04/26/2022
Reponse to: ๐ช๐ต๐ถ๐ฐ๐ต ๐ฐ๐ผ๐๐ป๐๐ฟ๐ ๐๐ต๐ผ๐๐น๐ฑ ๐ ๐๐ฎ๐ฟ๐ด๐ฒ๐ ๐๐ต๐ฒ๐ป ๐๐ฒ๐น๐น๐ถ๐ป๐ด ๐ฝ๐ฟ๐ผ๐ฑ๐๐ฐ๐๐ ๐ผ๐ป๐น๐ถ๐ป๐ฒ?
Different cases are different. But if I have my own store selling an everyday product like apparel, these FIVE countries are my go-to options. And here's why -
1 - ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌโฃโฃ
- High average disposable incomeโฃโฃ
- Enormous e-commerce spendโฃโฃ per capita $3,428
- Large populationโฃโฃ
- **Many fulfillment centers available** (and thus fast shipping)โฃโฃ
- Ecommerce sales vs. In-store sales ratio is rising each yearโฃโฃ
2 - ๐๐ง๐ข๐ญ๐๐ ๐๐ข๐ง๐ ๐๐จ๐ฆโฃโฃ
- Highest eCommerce spend per capitaโฃโฃ $4,201
- 98% of the population speaks Englishโฃโฃ
- A large population of 66.6 million peopleโฃโฃ
3 - ๐๐ฎ๐ฌ๐ญ๐ซ๐๐ฅ๐ข๐โฃโฃโฃโฃ
- A big eCommerce spend per capita of $1,764.โฃโฃ
- A social network pe*******on of 79.9%.โฃโฃ
- And the eCommerce revenue annual growth rate is expected to be 5.8%!โฃโฃ
- Less expensive to target in comparison with the USโฃโฃ
- High eCommerce revenue annual growth rateโฃโฃ
- Each resident spends almost 150$ a month on e-commerce purchasesโฃโฃ
4 - ๐๐๐ง๐๐๐
- Average eCommerce spend per capita is $1,746โฃโฃ
- English speaking populationโฃโฃ
- A high share of millennial online shoppersโฃโฃ 28%
โฃโฃ
5 - ๐๐๐ซ๐ฆ๐๐ง๐ฒ
- High GDP per capitaโฃโฃ $45.7k
- Large populationโฃโฃ
- A high percentage of English speakers compared to other European countriesโฃโฃ
- Less competition in comparison with the US or UKโฃโฃ
- Austria, Switzerland, and other similar countries could be targeted together
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