Kuala Lumpur , 12 January 2021 - In recent media reports, economists warn that Malaysia’s unemployment rate may be much higher and aggravated by the pandemic, citing that statistically, Malaysia has a 5% unemployment rate, but economically, the country has a 30% unemployment rate (as our labour participation is below 70%).
A study by market research agency YouGov polled 665 full-time workers revealed up to 92% of employed Malaysians are experiencing stress over losing their jobs. The survey indicated that 7 in 10 believe it will be hard to find another job in the face of unemployment.
Traditional bricks & mortar entities and chain store models are crumbling. More are resorting to online platforms to earn income. According to Statista’s findings in January this year, about 81% Malaysian population are active social media users. This was about a 1/3 increase compared to 2016, in which the social media users amounted to approximately 60% of the total population in Malaysia. Many are looking for opportunities to supplement their income by embarking on e-commerce business avenues, especially for millennials and KOLs who are savvy to smart phones and apps to socialise and in current times, make a living.
In view of this, enters MeCan Trade – the 1st ‘Social Commerce” platform in Malaysia, a brainchild of Mr Andy Goh (former founder of OldTown and current owner of Nam Heong restaurant chains).
“The Covid19 happened which saw a devastating impact globally. The use of technology to data mine and acceleration is something inevitable. With or without Covid19, we cannot deny that technology had enhanced and progressed to a level which now becomes a dependency. MeCan Trade is designed to progress businesses into new boundaries. It acts like a business GPS to navigate businesses with more accuracy, new revenue, better control and wider outreach,” said Andy.
On how different Mecan is from other e-commerce platforms, Andy explained “We are not comparable towards the others as the other platforms is a trading ground with business modules required. However, with MeCan Trade, we provide instant tools, facilities, support, product and earning capacity to those who see value in this. There is no risk or capital involved for a social commerce that is signed up with us,” he added.
Costing RM30 million, Mecan Trade has a big vision to create a healthy eco system that promotes a social commerce community. We strive to use technology to its full potential and bring Malaysians up to speed. As MeCan Trade caters to both ends of the supply and demand chain, we would like to achieve a fair ground to our tagline #everyonecantrade.
The objective is to rebuild the economy towards recovery, create new revenue streams, expand business opportunities with Big Data, leverage on crowd sourcing facilities, sustainability with an affordable means.
Our platform is a very unique proposition, catering to 2 main audiences - Sellers and Ambassadors.
Simply, Sellers now have a platform to perform business recovery, consolidate enough data, tools and resources put together to start a business instantly, without being burdened by hefty expenses. The seller’s role is pretty straight-forward; list with MeCan Trade and use the system that allows full transparency, product price control, marketing tools and access to over 1000 fleet of sales force to sell your products.
We pledge fair pricing, guaranteed products that is original and direct from the factory, which also means that the quality will not be compromised for the comfort and reputation of the social commerce to earn with confidence from their social community.
A MeCan Trade Ambassador can earn passive income and become an entrepreneur by directly engaging with the source of the product.
MeCan Trade enables you to have your very own business by providing you your very own personalized e-store instantly with just a few clicks, for absolutely free. You will be able to offer a wide variety of original products directly from product owners. The Ambassadors will be given the freedom to design, customize and choose what they wish to promote to their network and build their own community without worrying about cost, logistics, man power, systems or even quality of the product as all products listed on our platform is direct from the manufacturer or authorized distributor.
Simply, share your selected products on social media to your network or friends to earn from the local & international arena. It has no risk, no capital, 100% genuine and unique products with instant set-up which is completely free for life.
Mecan Trade was launched in May 2020 and is doing well way beyond expectations with over 2,000 skus to choose from and access to over 1,000 ambassadors.
Just recently we also launched campaign of MeCanBoss is already valued at RM15.75 million to nurture social commerce entrepreneurs. “We provide a journey to aspiring local entrepreneurs in generating a self-sustainable income or passive income by trading online with credible, in-demand product from Manufacturers or Authorized Distributors, said Andy.
In the next few years, our core will be strengthened, that means constant system upgrades. We have major plans to improve user experiences and our system will undergo major changes to provide more empowerment, optimum transparency and flexibility, which is the promise that we have pledged to our sellers and ambassadors.