Friday, April 6, 2018

11street (www.11street.my), is celebrating its third birthday this April


11street (www.11street.my), is celebrating its third birthday this April and they’re commemorating it by giving their customers the best of everything in threes!


Launched in Malaysia in 2015, 11street is now a joint venture between Axiata Digital Services and South Korean e-commerce marketplace provider, SK Planet. As Malaysia’s number two online marketplace, 11street currently has more than 13 million product listings on its platform from over 40,000 sellers.
Hoseok Kim, CEO of 11street


Hoseok Kim, CEO of 11street shared that over the past three years, the company has seen considerable growth in several facets of its business operations, from its products to its sellers. For instance, from 2015 to 2017, the company saw more than 300 percent growth in total gross merchandising volume (GMV).


“We are thrilled to be celebrating this milestone as we are confident that Malaysia is set to see significant advancement of its e-commerce industry in 2018, and 11street intends to be at the forefront of this industry growth as we continue to meet the needs of Malaysian online shoppers and explore ways to enhance the shoppers’ experience,” said Kim.

 11street has also experienced more than 200 percent increase in the total number of sellers registered on its platform, as well as a growth of more than 160 percent in its product listings from 2015 to 2017. The top performing categories include Baby & Kids, Mobile & Tablets and Skin & Personal Care. On top of that, 11street has sold more than 500,000 food & beverage and service e-vouchers in 2017 alone. Of all the purchases made by Malaysians from the platform, the top selling products include the car cameras and photo books as well as movie and petrol vouchers.


Beyond this, 11street’s findings also revealed that in the past three years, more shoppers start to make online purchases for Automotive, Home D├ęcor, Smartwatches & Wearables and Women Jewellery & Accessories. These categories are regarded as the fastest growing categories by the number of orders placed at 11street. Meanwhile, some of the top performing brands are namely Firefly, Laneige, Petronas, Samsung, and Unilever. Besides that, the findings also uncovered the top three countries with the best-selling products, translating into the most number of orders from Malaysian shoppers, which are China, Korea and USA.


Kim added, “We don’t plan on slowing down any time soon! But, apart from the volume of sellers registered with the online marketplace, the company has been and continues to be dedicated to improving the quality of its sellers through its seller development programs, Seller Zone and the 11street Academy - the nation’s first certified e-commerce certification programme.”


“We’re also grateful to our customers for their continued support and loyalty throughout the years. In 2018, we continue to be committed to enriching the Malaysian daily lives by bringing consumers a wide variety of products from specialty items to everyday necessities, at competitive prices.”

To mark its third birthday and all the milestones that have been achieved thus far, 11street will be sharing its success by offering its customers mind-blowing deals, exciting contests and a whole load of prizes and giveaways worth RM50,000 that are up for grabs.


I love online shopping, do you know that from the 1st to the 13th of April, 11street is kicking off its Birthday Flash Sales that offers online shoppers products starting from RM3 and to top it all off, the platform is also launching an International Clearance Sale which offers express delivery within 7 days for all featured products from Korea. It might be 11street’s third birthday, but it’s a party for everybody!



Wednesday, February 14, 2018

Wang with Shopee this Chinese New Year

In line with the upcoming Chinese New Year and also the growing popularity of e-commerce in Malaysia; Shopee, the leading e-commerce platform in Southeast Asia and Taiwan, has observed a 32% increase in the volume of Malaysians searching for items on Shopee throughout this festive period. Since the launch of the Wang with Shopee campaign on 15 January which offers discounts of up to 90% and contest prizes worth more than RM1 million, many more Malaysians are turning to Shopee to shop for their Chinese New Year necessities.

“Shopping activity usually peaks during periods leading up to festive occasions, and Chinese
New Year is no exception. This year, we noticed a huge spike in the number of online searches
on Shopee leading up to Chinese New Year, which indicates an increasing trend of consumers
opting to shop online for their festive purchases. This is a good sign, and is in line with the
government’s initiatives to drive forward e-commerce in Malaysia. Shopee provides users a fast,
convenient and secure platform to shop on, and with our Free Shipping across Malaysia and
Zero (0) Commissions incentives, Malaysians can enjoy great convenience and cost-savings
when shopping with us,” said Ian Ho, Regional Managing Director of Shopee.

The most popular Chinese New Year searches in 2018 fall under the following categories:
Women’s Clothing; Mobile &Gadgets; Toys, Kids & Babies; Women’s Shoes and Women’s Bags.



No Category Top Searches by Keywords
1 Women’s Clothing Blouse, Jeans, Maxi Dress, Mini Dress, Cheongsam
2 Mobile & Gadgets iPhone, Samsung, Smart Watch, Xiaomi
3 Toys, Kids & Babies Girls Clothing, Boys Clothing, Baby Clothing, Tommee Tippee
4 Women’s Shoes Shoes, Sport Shoes, Wedges, Sandals
5 Women’s Bags Sling Bag, Bag, Purse, Backpack

 
The most popular purchases made by Malaysians this festive season:
No Category The Most Popular Items Sold
1 Women’s Shoes Open-toe Heels
2 Toys, Kids & Babies Baby Clothing Set
3 Home & Living Tupperware Gift Set
4 Health & Beauty Eye Makeup CNY Bundles
5 Groceries & Pets Special Edition KitKat

Enjoy attractive discounts and promotions across a wide variety of products with the Wang with
Shopee campaign, which is ongoing until 25 February. With over 6 million products sold by
more than 200,000 sellers on Shopee Malaysia, shoppers will definitely be able to fulfill their
festive shopping needs. Additionally, users can play the Fortune Ang Pao Game to stand a
chance to win Golden Tickets and a grand prize of RM8,888 in cash.

Following after, Shopee will be launching the Pay Day Campaign from 26 to 28 February, which
will feature even more great deals across leading brands including the Shopee’s Laptop Fair
with popular brands such as Acer, ASUS, Dell and Lenovo.

Don't just read here, lets download Shopee app for FREE via App Store or Google Play.


#WangWithShopee