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MarketPlace Monitor: Amazon continues to grow

PRESS RELEASE

MarketPlace Monitor:
Amazon continues to grow in The Netherlands

Amsterdam- 23 February 2021- The MarketPlace Monitor, the quarterly survey by marketplace specialists Maze-One and MeMo², shows that bol.com remains the most attractive sales platform in The Netherlands in the fourth quarter of 2020. Amazon.com is showing growth in popularity and the forecast is that this will only increase in the coming months.

Maze-One and MeMo² publish the quarterly MarketPlace Monitor, a study conducted by marketing research & analytics agency MeMo², to identify and explain the changes in the growing online market. Marketplaces Amazon.nl, AliExpress, bol.com, Coolblue.nl and Wish are included in the survey. The research population is representative of the average Dutch population aged 18 and older.

Platform that fits best in the Netherlands
Bol.com is the most appealing marketplace for 65% of Dutch people, however, the platform is declining slightly in popularity (-3%) compared to the third quarter of 2020. CoolBlue is in second place (35%), followed by AliExpress (31%), both of which also declined by -5% and -2% respectively. Platform Amazon.nl, on the other hand, appeals more and more to the Dutch consumer (29%) and increases in popularity by 5%. Amazon.nl shares fourth place in this list with Wish.

Confidence in online ordering
Confidence in delivery and certainty that the package will be delivered is an important issue for the Dutch. The confidence in delivery at bol.com decreases slightly (-2%) but is still extremely high with 78%. CoolBlue also drops (-7%) to 55%. Amazon.com is in third place with 38% (+3%). The other marketplaces in the study are almost on the same line: AliExpress on 24% and Wish on 29%, where Wish gets the most growth in trust (+7%).

Outlook: trend seems favourable for Amazon.nl
MeMo² has extrapolated research data for the past 1.5 years. The prognosis is that Amazon.nl will gain ground in the Dutch top 3 marketplaces in the coming months.

In the category 'electronics', Amazon.nl is the only marketplace that is rising (+3%) in the fourth quarter of 2020. Based on the extrapolation of this data, MeMo² expects Amazon.nl to continue its rise and overtake CoolBlue, while it is likely that CoolBlue will show a downward trend. However, bol.com is expected to remain the clear frontrunner in the electronics category.

Fig.1 'Electronics bought last year' MarketPlace Monitor Q3/Q4 2020

In the "home" category, bol.com leads the list in 2020, followed by Amazon.nl. The trend line based on the extrapolation of historical data for this category indicates that it is possible that Amazon.nl will overtake bol.com in the 'home' segment in the near future.

Fig.2 'Purchased housing last year' MarketPlace Monitor Q3/Q4 2020

 

If we look specifically at the category "home appliances", bol.com also leads the top 3 (29%), where CoolBlue is currently in second place with 20%. It is expected that Amazon.nl will climb from its current third position (14%) to second place and overtake CoolBlue in this category.

Fig.3 'Household appliances bought last year' MarketPlace Monitor Q3/Q4 2020

Tim van der Bilt, founder and CEO Maze-One.com: "We see the popularity of marketplaces increasing every day. We see our customers doubling or tripling their sales by 2020, especially on Amazon. It's not just the Corona crisis that's causing this, e-commerce - especially via marketplaces like Amazon and bol - has been a trend for a long time, and it's only getting stronger and faster now".

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Maze-One
Press enquiries via Charlotte Wilberts,
charlotte.wilberts@maze-one.com or 06-24403809

About Maze-One
Maze-One is a full-service marketplace agency, working closely with clients to drive success for their business. Both in vendor and seller accounts. Our focus is helping brands to build sustainable, profitable relationships with Amazon and other marketplaces. We drive business growth for brands via marketplace management and consultancy, protects brand IP and enables our clients to expand internationally. With offices in in Amsterdam, Copenhagen, London, Madrid, and Stockholm, Maze-One services over 60 clients in 7 markets. www.maze-one.com


About MeMo²
MeMo² is an internationally operating marketing research & analytics agency based in Amsterdam with the MeMo² Data Science Center in Groningen. MeMo²'s aim is to provide advertisers and agencies with insight into the effectiveness of the broad field of marketing communication activities in order to offer complete control over the development of brands. MeMo² operates in >20 countries and is one of the most awarded marketing research & analytics agencies in the Netherlands with recognition from, for example, MOA, AMMA and IAB Europe. www.memo2.nl