Latest news with #SaudiArabian
Time Business News
15 hours ago
- Business
- Time Business News
Marketing Tools to Look for in E-commerce Platforms
Two things. First, in 2023, internet penetration in the Kingdom of Saudi Arabia stood at 99%. Second, a significant proportion of its population is young, tech-savvy, working age and can be assumed to have money. The result? A growing Saudi Arabian e-commerce market. In fact, ecommerce sales using the national payment system Mada cards grew 25.82% year-on-year in 2024 to reach SAR 197.42 billion. That does not even include credit card-enabled ecommerce transactions. What does this mean? Businesses are missing out if they're not online. There's no excuse not to be when ecommerce platforms like Salla exist. Ecommerce platforms make setting up an ecommerce store online frictionless, even for the non-tech-savvy, generational family business owner. They make everything easy to do: registering for an account, opening an ecommerce store, listing products, keeping track of orders, accepting payments, and shipping out items. These platforms set up a whole ecosystem of tools and applications that any ecommerce seller could want and need. A seller can quickly design and roll out their storefront and their store's category, and product pages. They can add to their available payment methods as their needs warrant, make their store available in many languages, and add to their shipping and delivery options as needed. These tools are native to or pre-integrated into the environment (i.e., the platform). As such, activating an essential or add-on function can be as straightforward as ticking a checkbox on an intuitively designed and laid-out seller dashboard. Some platforms even offer marketing tools. They empower you to promote your products so their users can find you and your products. Deciding on an ecommerce platform for your business? The following are some of the marketing tools to look for from an ecommerce platform: Induce a sale, especially for value-driven buyers. Discount coupons are codes customers can use on all or select products in your store that will take a certain percentage off the item price. Use them to welcome new users to your store, reward registered customers for their loyalty, or boost sales during certain seasons. You may even pair a discount code with a slow-moving item to boost turnover or clear inventory. Special offers are time-limited or product-specific deals you may activate and track. They are still discounts, but buyers don't need to enter a discount code to get the discounted rate. They just have to shop on a particular date or time and buy a specific product, too. Promos like 'Buy 2, Get 1 Free' or flash sales can move slow inventory. Use store statistics to refine your offers and continue those that convert best. You can offer discounts to customers paying with a specific bank's card. Check with banks; they may cut your merchant fees if you offer their clients a discount for using their payment card. This is a good strategy to maximize sales during payday and seasonal sales offers. Initiate marketing campaigns activated by certain triggers. Your store can automatically send reminders to visitors who left items in their cart. You set the rules and triggers. For instance, you can arrange it so the system sends an email after one hour of cart abandonment. After 24 hours, you can set it so the system sends an SMS offering a special discount coupon or a freebie. Abandoned cart campaigns can remind distracted buyers to continue shopping. The offered incentive may also convince hesitant buyers to proceed with their purchase. The result? You recover lost sales. Centralized Advertising Platform Your store needs visitors to make sales, and advertising gets you that. It's particularly crucial when you're new and your organic marketing channels have yet to kick in and bring visitors to your store. Conveniently manage your Google, Facebook, and Instagram ads from one place. It's particularly useful during product launches and seasonal sales because it enables you to run synchronized ad campaigns. Text Messages and App Notifications Send bulk SMS or app notifications to the ecommerce users' mobile phones. This is a good way to promote flash sales, restocks and exclusive deals. Short messages and notifications with a clear call to action get the best results. Turn customers into brand ambassadors. Affiliates actively promote your products to other people through reels, blog posts, landing pages, and social media posts. Your affiliates get a commission for every sale you make through their affiliate links. Track specific events to learn how visitors interact with your store. You can log page views and store sign-ups. You can also record adds to the cart. Use your store's events data to refine your ads and design conversion paths. Create content to draw visitors to your store and enhance your brand. You can write blog posts on relevant topics, including how to use your products and helpful tips on maximizing your products' utility. Talk about customer pain points and position your product as a solution to these problems. Address barriers to purchase, too, so you can negate concerns or reframe your value proposition so the perceived barrier becomes irrelevant. Blogging not only gives customers the answers they're looking for. It establishes you as an authority in your niche and builds trust in your brand. Blogs are a good place to put links back to your category and product pages (i.e., your money pages), and they are also a convenient repository of highly relevant keywords for which search engines can index your store. Ecommerce platforms make selling online easier, especially for non-tech-savvy business owners, because they provide an entire ecosystem of easy-to-use apps and tools. The best ecommerce platform comes with ecommerce marketing tools out of the box. TIME BUSINESS NEWS
