CEO Ivan Teh – FUSIONEX has been selected as the technology partner for #MYCYBERSALE 2018

FUSIONEX has been selected as the technology partner for #MYCYBERSALE 2018 and will power up the platform by providing an extensive system for the country’s biggest online sale, which will take place from Sept 3 to 7 this year.

Ivan Teh

The yearly #MYCYBERSALE event has actually been dubbed the greatest online sale in Malaysia and supplies a multi-channel platform for Small Medium Enterprises (SMEs) and micro enterprises to provide attractive deals, remarkable discounts and unique promos for online buyers to benefit from.

This event also offers a chance for merchants in Malaysia to be seamlessly part of a fast-growing e-commerce community and ecosystem.

More than 600 merchants are expected to ship orders to China, United Arab Emirates, United States, and other countries in Europe and South East Asia.

The occasion is targeting to surpass RM50 million in export profits along with more than RM370 million in gross product value (GMV).

#MYCYBERSALE 2018 is arranged by the National ICT Association of Malaysia (Pikom) and supported by the Malaysia Digital Economy Corporation (MDEC).

Pikom and Fusionex have actually entered into a tactical collaboration to bring amazing innovation and a comprehensive platform to much better serve the requirements of market players.

Pikom chairman Ganesh Kumar Bangah said: “This tactical partnership with Fusionex uses an improved back-end system to allow merchants to benefit from seamless market transactions and a much better reporting mechanism during #MYCYBERSALE. We want to thank Fusionex for belonging to this effort.”

Previously, Ganesh had shared that this year’s tag line for MyCybersale is “Store up until you drop!”.

Fusionex creator and group CEO Ivan Teh said: “We are thrilled to be a part of this remarkable #MYCYBERSALE group (promoted by Pikom and supported by MDEC) and anticipate making this a definite success (for the market and community). We hope services will take full advantage of this inclusive, user-friendly digital platform and program, to broaden their reach and market gain access to.

” In today’s world, services (whether large corporations or SMEs) can no longer assume that clients will link and acquire items the way they used to in the past. Today’s clients are smart and always linked. If merchants are not engaging customers effectively through e-commerce (and through an omni-channel method), then they’ll be losing out in this age. We hope that Fusionex’s technology platform via MyCybersale will give merchants a leg-up and opportunity to succeed in this space.”

Why SEO Is Important For Business Owners

All over the world, technological development and adjusting entrepreneurship are opening avenues for thousands of business owners. For most of these business owners, an online existence is a huge portion of their marketing strategy.

Why Business Owners Get SEO

Now that you’ve started your company, what is the most essential thing you need throughout these early stages? Producing a website is a no-brainer, however that isn’t nearly enough (even if you paid a lot for a cool site).

Business does not launch till you have a stable stream of consumers. If you wish to attain great traffic, a cool site isn’t adequate to bring in good traffic. The response? SEO Malaysia ! In this day and age, it is a must to draw in customers.

Getting Your Website Search Engine Optimized

Before anything else, you need to at least know the fundamentals of SEO. As the business owner, you must read up on the following important SEO points:

Keywords
Metadata
Backlinks
Material production
Social network
When you’ve informed yourself on the basic elements of SEO, you can begin making your own efforts to take on the other sites in your specific niche. Usually, your private efforts will not be enough to reach your objectives. As an outcome, many business owners look for SEO business Malaysia services to maximize their site potential.

Why Malaysia Entrpreneurs Do Their Research study

Excellent business owners do their research study before making a vital choice. Picking the very best SEO services and the business to supply them is an essential point in any organisation endeavor. You would not wish to end up with an SEO business that does “black hat SEO” or pushes to keep copyrights.

What Entrpreneurs Research Study About SEO Business

A little research study goes a long method, so picture what a lot can do. In the case of SEO, the time devoted to looking into is important. Normally, here are the most common things that entrepreneur research study about a prospect business:

Services and plans
Track record and evaluations
Reporting process
Communication style
Cost and payment options
Contract structure
Asking the Right Questions

The first consultation is the ideal time to ask all the concerns that will inform you whether or not the business is the right choice. Last piece of guidance: know the best concerns to ask and gauge the business’s responses to help your decision.

Robin Ooi
390-G, Jalan Panchor, Taman Continental,
11600 Georgetown
Pulau Pinang
Malaysia
011-1442 6865

Importance of Business Development

Well, business development in such direction is the task as difficult as its creation. However, if you believe in yourself and follow definite principles you can achieve the fact that your business will be developing in the way of progress.

