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Education




        egy is multicurrency pricing, which allows businesses to
        offer their products in various currencies, including the   Though  the  country's  payment  landscape  may  initially
        customer's local currency and a more stable international   appear complex and overwhelming, it holds immense po-
        currency such as the U.S. dollar or euro.               tential for those who align their business strategies with
                                                                local trends. Implementing approaches like multicurrency
        This flexibility gives customers the freedom to transact   pricing and establishing partnerships with local organiza-
        in a currency they feel comfortable with while ensuring   tions can serve as effective tools for navigating the fluc-
        consistent international revenue for businesses. Another   tuations of the Turkish lira, ensuring a consistent stream
        effective approach is forging local partnerships.       of revenue.

        By teaming up with local businesses, international ecom-  While success in Türkiye’s ecommerce sector is not with-
        merce companies can reduce their exposure to currency   out its challenges, the potential rewards make it an exhila-
        volatility. Local partners can handle sales and distribution   rating venture. By gaining a deep understanding of mar-
        in the local currency, while the international partner can   ket dynamics, adapting to local needs and implementing
        focus on their home currency. This allows businesses to   robust risk management strategies, businesses can estab-
        navigate the more turbulent currency landscape in Tür-  lish a solid presence and thrive in the dynamic world of
        kiye with more confidence and stability.                Turkish ecommerce.
        A compelling opportunity                                Guillaume Tournand is vice president of growth at Worldline Digital
                                                                Commerce, where he expands the company‘s unique selling proposition
        Türkiye’s burgeoning ecommerce market presents a com-   through geographical expansion, Alternative payment methods (APM),
        pelling opportunity for international ecommerce compa-  and M&A. He has 20 years of experience in various positions, including
        nies. The retail sector in Türkiye is undergoing a transfor-  IT/development, sales, marketing, product management, corporate
        mative shift, offering a promising future for international   development, and M&A/finance. Guillaume holds an MBA from ESCP
        businesses. To fully capitalize on this vibrant market,   Business School and two master's degrees in computer science engineer-
        companies must understand and adapt to the unique be-   ing from Paris and Oxford. Contact him via LinkedIn at www.linkedin.
        haviors and preferences of Turkish consumers, particular-  com/in/guillaume-tournand.
        ly when it comes to payment methods.





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