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Countries within the MENA region, where you can start Ecommerce business without visiting !!

04-11-2022 03:25 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: YourRetailCoach Dubai

Models of ecommerce businesses in the MENA region

Models of ecommerce businesses in the MENA region

When it comes to ecommerce business with our company , the advantage of businesses is that they can be managed virtually, from wherever you are two ways in the MENA region from your region called Cross border ecommerce ( https://www.yourretailcoach.ae/cross-border-ecommerce ). It can be your warehouse and orders from your country or orders from MENA. As a result of the latter, delivery turnover is fast, and the customer gets the product faster.

The Middle East and North Africa's retail industry is poised for a significant shift. E-commerce is becoming a reality. It reinvents consumers' purchasing process, creates new customer experiences, disrupts business models, and provides growth opportunities for small and large retailers and a new generation of pure e-commerce players.

MENA ecommerce Industry Overview

-> The MENA ecommerce market was worth $8.3 billion in 2017. An average annual growth rate is 8.3%
-> Twenty-five percent, e-commerce has grown slightly faster than the global average in the region. The GCC
-> Egypt accounts for 80% of the global e-commerce market and has experienced a 30% annual growth rate.

Strategy for MENA Region ecommerce businesses

If you want to have a stock point in MENA, identify your primary market offering your products and service, the trend is to set up stock points in Dubai, ecommerce fulfillment majorly. Ecommerce fulfillment centers keep their stock, and whenever an order from MENA, delivery occurs from the stock point to MENA. The ecommerce fulfillment partner holds your stock. And you can be the ecommerce fulfillment part. In Dubai, it is straightforward to start a business as ecommerce ( https://www.yourretailcoach.ae/services/e-commerce-online-stores/ ) is more mature in Dubai compared to other countries. Dubai has become an excellent ecommerce destination for MENA. Find an ecommerce partner in Dubai with our company or contract with many delivery partners; you need to find that agency to cater to the customer in the MENA region with our company .

Models of ecommerce businesses in the MENA region

When finalizing a business, find a great courier partner that can cater to that market. Integrate their software with a fulfillment center. The warehouse will notify the courier partner to pick up the order. For example, Amazon, the warehouse partner, has a liaison with the courier partner and so the delivery partner will pick up the order. Finalize the fulfillment partner and courier delivery partner. You can do it virtually, not only in Dubai. Fast commerce is already beneficial to many industries, including retailers, food and beverage platforms, cloud-hosted SaaS companies, back-office operations, and other businesses.

You can have 100 percent ownership in Dubai, own a bank account, own an importer code.. There are companies to help you start a bank account and start your transaction sometimes, they may require your signature, or you can give power of attorney to the compliance partner.

Business owners in MENA are concerned about the cost and speed of services. Fast deliveries are a significant obstacle to commerce-based platforms that can fulfill orders in record time because there are no Zip Codes within the UAE.

Multi-locational business models ( https://www.yourretailcoach.ae/services/business-model-development/ ) solve the above problem by using warehouse packing, picking, and replenishment modes. This aspect has led to a rise in demand for warehouse inventory management software, also part of the quick commerce blockchain.

Consider an omnichannel approach.

The omnichannel approach of Middle East markets may be a good option for new brands. An omnichannel strategy for entering the Middle East market can be a great way to build trust and improve the brand's narrative. This aspect involves integrating offline touch points with online channels.

-> Software and tools that can help you manage an online business

-> Order management software helps you manage online order and manage inventory.

-> CRM software allows you to view the entire customer lifecycle. It can be used for lead generation and first contact through follow-ups and conversions.

Social Media Management Tool: Social media has become a key channel for online marketing and business communications. It is hard to run a successful online company without being active on social media. Social media management tools can help you get started with your SMM campaign. These tools can automate your posting process if you have multiple accounts.

About the YRC

Your Retail Coach (YRC) is a company that specializes in ecommerce and retail management consulting ( https://www.yourretailcoach.ae/ ). It provides omnichannel and online ecommerce services to different industries. Our experts can increase profits, prepare you for disruptive technology and expand your channels. YRC is a leading ecommerce strategy consulting firm ( https://www.yourretailcoach.ae/services/business-strategy-consulting/
) with extensive capabilities and a broad range of skills. YRC is the most trusted ecommerce consulting firm within the MENA region. YRC has consulted many companies in the MENA region, Asia, and worldwide, for more than ten years and 20 + verticals related to starting an online retail business, growing ecommerce in MENA, ecommerce in Dubai, how to start ecommerce business in Dubai and ecommerce business setup in Saudi Arabia. YRC helps effectively in the domains of SOP design, strategy, formation, talent solutions, etc.

Get advise for E-commerce retail business : http://www.yourretailcoach.ae/contact-us/

Marina Plaza
Al Marsa St
Dubai Marina
Dubai
United Arab Emirates (UAE)
Phone: +91-9860-426-700
Email: consult@mindamend.net

YRC is a Management Consulting Firm with its presence across India & Dubai.
We help our clients build robust management systems which shall help to reduce their involvement in daily operations. We act as "Growth Partners" to our clients and help our clients grow in an organised manner. We have served more than 100 brands till date and are associated with 85% of them.

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