Please note that we have just been alerted that scammers are using our company name and website link to scam money from the public.
First they’ll ask you to complete a series of task where once you complete a task, you are asked to transfer money directly into their company bank account with amounts ranging from RM45, RM159 to RM999 onwards in order for them to pay you back the “commission”.
Here are screenshots on how they operate their scam via whatsapp groups with the phone number that they use which contain various Admins :
They are using our website address and company registration number to convince people that they are a legit company :
They will ask you for your full name, age, current occupation, bank account number and bank account name. DO NOT REVEAL YOUR PERSONAL INFORMATION!
After providing your personal information, they will ask you to start completing a task such as adding a product into the shopping cart of a merchant, they will ask you to take a screenshot of the shopping cart with the product to send to them.
Here are some examples of the “tasks” that the scammers will ask you to complete :
After you complete each task, they will then ask you to transfer cash instantly to their “company bank account” using DuitNow instead of GIRO or IBG transfer.
This is so that they can get your cash immediately.
DO NOT SEND DUITNOW Cash to them!!
They will keep asking you to complete task after task with the promise that you’ll earn higher commission (this is a PONZI Scheme, STOP IMMEDIATELY) :
When confronted, they will provide you with a “Staff name” and “Staff ID” which is a FAKE as they are not any of our company staff :
We do not offer any part-time employment to make purchases or post reviews on behalf of merchants.
Malaysians just had a wonderful LONG Merdeka weekend of celebrating, eating and last minute shopping at the malls to avoid the SST (Sales and Service Tax) which kicked in on 1st September 2018.
Here Comes MyCyberSale 2018
Now comes MyCyberSale 2018 which offers Malaysia’s BIGGEST online shopping sale event of the year where Malaysian online sites and marketplaces offer a tonne of discounts and promotions for 5 DAYS in a row which starts from 3rd – 7th September 2018.
You could say the whole of Malaysia and entire South East Asia region will be shopping online this entire week!
When Does MyCyberSale Take Place?
Malaysia’s MyCyberSale usually takes place between our National Day (31st August) and Malaysia Day (16th September) annually.
You could call it Malaysia’s annual version of China’s Singles’ Day or the States’ Thanksgiving + Black Friday and Cyber Monday event. All the shopping happens online.
Although the volume doesn’t come close to China or the States, but hey, at least we get our own online shopping sale event to shop our hearts out.
Why Do We Need It?
Let’s face it. Other than FOOD, Malaysians’ next favourite past time or hobby is SHOPPING ONLINE.
We love online deals, promotions and offers where one can get any product or service on sale at a discounted price.
It’s also an excellent way to encourage our local Malaysian ecommerce pool of merchants and online businesses to offer amazing discounts and promotions during this online sale period to spur the local economy.
Did you know that Malaysia is one of the FASTEST growing emerging ecommerce market in the region?
So Where Can I Find MyCyberSale 2018 Offers And Promotions?
MyCyberSale is an ecommerce initiative by MDEC (Malaysia Digital Economy Corporation) in collaboration with PIKOM (The National ICT Association of Malaysia). ICT stands for Information and Communication Technology.
There’s 21 different categories with a total of 876 merchants offering discounts, promotions and free shipping the MyCyberSale.my site.
Below are the different categories and number of merchants / offers for MyCyberSale 2018 :
Automotive, Parts & Accessories – 14
Baby & Kids – 85
Beauty & Wellness – 26
Books & Media – 21
Education – 10
Electronics – 29
Electronic Accessories – 23
Entertainment – 6
Fashion – 217
Food & Beverages – 31
Gifts, Premium & Souvenirs – 30
Groceries – 13
Health & Beauty – 138
Home & Living – 54
Home Appliances – 14
Home Improvement – 16
Lifestyle – 16
Marketplace – 42
Multi Category – 40
Services – 22
Sports Equipment – 9
You’ll notice that the largest number of offers fall within 3 categories which are Fashion, Health & Beauty and Baby & Kids.
It can get a bit overwhelming with all the blinking ads all eyeing for your attention.
Some Pearls Of Wisdom For Online Shopping
Decide what you NEED for yourself. Determine which category and what type of product you’re looking for and make the necessary comparison.
