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Shopmatic expands footprint in Asia, announces launch in Singapore

RBR Staff Writer Published 26 April 2016

Shopmatic, a homegrown e-commerce SaaS (Software as a Service) company, has launched its business operation in Singapore designed to help local entrepreneurs go digital, particularly SMEs (Small and Medium-sized Enterprises) and 'Homepreneurs' (entrepreneurs who work from home).

"The opportunity for local businesses to leverage the online world is immense, and that's what we want to enable for Singapore. We are looking at the market opportunity through three audience segments -- existing SMEs that are selling their products but are not online, existing SMEs that are selling their products offline with a minimal presence online or selling through marketplaces and, lastly, the big opportunity that sits with Individual entrepreneurs who have yet to realise the potential of doing business online. If we just look at Singapore, SMEs take up 99% of all enterprises in this city-state and there is a significant base of untapped individual entrepreneurs1," CEO & Co-Founder of Shopmatic Group, Anurag Avula said.

An Online Platform where Every Business Owner Can Go Digital
Since its inception in December 2014, Shopmatic has offered a revolutionary, all-in-one e-commerce solution that enables business owners to build and manage their businesses online, commission-free.

"At Shopmatic, we understand that managing payments is one of the biggest challenges for SMEs," Mr Avula said. "We are delighted to partner with PayPal to enable cross-border trade for local business owners, making it easier for merchants to accept payments from customers outside Singapore. We are focused on helping not only the SMEs and individual entrepreneurs to find their success in the online world, but also to give them global exposure.

"We have no hidden costs and charge just $38 per month for enabling the entire online ecosystem for our customers. You get four months free if you sign up for our 12-month plan and a month free with our six-month plan. We don't charge any additional fees per sale made by the customer."

Shopmatic has recently launched Business Services for seven verticals. These include:

Beauty & Wellness - Facials, Facial Treatments, Spas, Manicure, Pedicure, De-Tox therapies, etc.
Education - Home Tutors
Wedding and Events - Venue decorators, Wedding photographers, Bridal make-up artists, wedding choreographers and so on.
Health Services - Personal trainers for yoga, Pilates, Zumba, dance, spa treatments
Interior Decoration - Interior designing, Personalized Product Suggestions, Room Placement Visualization etc.
Real Estate - Property and investment consulting, Advisor, Architecture, Vaastu Consultants etc

This year, the company plans to expand its presence to other parts of Asia such as Hong Kong, Philippines, Australia, and Indonesia, further strengthening its commitment to the region.

Source: Company Press Release