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Archive: November 2021

The future is for M-Commerce

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The future is for M-Commerce

ecommerce

What’s M-Commerce?

In the Covid era, no one on earth still doesn’t know what e-commerce is. Purchasing online became a fact and a common practice worldwide. The term “m-commerce” came to the surface in early 2020 referring to purchase and pay online but by using a mobile device instead of a computer or a laptop. (Investopedia)

The e-commerce and m-commerce together are growing dramatically year over year, and they both made 4 trillion dollars in 2020, with a market share of 18% of the total retail industry sales. They are also expected to generate total revenue of 7 trillion dollars in 2025 contributing 25% of the total retail industry sales. (emMarketer)

M-commerce continues to grow

Statistics show that 68.1% of all website visits in 2020 came from mobile devices. In 2018, 79% of smartphone users have made a purchase online using their mobile devices. In addition, here are some wow statistics gathered by Christo Petrov in November 2021 and published on TechJury:

  • Mobile commerce sales will reach $3.56 trillion by the end of 2021.
  • More than 1B mobile phone users use their phones for banking worldwide.
  • Mobile accounts for over 67.2% of all e-commerce.
  • 67.03% of the global population owns a mobile phone in 2021.
  • 79% of smartphone users have made a purchase online using their mobile devices.
  • In 2020, US mobile retail revenues were $339.03 billion.
  • 72.9% of all e-commerce will be m-commerce by the end of 2021.

The conclusion

From the previous statistics and figures we came to the following conclusions:

  • The e-commerce and m-commerce are still growing and will continue to grow
  • The m-commerce is still growing and will continue to grow overriding the e-commerce

Therefore, the investment for the future should focus on selling products and services in a Mobile App rather than on Web Stores.

Market Impact

Many e-commerce leaders and companies start building mobile applications only without a web browser to help small businesses and start-ups start their m-commerce business without the web store. This approach helps these businesses to kickstart quicker and with minimum investment.

That’s in addition to the Mobile App other benefits such as:

  • Better overall experience for customers, Ecommerce already made shopping more convenient
  • Variety of payment options including mobile e-wallets such as (Google Pay, Apple Pay)
  • A true omnichannel experience, since you can check the mobile App products while you are in the physical store
  • Mobility, since customers can use it anywhere
  • Lower the cost of building a web-store
  • Quicker development

ecommerce demo

 

Start your m-commerce

Haya Solutions Inc. also took these statistics and future readings into their strategic planning consideration. They developed an m-commerce platform consisting of:

  • Customizable Mobile Application for any retail business and brand
  • Administration web portal to enable business Admins to manage the mobile platform
  • Mobile Payments Integration
  • Pre-approved in Apple Store and Google Play

Haya Solutions Inc. launched the platform to the market at a very cost-effective price in line with small businesses’ budgets, and also in a high quality that any Large Enterprise needs.

You can start your m-commerce business today and sell your products and services via an App approved in the App stores in 4 weeks’ time.

Read more…

 

References:

https://www.perficient.com/insights/research-hub/mobile-vs-desktop-usage https://www.investopedia.com/terms/m/mobile-commerce.asp
https://techjury.net/blog/mcommerce-statistics/#gref
https://www.emarketer.com/content/global-ecommerce-forecast-2021
https://www.outerboxdesign.com/web-design-articles/mobile-ecommerce-statistics https://techjury.net/blog/mcommerce-statistics/#gref

NetJeek Launched its platform in Libya

, , , , , , , , Events, Haya Solutions Inc.

Since the beginning of Haya Solution Inc., we have been dreaming of the day when we will transfer our expertise and knowledge, we gained from North America to serve our people in our Arab homeland.

So, we had the opportunity to work with Dokan Tadawul Solutions Ltd. on the NetJeek project. What increased our enthusiasm is that the project’s first goal is to remove the difficulties that Libyan citizens face in freely experiencing electronic shopping from global markets, due to the difficulty of electronic payment in local and foreign currencies and the difficulty of delivering goods to Libya first and to the consumer’s doorsteps secondly.

We have worked with sincerity, dedication, and perseverance for 3 years, using the latest electronic and global logistical technologies to put them in the hands of the Libyan consumer and user of Netjeek. We will continue to work to remain the latest and most secured platform in the region, simulating advanced global systems and platforms.

We would like to thank Dokan Tadawul for providing the opportunity for Haya Solutions Inc. to harness its expertise to be a part of this great event. We would also like to thank everyone who contributed to the success of this work from Haya, Hosni Bey Group, Dokan Tadawul Solution Ltd., Al Mawkaa for services and e-commerce, Tadawul Economic Solutions Company, and Al-Madar Al-Jadeed Company. Without all your efforts, we would not have reached where we are today.