Otherwise, you’ll end up wanting to buy EVERYTHING since there’s a whole bunch of offers going on right now.
Oh, and if you’re buying anything that’s RM50 and above from the listed merchants, you’ll be eligible to participate in the Lucky Draw.
Tell Me, What Do Folks Normally Buy During MyCyberSale?
The most popular categories that people shop from during the previous MyCybersale were :
Health & Beauty – everyone needs to look good or make sure we’re not falling apart
Fashion – we need to update our wardrobe or get some new threads at least once a year
Travel – Malaysians need to go for holidays to de-stress
Groceries – we need to stock up our kitchen / pantry / office as we constantly need to eat
Our wonderful neighbour down south Singapore would be having a blast buying from Malaysia as their strong Singapore Dollar allows them to get a better bang for their buck here.
Shoppers use both desktop and mobile to complete their online purchases.
The bulk of orders are shipped by our national courier service PosLaju allowing Malaysians to receive their online purchases within the next business day (if they don’t get too overwhelmed with the amount of orders!).
Most of our Malaysian online sites accept online banking (FPX) and credit / debit card as payment method so shopping online is a breeze.
Is This The LAST Online Shopping Sale Event For 2018?
Of course not! There’s always a reason to have online sales as Malaysians and everyone in this region enjoy shopping online.
If you miss getting something that you want during MyCyberSale 2018, there’s the upcoming 9 September 2018 ONE DAY SUPER SALE by the online marketplaces being offered by Lazada, 11Street, Shopee, etc.
For your info, 9th September 2018 is Malaysia’s King’s Birthday which falls on a Sunday making Monday 10th September 2018 a public holiday. And to top it off, 11th September is Awal Muharram which is a Muslim religious holiday.
So Malaysians have an even longer weekend holiday coming up this week. We’ll probably need to rest and chill with the amount of online shopping we’re doing from last week spilling to this week!
So have a wonderful time shopping online this whole week folks.
Malaysia will be celebrating its 61st Merdeka (Independence Day) this 31st August 2018.
Since everyone’s looking forward to the long Merdeka weekend to chill, EAT and do some LAST MINUTE SHOPPING before we welcome the new SST (Sales and Service Tax), we’ve decided to compile a list of 50 Top Merdeka 2018 Promotions and Offers that you don’t want to miss out on.
Food, Glorious FOOD Promotions For Merdeka 2018
Malaysian love to eat. We’re multi-racial and everything we do seems to revolve around food one way or another.
So here are the Merdeka 2018 Food Promotions that will leave you drooling. Plus you get to save some $$ by taking advantage of these Merdeka 2018 food offers 🙂
Forget the diet this weekend. If you plan your time well and add in a bit of kiasu (can’t loose) attitude, you’ll have a great time enjoying these wonderful offers. We all need to eat right?
Texas Chicken Malaysia
Secret Recipe Malaysia
Kenny Rogers Roasters Malaysia
Big Apple Donuts Malaysia
Dominos Pizza Malaysia
Kyochon 1991 Malaysia
Drop by KyoChon 1991 stores to grab a Heaven and Earth tea for ONLY RM1 on this day!
Terms & Conditions :
1. Applicable at all KyoChon Malaysia outlets except Genting SkyAvenue. (https://www.kyochon.com.my/locations/)
2. Only available on Merdeka Day (31st August 2018).
3. Only applicable with any chicken purchase.
4. Maximum 2 redemptions per bill.
27-31 Aug 2018: Wendy’s Merdeka Special Combo
Famous Amos Malaysia
Famous Amos Malaysia is having their FREE 50% Cookies Giveaway.
Enjoy 50% extra cookies if you purchase 300g in bag and many more.
Terms and Conditions
Free 50% cookies (150g cookies) with every purchase of 300g cookies in bag.
Sayangi Malaysiaku Special period: 25 Aug – 31 Aug 2018
Valid in all Famous Amos outlets
Not valid with other on-going promotions, offers and discounts.
While stocks last.
Date: 25th August 2018 to 31st August 2018
Starbucks Free Complimentary bottle of Gatorade Giveaway
Get a complimentary bottle of Gatorade* with a minimum spend of RM30 in a single receipt!
*Valid until 31st August 2018
Terms and conditions:
Valid at all Starbucks Drive-Thru stores, drive-thru window only.
