Expanding Retail Reach الماجد للعود has successfully transitioned from primarily wholesale to retail, establishing over 260 sales platforms across Saudi Arabia and the Gulf. This broad distribution network presents opportunities to partner with the company for exclusive or new product launches, leveraging their retail presence to boost sales.
Brand Legacy and Loyalty With over 60 years of experience and a well-established brand in the Gulf region, الماجد للعود enjoys strong customer loyalty and brand recognition. Sales efforts can focus on premium and high-margin product lines, targeting their loyal customer base and capitalizing on their market reputation.
Digital Engagement The company's utilization of digital tools like WhatsApp Business, live chat, and a sophisticated tech stack indicates an active online customer engagement strategy. This creates opportunities for digital marketing collaborations, personalized offers, and online sales channels to further increase revenue.
Market Competitiveness Competing with companies such as Abdul Samad Al Qurashi and Ajmal Perfumes in a lucrative market, الماجد للعود has potential to expand into new fragrance segments or exclusive lines, appealing to diverse customer preferences and increasing market share.
Growth Opportunities With a revenue range of 25 to 50 million USD and a sizable workforce, there is scope for expanding product lines or entering new regional markets. Partnerships or B2B collaborations with suppliers or luxury brands could further drive growth and reinforce their position as a leading perfume retailer.