E Commerce Trends In Malaysia
Overall covid 19 can have a significant impact on e commerce especially the buying behaviour of malaysians.
E commerce trends in malaysia. The positive growth of the ecommerce industry in malaysia will also be driven by the government s national e commerce strategic roadmap initiatives that strive to increase internet accessibility to rural areas and improve e wallets technologies. Payment methods will become more digital. Referdiscounts on january 10th 2018 12 53pm. Insights and trends of e commerce in malaysia market analysis one of the most dynamic countries online in southeast asia malaysia is a very attractive market for e commerce.
You must get along with your preparations for q4 with the following. Customers are willing to shop in new products categories. Malaysia s e commerce market goes from strength to strength. The estimated monthly traffic from the top 10 e commerce websites shows the domination of shopee and lazada over the malaysian market with about 20 million visitors per month respectively.
The ecommerce market encompasses the sale of physical goods via a digital channel to a private end user b2c. The pack of followers stands in the range of 400 000 to 4 million visitors per month. Rather known as the super shopping day singles day and double 12 are the significant sale driving days. Revenue in the ecommerce market is projected to reach us 4 455m in 2020.
Ecommerce trends consumer behaviour in malaysia. Integrate your stores with the highest selling marketplaces in malaysia. A middle income country with a digital population of more than 20 million people malaysia attracts appetites both from local and global companies interested in grabbing a share of its e commerce market. Express delivery will become the norm.
E commerce in malaysia is said to rake most of its revenue during these mega ecommerce days. Glad to read this ecommerce trends post. Customers will look beyond price. With many e commerce platforms available in malaysia below are the top 10 e commerce sites in malaysia that are worth to note.
Malaysia s top e commerce websites compared by estimated traffic. The e commerce trends would really help all the cross border e commerce industry people do business globally surviving the global e commerce competition. Online shopping is poised to keep on growing. 1 overall economic growth in the country is broadly positive but the combination of slowing external demand and easing fixed.
Asean up report top 10 ecommerce sites in malaysia 2019 may 2019. Entertainment meets e commerce live starting a new trend for the future of online selling.