SIGNIFICANT GROWTH DRIVING ONLINE SHOPPING IN SRI LANKA

CLAUDE GUNASEKERA

The widespread use of the internet and smart devices has fueled the growth of e-commerce market in Sri Lanka and experiencing significant growth driving online shopping. “Approximately 43% of the 11 million internet users in Sri Lanka are making online purchases while user penetration is expected to reach about 13.3% this year and is expected to reach 14.1% by 2029. The e-commerce market is projected to reach a projected market volume of US$4.89 million by 2027” said Douglas Nijanthan CEO of Bamagate.com at a press briefing held in Colombo yesterday at the media launch of the ‘DEALS OFFER by Bamagate.com’.

He said the Bamagate.com is offering a wide variety of deals to cater to the diverse needs and preferences of its users from electronics and fashion to home goods while offering some fabulous offers such as a FREE gift deal, deal of the day and Buy one Get one FREE.

“Exclusive deals are special discounts or offers that are available only to a select group of shoppers and these deals can often be accessed through specific platforms like Bamagate.com. The value of these exclusive deals lies in their limited availability, which means fewer people are aware of them and there is less competition for the items. This exclusivity can translate to significant savings for savvy shoppers who know where to look”.

Moreover, Nijanthan said, exclusive deals often come with additional perks such as free shipping, extended warranties, or special financing options such as exclusive coupon codes and promo codes. These codes can be used at checkout to receive additional discounts on purchases. Bamagate.com frequently collaborates with top brands and retailers to offer these special codes, ensuring that customers always have access to the best deals, he said. “With Bamagate.com, you have a reliable resource to help you navigate the world of exclusive deals and make the most of your shopping experience” he concluded.