While stocks last
Burger King Malaysia
JCO Donuts Malaysia
Humble Beginnings Malaysia
Baskin Robbins Malaysia
Baskin Robbins Hari Merdeka Limited Edition Ice Cream Sale
You can get this limited edition ice cream from today – 31st Aug at any Baskin-Robbins outlet.
Juice Works Malaysia
Other than eating, Malaysians love to shop online. Who can resist a good online deal especially when it comes with free shipping?
Fashion, Clothing, Shoes, Jewellery And Whatever You Need To Wear
There’s plenty of Merdeka 2018 shoe offers going on.
Buy 1 & Get 2nd Pair at 40% discount off Promotion start from 26 August 2018 to 31st August 2018
Enjoy discount 40% off every second pair of shoes purchase in one single receipt with minimum purchase of RM310 and above at normal retail price for Classic range and Professional range.
*Except for Eva range (buy 2 pairs of Eva series and Get 3rd pair @ 40% discount off ) in one single receipt with minimum purchase of RM318 and above at normal retail price for Eva range
Terms & Conditions
*Not applicable for discounted items/ instant rebate promotion/ credit card promotion and others.
*Valid for items of equal or lesser value
*Valid for normal price items only
*Terms & Conditions apply. While stock last.
al-Ikhsan Sports Malaysia
Habib Jewels Malaysia
Something For The Kids Or Yourself
Merdeka 2018 book offer. Stationery are also on sale. Grab them now for the kids or yourself.
Products For The Home
These still time to get those home and living products for the house since we’re at the tail end of Malaysia’s tax holiday season. Better late than never. Get these Merdeka 2018 product offers now.
La Gourmet Malaysia
Tech, Mobiles, Tablets, Computers
Quickly get your mobile, tablets, computers and tech gear by taking advantage of these Merdeka 2018 mobile offers before the coming SST!
Mobile Telecommunication Providers
Both postpaid and prepaid users have much to take advantage of this Merdeka 2018 plans with these telecommunication providers.
Tune Talk Malaysia
3 months of tax holiday from GST saw Malaysians car shopping like never before! What a wonderful season to get yourself a new vehicle before the upcoming SST. Check out these Merdeka 2018 car offers below.
Well these 50 Merdeka 2018 promotions and offers should keep you busy on Merdeka Day itself if not the entire long weekend!
Wishing all Malaysians Happy Merdeka as our nation celebrates it’s 61st birthday! Enjoy the long weekend and have fun with all these wonderful offers and promotions.
Payment gateways provide the service to process online payments from customers to merchants securely. When integrated with any ecommerce website, the role of payment gateways is to allow customers to pay for their online purchases using either credit or debit cards or via online banking smoothly.
Here’s a look at some of the best Malaysia payment gateway providers used by the majority of Malaysian online sellers.
You’ll find the best Malaysia payment gateway comparison chart at the later part of this article.
PayPal is well known internationally as it’s widely used by both local and international sellers.
Customers DO NOT NEED to have a PayPal Malaysia account to make payment on a website that is using PayPal as their payment gateway processor.
Customers can just use their credit or debit card when they land on PayPal’s site during the checkout process by clicking the “Pay with credit card” link.
PayPal is a flexible payment gateway Malaysia that is both popular and easy to manage.
PayPal Malaysia does not require any sign up fee or yearly fee to use their online credit card processing Malaysia feature making it highly recommendable for new startups to begin accepting credit / debit card payments from customers.
However, please note that while PayPal is easy to set up and use, their transaction fee is 3.9% + RM2 for credit / debit card online transactions for Malaysian customers whereas international customers buying from you will be charged at 4.4% + USD0.30 per transaction.
However, setting up a PayPal Malaysia account to accept payment is easy and fast.
Just go to PayPal Malaysia’s site and sign up for a business account.
Key in your details and remember to link your PayPal account to your online store to start accepting online payments.
PayPal Malaysia does not offer FPX online banking.
You’ll need to transfer the funds from your PayPal account to your local bank account.
If the amount is less than RM400, there’s a RM3 charge by PayPal. There’s no charge if the amount is RM400 and above.
Braintree is a payment gateway that was acquired by PayPal in 2013 with the goal of propelling the payment platform on a global scale.
