Blue Ocean Global Group, a Dubai-based diversified business conglomerate that represents some of the world’s best-performing telecom, electronics and small domestic appliances as master distributors, has set up marketplace on Amazon.co.uk to distribute products online to British consumers as the market gears up for post-Brexit take off.
Effective March 2020, Blue Ocean Group UK will start rolling out products through Amazon.co.uk platform.
The Dubai-headquartered distributor of consumer electronics, telecom and small domestic appliances set up its UK operations last year with a registered office at Bathroad, Heathrow. This is a strategic move by the Blue Ocean Global Group to tap the growing opportunities in the United Kingdom as it leaves the European Union this year.
It has also recently appointed a British online logistics partner to sell and distribute to the British consumers.
According to reports, UK consumers would have spent £106.46 billion ($141.93 billion) online in 2019, a 10.9 per cent growth over 2018. This makes up 22.3 per cent of all retail spend, a proportion that will reach 27.9 per cent in 2023.
Announcing the operations tie-up with Amazon UK, Shahzad Ahmed, Chairman and Chief Executive Officer of Blue Ocean Group, said, “I am pleased to announce the new operation with Amazon UK retail network that will help us to distribute our brands to British customers as we see a great opportunity for our business in the United Kingdom following the Brexit.
“This partnership paves the way for us to formally start our commercial operations and reach millions of British consumers through Amazon UK’s online platform. This makes us among the first UAE distributor to enter the UK’s growing distribution, logistics and retail market.
“As the global market shifts from brick-and-morter shops to digital, we see greater opportunities in online distribution channels. Following our tie-up with Amazon UK, we will expand our distribution through other established players in the UK.”
This makes Blue Ocean Global Group among the first UAE distributor to enter the UK market ahead of the Brexit deal and puts the distributor in a comfortable position to support the local distribution market in the UK with their expertise in the Middle East Region.
Bilateral trade between UK and the UAE in 2017 grew 12.3 per cent to £17.5 billion, compared to 2016. Two-way trade between UK and the UAE is expected to reach £25 billion by 2020, according to reports. The UAE is the UK’s 18th largest trading partner, 14th largest export market and 20th largest import market.
Blue Ocean Global Group’s foray into the United Kingdom will help it to market and distribute UAE’s home-grown products in the UK market and help UAE exports to the United Kingdom to grow faster.
Consumer electronics market in the UK is expected to reach $21.27 billion (£16.74 billion) in 2020, according to research reports. This provides a golden opportunity for UAE businesses to tap new markets and help their businesses grow.
Blue Ocean Global Group exports products to more than 40 countries with a team of more than 60 professionals.
The company recently appointed Paul Algeri as head of its UK operations to kick-start the commercial operations. It is starting commercial operations by channelling Gigaset products online to be followed by other major brands Blue Ocean Global represents.
Paul Algeri, Head of Blue Ocean Group’s UK operations, said: “We are planning to add more brands to our distribution portfolio and will see at least 5-8 brands in our distribution list, including our own leather fashion accessories brand Flying Fossil.
“In our first year of operation, we are targeting to achieve around £1 million sale. We want to develop the business smoothly and efficiently. We want to offer greater value for money to the British consumers and help brands establish themselves in the UK market through us.
“Following the Brexit, we see more opportunities in the UK consumer market which is expected to grow in the years to come. That way, we are lucky to enter in the UK market at the right time.”
The group is managed by a professional team, having extensive regional experience in the field of technology and communication. Technology is ever changing. The company ensures that it keeps updating products portfolio to make sure that the clients get the best brands and the latest technologies. The company has partnered with some of the world's best names that allow it to offer a wide range of products portfolio at the best possible value. -- Tradearabia News Service