Showing posts with label electronic. Show all posts

11street Upgrade Revolution For SME | Micro Social Influencers | Shoppers



11street (www.11street.my), one of the leading online marketplaces in Malaysia, is seeing a new revolution that will further enhance the user shopping experience and make significant contributions to the digital economy in Malaysia. This transformation comes on the heels of a strategic partnership between 11street and PUC Ventures Sdn Bhd. This partnership aims to tap into a broader digital world with the ease of integration and interoperability across platforms that cater to the country’s growing e-commerce sector.


Over the years, the Malaysian digital economy has witnessed an exponential growth with a total of 25 million internet users out of a 32 million total population.  Presently, there are 15.2 million online shoppers in Malaysia who spend an average of RM321.15 annually. However, the online shopping user penetration rate is expected to rise from 51.4% in 2018 to 63.0% in 2022. To add to that, the e-commerce industry revenue is expected to show a compound annual growth rate (CAGR 2018 - 2022) of 17.9%, resulting in a market volume of over a trillion by 2022.

CEO of 11street, CHEONG Chia Chou said: “As everything in our world becomes digitalised, there is a need for a stronger e-commerce ecosystem where a customer’s physical digital journey can be fully integrated. Businesses are pushed to ride the wave of this rapid industry expansion to ultimately grow their businesses at a larger scale for better profitability and presence. The online marketplace in Malaysia can certainly be expected to grow at a swift speed in the coming years and the revamped 11street is reiterating our commitment to further contributing to the digital segment in our future plans.”


Upgrading the online shopping experience is more pertinent than ever with the growing user penetration and an internet penetration of 85.7% amongst Malaysians. 11street’s goal is to create a seamless and integrated customer shopping experience as well as to emphasise business development for their sellers that will increase their capability and capacity of running their businesses. Some of 11street’s key focus areas for the near future include:

Payment Options
As we move towards the cashless payment trend in Malaysia, more and more users are preferring online transfer and credit or debit cards as a payment method when shopping online. The revamped 11street will be implementing a variety of payment options including e-wallet services such as Boost and Presto that are both seamless and convenient to use.

Shopper Experience
To better enhance the site experience and address customers’ concerns in a timely manner, 11street will be rolling out a live chat function with in-house customer service for shoppers.

Logistics
As with any online business, logistics are a crucial aspect of ensuring an ecommerce business runs smoothly. 11street aims to help their sellers enhance their business operations to improve the speed, cost and quality of their product deliveries.

Mobile App
11street will be introducing a new user-friendly mobile app with minimal hassle to make purchases with the growing array of payment options enabled within the app.  The online marketplace is also looking into setting up an influencer and celebrity store that comes with product reviews for a holistic shopper experience.

O2O Commerce
11street will also enable convenient e-voucher sales management for sellers as well as consumer-friendly and innovative methods of purchasing products online which include QR code purchases and redemption.

Official Stores
The online marketplace will also be re-launching official stores with enhanced features, look and feel to promote authenticity as well as supporting their sellers with after-sale service to draw in long-term customers.

Micro Social Influencers
This added feature will boost promotional outcomes and create an effective promotion and rewards channel for sellers and businesses by leveraging on the community of micro social influencers.

Global Trade
11street will support their sellers by taking measures to evolve into a hub for overseas buying and selling through cross border trade which will boost SME growth while introducing these sellers to a world of opportunities.


CHEONG said: “We are really looking forward to the next phase of our growth and transformation as it focuses on continuously providing more benefits to both our customers and sellers. We want our customers to have the best possible experience when shopping with us and purchasing from highly efficient and trusted merchants. We are also dedicated to providing support to local sellers through development programs and upgrades to our system that will make running their businesses even smoother. This is a significant beginning for us and we’re excited to explore and push boundaries in e-commerce to better contribute to our digital economy.”

