CONNECT WITH US
eCommerce

eCommerce

Partner sales on Bol continue growing

Ecommerce News EU logo

Published on

Add as a preferred source on Google
Partner sales on Bol continue growing

Dutch online marketplace Bol is not growing as fast as it did last year. Its own sales have stagnated, but sales by partner sellers on the platform continue to grow significantly. Even with fewer partner sellers.

Bol’s parent company, Ahold Delhaize, has not yet released any specific figures regarding Bol this year. Dutch consumers are under financial pressure, as the parent company has now reported for three consecutive quarters: as a result, customers are choosing cheaper products from Bol’s product range more frequently.

In the first two quarters, Ahold Delhaize also pointed to the strong year-over-year comparison, which weighed on Bol’s performance. In its latest quarterly report, the parent company also cited problems with a logistics partner. This refers to the cyberattack on Ceva Logistics, which disrupted deliveries from a distribution center in Waalwijk in August.

Ahold Delhaize does not disclose specific figures for Bol. However, the latest quarterly report does provide insight into the trend in online revenue streams. Third-party online sales from July through September totaled 787 million euros, up 7.9 percent from the third quarter of last year.

As a result, online partner sales exceeded the 773 million euros in ‘other online sales’. This category includes, among other things, Bol’s own online sales and commissions on partner sales, as well as online sales by Etos and Gall & Gall. Growth in this category stalled at 0.7 percent:

Ahold Delhaize reports revenue from online grocery sales (primarily from Albert Heijn) separately.



Source link
Related Topics:eCommerce

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.