The pandemic that engulfed the whole world has prompted us to accept a new business reality: the inevitability of quickly adapting to digital transformation. The economic tremors of the pandemic were comparatively lower in the landscape of business setup in Dubai as the region has already progressed in digital transformation. On the back of this strong digital infrastructure, the entrepreneurs were able to find lucrative business opportunities in Dubai.
Doing a business online is the most cost-effective and profitable endeavour in 2021. However, a new entrepreneur needs to be careful as every online business may not yield the result they expected. No need to be disheartened, we have picked for you a handful of online business ideas that are lucrative in the post-pandemic world. Let’s explore further.
E-commerce is, without doubt, one of the fastest-growing sectors in the Middle East region. The growth prospects of e-commerce skyrocketed following the change in consumer behaviour in the aftermath of the pandemic. As per a combined report by EZDubai free zone and Euromonitor, the UAE and Saudi Arabia accounted for 75% of total e-commerce sales in the Middle East in 2020). The report says store-based retailing is expected to grow by a CAGR of 1 per cent over the 2019-2024 period, while e-commerce is forecast to grow by a CAGR of 19 per cent over the same period in the region.
You can set up an an-e-commerce license in Dubai mainland or any free zones. A mainland company offers you unlimited opportunities to trade your goods anywhere in the UAE. If you are a free zone company, you need to enter a deal with a logistics company to sell the goods outside the free zone limits. Business setup consultants in Dubai can advise you to make the right decision in choosing between a free zone and a mainland license.
Social Media Consultancy
Social media has become inevitable for businesses that realised the power of online branding. Having an online presence is the best way to reach the target audience and draw their attention. Not all businesses rely upon an in-house team to help them build a strong online presence. In a dynamic city like Dubai, businesses outsource this requirement to social media consultancies to cut costs and see faster results.
Social media consultancies assist businesses in developing a social media strategy and executing it for them. If you have commendable experience in social media marketing, it is profitable to set up a social media consultancy in Dubai. Free zones such as Dubai Media City offer cost-effective licenses to set up a social media consultancy in Dubai. Otherwise, you can operate as a freelance consultant by obtaining a freelance permit from any free zones in Dubai.
Graphic Designing Services
The demand for graphic designers spiked as companies have realised the power of digital marketing post-pandemic. The role of designing professionals is pivotal when it comes to building a solid brand identity for the business. A graphic designer helps businesses to come out with a unique brand style that distinguishes them from their competitors and get their target audience to connect better with them.
Be it a logo or a poster, graphic designers are critical in building a successful brand identity in Dubai. You can set up a graphic designing company in Dubai mainland or free zones depending on your target audience. There is increased demand for a freelance permit as well. Either way, the assistance of business setup consultants in Dubai will help you in obtaining the license quickly.
Web Designing Company
Companies in Dubai mostly get enquiries through their online which has created the need for building an appealing website. A website is nowadays the face of the company and the prime point through which potential customers check when looking for a product or service provider. The customers may form an opinion about the company based on the attractiveness of the website.
Building a user-friendly website plays a key role in attracting more customers. As a result, the demand for web designers has soared in Dubai. Opening a web designing company is a great way to make a profit in Dubai if you have considerable experience and expertise in the field. If you have these two qualities, consult with the top business setup consultants in Dubai to register your web designing company.
Online training and coaching have become inevitable post-pandemic as people were forced to avoid human contacts to curb the spread of the virus. Most schools operate online nowadays across the world including in Dubai. Many experts have turned online to share their expertise in various fields of knowledge. With the right gadgets and marketing strategy, finding customers online proved more profitable for online tutors.
You can teach anything online including music, fitness lessons, personal finance, writing tips, cooking, business advice etc. You need to have excellent knowledge in your area as well as a license to conduct online classes in Dubai. You can register as a company or operate as a freelancer to provide online coaching.
Start your Online Business with Jitendra Business Consultants
It’s the first step that matters most in the success of any business. Running your business depends upon your strategy and capabilities. You can do it alone but getting started in Dubai is a different ball game. You need business setup consultants in Dubai such as Jitendra Business Consultants ( JBC) to get started. JBC’s experience will come in handy to crack the complexities in the process of business setup in Dubai.
JBC can guide you in choosing between a mainland or free zone license. Some activities in the mainland come with the requirement of getting special approval from relevant ministries. We will advise you on that aspect. Also, you don’t need to struggle with getting visas, drafting MoA or opening a corporate bank account in Dubai. We will do that for you. Get off to a great start with our excellent business setup services in Dubai.