11street is kicking off their next phase with the launch of their Sayangi Malaysia campaign that promises exclusive deals and awesome giveaways from August 6 to September 30. With the support of brands such as Abbott, Chicco, Dale & Cecil, Dettol, Mamy Poko, Mead Johnson, Nestle, Samsung, Senheng, Skechers, Super and Watsons, 11street customers can look forward to buy 1 free 1 deals and flash deals below RM61 on the online marketplace.


Shoppers also have the benefit of product discounts of up to 88% and free shipping for all. 11street is also offering customers fantastic holiday and travel deals that are not to be missed out on. Great time for mouse mommy to shop for baby’s diaper and milk powder!

Interested to know more about 11street,

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Lowest Price Guaranteed At Shopee’s Electronics Expo This 23 - 26 July 2018!


Shopee, the leading e-commerce platform in Southeast Asia and Taiwan will launch the Shopee’s Electronics Expo - Lowest Price Guaranteed (LPG), offering a series of electrifying promotions from 23 to 26 July 2018. More than 20 best-selling electronic brands will be participating including Armaggeddon, Alcatroz, honor, Mono Digital, Philips, Russell Taylors, Tefal, Vivo, Xiaomi and more. A variety of smartphones, gadgets, home appliances, computers and accessories will be up for grabs, with up to 90% off on over 1,000 electronic products. Through continuous strong collaborations with these brands, users can enjoy the lowest prices on all items with ‘Lowest Price Guaranteed’ tag and should they find the same item at another platform sold at a cheaper price, Shopee is committed to refund the 120% of the price difference in Shopee coins.


Cool! Mouse mommy is looking for an air purifier and food steamer, will check out the Lowest Price Guaranteed Shopee’s Elctronics Expo! Got to inform mouse papa too as in he is also looking for some IT gadget and Xiaomi powerbank.


"Shopee has grown tremendously in 2018 and we have partnered several top brands to expand our electronics-related categories such as Mobile & Gadgets, Computers & Laptops, and Home Appliances to bring quality products to over 10 million users. For one, our exclusive Honor 9 Lite sale sold out 1,000 units in under five minutes, proving Malaysian users' love for premium electronic products. With the Electronics Expo, Shopee aims to take another step in becoming a one-stop online shopping platform that caters to the needs and preferences of all Malaysians," said Ian Ho, Shopee's Regional Managing Director.


On 23 July, Shopee will treat users to a 24-hour electronics-only Shocking Sale offering huge discounts on tons of branded electronic products. On this day, Malaysian users can expect exciting sales to suit their electronic needs for both work and play. Those looking to refresh their computer accessories can look forward to wireless keyboards and gaming mice from Logitech, while music lovers should look out for Marshall’s noise-cancelling headphones, all of which will see attractive discounts. Dozens of other quality products will also be on sale including external drives from Seagate and various smartwatches for fitness junkies.


Aside from the Shocking Sale, users will be treated to hundreds of tech deals at LPG Tech Zone throughout the 4-day Electronics Expo. Each day, Shopee will feature two major electronic brands with a gallery of promoted products, while users can also shop from two themed sales to fulfil their electronics needs. In the “LPG Tech Zone”, more than 500 products including premium smartphones, cameras, and laptops from Xiaomi, Huawei, honor, ASUS, and several other top brands will be going at lowest guaranteed prices. Users looking for nifty home appliances can check out the “Everything for Your Home” sale during the Expo for attractive promotions on products from Philips, Senheng, Tefal, Midea, and more. To save even more, users can redeem vouchers worth up to RM100,000 during the campaign to earn further discounts on their purchases.


Finally, to reward our Facebook fans, Shopee will also be running the “Tag a Bro, Win Like a Pro” contest from 23 to 26 July. All fans need to do is find an electronic product with the LPG label on Shopee, take a screenshot of it in their shopping cart, then tag a male buddy and leave a comment on why they want those items. Lucky winners will receive their favourite electronics worth up to RM1,000 each to share between themselves and their closest buds.

Download the Shopee app for FREE via App Store or Google Play.

Interested to get to know more about Shopee’s Electronic Expo,

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