Malaysia is a perfect
place for starting and doing online business, especially if you are bored about
nine to the five-day job and every day you are doing something that you are
interested. There is lots of online business opportunity in Malaysia and with online
you may have the opportunity to work from home and be your own boss.
Additionally, you do not have to quit your full-time job for exploring the online business in Malaysia. Online business opportunity may allow you to start with a very low budget part-time business and you may even need a physical address in Malaysia. For exploring the online business, you may just have to have an internet connection and PC or mobile devices. So why not try it and explore online business Malaysia opportunity.
There are much successful personnel in the modern world that explored the online business opportunity and got a fortune. Mark Zuckerberg from Facebook, Kevin Systrom from Instagram and Jack Ma from Alibaba are few among them. You may also explore Online business Malaysia opportunity with very little budget, effort and time. Indeed, the online business requires much more resource to maintenance in a later stage than just to start up. In this article, we are going to discuss the online business Malaysia opportunity and learn about the process of starting your own online business in Malaysia.
How do I start an online business in
You should follow a few steps for starting an online business in Malaysia:
At first, you have to decide the types of business may interest you and the types of product or services you may wish to sell. The nature of the business you choose becomes very important in later stages in online business. There are a few options available where you may choose. You may choose to sell any physical products such as phone and phone accessories, computer and computer-related accessories through an e-commerce website.
You may also go for the digital product niche and sell e-books and other digital media such as image, audio and video files. You may also start selling the business products from other companies and receive a commission as an affiliate marketer or re-seller. If you find it difficult to choose the nature of business then you may always ask yourself the question “Why would I like to start an online business?” You should write down the plan, vision, and mission of your future business and that may help you to find the right business category for you.
The second step of starting an online business is to register your business name and register the business itself with SSM. We should discuss these in details to the next segment of this article “How do I register my online business in Malaysia?”
The third step of setting an online business is to build a website (or Apps if required), receive hosting, domain names, and email address for the business. This step is very important as it works as the visible face of your future business. What is a domain name? The domain name is a web address similar to your shop address.
The difference is that it
does not have road and house number. Instead, the domain name contains custom
wordings such as www.abc.com. Please note that, after you complete your
registration you may receive a unique registration number or unique ID and with
this, you may register for .com or .my. This makes your website more localize
and provide more credibility in Malaysia.
what is Hosting? Simply if the domain name is the name of
the house then the hosting is the space inside the house. Hosting is the space
that you may take as rent and store your files inside. In your future website,
you may have many dates such as the text, image files, audio and video files
etc. so you need to store these for displaying it to your customers. Therefore,
you need to host these data into a rental space and that known as hosting. If
your site got many data then you may require rent bigger space means bigger
hosting fees. However, initially, you may not require having a larger hosting.
There are many web-hosting companies in Malaysia from where you may receive the information regarding the financial requirements. Additionally, you should have a business email address, where the customers make contact with you. Initially, you may begin with a free email address. However, please note that the research shows that the customers believe more in domain name related email address than the free email address.
The next step of business
is to design your website and add unique content to your site. Usually, after
making payment for the hosting, it may take only 1-2 hours to activate the
site. Then you may start building your website. It is better to produce unique
contents, graphics, and design ideas beforehand. If you got knowledge in web
design then you may design the site by yourself. Nowadays there are many
templates available for making beautiful websites.
Read Also: Register a Company Online in Malaysia
New online business in
Malaysia faces the most common problem of not getting enough visitors and not getting
enough sales. This is happening because people do not know your business yet
and it is your responsibility to reach your customer by making proper
advertisement and promotion work.
You have to let your
customer know about your product, offerings, and the benefits. You may do this
by using various online advertising platforms such as a Facebook advertisement,
Google Ad words, also email marketing and SEO (Search Engine Optimization)
work. You may also go for the traditional advertisement method and put an
advertisement in television, radio, posters, banners, signboard etc.
