Why E-Commerce is the Present & Future?
The global e-commerce market is expected to total $5.55 trillion in 2022. That figure is estimated to grow over the next few years, showing that borderless e-commerce is becoming a profitable option for online retailers.
“Ecommerce isn’t the cherry on the cake, it’s the new cake”
Fast & Convenient Buying Process
It is fast and convenient. Customers are just one tap away from their product of choice. This ease of access and convenience makes e-commerce the top choice for the new generation.
Affordable Marketing and Advertising
Traditional campaigns can cost approximately $300 to reach 1,000 people. While Digital Platforms (Insta, Facebook, etc) range between $6.05- $10 to reach 1,000 more targeted & relevant audiences.
Effective Control
Over Business
E- Com owners have effective control over their business. From analytics to financial management, multiple payment methods, and product price comparison to be able to respond quickly to buyer/market demands
Why E-Commerce in the Kingdom of Saudi Arabia?
The SAR 50 Billion E-commerce Opportunity in Saudi Arabia - BCG Whitepaper
Why E-Com in KSA is an opportunity of the Century!
KSA being the Regional E- Commerce Powerhouse.
E-com market share penetration level reached 5.9% in 2020. In KSA, It has potential to reach a worldwide average of eighteen percent.
E-Commerce Segments
are Growing Fast
The fastest-growing segment has been food and drink or home-related products (more than a 300% increase in 2020). This shows significant potential.
Convenience and Ease
of Access for Buyers.
Convenience has become one of the top consumer priorities, with 90% of people in Saudi Arabia actively looking for ways to save time and simplify their lives.
“Emerging Trends Research" by Ipsos and Facebook IQ, 2020
