Thursday, June 11, 2015

Rise of E-commerce in UAE written by one of the linkedin user Jomin Varghese


As stated by Dubai chamber “The e-commerce market in the UAE is currently valued at $2.5 billion, which is expected to touch $10 billion by 2018” we can rightly say that the E-business is on the ascent in the UAE, this was emphasized in a most recent statement by Sarwant Singh, senior partner and practice director at Frost & Sullivan that Internet spending in the Middle East is booming with GCC countries expecting a 40 per cent growth in eCommerce by 2020 it will be right to say that five in ten individuals shop over the web for different items and products. UAE has dependably been a customer arranged business sector, with shopping centers and shopping outlets being a noteworthy highlight for the individuals.
The developing pattern of web shopping in UAE with such quality mirrors the requirement for accommodation and assortment being a developing inclination among the shoppers. The development and advancement of innovation and online frameworks has driven organizations to convey products and administrations on the web, which permits clients to shop, with a couple taps on their electronic gadgets particularly cell phones. UAE based online shopping AWOK.com, that has recently hit its two-year mark in April 2015, boasts of its a phenomenal 500% increase in sales compared to its first year of trading.
With UAE having one of the most elevated portable infiltration rates, shoppers are being coordinated towards making buys online and maintaining a strategic distance from the exertion of going to shopping centers and retail locations. The length of clients are certain that the internet shopping medium has no security issues and there is trust in the installment routines, clients are slanted towards shopping on the web. 
Shopping Trend in UAE
A recent workshop held in Dubai by Shop Go. It reveals that  the e-commerce sector in the UAE is worth around $2.5bn, representing 55% of the GCC's total e-commerce market.
ShopGo. CEO also suggested that "People are realising the potential of e-commerce and they are slowly gaining a better understanding of the needs of the business. We utilise these workshops to provide those with an interest in the industry and potential projects with the right information and tools required to put their great ideas into practice,"
Ulugbek Yuldashev, Managing Director of AWOK.com. Advocates the trust that internet shoppers have on their online shopping platform. He says “Our consumers already understand that online shopping is safe, easy and fast”
Three of the most imperative variables influencing internet shopping are, availability, Reliability and mechanical mindfulness.
Availability
Availability assumes a urgent part for customers to start web shopping, on the grounds that it gives them a stage to scan different items, come close costs, read surveys lastly arrange with a tick of a couple catches and have the organization convey it to their doorstep.
Availability can be seen in numerous measurements, from the outline and interface of the site, which makes searching simpler and more pleasurable to having more alternatives for exchange. These are all variables of comfort which encourage the client.
Reliability
There must be a sure level of Reliability in the psyche of the client when he or she is making an exchange on a site. Clients are regularly disheartened when shopping online in light of the fact that they are not certain of who may be at the flip side, or whether its safe to share individual subtle elements and card numbers on a specific site.
Clients ought to be given a feeling that all is well with the world by guaranteeing a protected medium furthermore be furnished with online client administration and bolster which empowers them to converse with a client administration delegate before sharing their card points of interest, individual contact data or help them on the off chance that they oblige any further item data or help. This assembles reliability while working together on the web.
Innovative Consciousness
Innovative mindfulness is one of the central point that have added to the increment in internet shopping, particularly because of cell phones supplanting PCs.
Awok.com takes pride as its Managing Director, Ulugbek Yuldashev makes a note on this aspect. He says that “with our new mobile application users will be able to order must-have products directly from their mobile devices”
The customers of UAE are progressively twisting towards internet shopping as they turn out to be all the more mechanically prepared and expert the utilization of cell phones. With UAE having the locale's most astounding web entrance and cell phone proprietorship rate, eMarketer estimates that nearly 73% of the UAE population uses mobile phones which puts UAE on No.1 spot in MENA region,









eMarketer also estimates that smart phone users rate will rise from current 64.6% to 74.6% by 2018 These figures alone help us anticipate future development of e-business in UAE with an expanding client contribution. 
What's in store?
The fate of e-trade is brilliant in the UAE with the steady presentation of new applications and more decisions being made accessible for clients why should looking buy merchandise and administrations on the web. With the slow increment in the pattern, organizations need to concentrate on their client benefit and incorporate it into their sites so they don't lose potential clients and agents are there to help clients at all times.
Organizations need to concentrate on conveying quality client benefit 24/7 on their sites so their clients are furnished with a casual and pleasurable client experience when shopping on the web. Giving quality support of online customers won't just result in an increment in deals and an energy to buy items however in the end only this is eventually going to lead to consumer loyalty and dependability.
Source:awok.co/wEvVCf
Website:www.awok.com
Posted By: Ramiz Ali Khan

1 comment:

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