Ecommerce Archives - Corsiva Lab Malaysia https://www.corsivalab.com/my/category/ecommerce/ Tue, 21 Dec 2021 07:52:55 +0000 en-US hourly 1 https://wordpress.org/?v=6.2.5 https://www.corsivalab.com/my/wp-content/uploads/sites/10/2021/12/cropped-favicon-32x32.webp Ecommerce Archives - Corsiva Lab Malaysia https://www.corsivalab.com/my/category/ecommerce/ 32 32 Productivity Solutions Grant for eCommerce Business https://www.corsivalab.com/my/productivity-solutions-grant-for-ecommerce-business-2/ Tue, 21 Dec 2021 07:56:45 +0000 https://www.corsivalab.com/my/?p=516 Being technologically ahead is not about having the most expensive equipment and the fanciest setups. It’s not all about the aesthetics and high prices when it comes to technology. Starting off your technological journey can be as simple as automating existing processes in your company to improve your overall productivity! Improving business productivity is the […]

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]]> Being technologically ahead is not about having the most expensive equipment and the fanciest setups. It’s not all about the aesthetics and high prices when it comes to technology. Starting off your technological journey can be as simple as automating existing processes in your company to improve your overall productivity!

Improving business productivity is the goal of the Productivity Solutions Grant (PSG). The PSG aims to support companies keen on adopting IT solutions and equipment to optimize business processes!

Think you fit the criteria? Learn more about the Productivity Solutions Grant below!

Productivity Solutions Grant Coverage

Businesses that include provide support to various industries. These industries include construction, food, landscaping, logistics, precision engineering, and retail industry are covered by the Productivity Solutions Grant. Nonetheless, for different sectors and for non-sector-specific industries, PSF can also provide various support such as data and inventory analytics and tracking and customer management. Adopting solutions that cut across most industries is also something that PSG supports!

Innovating from both the micro-level and macro-level not only ensures that your processes become more efficient—but they also ensure that your clients won’t have to face any delays when asking for your services. As long as your IT solution increases the efficiency of a process, the productivity solutions grant will cover it!

Supporting Innovation

The productivity solutions grant isn’t just supporting companies that can think of a means to boost productivity, but they also encourage innovation. Providing resources to those who can improve the way multiple industries function is the goal of the PSG.

Various government agencies have pre-scoped these IT solutions—some examples are Enterprise Singapore, the National Environmental Agency (NEA), and even the Singapore Tourism Board (STB)!

Encouraging Going Digital

The recent enhancement of the productivity solutions grant is the stepping stone towards getting most, if not all, enterprises to go digital. Encouraging enterprises to continue their pursuit towards digitalization will do wonders towards the progression of business efficiency in the future!

Through the continued upgrading efforts of companies to further optimize their workplace productivity using technology, more and more methods to boost efficiency will be developed. With the maximum funding support of PSG being raised to 80% the realm of opportunities has only become wider and easier to explore.

The merit of digitizing aspects of what keeps a company going is incredible. Keeping data has suddenly become more relaxed while also being safer. Managing appointments and managing client information has become seamless. Even getting access to company analytics on sales, productivity, or efficiency has become smooth and hassle-free!

Productivity Solutions Grant Eligibility

Gaining eligibility to apply for the productivity and solutions grant is quick and hassle-free. As long as your SME can meet the criteria listed below, they can apply for PSG:

  • Your SME must be registered and operating in Singapore
  • The SME must have a minimum of 30% of the local shareholding
  • The company’s group annual sales turnover must be less than S$100 million
  • Must have less than 200 employees (for specific solutions only)
  • The purchase, subscription, or lease of IT solutions or equipment can only be put to use in Singapore

Eligible employers who also fit the criteria listed below have the opportunity to qualify for additional subsidies under the Skills Future Enterprise Credits (SFEC) scheme:

  • Must not have been able to qualify for SFEC at any earlier periods in their career
  • Contributed S$750 minimum for Skills Development Levy over the period in which they qualified
  • Employed three Singapore Citizens (SCs) minimum or Permanent Residents monthly over the qualifying period

If you fit any of the criteria mentioned above, you will be eligible to apply for the productivity solutions grant!

Applying for the Productivity Solutions Grant

Once you verify that your company is eligible to apply for the productivity solutions grant, all that’s left to do is go ahead and sign up. Here are the steps that you might need to take when applying for the productivity solutions grant:

  • Visit the GoBusiness Gov Assist website
  • Browse the list of supportable solutions and find out which relevant solutions suit your business needs
  • If you’re in need of IT solutions, get a quotation from a pre-approved vendor
  • If you’re in need of tech and equipment, you have to source for the equipment and get a quotation from the vendor
  • Submit your application for the PSG on the Business Grants Portal (BGP)

Be sure to register for a CorpPass account for full access to the transaction processes on the portal!

Step by Step Guide to Applying for a Productivity Solutions Grant

  1. Using your CorpPass account, log in to the BGP.
  2. Go to the “My Grants” tab and select “Get a new grant.”
  3. Afterward, select your business sector and the grant type you want to apply for (make sure to choose a sector that best describes your business!)
  4. Check if your business is eligible and hit “yes” if you meet the criteria
  5. Fill in the details for the primary contact person and the letter of offer addressee details.
  6. Fill up your proposal by indicating whether you need equipment or an IT solution, select the vendor and details of the solution, and fill in the deployment location (don’t forget to upload the quotation from the vendor by clicking “select files”).
  7. Indicate the cost of the project.
  8. Explain the business impact that the proposal will have. Elaborate on the overall positive results that this will have on your company and the productivity gains.
  9. Review your application.
  10. Read through the consent & acknowledgment.
  11. Accept the terms of consent and click “submit.”

Companies can request more than one Productivity Solutions Grant application based on what their business needs. However, companies are limited to one package per solution category for one deployment location. If a requested IT solution is attempted for deployment at the same location more than once—the application will be subject to rejection.

Productivity Solutions Grant—Helping Businesses Evolve

The Productivity Solutions Grant is a step in the right direction for businesses around the world. Incentivizing companies to keep their processes digitized and efficient will improve their overall productivity by a large margin!

At a time like this, when technology is everything, keeping up with the trend and adapting is what will keep your business thriving.

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]]> Your Productivity Solutions Grant Questions, Answered https://www.corsivalab.com/my/your-productivity-solutions-grant-questions-answered/ Tue, 21 Dec 2021 07:55:46 +0000 https://www.corsivalab.com/my/?p=520 The Productivity Solutions Grant is a grant that supports companies whose goals are to adopt IT solutions and equipment to enhance their business processes. PSG is an amazing way to help kick-start your technology journey. You can do this by taking simple steps to automate already existing processes and improve productivity for businesses not only […]

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]]> The Productivity Solutions Grant is a grant that supports companies whose goals are to adopt IT solutions and equipment to enhance their business processes.

PSG is an amazing way to help kick-start your technology journey. You can do this by taking simple steps to automate already existing processes and improve productivity for businesses not only in Singapore, but possibly the entire world.

