The rise of eCommerce has brought an enormous change in the way of purchasing and selling products on the marketplace in Saudi Arabia. Here we are going to discuss how you can start your own eCommerce marketplace in Saudi Arabia.
The Kingdom of Saudi Arabia has shown a very keen interest in online shopping. Currently, there are about 12.95 million eCommerce users in the country with an expected increase of 8.39 million by 2024.
By 2029, e-commerce users are expected to reach 501.6 million. User penetration is projected to be 22.1% in 2024, with an anticipated increase to 34.0% by 2029. Fashion and Electronics products are the favorite categories in KSA.
Rise of eCommerce in the MENA region.
For the last few years, the number of internet users in the MENA region has increased with a great swing that also results in the increase in online buyers where UAE and Saudi Arabia are the fastest growing eCommerce market.
Compound Average Growth Rate of the eCommerce market in the MENA region is expected to follow a great rise by 2024.
Arabic Language by Default
To launch an eCommerce marketplace in the MENA region it will be more satisfactory for the people of those regions if they can read the website in their regional language which is Arabic.
Arabic comes under the top 5 most spoken languages in the world and under the top 10 languages used on the Internet.
Popular eCommerce websites in KSA.
These are some of the most popular e-commerce websites
1) Haraj.com.sa.
2) Souq.com.
3) Cobone.com.
4) Aliexpress.com.
5) Jarir.com.
6) Extrastores.com.
7) Alibaba.com.
8) Opensooq.com.
Go for Bagisto
With the help of Bagisto, you can create an eCommerce website that ticks all the necessity that is required to create an eCommerce website. You can easily create your online marketplace and provide support in the Arabic language
How to Start an eCommerce Marketplace in Saudi Arabia
With the help of the extension Laravel Multivendor Marketplace, you can easily create an eCommerce marketplace in Bagisto where different vendors can sell their products in a single online store.
It also allows various privileges to Admin and Sellers.
Admin end:-
- Access on sellers profile, products, and orders.
- Management of inventory settings.
- Approval and disapproval of any transaction.
- Review approval
- Admin can enable or disable the products.
- Can choose auto-approval or not.
- Admin can also update or delete sellers profile.
Sellers end:-
Mobile App
Days are gone when customers are used to purchasing products from desktops. As we all know online shopping from mobile is a much preferred choice in comparison to websites.“88% of the user has purchased the product via the mobile application in the last 6 months.”
To provide mobility services you can create your Mobile Application from Opensource Mobile App Repository.
PWA Support
Now you can also create a Progressive Web Application(PWA) in Bagisto for your eCommerce website that gives the full feel like a Native app and has full functionality of an eCommerce website.
As the number of Smartphone users is increasing day by day this can be a major factor in boosting the business so that people can access your eCommerce website anytime and anywhere and can also make purchases whenever they want by using their phones.
The PWA created in Bagisto by using the extension Laravel eCommerce PWA will have several features like can be accessed in low connectivity and even can be added to the home screen.
According to the stats, Smartphones are the most preferred device in the MENA region for online shopping with a rate of 60% followed by the second most preferred are computers having a rate of 25% and 15% prefer tablets for online purchases.
Saas-based system
Bagisto is an online e-commerce platform that helps anyone start their e-commerce store within a few minutes without any technical requirements.
Bagisto provides you with the entire front end and back end of the eCommerce platform with hosting space.
Multi-Company Module
The Saas-based multi-company module is an eCommerce virtual mall, where multiple vendors can sign up and create their eCommerce store with their domain name.
Easy to set up and customize
You can easily set up your eCommerce store by using the Laravel SaaS module, and you can easily customize your store as per your needs because in the SaaS module customization is very easy.
Built on the world’s best Open source technology
Bagisto is an open-source platform that is built on Laravel. It provides by default template, many more features that make Bagisto so powerful eCommerce platform.
End to End payment integration
In Laravel eCommerce SaaS solution there is by the default payment method that is PayPal, if you want it as an extra payment gateway in your store then you can also customize it.
Easy to Scale
It is scalable because there is no limit on the number of products uploaded or creating a category. So that is a very helpful big Sellers so they can sell their products without any issues.
Support by All kinds of Cache handlers
Caching is the most important factor to improve your web performance of the website. Laravel eCommerce SaaS solution supports all types of cache handlers.
Bagisto can be a game changer in the MENA region. With a number of exquisite features and Arabic as one of the default languages, you can easily set up your online store within a few minutes.
