Why All Companies Should Be Selling Online, And Why TradeMalaysia Is The Best Way To Do It – Part 1, Why Trade Malaysia?

 


The Covid-19 pandemic has resulted in an astronomical growth in online B2B and B2C shopping/purchasing, and these numbers are multiplying day by day. The global online B2B market size was predicted to reach $4 trillion in 2020, but due to sudden Covid-19 conditions, b2b marketplaces are predicted to reach beyond $10 trillion in 2021.

In short, B2B business directories and marketplaces are going to dominate traditional ways of doing B2B buying and selling in Malaysia and other nations, and this digital trend is going to be the future. And it’s not only product resellers that are on the digital growth bandwagon; more businesses, like Malaysian manufacturers, wholesale suppliers and distributors, are bringing on B2B ecommerce as a new, lucrative business channel…and you should be, too.

 

But how do we sell online in Malaysia? If you’ve still not doing business online because you’re worried about the logistics or cost, Trade Malaysia has taken that off the table. Trade Malaysia has led the way in Malaysia pushing B2B ecommerce to the front of the pack by making online wholesale selling and lead generation quite easy with it's easy to use interface and free product listing services.

And they have a high interest in adding new suppliers’ everyday (the more bulk sellers on Malaysia Business Directory they have, the better global bulk buyer market coverage), so they are working very hard to make it as simple as possible for Malaysian suppliers and manufacturers to join the club.

This March 2021 blog series focuses on why you and your company should be selling online, why it should be through Trade Malaysia, how it works, and how you can make the move.

Part 1: Why Sell Your Products Online

This could be the shortest B2B blog ever written.

Why should you and your company sell on Trade Malaysia? Because it sells or we can say generate leads for more than 1 million products online and were responsible for almost  $5 BILLION in online sales in 2020 alone. And this was when they were just a new entrant in Malaysian B2B Market. 

But let’s check further on that a bit. The fact is, it is going to be the 1000-pound gorilla in B2B ecommerce in Malaysian region. While generally that’s not something considered as a compliment, while in this case, it surely is—and it definitely benefits the suppliers…which might include you.

Here are some more reasons to go with Trade Malaysia:

1.    As just stated, it has the volume of wholesale buyers no other source in Malaysia can come close to. Today more and more business-to-business shoppers are going on Trading in Malaysia for their bulk purchase requirements.

2.    Simply put, Trade Malaysia is very, very good at B2B ecommerce. Their team constantly reviews processes and relationships to make the online b2b shopping experience better each day with some improvements, they give the same efforts towards suppliers to make it as easy as possible and highly beneficial for Malaysian wholesale suppliers and manufacturers. This shows that they understand B2B ecommerce far better than most anyone else in Malaysian B2B Directories and Marketplaces, and they also invest in the resources which can make constant positive improvements.

3.    If you are not a master of online B2B selling— that’s ok. You’re actually not supposed to be an online B2B expert, especially if you’re a manufacturer or distributor. Your focus is on traditional business style and that's cool as that is also needed to run a successful business. However, to take benefit of the digital marketplace, you can go with Trade Malaysia as  its already has the required infrastructure and the online business customer reach in place; so what all you need to do is plug in.

4.    It actually needs you as much as you need them. They do count on the volume and product variety to be the go-to for shoppers USP around the world, and you add a lot to that. They are not focusing on selling their own inventory as they know that it’s very hard to maintain an inventory of more than 10 million products, so they put their efforts in bringing all Malaysian wholesale suppliers and manufacturers on their one single digital B2B platform - Malaysia Business Directory - making it easier for suppliers to use them. It’s a win-win-win B2B Platform for Trade Malaysia, the business bulk buyers’ customer, and you, the manufacturer and whole suppliers.

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