The Foundation of “noon” • noon is led by Founder Mohamed Alabbar, the Chairman of Emaar Properties, in a joint venture with Saudi Arabia’s Public Investment Fund and a group of prominent Gulf investors. • A game-changer. An innovator. A regional powerhouse. noon is all of these and more – it is an online retail experience that is set to revolutionize the shopping experience in the Middle East forever. • With initial investment of US$1 billion, noon will launch services initially in the UAE and Saudi Arabia, with plans to cover the rest of the GCC, before branching out to cover the whole of the Middle East and North Africa region in due course. • In the process, noon aims to help boost online sales in the region from 2 percent of the total retail market (US$3 billion) to 14 percent ( US$70 billion ) within a decade.
Why sell online? With worldwide e-commerce sales expected to reach US $1.9 trillion this year, there is a significant opportunity for retailers to access new markets and sell online. 65% Make purchases from out-of-country online retailers. 54% Buy products online weekly or monthly. 46% Are making purchases via mobile devices. MASSIVE GROWTH POTENTIAL
E-commerce in the GCC is ramping up. Fast E-Commerce in the UAE is expected to grow 25% to 35% annually over the next 5 years *Source: Euromonitor E-Commerce in KSA is expected to grow at 40% to 50% annually over the next 5 years *Source: Euromonitor
Extensive retail & ecommerce experience • Combined, the noon team has decades of experience in technology, retail and ecommerce, having worked for a variety of online and off-line retailers, brands and distributors.
There is a gap in the online retail market offering in the Middle East • High penetration of internet users • High adoption of mobile in other business sectors • Limited online product assortment • Slow delivery • Poor customer service • Lack of trust in product quality & authenticity High Demand Low Supply • Limited product assortment from brick & mortar shops • Super connected young population comfortable shopping online
How does noon ensure customer centricity? In-house Technology new and scalable In-house Payment fast and secure Warehousing focus on speed and quality Assortment breadth and depth that cannot be reached offline Customer Service & After Sales ease of use for customers and sellers Logistics excellence in service levels
noon marketplace: the next big thing! • We have developed a beautiful e-commerce platform for the GCC. From early-stage ventures to large-scale enterprises, noon’s marketplace gives you the tools you need to grow your business through e-commerce channels. Fulfill Orders Schedule Shipping and Deliveries Connect with Buyers Sell More Analytics More Traffic Access to over Millions of Potential Customers Fulfilled by noon
noon offers multiple selling models to suit the needs of our customers and sellers Fulfilled by noon FBN Back to Back B2B noon Customer Fulfillment Center Seller Warehouse Customer Quality Control noon Customer Fulfillment Center Quality Control Customer 3hrs+ 1day+
Fulfilled by noon Higher conversion Higher traffic Easier access to customers Eligibility to run noon deals 60% FBN Fulfilled by noon B2B Back to Back Fastest Moving Products
Pick and pack fees Pick & Pack Fees Size Definition ( either condition met ) Sizes Fees (AED) Max cubic cm Extra Small Size 2.5 152 Small Size 5 975 Medium Size 10 5121 Oversize 15 12700 Bulky (Special Handling) 20 12700+
Marketplace category commissions Categories Variants % of Selling Price Color Cosmetics 8.00% Fragrances & Deodorants 14.00% Hair Care & Grooming 8.00% Personal Care (Skin, Oral, Sun) 8.00% Health & Beauty
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