6 successful business ideas in Saudi Arabia to implement in 2023

 It is known that trade is one of the professions practiced by man since ancient times, which is becoming more important day by day, especially in the Kingdom of Saudi Arabia at the present time, as man’s needs are endless, and he always needs to buy products for all aspects of his life.

Trade is famous for its high profit and great importance, as it is a basic pillar in the economies of countries. As for people, there is no more famous model in the world of wealth than the fame of a successful trader.

Therefore, if you are looking for a profitable source of income or looking for free independent projects, trade will be the most important of these sources of profit, and since business ideas differ from place to place, we will explain in this article a package of successful commercial projects in Saudi Arabia that suit different groups.

1. Auto parts trading project

The Saudi people are famous for their fondness for cars, especially modern ones, and many of them own many different cars, so the auto parts market is one of the most important commercial markets in the Kingdom of Saudi Arabia.

In this project, it is possible to specialize in selling spare parts for a specific type of car, such as Ford cars, for example, as they are among the most common types of cars in the Kingdom of Saudi Arabia.

To start this project, you first need to study the auto parts market in Saudi Arabia, the most demanded parts in the market, and the famous places where this trade is popular.

The auto parts that the Saudi market may need include many commodities such as car interior accessories, pumps and taps for motors, and electrical parts such as car lanterns, and so on.

These commodities can be obtained in more than one way, as you can buy in bulk from well-known import companies in Saudi Arabia, or you can import yourself from abroad, and you can also rely on joint cooperation between you and the shops and companies working in the same field.

In general, starting this successful business requires several basic factors, as follows:

1) A suitable store: It is preferable that the area of the store not be less than about 80 meters, with its division into two halves, one for storing goods and the other for display in front of customers and dealing with them.

2) Store decorations: It is obvious to choose decorations and paint colors for the walls that are suitable for cars, and a number of shelves must be placed to display the goods.

3) Goods: The store must include the most important auto parts of the types that are widespread in Saudi Arabia, and it is preferable to search for parts that are in high demand, but are not widely available in competing stores.

4) A computer: Although it is not essential in preparing the shop, it is very useful for recording sales and knowing the inventory of goods, with the installation of accounting programs that help in the procedures of calculations.

5) Required employment: The shop needs a person with a great knowledge background in the automotive world, in order to be able to understand the customer and find alternatives if the customer needs goods that are not available in the store.

6) Marketing: Like any commercial project, attention must be paid to the marketing aspect and the use of various marketing methods to make the shop a success.

Read also: 4 ideas to increase shop sales

2. Plastics export project

Plastics or polymers are industrial materials that are easy to form, and they are used in many industries, such as water bottles or packing containers in various forms, which is what people need permanently.

The Kingdom of Saudi Arabia is one of the largest exporters of plastics, and the Saudi General Authority for Statistics indicated that the volume of Saudi exports of plastics reached 84 billion Saudis in 2018, in just 13 months.

The authority also indicated that there are more than a thousand plastic factories inside the Kingdom of Saudi Arabia, so the project to buy these plastics from their factories and then export them to foreign companies outside the country is one of the most important successful commercial projects in Saudi Arabia now.

The Saudi government has taken care of the export movement within the Kingdom, so it has provided a complete guide for those wishing to export from within the Kingdom of Saudi Arabia to abroad.

As for what you need to implement this project, which is considered an export company, it is as follows:

1) Establishing your company for export: You have to choose a suitable location for the company with decorations suitable for the project, in addition to extracting the official papers required by the Saudi government to establish the company, such as the tax register, the commercial register, and so on.

2) Agreement with plastics factories: You communicate with the factories that produce these products, and then negotiate with them the appropriate prices, and find out the extent of their ability to meet your needs for commodities.

3) Marketing goods abroad: You communicate with companies and factories outside the country, who are known to need these goods, to reach an appropriate agreement with them.

4) Preparing shipments: After obtaining requests for the product from foreign importing companies, start preparing the required quantity, preparing it, and transporting it to the port to start its journey to the importing company.

5) Completion of the export process: Export operations are carried out through Saudi ports, especially the port of Jubail, and in order to be able to complete the shipment to the importing company and its arrival to the company in a safe and legal manner, you must follow the following:

Issuance of certificate of origin.

Obtaining additional approvals for export.

Proof of payment of the legally required value.

Proof of insurance for the shipment sent.

Reservation for shipment.

Loading the shipment.

Obtain a shipment manifest from the shipping agent.

Submission of documents to the customs broker.

Customs clearance receipt.

Send shipping documents to the buyer.

Also read: Small business ideas in Saudi Arabia (easy to implement and profitable)

3. Coffee or coffee trading project

Coffee is one of the most famous and important drinks in the whole world, and Arabic coffee is distinguished from other types known worldwide

No, so the coffee trade project is one of the most important successful commercial projects in Saudi Arabia.

