EXAMPLES OF SUCCESSFUL ONLINE BUSINESS STORES ON LAZADA
With the most monthly active users in four of the six regions it covers, Lazada is at the forefront of regional online shopping. Additionally, according to its parent company Alibaba, Lazada has seen a 142% increase in the number of daily active businesses as well as a 97% increase in the number of retailers with a gross merchandise volume (GMV) of over US$10,000 each month.(online business Singapore )
Basically, Lazada is awash with prosperous online firms, providing helpful models for nascent entrepreneurs. Here are ten inspiring tales of successful Lazada stores that you can find motivating if you’re doing eCommerce in South East Asia.
DANGEROUS TRAVELERS(online business Singapore)
A scratchable world map from the UK was the first item offered at Trippy Travelers. Since then, co-founder Michelle Lee has added travel and home accessories to her collection. Her passion for exploration inspired her to create her own brand of children’s colouring books and travel journals.
The former architectural designer, 28, never imagined running an online store. However, she started from scratch and built the company from scratch, selling more than 100 products now and growing it by more than 15 times in just three years.
Singapore shoppers account for the majority of all online orders. However, it also receives sporadic orders from customers in Norway, Australia, and Indonesia. Compared to the initial 30 orders, there can be up to 200 to 300 orders in a single month.
Michelle credits the resources Lazada gave her to reach her customers more effectively for her success. For instance, she can promote three selected products using the Seller Picks tool, which has increased traffic by five to eight times.
QISAHN(online business Singapore)
Qisahn, a retailer of video games, became well-known in the gaming world for offering affordable prices. Soon Qishan, 33, has built a solid online reputation for his nearly-eponymous store when it first went into operation in 2007 and opened a physical location on Orchard Road.
Qishan has more than ten years of expertise, and she is an eCommerce veteran. One tactic for increasing sales is to run joint campaigns on Lazada. For instance, a 2018 campaign resulted in “a big jump in sales for three days,” generating S$178,000 in revenue overall, which is 25 times more than it typically does on typical business days.
THE JEWELRY COLLECTION OF ZERHEA(online business Singapore)
Rhea Marie Madrazo launched two boutiques as a result of her outstanding performance as a Lazada vendor. Her first collection is called Zerhea’s Jewelry.
Rhea formerly served as a waitress in Oman for up to 90 hours a week before working in eCommerce in South East Asia. She didn’t like her job, especially because she didn’t live close to her family.
She went back to her hometown in 2016 to launch a jewellery business. She attempted to import rings, necklaces, pendants, and earrings from Dubai and Saudi Arabia because she was aware that jewellery and gold are less expensive in the Middle East.
Rhea exceeded her own expectations on her first day of work. She placed orders worth P150,000 (about $2,955) at her store. She experienced a surge in jewellery sales that gave her the cash she needed to launch another company within a year.
ZRMM Tire Supply, her brand-new business, offers auto repairs, tyre sales, and auto accessories. Five people are currently employed by Rhea’s Tire.
BIG AND TALL BOUTIQUE
Mayette Jequinto ventured out on a limb and opened an online plus-size clothing store. Sizes ranged from small to large, and she had been selling apparel online since 2005. When she gained weight and began to feel insecure because her clothes no longer fit, she founded Plus Size Boutique.
In August 2018, she launched her new company on Lazada with barely P10,000 (about $194) in funding. Orders continued to come in for the shop, which fared well.
Mayette attributes her achievement to Lazada’s user-friendly selling process and sales-boosting tools. She made P1.3 million (about $25,700) in sales during the platform-wide 11.11 campaign last year. On 12.12, she broke her next shop record with sales of P2.3 million (about $45,500 USD).
Currently, Mayette operates her Lazada business out of a four-story structure in Taytay, Rizal. And she now makes her own clothes items rather than purchasing them from Divisoria.
SINGLE DIGITAL
Adam Chong and Gary Lum started working on Mono Digital as a side endeavour. Since it opened its doors in 2017, the company has quickly grown to be a well-known electronics retailer in Malaysia, providing both men with enough income to rely on it exclusively.
Mono Digital earned RM1,000 (about US$240) every minute and raked in RM1.5 million (around US$361,000) during Lazada’s 2018 11.11 promotion. This led to a sevenfold increase rate in comparison to the store’s largest milestone to yet, its 11.11 sales in 2017.
As a Certified LazStar Academy Trainer today, Gary also shares his expertise with prospective Lazada merchants about South East Asian eCommerce.
HOME DÉCOR BY RAMS
Rams Home Decor, a family-run firm run by Brijest Ratnani, entered the eCommerce Asia market with brazen determination. He had to learn how to expand on conventional retail techniques, thus adjusting to the new environment wasn’t simple for him.
His store was able to quickly and successfully switch to online retail thanks to Lazada’s marketing resources, which included coupons, store décor, and business counsellors.
Rams Home Decor’s 2018 11.11 sales saw a significant increase. It received orders totaling RM86,000 (about $20,688) in the first hour, which is 12 times higher than its typical daily sales. With a 30% rise in target market size since becoming digital, it is currently one of the biggest kitchenware and tableware Lazada vendors.
TUKIYEM13
Prior to becoming an entrepreneur, Riska Wijayanti worked as a teacher and an office assistant. She founded Tukiyem13, an eCommerce company selling Muslimah clothes, in 2017 after feeling too much pressure from her day job.
Currently, Tukiyem13 gets over 5,000 orders each month. Riska has unusually high order volume during Ramadan for her online store. The store’s orders have increased sevenfold thanks in part to sophisticated features like cash-on-delivery and Lazada’s Seller Tools.
STORE TOMTOMO
On Lazada, Tomtomo Store is a well-known retailer of toys and memorabilia related to cars. Adhieto Pratomo, the entrepreneur, claims that the profit at his eCommerce business has increased annually by 25% to 30%.
As one of the major companies in South East Asian eCommerce, Adhieto decided to sell his goods on Lazada. Additionally, he gains higher traffic and sales with the aid of the marketing tools on Lazada’s Seller Centre, which he believes will support the sustained growth of his company.
Source: online business Singapore , how do you start your own business online