July 13, 2023

During the meeting there was an intense discussion about the best strategy: launch on a marketplace or a D2C company. Also, speakers shared their expertise on internal advertising on Noon and strategy on Amazon from start to exit.

Below are some insights from the meeting:

Break even is typically reached in 7 months

Net profit at a marketplace - 20-25%

TikTok ads drive sales best of all - lead the traffic direct to Amazon or Noon listings

50 AED is the best price to create a profitable company; you may add several items at the price of 30-40 AED just to drive traffic to your brand

Flipping helps you build a bigger company: buy a fresh growing brand and add it to your Amazon profile - enjoy an overall growth

One businessman shared his experience of creating and selling 3 brands which brought him 30 months of profit (EBITDA x 2,5)

15 000 AED is the bottom line for starting a business on a marketplace in Dubai

Nouman Mehmood Shahdai

Founder & CEO of Digixcommerce, 7-Figure Seller

Dani Gagarin

Product manager at Yalla!Hub

Speakers of the event:

Event gallery