E-Commerce : Explore & Sell into Brunei’s MarketeWallz Solutions
Market your products to Brunei Shoppers!
95.3% of 433,000 total residents in Brunei are connected to the internet. Brunei’s eCommerce shopping revenue is projected to reach USD 54m by end of this year (Statista, 2021). A small but mighty nation, Brunei is definitely an interesting market for you to expand your business into.
On a recent survey by Brunei’s Authority for Info-communications Technology Industry (AITI, 2018), 26% of the respondents reported spending above USD1000 online yearly, while a majority of the respondents reported to spending USD500 and below in the year. With a similar culture and consumer taste, and a desire for better prices and variety, Brunei shoppers are buying online directly from Malaysian brands. 30% of Bruneians surveyed revealed that they bought items from advertisements that saw on social platforms while 57% of them prefer to shop on websites.
Fashion, in particular, is a popular category for Bruneian shoppers. Opportunities are also aplenty for Malaysian businesses trading in other categories of products. Aramex, an international shipping service provider, reported that Brunei is one of the top five shipping destinations from Malaysia for ecommerce parcels of a wide range of product categories.
In term of shipping hassle, Malaysian e-commerce site owner can now enjoy cheaper shipping rates using Aramex services via EasyParcel platform. Other shipping providers also start joining the campaign to facilitate local sellers for various delivery options to Brunei.
So, it’s now or never! Lets start building your e-commerce store today. Get an experienced e-commerce web developers that understand your business needs inside out. At eWallz, we love to see your e-commerce business grows not only selling to local consumers but also open to foreign buyers especially within the Asean region.
Starting up an e-commerce platform sometimes did cost a high capital investment for small business & startups, for this purpose we have done an extensive research and had came up with a workable solution to help those with smaller budgets & capital by introducing our Instant eShop promotional package. This package will empower businesses to start selling online with very minimal cost and backed by our experienced e-commerce support team.
Let’s explore Brunei’s E-commerce market!