Singaporeans "e-shopaholics" now have another place to shop online – Rakuten has officially launched Rakuten.com.sg and is now taking order. Rakuten's model works like Qoo10 which is a market place for merchants to create their store and manage their own products - instead of operating their own ecommerce stores.
We can see that one big name is already inside, which is Toys R Us - http://www.rakuten.com.sg/shop/toysrus/ and a bunch of smaller retailers. Nothing much for now but it will soon build up.
It is a good platform for merchants to try on ecommerce and piggy-backing on Rakuten's marketing power (yet to be seen) but it will never beat having your own online store. Rakuten will definitely list all their nice features but in contrast - here are some issues a merchant may encounter:
Vela Asia has released its 2013 Southeast Asia eCommerce Readiness Index (eRI), a comprehensive and publicly available report into regional e-tail behavior and trends.
Indonesia is ranked #1 with Singapore at second, worst being Malaysia. Download the report and share with us what you think.
The 2013 Southeast Asia eCommerce Readiness Index is available for free download. Vela Asia also provides in-depth analysis of Indonesian e-tail market trends, logistics capabilities and payment infrastructure, as well as tailored eCommerce strategy and solutions for its clients.
Taken from Who Is Hosting This at http://www.whoishostingthis.com/blog/2013/06/26/responsive-design-infographic/
Starting from 1 July 2013, all businesses and services conducted online in MALAYSIA will have to comply with the Consumer Protection (Electronic Trade Transactions) Regulations 2012. In short, they need to disclose the following information on the website or online marketplace where the business is conducted:
Failure to disclose the above information, or providing false or misleading information is an offence.
Our malaysia based merchants, please take note.