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The Role of E-Commerce In Reducing SME’s Operating Costs In Malaysia

A discussion on the role of E-commerce in reducing SME operating costs in Malaysia, where the recent economic crisis in the country is becoming increasingly worrying. However, it is not a reason that SMEs should stop working during the financial crisis. Still, SMEs should take the opportunity and fi...

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Main Authors: Ahmad Ibrahim Mohamed, Aina Nafisah Mohamad Ashik, Alvin Thien Zhi Cong, Fatin Najihah Zolkafli
Format: Undergraduate Final Project Report
Language:English
Published: 2023
Online Access:http://discol.umk.edu.my/id/eprint/13031/1/SAK2.pdf
http://discol.umk.edu.my/id/eprint/13031/
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spelling my.umk.eprints.130312023-04-18T04:45:47Z http://discol.umk.edu.my/id/eprint/13031/ The Role of E-Commerce In Reducing SME’s Operating Costs In Malaysia Ahmad Ibrahim Mohamed Aina Nafisah Mohamad Ashik Alvin Thien Zhi Cong Fatin Najihah Zolkafli A discussion on the role of E-commerce in reducing SME operating costs in Malaysia, where the recent economic crisis in the country is becoming increasingly worrying. However, it is not a reason that SMEs should stop working during the financial crisis. Still, SMEs should take the opportunity and find more alternatives to ensure their business operations continue and reduce operating costs while using the E-commerce platform. This is E-Commerce, online sales. E-Commerce allows merchants to sell to customers around them and customers in other states and countries. So, the potential of ECommerce is more significant compared to opening a shop on the side of the road. ECommerce is Online Business where merchants can sell online either through their website or social media, such as Instagram, Facebook, or Mudah, as well as marketplaces known to the public, such as Shopee and Lazada. So, through this channel, traders can make sales to their customers. This E-Commerce usually means I need help getting into a regular store if I buy items. If I have to go around that big shopping mall to find that one item, it is better to open my phone and buy it online. After a few days, the goods arrived at home. So, this saves me time. So usually, people believe that using this E-Commerce platform is to save time. Compared to having to go to physical stores to shop. Mostly young people, but many older people dare to try E-Commerce and buy online. Selling online can be made cheaper because they do not need to have a physical store or rent a store every month, which makes them able to sell their goods more affordable. 2023-02-03 Undergraduate Final Project Report NonPeerReviewed text en http://discol.umk.edu.my/id/eprint/13031/1/SAK2.pdf Ahmad Ibrahim Mohamed and Aina Nafisah Mohamad Ashik and Alvin Thien Zhi Cong and Fatin Najihah Zolkafli (2023) The Role of E-Commerce In Reducing SME’s Operating Costs In Malaysia. Final Year Project thesis, Universiti Malaysia Kelantan. (Submitted)
institution Universiti Malaysia Kelantan
building Perpustakaan Universiti Malaysia Kelantan
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Malaysia Kelantan
content_source UMK Institutional Repository
url_provider http://umkeprints.umk.edu.my/
language English
description A discussion on the role of E-commerce in reducing SME operating costs in Malaysia, where the recent economic crisis in the country is becoming increasingly worrying. However, it is not a reason that SMEs should stop working during the financial crisis. Still, SMEs should take the opportunity and find more alternatives to ensure their business operations continue and reduce operating costs while using the E-commerce platform. This is E-Commerce, online sales. E-Commerce allows merchants to sell to customers around them and customers in other states and countries. So, the potential of ECommerce is more significant compared to opening a shop on the side of the road. ECommerce is Online Business where merchants can sell online either through their website or social media, such as Instagram, Facebook, or Mudah, as well as marketplaces known to the public, such as Shopee and Lazada. So, through this channel, traders can make sales to their customers. This E-Commerce usually means I need help getting into a regular store if I buy items. If I have to go around that big shopping mall to find that one item, it is better to open my phone and buy it online. After a few days, the goods arrived at home. So, this saves me time. So usually, people believe that using this E-Commerce platform is to save time. Compared to having to go to physical stores to shop. Mostly young people, but many older people dare to try E-Commerce and buy online. Selling online can be made cheaper because they do not need to have a physical store or rent a store every month, which makes them able to sell their goods more affordable.
format Undergraduate Final Project Report
author Ahmad Ibrahim Mohamed
Aina Nafisah Mohamad Ashik
Alvin Thien Zhi Cong
Fatin Najihah Zolkafli
spellingShingle Ahmad Ibrahim Mohamed
Aina Nafisah Mohamad Ashik
Alvin Thien Zhi Cong
Fatin Najihah Zolkafli
The Role of E-Commerce In Reducing SME’s Operating Costs In Malaysia
author_facet Ahmad Ibrahim Mohamed
Aina Nafisah Mohamad Ashik
Alvin Thien Zhi Cong
Fatin Najihah Zolkafli
author_sort Ahmad Ibrahim Mohamed
title The Role of E-Commerce In Reducing SME’s Operating Costs In Malaysia
title_short The Role of E-Commerce In Reducing SME’s Operating Costs In Malaysia
title_full The Role of E-Commerce In Reducing SME’s Operating Costs In Malaysia
title_fullStr The Role of E-Commerce In Reducing SME’s Operating Costs In Malaysia
title_full_unstemmed The Role of E-Commerce In Reducing SME’s Operating Costs In Malaysia
title_sort role of e-commerce in reducing sme’s operating costs in malaysia
publishDate 2023
url http://discol.umk.edu.my/id/eprint/13031/1/SAK2.pdf
http://discol.umk.edu.my/id/eprint/13031/
_version_ 1764227181359136768
score 13.211869

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