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Tag: 11street

  • Buy discounted BHPetrol E-voucher at 11street

    Buy discounted BHPetrol E-voucher at 11street

    Boustead Petroleum Marketing Sdn Bhd (BHPetrol) continues to provide convenience to its customers through another great collaboration.   Beginning 28th September onwards, customers who purchase BHPetrol vouchers from 11street.my will be entitled for a special discount. The vouchers can be claimed for petrol purchases at selected BHPetrol stations in the Klang Valley.

    Limited to maximum 3 vouchers per day of RM10 per piece, the vouchers are made available on first come first serve basis to 11street.my members.  Customers will just have to redeem the vouchers via their smartphones.

    “We choose 11street.my as our partner because of its popularity in the online marketing platform.  By having BHPetrol vouchers in their marketplace at special discounted price, we hope to reach their customers as our potential customers too” said Baba Tan, BHPetrol Senior Marketing Manager. During the soft launch of the promotion, Mr Bruce Lim, 11street Vice President of Merchandising were also present.

    Lim added, “We are pleased to offer our shoppers the opportunity to be the very first in the country to purchase discounted petrol vouchers from BHPetrol. This collaboration reinforces not only that we are continuously enhancing the variety of our products and services, but also highlights our commitment to offer customers with great savings via price competitive deals at 11street.”

    The offer on the discounted BHPetrol voucher at 11street.my starts from 28th to 7th October 2015 and the redemption at selected BHPetrol stations is until 23rd October 2015.

  • 11street Grows Local E-Commerce Landscape through Major Participation in MDeC’s #MYCYBERSALE

    11street Grows Local E-Commerce Landscape through Major Participation in MDeC’s #MYCYBERSALE

    11street, one of the largest online marketplaces in Malaysia, today announces its participation in the nation’s biggest cyber sale event, #MYCYBERSALE 2015 (www.mycybersale.my), as part of its commitments to enhance Malaysia’s e-commerce eco-system.

    Organized by Multimedia Development Corporation (MDeC), #MYCYBERSALE 2015 will see thousands of online stores gather from 28 September to 2 October with a common goal to stimulate the domestic e-commerce market. #MYCYBERSALE 2015 mobile app has also been developed to attract more local and foreign consumers to shop online. Extending the shopping period from 3 days to 5 days, this event is expected to surpass last year’s success[1] and to continue boosting the online shopping culture in Malaysia.

    11street’s Vice President of Merchandising Division, Bruce Lim says, “A national online event like this is not to be missed as it would definitely spur online shopping demands in the country. As a leading global e-commerce player, 11street is dedicated to empower our sellers with intensive industry knowledge to meet market demands. We urge local SME sellers to grab the opportunity and join us to be part of this annual cyber sale. As a result, sellers will be able to broaden their market reach and increase by leveraging on our resources and promotions strategically at this event.”

    Expect Shockingly Good Deals and Discount Coupon Giveaways from 11street at #MYCYBERSALE 2015

    To enthuse Malaysian shoppers to buy online, 11street will be lining up a series of discounted products, deals and attractive giveaways for #MYCYBERSALE 2015. Consumers can look forward to irresistible discounts during the event period, of which one of them continues to be the significant lowest price guaranteed ‘Shocking Deal’ to surprise local consumers with great offer.

    Before #MYCYBERSALE 2015 begins, 11street will also be initiating an exclusive promotion for Malaysian consumers to download free shopping credits in Malaysian Ringgit from 14 September to 27 September on a daily basis. This is to offer them a fun shopping experience online, and for those that logon 11street online and mobile platforms for a minimum of 3 consecutive days will be rewarded with up to 50% bonus coupons.

    According to statistics released by MDeC, #MYCyberSALE 2014 saw a total of 4.7 million Malaysian visitors (16% of populations) made 77,000 online orders during the 3-day sales period, of which 57% of them accessed the site via mobile devices.

  • Malaysian online shopping habits evolve

    Malaysian online shopping habits evolve

    More men are shopping online in Malaysia than ever before. And nearly half of the nation’s online shoppers are doing so on mobile devices.

    Those are two of the key findings of online marketplace 11street’s Online Shopping Index for 2015.

    The split between men and women in the nation’s online shopping community is now 48:52, according to the study based on the four week  Ramadhan and Raya period from June 22 to July 19.

