Pakistan Rising Bazaar’s Growth Story B 2022
Alternatives
Pakistan Rising Bazaar (PRB) is one of the leading e-commerce marketplaces in Pakistan, offering a broad range of products at low prices. It was founded in 2014 by a group of seasoned entrepreneurs from top e-commerce platforms in the Middle East and Europe, led by Mehreen Hameed. At the beginning, PRB was considered a niche platform serving customers in the northern region of Pakistan. However, the team worked hard to understand the needs and preferences of the users. They conducted market
Marketing Plan
Pakistan Rising Bazaar (PRB) is the first online mall in Pakistan and it provides its services to people, who have the desire to shop online. In addition to a wide range of products, PRB provides a variety of services for its clients such as easy payment methods, secure transactions, easy shipping, 24/7 customer support, easy navigation, and quick checkout. Our online mall has created a niche market for itself in the local online shopping industry. In 2022, the growth of PRB has been exponential,
SWOT Analysis
In Pakistan Rising Bazaar, 2022, there is unprecedented growth in the country’s automobile, bicycle, and home appliances industries. The Pakistani consumer has always been demanding and loyal. However, this time, with the Covid pandemic, demand for essential products such as personal protective equipment and medical equipments, which were at the brink of a scarcity, pushed the consumers to buy home appliances, including washing machines, refrigerators, and air conditioners. Pakistan
Problem Statement of the Case Study
In Pakistan Rising Bazaar, a leading e-commerce platform, the growth has continued steadily in 2021 as well, with a significant jump in revenue. The website had achieved 28% growth in revenue last year. The company had a market share of 6.5 percent in 2021. The market share is projected to reach 9% in 2022. In Pakistan, e-commerce is growing rapidly, and many retailers are now jumping into it with both feet. This is
BCG Matrix Analysis
Pakistan Rising Bazaar is a wholesale food distributor located in Karachi. They are known for their unique product lines and innovative business strategies. Here’s a case study on their growth story. 2022 Growth: In 2022, Pakistan Rising Bazaar’s sales were $30 million, up from $28 million in 2021. Their net sales grew by 9% and net profit increased by 12%. The growth was mainly driven by new product launch
Case Study Solution
Pakistan Rising Bazaar (PRC) is an e-commerce platform founded by Zafar Mirza in 2015 with the aim of connecting businesses and individuals in Pakistan with consumers worldwide. Initially, PRC was a platform for importing products from abroad. However, as its reach extended to Pakistan and the US, the company diversified to offer local products on its platform. By leveraging technology and innovation, PRC has emerged as one of the leading e-commerce platforms in Pakistan, offering an extensive range of products, fast
Evaluation of Alternatives
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