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Online shopping Malaysia is poised to grow in leaps and bounds in the coming years. This is because; many Malaysians are becoming enlightened about the benefits of internet shopping. Also, major cities are towns are now connected to high speed internet. In the past, connectivity was a major issue therefore most people shunned web based shops. As eastern countries like China and Japan rush to embrace the full potential of the internet, Malaysians are not being left behind.
In simple language, the future is bright. Some years ago, it appeared as thou web shops were a preserve of the western world. Presently, the east is really catching up because the average consumer irrespective of his nationality wants a value added service.
Some Malaysian entrepreneurs have read the signs of the times properly and have acted on all the indications by making their offline outlets to have web presence. As a result of the actions of the enlightened few, everyone is following suit because of the competitive nature of business. It is therefore very obvious that in the near future, business competition in this part of Asia will be taken online.
The present decade will most likely be characterized by many virtual developments. Some analysts are of the opinion that before this decade comes to an end, Kuala Lumpur may be a major player in the world of ecommerce. It is hard to determine an exact time frame because presently there are some challenges.
Basically, Asians like the culture of bargaining therefore the transition to online shopping Malaysia has been rather slow because internet prices are usually fixed. However, since the launch of the first Malaysian owned price comparison website, things have changed much. Because it is possible to compare prices, most local consumers feel comfortable shopping virtually since it is possible to get affordable products.
Some websites that deal with cheap goods and services now have .my extension. Therefore, it is accurate to say that, internet trade is now an accepted ideology in this republic. With the progression of time, the acceptance rate is going to increase. Irrespective of cultural and social challenges in a society, change has to happen because change is the only constant.
In the future, online shopping Malaysia will be the norm rather than the exception. This is because; the necessary mechanisms and regulations are already in place. Actually, big time American ecommerce sites are already represented in Malaysian virtual space.