    11street said gross merchandise value (GMV) more than doubled during the Ramadhan and Raya period and in just a few months, 11street has achieved various milestones including a rank of 40 on Alexa

    Hoseok Kim, 11street CEO, says Malaysia is one of the top leading countries in the world when it comes to smartphone Internet access with the number of connected devices per person used by Malaysians which stood at 1.2 devices.

    “As online shopping becomes part of the Malaysian lifestyle, smartphones will play a vital role in enabling shoppers to grab good products and offers online at anytime, anywhere,” said Kim.

    The 11street Online Shopping Index shows that contrary to the popular belief that fashion and electronics are the most sought after categories, Malaysians shop in diverse categories including health & beauty, kids & baby, home & living, grocery, services such as e-vouchers and more. Also, popular items that customers mostly searched during Ramadhan include baby car seats, Tupperware, Bluetooth earphones, and skincare.

    The index found that customers bought from either two or more product categories within a single transaction and that is expected to increase over the next few years.

    By gender, women mostly purchased mobile, tablets, beauty, health and personal products as well as baby and kids items. Men shopped for electronics, sports and leisure items – and kids & baby, especially gear such as baby car seats.

    11street currently carries more than 700,000 products making it one of the largest online marketplaces in Malaysia.

  • 11street Identifies Evolution in Malaysian Online Shopping Trends

    11street Identifies Evolution in Malaysian Online Shopping Trends

    11street (www.11street.my), one of the largest online marketplaces in Malaysia, today showcases its Online Shopping Index, which identified the latest changes in online shopping behaviours of local consumers, as well as specific e-commerce insights during the four-week Ramadhan and Raya period from 22 June to 19 July

    In addition, online marketplace 11street shares that its gross merchandise value (GMV) has surged significantly because of the Raya shopping season. The company has also celebrated notable milestones, one of which is achieving a rank of 40 on Alexa[1] within months since its launch in April this year.

    Hoseok Kim, CEO of 11street says that based on the 11street Online Shopping Index, the market is expecting to see online shopping trends evolving for both men and women in addition to a rapidly growing use of mobile in the future.

    “Malaysia is one of the top leading countries in the world when it comes to smartphone Internet access with the number of connected devices per person used by Malaysians which stood at 1.2 devices. As online shopping becomes part of the Malaysian lifestyle, smartphones will play a vital role in enabling shoppers to grab good products and offers online at anytime, anywhere,” Kim adds.

    Key findings of the 11street Online Shopping Index include the following:-

    More Diverse Online Purchase

    Contradicting to the popular belief that Fashion and Electronics are the most sought after categories, Malaysians shop in diverse categories including Health & Beauty, Kids & Baby, Home & Living, Grocery, Services such as e-vouchers and many more. Also, according to the index, popular items that customers mostly searched during Ramadhan include baby car seats, Tupperware, Bluetooth earphone, and skincare.

    Furthermore, the 11street Online Shopping Index uncovers that customers actually bought from either two or more product categories within a single transaction and it is expected to increase over the next few years.

    Online Shopping is No Longer Just for Women

    The data shows that women are no longer the only gender that drives purchasing trends when it comes to online shopping, whereby 11street shoppers are a healthy ratio of 48 men: 52 women.

    For women, they mostly purchased mobile, tablets, beauty, health and personal products as well as baby and kids items. The changing trends revealed that men shopped online just as much as women. During Ramadhan, their interests lie not only in Electronics, Sports and Leisure items, but also for Kids & Baby items especially baby gears such as baby car seats for their children’s comfort and safety. This also shows that both men and women prioritize their children when travelling during the festive season, which is a positive sign of rising awareness on child passenger safety across the country.

    Mobile is the Future of E-commerce

    There is a progressive move towards mobile as more consumers are becoming connected, and businesses are adopting an omni-channel approach and as a result, spurs positive growth in Malaysia’s e-commerce market.

    According to the index, at least 40 percent of the shoppers are using their mobile devices to shop at 11street. Moreover, during Ramadhan, peak shopping hours began from the breaking fast period until midnight.

    Business Overview and Moving forward

    11street has grown tremendously in Malaysia and received overwhelming response from both local customers and sellers since its inception. Besides its achievement on Alexa rank, it currently carries more than 700,000 products making it one of the largest online marketplaces in Malaysia.