PSG covers both sector-specific and cross-industrial solutions. These range from a lot of sectors from retail, food, and logistics, to customer management and data analytics.

If you’re reading this article, you’re most likely interested in the Productivity Solutions Grant and you have a lot of questions. Well, fret not, because we’ll be discussing all the commonly asked questions regarding the PSG from what it covers, who qualifies, how to apply, and more.

QUALIFICATIONS

Who Is Eligible for the Productivity Solutions Grant?

All businesses that are registered or incorporated in Singapore with at least 30% local shareholding are eligible for the Productivity Solutions Grant.

The company must also have a Group Annual Sales Turnover of not more than S$100 million and a Company’s Group Employment Size must not be more than 200 workers. The purchase, lease, or subscription of the Equipment or IT Solution must be used in Singapore.

Who is not eligible for the Productivity Solutions Grant?

All companies that do not fit the criteria as stated above. Also, all companies that have made any payment to a supplier, vendor, or third party in relation to the purchase, lease, or subscription of the IT solution or equipment.

Companies that signed any contract with a supplier, vendor or third party in relation to the purchase, lease, or subscription of the IT solution or equipment are also ineligible for the Productivity Solutions Grant.

Charities, Institutions of Public Characters (IPCs), Religious Entities, Voluntary Welfare Organisations (VWO), Government agencies and subsidiaries are also ineligible for the PSG.

COVERAGE

What Does the Productivity Solutions Grant Cover?

The Productivity Solutions Grant covers sector-specific solutions from retail, food, logistics, construction and landscaping, and precision engineering. It also covers cross-industrial solutions such as customer management, data analytics, inventory tracking, and financial management.

A full list of pre-scoped services are available here:
https://govassist.gobusiness.gov.sg/productivity-solutions-grant/

Can Unlisted IT solutions and/or Vendors that are not Pre-approved be Supported?

Unfortunately, only pre-scoped packages indicated in the list are supported. However, since PSG aims to facilitate quick adoption of proven productivity solutions that are recommended by sector-lead agencies, new productivity solutions are constantly reviewed and the list constantly gets additional solutions available.

As for equipment solutions, since there is no pre-approved vendor, the equipment must meet the minimum specifications indicated.

What is the Annual Grant Cap for PSG?

Each company supported by ESG is able to receive an annual grant cap of S$30,000 for supported solutions yearly from April 1st of until March 31st of the following year.

What Happens When The Grant Cap is Fully Utilised?

Companies that fully utilise their grant caps will no longer be eligible for further support during the validity period of the grant cap. If they wish to do so, they may reapply for new solutions during the next period when the grant caps are refreshed.

Taking this into account, companies are highly encouraged to plan the use of the PSG for their purchases accordingly.

EQUIPMENT & IT SOLUTIONS

What Costs are Supported for Adopted Equipment/IT solutions?

The purchase, lease, and hire cost of the pre-approved equipment or pre-approved IT solution package is the only supported cost unless stated otherwise. Related administrative fees or charges, like delivery fees and installation fees are not included.

Can the equipment or IT solutions be used for the company’s subsidiaries or other parties?

The equipment or IT solutions must only be used by the applying entity and not by any related party.

How long should the purchased equipment or IT solution be held?

The equipment or IT solution is subject to a holding period of one year from the date of final claim disbursement.

APPLICATIONS

What Should I Do Before Applying

Before applying for the Productivity Solutions Grant, the company will have to do the following.

1. The company must visit GoBusiness Gov Assist by clicking the link below to access a list of supported solutions and to identify relevant solutions that they plan to procure

https://govassist.gobusiness.gov.sg/

2. The company must obtain unsigned quotations from the vendor. IT solutions and vendors that are pre-qualified are listed under the grant.

3. The company must ensure that they have not signed any contract or made any payments prior to the submission of the PSG application.

How do I apply for the Productivity Solutions Grant?

After going through the steps listed above, the company will need to be registered and must set up a CorpPass account in order to apply for the grant. Simply state whether you’re the registered officer, admin, or user and proceed with the prompts to register.

After registration, you must follow the five simple steps as indicated on the Business Grant Portal (BGP):

1. Click on the “Get New Grant” button

2. Answer three questions pertaining your project

3. Fill out the application form and click on the “Submit” button.

4. Track the status of your application.

5. Accept the Letter of Offer

For a more in-depth and step-by-step- guide, click here

How Many Productivity Solutions Grants Can A Company Apply For?

Although companies can apply for more than one PSG, depending on their business needs, support will only be extended for one package per solution category per deployment location.

The purchase of one equipment unit or an IT solution per deployment is supported. Likewise, the subsequent purchase of another equipment unit or another IT solution but for deployment at another location is also supported.

Please note that if an applicant applies subsequently for the same IT solution or the same equipment to be deployed at the same location, the application will be subject to rejection.

How Long is the Processing Period?

Applications will be processed within 4-6 weeks from the date of submission of all required information. However, due to the COVID-19 pandemic, delays of 1-2 weeks are to be expected.

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]]> Small Business Singapore Grants and Why You Need to Apply https://www.corsivalab.com/my/small-business-singapore-grants-and-why-you-need-to-apply/ Tue, 21 Dec 2021 07:52:44 +0000 https://www.corsivalab.com/my/?p=533 Grants in Singapore for Small and Medium Enterprise (SME) are a great way to kick-start businesses again or keep currently running businesses afloat. COVID-19 has caused rising unemployment and consumer spending decline, and with job losses and a decline in consumer spending, businesses have been struggling, and the competition is harder than ever. Over the […]

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]]> Grants in Singapore for Small and Medium Enterprise (SME) are a great way to kick-start businesses again or keep currently running businesses afloat.

COVID-19 has caused rising unemployment and consumer spending decline, and with job losses and a decline in consumer spending, businesses have been struggling, and the competition is harder than ever. Over the past few months, a lot of businesses closed down due to difficulty in sustaining their costs.

As COVID-19 cases begin to wane and businesses begin to reopen, they’re going to be needing all the help that they can get. Applying for grants provides businesses with the much-needed leverage they can to sustain themselves.

COVID-19 Supper Measures

In April, 8,500 businesses closed down in Singapore. More businesses are closing down because of the recession. As a result, Singapore introduced additional support measures to help keep businesses afloat during these times.

Through the S$33 billion Fortiture Budget, Deputy Prime Minister Heng Swee Keat introduced additional support measures. Most of these target SMEs and aim to help them survive COVID-19. The government, alongside Unity, Resilience, and Solidarity Budgets, is allotting S$100 billion.

Why You Need to Apply for Grants Singapore

Owning and managing a business isn’t an easy task, and thank’s to COVID-19, it’s become so much harder. A lot of businesses are closing down, and the remaining businesses around are having a hard time competing with each other because of the decrease in consumer spending.

The SME Grants Singapore is a great way to give your business an edge. There are several grants for specific sectors like the Market Readiness Assistance (MRA) Grant, designed for Small and Medium Enterprises that plan to scale overseas, Specialised Cleaning Programmes, or even Productivity Solutions Grant (PSG) that’s intended for IT solutions and equipment needs.

