esindbaad
Uploaded by
4 SLIDES
73 VUES
50LIKES

Omani Busniesses

DESCRIPTION

This post talks about the growing importance of e-commerce during COVID-19 and the importance of selling products, especially electronics online in Oman.

1 / 4

Télécharger la présentation

Omani Busniesses

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

Playing audio...

  1. How Omani Businesses Can Benefit From E-commerce Post-COVID-19? The COVID-19 pandemic and the consequent lockdown have profoundly affected the way people live and carry out different activities including shopping. The changes impact the life and business in Oman as well. The impact of COVID-19 has been disastrous on the world economy. Many sectors of the economy have been drastically affected. But, e-commerce has been the sector that not only survived the pandemic but also thrived at an unprecedented rate. As if the trend wasn't already in favour of online shopping, the virus spread and forced people to limit their movements, stay indoors, and order food and all kinds of stuff online more than ever before. This post talks about the growing importance of e-commerce during COVID-19 and the importance of selling products, especially electronics online in Oman. Online Shopping is going to be the new normal in Oman Countries are gradually relaxing restrictions, but with a new variant emerging now and then, the future remains uncertain, and hopes of achieving normalcy in the coming days bleak. Fearing infection, people avoid crowded supermarkets and instead buy things from the safety of their homes. According to a survey in Oman, 93% of the individuals used the internet, while 28.2% preferred shopping online. Most online purchases comprise beauty products, hotel bookings, and groceries. In Oman, online electronic Shopping and purchase of electrical equipment are still to pick up and match global trends. So the time seems apt for new businesses to explore the potentials of this untapped market. Helped by a very high smartphone user penetration and a shift in online shopping triggered by the COVID-19 pandemic, Oman's e-commerce market is expected to record a combined annual growth rate of over 20 per cent between 2021 and 2026. The time seems perfect for businesses in Oman to venture into e-commerce.

  2. Factors That Can Drive E-commerce Growth Below are some compelling reasons why Omani customers are likely to continue shopping more and more online. ● Obvious alternative: The virus managed to curb people’s movements, not their urge to buy. ● Online shopping is trendy: Habit of shopping online has persisted long enough to become ingrained in the shoppers' psyche. No doubt, when stores reopen, people will venture out. However, customers are unlikely to give up online shopping. ● Diversity and ease: E-commerce sites can offer endless possibilities to choose from, especially when it comes to electronics online in Oman or for someone looking for electrical equipment online. The convenience and variety in options provided by e- commerce sites are unmatchable. ● Mobile devices driving growth: The popularity of mobile devices is making it easier than ever to browse and shop online. More and more Omanis join the internet stream and the market size of e-commerce continues to expand. The importance of online marketing Have you ever noticed that if you see an ad for electrical equipment and later search for it online, the ad starts popping up on other websites that you visit? It is remarketing in the language of digital marketing! It is about reaching out to your products and services before your target audience, wherever they may be. While we can say that selling electronics online in Oman and selling them in-store differ and are competitive models, in reality, they have started complementing to each other. Customers loyal to traditional in-store retails will still find it tempting to buy electronics online in Oman. Let's look at a notable example. Alibaba has opened up retail outlets in China. As with the American giant Walmart and other chains like Target, Bed Bath and Beyond, shoppers can choose between in-person or online Shopping or merge the two. Smaller businesses in Oman selling electrical equipment online can also offer convenient online shopping services combined with in-store pickup.

  3. Make the Most of Social Media The percentage of Omanis using social media was 80.2% of the total population in 2021. Social media platforms like Facebook or Instagram provide an excellent opportunity to connect with customers and bridge the gap between online and offline shopping of electronic and electrical equipment in the country. How to Take Advantage of the Ecommerce Revolution? Ecommerce is here to stay, even if the pandemic recedes. Many of the economic changes that are happening are likely to remain. Let's talk about some business ethics to keep in mind. ● If you're experiencing difficulties due to shortages, rising costs of inputs, or delays due to disruption in supply chains, communicate with your customers. Keep them informed and gain their trust. ● After the pandemic, searching electronics online in Oman is likely to appreciate having as many choices as possible in terms of products and payment options. ● Continuously collect and analyze customer data to increase your chances of getting it right.

  4. Summing Up Omanis are increasingly acknowledging the convenience of online shopping. While the restrictions imposed by Covid-19 certainly made online shopping an easier and obvious alternative, it's a trend that's expected to persist well into the post-pandemic future. To make the most of this, businesses selling electronics online in Oman need to offer credibility, flexibility, and convenient omnichannel solutions to the shoppers. Source Link - https://esindbaad.weebly.com/blog

More Related