Pay by Link sell online without a webshop

The “E” stands for electronic. “Commerce” is the English word for trade. E-commerce is often also referred to as online trade, meaning the sale of goods and services via the internet. One of the biggest advantages of online trade is the ability to reach customers regardless of location.

Online sales have been growing year after year. For example, 15 years ago, the e-commerce market volume was €6.4 billion. Since then, it has steadily increased and reached €72.8 billion by the end of last year. As of 2020, online trade held a 12.6% market share (source: HDE Online Monitor 2021). This means that part of local in-store business is shifting to the internet. To avoid losing sales or to boost your revenue, you should also consider selling online.

Even if online shopping is not yet common in your industry, customers are still likely to look for information online. At the very least, having an online presence is essential to attract attention.

As an online retailer, it’s crucial to ensure legal compliance. This includes clearly stated delivery times, pricing, data protection and an imprint/legal notice, all of which are mandatory.