- Published on Thursday, 06 March 2014 16:29
SINGAPORE: eOneNet.com, the leading internet marketing company in Asia, will launch the world’s first eMall franchise tomorrow at Suntec City Convention Centre here.
Aiming to be the world’s largest concept eMall shopping network, it is different from other online sites like Amazon.com trying to sell everything under one roof. Each eMall under the eMall network is an independent concept mall, selling only one particular type of products, such as www.e1BabyGirlClothes.com or www.e1LingerieUnderwear.com, with worldwide shipping.
In a statement, eOneNet.com said this eMall concept will revolutionise the traditional franchise business model as this is the world’s first global eMall franchise which enables franchisees to sell online globally, with eOneNet sourcing the products at wholesale prices and directly handling the logistics.
Explaining the concept, Fione Tan, eOneNet.com chief executive officer, said: “If you open a store, you will normally need to invest in stocks, so you will have to spend lots of money even without knowing if the item will sell or not.
“In our eMall franchise, you can sell the products first, and then order from our suppliers, earning a 50% profit margin, and the product is directly sent to your end customers.
“Most online sellers here are only selling via local platforms to the domestic market with a low profit margin. Why not target global customers and triple your profits?” she asked.
To gain customers’ trust in the products, eOneNet eMalls offer money-back guarantee and free product replacements without customers needing to return the products.
The first batch of nine Concept eMalls will be launched during this event, each focusing on different niche fashion, electronics and lifestyle products.
All products will be offered at 50% discount on the already low prices during launch.
eOneNet.com is an award-winning company started in 1999 in Kuala Lumpur with offices in Singapore, Hong Kong and China.