Online Stores are the Silver lining for Business Operations in Saudi Arabia
Saudi Arabia is one of the largest countries in the Gulf with the petroleum industry taking a lead in the giant sectors of the country`s economy. In terms of technology, The Kingdom of Saudi Arabia prides itself with high internet penetration and smart phone usage. In the main cities, namely, Riyadh, Dammam, Jeddah and Jubail, internet and smart phone penetration is over 95%. These statistics help to explain the recent trends in business operations in Saudi Arabia as business enterprises in diverse industries set up online store. It is a matter of principle that a business which defies the forces of technology in the present age risk losing relevance and possible closure in the long run. It is a business tact to retain relevance by observing the emerging trends and making the requisite changes accordingly. It is even considered a superior strategy when businesses anticipate the future trends in technological changes and make the necessary adjustments in readiness.
Businesses have however expressed
positive remarks regarding the impact of online stores on their operations and
especially in sales turnover. As most customers turn to online shopping, businesses are
embracing online stores and providing critical information regarding the
products such as availability and other attributes to enhance customer
experience. Marketing costs have also reduced significantly as businesses shift
from the conventional marketing methods that were less effective and more
expensive to digital marketing approaches that are more effective and less costly.
In this light therefore, businesses embracing online shops have innumerable
benefits to count both in operational efficiency and cost saving. One such
business in Saudi Arabia is Prime Puff
Paper that stocks premium Tobacco accessories such as rolling paper, filter
tips and tobacco bowls. The business recorded a 40% rise in sales turnover in
the first year of operations after setting up the online shop. Other businesses
in diverse industries have similar experiences since the inception of online
stores in Saudi Arabia.
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