Uploaded on Dec 24, 2022
Online commerce is becoming an increasingly powerful tool for economic development. While the world has seen a surge in digital shopping since the COVID-19 pandemic, there are still significant opportunities to expand the digital economy.
The Significant Role of E-Commerce in Emerging Markets
The Significant
Role of E-
Commerce in
Emerging
Markets
qatar.desertcart.com
The Significant Role of E-
Commerce in Emerging
Markets
What is the importance of e-commerce?
Online commerce is becoming an
increasingly powerful tool for economic
development. While the world has seen a
surge in digital shopping since the COVID-19
pandemic, there are still significant
opportunities to expand the digital economy.
While e-commerce is still in its early stages
in many parts of the world, it has already
made a significant contribution to growth
and job creation.
qatar.desertcart.com
The Significant Role of E-
Commerce in Emerging
Markets
Most of this opportunity remains to be
seized. The widespread use of
mobile phones, a growing share of
households with high-speed internet access,
and falling technology costs are all helping
drive demand for online shopping. The
following points explain the role of E-
Commerce in emerging markets and also
highlight the future trends in
online shopping.
qatar.desertcart.com
Urbanization Boosting E-
commerce
In our view, urbanization should
coincide with a growing share of
online consumer spending. This is
due to the fact that greater
urbanization and population
density help ease the logistical
challenges that online companies
face when developing their
services.
qatar.desertcart.com
Urbanization Boosting E-
commerce
Given the growth of emerging
markets, urbanization should rise
and help to ease the logistical
challenges that online companies
face. Greater urbanization leads to
less fragmentation and a greater
share of online consumer
spending.
qatar.desertcart.com
Urbanization Boosting E-
commerce
The e-commerce latest trends and
services make it very attractive for
the urban population to get
millions of products with just a click
on their mobile or laptop.
qatar.desertcart.com
Pure Play Companies Offering
Products Offline
The rise in popularity of e-commerce
as a channel for FMCG purchases has
led to new trends in offline purchases.
With more consumers shopping online,
companies have begun to offer
improved delivery logistics, relocating
their warehouses closer to major
population centers, and introducing
home delivery services to improve
convenience for consumers.
qatar.desertcart.com
Traditional Players Offering Products
Online
Online shopping has become increasingly
popular in recent years, despite traditional
retailers' dominance in terms of market share.
For example, Walmart has set up a collaboration
with Google and Lidl has collaborated with DHL
in Germany.
The resulting growth in online consumer
spending should lead to increased demand for e-
commerce services and continued business
opportunities for companies focused on e-
commerce services.
qatar.desertcart.com
Data Analytics Helping to Boost
Revenues
In today's world of online shopping and
heavy competition, retailers need to
be able to react fast and understand
their customers' needs in order to
boost sales. The rapid growth and
development of the number of online
sales channels (e.g. desktops, mobile,
tablets) imply a growing need for
advertisers and retailers to understand
consumer behavior across these
channels in order to maximize the
benefit of online commercqaeta.r.desertcart.com
Data Analytics Helping to Boost
Revenues
Data analytics can help in this
regard by allowing for the
optimization of consumer
marketing and thus should help
drive online commerce growth
further." The future of
eCommerce is bound to expand
exponentially due to such
technologies.
qatar.desertcart.com
THANK YOU!
Do you have any questions?
You can find us at
twitter @desertcartmena &
[email protected]
CREDITS: This presentation template was created by
Slidesgo, including icons by Flaticon, infographics &
images by Freepik
qatar.desertcart.com
Comments