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The FMCG retail market in the Middle East has been left untouched for decades in terms of advanced innovation. E-commerce itself in the MENA region, is still behind the western and eastern efficiency and customer experience. One of the most popular e-commerce platforms among the Arab countries is Noon and Souq, yet in Dubai, Noon is very limited compared to options in Amazon or Alibaba.
Additionally, customer experience in the current Middle Eastern e-commerce platforms is behind European and American customer experience. Considering that in the modern tech age, customer experience is seen as the number one priority action when dealing in consumer markets.
Dubai based RNR Group working in management consulting, procurement consulting and medical equipment trading, after a successful 2020 business year completion is now expanding into the retail industry with a unique marketplace solution to solve most important issues in the FMCG retail sector using technology edge.
The group is now looking to take the business to higher heights and provide consumers and businesses more efficient market access to FMCG goods with the help of advanced technology to improve business efficiency and customer satisfaction. RNR Group is bringing FMCG goods manufacturers and product producers from different countries around the world into one platform. The group has a vision to build number 1 FMCG trading online marketplace with easy entry to the Middle Eastern markets.
The Middle East is known as the center of the world for trade business since many years ago, the Persian Gulf was the connector for international trade. Now in 2021, RNR Group wants to bring the best of the Middle East to the digital age by providing the right tools to businesses to utilize in their local markets, and most importantly linking local markets with international supply.
RNR Group will be launching a unique online FMCG focused marketplace for the Middle East market to conduct trade business efficiency at ease, with professional and supportive customer support, improved and faster logistics and professionally supervised transactions between purchasers and suppliers.
“Our mission is to develop one unique platform to empower companies in the Middle East to cross-sell between nearby regions and even continents. We want to digitize the general trading sector with extraordinary features such as secure payments and legal supervision. We are not building a simple online shop to sell goods online, instead we enable companies to do multi-million and multi-billion dollar size deals and transactions in international space while providing extensive support in payment supervision and legal department.” – says Swapnadip Roy, CEO of RNR Group.
“RNR Group has a vision of being a leader in the international trade industry to support businesses globally by switching very difficult processes into simplified trade models. General trading industry has not been innovated for a very long time now, and today with available technology we are able to improve trading models and predict various outcomes with the help of analytics and data. We are planning to utilize blockchain technology enabling maximum security and transparency to all dealing parties involved.” – adds Paulius Stankevicius, CFO of RNR Group.
Trade industry is the one which has always struggled with payment methods and trust. RNR Group has a goal to simplify the way trade is being done and processed.
Currently in the local MENA market there are no platforms enabling large trade deals with payment supervision apart from escrow services which are not too much favored today. RNR Group is building a platform which protects the purchaser, verifies the supplier and protects and supervises the transaction happening between the purchaser and supplier.
Articles under ‘Fortune India Exchange’ are either advertorials or advertisements. Fortune India’s edit team or journalists are not involved in writing or producing these pieces.
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