It’s no secret that the outbreak of COVID-19 and the start of Singapore’s “stay-at-home” order caused many residents to change the way they operate, by replacing in-person activities with virtual ones. As a result, many e-commerce websites have seen an increase in customers, as more Singaporeans switch to online shopping. While brick-and-mortar stores have their benefits, online shopping comes with its own perks of cheaper prices due to lower operational costs and overhead. However, do all e-commerce sites provide the same great deals to their customers? To find out, the ValueChampion team explored how 4 of Singapore’s largest e-commerce platforms compare on price across 73 everyday products. Key Findings Qoo10 and Amazon consistently have the lowest prices across categories, costing 10.97% and 4.55% less on average than their competitors Amazon dominates the household and food & drink categories, while Qoo10 dominates the electronics, games & puzzles, health,
E-Commerce Sites Compete for Lowest Price: Where Should Singaporeans Do Their Online Shopping?
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