All kinds of businesses use Braintree to accept payments in mobile apps and websites as they have experience working with new business models.
Merchants in Malaysia can accept PayPal, Apple Pay, Android Pay, and cards on the Visa and Mastercard networks as long as the cards are enabled for online use.
Please note there’s a RM90 flat rate for chargebacks.
Signing up for a Braintree Malaysia account may take a bit of time as the company requires your business registration details (Malaysian IC, Business Registration Forms, Utility Bills with business registered address, Malaysian Bank Account Statement that is registered with the business, etc) to verify that you’re a valid legal business before opening a Braintree account for you.
The good thing about Braintree is that they offer a lower credit / debit card transaction fee (3.4% + RM2) compared to PayPal (3.9% + RM2) and that all payment is pushed to your local bank account on a daily basis.
And like PayPal, Braintree does not charge any Setup Fee or Yearly Fee at all.
Braintree Malaysia does not offer FPX online banking.
Braintree will automatically push all payment amount to your local bank account on a daily basis with no minimum amount.
iPay88 is one of Malaysia’s leading payment gateway providers.
Their headquarters is located in Kuala Lumpur, Malaysia and they have a presence in Cambodia, Indonesia, the Philippines, Thailand and Singapore.
iPay88 was acquired by NTT DATA, a Japanese system integration company in 2015 and continues to strengthen their presence in the ecommerce and mobile commerce field in the whole of South East Asia.
iPay88 Malaysia offers 2 different plans to meet your business needs.
If you’re only looking for a payment gateway Malaysia FPX feature to accept payment via online banking and e-wallets from customers, then you can consider iPay88’s Start Up Plan. It comes with a one time Setup Fee of RM488 (wef 20 March 2020).
Bear in mind their FPX rate for the Start Up Plan is 3.5% or RM0.60 per transaction whichever is higher.
Their Start Up Plan only comes with online banking, credit / debit card (ONLY UnionPay at 3.5%) and e-wallets.
Their SME Plan offers online banking, credit/debit card processing (Visa/Master/UnionPay) and e-wallets.
For credit card processing (Visa/Master/UnionPay), they’ll be using local banks to process those payments at a lower transaction rate (2.7%) while debit card (Visa/Master) is at 2.5% which is better than you using a direct PayPal account (3.9% + RM2 per transaction).
These 2 plans come with a Setup Fee of RM488. Merchants who choose their SME Plan will have to pay RM500 for Annual Fee while the Credit Card Application Fees of RM900 is waived by iPay88.
Both plans include e-walletsBoost (1%), MBBQR (1%), GrabPay (1.5%), TouchnGo (1.5%) and MCash (1.5%).
iPay88 will pay out on a weekly basis to your local bank account but the minimum amount is your iPay88 account must be RM10 for them to do so.
iPay88 Malaysia claims to have a proven fraud prevention system and monitoring in over 14 years which has resulted in fraud ratio far below the industry threshold.
eGHL was founded in 2013 and functions as an internet payment arm of GHL Systems Berhad.
You’ll notice quite a number of physical card payment terminals in physical stores and retail using GHL as their credit / debit card payment processor.
So it comes as no surprise that the company entered the ecommerce payment gateway market with their internet payment arm, eGHL.
eGHL is a Malaysia payment gateway that offers a secure internet payment solution which covers both card and non-card payment channels for online businesses throughout the South East Asia region.
eGHL offers a lower transaction fee for credit / debit card (1.8% – 2.5%) and FPX payments (1.8% – 2.5% or RM0.50 whichever is higher) depending on the plans you take.
They have 3 plans to meet your business needs : RM499 / RM5k / RM10k which is also the On-Boarding Fee that you need to pay when you sign up with them. Please note that the fee is subject to 6% SST.
Startups which choose the RM499 plan will need to pay a Maintenance Fee of RM25 + 6% SST per month IF total monthly transactions are less than RM15k for the month.
Coupled with that, there’s a Yearly Fee of RM599 (waived if total transactions exceed RM180k per year) for the RM5k and RM10k plan.
eGHL is an excellent payment gateway provider to consider if your business has consistent growing volume to justify the yearly fee while you enjoy lower transaction fee for credit / debit card and FPX payments.
