KUALA LUMPUR, MALAYSIA – Media OutReach – 14 June 2021 – Small
and medium-sized
enterprises (SMEs), micro SMEs and individual entrepreneurs have to bear the
brunt of the lockdown imposed nationwide to contain the spread of COVID-19
infections. In the face of these challenges, TFP Solutions Bhd’s
e-commerce solution provider, OneMALL, announced a limited-time offer
for the setup of online stores.
The offer allows merchants to sign up with
just a few clicks to have their products appear across OneMALL’s online
marketplace without paying any sign-up charges. OneMALL, a new and
trendy online marketplace in Malaysia that gives a refreshing digital shopping
experience for consumers, has introduced this limited-time offer in order to
encourage aspiring entrepreneurs and small business owners to take their
business online.
Speaking
on the limited-time offer, YM Puteri Munawarah
Syammiyah binti Munir, the Group Executive Director of TFP, said, “In our continued effort to support underserved micro and small
businesses community in Malaysia to shift towards e-commerce, we’re making it
even easier for businesses to get onboard with our online platform. We have all
seen the importance of e-commerce during this pandemic, and our goal is to
drive the online success of our partners and merchants.”
This limited-time offer will provide
opportunities for micro and small businesses to continue running their business
despite of the recent lockdown imposed nationwide recently. This is important
as many SMEs and micro-enterprises are struggling with cashflow during this
pandemic.
According to the Malaysian Employers
Federation (MEF), many employers and micro enterprises have reached a breaking
point under the total lockdown and “have zero cash flow to sustain businesses.”
The offer by OneMALL, will provide a
lifeline for micro and small businesses and cushion the impact on businesses.
Aside
from the setup of online stores at zero costs, OneMALL will also provide free
promotional video for FIVE selected NEW registered merchants. “This will help to increase their visibility on
the e-commerce platform, which would drive their online sales. As we have seen
during the pandemic, digital marketing has evolved significantly, with video
marketing being one of the most effective ways to reach out to consumers”
mentioned TFP Solutions’ Group Managing Director, Datuk Hussian @ Rizal A
Rahman.
While
there are other more established online e-commerce platforms such as Lazada,
Shopee, Mudah, and Carousell, OneMALL stands out from the competition by
leveraging TFP Solutions’ i) FinTech
digital community, which has over 22,000 members, ii) a FinTech mobile payment
solution, a delivery platform, and iii) an additional revenue stream for
entrepreneurs by promoting OneCALL mobile Fintech to their members.
Merchants who set up their online stores
with OneMALL will benefit from the wider audience that they would be exposed
to. For businesses that are already on board with existing e-commerce
platforms, their presence at OneMALL will improve their visibility and reach to
consumers. This is as multichannel selling empowers e-commerce store owners to
build their own brand and increase conversions. It will also help sellers to
grow through economies of scale, assuming that the merchants increase their
output with more channels.
Channel diversifications will also help
to reduce risks as it diversifies the merchants’ revenue streams, which would
help them stay ahead of the ever-changing landscape of e-commerce.
Given the benefits offered by the setup
of online stores with OneMALL, micro and small businesses could take advantage
of the limited-time offer to get onboard. Online businesses can be intimidating
for sellers who are new to the platform, but OneMALL offers assistance
throughout the entire process, from the setup of the online stores to the
management of inventory, payment options as well as consolidation of shipping
for merchants.
Online shopping has gained momentum
following the pandemic, and this trend is expected to continue in the
post-COVID world. We have also seen a surge in retailers and merchants on the
online platform, leading to overcrowded competition in the e-commerce space.
Retailers and merchants will need to set
themselves apart from their competitors in order to reach out to consumers.
Unlike the mainstream online shopping platform, OneMALL will prioritize the
growth of its merchants and partners by providing a self-initiated and
personalized guide on social media marketing tools.
Whether you are an aspiring
entrepreneur, a business owner with an existing presence on the e-commerce platform
or an enterprise that are new to online business, OneMALL’s limited-time offer
provides you with an opportunity to penetrate the e-commerce market. A journey
of a thousand miles begins with a single step, and OneMALL welcomes you to take
the first step together.
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