Business others Three Examples of Successful Online Businesses in Switzerland
Others
CIO Bulletin
2024-09-05
Switzerland has a very stable and reliable economy, which makes it perfect for many businesses of all types. In recent decades, we have seen a significant rise in digital enterprises in the country due to the development of the Internet, social media, and technologies in general. This trend has also lead to new jobs being created in this area which can in part compensate for the decline in traditional sectors.
This article will pay more attention to some of Switzerland's wildly successful online business models so you can learn more about them, their innovative approaches, and what makes them unique. The three examples we will discuss are market leaders, so there is much to learn from them.
In 2019, the Swiss government officially legalized online gambling, which created a new unoccupied business niche. This led to the release of several platforms in the following years. According to online casinos.com, one of the best online casinos in Switzerland is 7 Melons. It is owned by the prominent land-based casino Grand Casino Bern, which has over 30 years of experience in the local gambling market.
For less than five years, 7 Melons was able to prove itself as a market leader and acquire a significant market share by creating a loyal player base. That is due to its wide variety of games, user-friendly platform, fantastic bonuses, and five-star customer services. Top software developers like NetEnt, Playson, Red Tiger, Wazdan, Synot, Evolution, iSoftBet and many others support the gaming selection.
The partnership with proven software companies ensures top-notch gaming quality and a wide selection of titles of all types. If you visit the platform, which is arguably the best online casino in Switzerland, you will see that it offers various slot games, jackpots, video and live games like roulette, baccarat, blackjack, and poker. Every game has different betting limits, but overall, you can stake from 0.1 CHF to 207,000 CHF, which makes the platform convenient for low and high rollers.
Another reason why 7 Melons became one of the top Swiss online casinos so quickly is because of its large choice of online casino bonuses and tournaments. There are over ten different promotions that you can sign up for. Some deliver complementary funds, others free spins. There are tournaments with progressive prizes and even deals that could bring you physical prizes like smartphones, cars and others.
Galaxus is the largest online retailer in Switzerland, which offers over five million different productsof all types, from kitchen appliances and home furniture to garden equipment, clothes, toys, sports accessories, health and beauty products, computers, phones, and even pet supplies. The company's full name is Digitec Galaxus AG because it unites two brands, Digitec and Galaxus.
Digitec was founded in 2001 by Oliver Herren, Florian Teuteberg, and Marcel Dobler. The platform was one of the first online platforms in Switzerland to offer quality electronics and IT products. In 2012, they launched Galaxus, which quickly became the most popular and reliable online retailer for all the products we already mentioned. Between 2011 and 2020, both platforms got over 16 Swiss E-Commerce Awards, making them an undisputed leader in the local market.
In 2018, Galaxus expanded its business by entering the German retail market. This was a vast and successful move for the company, allowing it to think bigger and grow even more. In 2021, Galaxus reached the Austrian market, while in 2023, it became available in Italy, Belgium, France, and the Netherlands. Digitec Galaxus AG became an entity in the European market and a benchmark for quality and good customer service.
It didn't rely only on the enormous versatility of products but on creating a community and different on-page features to help the buyers find more reliable information on what they seek. This was a winning strategy that was able to guarantee a stable and loyal customer base, which is only increasing annually.
Comparis.ch is a unique and super helpful platform that revolutionized the Swiss market. In essence, it is a platform where you can compare literally everything, from household contents, motor vehicles, all types of insurance, mobile phones, tech devices, bank credits, taxes, and anything else you can think of. Its primary purpose is to help people make the right choice when searching for items or services.
It is an independent company where professionals review and compare different products, giving honest and unbiased opinions. When reviewing specific services like health providers, loans, insurance, and others, the platform goes through each provider and evaluates it. When reviewing products like cars, motorcycles, smartphones, or anything similar, it reviews the product and gives the best options to purchase it.
The company was founded in the distant 1996 by Richard Eisler. In 2013, he stepped off from the leading position and joined the Board of Directors, but up to this date, he is still the majority owner. Comparis revolutionized online services by offering unique benefits to its customers.
The platform does not charge money from its users. The revenue streams come from product highlights, which do not affect the order of the results, from on-page advertising like banners and email campaigns and affiliated sales, meaning that the platform passes your inquiries on different products and takes a commission from the seller.
Comparis.ch is a fantastic example of an established online business that only improves and upgrades its services over time. It is a market leader in its niche and a trusted partner for many Swiss people. Its business model has proven to be a successful one.
As you can see, the online business opportunities in Switzerland are unlimited. As long as you are customer-oriented and strive to provide reliable and trustworthy services, you will always have a chance to grow and exceed your expectations. You can use the three examples of successful online businesses in Switzerland we pointed out in this article as a reference. If you want to develop an online venue, study them and learn more about how they became market leaders.
Digital-marketing
Artificial-intelligence
Lifestyle-and-fashion
Food-and-beverage
Travel-and-hospitality