Dubai has seen exponential growth in its E-commerce section over the past couple of years. As a result, it is only natural for entrepreneurs to want to start an E-commerce Business in Dubai. That is why today we are going to look at eight things that you should know about if you are looking forward to starting an E-commerce Business in Dubai.
The COVID-19 pandemic and the worldwide lockdowns accelerated the growth of E-commerce Businesses in Dubai. This is because, even throughout the lockdowns, online businesses combined with delivery businesses were open.
As a result, people relied on online businesses, where they did their shopping, bought their daily necessities, and even ordered food. Consequently, when the rest of the economy was losing money, E-commerce Businesses in Dubai rose to the top.
8 Things You Should Know When Starting an E-commerce Business in Dubai
Starting an E-commerce Business in Dubai is easier compared to some of the other options available here. This is because of several factors such as the availability of virtual offices, easier licensing procedures, etc.
However, it is totally normal to feel lost if this is your first time starting a business in the UAE. In such cases, it is highly recommended that you seek assistance from Company Setup professionals.
Here are the eight things you should know when starting an Ecommerce Business in Dubai:
1. E-commerce Business Model
There are several E-commerce business models that you need to choose from to implement in your business. For example, the trillion-dollar company Amazon follows the B2C model where the transactions are done from Business to Consumers. Another popular example is Alibaba which follows the B2B model where the transactions are done from Business to Business.
The B2C model is the most popular E-commerce business model in Dubai and the rest of the world. This is because, with the right infrastructure, the whole world will be your customers. As a result, there is a possibility of making huge profits.
The B2B model is the second most popular E-commerce business model in Dubai. In the B2B model, you will act as the supplier and provide inventories to other businesses that will be selling to their customers.
There are two less popular but profitable sectors which are C2B (consumer to business) and C2C (consumer to consumer). In C2B, freelancers and independent contractors sell their services to businesses. In C2C, consumers sell their own possessions to other consumers.
2. Choose a product or niche
It is a good idea to start your E-commerce Business in Dubai with a specific niche. This is because at the start it will be hard to market your products if you select a lot of them. Instead, you should select a product that the market lacks.
As a result, you can enter a market that has little to no competition. Consequently, this will let you have an explosive start and attract investors for future expansion.
3. Create your brand
One of the most important aspects of starting an online business is to have a distinctive brand identity. This is because the online world has countless distractions that will take the attention away from your business. As a result, you will need a distinct brand identity that will help your customers identify your business.
4. Create your website and social media handles
The most important aspect of owning an E-commerce Business in Dubai is the website and social media pages. As we have mentioned before, you will need a brand image that consumers can identify. Additionally, your website and social media pages need to adopt the brand image, color scheme, and motto of your brand.
5. Get your E-commerce License in Dubai
The process of starting an E-commerce Business in Dubai involves getting your E-commerce license in Dubai. The Department of Economic Development in Dubai is responsible for handling the licensing processes of new businesses and the renewal of licenses of existing businesses.
So, if you want to start an E-commerce Business in Dubai, you will have to obtain your ecommerce license dubai from them.
Additionally, one of the most important aspects of starting a business in Dubai is to rent or lease office space. However, if you want to start an online business that does not need an office space like a dropshipping business then you can opt for a virtual office. In the case of an E-commerce business, you can also rent a warehouse to meet this requirement.
6. Choose an E-commerce Platform
There are many online platforms that let you easily create a cost-effective E-commerce store. Some of the most popular examples of such stores are Shopify, WooCommerce, Magento, BigCommerce, etc.
Among these, Shopify is the most popular and oldest E-commerce platform. This is because it is very easy to use and cost-effective at the same time. However, the other platforms also offer significant advantages.
7. Figure out your logistics
A strong logistics network is one of the success factors of any big E-commerce Business in Dubai. As a result, you will need to ensure that you have a selection of suppliers, transportation facilities, warehouse space, and delivery options.
Alternatively, if you want to outsource these activities, then ensure that you have strong supply chain partners to back up your logistics side.
8. Implement Successful Digital Marketing Strategies
Last but not the least, you need to ensure that your brand is engraved in the minds of your customers. This means that if they want to order something online, they will instantly think of your E-commerce Business in Dubai to fulfill their needs. One of the most important aspects of digital marketing is Seach Engine Optimization (SEO) and social media marketing.
How can Company Setup Consultants help you?
If you are looking to start an E-commerce Business in Dubai but do not know where to get started, then you are in the right place. This is because Company Setup Consultants have started various online businesses all over the UAE and we understand that newcomers feel a bit lost in the UAE. So contact us today and hit the ground running.
For further information and assistance on how to start an E-commerce Business in Dubai, UAE. To Speak with our Experienced Business Consultants for further information and assistance, call us at +971582595164. Send a WhatsApp Message for Chat Query on +971 582595164 or email us at [email protected].
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