Survey: Greek E-Commerce Turnover Tripled to €15B in 2020

November 30, 2020

ATHENS — E-commerce turnover is expected to triple totaling 15 billion euros in 2020, helped by the pandemic crisis, but this growth is not equally distributed, the Institute for Small- and Medium-Sized enterprises of the Hellenic Confederation of Commerce and Entrepreneurship said in a survey released on Monday.

The survey, conducted on the occasion of the Black Friday, said that “Undoubtedly, large retail players have been mostly favoured by the impressive increase in e-commerce. On the other hand, smaller enterprises record a significant gap in comparison with larger enterprises, however they manage to find ways to respond to this challenge”.

More than 70 pct of smaller enteprises have Internet access, a 36 pct have an active web page and more than 55 pct an active page on social media, the survey said. The survey was conducted on a sample of 500 enterprises in the retail commerce in the period November 16-25.

The survey showed that a 70 pct of enterprises were more willing to invest on digital transformation because of the lockdown, a 59% reported an increase in sales in comparison with the previous year, while the majority of them recorded a slightly increase. A 74 pct of stores reported an increase in the number of visitors on their websites, with only 11 pct of them reporting a strong growth. A 43 pct of enterprises have made marketing moves on Facebook or other sites.

A 79 pct of enterprises did not participate in the Black Friday event. From those that did, a 49 pct used social media and the corporate website (31 pct), while others used newsletters (20 pct) and sms (17 pct).


ATHENS - Renewable energy sources will cover 50% of electricity demand in Greece by the end of 2022, Environment and Energy Minister Costas Skrekas said on Wednesday.

Top Stories

General News

FALMOUTH, MA – The police in Falmouth have identified the victim in an accident involving a car plunging into the ocean on February 20, NBC10 Boston reported.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.

General News

PHILADELPHIA – The Federation of Hellenic Societies of Philadelphia and Greater Delaware Valley announced that the Evzones, the Presidential Guard of Greece will be participating in the Philadelphia Greek Independence Day Parade on March 20.


New Evacuations for Communities Near California Forest Fire

JACKSON, Calif. — Evacuation orders were expanded Tuesday for remote California communities near a wildfire that may have been sparked by fireworks or a barbecue on the Fourth of July in a mountainous region that's a top tourism destination.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. abc@xyz.com

You may unsubscribe at any time using the link in our newsletter.