What investors need to know about the Dubai e-commerce market
“In e-commerce, your prices have to be better because the consumer has to take a leap of faith in your product.” (Ashton Kutcher)
E-commerce websites, so far have become the urge in the augmentation of any countries’ economy since these websites bring in revenue and customers from the entire globe irrespective of the region. Due to the immediate boost in the e-commerce business more and more e-commerce schools and coaching centers are witnessed, for the propagation and gradual investment in the countries’ economy.
E-commerce has become the pivotal turning point for bringing in international customers and currencies. Therefore, Amazon and a number of other e-commerce websites have started pondering upon this platform pretty seriously due to the fact the construction of delivery drones began. Online tourism, online printing and many other online e-commerce websites with numerous domain names can now be seen in the rankings of the search results.
Statically in Mexico and UAE, the international market of sales witnessed an instant elevation in the ratio of sales made former to the widespread of these e-commerce websites. Approximately, the sales barrier was reached up to the extremities of 100 million dollars.
A number of miniature and SERPs have now constructed their e-commerce websites and it seems that they see pretty much of scope and vision in this direction. However, many international brand owners are still lacking behind and haven’t paced up in the race of e-commerce website business like Armani etc. and most likely they are losing up good opportunities to become the biggest brand retailers.
Most of the shopping in UAE is now done via e-commerce websites since the women working at homes need to access the stores and simultaneously save their time so the last handy option is surfing the online stores. Other than having mammoth and lavish shopping malls, many of the UAE residential prefer buying stuff online due to conducive and useful reasons. As a consequence of this preference, e-commerce business in UAE is crossing the barriers and forming new curves of economy, understanding the potentials and strategies of online businesses.
Those countries where the GDP annually is larger than optimum amount, fairer are the chances of optimizing any e-commerce online activity just like Brazil.
Not only Amazon, but Alibaba, eBay and SpiralClick are seeking for new measures to launch their new operations in a matter of no time.
“No nation has embraced Total Quality Management, e-commerce and e-government with greater enthusiasm than Dubai. Such innovations have given Dubai a competitive edge and an accelerated growth rate that few could match.” (Abdul Aziz Al Ghurair)
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