    Kim attributed the growing popularity of 11street to its ability of providing a convenient and enjoyable shopping experience and attractive product offerings at affordable prices. This is especially true for their much highlighted ‘SHOCKING DEALS’, which guarantee shoppers that if they can locate the same product selling at a cheaper price in another online shopping site, 11street will refund them with the price difference of the product at 110%. It is possibly the first of its kind deal in the local online retail market.

    Moving forward, 11street will be developing a combined strategy with focus to continue boost its product variety and price competitiveness while focusing on mobile shopping.

    “With the latest Malaysian online shopping insights in mind, we are committed to support the vital needs of sellers and online shoppers by building a stronger platform, and to enable customers to find what they love at 11street,” ends Kim.

  • Online shopping made safe at 11street

    Online shopping made safe at 11street

    Worrying statistics call for stringent safety measures to ensure Malaysians can make their online purchases risk-free. 11street, one of the biggest online marketplaces in Malaysia, has taken numerous steps to ensure safety of its customers with an ESCROW system being the most significant one. 

    “11street constantly strives to address e-shoppers’ concerns by implementing safety-boosting solutions. ESCROW system is a financial instrument of placing a buyer’s money on hold in control and releasing it to the seller only when the delivery of the purchased item is fulfilled, thus protecting buyers from frauds. 11street also takes extra effort and responsibility to penalise any sellers for non-delivery cases,” 11street’s Chief Executive Officer, Hoseok Kim said. 

     “Furthermore, we are Payment Card Industry Data Security Standard (PCI DSS) compliant and with our in-house security system, our website is strengthened with comprehensive capabilities to monitor all products and transactions between buyers and sellers, that allows us to focus on detecting suspicious activities such as counterfeit product listing to minimise online risks while facilitating secured online transactions.” Kim added.

    In light of recent increasing incidents of cybercrimes, 11street developed basic guidelines for consumers to follow in order to stay safe online:

    1.Choose only trustworthy online shopping sites

    Reliable sites offer full information on sellers and customer service support reachable via email and phone. A credible site will also include features such as a return policy in case the buyer is unsatisfied with their purchase, along with a ‘help’ section for shoppers to lodge any complaints. 

    2.Use a secure connection when you place your order

    Look for a lock symbol on the page and check if the web address starts with “https://”, rather than “https://”. This guarantees that encryption is being used and your sensitive information is protected.

    3.Be cautious when making payment  

    Upfront payment is common for online transaction. Yet, legitimate sellers usually offer multiple secured payment methods via bank or credible payment gateway, including credit card payment and online bank transfer to company account rather than personal account. 

    A good practice to ensure that you are buying from legitimate sellers would be to look for their bank partners or multiple secured payment channels that are available when making a purchase. This further enhances the site’s credibility, as they would need to be qualified by banks or the authorities through stringent checks.

    If a site has an ESCROW system in place to assure buyers with delivery, that is another plus point which indicates the credibility of the site.  

    4.Read reviews shared by other customers

    Make an informed purchase and read comments from real customers. You can be sure you’ll find out a lot on their overall shopping experience and the quality of products. Have a closer look at negative reviews and the way they were handled by sellers, as this will give you some insights into their customer service.

    5.Never click on links from spam emails to make purchases

    It is never a good idea to click on a link in an email from someone you don’t know, let alone purchasing from a random website that sent you spam email. Remember to verify the seller before any purchase and never follow links from dubious sources.

    6.Use strong passwords

    If your password can be found on the list of 25 most popular passwords it requires an immediate change. Set passwords that are at least 10 characters long and consist of a combination of letters and numbers. 

    7.Don’t use public computers for online shopping

    Even if you erase your browsing history and log out, your sensitive information may still be accessible to industrious thieves. It is not uncommon for them to install sophisticated software that records keystrokes and then emails that data to the thief on public computers 

    Kim ends, “We believe security is the key to success in the online sphere. All sellers on 11street have been thoroughly vetted and we also flag up suspicious credit cards to banking authorities to ensure that our sellers don’t get tricked as well. In the same manner, customers make payments to bank accounts that have been registered with us. Yet, we advise all online shoppers to take these precautions to make sure their online shopping experience is enjoyable and safe”.

