How did e-commerce contribute to lowering product prices in Kuwait?
If we look at the most important reasons that contributed to the success of e-commerce and the trend of shoppers to it, we will find that the drop in the prices of various goods and services was the main motivator for them. The issue of shopping has become broader and not confined to certain places such as malls and markets, and electronic stores of all kinds and forms are not limited to It is open to all online shoppers in Kuwait and with just a few clicks on smart devices, you can buy almost anything online. This has created intense competition between online shopping stores and made them take different methods and paths in order to attract shoppers and push them to make a purchase decision faster, including Providing offers and renewable discount codes on various products.
Famous brands have taken the same approach in light of the emergence of competing companies on the scene and the decline in customer loyalty towards them. In addition, most electronic stores have provided a wide range of products and brands with varying prices to enable shoppers to choose what suits them with the least effort.
In this context, all shoppers in Kuwait are looking for any way to reduce their expenses, especially with the high cost of living and the stifling economic crisis that the world is going through. They have more options than ever before, and the pricing strategy of online stores is vital to their purchasing power.