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Itália: The Miracle Country Has Potential!

The Italians Are Good At Anything.

Is E-commerce One Of Them?

Creation of Adam by Michelangelo Painting Two Man

 

Itália, the boot of Europe, has been one of the most influential countries considering its rich culture and history. A casa do Roman Empire, Renaissance, Leonardo da Vinci, Galileo, Michelangelo, Raphael e o Mafia. The inspiring words of Dante veio para esta terra, os escândalos do Família de Borgia realizou-se nestas terras, a música de Verdi e Vivaldi ecoou entre as pessoas hipnotizadas da Itália.

Cores de bandeira italiana hortelã Spagetti tomates

 

A cozinha de água na boca com macarrão, pizza, Tiramisu, risoto, Bruschetta, café, sorvete e vinho são mundialmente conhecido e amado. Al Pacino, Sophia Loren, Madonna… Quem não é italiano? O entendimento italiano de gosto, formas e estruturas são visíveis em todos os aspectos da sua vida. Olhar para Olhar para, even the cars are enough to see that!

Black Car Lamborghini Aventador

 

Italy has a very special meaning to the world if we consider the gifts it gave away. The unique designers like Valentino, Prada, Versace, Gucci or the directors like Vittorio de Sica, Frank Capra, Bertolucci, Coppola, Fellini e Antonioni who opened up new windows in front of the world. Italy has the passion for love, knowledge, art and beauty.

Italy Seaside

 

Bella Country Male Economy

Italia has a population of 61,1 million people and is the 5th most crowded country in Europe. Its growth rate is negative (-1.8) due to the economical problems after the crisis. Many of the banks in Italy have failed the stress tests by the European Comission and European Central Bank. The Prime Minister Matteo Renzi’s program to stabilize and revive the Italian economy covers tax cuts, additional borrowing and sweeping reforms to the labor market. It is not approved yet but it will focus on mostly Italy’s deficit target.

Italy has been a country which has seen many struggles throughout the history. From the time of Roman Empire until today. The cultural richness of the country is unique and impeccable. The economical luck is in question though. Even though there was an Italian economic miracle once, does Italy deserve a second one? The question remains. But despite the economical stance of the country it is possible to say that the e-commerce market has its own luck.

Let’s Look At Some Numbers!

  • Italy has 35.5 million internet users and has the 18th place in the world by internet usage.
  • The internet penetration rate is 60% and the volume of the e-commerce market in Italy is 19.8 bilhões de dólares.
  • The growth rate of the e-commerce market is 20 por cento. The annual spent money per user online is 1,678 dollars. Also the mobile market is a supporting factor for the e-commerce. The mobile penetration rate is 51.8 por cento.

According to Statista the expected growth trend of Italy is like this:

gráfico

The Italian Online Retailers

Hoepli International Bookstore is located in Milan is among the largest libraries of Europe with a selection of books over 500,000 livros. There are a variety of book categories with an option of different languages too.

The website offers thesis, livros, films, games and even toys. It provides useful contents over the products and also present charts for different categories periodically. There are many payment options and discount campaigns.

Yoox.com was established in 2000 and is world’s leading online lifestyle store for fashion, design and art. Their products include world-known famous designer’s clothes, eco-friendly products and also rarely find vintage objects or art books.

The Italian E-commerce Market

Italy Rome City

 

Italy’s economy is a cash-based economy so the online or credit card payment systems are not a big part the natural shopping and buying behavior of Italian people. Since the economical stance of the country and high unemployment rates are present so is the low income. If a company wants to enter the e-commerce market the payment services should definitely include CartaSi, MasterCard and VISA options. They are the most frequently used credit cards and 7 million Italians use credit cards. The other payment systems used are PayPal and cash-on-delivery. Existem 13 million online shoppers who use mostly Paypal then credit cards. The popular products and services are vacations, travel tickets, vestuário, electrónica de consumo, media and groceries.

Shopping Cart Graph

  • The investments in the e-commerce market are mainly focused on the marketing, consumer experience, mobile and the technology. There are also investments for internationalization, logistics and customer care.
  • The reasons of the low conversion in online shopping (1.9%) can be named as mainly prices, duration and cost of shipping, shopping from physical stores and lack of confidence in the payment systems.
  • Italy currently has the 5th place in online retail sales in Europe.
  • Niche online retailers have a bigger chance in Italy considering the bad economic situation and the inequality between purchasing power of people. The younger generation will be drawn to niche retailers immediately.
  • It is also important to remember the lack of trust for the online orders. Então pode ser benéfico para os varejistas de multi-canal oferecer ponto de dispositivos de venda em suas lojas que podem acessar inventários adicionais e tem transporte para casa. Isso pode criar mais receitas e também confiabilidade para o nome da marca em serviços online.

Fontana di Trevi Itália Roma arquitetura edifício fonte esculturas

 

Últimas palavras

Itália está passando por uma fase difícil economicamente, mas o mercado de comércio eletrônico da Itália não parece está seguindo a mesma direção. The numbers look promising and the niche companies may get a chance to grow in this market and induce a growth in the overall market, também. The important key to success in the e-commerce market is making secure investments, create a trusted brand image and make sure the customers are willing to buy their products. Maybe the next Italian miracle will be the e-commerce growth. Quem sabe?

Erden nulas – Executivo de marketing – Nil@prisync.com – Prisync.com

Nós, como Prisync equipe, estará cobrindo os mercados de comércio electrónico dos diferentes países de todo o mundo e incidirá sobre as percepções que são específicas para cada dos respectivo mercados.

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