Stay ahead of the curve and future-proof your business with Mintel’s Germany Online Marketplaces and Peer-to-Peer Selling Market Report 2023. Our full report is packed with consumer-led market intelligence, online marketplace trends in Germany, and consumer behaviours affecting your industry. Get a 360° view of online marketplaces in Germany including peer-to-peer selling and a growth forecast to help you align your business strategy with the needs of your audience.
Below, we’ve handpicked the key insights analysed in the full report and summarised the core topics.
Topics Analysed in this Report
- A detailed outlook on online marketplaces in Germany, including market drivers and expert insights.
- Consumer attitudes towards peer-to-peer selling in Germany: Use of marketplace platforms, products bought, and reasons for shopping via marketplaces/peer-to-peer sites.
- Concerns surrounding online marketplaces Germany.
- Retailer and advertising activity.
An Overview of Peer-to-Peer Selling in Germany
Mintel’s Germany online marketplaces report shows that household budgets continue to be strained by inflation, leading German consumers to become increasingly focused on finding the best price with 66% of consumers spending more time looking for the cheapest options.
For most, the internet provides the best place to compare prices and find the lowest offer. Marketplace platforms can also benefit from this value-focused shopping behaviour.
Online Marketplaces Germany: What Consumers Want and Why
- The Influence of Inflation on Peer-to-Peer Selling in Germany: Participation in peer-to-peer selling platforms has increased due to consumers’ financial worries. Price is a key driver of shopping on online marketplaces, with 52% doing so in order to snatch a product at a lower price point. In challenging economic times, marketplaces can highlight the fact that by buying second-hand, sustainability does not need to be sacrificed to receive value. Moreover, marketplaces can provide exclusive deals to foster the uniqueness of the platform.
- Challenges for Online Marketplaces Germany: When it comes to shopping on online marketplaces, consumers have significant concerns around authenticity and quality. 22% of consumers are concerned that the product they buy on marketplace platforms will be counterfeit/fake. To reach new audiences and reassure consumers, it is vital to address these concerns through protections against fake products. Online marketplaces in Germany can use social media to communicate with shoppers by showing the authentication process of products to limit the fear of fakes.
Online Marketplaces Germany – Market Forecast
- Many German consumers think AI will have a positive impact on their shopping experience and that AI-generated product recommendations will make it easier for them to shop online.
To learn how to connect with your audience, purchase our Germany Online Marketplaces Report 2023 in full. Reveal lucrative innovation opportunities to help your business grow during times of financial uncertainty.
Products and Brands Discussed in this Report
Brands: Amazon, Klarna, StockX, YouTube, Adidas, eBay (Kleinanzeigen), Etsy, Vinted, Facebook Marketplace, Kaufland, TikTok, Facebook, Pinterest, Twitter (X), Snapchat, Twitch, LinkedIn, Reddit, BeReal, Otto, Zalando, Shpock, MediaMarkt/Saturn, Peerby, Instagram, Snocks, and many more.
Products: Clothing, accessories, footwear, home and garden products, food (for eating at home), drink, household care products, beauty products, toiletries, fragrances, cosmetics, hard-copy books, DVDs, CDs, video games, consumer electronics, household electrical appliances, DIY products, furniture/home furnishings, toys, board games, digital music/video, game downloads, ebooks, jewellery, watches, and more.
Additional Features Included with Your Purchase
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Expert Insights on Peer-to-Peer Selling in Germany
This report, written by Katharina Kirsch, Analyst, delivers in-depth commentary and analysis to highlight online marketplace trends in Germany and add expert context to the numbers.
In tough economic times, online marketplaces can provide value by offering the chance to compare prices, provide exclusive deals, and find a bargain with second-hand purchases.
Katharina Kirsch
Analyst