Why is the world moving towards e-Stores?
Let’s open our article with a sentence that many of us have been saying for many years “The world has become a small village!” Do you think it’s still just a village?
Maybe it turned into a small chamber now!
The huge technological advances that surround us in all directions and all areas pave, in a very small amount of time, many avenues for leapfrogging in the most profitable direction at the lowest cost and in the smartest way possible, by bypassing the traditional structure of businesses that used to rely on primitive elements.
Are you, as a seller or a buyer of products displayed in a specific place for a certain period, still coping with these outdated stereotyped ways and expecting a convenient profit out of it?
Perhaps in the past, you could manage without technology. However, now, in a time of unprecedented technological prosperity, the world has developed beyond these limited methods.
Nowadays, the country spends about 25 billion dollars on e-commerce. As Egypt is the second largest market in the Middle East.
The real start of the e-markets in Egypt was after Amazon, the second largest trademark in the world, entered the Egyptian market. As it created the competition to acquire electronic purchases and satisfy customers’ desires and attract them to online shopping.
Marketing companies have contributed significantly to the growth of e-commerce in Egypt, exceeding 100 billion pounds in 2021. With the continued role of these companies, this type of trade will reach $1.2 trillion globally by 2025.
In Egypt, e-commerce volume has also grown significantly since the beginning of the coronavirus crisis, totaling about $25 billion. Credit card purchases and prepayments jumped from $3.6 billion to $4.9 billion last year, which were made only through online platforms and prepaid other than cash payments after receipt.
Why is Egypt second in the Middle East?
In 2021, Egypt’s e-commerce reached $4.9 billion following the coronavirus crisis. Before the pandemic, the volume of online goods trading was $3.6 billion. Egypt ranks second in terms of the volume and value of e-commerce in North Africa and the Middle East.
For several reasons, e-shops have become the first and most reliable business window:
The importance of e-commerce is to keep pace with technology breakthroughs and create new business opportunities for you to improve your product and keep your customers keen on it which will drive up the profitable return on your investment.
E-commerce can help you through the following;
1-Reach new local and global markets, Imagine the following;
If the latest Apple phone pops up right now and you want to buy it, and when you asked for it in your country, you were told that the phone’s going to arrive in a month, what would you do?
You only have two options: you’ll wait for a month or buy it online through Amazon or Souq, and the second one is the closest to you!
The e-Store allows you to offer your products in new markets whether it’s local or global, not restricted by a certain age group, or limited by being in a certain place, you can pump your products all over the world at any time!
2-Easy to find, view, and access
The e-Store allows you to easily access your services and products and makes it easy to view your products better and more attractive to every customer, making it easier to sell your products.
3-Save time and effort
E-shops save a lot of time and effort for the user, the user can purchase any product or service at any time without looking at work schedules, unlike traditional stores that are limited by specific work schedules to which it is committed.
4-More comfortable and secure means of payment
The e-Store lets you pay more efficiently in more than one way (credit cards, various bank accounts), making it easier for your customers to purchase!
5-Buying from anywhere around the world
One of the advantages of an e-store is that it allows the user to buy or sell from any area in the world, making it a very small room, but the store has to have delivery access to the country where the user is, and some stores allow the customer to book a product or a commodity, and also notify the users of any product available so they can buy it.
6-Easy access to your customers
Multiple e-shopping sites have delivered advanced tools and algorithms that can easily and quickly reach users through personalized advertising of needed goods, increasing demand and increasing store sales and profitability.
7-Learn about what consumers think about your products.
Part of the properties of a store is to show what’s called a “user or visitor review,” whereby the customer assesses the product they purchased through the store, as well as the level of service provided by site managers, which effectively influences the visitor’s shopping process through the store because you’re tracking feedback and working on continuous development.
8-Anticipate your business needs
With the customer’s purchase history within the e-Store, and based on the latest technology on which the AI system relies, the Store can offer some suggestions for certain types of goods that the customer accepts and constantly buys.
All of these reasons and more help you make the right decision to own your e-shop to offer all of your services and easily access your customers without restrictions.
All you have to do is start making the right decision to build your electronic store through us and it’ll be ready in a few minutes.
