New online business trend gaining traction

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PETALING JAYA: When times get tough, the saying “necessity is the mother of invention” rings so true. It is during these times that many people become...

: When times get tough, the saying “necessity is the mother of invention” rings so true. It is during these times that many people become innovative at generating income.

They create their own website or business social media pages and market the products through online advertising via Facebook and Google advertisements. Nur Ashiqin Md Yunan, a 21-year-old student from Johor Baru, ventured into dropshipping to challenge herself in the field of marketing.It is difficult right now to do business, especially since some of the target audience might not be earning money anymore, she added.“I can earn an income while gaining knowledge in business. Dropshipping is the best step for those who want to start their own business,” said Nur Ashiqin.

He did this by focusing on countries with higher purchasing power such as the US to fully maximise his margins.“Besides the low start-up costs as compared to other businesses, my decision to start dropshipping was also mainly to compensate for my below-average results in university. I had to find a way to stand out from my peers,” added Chan.

 

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