New York Post
19 hours ago
- Business
- New York Post
Cristiano Ronaldo's new contract includes staggering $670,000 per day and private jet
Cristiano Ronaldo has signed one of the most lucrative contracts in sports history. The 40-year-old Portuguese striker has signed a two-year contract extension with Saudi Arabian side Al-Nassar worth $675 million along the will pay him approximately $670,000 per day, according to The Sun. On top of that, he netted a signing bonus worth over $33 million, which jumps to $52 million if he triggers the second year of his contract. Advertisement Ronaldo was also given a 15 percent ownership stake in the club Al-Nassar, which is estimated to be worth over $45 million. When all of the bonuses and incentives are added up, Ronaldo will be able to earn over $685 million. There's more than money to the deal: the superstar forward will have 16 employees working for him and his family, all paid by Al Nassar. He will also have private jet access during the entirety of his contract. Many believed that Ronaldo was on the way out at the end of the season after he posted a cryptic message on X on May 26: 'This Chapter is over, the story? Still being written. Grateful to all.' Advertisement He nodded to that post in an update on Thursday announcing the extension. 'A new chapter begins,' he wrote on social media. 'Same passion, same dream. Let's make history together.' Many thought Ronaldo would try to join a team competing in the Club World Cup. Advertisement Ronaldo playing for Al-Nassr. AFP via Getty Images Ronaldo hoisting the trophy after winning the UEFA Nations League final AFP via Getty Images However, those sentiments seemed to have shifted after Portugal won the UEFA Nations League final against Spain on penalties. 'The ambition I feel has no finish line. It is consistency, commitment and collective work that will make us better. And that is the task I am working towards. We are starting a new chapter!' he said, according to Portuguese outlet Record. Advertisement The only championship Ronaldo helped Al-Nassar win was the Arab Club Champions Cup in 2023. But the lack of results on the pitch for Al-Nassar has not been Ronaldo's fault. He has scored 93 goals in 105 matches with the club, which would be enough to win the Saudi Pro League Golden Boot twice. With Ronaldo locked into a contract for two more years, it's a question whether Al-Nassar can make a push for its first SPL title since signing the star in 2022.
Time of India
a day ago
- Business
- Time of India
From Cristiano Ronaldo to Lionel Messi! 10 biggest contracts in football history
Cristiano Ronaldo and Lionel Messi (AP Photos) In modern football, elite players are commanding record-breaking salaries, driven by global demand, commercial influence, and the rise of high-paying leagues like Saudi Arabia's Pro League. Cristiano Ronaldo has officially extended his stay with Al Nassr until 2027, ending widespread speculation about his future. The five-time Ballon d'Or winner, who joined the Saudi Arabian club in late 2022 after leaving Manchester United, has quickly become the face of the Saudi Pro League revolution. With 93 goals in 105 appearances, his impact on and off the pitch has been immense. Ronaldo announced the news via social media, vowing to "make history together," while Al Nassr confirmed the deal shortly after. Go Beyond The Boundary with our YouTube channel. SUBSCRIBE NOW! His new contract reinforces his position as one of the highest-paid footballers in the world. Here are the ten most lucrative contracts ever signed: 10. Lionel Messi – Inter Miami (2023–2025) Weekly wage: £750,000 Annual salary: £15.6 million 9. Erling Haaland – Manchester City (2022–2027) Weekly wage: £850,000 (with bonuses) Annual salary: £44.2 million 8. Riyad Mahrez – Al-Ahli (2023–2027) Weekly wage: £854,985 Annual salary: £44.5 million 7. Neymar – PSG (2021–2025) Weekly wage: £923,112 Annual salary: £48 million 6. Cristiano Ronaldo – Juventus (2018–2022) Weekly wage: £940,320 Annual salary: £48.9 million 5. Lionel Messi – Barcelona (2017–2021) Weekly wage: £1,162,911 Annual salary: £60.5 million 4. Kylian Mbappé – PSG (2022–2025) Weekly wage: £1,179,290 Annual salary: £61.3 million 3. Neymar – Al Hilal (2023–2025) Weekly wage: £1,637,903 Annual salary: £85.2 million 2. Karim Benzema – Al-Ittihad (2023–2026) Weekly wage: £1,637,903 Annual salary: £85.2 million 1. Cristiano Ronaldo – Al-Nassr (2023–2025) Weekly wage: £3,275,806 Annual salary: £170.3 million Game On Season 1 continues with Mirabai Chanu's inspiring story. Watch Episode 2 here.
