Interview with CityDeal.ba

CityDeal.ba

What does your company do and what is the idea behind the business?

Our mission since the beginning of our business is to be the best at what we do. We strive for excellence and strive to be a part of everyday shopping choices. We are focused entirely on our users and offer interesting offers with discounts of 50% and even up to 90% every day!

How and when did you decide to start online sales (with your web shop)?

CityDeal has essentially been a group buying portal since its inception. The principle of group buying is precisely the best way to combine the benefits of special offers for end users and the necessary marketing campaigns for service providers. A web shop was necessary for the very idea of connecting service providers through a better and more favorable service and end users.

What were the biggest challenges in realizing the same?

The biggest challenge was certainly to create a quality site, a platform, which will primarily attract users with its appearance and functionality. Also, a big challenge was to create a new shopping habit for users who had never encountered the principle of group buying before CityDeal.

How did you solve/overcome them?

Our driving force has always been ambitious, educated and hardworking young people. The accelerated process of globalization, a quality proactive marketing strategy certainly contributed to our team solving problems faster.

Are there any things in the eCommerce business that went better than you expected. Things you were pleasantly surprised with.

The pace of growth itself was a positive surprise. Somehow eCommerce has had a sudden expansion on a global level. The reflection of the global expansion was the expansion at our local level. At one point we were all “online”. The need for physical locations was reduced, and we were all more accessible to a wider range of customers.

What are you most proud of?

First of all, we are proud of the prefix “first” in the sentence: “CityDeal is the first group shopping portal in Bosnia and Herzegovina.” We are proud of a young, hard-working team whose average age is around 25. Also, of the ideas that are born and implemented constantly, of the team’s proactivity and certainly of the long-term stability of the basic idea.

Some final message for all those who are thinking about starting an online business.

Every business idea that is born nowadays must have an online business idea. Quite simply, we live in a time where business does not exist if it does not exist online. With a creative idea, knowledge and effort, feel free to dare and realize your idea! 🙂

Did you know?

Bosnia and Herzegovina made the highest percentage of online purchases (3 months) of food or beverages from stores or from meal-kits providers compared with other CEFTA countries. (Eurostat)

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Legal disclaimer: This geographical map is for informational purposes only and does not constitute recognition of international boundaries or regions; GIZ makes no claims concerning the validity, accuracy or completeness of the maps nor assumes any liability resulting from the use of the information therein.

North Macedonia

Population 2057680
Population ages 16-64 13992.22
Internet use 85.3%
Internet shoppers 53.5%
Currency Macedonian denar
GDP per capita, PPP 21304.5

Albania

Population 2777690
Population ages 16-64 1861052
Internet use 83.1%
Internet shoppers 38.5%
Currency Albanian lek
GDP per capita, PPP 19496.20

Serbia

Population 6664450
Population ages 16-64 43318.93
Internet use 85.36%
Internet shoppers 64.18%
Currency Serbian dinar
GDP per capita, PPP 25061.9

Kosovo

Population 1761980
Population ages 16-64 11981.46
Internet use 90%
Internet shoppers 51%
Currency European euro
GDP per capita, PPP 14971.20

Bosnia & Herzegovina

Population 3233530
Population ages 16-64 21664.65
Internet use 83.38%
Internet shoppers 41.31%
Currency Bosnia and Herzegovina convertible mark
GDP per capita, PPP 20950.20

Moldova

Population 2538890
Population ages 16-64 17264.45
Internet use 76%
Internet shoppers 34%
Currency Moldovan leu
GDP per capita, PPP 15719

Montenegro

Population 617210
Population ages 16-64 4011.87
Internet use 88.36%
Internet shoppers 32.13%
Currency European euro
GDP per capita, PPP 28324.6

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* This designation is without prejudice to positions on status and is in line with UNSCR 1244 and the ICJ Opinion on the Kosovo declaration of independence.

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