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Basic Dropship Market in Turkey
Turkey is a nation covering Eurasia. Nearly 80 million people live in Turkey as of 2016, 42.7 percent of which are between 25 and 54 years old. However, in Turkey, the rate of internet penetration is 51 percent, which is smaller than in many European countries.
Let’s now examine Turkey’s simple drop-ship market so you can learn more about dropshipping in Turkey and its performance.
Turkey’s Dropship Business
However, in Turkey, the rate of internet penetration is 51 percent, which is smaller than in many European countries. Forty percent of Turkish Internet users often use mobile phones for Internet access. According to a Turkish Statistical Institute report, 24.8 percent of internet users aged 16 to 74 in Turkey can buy products and services online. In the e-commerce sector, such as internet marketing, information technology, and logistics, about 200,000 Turks are involved.
Emre Ekmekci, President of the Turkish E-Commerce Association (ETID), reported that Turkey’s share of the dropshipping market has continued to grow and that e-commerce would become an essential part of customer life. 3.5% of Turkey’s overall trade is paid for by e-commerce. While the proportion of e-commerce in Turkey is rising, Ekmekci noted that this percentage is still smaller than the world average.
Nearly 50% of Turks enjoy Turkey dropship Business, including online shopping clothing and athletic products. The computer devices are another common product segment, followed by household goods and travel services.
In an interview, Turkish online payment provider CEO Iyzi Payments said credit card payment is the most popular online payment form in Turkey: loyalty card installments, Mastercard, and Visa cards. However, Turkey’s usage of mobile payment firms such as PayPal (stopped working in Turkey in June 2016), BKM Express, para, and Paytogo has also increased.
Can I Dropship from Turkey?
Warehouse and Logistics
Turkey’s requirement for logistics timeliness, Turkish Express, will hit 1-3 business days. The average maximum tolerance is around four days, so it is especially important to select overseas warehouse building or time-sensitive direct mail logistics services.
Logistics was monopolized mainly by the Turkish Post until 2005. The third-party express distribution industry has also grown in recent years, along with the growth of e-commerce, to provide customized logistics delivery services for e-commerce business needs.
Turkish e-commerce couriers consist mostly of Turkish Post PTT, Yurtic Kargo, Aras, and MNG Kargo. Yurtic kargo operates robust express services, comparable to SF Express, among others.
Cross-border e-commerce businesses in Turkey primarily postal mail via postal packages. More than 10,000 parcels are imported by regular daily mail, of which 70 percent-90 percent are from China, mostly by China Post, Hong Kong Post, Singapore Post, and Malaysia Post.
Turkey has the only office to exchange international mail outside Istanbul Airport. Therefore, in Istanbul, postal packets sent to Turkey need to be sorted. The Foreign Mail Exchange Bureau must deliver a general mail package to the postal service abroad and accept, open and process an available mail package received by the postal service abroad.
Credit card payment accounts for up to 90% in terms of revenue in Turkish online, which is the most widely used payment form for Turkish e-commerce users; the most common price is by mobile operators, and Turkey triggers this phenomenon. Digital gaming use began earlier, and paying for games is primarily based on mobile payments.
E-wallets, etc., have steadily appeared in Turkey beginning in 2013, but they have not yet become popular. Turkey demanded a third party payment in 2015 to become a locally recognized corporation in Turkey and to receive a sufficient business authorization. Also, in the same year, Paypal retired from the Turkish business. What payment methods can I use for dropship vessels in Turkey, because PayPal is not an option? Delivery cash and e-vouchers are still among the most frequently used options for Turkish e-commerce consumers. About 5 percent of consumers use online shopping with web shipping and mobile coupons.
Turkey’s Top 4 Dropship Platforms
E-commerce channels, multi-category providers, and private shopping portals dominate the drop ship market in Turkey. There are nearly 16,000 home appliance distributors in Turkey, and Hepsiburda, the first-selling e-commerce platform, accounted for just 11.7 percent of the market share. The e-commerce remaining accounts for less than 10 percent. Gitti Gidiyor (a massive auction site invested by eBay), Hepsiburada (Turkey’s biggest e-commerce platform), Trendyol (fashion clothing websites), and Markafoni are among the main dropshipping website businesses in Turkey.
GittiGidiyor was founded on February 5, 2001, as a dropshipping Turkey website company. Now the company is a division of eBay. The business name derives from “go, go, go” in Turkish expression. GittiGidiyor is a well-known Turkish dropship web site. It was at its height in 2011, and items from GittiGidiyor are close to eBay’s main website.
EBay had already issued a limited sum of GittiGidiyor shares as early as 2007. In April 2011, eBay raised the Turkish auction site’s stake of GittiGidiyor to 93 percent. “The name of the organization derives from the” go, go, go “Turkish translation. For one-click purchases on the website, you can add several products that have been saved to the listing service and use specialized inventory management tools to batch philter all the products on the list service tab. To group products and process the clustered products, use advanced filtering tools to access report reports quickly, and make it easy to handle stores.
Hepsiburada, established in 1998, is Turkey’s largest B2B online retailer. Hepsiburada is part of the information, energy, and financial services consortium of Dogan. At present, Hepsiburada is estimated at US$ 400 million and has more than 5,000 vendors covering 500,000 goods. Currently, Hepsiburada.com has four large warehouses and last month sold 1 million shipments. Within one day, 70 percent of client orders will be shipped.
The company recently secured $100 million in funding from Abraaj, which is primarily used to expand its local e-commerce market in Turkey, including investing in constructing a large-scale interconnected logistics center to replace the existing five localized warehouses. This platform currently offers 1 million goods, including cosmetics, books, kitchen appliances, and furniture, every month.
Established in 2010, Trendyol is a retailer of clothing that uses social networking sites to do business. Quick sales are the central concept of the online fashion store Trendyol, i.e., what is available in the garment industry is the most common right now and then sold at a very cheap price to the industry. The business uses the 500,000-fans Facebook page to encourage consumers to leave the social networking site during the buying process. It had previously raised $26 million from Tiger Global and used the funds to develop its the Middle East and North Africa markets.
The first dropshipping Turkey website company was established by Markafoni and founded in 2008. He is the first merchant to leave Turkey as well. Markafoni established a flag website in Sydney in 2009, started marching to Greece, Ukraine, and South Korea in 2010, and established an official Polish website in 2011.
Markafoni is estimated to have 1,000 staff as of 2014, and the number of independent visitors hit 25 million every month.
Conclusion-pick the right forum for Dropship
Yes, Naturally. Dropshipping currently has a tiny market share in Turkey, but there is a tremendous opportunity for the dropshipping industry in turkey due to the annual rise in turnover. Choose the right dropshipping Turkey website business partner; it will make it simpler for your Turkey dropship business.
More details on dropship wholesale clothes for ladies in Turkey can be reviewed.
You only need to open an online shop and pick items from it, and they will be entirely responsible for shipping, warehousing, distribution, and transportation. The products will arrive at the fastest possible within 48 hours.