Applying for these grants provides you with benefits like support for overseas market set-up, identification of overseas business partners and overseas market promotion, or even up to S$3,000 worth of eligible third-party professional cleaning and disinfection costs. With these in hand, it will be easier to start or reopen your business.

What Do I Apply For Small Business Singapore Grants?

As of the moment, there are five options for Grants in Singapore for Small and Medium Enterprises (SME).

1. Specialised Cleaning Programme

This program supports Small and Medium Enterprises that have confirmed COVID-19 cases within their premises. The grant defrays 50% of the disinfections costs at a cap of S$3,000 per company.

Criteria for eligibility:

  • Business must be registered/incorporated in Singapore
  • Group Annual Sales Turnover of not more than S$100 million; OR Company’s Group Employment Size of not more than 200 employees
  • At least 30% of local shareholding

Applicants are recommended to refer to the National Environment Agency’s website for a list of eligible cleaning companies that carry out disinfection works.

2. Market Readiness Assistance (MRA) Grant

The MRA grant is a good option for Small and Medium Enterprises (SMEs) that want to take their businesses overseas. Since Singapore is a relatively dense and small country, there might not be as much market as businesses are hoping for, and the MRA helps them achieve their overseas goals.

The grant covers:

  • Overseas market promotion coverage at a cap of S$20,000
  • Overseas business development coverage at a cap of S$50,000
  • Overseas market set-up coverage at a cap of S$30,000

Criteria for eligibility:

  • Business must be registered/incorporated in Singapore
  • At least 30% of local shareholding
  • Newmarket entry criteria, i.e., target overseas country whereby the applicant has not exceeded S$100,000 in overseas sales in each of the last three preceding years
  • Group Annual Sales Turnover of not more than S$100 million; OR Company’s Group Employment Size of not more than 200 employees

3. Land Productivity Grant (LPG)

For businesses reopening businesses, they might want to relocate and look for better and more sustainable areas. The LPG covers part of the initial relocation cost and is one-time contribution support.

The grant covers:

  • Relocation costs (i.e., moving existing plant and machinery to the new site)
  • Manpower cost of the project manager or Singapore-based staff.
  • Third-party consultancy fees for market and location feasibility studies

Accordingly, the Land and Productivity Grant Singapore supports:

  • Domestic Relocation
  • Immediate Region Relocation (Iskandar Malaysia and/or Batam, Bintan, and Karimun in Indonesia)
  • Relocation of existing operations
  • Production model restructuring.

Criteria for eligibility:

  • Business has to be physically present and registered in Singapore
  • Business has to be currently situated on industrial land
  • Company must demonstrate strong linkages from the relocated activities to the activities carried out in Singapore for overseas relocation
  • Business must generate a minimum of 0.1 hectares (ha) of land savings

4. Enterprise Development Grant

Another great option for the overseas venture is the EDG. This grant helps businesses innovate and strengthen through their three pillars:

  • Core Capabilities
  • Projects under core capabilities help them prepare for growth and improvement by strengthening the business foundations.
  •  Market Access

Criteria for Eligibility:

  • Business must be registered/incorporated in Singapore
  • Be in a financially viable position to start and complete the project
  • At least 30% of local shareholding

5. (ESG) Productivity Solutions Grant

The Productivity Solutions Grant is technology favored and aims to support companies needing a kick-start for IT solutions and equipment that enhance their business. It covers sector-specific solutions like food, retail, construction, and even cross-industry solutions like customer management and data analytics.

Criteria for eligibility:

  • Business must be registered/incorporated in Singapore
  • Purchase/lease/subscription of the IT solutions or equipment must be used in Singapore
  • Company’s Group annual sales turnover less than S$100 million, OR less than 200 employees
  • At least 30% of local shareholding

Owning a business has never been harder, and the market has never been more competitive, and now that cutting down costs through Grants Singapore has been made simpler now because of the budget supplements for COVID-19.

With all of these grants readily available for you, there’s no reason why you shouldn’t apply and help ensure that your business is stable and sustainable.

Don’t take the opportunity for granted. If your business qualifies for a grant, apply now!

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]]> 5 Reasons to NCSS Tech-and-Go is Best for Your SSAs https://www.corsivalab.com/my/5-reasons-to-ncss-tech-and-go-is-best-for-your-ssas/ Tue, 21 Dec 2021 07:51:06 +0000 https://www.corsivalab.com/my/?p=767 The pandemic has shifted the way that multiple industries operate. The impact that it has had on our society is staggeringly high, to the point where it has even affected our societal norms and professional practices! With this many changes occurring globally, we are all forced to adapt and try to get back on track. […]

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]]> The pandemic has shifted the way that multiple industries operate. The impact that it has had on our society is staggeringly high, to the point where it has even affected our societal norms and professional practices!

With this many changes occurring globally, we are all forced to adapt and try to get back on track. This includes the Social Service Agencies (SSAs) and non-profit organizations that now have more problems to face.

With fundraising events being hindered, remote work being implemented, and many things being more difficult to monitor than usual, SSAs have to find ways to ensure that they can remain up and running. Luckily, SSAs don’t have to face this problem alone! With the help of NCSS Tech-and-Go, your SSA can rest assured knowing that their digital transition will be a success.

Are you not convinced? Here are five reasons why NCSS Tech-and-Go is your SSAs best option!

What is NCSS Tech-and-Go?

The National Council of Social Service Tech-and-Go initiative is a one-stop tech hub for SSAs that need help going digital. With a plethora of suitable IT solutions that SSAs can effectively utilize, funding, and consultancy, Tech-and-Go has everything your agency needs to go digital.

NCSS Tech-and-Go helps social service agencies adjust to the new normal and increase their efficiency and productivity. With the help of Tech-and-Go, your agency will reach its fullest potential and have no problems with adapting to our ever-changing society!

NCSS Plans Out Everything

From re-opening your agency to putting your IT solutions in action, NCSS carefully plans out every step to ensure success. NCSS and their careful planning are what defines them. The plans and framework they construct keep you informed of each procedure and don’t leave you dark.

A great example of this is the framework they constructed for agencies that want to open up safely during the pandemic. NCSS carefully creates three phases of re-opening that prioritizes health, safety, and efficiency above all else!

The first phase revolves around the resumption of low-risk activities gradually. Anything that requires little to no contact that you can do safely will be slowly re-implemented.

The second phase of the framework for the resumption of activities focuses on a safe transition. Re-implementing a majority of economic and social activities gradually under a set number of regulations. The continuation of said activities can happen over a few sub-phases based on your agency and its current capabilities.

The third phase is the resumption of most, if not all, activities when the pandemic finally subsides and vaccines start rolling around. This plan is only one of many which will assist your company in the future!

NCSS Cares About Your Health & Safety

Workplace safety and health are crucial for NCSS. A healthy employee is a productive employee, which is why Tech-and-Go is adamant about keeping workplace safety at an all-time high for staff and visitors alike.

