EasyStore has generated a Gross Merchandise Value (GMV) of RM500 million for its merchant in 2020.
The site aims to streamline operations for merchants by syncing their inventories easily with other online marketplaces, making online stores more organised while saving time and resources with a no-frills process for SMEs.
The easy-to-use website builder that helps businesses set up online stores without requiring technical abilities is also the first eCommerce software as a service (SaaS) provider in the industry to introduce monthly subscription rates for merchants as low as RM59 per month.
“SMEs represent 98.5 percent of business in Malaysia making them a pillar to the economy. However due to the slow digital adoption, many local businesses are missing out on the opportunities presented through online sales which generated over RM 24 billion of Gross Merchandise Value (GMV) in 2020,” Frost Chen, Chief Executive Officer (CEO) of EasyStore said.
Currently, over 80 percent of businesses hosted on the platform are marketing and selling their products to more than one sales channel.
Upon subscription, businesses will have access to an easy to use platform and sync the products to over 13 sales channels into one integrated form.
“This is important to help businesses establish an online presence and centralise their operations. Therefore, integrated systems such as EasyStore can effectively help merchants to keep track of their sales and orders. We believe that efficiency is a crucial aspect when it comes to scaling businesses,” Frost Chen explained.
Besides offering user-friendly solutions to help Malaysian businesses pivot online, EasyStore prioritises merchant experience first through their many onboarding activities with newly-joined business owners.
“We are glad to have helped many businesses find success especially in the wake of COVID-19.