Online store expansion to Ukraine

Hunger for goods from the west

38 mil. population
8,9% year‑on‑year growth of e‑commerce
2 111 population per online shop

Ukraine = a large market with great potential for eshops expanding abroad. After the situation related to the war calms down, significant growth is expected due to low competition. Timely eshop expansion can bring significant opportunities.

WHY EXPAND
YOUR ESHOP
TO UKRAINE?

The low degree of competition associated with the prewar stage of maturity of the ecommerce market. Once the war is over, Ukrainians will jump into online shopping. And the advantage will be with the eshops that enter the Ukrainian market first.

RAPID GROWTH
OF E‑COMMERCE

Ukraine’s ecommerce market will reach a value of USD 5.37 billion by 2028 with annual growth of around 6.5%. Of course, it all depends on the current situation related to the war conflict.

 

ENORMOUS INTEREST IN
WESTERN GOODS

Ukrainians have a huge interest in foreign products, especially fashion, electronics and cosmetics. The biggest online stores in Ukraine include Rozetka, Makeup and Comfy.

WHAT SHOULD YOU TAKE INTO CONSIDERATION WHEN EXPANDING INTO UKRAINE?

Ukraine’s biggest risk is the current political situation. Noone can predict the developments on this front. The advice is to monitor the situation and proceed with caution.

Knowledge of foreign languages is very low among Ukrainians. Of 32 European countries, Ukraine finished 28th in 2018. The overwhelming majority of the population does not speak any foreign language. However, the situation with regards to their native language is also ambiguous. While 70% of the population consider Ukrainian to be their native tongue, 30% consider it to be Russian. This 30% not only includes the Russian ethnic minority, but also Ukrainians themselves. Eshop operators should therefore be prepared for this linguistic inconsistency and translate their Ukrainian e‑shop into both languages.

In terms of customer support, it is necessary to operate it on a Ukrainian telephone number and in Ukrainian. Ukrainians always appreciate the opportunity to communicate in their native language and it would be good if an eshop gave a local and trustworthy impression.

We will be happy to prepare tailormade research into the Ukrainian e‑commerce market, your Ukrainian competition and other information, including what to look out for when expanding your eshop to Ukraine.

WHY EXPAND INTO UKRAINE WITH NK EXPAND?

We are pros at expanding e‑shops into new markets. Our results back that up. Our clients have been acquiring new customers from all European countries for their e‑shops since 2014. Thanks to our unique know‑how, you and your e‑shop can successfully expand across Europe!

WHO HAVE WE ALREADY HELPED TO ACQUIRE NEW CUSTOMERS ABROAD?

Herbatica

Successful e-shop expansion to Hungary. By setting up effective PPC campaigns, we have increased their conversion rate by 7.8% while reducing the advertising investment by as much as 30%.

WHAT WILL YOU NEED TO EXPAND TO UKRAINE?

EXPANSION TO OTHER COUNTRIES? SURE! WITH NK EXPAND YOU CAN EXPAND ACROSS EUROPE

OTHER E‑SHOPS THAT WE HELPED SUCCESSFULLY EXPAND ABROAD

Case studies

NK Expand | Pomáháme expandovat do zahraničí

Contact us

NK Expand | Pomáháme expandovat do zahraničí

Send us an e‑mail

NK Expand | Pomáháme expandovat do zahraničí