Not only does NCSS Tech-and-Go provide safety management measures to reduce the risk of transmission, but they also allocate masks, hand sanitizers, thermometers, and PPEs based on your agency’s needs. So in the event in which your agency wants to re-open and serve the public, you can do it safely!

Assisting Agencies in Remote Operation

Working remotely is something that a lot of people struggle with up until today. Transitioning from a proper desk in an office to your home can be difficult for all of us. However, with the help of NCSS Tech-and-Go, continuing your business operations is easy!

NCSS is in partnership with ThunderQuote, which recently released its digital transformation masterclass series. The series provides a step by step guide for SSAs and non-profit organizations to transform their operations digitally!

There are also grants available that support agencies that want to access IT hardware and software. The Tech-and-Go grant, in particular, is open to all NCSS member agencies!

Opening a Realm of Opportunities

The NCSS Tech-and-Go grant opens up an entire realm of opportunities for your agencies to grow and prosper. With the expert help that you receive from NCSS, your social service agency can increase its efficiency and digital productivity by a landslide!

The expert no-quote and one quote consultations that your agency can receive for your IT and digital needs provide you with well-needed insight into your current state and potential. Paired with the funding from Tech-and-Go, transitioning and operating tasks digitally will be a breeze!

The funding from Tech-and-Go can also help agencies upgrade their tech. Tech-and-Go gives agencies the little push that they need to transform digitally!

NCSS Tech-and-Go Breeds Innovation & Unique Practices

The NCSS Tech-and-Go program, above all else, is about finding ways to innovate the way SSAs operate digitally. By incentivizing agencies to optimize their digital processes, we discover more ways to improve how they function.

Prioritizing the areas that your agency badly needs is crucial to improving your company’s overall productivity. Improving data management, adding chatbots for clients and staff’s convenience, and automating tasks can do wonders for your agency’s efficiency!

Tech-and-Go also paves the way to unique practices that improve the quality of life of clients and staff. Things such as making senior or people with disability web pages, finding new uses for space in the office, and optimizing your mobile site can come a long way. Making everyone feel comfortable and making work efficient should be the goal of SSAs when they go digital.

Going digital is no easy task. It requires effort and loads of preparation to pull it off properly, and even then, some things might still go wrong.

The rate at which your agency progresses is entirely all up to you. Adapting is natural for businesses, and whether you want to keep up with the crowd is also your choice.

If you want to be ahead of the crowd and succeed as a social service agency, you have to know when and where to get help. Optimize the way your social service agency works with NCSS Tech-and-Go!

Creating opportunities and helping your agency transition digitally.

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]]> 15 Profitable eCommerce Ideas for 2021 https://www.corsivalab.com/my/15-profitable-ecommerce-ideas-for-2021/ Tue, 21 Dec 2021 07:50:31 +0000 https://www.corsivalab.com/my/?p=762 The business landscape in Singapore has drastically changed due to the rise of eCommerce. As we enter another year of growth for the eCommerce market, it’s high time for aspiring entrepreneurs to start their online businesses. Though it’s easier said than done, the key is to choose the perfect idea that will attract potential online […]

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]]> The business landscape in Singapore has drastically changed due to the rise of eCommerce. As we enter another year of growth for the eCommerce market, it’s high time for aspiring entrepreneurs to start their online businesses.

Though it’s easier said than done, the key is to choose the perfect idea that will attract potential online shopping consumers. Online retail is fast-paced and requires knowledge of the trends that come and go every year. People are buying things on the Internet by the minute or even second, and your goal is to get them to buy your products.

Here are some ideas you can start with!

Computer Accessories

The market for computer accessories has grown immensely because technology plays a big part in our post-pandemic breakout lives. The rise of the gaming community over the quarantine has invited more people to start playing video games.

Start looking around your community and see if you can spot the people you need to attract and set up a social media platform to sell your products. Your patrons would like something durable and budget-friendly, so price and quality will surely work to your advantage!

What to sell: mouses, mousepads, webcams, microphones, speakers, headphones, headphone stands, and keyboards.

Interior Car Accessories

Recently, people have been leaving their houses in the safety of their cars. Car owners will certainly have more time on their hands thinking about the next purchase to upgrade their ride. Think of must-haves an owner would like to make their driving experience comfortable and pleasant.

What to sell: air fresheners, humidifiers, floor guards, charging adaptors, steering wheel cover, back seat pocket storage organizer, and car seat gap plug.

Home Workout Equipment

When people are usually at home, they begin to take action on self-improvement. Before, you had to wait for people to make their New Year Resolutions to commit to working out at home.

Nowadays, it’s a matter of identifying and captivating your market to buy your products. Target the health and lifestyle niche through home workouts and sell yoga mats, exercise balls, water bottles, dumbbells, jump ropes, and hula hoops.

Personalized Vitamins

Capitalize on the health, wellness, and mindset that a lot of people have developed after surviving a public health crisis! Consult an expert for your eCommerce Singapore business to help you pick out safe and quality products. Design a professional-looking platform where your patrons can take an interactive quiz to find the set of vitamins that will help them with their health concerns.

What to sell: Vitamins, Probiotics, Collagen, Protein, and Minerals.

Gardening Supplies

With a lot of free time on their hands, people have been getting their hands dirty and reconnect with nature, and that’s where your eCommerce Singapore business comes in. May it be growing indoor plants, flowering plants, common garden plants, or homegrown vegetables. Explore different options and tools, see if it sells if you sell them in bundles.

What to sell: seeds, pot, potting mix, trowel, rake, branch shears, spray bottle, and shovel.

Pet Supplies

Our companions at home have been receiving a lot of love and attention recently. Shoppers are buying more grooming tools, a variety of food and treats, and wearable clothing items for their pets. It’s best to pick out products that are unique and functional to attract pet owners who would like to pamper their dogs and try something new.

What to sell: Leash, collar, treats, bed, playpen, cage, and toys.

Loungewear

Contrary to popular belief, staying at home is not an excuse to not change out of the clothes from the day before. Sell fashionable loungewear that beats the humid Singapore climate and suits the casual daily Zoom meetings.

What to sell: Shorts, Pajamas, and Shirts in assorted materials.

Skin Care

We associate self-care with skincare and that’s what you, as a business, focus on. As makeup brands capitalize on this mentality, you should, as well. This is an opportunity to join in, and sell these popular products like East Asian skin, along with the trendy multiple-step beauty routines.

What to sell: peel off-masks, facial tools, UV masks, aloe vera gel, and face brushes.

Hair Accessories for eCommerce Singapore Business

If you have been on social media recently, hair accessories are now an essential part of completing one’s outfit! Trendy hair accessories have made their way into the eCommerce industry. These items are relatively easy to sell and there’s a lot of styles you can choose from.

What to sell: hair clips, headbands, scarves, ionic hairbrushes, styling tools, hair extensions, and wigs.

Home Office Supplies

Since last year, workers and students alike were forced to adapt to work from home environments. People have been turning their homes into conducive and comfortable working spaces and they need home office supplies. So, aside from swivel desk chairs and furniture, you can sell decorative and functional items that will surely sell well in your eCommerce shop.

