Malaysia is a good place to do e-commerce in Southeast Asia because it has a growing economy and a good infrastructure for digital technologies. E-commerce is also becoming more and more popular in Malaysia at a very fast rate. Online shopping is done by up to 16.53 million people, which is about half of the country’s population.
From the numbers above, it’s not hard to see why e-commerce is so popular in Malaysia. So, dropshipping, the new way to do business in e-commerce, has become a good way for aspiring Malaysian entrepreneurs to make money. Compared to other online business models, dropshipping Malaysia is easy to set up, doesn’t require as much money to start, and has fewer risks. But how do you get started with dropshipping in Malaysia? Let’s see what the post says:
Are you ready to begin your dropshipping business in Malaysia right now? Don’t be in a hurry to find out how to start dropshipping in Malaysia for your online business. Read the post carefully first. But before we do that, let’s look at why and why you should start a dropshipping business in Malaysia.
Why Should You Start a Dropshipping Business in Malaysia?
About 25.84 million people in Malaysia use the internet. The number is equal to 80% of its total population. Also, there will be more Malaysians who get cell phones. In January 2023, research showed that out of 32.25 million Malaysians, 40.24 million had mobile subscriptions, 25 million used social media, and 24 million used social media on their mobile devices.
Statista says that the e-commerce market in Malaysia will be worth $4,337 million in 2023. And by the end of 2026, sales are expected to grow by a huge 8.4% to US$5,5995 million. All the data shows that e-commerce will continue to be popular in Malaysia, and dropshipping in Malaysia is a good way for both new and old e-commerce stores to make money. Malaysia has a much higher user penetration rate than countries like Cambodia, Vietnam, and Thailand, which are close by. So, if you already do business in these countries, adding Malaysia to your site might be a good idea.
When you look at the information above, it’s not hard to see that if you start a dropshipping business in Malaysia, you’ll get a lot out of it. Aside from the promising Malaysian market, let’s look at some specific ways that dropshipping in Malaysia can help you.
Why Should You Dropship to Malaysia?
Why should you send packages to Malaysia? First of all, dropshipping has a lot of common benefits, like lower risks, saving time, and being easy to run with tools like dropship-empire.
Then, dropshipping in Malaysia has a low cost of entry. With the dropshipping model, you don’t have to buy a lot of inventory ahead of time and store it in a warehouse. You only need to find suppliers you can trust. Then, your orders will be sent out from these suppliers’ warehouses.
Also, if you want to sell, you can use powerful platforms like Shopify or WooCommerce, where you can easily add the dropshipping products you want to sell. You could also use a well-known e-commerce platform like Lazada, Shopee, or eBay. Most importantly, dropshipping suppliers in Malaysia will sell these products at different price points. Then you can offer prices that are competitive to make more sales.
How to Get Started Dropshipping in Malaysia
Now that you know more about Malaysia dropshipping, you can do it better. You know it’s good and will pay off. But where do you start? Here’s the short answer: open an online store, get a product, find suppliers for that product, use a dropshipping tool to automate dropshipping, and then market the products. Let’s look at each one at a time.
Putting together your online shop
No matter where you dropship from—Canada, Italy, Brazil, or the UK—you have to start by making an online store. In Malaysia, too, you need to first build an online store. You can look at different e-commerce platforms and choose the one that works best for your new site.
As I said above, Shopify and WooCommerce are both good choices if you want to set up an online store. I’d like to suggest Shopify here. It’s a hosted platform that lets you use its tools to make your own branded store. With it, you can easily set up your store, make changes to it, and sell your products.
Even though the platform to sell on is not free, a basic plan will only cost you USD29 per month. The basic plan doesn’t give you many e-commerce options, but it does make sure you can get help if something goes wrong with your site. Shopify also gives you access to a lot of third-party experts who can help you set up your store faster.
