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Welcome 1 of 11 Sarantis Katsikis Country Manager, Alve.com

Alve.com - InfoCom World 2013, S. Katsikis, Country Manager

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Sarantis Katsikis, Country Manager of Alve.com, the turkish branch of Skroutz S.A., explains the challenges and difficulties of expanding an established & successful e-commerce business in a foreign country.

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Page 1: Alve.com - InfoCom World 2013, S. Katsikis, Country Manager

Welcome

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Sarantis Katsikis Country Manager, Alve.com

Page 2: Alve.com - InfoCom World 2013, S. Katsikis, Country Manager

Unique users

2.7 Mil. 1.000+ 70 Mil.e-shops pageviews/month

Leading price comparison engine in Greece

Top 5 in Greece

Top 3000worldwide

Few things about Skroutz2 of 11

Page 3: Alve.com - InfoCom World 2013, S. Katsikis, Country Manager

Passion Belief in our capabilities – product

Pursuit of newchallenges Why not?

Why further expansion

?? ?

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Page 4: Alve.com - InfoCom World 2013, S. Katsikis, Country Manager

Why Turkey

One of the fastest growing markets

Population of 75 million

Internet population of approximately 40 million(53%) = 5th in Europe

€5.5 billion e-sales

16% annual growth in Value

Underserved by current price comparison engines

High user engagement and mobile usage

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Page 5: Alve.com - InfoCom World 2013, S. Katsikis, Country Manager

Thus...

Born and launched in March 2013

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Page 6: Alve.com - InfoCom World 2013, S. Katsikis, Country Manager

Internal challenges6 of 11

Page 7: Alve.com - InfoCom World 2013, S. Katsikis, Country Manager

External challenges

DirectCompetition

IndirectCompetition

Users

New entrants

Shops

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Page 8: Alve.com - InfoCom World 2013, S. Katsikis, Country Manager

Funding is an issue but not the most important one

Most new ventures fail because of management shortfalls

Too much money helps cover up the problems that a company has

Eventually the game gets lost

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Page 9: Alve.com - InfoCom World 2013, S. Katsikis, Country Manager

Alve today

including many major players

in organic (non-paid) visits

from mobile

300.000 pageviews / month

60 e-shops

70.000unique visitors

50%growth rate

4thposition in the market

20%

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Page 10: Alve.com - InfoCom World 2013, S. Katsikis, Country Manager

Global vs local summary

Sales & content team in Turkey

Development & design in Greece

Coordinated content & marketing from both countries

Customize but do not affect the core business model and your practices just for one country (ex. credit cards, installments, content, language)

Careful use of funds

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Page 11: Alve.com - InfoCom World 2013, S. Katsikis, Country Manager

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