Singapore Online Shopping Picks Up Pace!

The Straits Times on 30th November 2010 states that the internet savvy people in Singapore have spent $690m in the year 2010 which is 15 times more than that spent in 1999. The figures have only considered the individual transactions through the Singapore credit cards. Thus, the actual figure spent by the people on Singapore online shopping would be much more than that mentioned above. This is definitely a good omen for all those aspiring web entrepreneurs in Singapore!  Singapore is known as the hub for affordable shopping across the world. Retailers fly down to Singapore just to pick up bulks of clothes and footware that they go back and sell in their own countries for amazing profits. Singapore’s online shopping world is also ruled by clothes, footwares and consumer electronics. Around 60% of the transactions from Singapore’s online shopping websites fall under these categories. Statistics also state that there are on an average 3-5 new online shopping portals everyday rising up from Singapore which totals to more than 4000 online stores from Singapore alone. These statistics seem to be booming the industry of Singapore online shopping.Singapore’s online shopping stores are receiving amazing responses from Hong Kong and Malaysia. People have been extremely receptive to the entire online shopping experience because it offers them with many more benefits than the physical retail stores. While shopping from the web, a person gets access to a lot more information through the pages of the website. Besides, he can also glance through some user reviews about the product that he is looking forward to buy. An online shopper also saves time on visiting different places or retail stores to manually go and make the purchase. The web allows him to purchase a lot more in very little time and at a lot of convenience. Just a click worth a second and all the shopping is done. Neither does he have to spend excess time and money in visiting the store himself and nor does he have to take the risk of carrying money for expensive purchases. The banks and their credit card facility does it all to give you the most relaxed and tension free shopping experience at the ease of your home or office!Singapore’s online shopping portals are gaining more and more credibility owing to the excellent after sales services that they offer. The products are always delivered within the stipulated time span and their return & replacement policies have been highly appreciated. The majority of techno savvy people praise Singapore’s online shopping portals due to the impeccable services that they offer! It is definitely word taking pride in!