Business Upturn
a day ago
- Automotive
- Business Upturn
SOUEAST Launches S06 , S07 & S09 in Saudi Arabia, Accelerating Expansion in the Middle East
RIYADH, Saudi Arabia, June 27, 2025 (GLOBE NEWSWIRE) — SOUEAST has announced a major expansion into the Middle East, launching its Saudi Arabian subsidiary along with a new brand strategy. At the 'EASE YOUR LIFE' event, the company debuted three new S-series models: the S09, S07, and S06. This move represents a significant step in SOUEAST's regional growth. SOUEAST will provide customers in the Middle East with a compelling new option. (Image 1: SOUEAST Brand Launched in Saudi Arabia) Building an Omni-Scenario Mobility Ecosystem True to its 'EASE YOUR LIFE' mission, SOUEAST focuses on urban mobility, with a global presence spanning more than 30 countries and regions across Asia, the Middle East, Africa, and Latin America through 144 sales outlets. As an emerging international automotive brand, it has established regional headquarters in key markets to strengthen localized operations. The company offers stylish, comfort, and warm-tech models—including SUVs and sedans—tailored for urban youth, delivering cost-effective mobility solutions worldwide. During the event, Mr. Ke, President of SOUEAST International presented the company's strategy. He highlighted Saudi Arabia's automotive market potential, noting high vehicle ownership (1.8 vehicles per household) and a young population (70% under the age of 35) as key drivers of demand for smart, personalized vehicles aligned with SOUEAST's 'EASE YOUR LIFE' vision. He noted that Saudi Arabia's need to upgrade its smart transportation and new energy infrastructure aligns with SOUEAST's expertise in NEVs and intelligent technology, positioning the brand to meet the preferences of young Saudi Arabia customers and expand its broader market appeal. （Image 2: Mr. Ke, President of SOUEAST International presented the company's strategy） At the launch event, SOUEAST announced a brand partnership with popular local actor Tareq Al-Harbi. Known for his strong connection with young audiences, Al-Harbi introduced SOUEAST's urban-focused models to Saudi Arabia's next-generation customers. 'Tareq's stylish, approachable, and charismatic image aligns perfectly with our brand vision,' added. The collaboration marks an important step in establishing SOUEAST's presence in this dynamic market. Three Prominent Models Debut, Meeting Diverse Mobility Needs SOUEAST unveiled three urban-focused models at the event. The S09, a flagship smart premium D-class SUV, redefines spacious luxury with its commanding dimensions: 4,858mm in length, 1,925mm in width, and 1,780mm in height, and a 2850 mm wheelbase. Featuring a robust 2.0T turbocharged engine and a roomy interior, it caters to urban elites with its aesthetic design, intelligent driving features, and luxurious amenities—embodying the brand's highest standards. The S07, an urban intelligent C-class SUV, skillfully combines practicality and style for style-conscious urban youth. Beyond its sleek design and comfortable interior, it delivers intelligent features including 12.3-inch connected screens, a 6-way adjustable driver seat with memory, advanced computing chips (8015 for 2WD, 8155 for 4WD), remote engine start, and ADAS—offering luxury-grade connectivity and safety. (Image 3: SOUEAST S07) The S06, a stylish urban SUV, features a dynamic and modern design, highly practical smart technologies, and a digital driving experience. Tailored for the young and energetic urban crowd, it delivers a vibrant and personalized mobility experience. It equipped with L2 intelligent assisted driving system and a 360° panoramic visual parking assist, enhancing both safety and driving pleasure. Deepening Local Market Penetration, Promoting Comprehensive Localized Operations SOUEAST's