Ecommerce is now a big part of our daily lives. Five years ago, online shopping, whether via laptop, mobile, or any other connected device accounted for 10% of all global retail sales. Today, we can expect that figure to be much higher.
Here in the UAE, where the market is still in ascendance, we can expect exponential growth for years to come.
Sites such as Noon.com have played a large part in this rapid market growth, offering entrepreneurs a fast and accessible way to get their goods in front of a large number of potential customers.
And setting up to sell with Noon is easy. In this article, we are going to look at:
The benefits of becoming a seller on Noon.com
There are many incredible reasons to become a seller on Noon. For one, setting up to sell in this vast marketplace gives you instant access to millions of potential customers – many of whom will likely be searching for products just like yours.
As well as a captive audience, setting up to sell on Noon also affords you access to world class ecommerce infrastructure that would otherwise be out of reach of small businesses and solo entrepreneurs.
You’ll get the benefits of increased brand recognition and trust too. Online consumers enjoying the buying experience with Noon, and by association, they will enjoy their experience dealing with your business too.
What documents are required to sell on Noon.com?
The first and most important document required to sell on Noon.com is a valid UAE trade license. More specifically, a UAE ecommerce license. You can get this via the Department of Economic Development or through a free zone. In both cases, working with a company formation specialist makes for a hassle-free process.
At Creative Zone, we can handle your entire license application for you, helping you to choose and register your company name and securing any visas that you require.
When you have your ecommerce license, you will need to submit this via the Noon seller portal along with several other documents, including your passport or residence ID, and a VAT certificate or a VAT non-enrolment form (if you are not VAT registered).
You will also need to supply valid bank account details including IBAN and SWIFT codes.
How long does it take to open a store on Noon.com?
There is not a simple and certain answer to this question. All new seller applications must be reviewed and approved. While this process can take as little as 24 hours, it may take up to several weeks.
What are the Noon seller fees?
Noon applies a sales commission to all goods sold through its site. This ranges from 4% to 27% depending on the product type. Home appliances are liable to a sales commission of 4% while apparel and footwear is 27%.
There are other fees involved if you use Noon services and facilities too. Shipping and handling is taken as a percentage of the total sale price, usually around 10%. There is also a monthly storage fee ranging between AED 0.2 and AED 5 depend on the goods.
How can I increase sales on Noon.com?
The best way to increase your sales on Noon.com is to research your market. The more you know about your customers and what they are searching for, the better.
Tailor your product titles and descriptions in line with popular search terms and look to the competition to see what steps they are taking to be found.
There are easier ways to boost your profile and, in turn, your sales too. Tools such as the Noon Price Intelligence Report can help you set the most appealing price for your products, taking into account historical pricing across several online platforms.
Noon’s Price Engine is another highly useful tool. It captures real time price changes across the site to automatically set your prices, helping you appeal to more customers and beat the competition.
How to get your license to sell on Noon.com
It’s vital that you are licensed to sell online from the UAE, whether you are using Noon or any other platform.
And while the steps to set up in UAE e-commerce are not too complicated, a certain amount of prior knowledge is required. Specifically, it’s vital to ensure that your applications for your business/visa/ license are all completely free from mistakes.
This can be somewhat stressful, so as we have advised throughout this article, the fast-track to getting up and running is through working with a company formation specialist.
They can also help you with opening a corporate bank account and also offer advice on the type of financial institution that would best suit your requirements.
Here at Creative Zone, we offer you the best solutions to start your company in Dubai, UAE. You get fast, reliable and unbiased advice on your unique business setup requirements. We can help you choose the right kind of license for your business activity and take you through the entire process from start to finish.
You can let us deal with the hassle of registering a company while you focus on your business. And working with us means you get the best budget friendly and cost-effective solution to help make your business dream a reality.
Over 10 years, Creative Zone has helped more than 36,000 entrepreneurs set up their businesses in Dubai. Whether it be a mainland business setup, offshore company setup, free zone company setup, or issuing of trade licenses and any related activity for registering a company in Dubai, Creative Zone is your one-stop-shop.
Our customer-first focus and our staff who speak 22 languages means you get a tailored package to suit your specific needs. We have worked with clients from around the world, setting them up in over 200 different business activities.
Let Creative Zone make your journey into e-commerce quick and hassle-free.