This project needs a detailed feasibility study to calculate the cost of this project, its expected profits, and its success rate. In this project, it is possible to combine the trade of ground coffee with the provision of various coffee drinks in order to increase profit.

The coffee or coffee trade project is characterized as one of the fast-profit projects, as it is possible to start profiting from it within a short period of its opening, and it is also characterized by the fact that it does not require a large cost in the beginning, nor does it require a large number of manpower.

The success of the coffee and coffee business depends on many factors, such as choosing the right place, good marketing, and many requirements, which are as follows:

1) A suitable place: The project needs a place with a suitable area for roasting, wrapping and selling coffee, so the area of the place must not be less than 20 square meters, and this place must be chosen in a location crowded with people, such as commercial areas, for example, or the place can be chosen near a university or A commercial mall or near a tourist area where people flock.

2) The name of the project: The name here plays an important role in attracting customers to the shop.

3) Decorations of the place: The importance of the shop’s decorations is no less important than the importance of the name, so you must choose decorations that express coffee, such as anthropomorphic drawings of a coffee cup, or depicting the steam coming out of the coffee cup in the form of musical tones, and it is preferable to include the brown color in these decorations to add some luxury that Coffee fit.

4) Coffee Roaster: A medium roaster can be chosen to reduce the cost, as the prices of roasting machines range from 350 to 2500 Saudi riyals, but consideration must be given to choosing the appropriate size for the project, taking into account its ability to roast coffee in varying degrees to meet all needs.

5) Coffee grinder: Different types and sizes of coffee grinders are available in the market, and they can be bought used at a lower cost than modern ones. However, what matters is the size of the grinder and its ability to grind varying degrees, from fine Turkish coffee to coarse filter coffee and the degrees of coffee grinding between them.

6) Coffee packaging machine and packaging bags: It is preferable to design packing bags bearing the name of your project to add, or at least put labels bearing the name of the project on those bags, and then compress and seal them with the packaging machine, and they are usually medium in price.

7) Coffee machines: It is preferable to provide an espresso machine, a Nescafe machine, and an American coffee machine along with Turkish and Arabic coffee machines, in order to serve a coffee drink to passers-by or customers who want to try coffee in your project.

8) Manpower: The project does not need a large number of workers, but the project can be started with only two workers. One of them specializes in roasting and grinding coffee, and the other is responsible for dealing with customers and selling to them. It is preferable to choose workers with experience in the world of coffee to provide exactly what customers need.

9) Marketing: Marketing is one of the most important factors for the success of any project. In this project, both traditional marketing and electronic marketing must be relied upon to ensure success. It is also preferable for the project marketer to have experience in the world of coffee.

Also read: Steps to obtain a commercial registration in Saudi Arabia electronically

4. Men's clothing sale project

Men in Saudi Arabia are very interested in their clothes, as men's clothing in Saudi Arabia is a manifestation of the authentic Arab identity, so the Saudi man cares about all the details of his clothes with all its pieces, such as the shemagh, the ghutra, the headband, etc., which is reflected in the prestige and grooming of the man.

The men of the Kingdom also need some modern clothes, such as pants, T-shirts, sportswear, or clothes suitable for home, such as pajamas, trenches, etc., which makes the men's clothing market in Saudi Arabia open, diversified, and profitable.

Although the men's clothing trade is popular most days, there are seasons when the demand for this market increases, such as holidays, for example, or important football matches if you sell sportswear.

One of the most important things to keep in mind when starting this project is; The decision to localize this sector, which necessitates the selection of the necessary labor for the project from Saudis and not foreigners.

To start this business, he needs the following requirements:

1) Shop: It is preferable to choose the shop in a populated area or in the middle of a commercial area, and it is preferable that its location be visible to customers, such as on a main street.

As for the area, 40 meters is a medium and suitable area that can be increased or decreased. It is also possible to choose a two-storey store or divide the store into separate sections, each of which is specialized in a specific type of men's clothing.

2) Metal or wooden shelves: A group of high shelves are placed in the store to store clothes, and each shelf is allocated for specific clothes so that the seller can easily access them when customers request them.

3) Glass facade: It is preferable to place a glass facade of a safe type to display clothes inside in a way that attracts customers, with lamps inside for lighting at night.

4) Stands and mannequins: It is preferable to display fashion clothes in a variety of ways, including displaying them on a mannequin, or hanging them on stands and stands using clothes hangers for customers to choose from.

5) Office and computer: the office is for the shop manager or for the person concerned with receiving the price of the sold goods and then recording the sales on the computer on one of the accounting programs to follow up on the shop’s profits. It is also possible to store the sold goods and the goods in the shop to facilitate the inventory process or ordering new goods.

6) Fitting rooms: Any clothing store needs a room designated for customers to try on clothes before purchasing them. Two or three rooms can be made using wooden planks inside the shop and covered with curtains or closed with doors, with large mirrors provided inside each fitting room.