However, this may prove
more expensive from the online marketing tools mentioned earlier. Please note
that your site should include the shopping cart software for providing the customer
with a better shopping experience. Additionally, you should also have a payment
gateway system by which you may receive payment from your customers. There are
few payment gateway companies working in Malaysia such as the PayPal, Ipay88 or
These are the trusted
payment gateway system and the customers do not hesitate to buy your products
by using these services. Another issue to consider is the shipping of your
product. If your product takes a long time to reach your customer or shipping
cost is higher then the potential customers may not buy from you. If your
delivery volume is high then you should consider appointing a shipping service
provider in Malaysia such as Pos Malaysia.
If you do not want to
have a website and sell your product then you may choose to sell in a various
third-party website such as Amazon, eBay, Etsy, Facebook, long etc.
How do I register my online business in Malaysia?
New e-commerce business
owners may not sure about why they have to register the online business as they
are doing it part-time or just as a hobby. Some online business owners earn
from the advertisement from their website or blog. The fact is, in Malaysia,
all the online business should comply with the Malaysian consumer protection
regulation that introduced in 2012. This segment of law is a part of Malaysian
Regulation and Consumer Protection of E-commerce and online Business.
So according to the law
in Malaysia, you have to register your business even if you are selling your
products on social networking sites such as Facebook or Instagram. If any
business in Malaysia fails to comply with the law or the registration
requirement in Malaysia then they may face a maximum fine amount of RM 50,000
or two years in jail.
The cost of registration
business in Malaysia only takes RM30 and Online Business Malaysia Registration
is a simple process. Regardless of the type of business, you do in Malaysia;
you must register your business with SSM. If your business has something to do
with the telecommunication industry then you have register with MCMC (Malaysian
Communication and Multimedia Commission) department of Malaysia. Additionally,
you need to register with the revenue board of Malaysia and declare your
There are a few options
available for the Online Business Malaysia Registration. A sole proprietorship
is the economic one and you may choose the partnership or company type business
as well. Insole proprietorship business type, you run the business along and
you got unlimited liability for your business. For registering sole
proprietorship business, you have to pay RM 30/year. If you run your business
with more than one partner then you may choose the partnership type business
vehicle and this may cost you RM 60/year.
You and your partner
share the liabilities of your business. In the future if you or your partner is
willing to stop or abolish the business then you may require registering a new
business. You may also start a company type business and have a separate legal
entity for your business. However, the process of starting a company is
complicated than the sole proprietorship and partnership type business.
Online business ideas Malaysia
In Malaysia, there are
numerous possibilities of starting and doing online business. Here we are going
to discuss a few online business ideas in Malaysia.
Start an e-commerce site
The e-commerce business
is getting popular day by day and if you want to sell your product online then
you may begin an e-commerce site. Starting an e-commerce business in malaise is
not hard and not even expensive. Many service providers such as the Shopify may
provide you with an e-commerce site within an hour. However, you may require
providing a monthly or yearly subscription plan for getting their services.
Drop shipping Business in Malaysia
Drop shipping bit
different from the e-commerce site. In drop shipping business, you work as the
third party and receive a commission for handling the product. Therefore, you
do not require any inventory or any investment for buying the product. Rather
you just collect the product from local suppliers and place it to your
List product with Malaysian Online
If you do not wish to
continue with an e-commerce site then you may even sell your product online
with at Malaysian online marketplace. You may use the online marketplace in
Malaysia such as the eBay, Facebook, Amazon, lazed etc. there are many mobile
apps for selling product online such as the shop or carousel etc. some
application may charge you an amount for registering your product.
Blogging and use of Google Ad sense
Blogging is popular
nowadays and you may start earning by writing a popular blog. You may need to
persistent with regular updates. Most popular blog topics include travel,
fashion, pet, food, technology. If you make your blog popular with creative
writings then the next step is to open Google ad sense account and insert the
code of ad sense into your blog header or at sidebar. Then you may start
earning from the people visiting your site.
There is much other Top
online business in Malaysia, which you may begin today. In below the list shows
the top online business ideas Malaysia.
- The online affiliate-marketing program
- Making online course and earn by teaching
- Writing and selling eBooks
- Making graphics for the organization
- Doing SEO work
- Building an online forum on a specific topic
- Building job portal
- Make video fro YouTube.