With Dubai’s surge in freelancers and SME’s, the city is booming with service-orientated companies, offering a plethora of service’s ranging from coaching, photography, even pet-grooming. So, is Dubai’s service market already maxed out, or are there still opportunities for new entrants into the market?
Spoiled for choice…
Whether you have a simple food craving, or suddenly remember you need to send flowers for your anniversary, you can be assured that somebody can accommodate your needs if you have the persistence to browse through, what sometimes feels like endless service providers for the same product, this is where things become a mini-adventure.
Now, options are great, providing the ability to compare, haggle, or even try alternatives, but does Dubai have too many choices?
It is safe to say, Dubai’s demand for service providers is immense, catering for a melting-pot of diverse cultures and trying to satisfy countless preferences. Whilst some enlist services for their household chores such as maids, others will outsource their dry-cleaning, these two services alone, combined with the volume of demand, justifies the endless companies in Dubai offering these services.
With so many providers in the market, competition intensifies, playing directly into the hands of the consumers, benefiting from favourable prices and alternative options. However, competition can also be the downfall of service providers, sometimes to the extent of closing down, this is naturally followed by new players entering the market, and this cycle goes on.
Love it or hate it, there are a lot of service options available, but is that really a bad thing? It gives us the reassurance that we are never short of choices at our disposal to meet our requirements… now we just need a way to filter them more efficiently.
Room for more…
As mentioned, Dubai is home to such diversity, with constantly shifting demands, this month’s sought-after services may not be the same as the next, so there will always be a window of opportunity for new entrants into the market.
The service market, just as any other, constantly evolves, with technological and innovative advances, making services more efficient, cheaper, environmentally friendly, or simply improves the user experience.
The great thing about Dubai is the inclusion of influences from around the world and the forward-think stance to bring fresh and exciting new services to the city, continuously launching new additions to the service market, you never know what’s around the corner.
So, to put it simply, yes, we are spoiled for choice in Dubai, but it is absolutely justifiable. With so many individual needs, there can never be a generic service catering for all, everybody exercises their demand for a tailored service, and if there is a profit to be had, then service providers are sure to accommodate that need.
Feedni has heard your frustrations over browsing endlessly through service providers, we have understood your dilemma, and we have taken action to simplify your service needs. We are already underway in developing the next-generation service market platform, we will overcome existing obstacles and take the sting out of lengthy provider lists, offering only the best providers, with full transparency through genuine customer reviews, and an innovative CRM to manage your services.
Not long to wait now, in the meantime, you can browse our market insight articles and follow us on Instagram @feedni_app for updates and news on our upcoming platform.
An article by Gautam Gajjar.