Here’s a rundown of their 3 plans with e-Wallet rates (wef 3 June 2020) :
Credit / Debit card for Visa/Master : 2.5%
+ 1% for non-MYR processing
+ RM0.50 (for transactions less than RM40)
Online Banking : 2.5% or RM0.50 (whichever higher)
Boost, MCash, GrabPay, TouchnGo : 1.5%
Maybank QRPay : 1% Maintenance Fee : RM25 + 6% SST per month IF total monthly transaction volume less than RM15k per month
RM5k Plan & RM10k Plan
Credit / Debit card for Visa/Master : 2.0% (RM5k Plan) / 1.8% (RM10k Plan)
+ 1% for non-MYR processing
+ RM0.50 (for transactions less than RM40)
Online Banking : 2.0% (RM5k Plan) / 1.8% (RM10k Plan) or RM0.50 (whichever higher)
Boost, MCash, GrabPay, TouchnGo, Maybank QRPay : 1% Yearly Fee : RM599 + 6% SST (waived if transaction volume exceed RM180k per year)
Processing Fee for all 3 plans
Refund : RM0.50 per transaction
Chargeback : RM5 per transaction
Settlement : No charge to Malaysian local bank, USD30 to Foreign Bank
Payments are pushed to your local bank account on a weekly basis with no minimum amount requirement.
MOLPay is one of the leading payment gateway in South East Asia that has been connecting international brands to consumers across the region since 2005.
MOLPay Malaysia offers a full range of alternative payment methods such as online banking, cash at 7-Eleven (MOLPay Cash), e-wallet and more as their single API serves as a connector for clients to reach all consumers across South East Asia.
MOLPay Malaysia offers a Premium Plan for ecommerce businesses.
There’s a One Time Sign Up Fee (non-refundable) of RM400 and a Yearly Maintenance Fee of RM499 for the Premium Plan. (wef 11 Jun 2020)
Serious sellers would go for their Premium Plan as it offers a lower transaction fee for credit / debit card at 2.4% (Master / Visa) and FPX (2.4% or RM0.60 whichever higher) and Razer Cash (2.4% or RM0.80 whichever is higher).
Razer Cash allows customers the convenience of paying cash conveniently at their preferred 7-Eleven and 99 Speedmart outlets nationwide. It’s the perfect solution for online shoppers who do not have a debit / credit card or internet banking. It’s also for those who have insecurities on sharing their bank details online. Hence Razer Cash is an alternative payment channel for those who do not trust Internet security. So convenience stores act as the customers’ cash machine to complete their payment transactions for online purchases.
MOLPay is also integrated with Online E-wallet Channels : Razer Pay : 1.2% Boost, GrabPay, Maybank QRPay, Touch ‘n Go : 1.4%
To enable credit card processing, the One Time Bank Processing Fee for credit card channel (Visa / Mastercard) of RM900 has been waived.
While they do pay out on a weekly basis, please note that there’s minimum payout amount of RM100 before they’ll process the payout to your local bank account.
There’s no Settlement Fee and payout is on a weekly basis.
MOLPay also offers Alipay and UnionPay channel as an add-on for Malaysian merchants who wish to receive online payment from China customers :
MOLPay claims to achieve one of the lowest dispute transaction ratio in the online payment industry.
Best Malaysia Payment Gateway Comparison Chart
The Best Malaysia Payment Gateway Comparison Chart gives an overview of the payment gateway Malaysia fees for credit / debit card and FPX online banking, set up fees, yearly fees and minimum withdrawal amount to local bank account giving new and existing merchants the choice to sign up or switch to different providers.
Merchants who are interested to enjoy the transaction rates mentioned can contact us and we will help them register for a new account with the respective Malaysia payment gateways.
For Ecommerce Startups And New Businesses
For startups and new businesses who are very budget conscious, we would normally recommend that they sign up with a PayPal direct account first while pending their application for any of the payment gateway providers of their choice.
Most like the word ‘FREE’ so they’ll usually go for iPay88’s SOHO Plan where they do not need to pay any set up or yearly fee while enjoying access to both credit / debit card processing by iPay88’s PayPal and FPX Online Banking.