First of all, you have to remember that business is a kind of marathon. If you want your business to develop quickly and effectively, you have to be ready to take the lead over competitors who have the same business sphere. Here, I’d like you to pay attention to the fact that business can’t be stable (i.e. it can’t stand still). It can either develop or die. If your business’s stopped, the competitors will outstrip you immediately. That’s why, developing your business you have to strive for the fact that your product is better, your goods or service are unique to some extend and the prices are affordable for your potential customers. As different changes in the market happen quite often, developing your business you need to be informed about all those processes and react as quickly as possible. In this case your business development can turn out to be successful and in short terms can bring you financial well-being

So, business development consists of two main components: 1. Goods and services production and 2. Their realization. Developing your business, you need to think of the “harmony” between these two components. One of the mistakes the beginners make is that they pay a lot of attention to product production and dismiss its realization. Such actions can lead you to the failure!

Furthermore, developing your business, you have to focus not only on your own skills and preferences but on the needs of your clients. It is also fair in case their needs go beyond earlier intended goods and services. To have your business developed in the most effective way, you should be ready to change it in such way that it could correspond to current requirements of your customers. There is no doubt it will lead to additional costs; however, as a result, such approach will turn out to be much more effective than trying to sell your customers a pup.

Next well-known mistake is that very often beginners tend to fulfill all the works themselves. On the first stage of business development it might be reasonable, but when your business has got some definite outlines, you as the owner of the business shouldn’t be busy with the routine. Your task is to distinguish that part of the process which supposes actions according to the pattern, which includes unimaginative work and employ somebody to complete this part.

In this time, you will be busy with further development and broadening of your business. All in all, do remember that business development is an interesting and creative process; but if you try to do everything on your own, this process will absorb you completely. And you won’t have time neither for any other activity areas nor for this particular business which having developed to some extend will stop growing further without help of people doing routine work.

Fusionex News Invites Motivations

Fusionex News
Fusionex News

In the nearby circumstance, Fusionex News invites motivations that may support financial dryness as well as induce development, including latest federal government statements on capital crowdfunding, peer-to-peer loan, an RM3bn business digitalisation improvement fund along with subsidised rates of interest at 2%, and also a variety of equity capital funds as well as matching gives. ‘These are actually really good actions over time,’ Kong states. ‘For the shorter-term, it would certainly be actually really good if some kind of gives is actually assigned to companies, particularly SMEs, to motivate all of them to start their shopping or even electronic trip.’

Thus exactly how can fund experts redesign on their own as combination specialist financial advisors? Kong claims that financial advisors have actually reached coating various skill-sets atop a sturdy logical structure. Kong credit scores ACCA along with assisting him to accomplish this. ‘When I began along with ACCA in 1997, I desired to develop a tough groundwork in financial, income tax as well as audit that is actually vital as a crown of financing,’ he points out. In doing this, ACCA additionally supplied Kong along with a structure in technician via the Amount 1 MIS study, while his enthusiasm in huge records came through analysis short articles on the topic posted in Abdominal Muscle.

Economic anxieties can easily make ‘push-and-pull’ elements for innovation expenditure. While some adopters could decide on a ‘wait-and-see’ strategy, others could decide to accept innovation, points out Kong. As an example, information of sellers closing their
bricks-and-mortar outlets may feel like a death knell for culture labels including Toys R United States and also Crabtree & Evelyn. ‘Nonetheless, a few of all of them are actually relocating online, producing their items much more readily available around boundaries and also reaching out to a greater buyer reader,’ he mentions. ‘Technician providers typically participate in a vital task in such movement.’

For the longer-term, Kong proposes that capital expense through organisations in shopping, significant information, AI and also relevant expenditures be actually approved reinvestment allocations or even dual income tax rebates. ‘At this phase, several companies prepare to transport and also grow beyond Malaysia, therefore much higher assets are actually expected to construct and also ensure our Malaysian label abroad as a source of supply of products as well as companies to the worldwide economic situation,’ he points out.

Learn more from http://www.FusionexUs.com
Fusionex
Tower A, Level 12, Plaza 33,
Jalan Kemajuan, 1 Section 13,
46200 Petaling Jaya, Selangor

How To Come Up With Business Development Strategies

Starting your own business is no joke and will require some considerable preparation on your part as an upcoming entrepreneur. In order to increase your chances of success in business, you will need to master powerful business development steps.

Here is the 10 step guide to a successful business development:

1. Develop personal and business objectives 
Many businesses fail because the business owners do not have a sense of direction. Developing and stating your personal and business goals will serve as your roadmap and provide you with a sense of direction.

2. Identify a feasible market sector for your product(s) and or service(s) 
Some people fail in business not because they do not have the finances to start-up their business but because they have a product or service that no one wants to buy. In order to reach professional development in business, you will need to listen (attentively) to the marketplace. Clearly identify an unmet need of customers prior to developing a product to satisfy their needs. Yes, you may be a smart business person, but if the market does not support you, you can say a big farewell to attaining professional development.

