8 DECEMBER 2021, KUALA LUMPUR – The wait is over as PGMall, the leading homegrown online marketplace in Malaysia has finally unveiled its secret to success with the debut of the legendary book, “ConsuMerchant” written by Jonaina Nordin, a reputable Social Commerce Entrepreneur. The book was officially launched by Dato’ Wira Louis Ng, Founder of PGMall together with Mr Yong Kai Ping, the CEO of SIDEC, Puan Jonaina Nordin, the book author, accompanied by Mr. Jerry Ng, Chief Operating Officer of PGMall here at Hilton Kuala Lumpur, today.
Ranked as the Third Most Visited Online Shopping Platform (by iPrice) among two other foreign-owned brands, with 4.09 million average web visits per month in year 2020 and 7.83 million average web visits per month in year 2021, PGMall remains as the No.1 Local Online Shopping Platform in Malaysia. To date, PGMall has garnered over 7,830,000 network visits with a customer base of 3 million every month, and is still growing.
Based on a recent report by Similarweb, PGMall has recorded 10.95 million site visits in the month of October 2021, a 39.45% growth from the previous month. Not only that, PGMall has also gained a 500% increase in Gross Merchandise Value (GMV) compared to the year before, from the recently held 11.11 Campaign. This rapid growth is a testament to the sharp increase in sellers and shoppers in the past months. All in all, PGMall experienced a 300% growth in GMV in both year 2019 and 2020, and is on the verge to double in growth to achieving RM600 million for the current financial year of 2021.
Established in 2017, PGMall aspires to bridge homegrown brands to global frontier through its very own unique Sharing Economy business model called ConsuMerchant. Emphasizes on the ‘Shop, Share, Earn’ philosophy, the ConsuMerchant business model is aimed at creating a healthy and balanced economy business ecosystem by offering everyone an equal opportunity to earn legitimate income and build a permanent business empire with PGMall.
In this “ConsuMerchant” book, Puan Jonaina shares about her experience of discovering a local e- Commerce platform called PGMall that she not only could shop for the things she needs and likes, but she is also rewarded for every purchases she made on this platform. Puan Jonaina is surprised that she could earn good incomes from just shopping. Apart from the exceptional personal shopping experience, she is also impressed that PGMall offers mind blowing long-term cashback as well as incentives for referring new shoppers onboard. Never had any online shopping platform rewards its shoppers in long term basis, but PGMall does otherwise through their referral and customer loyalty programme.
The ConsuMerchant business model is the brainchild of the brand founder, Dato’ Wira Louis Ng, created to provide an extraordinary trading and shopping experience for merchants and customers, where they could buy and sell, and be rewarded with legitimate returns. This marks the first of its kind ever introduced in the e-Commerce industry.
According to PGMall Founder, Dato’ Wira Louis Ng, “Shoppers are the value creators for the whole economy chain. Based on the law of supply and demand, every goods (supply) must have buyers (demand) in order for goods to be valuable within the economy ecosystem. And with the ‘Shop, Share, Earn’ concept under our ConsuMerchant business model, existing shoppers who refer their friends and family onboard, or even other shoppers in general, they will be rewarded through the referral and loyalty programme. The more shoppers they refer, the more they will earn. Not just that, with the high traffic onboard PGMall, the merchants will inevitably benefit from it too.”
Apart from the referral and customer loyalty programme where shoppers enjoy great cashback and incentives, PGMall also hosts many other attractive sales campaigns to benefit shoppers from time to time. Up next would be the Mega 12.12 e-Commerce Shopping Campaign, where shoppers get to enjoy great savings through discount vouchers offered by sellers onboard as well as government initiatives vouchers such as ‘Belanjanwan’ and ‘Shop Malaysia Online’. Previously, PGMall had participated in other marketing campaigns too, such as Go e-Commerce, Kempen Beli Barangan Malaysia, Penang e-Bazar to support Penang sellers and the SAVE 2.0 program to encourage public to save energy by using energy savings appliances.
For more information about the ‘ConsuMerchant’ business model and how one could maximise on their shopping experience with PGMall, purchase the “ConsuMerchant” book at www.pgmall.my/Galeri-Cik- Jun or visit PGMall official Facebook page at “PGMallMalaysia” to find out more.