Wonder
Sign up
Log in
Research Outline
Prepared for Rogelio | Delivered December 9, 2019
Costa Rican Customer E-Commerce Readiness
Review your project details
Goals
To understand Costa Rican customer education, awareness, mentality, and openness towards e-commerce.
View less
Early Findings
Our research on Cost Rican customer e-commerce readiness revealed insights. Here are key pieces of information we found:
Costa Rican Customer E-Commerce Readiness
E-commerce continues to increase
in Costa Rica because this country has led the region in telecommunications network development and information technology initiatives and education. There is
great potential for Costa Rican customers
to increase their use of the internet and e-commerce in the future because of these development and
education initiatives
.
Costa Ricans already enjoy over 179% cell-phone penetration, and they
reached 171% internet penetration
by the end of 2018, according to the Costa Rica’s Superintendence of Telecommunications (Sutel).
Costa Rican customers are increasingly aware
of the benefits of using e-commerce. “Black Friday” began in 2010 for Costa Rica, and
thousands of Costa Rican customers
still take advantage of the day and purchase online from virtual stores in the United States. E-commerce has also led to the creation of companies where
Costa Rican customers
can purchase merchandise from U.S. retailers and transport it to the local market.
Wish.com is a popular Chinese website in the
Costa Rican e-commerce market
that offers low prices to Costa Rican customers for purchased items that are sent directly to their households. The Costa Rican Postal Service (Correos de Costa Rica) has opened a new office to deal with a backlog of deliveries due to the
overwhelming amount of orders
received from Asia.
A recent study on behalf of Mastercard found that
83% of Costa Ricans want improved security
in e-commerce, with more biometric features that will go beyond passwords to include "identification through fingerprints, face recognition and other emerging forms as the next phase of their authentication", to
become more open
to engaging in e-commerce on a frequent basis.
View less