Moving to e-Commerce in the Isolation Economy
With most of the world under isolation, businesses are faced with an immediate need to move their products online to engage and sell to customers digitally. Yet, the range of e-Commerce options available may overwhelm businesses that are just starting their e-Commerce journey. SGTech partnered with Enterprise Singapore to share about the available grants to help companies to adopt an e-commerce strategy and gathered platform providers to give a detailed sharing of their niche and capabilities.
SGTech Co-opted Councillor Mr Ivan Chang shared that in post-COVID-19, the e-Commerce market is set to rise, across all categories of goods around the world. Businesses need to consider how they can start selling online; be it by using existing marketplaces or starting their channels.
Mr Chang summarised three main considerations for businesses to help businesses decide how they can go about embarking on their e-Commerce journey. Ivan highlighted customer relationship and marketing access as the most pertinent factors for local companies to consider.
Support for e-Commerce development and Manpower costs
Enterprise Singapore (ESG) Deputy Director (Retail & Design) Mr Alvin Soh continued the webinar by presenting the e-Commerce Booster Package available to SME retailers who wish to sell locally or overseas. The package offsets up to 90% of the qualifying costs if they choose any of the ESG recognised e-Commerce platform partners. In addition to this, SMEs can also get up to 90% support for qualifying workforce cost for three staff for three months, through the Enterprise Development Grant.
You can catch the webinar recording to find out more about Moving to e-Commerce
You may also wish to download the presentation slides here:
Presentation Slides by SGTech
Presentation Slides by Enterprise Singapore
More to come
This webinar is part of SGTech’s “The Isolation Economy” series to help SMEs and startups tide over the current challenges. Please look out for the other webinars in this series
Published May 2020