  • 11street Reveals Online Search for Baby Car Seats Spike  as ‘Balik kampung’ Exodus Approaches

    11street Reveals Online Search for Baby Car Seats Spike as ‘Balik kampung’ Exodus Approaches

    11street (www.11street.my), one of the largest online marketplaces in Malaysia, recently analysed trending products on their website last week which interestingly reveals a whopping 81 percent increase in searches for baby car seats – a positive sign of rising awareness of child passenger safety across the country while everyone gets ready to embark on long car journeys home for the Raya holidays.

    The trend among parents surfing on 11street goes in line with the recent urge expressed by Malaysian Consumers Association to enforce car seats for carrying infants and children in vehicles.

    11street’s Chief Executive Officer, Hoseok Kim points out that while child car seats has yet to be made mandatory by the local government, the rise of car seat searc indicate parents are becoming more savvy about road safety, especially for long journeys which is a positive step.

    Car accidents on the rise

    According to statistics revealed by Bukit Aman’s Traffic Branch, there has been a 5.5 percent increase in car accidents in 2014 as compared to 2013. Total car crashes last year amounted to an appalling figure of nearly 60 000 cases. In the event of a vehicle crash, car seat use have been found to significantly reduce the risk of a child’s death.

    Kim says, “Parents are increasingly concerned about the safety of their young children. It should come as no surprise that parents search for car seats at online marketplace such as 11street because it is one of the most conducive platforms where people can research for vast product information. At 11street, we stock car seats that offer protection in the event of collision, and ensure your little ones are comfortable  throughout the journey.”

    Taking your family safety in your own hands

    At the same time, using mobile phones and other portable devices while behind the wheel has emerged as a recent trend posing a tremendous risk of car accidents. The sobering statistics on the number car accidents should also prompt vehicle owners to go even further while equipping their cars for this year’s ‘balik kampung’ and ensuring the safety of all passengers.

    Kim ends, “Apart from baby car seats, we also begin to see increased search for Bluetooth earphones over the last week by at least two-fold. Hands-free devices should be a priority as well since it enables drivers to make calls safely with minimal disruption. At 11street, we offer a wide selection of safety boosting car accessories at affordable prices including Bluetooth stereo receivers, anti-sleep alarms and many more.”

    Data also shown that with the upcoming festivities, other indispensable items such as powerbanks and travel bags have gained in popularity. This indicates that Malaysians are already starting to prepare for Raya to ensure that they can enjoy endless entrainment on the go and easily carry their belongings for their ‘balik kampung’ journey.

  • 11street Spreads Raya Joy with RM5 Million Giveaway Festive Campaign

    11street Spreads Raya Joy with RM5 Million Giveaway Festive Campaign

    In conjunction with the upcoming Raya festivities, 11street (www.11street.my), one of the largest online marketplaces in Malaysia today announced that its Hari Raya campaign is officially launched to give relief on consumers’ festival shopping.

    The Hari Raya campaign which began on June 1st, 2015 aims to give away more than RM5 million worth of discounts for over 130,000 product items under selected categories such as Fashion, Home & Living and Electronics.

    11street’s Chief Executive Officer, Hoseok Kim says, “Our Hari Raya campaign focuses on spreading the joy of the Raya celebrations by offering a wide variety of products range from fashion, accessories, personal gadgets, home appliance and more at great prices. We are committed to offer Malaysians more values via online shopping during this festive season.”

    At 11street, consumers can get their Raya apparels from top brands including MariBeli Butik, Era Maya, Benua Clothing, Hari Hari, Qish Qish and Zariya, as well as ready-to-wear collections by designers namely Ruzz Gahara and MyApparelZoo at great prices. Modern and versatile, the fashion range for kids, ladies and men feature high quality fabrics and exquisite designs.

    Featuring a variety of modern and fashionable home decoration deals, 11street’s Home & Living will be the perfect and easiest gateway to give your home a makeover without spending much time.

    Consumers can also find popular travel gadgets on 11street at unbeatable prices to keep families entertained during their ‘balik kampung’ journey. Through 11street’s extensive range of camera phones and selfie-friendly options, selfie-enthusiasts can find the perfect accessories they need to capture memorable moments at family occasions.

