The world of e-commerce has been rapidly expanding and evolving for years now, and Malaysia is no exception. In the post-pandemic era, more and more people turn to online shopping for convenience and affordability. How can business owners take advantage of e-commerce’s increasing popularity? In this article, we summarise the Read more…
New year resolutions are top-of-mind at the moment and for some of us, the goal is starting a business in Malaysia. It may be both intimidating and thrilling to launch a company. But with the right plan, you can approach your new business with more clarity at every step of Read more…
The topic of repeat customers proves that new isn’t always better. While retailers may believe that their work is done once a customer purchases a product, it is actually an opportunity for them to generate even higher returns. Businesses that want to succeed in today’s market must understand the value Read more…
Public relations is typically not the top priority for business owners that are just starting out, even though it should be. There are a variety of ways to publicise your small business. You have two options for marketing: traditional methods or digital ones. Additionally, conferences, networking events, and other business-related Read more…
Tackling inflation is one of the main challenges small businesses have been grappling with this year. Since the Covid-19 pandemic, many countries have been in an economic downturn. The geopolitical instability in certain parts of the world is also slowing down recovery. For Malaysia, the situation took a turn for Read more…
Many businesses were forced to adapt to the growing impact of e-commerce since the Covid-19 pandemic. These days, digital solutions are not just ‘nice to have’ but a ‘must have’ for business continuity. Wholesalers can not only sell more online, but they can also sell smarter thanks to insights on Read more…
Once an industry that operated mainly offline, B2B e-commerce has been growing at a steady rate. B2B e-commerce currently accounts for 24% of all business sales and is estimated to reach $3 trillion by 2027. The digital shift in B2B did not come out of nowhere. With the rise of Read more…
Online marketplaces’ dominance in retail is undeniable. The rise of e-commerce played a major role, but new data also indicates that customers today prefer to shop on their trusted marketplaces to find top brands. An online marketplace is an e-commerce platform that lists products from multiple sellers. The convenience of Read more…
As a small business owner, it’s important to have an understanding of common credit terms in Malaysia. Credit terms are the agreement between a seller and buyer that details how much the buyer has to pay for a purchase and by when. In other words, credit terms are a contract Read more…
B2B businesses are no stranger to late payments. SMEs in Malaysia struggle the most with this as 60% of commercial payment collection periods exceed the credit terms. Late payments and outstanding invoices are the grim reality for many businesses – but it doesn’t have to be the case. If you Read more…