Retail, whether traditional or online, is something Dubai values and encourages. As a result, it’s no surprise that the UAE’s eCommerce sector, which is expected to be worth $17 billion by 2025, is still on the rise, and we may expect exponential development in the near future.
Since its beginning, Noon.com has been committed to promoting and expanding the GCC’s online retail industry. Noon.com has been utilizing its region’s rising need for fast online shopping by providing businesses with a quick and easy option to get their items in front of a large number of potential consumers.
Are you interested in selling products on Noon in the United Arab Emirates? If so, there are a few requirements you should be aware of. In this blog post, we will cover all the important details you need to know before you start selling on Noon.
Benefits Of Selling On Noon
Noon.com, one of the largest eCommerce sites in the UAE, receives millions of visitors every day. This suggests that establishing an eCommerce business in Dubai and selling on this site is a profitable business venture.
The following are some of the advantages of selling on Noon.com, whether you’re an eCommerce company, a drop seller, or someone with a physical business who wants to sell online:
Reach Potential Customers
Marketing in a whole new market is difficult, yet Noon.com gives you vital exposure in that area. Apart from being listed in the correct category on the website with your product, your firm obtains online traction by being displayed on the side and bottom bars that display comparable items. Reaching out to potential consumers in this way is better than spending money on aggressive and unproductive marketing strategies like pop-up advertising, and you’ll get this effective visibility and coverage for a fraction of the cost of solo campaigns.
Build Customer Trust
In a new market, the first thing an online business needs is a strong reputation and the confidence of its clients. Customers are skeptical of new projects and salespeople, preferring to do business with long-term vendors. Noon.com is the place to start your eCommerce business if you don’t want to waste time trying to create a reputation while working on one-time orders.
Expand Your Brand
Building a brand in a new market is no simple task, from acquiring offices and warehouses to hiring local personnel and assigning managers and supervisors to the region. WeServe can assist you in settling into the UAE, while Noon.com can help you grow your eCommerce firm by using its warehouses and extensive operational infrastructure. You will not have to pay exorbitant depot fees in Dubai if you use Fulfilled by Noon.
Establish An Online Presence.
Create an Online Presence: Noon Marketplace allows online companies to obtain large exposure to potential clients in a cost-effective manner.
The eCommerce platform has a domino effect when it comes to growing brand recognition. Being featured on Noon may help businesses obtain more digital foot traffic to their websites or e-commerce platforms, as well as the much-needed trust factor, which opens the door to greater client acquisition, engagement, and retention.
Low Cost
Noon charges a small sales commission on any purchases made through their website. This might range from 4% to 27% depending on the product. Home appliances have a 4% sales charge, whereas clothing and footwear have a 27% commission.
If you utilize Noon’s services and facilities, you may incur additional costs. Shipping and handling are computed as a percentage of the total selling price, which is often about 10%. A monthly storage fee ranging from AED 0.2 to AED 5 is also levied, depending on the product.
Exceptional Support
Any small or medium-sized online business can benefit from selling and expanding through Noon. The e-commerce site has made the platform user-friendly, so anybody can become a merchant on Noon within 48 hours.
Similarly, the payment procedure is straightforward. You may anticipate receiving your revenue each week with no delays or postponed payments. You don’t need to pay a single individual to address difficulties at the end of the day since you can easily include that in your multitasking.
Steps To Start Selling On Noon
To start selling on Noon.com, you must first complete the following steps:
1. Registration On Noon
The first stage is to obtain a legal trade license and a business registered in the UAE, Saudi Arabia, or Egypt. Those who already have a license must register an account on Noon.com, provide copies of all applicable papers, and pay a Noon seller charge.
After completing the documentation procedure, you must wait a week for the Noon seller support staff to verify and authenticate the information you submitted, as well as help you with any Noon seller training that may be necessary.
2. Payments
You will need to provide legitimate bank account information, such as IBAN and SWIFT numbers, as well as the below details on a signed and stamped company letterhead:
- The company’s legal name
- Bank branch
- Store currency (once chosen, it wouldn’t be possible to change it in the future)
OR
- A Cancelled Cheque (It must have an IBAN number and an account number; if not, a signed and stamped Noon Bank form must be provided.)
- In order to sell products related to Health and Beauty, proof of purchase or invoice, distribution authorization letter, or a manufacturer permit/certificate are required
3. Fulfilment
Following account activation, you can choose one of the platform’s fulfillment choices, or you can utilize both options as long as your inventory is maintained separately for each option.
Noon B2B Fulfillment
The seller will be responsible for the handling and maintenance of their product. The seller has total control over the price, processing, and quality of your items.
Noon FBN (Fulfilled By Noon)
You allow the marketplace to store your items in their own fulfillment centers, handle and maintain them, and distribute them directly to customers.
Documents Required To Start Selling On Noon
To start selling on Noon.com, one must have a valid UAE trade license or commercial registration. A UAE eCommerce license may be obtained via the Department of Economic Development or a free zone.
Once you have obtained your Dubai eCommerce license, you can submit it to the Noon seller portal along with other required documents, such as your passport or residence ID and a VAT certificate or VAT non-enrolment form (if you are not VAT registered), and your store will be validated within a week.
How to Set Up a Noon Seller Account
To sell on Noon, you must be a company registered in the United Arab Emirates, Saudi Arabia, or Egypt. You must first register a Noon customer account before you can set up your seller store.
To open a seller account, go to the Noon Seller Lab.
Following that, you must submit for approval copies of the following documents:
- Commercial registration or a valid trade license
- Passport or proof of residency
- Non-nationals can apply for a residence visa.
- VAT certificate (non-VAT registered vendors may also sell on Noon).
- Once copies of your paperwork have been received and authorized, it takes one week for your Noon business to be approved.
Why WeServe Business Set up?
WeSeve has assisted many companies in successfully obtaining business licenses in Dubai and elsewhere. Our experts understand all requirements and can advise you on all steps required to launch your e-commerce business in the UAE.
If you want to know how to start selling at Noon when starting an eCommerce business in the UAE, talk to the advisors at WeServe.