What to sell: clocks, vases, timers, small mirrors, laptop risers, wire organizers, portable desks, and ergonomic furniture.

Smartphone Accessories

When choosing a product to sell in eCommerce Singapore, you might be interested in essential items that don’t take up a lot of space such as smartphone accessories. As such, it would help to be an online shop that has all the accessories so people are more likely to buy bundles products from you.

What to sell: earphones, pop sockets, stands, tripods, phone cases, smartphone lenses, and Bluetooth speakers.

Stationery and Journaling Materials

With a lot of time alone, people have been taking the time to reflect through journal writing or starting a bullet journal. It has grown into a trend among the student and young professional age groups. So, take the cure of influencers and bundle your stationery and journaling items on your eCommerce website.

What to sell: colored paper, stickers, washi tapes, colored pens, pencils, and markers.

Kitchenware

There have been creative innovations to everyday kitchenware; whether in design or functionality, people have been able to customize their kitchens. Your selling point can be a certain design element in your products or trendy, functional products seen in social media advertisements. Find your specific market to attract and start narrowing down your choices from there.

What to sell: multi-functional appliances, teacup sets, glassware, colored ceramics, pots, pans, and baking goods.

Baked Goods

If you have a knack for baking, you can try venturing into baked goods. It’s a versatile kind of food to sell, and your patrons can buy it for any occasion or if they’re craving something sweet. It’s comfort food for everybody, so you don’t have to find a specific market to focus on. Get creative!

What to sell: cupcakes, brownies, cookies, cakes, and buns with varying flavors and added ingredients.

Keep in mind that even with these ideas, what matters the most is you have built a solid business plan to bring your ideas to fruition. Understand the other factors of what makes a successful eCommerce business and know your specific market.

What may have worked for the US or China may not work for Singapore. Trust your gut and equip yourself with enough knowledge and resources, then you’re good to go! Work with a complete and trusted eCommerce Singapore agency today and build your business to success!

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]]> NCSS Tech-and-Go – Everything You Need to Know About it https://www.corsivalab.com/my/ncss-tech-and-go-everything-you-need-to-know-about-it/ Tue, 21 Dec 2021 07:49:50 +0000 https://www.corsivalab.com/my/?p=759 Going online as a Social Service Agency (SSA) can be a daunting task. Especially for Social Service Agencies that don’t have any prior experience in getting their business online. Sitting through different workshops, getting IT consultancies, and capability building can be a lengthy and pricey process that can discourage agencies from going digital. However, with […]

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]]> Going online as a Social Service Agency (SSA) can be a daunting task. Especially for Social Service Agencies that don’t have any prior experience in getting their business online.

Sitting through different workshops, getting IT consultancies, and capability building can be a lengthy and pricey process that can discourage agencies from going digital. However, with NCSS Tech-and-Go (Singapore’s program), going digital can be stress-free and affordable!

The National Council of Social Services’ Tech-and-Go initiative is a one-stop tech-hub that SSAs can go to when in need of advisory, IT solutions, and many more. Get your SSA digital now by learning more about Tech-and-Go down below!

Tech-and-Go Funding

NCSS funding helps SSAs get started on their technological journey along with competitively priced solutions for automating processes and digitizing data. The funding allows social service agencies to take up IT solutions and consultancies for projects without being stopped by a tight budget!

Any MSF funded social service agency or NCSS Tech-and-Go (Singapore’s program) member can apply for the funding. Tech-and-Go opens up a realm of opportunities for SSAs that haven’t gone digital yet. This initiative ensures that your agency doesn’t go broke while making its digital transformation.

The amount your agency can receive depends on what it’s trying to achieve. For pre-scoped IT solutions, your agency can receive up to 80% in funding capped at $30,000. For a large scale IT solution that requires more effort and resources, your agency can receive up to 80% funding capped at $300,000 per project!

However, the funding can only cover specific costs such as laptops, maintenance costs, subscription costs, delivery/shipping costs, user training costs, service charges, design fees, administrative fees, professional fees, digital fundraising services, and goods and service tax (GST). Funding provided by the NCSS will not cover extended warranty fees and bank charges!

Tech-and-Go Consultancy Options

Deloitte Consulting and ThunderQuote work under the NCSS Tech-and-Go (Singapore’s program) to provide consultancy services to SSAs in the Tech-and-Go initiative. Getting a consultation is necessary when you’re trying to transform your social service sector digitally. SSAs have the option of getting a project consultancy or technical advisory!

Gone are the days of having to get a three quote consultation for your SSA to transition digitally. One quote is all you need, and you can even have a no quote consultation for pre-scoped consultancy. Find which consultation option fits your agency the most down below!

NCSS Tech-and-Go (Singapore’s program) Technical Advisory

The technical advisory aims to give your agency a fully funded pre-implementation analysis and advisory of technology that may be relevant for your agency. Through the technical advisory, your agency will know the ins and outs of what you need for your digital transformation.

After the assessment, the consultant will provide one of the following services to your agency:

  • Identify areas of improvement that you can do to existing IT funding applications, cybersecurity, hardware, or digital infrastructure.
  • Recommend that your agency applies under Tech-and-Go funding to start digital pre-scoped IT solutions.
  • Recommend and provide modules for Project Consultancy from Digital Strategy Planning and Digital Implementation Consultancy.

You essentially get to enjoy a fully funded pre-project advisory as a way to support your agency before you begin your IT project. You don’t have to source for suitable consultants as well since NCSS has pre-appointed consultants. Save time and money for your SSA by getting a technical advisory today!

Tech-and-Go Project Consultancy

Project consultancy is for eligible SSAs that require help in planning and implementing any IT projects. Through the digital implementation consultancy or digital strategy planning tracks under project consultancy, achieving success for your project is within your grasp!

You’ll have 80% funding support from NCSS as well capped at $40,000 for pre-qualified consultancy.

3 Stages of SSA Digitalization

Digitalization doesn’t come instantly. It’s gradual and largely depends on the agencies’ digital readiness and current technological needs. SSAs should be prepared to adopt the relevant technology when their agency is ready to move on to the next stage!

SSA Digitalization Stage 1

This stage is all about improving your client’s experience and optimizing your operations. Temperature screening for the clients will be a must, and automated visitor management is essential. Appointment scheduling will also have to occur, and teleconsultation will be utilized to its fullest extent.

The first stage of corporate functions focuses on accounting & HR management, an e-commerce website, email marketing, video conferencing for collaborations, and collaborative tools!

SSA Digitalization Stage 2

Stage 2 SSAs have made the client’s experience seamless. Integrated and scaled operations also mean that most processes and functions in the agency work smoothly.

Facing clients happens through automated outreach and engagement solutions. A digitized reward system for your clients’ good behavior will also be essential. Daily living activities and a rehab device will also benefit the client in achieving a healthier lifestyle.

The use of digital storage for corporate assets, donors, inventory, volunteer management, and other data will boost the agency’s efficiency as a whole. The utilization of e-scheduling and workforce management will be more apparent under stage 2.

