Malaysia Ecommerce Landscape | Explained in a Nutshell
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Malaysia eCommerce Landscape | Explained in a Nutshell eCommerce Revenue is projected to grow at a rate of 11% till 2023 in Malaysia. Discover more what Malaysia eCommerce Landscape unfolds! Malaysia being the eCommerce powerhouse of Southeast Asia, is driving substantial monetary benefits to the online retailers out there. How about happy customers coming back and ranting about your products to their family and friends? You surely won’t like to settle down with setting up an eCommerce store. Isn’t there a lot more to do? Well, how about to start with the greatest eCommerce players in Malaysia? Marketplaces – NEW Traffic Booster The online penetration in Malaysia forecasted to reach 63.5% by 2023. You must not miss on getting along with the best online selling websites in Malaysia. You must know that some regional, national, and global eCommerce players of Malaysia are already leveraging their Lion’s share. The Malaysia eCommerce Landscape provides a vivacious economy, which is a huge success factor even for SMEs. Giving more power to WooCommerce Sellers, CedCommerce enables retailers to outreach their products’ in the SEA market. WooCommerce Shopee Integration is now live on Official WooCommerce Marketplace These top online selling websites in Malaysia, a.k.a the marketplaces tend to drive numerous visitors every second. Below are the traffic rates (assessed on Malaysian domain) of the most popular 1 of 6 Marketplaces of Malaysia sourced from SimilarWeb. Marketplace Population Lazada 18.71M Shopee 26.49M PrestoMall 348.04K Zalora 1.29M Hermo 494.03K Qoo10 357.03K How to Sell Online in Malaysia? Millennials love to shop on marketplaces (Shopee, Lazada, Lelong, Qoo10, and more). This is because of its brand value, and name in the eCommerce market. That being said, there’s no denying the fact that to sell online in Malaysia will bring you 10x profit than selling on your store. Besides, with such splendid integration extensions helping you sell seamlessly across multiple online platforms such as Shopee, Lazada, Lelong, Qoo10, and more, one must not lose to sell online in Malaysia marketplaces. Looking after everything from your inventory, stock management, product listings, bulk upload of SKUs to handling the billing administrations. The integration plugins help you automate your store in every possible way and sell seamlessly across Southeast Asia and beyond. More is always better! whether you want to begin or even if you are already selling in Southeast Asia, you can go multichannel and sell your products on different affluent marketplaces of Southeast Asia in a more centralized way. Malaysia eCommerce Landscape- Explained Better! All Copyright © reserved to CedCommerce 2021 2 of 6 All Copyright © reserved to CedCommerce 2021 3 of 6 Pain Points — Solutions Pain-Point: Inventory Synchronization Malaysia eCommerce Landscape offers lucrative Online Selling Platforms. While selling on Lazada, Shopee, Qoo10, Lelong, and more such giant marketplaces managing inventory across all your sales channels is a cumbersome task. The incorrect stock handling results in price cuts. Thus, impacting the profits. The stock is said to be the single biggest asset and consumer of cash. Solution: Real-time Stock Management While the pacing Malaysia eCommerce Landscape, making your inventory available across all channels is a must. Every time you sell an item, updating the stock level in real-time is a must. Connect your stores to Shopee, Lazada, Qoo10, Lelong, Zalora, and more with your web store and make all your stock available everywhere at once. Link all your inventory together, so whenever any sale is made, your stocks are updates automatically and reflected everywhere. Instantly link your stock by SKU and update or create CSV in bulk. Hence, restraining manual entry. Pain-Point: Order Mismanagement Online Shopping in Malaysia is growing profoundly. 59% of shoppers shop once a month. If you are selling from multiple platforms, managing bulk orders, in turn, becomes cumbersome. The chances of orders being left-out or delay and mismanagement might take place mostly in the festive seasons. Solution: Monitorized Order Management If you glitch on the customer orders, there is no escape other than ruining your eCommerce Store yourself. However, to cope up with these situations, you need to have overall monitored management of order received through different platforms. All Copyright © reserved to CedCommerce 2021 4 of 6 With dedicated integration extensions, you can maintain the order-flow, and rest be assured to automate and manage your orders way effectively. To Sum Up…Multichannel selling made easy in Malaysia! When Online Shopping in Malaysia shows no sign of slowing down. There is no best time to register on online selling websites in Malaysia than now. Connect your web stores with the top-selling eCommerce marketplaces. Start earning even more through our integration extensions- Never miss any sale Optimize your time Say bye to overselling Get more happy customers Sync all your eCommerce related activities at one place Are you ready to transform your online business into the next BIG thing? Do mention below & We would love to help you out! Cover what is left out through these: Top eCommerce sites in Malaysia! Why Should You Start Selling in ASEAN? How to Win eCommerce in Malaysia? Why Singles Day is Best Bargain to Mind-Blowing Sales? All Copyright © reserved to CedCommerce 2021 5 of 6 Contact Us Have a query? Let us know more about it. Here’s how you can reach out to us. Connect with the Sales & Support Team [email protected] Connect with the Marketing Team [email protected] Want us to call you ? Raise a Ticket (24*7) India HeadQuarter USA Sales and Marketing Add us on Skype (+91) -7234976892 888-882-0953 live:support_35785 Visit Us At USA UK Portland, Oregon Leicester, Leicestershire CedCommerce Inc, 1812 N Columbia Blvd, Suite C15- 3rd Floor, St. George' s House, 6 St George' s Way, 653026, Portland, Oregon, 97217 Leicester, Leicestershire, LE1 1QZ India Malaysia Lucknow, UP Selangor Darul Ehsan 3/460, First Floor, Vishwas Khand, Gomti Nagar, Lucknow, Suite 20-01 & 20-02B, Level 20, The Persiaran Lagoon Uttar Pradesh 226010 Bandar Sunway, Subang Jaya Selangor Darul Ehsan 47500 All Copyright © reserved to CedCommerce 2021 6 of 6.