3. Work on your marketing plan 
The main purpose of developing a marketing plan is to simply explain how you wish to create and maintain clients/customers in order to make a profit. The plan will also need to state the following: 
– Your target market 
– How you intend to penetrate the market 
– Why your sales campaigns will be successful 
– How much you will sell within the period of one year and over the next 5 years.

Your marketing plan will eventually be a pretty strong part of your professional development plan.

4. Write down a rough version of your company’s business plan 
This is an outline of the path that you wish to take your business, a breakdown of your company’s strengths and weaknesses and a framework from which your official business development plan will be created.

5. Find out your monetary needs 
Some companies fall flat like a pack of cards because they do not know diddly squat about the cost of keeping their company in business. As soon as you have developed your business plan, it is easier to determine your monetary requirements.

6. Put together your main teams 
Before you develop your official business development plan you need to ensure that you form a good management team.

7. Conclude your financing requirements and put together an official professional development plan 
Your business plan should without a doubt, show that your business can sell a sufficient amount of goods and or services to make a reasonable profit and is also good enough to attract prospective backers. Remember, this document will be used in order to secure financing to launch your business – so it has gotta be good!

8. Come up with a good marketing strategy to obtain financing 
You will need to come up with a solid marketing plan to sell yourself and your business to financiers to raise money to get your business off the ground.

9. Market your business plan effectively and attract funds on your terms 
Use negotiating tools which will give an edge over your competition and make it possible to attract funds on your own terms instead of just on your investor’s terms.

10. Market your goods and or service(s) and manage your business effectively in order to achieve your objectives. 
As soon as your business has taken off, you will require a pretty strong management tool and marketing techniques in order to attain a successful professional development.

Should I Hire A Business Development Manager?

If your business has been struggling to get more clients in the last few months or year then consider hiring a business development expert that can find the right joint venture marketing partners that can deliver hot leads to your sales team. Many businesses can find themselves in a rut where it’s really difficult to acquire new customers. A joint venture marketing partnership can be the right strategy to get moving forward again. A business development pro will understand the process of putting together a solid business deal that can grow your company. If you feel that building a network of business partners can help grow your business in ways that are unachievable by yourself then find the right consultant or individual that you can bring in-house and do the deals that will get your company more clients.

Hire the Right Person

Hiring a business development person is different than finding a sales person for your team. While a business development expert can always play the role as sales person the opposite is not always true. A person that specifically focuses on business development will understand how to communicate potential business deals to perspective businesses in the right manner. They will understand that it is critical that a strong relationship is forged between the individuals doing the business deal and the company employees that will be involved in implementing the partnership.

Hiring a consultant or consulting firm to act as a business development team for you company is a great route for many small businesses. Many business that do not have the internal man power and capabilities to identify, engage, and do the business deals necessary for growth can benefit from a consultant or consulting firm that has access to the business decision makers or the experience necessary to reach out to companies and develop the relationships required to put together a great business deal.

While a consultants hourly rate may be higher than you’re comfortable with a deal can be put together much faster by a professional than someone trying for the first time to structure a business partnership. Consultants often will require an hourly rate or fixed salary as well as some kind of bonus structure for placing deals together which may be a single payout for each business deal that is signed or a revenue share that is paid out over a period of time based on the amount of business that is ultimately generated from the relationships. Most consultants will not work for pure commission deals unless they believe that a deal can be put together extremely fast and will generate immediate revenue. Most will want a cash payment coupled with a bonus structure. Companies that want to execute business deals with larger fortune 500 type companies should always highly consider hiring an expert that has preexisting relationships with the company that you want to do a deal with. It’s common to hire a consultant for one specific business partnership.

Managing a Business Development Team

Managing a business development team member is similar to a sales team member in many respects. It is important that as a business owner you control and own the data that is developed by the team member by making them use the corporate customer relationship management system and uploading any data and reports on potential business partners to the corporate document server. Failing to do this a common problem with companies and their sales teams and even more so with business development professionals as the relationships they have and bringing to the table are often held tightly and not given up easily.

If you are hiring an outside consultant there may be specific clauses in the agreement about who owns what data. This is something to be aware of as it can be very frustrating to be a month or two in developing a new business partner and have a person leave and take the contact information and data with them leaving you in a tough place to continue. It’s critical to recognize that a business development team member is going to need to spend time out of the office meeting with companies, going to business events and other functions that may be fruitful in finding and meeting the right business partners, however if you are paying for someone to be at an event then make sure the business cards that are collected get scanned and retained by the company.

If you have decided that in order to get more clients your business needs to develop strategic business partners than consider outsourcing the work to a consultant or hiring a business development expert in order to speed up the process. Avoid taking team members off their existing duties or forcing yourself to forge the relationships by yourself and add more duties to your already exhausting schedule.