Selling online in Colombia

Ecommerce sales facts & tips on selling in Colombia

The top ecommerce websites in Colombia are mercadolibre.com.co, dafiti.com.co and linio.com.co. Other top retail sites include asivendo.com.ar and mercadoshops.com.co . It’s worth checking out those popular ecommerce sites/platforms to see which one(s) would be the best fit for your product in terms of traffic volume, competition and the type of ecommerce buyers they attract.

The top products/product categories for Colombian online buyers include airline tickets, hotel reservations, coupons, electronics and clothing/footwear. Offering products from these categories can help you establish your presence on the Colombian ecommerce market.

The top payment methods for digital purchases include credit card, cash and debit card. It’s important to provide your (potential) customers with payment methods of their preference. In many cases, if online shoppers can’t find their preferred or trusted methods of payment during checkout, they will abandon the shopping cart.

Optimizing checkout for your customers can have the biggest impact on your conversion rates. This is crucial also for your international online buyers. Thus, take care to provide international payment, currency conversion and suitable shipping methods.

Mobile commerce is shaping the future of ecommerce in Colombia, but also around the world. Ecommerce sellers should bear this in mind when setting up their online stores and product listings. Mobile optimization and great mobile buying experience are a must for all growth-minded online sellers.

To drive Colombian traffic to your website, local marketing & SEO will help you get it right. When you localize your online store for international markets, enable international search engines to index your content to improve your organic international traffic. You can also leverage services, such as Google Shopping and Facebook ads internationally.

To ship your products to Colombia in the most efficient and cost-effective way, use global shipping / parcel forwarding services. This way you can get competitive international shipping rates, on average 30% lower, and pass the lower cost on to your buyers, increasing your competitive advantage.

Colombia: general information

Selling on the Colombian ecommerce market is a great option for growth-minded online sellers. When you launch your store in other countries, there are a few useful facts and data that you should consider.

There are 27,664,747 Internet users in Colombia and Internet penetration amounts to 56.90%. In terms of device usage, there are 17,361,000 smartphone users and smartphone penetration amounts to 35.40%. On a global scale, smartphones are being more and more widely used for digital purchases.

The total population of Colombia is 49,464,683. The median age is 30.4. The language spoken in Colombia is Spanish and the currency is Peso. The country code top-level domain is .co and calling code +57.

According to the International Monetary Fund, GDP based on purchasing power parity (PPP) is 714,004 (millions of Current Int$) and nominal GDP is 309,197 (US$MM). GDP (PPP) per capita is 14,455 Int$ and GDP (nominal) per capita is 6,273 US$. Real GDP growth rate is 1.70%.

Colombia
Country Profile
Population49,464,683
Language(s) spokenSpanish
CurrencyPeso
GDP based on purchasing power parity (PPP)714,004
Nominal GDP309,197
GDP growth rate 1.70%
Number of Internet users27,664,747
Internet penetration56.90%
Top 5 Ecommerce Platforms / Retail Sites
1. Mercadolibre.com.co
2. Dafiti.com.co
3. Linio.com.co
4. Asivendo.com.ar
5. Mercadoshops.com.co
Top 3 Payment Methods for Digital Purchases
1. Credit card
2. Cash
3. Debit card

International ecommerce sales potential

Selling in Colombia is worth considering for many international ecommerce sellers. A well thought out international sales strategy should help you overcome the initial burden of translating and localizing your online store.

If you’re a global online merchant already exporting to Colombia, you may be happy with your sales figures. However, you may have noticed that your Colombian, and your international traffic in general, converts at a much lower conversion rate than your domestic traffic, even in markets that share the same language. The likely reason being, many of the components of localization, beyond translation alone, have not been optimized.

A fully localized buying experience

  • Ecommerce-optimized translation
  • Size conversion
  • Currency conversion
  • Local marketing & SEO
  • Keywords
  • International payment
  • Shipping optimization
  • Taking care of restrictions and legal aspects.

Currently, international online retailers must do a great deal of manual work, matching product categories, attributes, sizes, etc. It’s not uncommon for them to not even be sure if they’re doing it correctly. Instead, trying to localize their online stores by themselves, ecommerce sellers find it time-consuming and confusing.

Luckily, thanks to the developments in machine learning and Artificial Intelligence (AI), online merchants don’t have to spend a lot of time on ecommerce translation & localization when launching their stores abroad.

A simple raw description is enough for AI to localize the whole content, extract attributes, convert sizes and map the right category in an accurate, efficient and consistent way. It’s just a matter of a quick set up before your localized stores are launched on tens of markets.

Combining machines’ capabilities and the intelligence of the human brain is often the easiest and fastest way to make the most of your international sales potential.

Sell in Colombia:
Translate & localize your online store with Webinterpret

Webinterpret enables online retailers and marketplace sellers on eBay and Amazon to instantly expand worldwide and boost their online sales. Our simple Plug & Play solution provides international buyers with a comprehensive end-to-end local shopping experience.

In partnership with PayPal, Webinterpret powers PayPal’s Global Sellers program, providing translation, price and size conversion, stock synchronisation, customer service and international shipping.

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