New Market Research Report: Homeshopping in Greece

The unstable economic climate and the recession continues to affect consumer attitudes in Greece. Being a channel with a relatively high average price, homeshopping was naturally challenged by the considerable drop in consumer spending on non-essential items and the shift towards cheaper options seen as a result of the economic downturn. Notably, however, the channel was already suffering the effects of declining popularity, given its old-fashioned image and the emergence of Internet retailing, offering a far more flexible choice as well as discounts.

Competitive Landscape

Telemarketing SA took the lead in homeshopping in Greece in 2012 as former leader La Redoute announced its withdrawal. The company managed to maintain its value share in a shrinking environment, seeing that in actual terms its value sales decreased due to falling consumer demand. Telemarketing is a "variety store" retailer selling "inventory" items of any category, from food to apparel, home care and housing, hence losing out as consumers reduced spontaneous purchases.

Full Report Details at
- http://www.fastmr.com/prod/841813_homeshopping_in_greece.aspx?afid=301

Industry Prospects

In order to produce and evaluate forecasts for the Greek market in the current economic and political situation, assumptions have been made that the country will remain within the eurozone, following the economic outlines provided in the latest austerity measures programme. Should the country exit the eurozone and declare bankruptcy, immense inflation and substantial losses of consumer spending power, together with waves of business retreats and closures can be expected. In this context short- and mid-term consumption would be limited to the essentials, while migration of both people and businesses would reach very high numbers.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Homeshopping industry in Greece with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Homeshopping industry in Greece, our research will save you time and money while empowering you to make informed, profitable decisions.

The Homeshopping in Greece market research report includes:

* Analysis of key supply-side and demand trends
* Detailed market shares for international and locally-based retailers
* Historic values, company and brand market shares
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

* Who are the leading retailers in Greece?

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- Homeshopping in Japan
- Homeshopping in France
- Homeshopping in the United Arab Emirates
- Homeshopping in South Korea
- Homeshopping in Italy