In times of COVID-19, the world entered the stage of a pandemic, which affected ecommerce in the Middle East and beyond positively, from offline to online sales. Consumers coped with the restrictions of this pandemic and wanted to satisfy their wants and needs with online shopping. A couple of agreeable ecommerce factors contribute to customer satisfaction: a seamless checkout process and an overall well-navigated online shopping website.
A lot of businesses turned and improved their businesses into online shopping. From traditional retailing to online retailing, especially in the Middle East. According to Deloitte 2023, the Middle East will have a revenue of 6.35 trillion US dollars by 2027. As we look back on the past, the ecommerce market was very small due to a lack of confidence, knowledge about ecommerce, and an inclination towards offline shopping.
On the other hand, the ecommerce impact gradually improved when consumer behavior was influenced by COVID-19. This gave a new shape to the ecommerce market and also to the buying behavior. Within a short timeframe, the Middle East learned why ecommerce can be crucial. Especially products in the category of groceries and electronics have increased in online demand.
In the Middle East, it became evident that online shoppers are buying more products and services online daily. Therefore, a window of opportunities opened for companies to expand their business towards the ecommerce industry. Due to this the market the ecommerce market was a new market that developed strongly, but also for companies to employ people.
According to Kearney, by 2025, the Middle East is set to become a $50 billion market. The ecommerce markets in the Middle East are on the right track. Especially, Dubai, with its tax-free and attractive market, holds the most significant web-based marketplaces in the Middle East.
Read further: News, Covid-19, e-commerce, ecommerce, middle east, middle east ecommerce, online sales, online shopping, product content
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