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Otto

By Chris Dawson September 10, 2021 - 10:10 am

Computop and empiriecom deepen cooperation for marketplace platforms

Many large online retailers are expanding their shops into marketplace platforms and inviting other merchants and manufacturers to add their products to the range. However, this model brings with it special demands when it comes to payment transactions and retail systems. In response, Computop, a

Otto marketplace sees online revenue soar up to €7.7 billion

Otto marketplace today announced full-year results which saw online revenue increase to €7.7 billion. That's up 4.5% on the year-on-year (YoY) basis. The results for the financial year of 2018/19 are measured until the 28th of February 2019. The marketplace puts down the growth to focus

How German marketplace Otto competes with Amazon

Otto, founded in 1949 is one of the largest ecommerce retailers in the world and one of the few who can compete with Amazon in Europe. A retailer in their own right, they are also a marketplace and Micheal Otto, Otto executive board chairman, previously

Otto

OTTO is the second biggest online retail destination in Germany and claims to be the biggest online retailer there for fashion and lifestyle products. Long established as an offline brand, now 90% of its goods are sold online and it also hosts a marketplace. OTTO

Otto introduce instant bank transfer payments

Online retailer and marketplace, Otto have introduced a first for German retailers and consumers - Otto instant bank transfer payments enable customers to transfer payments instantly for their purchases. You can read more about the selling opportunity on Otto here. This is key for the Germany

How to get started selling on Otto in Germany

Germany is one of the biggest economies in the world with a population of 82 million. Otto is Germany's biggest online retailer for fashion and lifestyle products with worldwide online sales of just under €7.8 billion and growing at over 10% a year. Around 45%

Otto is flourishing: is it an opportunity for merchants?

European online retailer and marketplace Otto has enjoyed significant growth in recent months. As they said in a report about the financial year 2017/18: Once again, e-commerce was a key factor in this positive development. Worldwide, online sales grew by 10.9 per cent to just under

Marketplaces 2018: Otto

This post about OTTO is part of Tamebay’s January 2018 Marketplaces series sponsored by Flubit. For more information about marketplaces check out the Tamebay Guide. Web address: www.otto.de Marketplace Overview OTTO is the second biggest online retail destination in Germany and claims to be the biggest online retailer

Recent Comments

17 hours ago
Gav: That's what I thought all these GSN GTIN ASIN EAN etc numbers are really for....
1 day ago
Amj: Depends on number of orders but is expensive...
1 day ago
Ifellow: Do the research, develop the product, take the risk, establish the product, then Amazon can...
2 days ago
Ifellow: I think it's at least £150 a month plus VAT. But i haven't used it in...