White Code Information Technology

E-commerce Business in Egypt

E-commerce in Egypt is basically divide to B2B (business to business) C2B (consumer to business) C2C (consumer to consumer) and B2B (business to business) just like other countries. The e commerce field has gradually increased from the 1980’s to date as they have invested in internet communication technology. And as from the previous statistics, it can be predicted that in the recent coming years, it will be the most used tool in business.

Therefore, it is advisable for Egyptians to invest heavily for a good investment returns. This is due to the half of the country’s population are internet users (that’s over 49million users). This will help to utilize the untapped resources and it will greatly help to boost thecountry’s economy.

There are a number of online stores, websites and online business that are in the country. Among the most used are souq.com, olx.com.eg, jumia, amazon aliexpress.com among others. These onlinebusiness use the pay on delivery method since most of the internet users lack means of online transactions.

From statistics, as it is the third most populated country in Africa, 99.3 million inhabitants, and second highest number of internet users. It was reported that forty percent of the internet users search products from online and 35% visit online store. As the country is at the crossroad between Africa and Arab countries, it has both pan Africa and Pan-Arab e commerce websites that are so popular.

This makes the online shopping to be more preferred as it is easier for the customers to switch between the different stores comfortably from their location. Online shopping also offers a number of a variety of products and help to curb the problem of geographical related issues according to the location of the customers. This helps to safe time as said before.

Creating an online business is not so hard. It requires one to follow the required steps carefully.

You are to:
i. Define the market needs
ii. Define your product/ services to be offered
iii. Design your best business model
iv. Build the online store/website
v. Advertise your business/ drive traffic to your site
vi. Automate the business operations