Malaysia’s growing Internet and mobile connectivity have rapidly expanded the ecommerce adoption and development across the nation. Online shoppers in Malaysia have increased tremendously reaching around 15.3 million -- 50 percent of the country’s population -- of which 62 percent shop online via mobile.
While demand is high, the ecommerce market is overly crowded. Competition is fierce as online retailers vie for consumers’ attention and loyalty. The sheer volume of promotions, discounts, loyalty and rewards programmes often overwhelm consumers. Thus, are these marketing gimmicks effective? Are online retailers maximising their online presence and how can they emerge as front-runners in this ecommerce landscape?
Recently, Dato’ Wira Louis Ng, Managing Director of PG Mall Sdn Bhd shares with Business Today his strategy to be the number one player in the online retail business.
In 2008, Ng founded Public Gold Marketing, his first online marketplace which enables customers to access live gold prices and transact gold online.
Moving forward, Ng decided to expand his vision by transitioning from selling one product to multiple products. With his vast experience in the ecommerce retailing business, a comprehensive and vast customer-data base and, a highly competent ecommerce marketing team, Ng was confident he could revolutionise the online retail landscape.
Hence, with his business vision and fearlessness in the ecommerce sphere, he established PG Mall, a Penang-based company with its headquarters in Kuala Lumpur in 2017 with the aim to promote locally manufactured products to consumers.
この記事は Business Today Malaysia の September 2019 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、8,500 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は Business Today Malaysia の September 2019 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、8,500 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
Time Aortic Abdominal Aneurysm
The Aortic Abdominal Aneurysm happens when the wall of the blood vessels starts to weaken which forms an Aneurysm that is commonly known as balloon-like dilation.
The Lexus ES 250 Features A New F Sport Variant
The 2022 Lexus ES facelift has arrived in Malaysia- First unveiled at Auto Shanghai 2021 in April this year.
Heading: Try -180°C Therapeutic Treatment Called Cryotherapy To Improve Overall Health
Health has gained a significant attention in this pandemic and being at your best form is a good way to fight the current problems in every aspect of health from fitness, depression, pain management, sports injury, antiageing, weight loss and beauty.
Is It Too Late To Start Investing In Bitcoin?
The noise around Bitcoin has risen sharply in the last month after the world’s most popular cryptocurrency reached its all-time high on 9 November 2021. With all the talk of its price continuing to grow, it is easy to think that it might be too late to start investing in Bitcoin. However, it is not too late and, in fact, Bitcoin adopters are actually early. Bitcoin, and cryptocurrency in general, has received mainstream adoption and looks to be around for years to come.
Smart SBB To Boost Farmers Income
Director-General for the Ministry of Agriculture and Food Industry (MAFI), Azman Mahmood, in a special meet the media session, led the pre-launch briefing of Project Smart Sawah Berskala Besar (Smart SBB) a day before the official launch by his Minister.
Budget 2022 – Seizing The Right Moment
The recent data point suggests Malaysia will stand to benefit from the global recovery.
Power Of Role Model – How The Habits Of Parents And Kids Are Interrelated?
A new global survey, commissioned by Kaspersky, explores the role of healthy digital habits in the family, as well as the effect of parents’ behavior on children and vice versa
Better Late Than Never, But Act Now
The world should now be more aware of likely COVID-19 devastation unless urgently checked. Last week, the World Health Organization (WHO) announced an US$8 billion plan to quickly vaccinate many more people to expedite ending the pandemic.
Accelerates MSMEs Digitalisation Journey
97.2% of businesses in Malaysia are made up of Micro, Small and Medium Enterprises (MSMEs). This important business sector plays a significant role in the Malaysian economy by contributing 38.2% of Malaysia’s Gross Domestic Product (GDP). MSMEs also contributes significantly in providing job opportunities.
Leadership That Can Prevent Toxic Workplaces And High Turnover
“It is our organisation’s mission to create the largest and most productive coworking community in Malaysia & moving forward, South East Asia,”
