ALL-TIME FAVOURITE MARKETPLACE IN MALAYSIA
1. Dashboard for Sellers
A dashboard for sellers gives information on inventory levels and sales performance. The dashboard should provide an overview of the information needed to run your company, which makes it an essential tool to manage your accounts.
2. Store Set Up Costs
A few of the most commonly used fees that are associated with online marketplace transactions include commissions buymalaysianfollowers as well as listing fees, administration costs, and shipping fees. Every marketplace has its own set of fees.
3. Commission Rate
A marketplace online can be the ideal way to sell used items, however, you must be aware of the commission rate that is applied prior to posting anything. It's a good idea to avoid selling something at a price higher than what it is worth because the difference in commission could cause a decrease in profit margin. Here is the commission rates per platform.
- Shopee -
- Sellers of Prefered Plus and Preferred Plus 2%,
- Non-preferred sellers who managed not to achieve a sales volume of less 100 units: 1.1%
- Sellers who have more than 100 orders that have been completed Sellers with more than 100 completed orders: 0%
- *Shopee Mall's seller fees are between 3 and 5 percent for overseas sellers.
- Lazada - 1-4 %
- Mudah - 0-10%
- Lelong - 0-10%
- Zalora - 10- 30%
- Go Shop - N/A
- PGmall - 5%
- Carousell - 2.5%
- eBay Malaysia- 1.5% to 15%.
- PrestoMall - The rate varies depending on the product's category
- Hermo - N/A
- Qoo10 - 9-12%
- Ezbuy - N/A
- Sellers of Prefered Plus and Preferred Plus 2%,
- Non-preferred sellers who managed not to achieve a sales volume of less 100 units: 1.1%
- Sellers who have more than 100 orders that have been completed Sellers with more than 100 completed orders: 0%
- *Shopee Mall's seller fees are between 3 and 5 percent for overseas sellers.
4. Payment Gateway Fee
Also, you should take into consideration the fee for payment gateways which is charged to the seller on every sale. This typically is a tiny portion of the cost of the product but it is different between different marketplaces.
5. Settlement Day
A settlement day is the day on which the funds are transferred from buyers to sellers and then onto the marketplace.
FAVOURITE MARKETPLACE IN MALAYSIA
1. PG Mall
The PG Mall website hosts over 1500+ merchants, and ships from both international and local places. Source: PG Mall
Platform Features: Abundant opportunities to expand companies for higher Revenue Returns
Engagement through Visits:10.95 million
Average Visit Duration:00:01:45
Rebound Rate65.10 percent
Availability of Mobile App: Yes
PG Mall is yet another success for Public Gold Marketing Sdn Bhd the leader in the ASEAN's industry of metals.
The ability to bring customers and merchants together has been an everlasting love affair.
The group's goal is to give customers the advantages of shopping at Singapore's best brands.
2. Carousell
The app lets users purchase and sells goods through the seller's network of partners. Source: Carousell
Platform Features: Sell almost everything from electronic beauty to lifestyle. Sellers have the chance to set up an easy-to-install personal mobile and web-based E-commerce store on this site.
Engagement through Visits: 3.69 million
Average Visit Duration:00:03:08
The Bounce Rate is 62.03 percent
Availability of Mobile App: Yes
Carousell Malaysia offers a secure and easy way for individuals to sell things they no longer want.
It is a marketplace for mobile devices in Malaysia which allows users to buy and sell secondhand items it's the ideal spot to purchase items for your home, fashion, beauty products, and all the other things you require, at the most affordable cost.
3. eBay Malaysia
eBay is among the most popular marketplaces in the world to buy and sell items. Source: eBay
Platform highlights:Auction system & Consumer to Consumer (C2C) sales
Engagement by Visits 234.43 thousand
Average Visit Duration: 00:04:09
The Bounce Rate is 40.63 percent
Availability of Mobile App: Yes
EBay Inc. is an American multinational company that started its e-commerce business in AuctionWeb and later rebranded as eBay on September 3, 1995.
