As a result of consumers around the world in their homes with the outbreak of the Kovid-19 and the Internet to buy most of their supplies, from consumer materials to gardening supplies ,.
According to Arab Net, according to a recent report by MasterCard on the recovery insights, this led to an additional $ 900 billion on online retail stores around the world in 2020. In other words, one dollar was spent on e-commerce from every $ 5 spent On the retail last year, compared to one dollar of every $ 7 spent in 2019.
The ability to sell online life is formed for retailers, restaurants and other large and small companies, especially with changes that have occurred at the level of personal consumer spending.
The recovery vision report: The development of e-commerce is expected that between 20% to 30% of this shift to the digital world as a result of the repercussions of Kovid - 19 will continue and continue around the world. The report is based on the collected sales activity and an arbitrary source across MasterCard, and analyzing property by the MasterCard Institute of Economics. In this regard, the analysis is deepened by country and the sector, at the level of goods and services, both within countries or outside its borders.
For the United Arab Emirates, the increase in online consumer spending was largely paid by a significant increase by 21% on an annual basis in the number of online shops, as well as a significant annual increase in adult e-commerce partners by 44% between 2019 and 2020. / p>
"Despite the survival of consumers in their homes, their money remained moving thanks to e-commerce," said Brecklin Dewire, chief economist at MasterCard and head of the MasterCard Institute of Economics. This has had significant implications as countries and companies that gave priority for digital techniques are given by the prophetrink of this move. This analysis reveals that even the smallest companies will produce gains when they turn into the digital world.
