Start Dropshipping in Malaysia with Oberlo!
Discover everything you need to easily run your online dropshipping business in Malaysia. And it’s free!
Why Start a Dropshipping Business in Malaysia?
It is projected that in 2020 the Malaysian eCommerce market will amount to US$4,337m. Revenue is expected to grow a whopping 8.4 percent to US$5,5995m by 2024. This steady growth indicates that dropshipping in Malaysia is a good business move for both new and existing ecommerce stores. User penetration is much higher than in neighbouring countries like Cambodia, Vietnam, and Thailand so if you already operate in these countries, bringing Malaysian into your territory could be a great idea.
Similar to the Philippines, electronics is the biggest ecommerce segment in Malaysia but clothing and toys are huge revenue earners also. Spending an average of eight hours and 27 minutes online per day in 2018, online marketing and advertising are effective ways to get to this audience. With Facebook as the most popular social media platform, dropshipping in Malaysia can be an extension of your existing marketing strategy, rather than a completely new endeavour.
Why Dropshipping is Better Than Wholesale in Malaysia
Dropshipping allows you to enter a new market while keeping costs and risks low for you. It is risk averse and an affordable alternative to wholesale because you only pay and order products from suppliers when your customers make purchases. With Oberlo, dropshipping can be even easier as most of the work is automated — you can do it yourself with little need for help until you start to ramp up sales.
Dropshipping also reduces costs like warehousing, packaging, and shipping as your supplier looks after these things for you. With the option of ePacket shipping you can guarantee fast delivery at low costs. Dropshipping in Malaysia is a great opportunity to test new products that you think your market might be interested in. It is an excuse to really understand your audience and what they need. If you are unsure about what to start selling check out our What to Sell Online article for inspiration.
Payment Gateways in Malaysia
- Coinbase Commerce
- eMerchantBroker (EMB)
- ePay / Payment Solutions
- eWAY Rapid 3.1
- Payment Express PxPay
- PayPal Express Checkout
- PUT IT ON LAY-BUY
- Splitit Monthly Payments