E-Commerce Learning Session With Industry Players

E-COMMERCE BOOM

Like every other Blogger or Digital Marketer in Malaysia,  I too want to shout out that it is high time that all business owners scale up and embrace the digital platform. If you are a budding entrepreneur you need to act FAST to take advantage of Malaysia’s rapidly growing E-Commerce Market.

There are really game changing  opportunities for early adopters and for those who are willing to take the lead in the digital world. E-Commerce has essentially become a basic requirement for any business.

Digital Free Trade Zone for E-Commerce

Heard about  Malaysia’s DFTZ – the first of its kind in the world – launched in late March, 2017?  Our Malaysian Government launched its DFTZ  to facilitate cross-border trade and to enable local businesses to export their goods by capitalizing on the benefits of E-Commerce. It will digitally connect users with government and business services to support global trade.

Through DFTZ Ma­­lay­sia will see a reshaping of local small and medium businesses which will help carve a position for Malaysia in the digital economy.

Alibaba Group in Malaysia

China’s E-Commerce giant Alibaba Group Holding Limited, signed MoU with MDEC (Malaysia Digital Economy Corporation) and Hangzhou’s Municipal Government to Facilitate Global Trade for SMEs under eWTP (Electronic World Trade Platform)

The Group’s B2C division is committed to helping manufacturers and merchants in Malaysia sell their products on the global scale.

MaGIC for E-Commerce

MaGIC – Malaysian Global Innovation & Creativity Center is a government body that bluntly states that its mission is ‘To catalyze creativity & innovation for long term nation impact’. It does an excellent job at this through dynamic development programs and capacity-building initiatives.

It is based in Cyberjaya as the city is becoming the preferred location for the technology-driven and start-up friendly community.

Among many other activities and programs, a session with major industry leaders was organized by MaGIC for business owners to learn from.

Event: E-Commerce Learning Session with Industry Players

Event  Date: Aug 30, 2017 

Event Time: 9 am to 5 pm

Event Venue: MaGIC Auditorium

When  I came to know about this event, I was thrilled to notice that the Speakers were all prominent figures,  who have built extremely successful businesses utilizing the E-Commerce platform.

Topic: E-Commerce Trends & Disruptions- an Enabler or Disabler? 

Speaker: Chan Kok Long, Co-Founder and Executive Director, iPay88

Key Takeaway from his speech:

  • The company iPay88 is ready to discuss ideas with you even if you don’t have a full fledged business plan. 
  • Act fast or your market share will be taken away.
iPay88-Speaker-E-Commerce

iPay88-Speaker-E-Commerce

Topic: Future Trends of the E-Commerce Industry 

Speaker: Carol Fung, Head of Seller Adoption (E-Commerce & DTFZ Division), MDEC 

Key Takeaway:

  • Go E-Commerce is an online platform that both MDEC and SME Corp developed together. It is an active learning platform and hub for all SME owners who are keen to explore and build their businesses via E-Commerce.
  • Find the stories behind companies like Kismet Decals and learn how they can be applied in your Industry.
  • Join E-Commerce WhatsApp groups to be updated about current programs and reach out to one another in the digital field.
MDEC-Speaker-E-Commerce

MDEC-Speaker-E-Commerce

Topic: Challenges Faced by the E-Commerce Industry

Speaker: Yeoh Chen Chow, Co-Founder of FAVE (Groupon)

Key Takeaway:

  • How Groupon raised to play the leading role not only in Malaysia but in the Southeast Asia region
  • The inner struggles Groupon went through to become FAVE
Fave-Speaker-E-Commerce

Fave-Speaker-E-Commerce

Challenges Faced by Startups and Strategies Used to Overcome Problems  

Speakers:   

  • Fadzarudin Anuar, Founder and Managing Director of Fashion Valet 
  • Ian Ho, Regional Managing Director of Shopee    

Host: Rizal Zainuddin, MaGIC

Key takeaway:

  • Be clear about your Business Objective
  • Have not only short term 1- year or 3-year  business plan but also 10-year business plan
Shopee-FashonValet-Speakers-E-Commerce

Shopee-FashonValet-Speakers-E-Commerce

Conclusion

E-Commerce-Event-ConclusionMDEC is continuing to organize many more such events to educate  SMEs to take a greater role in Malaysia’s Digital Vision.

Finally, I would like to stress that we are on the verge of a new business environment. Our consumer behavior and demands are changing. Going E-Commerce is no longer a luxury, but a necessity to survive in the new digital era.

What else could Malaysian entrepreneurs do to enlarge their market? What other ideas/thoughts do you have for businesses which have yet to go online? Please do share with our readers in the comments section below.

2 thoughts on “E-Commerce Learning Session With Industry Players

  • September 1, 2017 at 10:12 pm
    Permalink

    When can I attend this programs

    Reply
    • September 2, 2017 at 7:19 am
      Permalink

      Hi, this blog post was post-event. There is one more event coming up on Sep 7th which you can attend. Check out here

      Reply

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