Soon to be launched online marketplace Noon.com has decided to use the high-street fashion segment as a central plank in its strategy to dominate the region’s fast-growing e-commerce sector. It will offer hundreds of exclusive fashion brands, five times more than its nearest competitor. Buyers will also be able to choose from more than three million products, in what will be a game-changing online retail experience for the region.
“For too long, consumers who want to buy fashion online in the Middle East have suffered from a lack of variety. The launch of Noon will change the regional online shopping experience for fashion forever,” stresses Noon founder and Emaar Properties chairman Mohamed Alabbar.
“Fashion will be at the very heart of the Noon experience. We will offer more brands and more products than any of our competitors. We will also launch with a large private label collection that will offer unmatched value to the customer. Noon’s fashion platform will be offered with a level of customer service that has not been seen in the region before. The sheer scale of our offering will also allow us to provide our customers with prices that will be impossible to beat,” he adds.
From mass-market megabrands to discount giants, Noon will offer its consumers access to a truly unique array of brands and products. It will also bring best-in-class customer service and the fastest delivery times to fashion-conscious consumers in the Middle East.
In total, Noon will offer 20 million products covering fashion, books, home & garden, electronics, sports & outdoor, health & beauty, personal care, toys, kids and baby products and much more.
The company will also provide same-day delivery through Noon Transportation, an in-house express delivery service. Payment will be conducted via NoonPay, a secure and innovative online gateway.
With an initial investment of $1 billion, Noon will launch in the UAE and KSA markets and will soon cover the entire Middle East region rapidly. Noon aims to grow online sales in the region from 2% of the total market ($3 billion) to 15% $70 billion) within a decade.
Words by Farimah Moeini, Snapchat Head of Industry – Retail and Travel TheJuly 5, 2021 | By RetailME Bureau
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