With 8.7 million people having access to the internet in Sweden (94 percent of the population) you would expect the eCommerce industry to be strong. It is, plus it is growing.
eCommerce was worth €11.5 billion in 2017 which is up nine percent on the year before. Of the 8.7 million people online, 6.3 million have purchased something from an eCommerce website in the last 12 months.
There are multiple factors driving this growth. This includes Sweden's strong economy as well as changing consumer patterns where more people now buy goods and services online. In addition, more services are now available online than ever before which is also helping to fuel the growth.
Consumer Behaviour in Sweden
Swedes are generally comfortable making purchases online. About 30 percent order something online at least once a month, for example, while almost 75 percent have made an online purchase in the last year.
The most popular type of purchase is fashion.
The list of the most popular eCommerce websites contains both Swedish companies and companies from abroad. The top 10 most popular websites (by traffic) are: Ikea.com, Netonnet.se, Elgiganten.se, Webbhallen.com, Zalando.se, Hm.com, Mediamarkt.se, Coop.se, Apotea.se, Sas.se.
Online shoppers in Sweden also like using their phones. In fact, over 35 percent of consumers in Sweden make purchases online using their mobile phone.
Online shoppers in Sweden as also changing the way they pay for their purchases. The most popular method of payment in Sweden is by invoice, although paying by card is growing in popularity.
eCommerce Trends in Sweden
eCommerce trends in Sweden indicate continued growth. For example, the current total of 6.3 million online shoppers in the country is expected to grow by 900,000 within four years. That will give a total of 7.2 million online shoppers in 2021, an increase of 14 percent.
Source: Statista.com - Monthly share of online shoppers in Sweden from January to December 2016
The average annual spend per online shopper is also expected to continue growing. It is currently US$1,179 but is expected to grow by 30 percent to US$1,527 by 2012.
There are other important trends to be aware of. This includes the fact that just 25 percent of online shoppers make purchases abroad. This figure is significant as it is down on previous years – in 2012, 40 percent of online shoppers made foreign eCommerce purchases.
So, there has been a drop in foreign online shopping at a time when the overall eCommerce trend is upward. This indicates the offering from local eCommerce websites is now more appealing to consumers than it used to be.
When consumers do make foreign purchases, the UK, China, Germany, and the US, are the most popular countries.
Source: Statista.com - Distribution of product categories that consumers purchased online from top 4 foreign countries in Sweden in Q4 2016
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Recommended Shopping Channels in Sweden
You’re a savvy merchant and you are probably already advertising your products on Google Shopping and Facebook Ads. But there is much more market potential to tap into.
Are you wondering what are some of the best shopping channels for online retailers in Sweden?
Kelkoo is a comparison shopping engine with a strong presence in 21 European countries. With the acquisition of LeGuide Group, the network now includes: Kelkoo, LeGuide, Ciao and DooYoo.
Based in London, Kelkoo offers complete and integrated services for online shopping. Thus, increasing revenues for merchants. Currently, Kelkoo is the European leader in ecommerce advertising and shopping comparison.
- Offer id - the identifier of each article
- Title - limited to 80 characters
- Product URL
- Availability: in stock, pre-order, available on orderDelivery cost
- Image URL
- Merchant category
- Delivery time
Feed format required: TXT, CSV and XML.
For a complete list and description of all mandatory and recommended fields you can visit Kelkoo Page.
Present in 15 countries.Countries include Australia, Brasil , Germany, Spain, France, Italy, Netherlands, Poland, Sweden, UK, Russia, China and Japan. Twenga generates qualified traffic to eCommerce businesses of all sizes.
Twenga uses Cost per Click (CPC) pricing specific to each click based on the product category. With more than 75,000 categories, the average CPC will be adjusted for each click based on its conversion potential.
The average CPC, will vary from country to country.
- Merchant ID - Retailer Product ID
- Merchant Ref - Identifier of the group variant of a product
- UPC or EAN code
- Product URL
- Image URL
- Designation - Specific and concise offer name (Name, Brand & Model)
- Description of the product
- Category - the navigation path from the merchant's website
- Unit price - The product unit price per weight
- Energy rating - energy consumption for appliances
- Manufacturer Product ID
- Regular price - before promotion
- Shipping costs
- In Stock
Feed format accepted: CSV, TXT and XML
Feed updates: At least once a day, preferably twice a day, early morning and late evening.
For full Twenga feed specifications visit their detailed documentation.
Established in 2006, Spartoo is one of the leading online fashion destination in Europe. With robust activity in more than 25 European countries, the site has a particularly strong presence in France, Spain, Italy, the U.K., Denmark, and Greece.
Spartoo Entry Requirements
• Fashion retailers who sell fashion products only in categories that already exist in Spartoo.
• Orders must be fulfilled within two to three days, complete with shipment and tracking details.
• You must have a dedicated customer service department to provide answers to customer queries and issues within two days.
• Spartoo prefers to showcase products from established brands. If you're just starting out, it may not be the right marketplace for you.
Setup Costs: None
Monthly subscription: EUR 39 for each country targeted
Comissions: 15% commissions on sales, excluding taxes. Spartoo also covers banking costs, including PayPal transaction fees.
- Product ID
- Product name
- Product URL
- Image URL
- Product description
- Brand name or manufacturer
- Universal product code (UPC)
- Manufacturer part number (MPN)
- Merchant category
- Shipping information
DataFeedWatch is data feed optimization and management software that enables merchants on Magento, Shopify, Volusion, 3Dcart, BigCommerce, WooCommerce, OpenCart, VersaCommerce, and numerous other shopping carts to optimize their product data feed for Google and 1000+ Shopping Channels in 50 countries. The most intuitive and easy data feed management and optimization tool on the market. Free trial and live demo available.