The company offers consumer-to-consumer as well as business-to-consumer services through its website. This has led to them being mostly classified as a "marketplace" rather than a traditional auction website.
eBay Malaysia is one of the numerous online marketplaces that allow users to purchase and sell used or new products.
The website has more than 14 million items for sale by people, such as electronics, fashion beauty, fashion, and much more.
4. PrestoMall
PrestoMall provides appealing marketing tools that can aid sellers in growing their businesses and improve consumer awareness. Source: Presto Mall
Platform highlights: Diverse selection of product categories that range from fashion, electronics, and lifestyle to groceries and health products
Engagement through Visits:52.43 thousand
Average Visit Duration:00:02:32
The Bounce Rate is66.23 percent
Availability of Mobile App: Yes
PrestoMall is considered to be one of the biggest locally-owned online marketplaces in Malaysia.
Alongside providing a variety of items it has on the website which are related to fashion, health and beauty, jewelry electronics, and much more It also offers fast and reliable logistics services.
PrestoMall is dedicated to offering the best shopping experience for customers and sellers.
5. Hermo
Here is a seller of personal care products as well as cosmetics. Source: Hermo
Platform Features: A one-stop platform for lifestyle and beauty products
Engagement through Visits:113.66 thousand
Average Visit Duration: 00:03:47
Bounce Rate: 49.44%
Availability of Mobile App: Yes
Hermo MY offers online purchasing on a site that is dedicated to making your shopping online experience a simple and affordable experience for all beauty enthusiasts.
It has a variety of brands and products at affordable prices.
Hermo MY stocks over 120,000 products for beauty, that include hair care, skin care makeup, accessories, and makeup. The most well-known international brands on Hermo include Etude House, Skinfood, Tony Moly, and Laneige.
In addition to being an internet-based marketplace, it's also a social networking site for those who own beauty products, or distributors who want to help women with the knowledge of cosmetics.
Home offers access to high-quality carefully curated information, forums for discussion, and online marketplaces where people around the globe can find out about the latest beauty trends.
6. Qoo10
Sellers can offer a variety of items on Qoo10, from electronics to clothing to home products. Source: Qoo10
Platform highlights: Asian-catered e-commerce platform that operates in seven local marketplaces across five countries, with one in Malaysia. Malaysia
Engagement by Visits331.14 thousand
Average Visit Duration: 00:00:51
Bounce Rate: 49.34%
Availability of Mobile App: Yes
Qoo10, an online marketplace that caters to Southeast Asia. It was established in 2005. Qoo10 provides a variety of products to international and local customers all over Singapore, Indonesia, Malaysia, China.
Despite its focus on the Southeast Asia market, the platform gives local companies the possibility of selling their international products with the assistance of its logistics and its customer service department.
The brand new QSM program offers a central dashboard that retailers can use to check the tracking of orders, the management of orders, quality control, and features for optimizing products All from one site.
7. Ezbuy
Ezbuy is an online marketplace as well as an online store that buys products from a variety of sellers and then dropships them to Asia. Asia.Source: Ezbuy
Platform Features: Vast categories of items and excellent chances for overseas sales
Engagement by Visits85.83 thousand
Average Visit Duration:00:03:26
The Bounce Rate is 41.59 percent
Availability of Mobile App: Yes
Ezbuy is a Singapore-based business specializing in overseas purchases logistics, logistics, as well as shipping internationally.
Ezbuy assists consumers in finding Buy Instagram Followers Instagram items on websites from overseas Then, they purchase these items on behalf of the customer, package them and then ship them to China to be delivered.
To Summarize
We hope this guide has given you the information to determine the best place to sell your products in the top markets in Malaysia.
Be sure to set your prices competitively and follow a consistent and effective marketing plan across all platforms to have the best chance of success you want.
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