In the wake of digitalization, coupled with the COVID-19 pandemic, Malaysia’s e-commerce market is estimated to grow by 24.7% in 2020 and even higher in upcoming years. If you’re an aspirant entrepreneur, the online marketplace is full of opportunities for you to start your own business. You don’t need to reinvent the wheel; jump on the bandwagon by finding the right product to sell and generate profits online.
Here are some top-selling items in the online marketplace in Malaysia.
Apparels, footwear, and accessories
Fashion products, mainly apparel, footwear, and accessories, are one of the hottest selling products online globally, and the Malaysian e-commerce market is no exception. You can find thousands of products and niches to start your online business, ranging from beautiful dresses to footwear. Fashion accessories include bags, cosmetics, jewelry, and more. You can expect to earn a good profit margin on these items.
Diapers
When thinking about starting your entrepreneurial journey, selling diapers might be the last thing that comes to your mind. However, it can be your ticket to your online empire. Diapers are one of the most popular products sold on Lazada and other online marketplaces. Busy parents find it more convenient to buy diapers in the comfort of their home. You can buy diapers in bulk quantities and sell them online to earn a good amount of money online.
Watches
Watches are one of the most desirable accessories that serve as a strong fashion statement. They also make a popular gift item that people buy online. You can build an online store with a premium theme and sell attractive, good-quality watches to earn excellent profits. Use social media marketing to maximize your sales. You can also tap into the smartwatch market, which is very popular among millennials. Moreover, wooden watches are also trendy in Malaysia. Speaking of wooden watches…
Woodcrafts
Malaysia tropical forests offer ample wood that’s converted into beautiful furniture, ranging from beautifully made wooden tables to kitchen utensils. Twisted walking sticks, dagger handles, and engraved panels are some of the most popular online products. Malaysian artists are known for their excellent artistry and craftsmanship worldwide, so that you can expect orders from around the globe, so make sure your online store has an integrated payment gateway.
Portable electronic devices
Online shoppers’ love for portable electronic devices can be profitable for you. Electronic items like power banks, USBs, storage devices, etc., are top-selling items on online platforms. These products are relatively inexpensive, hence sold in large volumes. If you have a low budget, you can buy small portable electronic devices and sell them online to raise more capital and grow your business quickly.
Build an online store with SmartSeller
SmartSeller’s online store builder allows you to make your own online store without any hassle. Our professional store templates come with a user-friendly interface and allow you to make responsive websites to start your online business. Furthermore, our online store website builder comes with plenty of smart features, including easy online payment integration and various marketing tools to help you find success online. Our pricing plans start for as low as $4.90 per month. Get started today!