    The Raya discount coupons available on 11street range from 20%-50% and rebate up to RM200 applicable to all items selling under the selected categories, Fashion and Electronic starting from June 1st, 2015, whereas the promotion on Home & Living items will only begin July 5th, 2015.

    Consumers can visit the Hari Raya Promotion Page to find out more on the great offers at 11street.

    Buka Puasa with 11street’s Dining E-vouchers

    Furthermore, in light of the approaching Ramadhan, 11street will be offering value meal vouchers from many popular dining restaurants namely GTower Hotel, Checkers Café under Dorsett Regency KL, Papa John’s Pizza and more, where consumers can enjoy a delicious and convenient dining experience for Buka Puasa. The e-vouchers will be available under 11street’s ‘Shocking Deals’ section with lowest price guarantee starting from June 15th, 2015 until July 17th, 2015.

    “E-vouchers are gaining popularity in Malaysia and is a common trend for the e-commerce market, as a majority of consumers prefer to buy vouchers for more tangible discount on daily essentials. Today, e-vouchers are ranked as one of the best-selling items on 11street since its conception,” Kim adds.

    Kim concludes, “Given the level of savings available, we sincerely hope that Malaysians will find relief in shopping online at 11street especially with the price increases under the recently imposed Goods and Services Tax (GST). We will continue enriching our consumer’s shopping experiences by helping them to find what they love from a great variety of quality products at unbeatable prices.”

  • 11Street Malaysia launched purchasing app

    11Street Malaysia launched purchasing app

    11street, Malaysia’s latest eCommerce participant, has launched an app to help on-line buying by way of iOS and Android smartphones.

    11street’s CEO, Hoseok Kim stated that the brand new cellular app is the corporate’s newest dedication to ship “a reliable and handy on-line purchasing expertise to Malaysian shoppers”.

    “11street is rising exponentially in Malaysia and quick turning into one of many prime three largest on-line marketplaces with greater than 350,000 product listings you could now view seamlessly utilizing Apple and Android units.

    “Malaysia leads the world in smartphone utilization and it is among the solely 5 nations worldwide to make use of their smartphones greater than computer systems as the first gadget for accessing the Web.”

    Kim stated to be ‘cellular first’ clearly an organization needed to have a user-friendly on-line buying app to raised accommodate the seemingly growing cellular consumers.

    He stated 11street’s cellular app is optimised to reinforce customers’ on-line purchasing expertise based mostly on the expertise the corporate had gained in offering eCommerce providers in Korea and different markets.

    “The important thing differentiator of 11street’s cellular app is its broadly collaborative-curated content material that permits shoppers to entry the recent promoting services a lot simpler, particularly on the ‘Surprising Offers’ part, which provides a Lowest Worth Assure.

    “General, with a nicely categorised and extra intuitive interface, shoppers can navigate and discover out what they love at 11road effortlessly at anytime, anyplace.”

    11street’s cellular app can also be constructed to simply accept bank cards and financial institution transfers upon purchases. Customers can view their membership advantages, examine their order standing, and make the most of their low cost coupons whereas buying on-the-go.

    “11street will constantly improve its cellular apps’ providers to supply higher consumer expertise as immediately greater than 50 per cent of visitors to 11road is from cellular units.”

    Kim concluded: “From the general e-commerce market perspective, it’s plain that mobile-commerce will flourish and we anticipate to see extra shoppers go browsing to 11street by way of cellular units to buy on-line.”

  • Korea’s 11street Malaysia launches

    Korea’s 11street Malaysia launches

    Popular Korean actor Lee Min Ho was flown in to front the brand for its launch – ironically held in a bricks & mortar shopping centre.

    11street Malaysia launch- 415

    The company will invest more than RM35 million (US$10 million) to drive seller participation and planned to have 11,000 sellers on board by the end of this month. The site, at www.11street.my already includes popular brand such as Electrolux, Digi mobile, Nestle, Tony Moly Korean cosmetics, The Face Shop, Fujifilm, Domino’s Pizza and Unilever.

    11street Malaysia launch 415

    11street’s Malaysia CEO Hoseok Kim says the company wants the new site to become Malaysia’s largest online marketplace.

