I didn't expect it! The business opportunities triggered by the European sports events are so huge! In Europe in 2024, the sports events are full of passion! The UEFA European Championships have created a soccer frenzy, and the Olympics have attracted global attention, making the e-commerce market in Europe thrive!
According to the German Ifo Institute, the UEFA European Championships will bring 1 billion euros to the German economy, while the Paris Olympics will create 6.7-11.1 billion euros of economic benefits for the Paris region. Behind these astonishing figures, the huge consumer potential of the European Union is evident.
While we're immersed in the action, it's easy to see that business opportunities are everywhere. From jerseys and shoes to cheering merchandise, there are opportunities everywhere. This wealth has already been seized by those Taiwanese sellers who have prepared in advance, but don't despair if you haven't yet set up your own global store - after all, the tournament will continue to be a hotbed of activity for months to come!
What I am going to say may change your mind. According to relevant data, during the 51 matches of the European Cup, 2.7 million tourists are expected to visit the major stadiums, and about 7 million fans are expected to watch the matches in the spectator areas. Such a huge crowd of spectators creates a huge demand for consumption, and in such a consumption trend, everyone has the opportunity to benefit from it.
Most surprisingly, soccer is the national sport of Europe, and the demand for related products is quite impressive. Flags, T-shirts, socks, stickers, backpacks, keychains and other small items are in high demand during the tournament. These orders are already growing rapidly, so there are plenty of business opportunities in Europe!
There are also great business opportunities for supporting more manufactured goods. Surfing events at the Olympic Games have attracted much attention, and sales of inflatable paddleboards and other equipment such as life jackets have continued to rise. In addition, bicycle racing is also a popular event, with strong demand for all types of vehicles, and demand for helmets and other accessories has grown significantly.
Here's a real-life example: "I've been in the business of exporting ball products to Europe for many years, and this year's UEFA Euro Cup was undoubtedly a lucky highlight for me! During the tournament, I made full use of Amazon's promotional tools to multiply my sales. Especially in France, Italy and other sites, the offer is only 95% off, not only the profit margin is large, but also can lead to more conversion."
Sellers who are not yet on the site needn't worry, because the heat of the European site will continue to grow! The aftermath of the event will continue for months to come, and Europe's love of outdoor sports will continue to drive traffic to the category.
According to Mordor Intelligence report, the European e-commerce market size is expected to reach US$647.34 billion in 2024, and is expected to increase to US$951.16 billion by 2029, growing at a CAGR of 8%. It is a wise choice to enter the Amazon Europe website at this time to grasp the business opportunities!
It only takes 4 weeks to open the UK site and 12 weeks to achieve full coverage of the whole of Greater Europe. With the European Export Program, you can sell directly to over 30 countries in Europe, expanding your business and increasing your sales.
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# Cross-border E-commerce Sellers # Amazon Global Store # European Sites # Sporting Goods Market # Taiwan Manufacturers # Olympic Business Opportunities # E-commerce Entrepreneurs