Web and Ecommerce trend in Saudi Arabia

Web and Ecommerce trend in Saudi Arabia

Web and Ecommerce trend in Saudi Arabia

E-commerce is usually associated with buying and selling over the Internet, or conducting any transaction involving the transfer of ownership or rights to use goods or services through a computer- mediated network.

Previously companies create their website for presenting their products or branding through web world. Now website development idea has been changed to generate cash flow. the retail or product development, manufacturing companies can create their website for ecommerce and online shopping business.

The market research reporters estimates that there are now 460,000 Internet accounts. As families and business share access, the true figure is guesstimated at 900,000 users and does not take into account the extensive use of Microwave (VSAT) 11 customers connecting with Servers outside the Kingdom.

48.36% of internet users in Saudi Arabia reported purchasing products and services online and through their mobile handsets over the past 12 months.

Another survey revealed that Saudi Arabian consumers spent 3.28 billion online in 2007. Internet user's survey revealed a massive size for B2C e-commerce in the country which presents opportunities for global and regional players to tap in to this growing market.

A survey of Saudi Arabia's internet users revealed that around 39% of the adult internet users in the country buy products and pay for services online through e-commerce services. Electronics are the most popular products bought online, followed by software, and while airline tickets booking and hotel reservations are the top services paid for online. These users to be around 3.1 million, which is around 12% of the total population in Saudi Arabia.

Electronics are the most popular products bought online, followed by software, with around 58% and 50% of customers who buy products online buying them, respectively. Around 84% of e-commerce users who pay for services online pay for airline tickets booking, while about 49% pay for hotel reservations.

Saudi Aramco's Materials Supply Department organized recently in Dammam a symposium on E-Commerce technology for the benefit of about 200 suppliers and contractors. The upshot of the meet was that Saudi Aramco gave a gentle warning to suppliers that if they fail to computerize their operations and change their management style, they would be the ultimate losers.

One of the rated software development company Takamul smart Technology is providingconsulting and development services for customized websites, ecommerce and business applications, which also support smart phones (blackberry, iphone, ipad, Android) in Saudi Arabia. They provide complete services such as its online advertisement, branding and maintenance

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