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Do you think Amazon -and other online retailers- is a real threat to domestic businesses in the Middle East?

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تم إضافة السؤال من قبل Siham Amer , Financial Analyst , Noor Al Hikmah Group
تاريخ النشر: 2018/12/09
Ashraf E. Mahmoud (PhD)
من قبل Ashraf E. Mahmoud (PhD) , University Lecturer, Freelancer Consultant and Trainer for Int'l Business & Banking TF. , FreeLancer

Thanks for invitation,

Yes, I do believe that, especially for SME business in general.

Nabeel Ahmed
من قبل Nabeel Ahmed , Office Clerk , Forest Development Corporation KPK(Pakistan)

No I think not, whenever you need something urgently and never can go outside for shoping then u deffinetly choose domestic point.

No I don't considering the opportunity they present ... They are important in upgrading world's businesses.. The key to understanding this is to look at the world as a hull not as parts

Duraid Asha Dave
من قبل Duraid Asha Dave , Instructor , teacher , Nahrain university, Baghdad university

Actually, yes .. now in USA markets they are suffering from online retailers and specially Amazon activities in almost everything . You can even rely on Amazon to set up your wedding party and photography . Amazon is involving and engaging in every detail now.

Shariq Mulla
من قبل Shariq Mulla , Brand Manager , Tilal International Trademark

Yes somewhere down the line online retailers have taken away the domestic retailers market share. Global e-commerce is thriving as infrastructure, laws, and consumer preferences evolve. Global e-commerce has grown 13 percent annually over the past five years. The UAE serves as an e-commerce gateway to other oil-rich Middle Eastern markets with advanced technological infrastructures, strong retail sales, and a common Arabic language. The Saudi Arabian economy has experienced unprecedented growth over the past several years. Saudi Arabia’s young population, increasing broadband and smartphone penetration rates, and the government’s growing focus on e-commerce are key factors that are driving this shift toward online buying in the country. In addition to local online sellers, start-ups, and home- based businesses, a lot of larger regional and international players are also investing and expanding their physical presence in Saudi Arabia. Furthermore, traditional businesses ranging from FMCG companies to banks are increasingly seeing e-commerce as a rapidly growing complementary channel for their products and services.

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