Fulfillment in Malaysia
Besides its exotic foods and exquisite places, Malaysia has become a hotspot for the e-commerce industry.
Its strong economy, good spending power, and developed digital infrastructure has attracted thousands of foreign investments and interests.
Did you know 80% of Malaysian online buyers shop from brands overseas?
That is only set to grow in upcoming years.
However, things are changing rapidly and you will need a strategy quick to combat rising costs.
Benefit from Malaysia’s hot e-commerce market
Beginning 1st January 2023, Malaysia’s de minimis rate will be abolished.
Which means you will get charged the relevant taxes no matter how low-cost your items are.
The only way to capture the Malaysian market is to strategically adapt now.
Malaysia’s geographical location makes it the perfect transit hub for Southeast Asia.
The best thing you can do is store your inventory here, woo Malaysian shoppers, and expand by transiting your goods to surrounding SEA countries.
These are some of the top local e-marketplaces Malaysian shoppers are conglomerating at.
On top of that, the number of eCommerce shoppers in Malaysia is expected to hit 18.3 million by 2025!
If you’re reading this, take it as a sign for you to start fulfilling to Malaysia!
How to start fulfillment in Malaysia?
When it comes to order fulfillment, there are two fulfillment structures you can consider.
i) Local Distribution Model and
ii) Cross-Border Shipping
The Local Distribution Model is where you outsource fulfillment to a trusted fulfillment partner in Malaysia.
Cross-Border Shipping means you fulfill from your own warehouse outside of Malaysia.
Let’s look at the differences.
The Local Distribution Model allows you to focus on business growth while a fulfillment center manages end-to-end logistics for you. Cross-Border Shipping gives you freedom to control every point in the supply chain but requires more of your time with longer shipping times and paperwork to deal with. And now with the latest updates from the Malaysian government, the price for Cross-Border Shipping has increased and may cost more compared to the Local Distribution Model.
Find a reliable partner
Subsequently, you can consider outsourcing fulfillment to a trusted fulfillment center in Malaysia.
A reliable fulfillment partner should have:
A well-established fulfillment center has strong knowledge on local markets as well as cross-border fulfillment.
At SnT, we have been fulfilling for scores of international brands from countries besides Malaysia such as Indonesia, Singapore, and others.
Furthermore, we have fulfillment expertise not limited to brands from Retail, FMCG, Consumer Electronics, Fashion and Apparel, Skin Care, and Cosmetics.
SnT Global Logistics is a Best In Class Omnichannel Fulfillment Partner in Southeast Asia that offers order fulfillment services for both online and offline retail businesses.
Our order fulfillment services are enabled by state-of-the-art technologies to meet the fast-changing requirements of the New Retail revolution.
Besides that, we offer fully integrated logistics services such as warehousing, order fulfillment with multi-channel integration, cross-border management, and customer service helpdesk.
Our fulfillment dashboard system, iWeb, can integrate with widely used marketplaces and shopping carts like Magento, Shopify, WooComerce, Shopify, Lazada, and more.
Moreover, we create flexible solutions that fit your channel strategy needs.
Do you require fulfillment in Malaysia without having to set up an entity here?
SnT provides Merchant on Record (MoR) services.
Which means you can sell to Malaysian shoppers without setting up an entity here.
Forget about customs, last mile delivery, or payment gateways. When your goods ship to Malaysia, SnT imports them, manages your finances, and delivers directly to your customer’s doorstep.
These are just some of the perks partnering with a fulfillment center. Foreign brands who have worked with us are continuing to focus efforts on scaling and penetrating new markets.
Additionally, there are eCommerce enabling services in Malaysia that help businesses manage their eCommerce marketplace accounts.
We provide this service here at SnT Global along with our order fulfillment service.