For Ecommerce Sites With Volume Transactions
For ecommerce businesses that have a considerable amount of daily, weekly and monthly volume transactions, they would usually go for eGHL as they offer one of the lowest credit / debit card and FPX transaction fees.
The other option would be MOLPay where those businesses have both an ecommerce and physical presence as MOLPay offers a range of payment processing features across different channels.
Which Payment Gateway Options In Malaysia Should I Choose?
The best Malaysia payment gateway provider really depends on the merchants’ business needs.
If you want something fast and ‘free’ without the hassle of paying setup fees and yearly fees, PayPal Malaysia, Braintree Malaysia and iPay88’s SOHO Plan are suitable.
If you have a tonne of transactions to process for both online and physical retail, then eGHL and MOLPay will be able to meet those needs.
Regardless of volume transactions, it’s vital that any ecommerce business must have an online credit card processing Malaysia feature on their site as majority of buyers prefer to pay with credit / debit cards.
This payment gateway Malaysia comparison chart acts as a guide for new and existing sellers to consider which Malaysia payment gateways can best meet their business needs.
If you have any question or feedback about the mentioned payment gateways, please reach out to us at InstanteStore as we’re constantly working to help businesses sell more online.
South East Asia Is The Next BIG Mobile Commerce Powerhouse
Not far behind with tremendous huge growth and development status would be South East Asia (SEA) which is made up of 11 countries (Brunei, Cambodia, East Timor, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam).
SEA have a total population of 648 million (and growing fast!).
The top countries in this region that is leading the way in massive digital ecommerce spending would be Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam.
Here’s a glimpse of their digital population. If taken as a single bloc, SEA’s large population of digital users can stand in comparison with leading global markets like US, Europe and China for all digital activities (internet, social media, mobile and mobile social) :
According to eMarketer, digital ad-spending for these 6 countries will increase by double digits in 2017 and 2018 while mobile ad spending will more than double during the forecast period surpassing $2.20 billion and accounting for nearly 69% of digital ad expenditures by the year 2021.
Heavy Smartphone Adoption Spurs Mobile Commerce Growth
Thanks to heavy smartphone adoption, Indonesia, Philippines and Vietnam will see the strongest growth in mobile ad spending among SEA.
Why are companies willing to invest so much moolah into mobile ad spending in SEA? Because the region has such a HIGH volume of mobile users which presents a HUGE opportunity for mobile commerce, hence the massive amount allocated for mobile ad spending.
Mobile commerce is skyrocketing in South East Asia as more consumers there are getting more familiar to spending online with their mobile devices.
With such tremendous ecommerce growth opportunities, many online businesses have been scrambling to improve their mobile site experience and to ensure that their business is omni-channel to cater to the growing consumer segment from developing countries.
Omni-channel. It means having a multi-channel sales approach providing consumers with a smooth integrated shopping experience.
The customer can be shopping online from a desktop or mobile device where they can easily locate the product from your site or social media with the ability to make payment seamlessly.
With omni-channel, your online business is available and integrated with your brick and mortar (if you have one) where customers can call in to place an order with the phone or complete the checkout process via social media like FB, Twitter, Instagram, etc.
The omni-channel sales experience is crucial to ensure that your customers have a good buying experience be it in person, mobile, desktop and social media.
What Do Businesses Need To Do?
For a start, make sure your online business have a mobile friendly and responsive site so consumers can have a good mobile shopping experience with your site.
Ensure that your business is found on social media like Facebook where visitors can complete their purchase directly in FB without being bounced all over in the checkout process.
If you’re selling items that are :
Fashion related stuff : clothing, accessories, sport wear, eye wear, watches, jewelry, etc
Beauty : skin care, cosmetics
Food & drinks
(I may have missed out some other categories as these are the main ones)
Please have an Instagram and Pinterest account to upload images of your product being worn and used in every day life scenarios to make it easily shareable.
The new generation of mobile shoppers rely on image heavy social media recommendations from friends.
And they love to share and communicate via mobile.
We have a WhatsApp share feature where visitors can easily share your site and product page to their friends on WhatsApp which is great tool for product recommendations.
If you need help getting your online business to be mobile friendly, omni-channel with a good marketing strategy, contact us and we’ll be more than happy to help.
From the team at InstanteStore to you, Happy Selling as you prepare for the holiday shopping crowd.
