How to start ecommerce business?
Reasons of why you should start your E-commerce business
1. Growing trend of E-commerce
With 1 of the highest internet penetrations in Southeast Asia at 85.7% and mobile penetration at almost 140%, Malaysia has become 1 of the fastest growing emerging e-commerce emerging markets in the region. This means that you will have a lot of opportunities to profit from this growing trend.
2. The ability to earn as you sleep.
For brick-and-mortar businesses, location is of primary importance. It can make a huge difference in terms of visibility and sales. However, for e-Commerce, you can just set up a storefront at your own domain name and sell your products to everywhere you want. You don't need multiple storefronts to be seen across the entire world. Besides, due to different time zone for each country, your customers might purchase your product during your sleeping time.
3. Ease of entry
There are virtually no barriers that are preventing you from starting an online business. All you need is just a website, and you can add new resources from there if you need them. Unlike in the old days, you needed a store, a competent work staff, and plenty of inventory to run the business. Today, you don’t even need to have one item, you can get started with your e-Commerce based on an idea or a service that you can provide to people across the world. There is nobody holding you back from taking benefit of the internet and making profit today!
How to Start Your Ecommerce Business
- Register a domain name & web hosting
- Get your custom ecommerce website or ready made online store
- Apply online merchant account (ipay88 or eGHL)
- Start SEO / Digital marketing to promote your ecommerce website
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