT Rafael talked about the decisions companies must take today to, maybe, survive for the next 5 to 10 years. Read the interview below to learn what e-commerce start-ups can do in 2019 to keep up with the big names on the market and what platform is most suitable for an online shop.

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Romanian eCommerce Market Report - GPeC 2018

In 2018, Romanians have made online purchases worth more than 3,5 billion EUR, a 30% increase YoY | The 2018 GPeC Romanian eCommerce Market Report

The entire Romanian retail market is estimated at 45 billion euros, which means that the e-commerce market (3.5+ billion euros) represents approx. 8% of total retail, rising significantly from 5,6% in 2017 and approx. 4% in 2016. The percentage is low compared to other developed countries, but shows the huge growth potential of the Romanian e-commerce market in the coming years.

Romania’s e-commerce market grew significantly in 2018 and reveals an increased appetite for online shopping, advancing other countries and becoming a very interesting market for foreign investors who have already begun their online business in .RO. Now is the best time for any entrepreneur or company to start an online business – the market is still permissive enough and the accelerated growth trend will continue in 2019 and the following years.

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Komerso.pl, a new e-commerce information portal was launched

Ecommerce Europe members and online businesses interested in entering the Polish market have now access to Komerso.pl, a knowledge platform on Polish and international e-commerce. The website gives access to reports and materials about national and European markets and it facilitates the access to the Polish market for those interested in creating partnerships in the region.

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