WHAT ARE THE BEST SALES/DISCOUNT ONLINE SHOPS IN EUROPE?
The European continent, aggregating 50 countries, using more than 28 different currencies, is dominating the digital e-commerce platforms. UK, Germany, and France are the active participators of online shopping. Even elite groups love to enjoy exclusive deals and offers. Good offers and discounts attract a huge crowd even on the online shopping channels. The western countries lead the online retail markets in Europe with the other European-based online channels. Online stores offer a variety of deals. Continue reading to know the best selling online shops in Europe.
1. Amazon
Amazon started on the European grounds in 2000 and is now the biggest e-commerce store in Europe. The company never fails to launch different deals and provide discounts to shoppers. Amazon has also opened a physical store in Germany, similar to Brick and Mortar in the US. 31 logistics centers are operating across Europe, and Amazon hopes to increase the warehouse centers to 1300, which will cover many major cities. The American company shipped more than 1 billion products over the continent in 2015. About 50,000 employees work for Amazon in Europe. The online turnover for Amazon is 27.89 Billion.
2. Otto
This Germany company started in 1949, traveled years to become a thriving online retail center in Europe. Each year the Otto Group witness an increase in the revenue. They are targeting specific domains and are investing potentially. They have a joint venture of Otto and ECE called Stocksquare to boost the online and offline sales. With the new venture, buyers can reserve the items by online booking and get it delivered on the same day. They have a turnover of 12.06 Billion and are planning to add more products to the offline and online stores.
3. John Lewis
John Lewis is a UK-based store for clothing, jewelry, houseware, food services, and financial services. It is now over 150 years old. While their offline stores have slowed growth, online stores perceive good improvement. They have special holiday sales with amazing discounts and extended warranties on a wide range of products. There is 84% growth in online sales since the lockdown in March and 50% in the home delivery capacity. The overall turnover of the UK retailer is 7.46 Billion.
4. Apple
The American company, Apple, did well in 2018 by selling products and services worth 62.42 Billion US dollars. Last year there was little reduction in sales. Apple makes it to the top list of smartphone vendors in Europe. iPhone is the most prominent Apple product, making up 69.74% of the overall revenue in 2018, which makes it clear that the iPhone is the largest smartphone in the world. The first quarter of this year has seen the worst smartphone sales in history. Still, Europe is behind America for the growing Apple market. The UK is the key player for iPhone sales in Europe. Apple earned 5.63 Billion in the UK, taking the 4th spot in the online store's list.
5. Zalando
Zalando, a German e-commerce platform that offers fashion and lifestyle items, has the 5th highest online sales record in Europe. They have about 28.3 million customers online, especially females. The customer-centric sales had helped Zalando to improve sales even in the 2020 lockdown period. The company has around 15,000 employees, 8 logistics outlets, and several offline stores in Germany.
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