Browse > Home / Shoppers Talk, Shopping / Blog article: Online Shopping still high in UAE

March 11, 2010  
Bookmark and Share

Online Shopping still high in UAE

Data from the latest MasterCard survey of online shopping showed that  UAE residents who shopped online spent an average of US$1,048 (Dh3,849) in the December quarter last year, down from US$1,193 in the same period a year earlier. This was still far ahead of the second-biggest spender, Singapore, where the average online shopper spent $779 over the same three months. The average across all 14 countries surveyed was $660, down from $667 the year before.

The drop in spending was probably caused by consumer caution after the economic downturn, but was also influenced by online price reductions. Another possible factor is that many credit card holders in the UAE had their limits reduced last year, as banks aimed to reduce their liabilities. The fall in online spending came as more retail start-ups launched their online shopping concepts or expanded existing online offerings.

Retailers say that UAE residents are becoming more comfortable with shopping online, and the MasterCard survey shows they are shopping more often – 2.7 times a month in the three-month period to December compared with 2.1 per cent a year earlier. Still, just 52 per cent of UAE shoppers said it was convenient to shop online in the final quarter of last year, up from 47 per cent in the year before, but below the average of 78 per cent in the countries surveyed.

Sixty-seven per cent of UAE residents said they were deterred from shopping online by uncertainty that the transactions were secure. The average across all the countries surveyed was 59 per cent. Because of this reluctance, most shopping transactions on UAE websites are for cash on delivery, retailers say.

Here is our list with popular and guaranteed Online Retailers:

Share and Enjoy

  • PDF
  • RSS
  • Google Reader
  • Google
  • Delicious
  • Digg
  • StumbleUpon
  • LinkedIn
  • Facebook
  • Twitter
  • Technorati

You may consider reading further :

Comments

Comments are closed.