DutyFreeZone.com to Open Shops Inside the Web, Offering 30,000 Electronic Items and More

Strategic Insights -

DutyFreeZone.com, the largest shopping mall on the planet, is set to revolutionize the way consumers shop by hosting shops within its virtual walls. This innovative concept will allow shoppers to browse and purchase a vast array of products, including the latest electronic devices from top brands such as Microsoft, Samsung, and Asus. With the addition of clothing and perfume brands, DutyFreeZone.com is positioning itself as a one-stop shopping destination for consumers looking for a unique online experience.

Key Takeaways:

  • DutyFreeZone.com will feature 30,000 electronic items, including products from brands like Microsoft, Samsung, Asus, and more.
  • The online shopping mall will also offer clothing and perfume brands, further expanding its product offerings.
  • The concept of hosting shops within the web is designed to attract new customers and foot traffic to DutyFreeZone.com.
  • This partnership is a strategic move to reinvigorate the company's e-store and appeal to a younger audience.
  • The collaboration may have a positive impact on the company's sales, with retail experts predicting a modest 3-4% gain industrywide powered by online sales.
  • Brick-and-mortar stores may struggle with declining traffic, as much as 7%, due to the rise of digital choices and options.
  • The concept of teaming up with vendors is not new, with Amazon being a notable success story, offering complementary products to its existing offerings.

Statistics:

  • 30,000 electronic items will be available for purchase on DutyFreeZone.com.
  • Retail experts predict a modest 3-4% gain in industrywide sales, powered by online sales.
  • Brick-and-mortar stores may experience a decline in traffic, as much as 7%.
  • 25 brands, including Asus, Acer, Hewlett-Packard, Intel, and Lenovo will be featured on DutyFreeZone.com.

Sources:

  • (C)1994-2015 M2 COMMUNICATIONS RDATE:23112015
  • Robin William, DutyFreeZone.com's president, as quoted in the M2 PressWIRE article
  • Robin Williams, chief executive of retail division, as quoted in the M2 PressWIRE article
  • Shelley Kohan, vice president of retail consulting at RetailNext, as quoted in the M2 PressWIRE article
  • Press Release from DutyFreeZone.com, obtained on November 23, 2015
  • M2 PressWIRE: "DutyFreeZone.com to open shops inside the Web!" (C)1994-2015 M2 COMMUNICATIONS RDATE:23112015.