Double-digit growth in online sales in Switzerland
Sales in the Swiss online retail sector are expected to rise by 16 percent this year to 1.2 billion francs—based solely on Swiss online stores.
Sales in Swiss online retail will increase by 16% to CHF 1.2 billion this year - in terms of Swiss stores alone. Together with foreign providers and auction houses, sales will climb to over 2 billion francs. As the NZZ am Sonntag reports on the latest study by the Hergiswil-based market research company IHA-GfK, online sales are also becoming increasingly important in the Swiss retail trade. Online sales already grew by 15 percent in 2005 and are expected to increase by 16 percent this year. The retail trade accounted for 1.2 percent of this in 2005. This figure is expected to rise to 1.4 percent in 2006.
The following picture emerges with regard to the individual submarkets: almost half of sales are generated in the multimedia sector. 6.5 percent of total sales are already made online. Food, on the other hand, has only reached 0.3 percent - which, according to the experts, holds great potential for growth.
In 2005, the so-called pure players, whose products are only available via the Internet, generated 32% of sales. Among the multi-channel players, the mail order business occupies a dominant position. In 2005, 18.9 percent of sales were generated online; in the first half of 2006, this figure had already risen to 25.6 percent. Experts therefore also believe that the large main catalogs that mail order companies send out twice a year will soon be a thing of the past.
The following picture emerges with regard to the individual submarkets: almost half of sales are generated in the multimedia sector. 6.5 percent of total sales are already made online. Food, on the other hand, has only reached 0.3 percent - which, according to the experts, holds great potential for growth.
In 2005, the so-called pure players, whose products are only available via the Internet, generated 32% of sales. Among the multi-channel players, the mail order business occupies a dominant position. In 2005, 18.9 percent of sales were generated online; in the first half of 2006, this figure had already risen to 25.6 percent. Experts therefore also believe that the large main catalogs that mail order companies send out twice a year will soon be a thing of the past.