long-term Saudi strategy, guided by the principle 'In Saudi, For Saudi,' emphasizes deep localization. Mr. Ke outlined a series of initiatives, including: establishing a Middle East R&D, a Saudi subsidiary, and a regional parts and service center; creating a '3-hour response circle' through sales and service outlets in core cities by 2026; and deploying a localized '6+2+1' product lineup. SOUEAST has detailed its strategic development plan for the Saudi Arabia, with the goal of expanding its sales network to 25 outlets over the next three years—all offering comprehensive services including 3 years/60,000 km free maintenance, 6-year roadside assistance, 6 years/200,000 km vehicle warranty, and 10-year/1 million km lifetime engine warranty. The company will also collaborate with Saudi partners to co-create sustainable mobility ecosystems and deliver full-chain 'EASE' services, positioning itself as a trusted partner for users. SOUEAST has officially launched its Saudi subsidiary and unveiled its market strategy, reinforcing its long-term commitment to the Middle East. SOUEAST aims to strengthen its presence in the region while supporting Saudi Arabia's vision for modern transportation. Additionally, the all-new S06 DM is set to debut in July, offering an exciting new option for young customers. Photos accompanying this announcement are available at:
Indian Express
a day ago
- Business
- Indian Express
Kylian Mbappe vs PSG gets uglier: Explaining why footballer claims French team ‘morally harassed' him
French football star Kylian Mbappe has filed a complaint against former employers Paris Saint-Germain accusing the French team of 'moral harassment' during the final season of his stay at the club. The Paris prosecutor's office confirmed on Thursday that the forward had stated in his complaint that he was 'lofted' by the club after he refused to sign a contract extension before the 2023-24 season. In France, lofting means isolating a player from the main squad for sporting, administrative, or disciplinary reasons. The Ligue 1 club reportedly sidelined the France captain once he refused to extend his contract. The striker was left off a preseason tour to Japan and South Korea and forced to train with fringe players. Mbappe and PSG are in a dispute for a sum of 55 million euros ($61 million) in unpaid wages, which Mbappe, currently playing for Real Madrid, claims he is owed by the French heavyweight club. Mbappé's career with PSG ended after seven years — during which he scored a club-record 256 goals — amid boos from some sections of the PSG faithful during his last home game at Parc des Princes. He then joined Real Madrid last summer on a free transfer. Despite the blow of losing a star like Mbappe, PSG did win the Champions League this year. Mbappé signed the most lucrative contract in PSG's history in 2022. Back then, even though the contract will till 2024, Mbappe was made to pose with PSG president Nasser Al-Khelaifi on the Parc des Princes pitch and jersey with '2025' on the back. The Frenchman had in effect signed a two-year deal with an optional extra season. But that extra year was a player option. In June 2023, Mbappe informed the club that he would not take the option up and play an extra year in Paris as he eyed a move to his dream club Real Madrid. This meant that PSG either needed to sell the player so as to not lose him for a free deal. PSG put its crown jewel for sale in the transfer market, but Mbappe rejected an offer from Saudi Arabian club Al-Hilal worth 300 million euros. After the protracted disagreement, PSG claimed that Mbappe had agreed to forgo about 55m euros in bonuses from the deal he signed in 2022. This was a verbal agreement, which is now being disputed by the footballer's legal team. Mbappe is demanding three months' salary and the last third of a loyalty bonus.
