Nazaha starts probe into corruption charges against 268 government employees in April    Saudi Heritage Commission partners with Kanazawa University for archaeological studies    Saudi Arabia sees 16% increase in net direct foreign investment    Saudi Vision 2030 report highlights client satisfaction with judicial services at 97%    Prince Bader and Ammar Altaf open the sixth edition of Automechanika Riyadh    GASTAT: Saudi non-oil activities record 2.8% growth in 1Q of 2024    Gaza hostage's mother pleads for ceasefire deal    NYC police raid Columbia University building occupied by Gaza protesters    Rising Hindu nationalism leaves Muslims fearful in India's holy city    Boy, 14, killed in London sword attack    AI powered Arabic Intelligence Center launched in Riyadh    Al-Hilal beats Al-Ittihad in heated King's Cup semi-final    Infinix GT 20 Pro flagship launch: Revolutionizing esports-level gaming and ushering in a new era of the holistic gaming universe    Saudi Electricity Company gains regulatory approval for increased weighted average cost of capital    SFDA: Breast-milk substitute products are sugar-free complying with Saudi specifications    Saudi Olympic team exits U-23 Cup in quarterfinals, loses Paris 2024 Olympics dream    Al Hilal triumphs over Al Fateh in a fierce 3-1 clash at Kingdom Arena    Al Shabab overpowers Al Ittihad with a 3-1 victory in Jeddah    'Zarqa Al Yamama': Riyadh premieres first Saudi opera    Australian police launch manhunt for Home and Away star Orpheus Pledger    JK Rowling in 'arrest me' challenge over hate crime law    Trump's Bible endorsement raises concern in Christian religious circles    Hollywood icon Will Smith shares his profound admiration for Holy Qur'an    We have celebrated Founding Day for three years - but it has been with us for 300    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Mideast e-commerce valued at $4.9 billion
Published in The Saudi Gazette on 12 - 08 - 2015

JEDDAH — The rapidly evolving e-commerce in the Middle East has grown tremendously over the last decade. In May 2013, Go-Gulf designed an infographic estimating that the value of e-commerce in the Middle East in 2015 would reach $4.9 billion. As the second half of the year 2015 fast approaches, UAE based online retail specialist Awok.com aims for 25 percent of the retail space.
It is no secret that UAE is leading the e-commerce sales growth of the total GCC market and that consumer electronics is the largest product category. Speaking on this, Awok.com's CEO Ulugbek Yuldashev has the following predictions going forward:
• The fast conversion of people buying in-store to e-store is something to watch out in near future. The electricity bill, maintenance staff, and salesmen alone all involve a significant financial commitment. In comparison, a dedicated group of online assistants are enough to run an online website for several places at once. And even where it's convenient, it's likely that e-commerce will change how people buy, transforming shops to places reserved for product demos.
• Mobile is the future. With everything available at your fingertips, one sees lots of retailers and businesses coming up with their personalized mobile apps and/or enhancing their mobile sites to provide optimum user experience.
• Unreliable delivery is one major issue, which e-commerce companies are working on tirelessly. We can expect significant investment from e-businesses building up their own supply chain networks. This is an expensive bet, but one that will surely pay off.
• The one issue that all e-commerce setups face is fear from users on loss of control; call centers and customer support desks are the perfect solution for this. Budding e-commerce businesses would do well to setup dedicated customer support desks to ensure that their end-users always have a point of contact to reach out to. Customer lifetime value is integral to web commerce success and customer support centers are pre-requisites to that.
• The latest fascination with near field communication (NFC) could turn out to be a boon for the future of e-retailing markets. With NFC-enabled Google wallets, for example, one may simply tap and pay for an object of their choice. This innovative technology would promote the online shopping experience to the urban consumer, changing the way we shop forever.
Awok.com, the local retail site prides itself on its low prices, ease of use and wide range of products. — SG


Clic here to read the story from its source.