KUALA LUMPUR, MALAYSIA -
Media OutReach Newswire - 17 January 2025 -
Shopee
solidifies its commitment to empowering local businesses and
contributing to the growth of Malaysia's digital economy. In 2024, local
brands, sellers, and affiliates achieved remarkable growth, including
triple digit increases in key metrics like affiliate growth and
livestream engagement, showcasing their transformative impact on
Malaysia's e-commerce landscape. Together, they delivered innovative,
engaging, and seamless shopping experiences for millions of Malaysians
nationwide.
Shopee Live Drives Growth, Expands Opportunities for Sellers
Shopee Live sellers achieved remarkable success last year by leveraging
real-time engagement and live demos to build trust and foster deeper
connections with customers. By participating in Shopee's campaigns and
utilising platform features such as exclusive Shopee Live vouchers and
interactive user engagement tools, sellers maximized their reach. This
comprehensive approach resulted in a 300% rise in unique viewers
throughout the year and 37-fold increase in total views, reaching 77
billion throughout the year. These results underscore the power of
combining Shopee Live's capabilities with targeted platform strategies
Local brands and sellers who achieved over RM1 million in sales via
Shopee Live last year experienced up to 11-times growth in order volume.
Top brands who realised over RM5 million in sales in 2024 saw a tenfold
surge in order volume while local sellers who earned over RM500,000
quadrupled their orders through the livestream feature.
Notable performers such as Panda Eyes, Elgini, Gun Pet Outlet &
Simba Shop, and Kedai Abang Syukor exemplified the impact of Shopee
Live, where they effectively connected with audiences, showcased
products and maximised platform tools, turning their livestreams into
compelling success stories.
Shopee Affiliates Drive Sales and Boost Seller Visibility
In 2024, Shopee Affiliates transformed the e-commerce landscape by
boosting exposure for sellers while unlocking new income streams.
Affiliates participation grew by 161%, more than doubling in number, and
drove an 80% increase in local brand and seller orders. The Affiliates
also harnessed the power of Shopee Live, with Affiliate-hosted
livestreams surging 16-fold and generating a 1,200% rise in orders
compared to the year before.
Among top-performing affiliates are Nurul Syuhana and Celeste Phuah,
winners of the ‘Shopee Affiliate 2 Million Ringgit Club' and ‘Shopee
Affiliate 5 Million Ringgit Club' awards, recognising affiliates who
achieved RM2 million and RM5 million in sales milestones for local
businesses on Shopee. Their success highlights how affiliates are
driving sales growth for sellers. By combining their efforts with
livestreaming, they effectively boost sales while fostering direct,
engaging connections with audiences, showcasing the transformative
impact of Shopee's affiliate and livestreaming ecosystem.
Shopee Video Unlocks New User Engagement Channels
Since its launch in April 2024, Shopee Video has become an essential
tool for sellers and affiliates. Over 7 million videos were created,
with affiliates contributing 68% of the content. These videos drove over
500,000 orders while building buyer confidence through clear product
demonstrations.
Delivering Quality Experiences through Value and Convenience
Shopee's commitment to enhancing the shopping experience has led to a
significant increase in buyer engagement with its key features and
services. In 2024, 14 million Malaysians benefited from Shopee's Free
Shipping voucher. Same Day Delivery options, which enable buyers to
receive orders placed before 2 PM on the same day, saw an 84-fold
increase in usage in 2024. Self-Collection, offering buyers the
convenience of picking up parcels from over 1,200 service points
nationwide, experienced a sixfold rise in adoption. This surge in buyer
engagement highlights Shopee's dedication to providing an efficient
shopping experience, meeting the diverse needs of buyers, and empowering
them with flexibility.
“2024 has been a year of exceptional accomplishments for Shopee,
demonstrating the power of e-commerce in empowering local businesses and
enriching the lives of Malaysians. Our growth over the year underscores
our commitment to address the evolving needs of brands, sellers,
affiliates, and shoppers through innovative solutions and new platform
features. Shopee will continue to invest in initiatives that enable
local businesses to thrive, enhance the shopping experience for our
users, and contribute positively to the Malaysian digital economy,” said
Tan Ming Kit, Head of Marketing and Business Intelligence at Shopee Malaysia.