When you make a well-designed Shopify store, other sellers will be less likely to sell the same thing. Only your high-quality products will be shown to your potential customers. So, it is possible to make more sales. On Shopify, you can get your goods from any dropshipping supplier in Malaysia and sell anything you want. On these sites, you might not have to follow rules and regulations like you do on Amazon and Lazada.
Choosing a Niche for Your Product
Once you have an online store, you can start selling your favorite things. I think you should choose a product niche based on your interests and research into the market. Focusing on a specific category or niche can help you narrow down the Malaysian dropshipping suppliers you can work with and the people you want to sell to.
In Malaysia, electronics are the most popular e-commerce product niche, just like they are in the Philippines. Dropshipping baby products, clothing, and toys also brings in a lot of money. Also, if you want to start dropshipping in Malaysia, here are some dropshipping ideas for product niches you can try:
- Products for beauty
- Products for hair
- Items for the home and kitchen
- Pet Supplies
- Decorations for the house
Before making a final decision, you should have done some market research on the product niche and be passionate about it.
How to Find Malaysian Dropship Suppliers
You have an online store and products that fit a certain niche. The next step is to find suppliers you can trust for your goods. I have to say that AliExpress is a great place to buy and sell things. It can be seen as an alternative to Taobao for dropshippers who speak English.
AliExpress is well known for how cheap it is to buy things there. You should say here that it can take up to 60 days for most of your products to get to your customers. So, when choosing an AliExpress shipping method, it’s best to think about the condition. Your dropshipping store can use add-ons like dropship-empire from AliExpress. AliExpress’s Supplier Finder makes it easy for dropshippers to find reliable Malaysian dropshipping suppliers.
Also, there are a lot of trustworthy sellers on AliExpress. So, selling items from AliExpress can reduce the number of times people leave their carts. Also, selling items from AliExpress can cut down on the number of returns and refunds for your dropshipping store.
Using a Dropshipping Tool
As I said above, you can make your online dropshipping business easier with powerful dropshipping apps. The official AliExpress dropshipping partner, dropship-empire, can find products and make sure that the supply chain is managed. Let’s look at how dropship-empire can help your online store:
- With dropship-empire, you can add orders from AliExpress straight to your online store. Then you can choose products and add them to your store with custom prices.
- With dropship-empire, you can find the best AliExpress seller for each order or product to make the most money.
- dropship-empire will automatically add orders you place, which makes it easier to keep track of orders and manage them.
- It gives a special rule for pricing. It can be used to change the prices of new items when they are added to the store.
For a business to do well, it needs a good marketing campaign. When you do dropshipping, you should give it more attention. Why? There are more than one person selling the same things. Your dropshipping store will make more sales if you come up with a good way to market it.
You can advertise your products and store in a lot of different ways, such as through Facebook ads, Instagram marketing, Pinterest marketing, and marketing through influencers. Also important for your store are marketing plans. One powerful way to boost sales is to advertise during the holidays.
Also, Christmas is coming up, so why not start a Christmas marketing campaign during the holidays to get the word out about your products and store?
Dropshipping Tip for Malaysia
With the dropshipping business model, you can enter a new market while keeping your costs and risks low. It’s a cheaper and less risky alternative to buying in bulk, since you only pay and order from suppliers when a customer places an order. But there is one more thing about your store’s checkout process that you need to pay close attention to.
Having a one-page checkout is a great thing, I have to say. One-page checkout makes it easy for buyers to finish the whole buying process without having to go to different pages. This saves them time. It’s one of the most impressive ways for sellers to keep customers and make them loyal.
When you start a dropshipping business in Malaysia, you are new to the market. The best way to get people to recognize your brand and bring more customers to your store in a short amount of time is to use a useful method. Because of this, your store needs to have a one-page checkout.
Dropshipping in Malaysia is a great way to try out new products that you think your customers might be interested in. It also gives you a chance to learn about your audience and find out what they want.
After reading this post, you may know if you’re ready to start your Malaysian dropshipping business. If so, choose a product niche and try out your idea for a dropshipping business in Malaysia with dropship-empire.