Faster online grocery shopping adoption to accelerate e-commerce growth in MENA region
14th November 2016, Dubai, U.A.E.
With grocery shopping making deeper inroads into e-commerce globally, SOUQ.com, the largest retail and online marketplace platform in the region, is pleased to announce the launch of ‘SOUQ Superstore’ on its platform. SOUQ Superstore, an online hypermarket, is set to make monthly grocery shopping easier by providing household items at the most competitive pricing - helping consumers save money as well as eliminating the pain point of carrying heavy load of grocery purchases from supermarkets.
SOUQ Superstore offers a huge assortment of products within six sub-categories; Food & Grocery, Health & Beauty, Household Needs, Pet care, Nutrition & Supplement and Baby Care & Food. In addition, there will also be curated stores within the ‘SOUQ Superstore’ including an organic food corner, chocolate shop and ‘food of the world’, available for delivery to all customers across the UAE, Egypt and KSA.
This exciting new launch compliments SOUQ.com’s recent investment in InstaShop- as part of its drive to provide a world-class online shopping experience to customers. While InstaShop allows users to access their nearby grocery store directly through their mobile app with delivery straight to their door in no time, SOUQ Superstore is well suited for consumers looking to stock-up on household items ensuring they never run out of essentials. SOUQ Superstore will feature the largest range of products from the popular global FMCG brands such as P&G, Nestle, PepsiCo, Unilever, Henkel, Reckitt Benckiser, Mars, L'Oréal, Johnson & Johnson, Nivea and many more.
SOUQ.com launches SOUQ Superstore at a time of enormous global growth in online grocery shopping with up to 34% of online shoppers expected to buy groceries online this year versus 21% in 2015, according to recent Morgan Stanley Research. By adding this crucial category to their web-store offering, SOUQ.com has taken a huge step closer towards completing the purchase cart of a consumer on SOUQ.com and becoming a one stop shop for the region’s online shoppers.
Ronaldo Mouchawar, CO-Founder & CEO, SOUQ.com, comments: “With SOUQ Superstore offering convenience, greater information, reviews, enhanced customization and unlimited product selection at their fingertips, we are confident of a significant level of consumer adoption here in the Middle East. It’s an exciting time to launch such a category as our digitally savvy consumers in the market are leading the online shopping trend and we are experiencing exponential growth in m-commerce. By leading with innovative solutions we are set to change the way consumers shop and eat today.”
Tina Chikhani Nader, Shopper & Customer Marketing Director-Gulf, Unilever explains, “E-commerce for FMCG products is poised for a period of growth. Our objective is to make sure that Unilever do not miss out on that growth opportunities. We want to be where the consumer is going, and will keep a keen eye on how this area develops in the near future”.
Omar Farid, President, Middle East and North Africa, at PepsiCo, comments: “PepsiCo is delighted that our consumers will now be able to shop on SOUQ.com and buy products from our broad portfolio which includes Quaker oats, Pepsi-Cola and Lays products. E-commerce is a business megatrend globally and one we recognize as a priority at the regional level in MENA. As the demand from our consumers to shop online continues to rise with the adoption of digital technology, we must adapt to these changing trends. As PepsiCo broadens its portfolio of foods, beverages and nutrition products, having an online retail partner like SOUQ.com helps us to scale the access our consumers have to great-tasting, delightful and nutritious options.”
Michelle Hirst, Strategy and PMO Lead - Gulf at Marsadds,“At Mars we realise that today’s consumers are looking for convenience and special offers. We are really excited to be partnering with SOUQ.com, bringing our chocolate and pet food products directly to the doors of our consumers in a fast and effective way”.
www.SOUQ.com is the largest online retail and marketplace platform in the Arab world, featuring more than 1.5 million products across 31 categories such as consumer electronics, fashion, health and beauty, household goods, and baby. Today, SOUQ.com attracts over 45 million visits per month, with localized operations in the KSA, UAE and Egypt.
www.SOUQ.com offers a convenient and safe online shopping experience with secure online payments, option to pay cash on delivery and free returns. For more information, visit www.SOUQ.com.
For press enquiries, please contact:
Impact Porter Novelli
Tel: +971 4 330 4030 / +971 5225 40702
© Press Release 2016