Fathima Saleem’s Post

BinDawood Holding’s Omni-Channel Transformation: Pioneering Seamless Retail Experiences in Saudi Arabia 1. The Importance of Omni-Channel Retailing in the Modern Era 2. Digital Transformation as the Core Enabler 3. Operational Efficiency Through Integration 4. The Benefits of an Omni-Channel Approach 5. Challenges in Implementing an Omni-Channel Strategy 6. Reflecting Broader Trends in Retail 7. Conclusion #OmniChannelRetail #DigitalTransformation #ECommerce #RetailInnovation #CustomerExperience #RetailTrends #Vision2030 #RetailTechnology #MobileApps #DataAnalytics #InventoryManagement #SupplyChainOptimization #RetailTechSolutions #MarketExpansion #CompetitiveEdge #CustomerEngagement #FutureOfRetail #RetailLeadership 

Top 5 E-Retailing Strategies to Skyrocket Your Profits in Saudi Arabia! Saudi Arabia's young, tech-savvy population is fueling substantial growth in e-commerce, creating a competitive and dynamic marketplace. The landscape is getting quite noisy. This calls upon the online retailers to create strategies that make one pay attention but, at the same time, connect him with the sale. Businesses that use high-tech, sophisticated communication methods and are aware of local preferences can set themselves apart from the competition. In the following headings, we will point out five critical e-retailing strategies that e-retailers can use to fully capitalize on profit and capitalize on all that this rapidly growing e-retailing market has to offer. Blog link : https://lnkd.in/eEmZUWd2

The Bright Future of Retail in Saudi Arabia The retail sector in Saudi Arabia is thriving, driven by innovation and the vision of Vision 2030. With a young, tech-savvy population and growing demand for quality products, the market is evolving rapidly. From e-commerce growth to cutting-edge shopping experiences, Saudi Arabia is leading the way in retail transformation. It's exciting to see how businesses are adapting to meet new consumer expectations, creating a dynamic and promising retail landscape. #Retail #SaudiArabia #Vision2030 #Innovation #BusinessOpportunities

E-commerce in Saudi Arabia is now accounting for 14% of retail sales. This is higher than previous estimates because we included almost SAR20Bn of GMV from SME merchants on platforms like Salla. Note that SAMA reports that MADA for ecommerce account for 12% of total consumer spend but the scope differs as SAMA considers all consumer expenditures, not only retail. But the most interesting insight is the fact that e-commerce accounted for 85% of total retail growth. Considering the large pipeline of shopping malls under development in the Kingdom, do you think we could reach a situation of over-supply of stores, if most of the growth is online? #saudiarabia, #ecommerce, #shoppingmall, #retail

What are the grocery shopping preferences and satisfaction drivers of customers in the UAE and Saudi Arabia? We surveyed them to find out. The resulting insights give grocery retailers a better understanding of their competitive positioning so they can make informed decisions that align with customer expectations. ➡️ The high interest for local produces highlights the importance of national food security programs ➡️ Private labels, which are currently underrepresented in local grocery stores, can differentiate retailers and counter discount retail ➡️ Discount retail is expected to transform the market, and retailers should learn from Western models to prepare for margin pressures ➡️ Personalization presents a significant opportunity in the diverse GCC markets Find out more in our new 'Market Pulse 2024' report > https://owy.mn/3Z0erIY #Grocery #Retail

E-commerce in KSA accounts for 14% of retail sales but 85% of retail growth . Considering the large pipeline of shopping malls under development , do you think we could reach a situation of over-supply of stores, if most of the growth is online?

Excited to launch Best Deals in KSA on LinkedIn! 🎉 We're here to revolutionize the way you discover shopping deals in Saudi Arabia. Our platform offers a curated selection of the best deals across various sectors, providing insights and value to both consumers and businesses. Join us on this journey to navigate the dynamic retail landscape of KSA and unlock exclusive offers tailored just for you. #BestDealsKSA #SaudiShopping #MarketInsights

The e-commerce platforms in Saudi Arabia are tracking a rapid growth provided by the convenience of online shopping, wider product selection, and competitive pricing.   The Kingdom's point-of-sale (POS) spending rose to SAR 58.5bn (US$ 15.6bn) in August 2024, reflecting a 9.67% rise on August 2023 (SAMA), with food & beverage outlets accounted for 36% (SAR 16.55bn) of this spending. Riyadh remains the key driver of in-store retail scene in the Kingdom. The total existing retail supply in Riyadh stands at 3.8 million sqm, with around 22,500 sqm of retail space entering the market in Q3 2024. Knight Frank forecasts that the capital’s retail stock will grow by 21% to 4.3 million sqm by 2026.   Average rental rates across Riyadh's retail market have increased marginally by 4.2% to SAR 2,845 psm for both regional and super-regional malls in the last 12 months, while occupancy rates increased by 5 percentage points to 92%.   To discover more, download our latest report, Saudi Arabia Retail Market Overview – Autumn 2024: https://lnkd.in/dZnSaNez Susan Amawi, Sameer Mujtaba, CFA, Faisal Durrani, Harmen de Jong, Pradeep Fernandes MRICS, Amar Hussain, Jonathan Pagett, Yazeed Hijazi, Konstantinos Papadakis, Talal Raqaban MRICS, Vera Zabelina #KnightFrankMENA #SaudiEcommerce #RiyadhRetail #OnlineShoppingSA #RetailGrowthSA #POSSpending #FoodBeverageSA

We are seeing sustained growth in retail rents in The Kingdom and a consistent demand for space across all retail formats. 92% occupancy across regional and super-regional assets is simply unmatch when compared to other global gateway cities. There is also incredible growth in home-grown, independent concepts which are responding to the demand for high quality offerings across a range of commodities. Entertainment is also a rapidly growing sector with a high demand again for new start ups and also new market entrants. Very exciting times ahead in Retail and Entertainment in The Kingdom!

Remember when getting the latest gadget meant braving crowded malls? Now, a few clicks bring it to your doorstep, thanks to last-mile logistics.   In Saudi Arabia, more people are shopping online than ever before. But with this growth comes challenges. Imagine ordering a phone case and anxiously waiting for it, only for it to arrive late or damaged. The industry faces hurdles like efficiency, delivery quality, and reliability. The demand for retail logistics is becoming increasingly critical as Saudi Arabia’s online retail market is expected to grow three times faster than offline retail.   There’s incredible potential in last-mile delivery as Saudi Arabia’s online retail market is set to skyrocket. Swipe left to explore this exciting business opportunity! Sandeep Ganediwalla | Redseer Middle East | #EcommerceGrowth #LastMileDelivery #SaudiRetail #LogisticsInnovation