Press release
Unlocking Future Growth: KSA On-Demand Home Services Market Relies On Knowledgeable Employees And Advanced Tools As Key Commodities - Ken Research
Insights from Ken Research: Value Addition, Geographic Expansion, and Targeted Marketing Strategies Key to Boosting On-Demand Home Service Market in KSA.1. Service Providers Dominate KSA's Fragmented On-Demand Home Service Market, Holding 95% of the Share.
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The KSA On-Demand Home Service Market is fragmented with offline service provider holding 95% market share among 800+ service provider whereas, marketplace is consolidated with marketplace service provider holding 5% market share among 10 marketplace service providers.
The players compete with each other on the basis of its Business USP, Services Catered, Booking Mode and Ratings on App.
Major players entailing in Market place are positioned either in high quality and high services or low services and high quality.
2. Boosting Business: Recommendations for Expanding Geographical Reach and Tailoring Services to Target Audiences.
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Increasing the geographical reach in KSA can be advantageous for catering services to a larger customer base and ultimately increasing revenue.
Offering value-added services can also be a viable strategy for attracting end-users to choose a specific service provider or marketplace.
Vertical expansion of service offerings could also be considered, such as hiring specialized chefs with expertise in specific cuisines, among other services.
By expanding the target audience, both service providers and marketplaces can increase their market size and revenue
For more insights on the market intelligence, refer to the link below:-
https://www.kenresearch.com/industry-reports/ksa-on-demand-home-service-market
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Ken Research is a Market Research and Consulting Firm, based out of India, Indonesia and UAE. Since 2011, we have been assisting clients globally with our Syndicate and Bespoke Market Research and Advisory Services.
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