SSA Digitalization Stage 3

Stage 3 aims to automate most of the social services that they offer in the specific SSA. Facing clients is incredibly efficient and seamless, with chatbots ready to go at any time and client safety monitoring. The use of robots and AI for client care, education, and cleaning will revolutionize SSAs around the world.

Corporate functions will all be automated. Automation will include the use of chatbots and utilizing robotic process automation for answering staff inquiries and automating simple processes!

Capability Building—Going Digital

Knowing how you can fully utilize the digital landscape is difficult, especially for SSAs with no prior knowledge of transitioning their functions digitally. However, with the help of capability-building courses, you don’t have to worry!

By signing up for any of the courses tailored for the social service sector, you will learn about the ins and outs and how you can navigate through disruptions that you may face in the future! Choose a course that best suits your agency’s needs and goals here.

Getting your social service agency digital is a tough task. But, with the help of NCSS Tech-and-Go, going digital will be a breeze!

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]]> 10 Effective Ways to Use Social Media for eCommerce https://www.corsivalab.com/my/10-effective-ways-to-use-social-media-for-ecommerce/ Tue, 21 Dec 2021 07:48:41 +0000 https://www.corsivalab.com/my/?p=755 For the past two decades, the algorithms of social media platforms continue to change from time to time to adapt to the evolving consumer trends gradually. From the text-based content to more impressive and stimulating visuals, there emerged innovative apps such as Snapchat and Instagram. These are being used as promotion platforms for eCommerce. Entrepreneurs […]

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]]> For the past two decades, the algorithms of social media platforms continue to change from time to time to adapt to the evolving consumer trends gradually. From the text-based content to more impressive and stimulating visuals, there emerged innovative apps such as Snapchat and Instagram. These are being used as promotion platforms for eCommerce.

Entrepreneurs grab hold of the opportunities social media platforms offer as they are perfect for cost-effective product and service promotions to the target clientele. If you still haven’t taken advantage of any of the social media platforms for fear that you might not gain any followers, take note that even cats can earn millions of followers just for being cute. The key is to create a strong social media presence to drive traffic to your page or site, establish a brand image, and generate sales.

Social media is an effective tool to grow your business and increase your profits exponentially. But how do you effectively use social media to boost your business performance? Here are ten tips to help you.

Social media enables you to target your business objectives successfully.

For any project to be successful, you need a goal on which your blueprint will be based on. So you have to set your goals such as the targeted amount of traffic you wish to generate, the number of followers, the rate of engagement, and the expected number of conversions to achieve your targeted sales. You can think of other goals based on your business’ overall objective but make sure your goals should be specified, and set parameters, set your benchmarks so that you’ll know if your time, effort, and money are not wasted in the process.

Use social media to drive traffic to your website.

With social media, you can connect, engage, and establish relationships. With that in mind, you can start driving traffic into your site, which is essential to stir the buying interest of your target clientele and convert that interest into sales. According to research, positive interactions with potential clients and existing customers on social media help you to increase engagement because these people are three times likely to recommend or promote your brand. When people say something nice about your brand, your reach will go farther enabling you to get more connections to increase traffic and leverage sales. You will eventually establish relationships when your customers repeat purchases.

You can promote your brand on social media to boost views, engagement, and conversions.

If you wish to compete within your niche, you need to promote on popular social media platforms such as Facebook and Instagram. Advertisements are paid, so you need to invest in them wisely. By boosting your page, which is connected to your site, you are driving more traffic to increase conversions. Experts say that 94% of companies are now using social media for paid advertisements because of its cost-effectiveness and extensive reach. By promoting on these social media sites using a combination of written content, images, and backlinks to your blogs and/or site, you will be able to reach potential consumers practically.

Communicate real-time with existing and potential clients through social media messaging apps. 

Social media has instant messaging apps that allow users to communicate with family, friends, and even strangers from different parts of the world. In the world of e-commerce, entrepreneurs and their partners exchange ideas through these platforms. More so, they use this practical tool to communicate with their buyers. So take the time to respond to the messages of your clients.

Social media is an effective customer service tool.

Research shows that 88% of customers whose queries and complaints are left unanswered are unlikely to buy the company’s products or services. The worst thing that can happen is that they might leave a bad review on your page or site, which can disengage customers and stain your brand’s reputation. So use social media to benefit your business and maintain a good relationship with your customers by responding to them the best way you possibly can.

Social media lets you extend your connections, including micro-influencers.

Over the years, the internet saw the rise of influencers using social media as a platform for their content. Since they are gaining immense followers, brands have discovered the effectiveness of partnering with them; thus, influencer marketing emerged and has since become the fastest growing marketing strategy for e-commerce.

You can share your visual content on your social media page.

Approximately 80 percent of marketers use high-quality visuals (both images and videos) to engage the target market. In addition, 85 percent of buyers have been enticed to buy products based on videos they have seen. Thus, it is important to create visual content to make your brand more attractive.

You can increase your brand presence on social media by boosting posts.

If the target market likes your content, they are highly likely to comment on them and even share them to increase engagement and extend reach. Your job is to make sure you reach as much target market as possible, which you can do by boosting your posts. Facebook has a feature that allows you to boost your posts to make them visible to more people.

Hashtags are a thing in social media, which you can also use for social commerce. 

Organic presence can be increased if you use hashtags as it helps you reach users that search specific hashtag terms. Hashtags are a staple on Twitter and Instagram but not so much on Facebook.

Get more sales every day through social media.

The ultimate goal of every online entrepreneur is to generate more sales every day. As long as you continue to patiently improve your brand image, you will attract more buyers. Make use of the tools offered by Facebook, Instagram, Snapchat, and other social media websites to market your products and services to your target clientele.

Now that you are aware of the effectiveness of social media for e-commerce, apply the tips listed above in your daily hustle and observe the improvements in traffic, engagement, and sales conversions. Learn more about eCommerce in Signapore today!

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]]> Asia eCommerce Consumer Product Trends – Top 10 https://www.corsivalab.com/my/asia-ecommerce-consumer-product-trends-top-10/ Tue, 21 Dec 2021 07:47:32 +0000 https://www.corsivalab.com/my/?p=746 There was a time when eCommerce Singapore and in any other country wasn’t as famous and spontaneous as it was today. At that time, most eCommerce businesses usually identified their products in two classifications. Specifically, your product was either a commodity, which is the more common, essential, and popular goods or services that are highly […]

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]]> There was a time when eCommerce Singapore and in any other country wasn’t as famous and spontaneous as it was today. At that time, most eCommerce businesses usually identified their products in two classifications.

Specifically, your product was either a commodity, which is the more common, essential, and popular goods or services that are highly demanded and are highly saturated, or it was a niche, personalized, one-of-a-kind, unique product that cost relatively more.

Niche products are arguably the more sought out and most likely to trend products. However, as of the moment, things are more complicated than that, and there are a lot more factors you have to take into account for your eCommerce Singapore business to flourish. To succeed in the eCommerce business today, you need to have the drive, the marketing skills, and most of all, the right products.

In this article, we’ll be exploring the latter. Selling the right products and services is the most important when it comes to a business, and in this list, you’ll find ten trending consumer product trends that might help your business flourish.