The fourth quarter of the year is usually the time when retailers go all out to capture the holiday shopping crowd before year end closing. So how big can it possibly get?
Singles Day Keeps Getting Bigger
For China, the biggest online shopping day of the year falls on 11th November, known as Singles Day.
Last year’s Singles Day 2016 smashed sales records when it brought in a total of $17.8 billion in 24 hours. Talk about raining money!
AliPay which is the Chinese equivalent of PayPal processed more than a billion transactions on that day alone while Alibaba’s logistics arms Cainao helped deliver 657 million packages!
The whole of China and the surrounding region went online shopping that day with Jack Ma laughing all the way to the bank!
But What About Black Friday And Cyber Monday?
To put things in perspective, last year’s Black Friday sales brought in $3.34 billion. Mobile accounted for $1.2 billion out of the $3.34 billion showing a 33% increase compared to the year before.
Cyber Monday sales netted in $3.45 billion with $1.07 billion done via mobile shopping.
Not even HALF of what Singles Day brought in within 24 hours.
Will Black Friday 2017 exceed last year’s records? Or will Cyber Monday 2017 blow everyone’s expectations?
Mobile Shopping Continues To Rise
What we can notice clearly is that more and more consumers have been using their mobiles to buy online.
Mobile shopping alone accounted for 82% of sales for Singles Day. That’s about $14.6 billion worth of sales transactions made via mobile in one day alone!
The Chinese would have made the mobile shopping experience buttery smooth to be able to chalk up those figures. It also shows the spending power of the Chinese.
Let’s not forget the huge amount of logistics and integrated courier and transportation service involved to move $17.8 billion worth of goods within a few days after the dust settles! Talk about efficiency.
Is Your Site’s Mobile Shopping Experience Ready For The Holiday Crowd?
This year, Black Friday falls on 24th November 2017 for the long Thanksgiving weekend.
Singles Day 2017 precedes Black Friday on 11th November 2017 which given the amazing track record they’ve been experiencing looks like it’ll get even bigger.
So is your site ready for the holiday shopping crowd?
Is Your Site Mobile Friendly And Responsive?
Some key questions to think about.
Is your site mobile friendly and responsive? Not sure?
If it isn’t, let us know and we can help move your existing site to our FREE mobile friendly and responsive templates for existing merchants.
If you’re using a different ecommerce platform that’s not mobile friendly, we can migrate your site over and make it mobile friendly and responsive for a small fee.
When it comes to mobile shopping, a mobile friendly and responsive site makes it easier and faster for visitors to select your products and checkout.
Is Your Site’s Checkout A Turn Off?
Having a mobile friendly and responsive site doesn’t guarantee sales.
Especially if your mobile checkout process looks like multiple pages for visitors to fill up on their mobile screens.
Coupled with a lag in data connection speed or time outs will definitely result in a lot of abandoned carts.
Check your mobile checkout process to ensure customers only have to fill the necessary information on one page to complete their purchase.
It needs to look and feel easy and fast to use.
If you need help with your mobile checkout, please contact us as well.
Got Your Special Offers Ready?
People love to snag a good bargain but what’s the point if it’s out of stock or the item they want does not have the color, size or type that they want to buy?
We have a Notify Me When Stock Becomes Available feature which allows customers to enter their details so the moment stock returns, you’ll be able to notify them knowing that they wanted to purchase the item.
It’s a good initiative to communicate as quickly as possible with the customer. Let them know when stock will be back and if you can maintain the same special pricing offer, am sure they’ll return to complete the purchase.
Time is ticking. Make the most of it.
So whatever special offers that you’re planning to throw out, make sure you have a backup plan for it if it runs out of stock as you want the same customers to come back to buy from you.
WhatsApp Mobile Share Feature
This feature makes it EASY for anyone who wants to share your product or site with their Whatsapp contacts.
Kind of like when you find something AMAZING and you can’t wait to share it with your friends via Whatsapp.
If you need this activated for your store, click here to find out how to do it.
Regardless on whether you’re targeting the holiday shopping crowd or not, your site needs to be mobile friendly and responsive coupled with a smooth and fast mobile checkout.
As more consumers embrace mobile shopping, you’ll need to make sure that your site is both appealing on mobile and provides a good shopping experience to consumers.