Digital Business Technology

Through the E-Commerce Door at Biban24 Forum, Monsha'at aims to increase awareness of the importance of e-commerce and support the shift toward modern retail, contributing to the growth of the Saudi economy. It also seeks to meet the demands of the entrepreneurial and e-commerce environment by providing workshops, consultations, and mentorship programs. In addition, it supports existing business owners who aim to grow and expand by connecting them with service providers related to e-commerce, helping them enter the world of modern retail, establish new projects, smoothly overcome the startup phase, and understand the stages of investment, government procedures, and supporting entities.

Objectives of the E-Commerce Door

• Increase awareness of the importance of e-commerce and support the shift to modern retail

• Stay aligned with global trends in the retail sector and explore ways to better serve customers

• Introduce the concept of modern retail and how to bridge traditional and virtual stores

• Highlight Monsha'at’s role and initiatives in e-commerce, encouraging the business community to engage

• Support the entrepreneurial and e-commerce ecosystem and promote the transition to e-commerce

• Share local success stories and experiences in e-commerce

• Strengthen the role of modern retail in driving economic growth in the Kingdom

• Spread the culture of e-commerce and modern retail among consumers

• Highlight future needs and trends in e-commerce

Target Audience

1. Owners of micro, small, and medium-sized enterprises involved in e-commerce
2. Owners of micro, small, and medium-sized enterprises operating in traditional retail
3. Entrepreneurs or those interested in starting or expanding their businesses through e-commerce, as well as individuals looking to learn more about e-commerce and modern retail
4. Micro, small, and medium-sized enterprises offering services and support to e-commerce

Visitor Journey

The E-Commerce Door comprises 10 sections. Visitors begin their journey at the Monsha'at section, followed by the E-Commerce Council, the E-Commerce Initiatives section, Product and Service Development Platforms, Digital Solutions, Digital Payments and FinTech, Online Marketplaces, Supply Chains, Emerging Technologies, and Modern Retail.

Workshops

The door features two halls for workshops, with a total of eight trainers. There will also be a dedicated stage for expert speakers in e-commerce.

Key Takeaways

Visitors will discover e-commerce enablers, funding opportunities, and in-person training with e-commerce experts. They will also be introduced to modern e-commerce technologies and learn how to adopt the principles of modern retail, or seamless commerce. Additionally, visitors will have access to opportunities to launch into e-commerce and learn about tools for growth and sustainability.

Available Opportunities in the E-commerce Door

The E-Commerce Door is a vital platform that unites companies, entrepreneurs, artisans, and technologists to share experiences and innovations in the e-commerce sector. It offers an exceptional opportunity to explore the newest trends and technological solutions while identifying key strategies for business development and digital transformation.

·       Empowering entrepreneurs: Equipping entrepreneurs with the essential tools for successful entry into e-markets.

·       Fostering collaborations and partnerships: establishing open channels of communication with service providers, technology experts, and investors.

·       Enhancing operational efficiency: Delivering innovative solutions that reduce costs and boost profitability.

·       Staying updated on innovations: Exploring the newest advancements in artificial intelligence “AI,” big data, and digital marketing.

·       Increasing awareness of opportunities: Highlighting promising prospects in the modern retail sector.

·       Specialized hands-on workshops: Offering learning experiences on successfully entering online markets, optimizing business performance, and minimizing operational costs with innovative digital solutions.

·       Meetings with industry leaders: Providing opportunities to network with experts in diverse fields, from digital marketing to logistics solutions.

·       Targeted educational content: Addressing the specific needs of various industries to help them stay competitive in the digital commerce landscape.

Biban24 Forum plays a crucial role in shaping the future of e-commerce, accelerating economic growth, and enhancing the role of SMEs in the digital economy.