1. Electronic Devices for eCommerce Singapore Business

With the new normal in place, most individuals have begun to feel the need for them to get electronic devices (if they have none) or better or more up-to-date devices that can help them adapt to the status quo.

In this light, laptops, smartphones, and even accessories like keyboards, speakers, mouses, and especially webcams and microphones have been at the top of the trend lately.

Considering that many people are working from home or having online classes instead of physical or face-to-face courses in Asia, it makes sense that they need devices like mics and cameras more.

2. Peel-off Facemask

Believe it or not, one of the most trending beauty products to sell currently are peel-off face masks. They’ve seen an increase in interest across Amazon, Google Trends, Alibaba, AliExpress, and other Asian eCommerce Platforms.

If you still aren’t convinced, according to data from Keywords Everywhere, “peel-off face masks” receive 30,000 searchers per month alongside the term “face peel,” garnering another whopping 27,100 searchers per month. Other variants like “charcoal face mask” receive 41,000 searchers per month, and “facial mask” gets 81,000 per month.

3. Water Bottles

Another surprising trending product is the water bottle. Globally, reusable water bottles in the market are valued at a whopping estimate of $8.1 billion as of 2018. It’s expected to continue growing by a Compound Annual Growth Rate or CAGR of 3.9% up until 2025.

Again with data from Keywords Everywhere, the critical term “water bottles” has been searched at least 103,000 times a month, “reusable water bottles” at 27,100 per month, “sports water bottle” at 14,800 per month, and “custom water bottles” at 22,200 per month. Data from google trends have also shown a steady increase in interest for water bottles, which is indicative of the rise in demand in eCommerce.

4. Wigs

Wigs, for some reason, have been peaking in popularity recently in eCommerce Singapore. The struggle to grow hair longer and the convenience it brings for those that indulge in hobbies like cosplaying or character dressing make it one of the most popular products to sell online.

The order volume for hair wigs and extensions drop-shipped by many suppliers has received thousands of orders, and Google Trends shows a growing number of searchers and high interest in wigs.

5. Face Masks

Do we even have to explain? The new normal arrival has brought about the need to protect oneself, and the face mask was the only solution. The very fact that a few months ago, there was a shortage of face mask supplies implies that there is a high demand for it.

6. Yoga Mats

Yoga and exercise, in general, has also seen an increase lately. Somehow people have wanted to exercise more at home, and this increased the need for Yoga Mats.

Yoga Mats are used by those who practice yoga and even those who want to do exercise on the ground comfortably like pushups, curl-ups, and the kind.

7. Jigsaw Puzzles

Having existed since the late 1700s, Jigsaw Puzzles have seen their relative share of popularity. Still, it seems to be regaining that popularity in a comeback as artists and companies are now exploring creative and fun reimaginations of jigsaw puzzles.

Currently, the term “jigsaw puzzle” averages 823,000 monthly searches and looks to make a comeback in this decade.

8. Board Games

Like Jigsaw puzzles, board games are another similar product that has been around for quite a while. Now that families are getting together a lot more because of the current situation, board games have begun to rise in popularity.

“Board Games” searches 673,000 monthly, “board games for kids” and get 60,500 per month, and lastly, “board games for adults” is searched 33,100 per month.

9. Rugs

Rugs are not-so-surprising yet still surprising trending products. Although other home decors and kitchen decor products are getting more interested lately, rugs have taken the trophy.

According to google trends, the term “rugs” has piqued interest for the first time in five years. Almost all rugs have garnered popularity, but it is up to you to choose what specific rugs you should consider selling. There are a lot of options ranging from braided rugs to area rugs.

10. Stuffed Toys

The last but not the last on this list are stuffed toys. Stuffed toys are expected to trend, taking into account the need to keep our children entertained, mostly since most people are now avoiding letting their children play outside because of the current situation.

However, children are not the only ones enjoying their fair share of stuffed animals. According to vice, 7 out of 100 adults still sleep with stuffed animals. Targeting adults might be a good idea.

Are you ready to build your eCommerce Singapore business and be part of the growing eCommerce industry? If yes, then work with a 360 digital marketing agency that can help you build your brand!

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]]> eCommerce in Asia – How to Start an Online Business https://www.corsivalab.com/my/ecommerce-in-asia-how-to-start-an-online-business/ Tue, 21 Dec 2021 07:46:59 +0000 https://www.corsivalab.com/my/?p=742 The world is suddenly turning over. Online businesses are taking a much larger space in the market. People can either start online businesses or shift/adapt to online businesses instead of the standard brick-and-mortar stores. Asia, in general, is a huge market when it comes to eCommerce platforms. Aside from the giants like Alibaba, AliExpress, and […]

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]]>

The world is suddenly turning over. Online businesses are taking a much larger space in the market. People can either start online businesses or shift/adapt to online businesses instead of the standard brick-and-mortar stores.

Asia, in general, is a huge market when it comes to eCommerce platforms. Aside from the giants like Alibaba, AliExpress, and Lazada, many other eCommerce platforms cater to businesses’ specific needs. With this influx in the eCommerce market, it is good to get involved, but where should one start?

Identifying the Market

The Asian market, like the Asian culture, is a melting pot. Every country, city, and even just the local community has different needs, wants, and preferences that they’re inclined towards. To get started, one should assess who their target markets are. This is essential before settling with a type of business, be it food products, clothing, assorted goods, or other kinds of services.

Does the business plan to accommodate orders throughout the country? Are you a local online business only? Is your company an exclusively online business, or do you have a physical store?

These things are very hard to decide if you do not know who your target market is. Your expected customers are. For context, large companies focus on providing products and services that they are known and good at. This is their approach to ensure that their business flourish. As such, this is the same type of strategy we are applying.

Choosing a Great Product or Service

Now that you have your buyer’s persona and pain points, the next thing is to identify the solution. Ensure that the answer is not an oversaturated market. This allows for an easier entrance, and there aren’t a lot of barriers to entry.

Making sure that that market isn’t saturated is critical for your success. This means that there’s a chance for your to grow and thrive in the industry.

Though there’s competition, you’ll still get a piece of the market cake, which means that operating in your local market is advantageous.

Types of Products You Can Sell Online

There are two common types of products that you can sell online: the commoditized and the niche. Commoditized products are essential or popular goods or services that are usually in high demand but have relatively high supplies.

These are products that almost everyone needs, and they can be physical or digital. However, the drawback in picking commoditized products is that they’re prone to market oversaturation. Meaning, you’ll find yourself competing with a lot of other businesses.

However, for fewer barriers to entry and lesser competition, we recommend you look into niche products. Niche products are often unique, one-of-a-kind, custom-made products that may be personalized for the customer.

The personalized appeal and the uniqueness are some of your competitive advantages. This allows you to price it much higher without having to worry too much. Believe it or not, some of the most popular items bought online are personalized.

Brainstorm the Branding

Branding defines the business. It sets it apart from other companies, and, most of the time, it’s what dictates the sales and the perception of customers towards a business.