7) Uncle

The required machine: The clothing store does not require a large number of workers, but only two are sufficient if the shop is small or medium, but if the shop is large or consists of two floors, the shop may need more workers.

8) Goods: Wholesale markets in Saudi Arabia can be relied upon to obtain goods for the shop, and clothes can be imported from China or from any other country.

9) Marketing: Marketing plays a big role in the success of this project, and here we mean marketing in all its meanings, starting from choosing the name of the shop and making a good visual identity for it to using different advertising methods and using electronic marketing as well.

Also read: The best ways to invest in Saudi Arabia (to double your money easily)

5. Supermarket project

The opening of a supermarket to sell foodstuffs and consumer goods is one of the top 10 successful business projects in Saudi Arabia, and due to the profitability of this project, it is spread throughout the Kingdom, and therefore it is subject to strong competition.

But this competition can be overcome by choosing a densely populated location with few supermarkets available. You can also overcome this by studying competitors well and providing products that they did not provide, which guarantees you the ability to compete.

Care must also be taken to provide all the goods that the customer may need at all times, because if the customer requests a specific commodity and does not find it, he will immediately go to another supermarket, and he may continue to buy from this supermarket without returning again.

In order to ensure the success of the supermarket project, it is preferable to consider the following:

Choosing a suitable place in a crowded area that needs your service, taking into account choosing a shop with a suitable area.

Providing all food and consumer commodities related to groceries, dairy products, vegetables, baby products, and so on.

Place an appropriate stock of goods permanently so that you are not surprised that a specific commodity that a customer requests has run out.

Keeping track of the expiration date of canned foodstuffs, so as not to sell an expired product to the customer, which causes the supermarket to have a problem and loses customer confidence.

Employing sales specialists to deal with customers in a decent and professional manner… with an interest in developing their sales skills permanently.

Making offers of discounts on goods continuously and selling at a competitive price to neighboring stores.

Paying attention to permanent marketing, whether traditional or electronic marketing, and following an integrated marketing plan.

Study the area well, whether in terms of the population, their needs and preferences in purchasing, or in terms of competitors, their prices, and the goods available to them.

Paying attention to the methods of displaying and arranging goods in the shop and the methods of storing them.

Installing surveillance cameras to ensure the security of the shop and customers.

Searching for permanent suppliers at wholesale prices for various commodities.

Also read: Remote work in Saudi Arabia (Saudis’ guide to remote work)

6. Dates sale project

The date trade is of great importance in the Kingdom of Saudi Arabia, due to the close association of dates with the honorable Sunnah of the Prophet, and the Kingdom’s fame for the quality of its dates, which made the date trade one of the best successful business ideas in Saudi Arabia.

The date trade is widely promoted during Islamic seasons, such as the month of Ramadan, the month of Rajab or Sha’ban for Umrah performers, or the Hajj season.

One of the advantages of the dates trading project is that there are well-known markets for selling dates and places famous for this activity. The location of the project can be chosen in one of these places due to the large number of customers there and their desire to try different types of dates.

However, this matter requires that the seller have reasonable experience in this wide world in order to be able to understand the needs of customers and convince them of his different types.

The sale of dates is not limited to customers who go to the date markets, but it is possible to add the service of home delivery of dishes for sale to the residents adjacent to the store.

In order to increase the volume of sales, an online store can be created on Shopify to sell dates online to display the existing types of dates, communicate with customers through it, and offer some special offers to customers, in order to benefit from all types of marketing.

The date selling project requires some requirements and tools, which are summarized as follows:

A shop in a populated place or in a place known to be in vogue for the dates trade.

Shop equipment with decorations commensurate with dates, such as drawings of dates with coffee.

Large wooden tables to display various types of dates to customers.

Wooden shelves for storing dates and bags.

An accurate electronic scale for weighing dates for customers.

Pressing and wrapping machine for packaging sold date boxes.

Bags and boxes to put the sold dates in.

A computer with accounting software installed to calculate profits and sales.

Air conditioners to scare the heat on customers and employees.

Large refrigerators and freezers to store dates that need to be kept at cool temperatures.

A large refrigerator to display dates that are kept at cool temperatures.

An internal storage room for storing types of dates and dates that are kept in dry places.

Storage requirements in which dates and dates are preserved.

Mobile and fixed iron bases.

Also read: All you need to know about mada cards (a short guide)

Here we end the article after we provided a detailed presentation of a group of successful commercial projects in Saudi Arabia that suit different groups among the Saudi people.

This is where we differentiate between small projects that do not need a large capital and projects that require capital to some extent, and we also diversify ideas to suit different interests as well.

At the end of the article, we note that obtaining the necessary government licenses for each of these projects is no less important than all of what has been mentioned, so please refer to the competent authorities in each of them.

We hope that you liked the article and inspired you with some ideas that may change your working life for the better, and we are pleased to receive your comments and inquiries at the bottom of the article.