What is Ozon? Ozon Review

Ozon is a Russian online retailer founded in 1998. Since its launch, it has always occupied the top position in Russia's B2C field. Its main business is the online sales of books, electronic products, music and movies, etc. It is often called the "Russian Amazon".

About Ozon

Ozon is the second largest e-commerce platform in Russia, ranking sixth on the Forbes list with a valuation of $680 million. Ozon has a big advantage among Russian shopping websites, that is, consumers have high trust in it. Compared with other platforms, the repurchase rate has always been high.

Ozon, Russia’s largest multi-category online retailer, reported strong results for the second quarter of 2018, with the company’s quarterly revenues up 86%, reaching a new high in the past decade, with sales reaching RUB 7.9 billion. By the end of June 2018, Ozon had delivered 6.2 million orders to customers, with a total capacity of 29 million products. Total GMV Ozon.ru and Ozon.travel amounted to RUB 32 billion.

Store opening conditions

1. Registered legal person/individual entrepreneur;

2. Ability to store orders;

3. There is a cash register;

4. Access to the Internet;

5. Equipped with printer and scanner;

6. Support cash payment.

Settlement process

1. Sellers who want to join the Ozon platform need to click here to log in and register an account before they can start filling in the entry information.

2. The Ozon platform currently provides a corresponding entrance for sellers to settle in. However, since it is a platform in the Russian-speaking region, sellers need to send an email in Russian when filling out the settlement application or settlement information. Sellers may need to find a corresponding service agency to help solve this problem.

Site requirements for opening a store

1. Relatively close to public transportation stations;

2. Minimum area: 10 square meters;

3. Ensure the safe storage of orders;

4. Lack of access mode;

5. A clean, well-ventilated room;

6. Furniture and office equipment are in good condition;

7. Special assigned locations for unpacking and checking order contents (shelves, tables, etc.);

8. Used to check the presence of sockets for electronic devices.

Advantages

1. No additional cost; steady growth in customer traffic; support from Ozon; provision of staff training; supply of consumables.

2. Ozon covers 2,100 locations in 130 cities in Russia, delivering goods to 75% of the Russian population. Ozon operates the largest warehouse facility in Eastern Europe, second only to Amazon's German warehouse.

3. 80% of Ozon’s sales are paid by cash on delivery, while only 10% are paid by credit card.

Payment Methods

Ozon supports cash, credit cards VISA, MasterCard and Maestro, Apple Pay, PayPal, Yandex.Money, WebMoney, Qiwi Wallet, bank transfer and more.

Development History

-In 2000, Baring Vostok acquired a majority stake in Ozon and invested approximately $3 million in Ozon.

-In 2005, Ozon's sales were approximately $19.3 million.

-In 2007, we signed contracts with nearly a thousand suppliers and gradually improved all categories of the platform.

-In April 2007, Ozon raised $18 million in venture capital funding from Holtzbrinck Venture Partners, Index Ventures and Baring Vostok.

- In 2009, a 120,000 m2 warehouse was opened in the Tver region and mobile applications were launched.

- In September 2011, Ozon invested $100 million in its four main businesses: online retailer Ozon; shipping company O-courier; Ozon; and travel, shoes and accessories retailer Sapato.ru.

-In 2011, Ozon raised $100 million, which it will use for company development, including reshaping Russia's postal service.

In 2012, Ozon had 14.5 million registered users and $250 million in revenue, 750,000 daily viewers, 2.2 million SKUs, and employed 1,700 people.

In 2013, Ozon had 3 million products and revenue of $700 million.

-In 2014, 4,000 pick-up points were established in more than 100 cities in Russia, and the company has the largest warehouse in Eastern Europe.

-In May 2014, it received a second round of financing of US$150 million from Sistema and its mobile operator subsidiary MTS.

-In 2015, launched the SCAN IT shopping mobile app, which won the Runet Book Award.

-In 2016, warehouses in Yekaterinburg and Kashan District were officially put into operation.