The Omni Solutions

31/01/2022

Breaking: UAE announces new tax to go into affect in 2023.
The UAE Ministry of Finance to introduce a federal corporate tax on business profits that will be effective for financial years starting on or after 1 June 2023.
With the standard statutory tax rate of 9% and 0% tax rate for taxable profits up to Dh375,000 to support small businesses and start-up's, the UAE corporate tax regime will be amongst the most competitive in the world.

11/12/2020

Is Amazon Wholesale FBA For Me?

Many people who wants to step in E-commerce business are often confused about whether to start with selling on Amazon (Wholesale or Private Label) OR launch their own website and start selling through that only. But the coin always has 2 sides and so does the Wholesale FBA, so let’s discuss its pros and cons in detail to help you better understand and decide which business model you should pick.

Pros:
1. Comparatively less monetary investment than Private Label.
2. You can invest as little as $3000 and earn around $1500 to $3500 per month.
3. In Wholesale FBA, Amazon takes care of everything, from managing the order, to packaging and delivery.
4. You can investigate about how well the products are selling before you buy them.
5. You can work with well-known brands.
6. Amazon is the world's most popular eCommerce platform that offers your product to millions of the local and international buyers as well, expanding your global reach.
7. You start from small and grow eventually as it offers you scalable growth opportunities.
8. You don’t get to deal with customer service, IP Complaints, fulfilling orders etc.

Cons:
1. You might get to deal with bad suppliers, affecting your sales, product quality and delivery.
2. You won't be able to get things on discount every time.
3. You can't resell the same product every time so you always need to hunt for new items. The most time-consuming aspect of Wholesale is Research.
4. You might face difficulties in gated categories or list suspension

Conclusion:

There are both pros and cons to Amazon wholesale selling, but your profit here is highly determined by the amount you are likely to invest and time you are going to dedicate for research. But do remember, even with competition you can make decent money on Wholesale Amazon FBA. If you have time to invest and are looking for a good monthly profit with low risk and less investment then wholesale FBA is for you, explore your opportunities and start wholesaling now.

Over 10 years we helping companies reach their financial and branding goals. Onum is a values-driven SEO agency dedicated.

04/12/2020

What are Gated Categories on Amazon?

Amazon wants to offer the best buying experience to its customers and for that reason, Amazon has additional security measures in the categories where sellers could easily misrepresent the product. Hence, Amazon has two types of Gated Categories and these categories do have their own rules and regulations.

1- Category Gates- This category requires Amazon’s approval for sale. Products in this category need to be approved by Amazon first, only then you can list them. Amazon might require performance checks, additional fees, and certain other qualifications in order to approve gated products. Some Gated products of 2020 are major appliances, automotive and power sports, beauty, health and personal care, toys, etc.
*In order to ungate category you must have original invoices from the distributor or the brand.

2- Brand Gates - Some “Brand Restrictions” might exist in ungated categories, which means you won’t be allowed to list some specific brands in ungated category. For example, brands like apple, bose, etc. And ungating specific brands is usually difficult as brands might charge you a monetary fee or you may need to develop a bond with them first.
**In order to ungate the brand you need to have an authorization letter from the brand.

What are Gated Products?

Gated products are those which have some sort of restrictions and you have to open a case with Amazon to un-gate them. Amazon will prevent a seller from listing the product until they submit their application and get approved by Amazon as a legitimate seller.

Why does Gated-category even exist?

Amazon has a customer-centric view where they value their customers more than anything. In order to maintain its own reputation and to reduce the risk of counterfeit goods, Amazon restricts and asks for verification from the sellers of certain products in order to protect its buyers from fraudulent sellers.

02/12/2020

Amazon UAE - FBA vs FBM: What’s the difference?
Sellers who use FBA pay fees to store their products in Amazon’s fulfillment centers as well as for Amazon’s world-class fulfillment services.
When an order is placed for a seller’s FBA product, Amazon receives the information, picks the stock from the shelves, packs it, and ships it.
Amazon also provides the customer service for all FBA products. These services are covered by Amazon’s FBA fulfillment fees, which are based on the size and weight of items sold. Amazon also imposes short- and long-term storage fees, so the longer an item stays in FBA inventory, the more fees a seller will incur.

FBM simply refers to sellers shipping their own products directly from their own homes, businesses, or warehouses after receiving orders through Amazon.com. This means that locating the stock, packing the orders, arranging the shipping, and providing all customer service is the direct responsibility of the seller.

(In amazon UAE scenario they provide amazon easy ship service.
The Amazon Easy Ship program provides a service for sellers on Amazon where packaged orders are picked up from the seller’s location by an associate from Amazon’s identified courier and delivered to the buyer’s location for a small fee. Using the Amazon Easy Ship program, sellers will ensure that their customers get a faster and more predictable delivery experience along with up-to-date shipment tracking information. In addition, only sellers who avail of Amazon Easy Ship can offer buyers the option to pay for orders at the time of delivery using the Cash on Delivery (COD) feature.

theomnisolutions.com

28/11/2020

How to Start your Business in UAE with Zero Investment?
Below is the whole procedure for amazon selling in the UAE.
Both Individual/Business Account, you can start with zero investment (No minimum or Maximum)
How to Register and Set up a New Selling Account on Amazon.ae
Documents Required;
Individual Account:
National/Resident Emirates ID of the owner (Must Be Valid).
Bank/Credit Card Statement or a Utility Bill to confirm the Address of the owner in PDF format.
Email Address
Active Phone Number
Business Account:
National/Resident Emirates ID of the owner (Must Be Valid).
Business Trade License which must contain the name of the owner in PDF form.
Business Email Address.
Active Phone Number
Go to the following website: services.amazon.ae
Click on [ Start Selling]
*The Services website can give you access to lots of information that will help you to have a better understanding of Amazon.
After registering on the portal wait for the approval, usually within 2-3 days you get the approval, if there will be any problem in verification amazon will send the email for further inquiry.
After the approval, you will get access to the seller central amazon UAE.
Select your business model (FBM/FBA) New/Used/Refurbished (Investment required PL-Private label (20,000 AED+), Wholesale (5000+), Arbitrage (Zero investment)
Product research / Hunting (Be careful while product hunting because currently there are no tools available for amazon.ae (like H10, Jungle Scout) you have to search manually.
Product Sourcing – Where to Buy (Check the purchase prices in the wholesale market, if going for P.L check Alibaba.com, madeinchina.com e.t.c) use amazon revenue calculator for calculating the amazon fees and net profit calculation.
Product launch (it includes product listing, Shipping to Amazon Dubai warehouse (if doing FBA) Ranking, PPC’s)
Read the amazon policies before listing your product, because amazon is very strict for its policies, permanent account suspension / List suspension may occur if you go against the policy.
There are some gated and restricted categories check before product research.
As per my advice start with minimum investment, learn the selling system then for earning good go for PL.
For the fellows who already have a trading business in UAE, start with FBM use your current inventory to sell on amazon.
Amazon is a billion-dollar industry, be part of it, don’t miss the opportunity
If you have any questions, feel free to ask. Or for a free session visit me.

theomnisolutions.com