Noon Marketplace Module

Welcome to AH Square

At AH Square, we are a team of professionals dedicated to guiding you through the process of launching and scaling your business on Noon Marketplace. Our goal is to provide you with a clear roadmap, investment insights, and essential tips to ensure your success.

Roadmap for Noon Marketplace

Launching your store on Noon Marketplace involves several key steps. This roadmap will cover:

• Types of Models
• Investment Breakdown
• Steps to Launch
• Tips and Tricks
• Time Frame

1. Types of Models

Noon Marketplace offers various business models to suit different needs:

• White Labeling (Individual Account): Ideal for entrepreneurs looking to sell products under their own brand. You start with an individual account and can later upgrade as needed.
• Private Label (Business Account): Suitable for those who want to create and sell products under their own brand with a business account for greater scalability.
• Noon Mall (Premium Storefront): Requires additional qualifications like trademarks and meets specific criteria, providing premium visibility and access to a broader audience.

2. Investment Breakdown

Understanding the financial requirements is crucial for planning:

• Initial Investment: Approximately 100k per product, which includes:
  • Testing Inventory Cost (50-60%): Initial inventory for testing and small-scale orders.
  • Bleeding Cost (20-30%): Marketing and promotional expenses.
  • Other Costs (10%): Miscellaneous expenses including account setup and fees.
• Long-term Investment: To scale and grow your store, a total investment of around 350k-450k is required, depending on your strategy and number of products.

3. Steps to Launch

Follow these steps to successfully set up your Noon Marketplace store:

• Product Research: Conduct thorough research to identify profitable products. Analyze market trends and customer demand.
• Product Sourcing: Source your products from reliable suppliers, either online or physically.
• Account Setup: Open a Noon Marketplace seller account with all necessary documentation.
• Brand Development: Design a professional logo, and create high-quality product images.
• Keyword Optimization: Research and integrate relevant keywords for better visibility.
• Product Listing: Create detailed and SEO-friendly product listings.
• Product Ranking: Implement strategies to improve your product’s ranking.
• Performance Monitoring: Track performance metrics, manage customer responses, and ensure timely shipping.

4. Tips and Tricks

With our extensive experience in the Noon Marketplace, here are some valuable tips:

• Focus on Product Research: Invest time in identifying high-demand products and understanding the competition.
• Avoid Rushing: Take a methodical approach to ensure thorough research and preparation.
• Maintain a High Scorecard: Aim for a scorecard of 90% or higher to enhance your store’s credibility.
• Prompt Customer Service: Respond to customer inquiries and issues in a timely manner.
• Efficient Order Fulfillment: Aim to ship orders within 24 hours to enhance customer satisfaction.
• Invest in Quality Branding: Professional photography and logo design are crucial for standing out in the marketplace.
• Start Small and Scale: Begin with a few products and expand as you gain traction and experience.

5. Time Frame

Here’s a general timeline for launching and growing your store on Noon Marketplace:

• Initial Setup and Product Launch: Allow 2–3 months for your first product to gain visibility and start generating revenue.
• Scaling Your Business: Plan for 6-8 months to launch multiple products and achieve significant revenue growth.
• Noon Mall Conversion: For upgrading to Noon Mall, anticipate an additional 4–6 months to meet all requirements.

Evergreen Business on Noon Marketplace

For those looking to build a sustainable business on Noon Marketplace, here’s what you need to know:

• Initial Investment: Approximately 70k.
• Long-term Investment: Between 250k-300k, depending on your business plan.

Breakdown of Investment

• First Inventory Charges: For testing purposes (30-50 pieces).
• Brand Development Costs: Including logo design, photography, and editing.
• Marketing Expenses: For flyers and promotional activities.
• Ranking Costs: To achieve initial product visibility.

Steps to Follow

• Product Research and Analysis: 12-15 days for thorough research.
• Sourcing Products: 4-5 days, preferably locally.
• Account Creation: 4-5 working days for account setup and verification.
• Shipping and Preparation: 5-7 days for shipping to warehouse, during which time you should prepare product listings.
• Listing and QC Approval: 3-4 working days for product listing and quality checks.
• Product Ranking: Up to 30 days depending on competition.

Scaling Strategy

• Test and Scale: Start with 3-5 tested products, maintaining a 100% scorecard and on-time shipping rate.

Key Metrics to Monitor

• On-Time Shipping Rate
• Return Rate
• Cancellation Rate
• Response Rate
• Product Ratings