- PPF Points
- 2,039
It can be quite an enjoyable and also profitable task to start an electronic store in Dubai if you are going to be dedicated to getting everything right and to know first the overall picture of the local market. The very first step involves the choice where to open your store, in the mainland, or one of the free zones—mainland option gives you an opportunity to be the local market supplier free of any obligations, whereas free zones provide complete foreign ownership and tax benefits but in the majority of cases, they restrict the access of direct sales within Dubai. Except if you want it to go through a local distributor. Next, you will have to finish the business registration process of Department of Economic Development (DED) (for mainland option) or the specific free zone authority (if it's your choice) as your location of the business. Pick a name, representative of your brand, and obtain the trade license needed to carry out electronics trading. The access of the place is in most cases the most important aspect—in places like Deira, Al Fahidi, and even Dubai Mall electronics are very popular hubs and they are crowded with tech-savvy people, therefore, try to find a place there the customer traffic is similar to your product range. In addition, you will also have to focus on inventory management—whether you want to keep the trendiest gadgets, accessories, or concentrate on specific items like gaming equipment or smart home devices. The next thing to do is to establish relationships with reliable suppliers, both local and international, and see that the import and safety regulations of Dubai, as well as the standards of local suppliers, are well-observed. Don’t forget using the digital phase as well—besides the actual store a kind of virtual presence will create more visibility besides the n<span gt;t<span gt;he audience and make you look more authentic. The market is not an easy place to compete, but with top products, superb customer services, and the interesting shopping atmosphere, your store can have a consistent place in the retail landscape of Dubai.
