Start E-Commerce in Turkey
"Unleashing the power of e-commerce for your business!"
Quick Overlook to E-Commerce in Turkey
- Turkey is one of the fastest growing e-commerce markets in the world!
- Population of Turkey is 85 million.
- In 2021, total revenue generated in e-commerce was 23 Billion USD and by the end of 2025 it is expected to reach around 46 Billion USD.
- Between years 2015-2019 annual average growth of e-commerce market in Turkey was 35%!
- In 2021, there were 3.347.000.000(3 Billion 347 Thousand) orders made online in Turkey.
- In 2021, the share of E-Commerce in Turkey was 17,7% which shows us that there is still enormous growth area in e-commerce.
The Most Important Marketplaces in TurkeyTRENDYOL
- The most visited marketplace in Turkey.
- No fixed monthly fee
- Excellent Seller Assistance System
- Leading in Fashion&Apparel Category
- Does not offer warehousing but offers distribution system
- Relatively higher comissions
HEPSIBURADA
- 2nd most visited marketplace in Turkey.
- No fixed monthly fee
- Leading in Electronics category
- Excellent Seller Assistance System
- Has its own warehouse and distribution system
- Relatively lower comissions
AMAZON
- 3rd most visited marketplace in Turkey.
- Globally leading brand
- The most trusted marketplace
- Excellent Seller Assistance System
- Offers FBA
- Relatively lower comissions
What you need to have to start E-Commerce in Turkey?
- Limited liability company(LTD).
- Company address.
- Company bank account.
- Contact person.
- Warehouse for sending products and receiving returns. (If you are not using marketplace fullfilment option).
Worth to know!
- Turkish online marketplace Hepsiburada has been listed on NASDAQ in 2021 and valued 3,9 Billion USD.
- Other Turkish online marketplace Trendyol has been valued 16,5 Billion USD in 2021 and became the first "Decacorn" company of Turkey.
- Amazon has increased its investment by 100 MUSD more in 2021 to meet the increased demand from customers.
- Above developments show that e-commerce and online sales in Turkey are very solid and still there is enormous space to grow.
- Most of the people in Turkey are tech savy.
- Even people that are purchasing goods from physical stores initially checking online marketplaces and online stores.
Why INBUCO?
"Streamlining your e-commerce operations for maximum efficiency."
- We have team consist of experts such as CPAs, Lawyers and Business Professionals. Through that, we can give you all the services you need from one place.
- We have over 20 years of experience with 115 active clients.
- We offer Company Formation, Accounting Services, Import&Export Assistance, and also Account Management. All you need is in one place!
- We speak your language! We speak 6 languages; Turkish, English, French, Arabic, Spanish and Korean.
- We are also operating in EU in Estonia. We have a solid knowledge of both Turkish and European markets.