Branding used to be simple. The right business name, an attractive logo, and a slogan would have done the job. That is no longer the case today. Businesses have improved along with the changes in the market. There are a lot more factors now that you have to take into account.

Therefore, good branding results in a positive and lasting impression on the customers, ensuring recall and eventually leading to good sales. Identifying your target market is an excellent way to start, but there are other factors you also have to take into account.

Developing a good brand identity goes beyond visuals and other essential marketing variables. As brands, we should focus on our message. We need to send them across using our brand and assets effectively. In this way, we can build meaningful relationships with the customers.

Marketing Your Business.

Visual marketing is an essential strategy. Making your products or services visually appealing makes it easier to catch the attention of your customers. To do this, you need to have adequate product videos, photographs, layouts, and publication materials as part of your marketing strategy.

You can easily transition good visual materials from your online to offline assets or use these as advertisements on different sites. An account or a page is the recommended option as it helps establish your identity as a brand. Also, it increases your reach, and it allows your customers to communicate with you through other platforms. This can also deepen your brand’s relationship with your customers.

Provide Simple Solutions

This last marketing strategy is quite possibly the most important one yet: make it simple. When customers are faced with complicated choices, they might end up deciding that it’s not worth their time could end up choosing to spend their precious money on other businesses. This is dangerous for your business.

Providing simple and easy choices and solutions simplifies the experience. This also guarantees that they won’t be thinking twice about buying from you. Spoon feeding the customer is the best marketing strategy.

Picking Out a Platform

There are so many platforms available for eCommerce nowadays that it’s complicated to choose. One thing to note before deciding is that the Western eCommerce market is different from the Asian eCommerce market. For the most part, options like Instagram Shopping aren’t as effective and are commonly used in some parts of Asia.

So, choose the most common platform in your location, especially in smaller market areas that have only recently begun to embrace the culture of online shopping. Overall, picking out a venue is ultimately your choice, and it all depends on your preferences and the factors that play into account.

These are just some of the basics for starting an online business. If you want to learn more and start your business now, then make sure to work with the best eCommerce agency in the market.

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]]> eCommerce Trends in Asia https://www.corsivalab.com/my/ecommerce-trends-in-asia/ Tue, 21 Dec 2021 07:46:26 +0000 https://www.corsivalab.com/my/?p=738 ECommerce has come a long way, and the growing market has opened loads of opportunities to thrive and gain success. Users worldwide have realized the convenience that eCommerce brings to the table, and its popularity will only grow further down the line! However, the growing market has made some businesses grow lenient. The worst thing […]

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]]> ECommerce has come a long way, and the growing market has opened loads of opportunities to thrive and gain success. Users worldwide have realized the convenience that eCommerce brings to the table, and its popularity will only grow further down the line!

However, the growing market has made some businesses grow lenient. The worst thing you can do as an eCommerce business is getting too comfortable and lowering your guard. Once this happens, more creative and success-hungry businesses will surely overtake you.

Keeping up with the trend is the first ingredient for success, and we’re here to give you a heads up. Here are some trends that you should be looking out for in eCommerce Asia!

The Rise of Augmented Reality

Augmented reality has always been a pretty neat concept. However, up until recently, companies have only been using it to develop games. No brand had used it for travel or online shopping. However, the usage of this technology can change how online shopping and eCommerce works!

With augmented reality, customers can check out the product they’re getting before they hit “add to cart!” This removes the ambiguity that comes with buying items online and makes visualizing what they’d look like in their homes easy. Not a lot of eCommerce Asia businesses have even thought about the idea of adding augmented reality to their websites—so you have the opportunity of being one step ahead of your competitors!

On-Site Personalization

Augmented reality isn’t the only trend that will be dominating the market. Personalized shopping is getting better and better—making online shopping a unique experience for everyone!

Through the use of AI, you can help adjust the suggested products and personalized the items on their home page. Having an experience tailor-made for your users will not only urge them to purchase from your shop, but it will also make their shopping experience a lot smoother!

The lift in revenue that this can have on your business is also fairly substantial, potentially boosting your sales by over 25%! Personalized shopping gives your website an aspect similar to brick and mortar stores and their retail personnel. On-site personalization will surely make even more improvements in eCommerce Asia in the future!

Chatbots & AI

When it comes to personalization and keeping shoppers informed or engaged, chatbots are perfect. Chatbots and AI are perfect for making customers feel attended to while they browse for products they want to buy. Having chatbots respond to questions or even give recommendations based on the customer’s responses would add a level of engagement for your store!

Most customers even prefer having a bot or person to talk to during their session. This preference in chatbots is especially true in eCommerce Asia where response time and engagement are crucial factors to getting sales!

Experts predict that the number of eCommerce websites using chatbots will increase by 70% in the next two years. You better act fast and work on getting a chatbot for your website now before it’s too late!

Speaking of bots, the usage of Artificial Intelligence or AI learning is progressively improving, and businesses can even use them for optimizing pricing and automating discounts. Try to utilize AI as much as possible because the payoff is incredibly worth it!

Mobile Shopping

Providing a smooth mobile shopping experience for your customers is a must if you want your eCommerce business to prosper. The main benefit of improving mobile optimization for your eCommerce site is that you can shop from literally anywhere as long as your customers have their phones with them. Investing in a mobile app is also a great idea if you want to provide the best mobile shopping experience.

Making a responsive and well-optimized mobile site can double your sales. Doubling your sales isn’t an exaggeration either—over 70% of people in the U.S have bought something online using their mobile phones. Most people use their mobile phones when making purchases online—not optimizing your mobile site makes you miss out on thousands of potential customers.

There are more people that own phones than computers—this means that mobile optimization is a trend that you should follow to avoid becoming obsolete. Having a robust mobile site or mobile app will help with your success in eCommerce Asia!

Utilizing Videos

The first thing that people do before they buy something online is watch reviews on Youtube. Taking advantage of the viewership and creating a detailed product review for your items will attract more customers.

Finding creative ways to use videos can potentially make your website more attractive as well. Streaming a video on your homepage or a product page can vastly improve how your website looks. Videos help you captivate your audience and explain your product a lot more thoroughly than images and a description can!

Make sure to keep the videos short, efficient, and high-quality!

Sustainability is Key

Awareness of the Earth’s current state and limited resources is causing people to have a new appreciation for sustainability. Following this trend not only makes your business look better, but it also helps save the Earth in the process!

Using biodegradable packing material, utilizing recyclable supplies, using LEDs that conserve energy, and doing other environmentally-friendly initiatives can go a long way. People will be more inclined to buy from a business that cares for the environment!

Finding ways to take on sustainable practices is beneficial for nature and gives you a competitive edge. Don’t be afraid to show off and tell your customers that you’re taking extra steps to make sure that your operations are sustainable and optimized for the good of the environment!

Keeping Up With The Trend

Trends will always come and go. The way your eCommerce business can adapt to these changes will dictate how much success you’ll get!

Keep your eyes peeled on new trends that may come out in the new year and find ways to optimize the directions above. Try to find the trends that fit your business best, and don’t be afraid to experiment!

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