    Established in Korea in 2008, 11street now has online marketplaces in Turkey and Indonesia as well as in its home market and boasted a combined network of 22 million sellers, serving 40 million consumers. Shoppers spend $6 billion annually on its sites.

    “The online shopping paradise 11street in Malaysia is the company’s commitment to deliver local consumers a trustable and convenient e-commerce platform where they can shop for a variety of products across a broad range of categories available at anytime, anywhere,” said Kim.

    11street Malaysia 415

    “To deliver greater satisfaction and a more rewarding online shopping experience, it will be the first online marketplace in Malaysia that promotes not only physical products but also deal offerings such as e-vouchers under a single platform.

    “11street’s merchandising approach has a proven track record given that its worldwide ventures have grown remarkably well over the past few years. Against such backdrop, similar approach will be adopted to help Malaysian online sellers to excel in today’s increasingly competitive market.”

    11streeet in Malaysia will be hosted by Celcom Planet, established in November 2014 as a joint venture between Celcom Axiata Berhad and SK Planet – a leading Korean eCommerce open marketplace provider, which is also a wholly-owned subsidiary of mobile operator- SK Telecom.

  • Korean marketplace to launch in Malaysia

    Korean marketplace to launch in Malaysia

    Korea’s largest online marketplace 11street says it will launch in Malaysia in April.

    The company will invest more than RM35 million (US$10 million) to drive seller participation and aims to have 11,000 sellers on board by launch date. The site will be at

    www.11street.my

    11street’s Malaysia CEO Hoseok Kim says the company wants the new site to become Malaysia’s largest online marketplace.

    Established in Korea in 2008, 11street now has online marketplaces in Turkey and Indonesia as well as in its home market and boasted a combined network of 22 million sellers, serving 40 million consumers. Shoppers spend $6 billion annually on its sites.

    “The online shopping paradise 11street in Malaysia is the company’s commitment to deliver local consumers a trustable and convenient e-commerce platform where they can shop for a variety of products across a broad range of categories available at anytime, anywhere,” said Kim.

    “To deliver greater satisfaction and a more rewarding online shopping experience, it will be the first online marketplace in Malaysia that promotes not only physical products but also deal offerings such as e-vouchers under a single platform.”

    Kim said the company’s $10 million investment would aim to encourage Malaysian sellers – including bricks and mortar businesses – to join 11street.

    “We wish to foster continued eCommerce growth and elevate the maturity of the industry by empowering more local offline businesses particularly SMBs to break-through the traditional business model and explore the numerous eCommerce opportunities in the online space.”

    Kim said that unlike other existing eCommerce websites, 11street has a hybrid eCommerce model whereby its ecosystem can support all types of sellers, including individual sellers, e-entrepreneurs, SMBs, retailers and service providers.

    “Bolstered with expertise and know-hows gained through its worldwide ventures, 11street can empower the online sellers as well as traditional brick and mortar businesses to maximise sales and succeed in eCommerce – which in turn will accelerate Malaysia’s online shopping market growth.

    “11street is equipped with unique and sophisticated online merchandising tools to support the complete online business set-up. Our ‘Seller Zone’ will be the first eCommerce education centre and support facility in Malaysia to advocate eCommerce sellers, where seminars and workshops will be given on a regular basis.

    “Seller Zone is among the most significant investments that 11street has put in to grow the Malaysia’s eCommerce sector,” said Kim.

    “In response to the mobility trends, we will also offer an integrated mobile interface and application upon 11 street’s official launch to support sellers in better managing their stocks, product marketing programs, payment settlements; and offer the analytics capability to help them retain customers with improved online shopping experience.”

    As part of an early bird promotion to attract sellers prior to April, 11street will offer free stores, 50 per cent discount on transaction fees, complimentary use of Seller Zone facilities, promotion credits and product listing coupons. sellers who register before April 2015.
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    “11street’s merchandising approach has a proven track record given that its worldwide ventures have grown remarkably well over the past few years. Against such backdrop, similar approach will be adopted to help Malaysian online sellers to excel in today’s increasingly competitive market.”

    11streeet in Malaysia will be hosted by Celcom Planet, established in November 2014 as a joint venture between Celcom Axiata Berhad and SK Planet – a leading Korean eCommerce open marketplace provider, which is also a wholly-owned subsidiary of mobile operator- SK Telecom.