COD Continues to Remain Preferred Payment Choice for Teleshopping in MENA
Expanding
television viewership base, availability of a wide array of
products, and effective marketing and advertising strategies
to drive MENA teleshopping market through 2023
According to a report released by
TechSci Research, “MENA
Teleshopping Market By
Operation Type, By Category, By Payment Mode, By Source of Order, By Country,
Competition Forecast & Opportunities, 2013 – 2023”, the Middle East and North Africa teleshopping
market is forecast to reach $ 245 million by 2023. Growth in the market is
expected to be driven by increasing population of expats, availability of products
tailored to the needs of the consumers, and growing presence of teleshopping
companies on other media platforms such as social networking websites, online
streaming services, etc. Moreover, deployment of effective marketing and
advertising strategies by teleshopping companies to attract consumers is also
anticipated to aid the region’s teleshopping market during forecast period.
Browse 64
market data Figures and Tables spread through 98 Pages and an in-depth TOC on "MENA
Teleshopping Market"
https://www.techsciresearch.com/report/mena-teleshopping-market/2313.html
According to the United Nations,
the number of internet users in the MENA region is growing at a rapid pace, thereby
further driving the region’s teleshopping market through orders on the internet.
Cash on Delivery (COD) is the most
preferred payment option in the Middle East and North Africa teleshopping market,
as consumers in the region are cautious due to rising number of frauds
happening through online transactions such as debit/credit cards, online mobile
wallets, etc. Saudi Arabia, Israel and the UAE account for a major share
in the region’s teleshopping market,
owing to high demand and growing acceptance of the products sold by
teleshopping companies.
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“The
teleshopping market in MENA is gaining popularity and experiencing a steady
growth on account of increasing penetration of television and internet in the
region. Moreover, effective product demonstrations and availability of tailored
products, deals and discounts coupled with rising per capita income of the
consumers are anticipated to positively influence the region’s teleshopping
market in the ensuing years.”, said Mr. Karan Chechi, Research Director with
TechSci Research, a research based global management consulting firm.
“MENA
Teleshopping Market By Operation Type, By Category, By Payment Mode, By Source
of Order, By Country, Competition Forecast & Opportunities, 2013 – 2023” has evaluated the future growth potential of teleshopping
market and provides statistics and information on market structure, size, share
and trends. The report is intended to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges and opportunities present in the MENA teleshopping market.
About TechSci Research
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