Four Product Categories That Actually Sell in the Southeast Asian E-commerce Market
With the rise of e-commerce in Southeast Asia, it is no surprise that the region has become a very attractive market for online retailers to get into. And with the e-commerce industry’s current status within the region, it is still expected to witness growth for years to come. Which is good news for foreign brands out there. But before entering this opportunity-filled, ever-demanding, and vibrant market, you need to know what sells and what doesn’t.
Here are the product categories that actually sell in Southeast Asia:
Fashion and Clothing
When it comes to fashion and clothing, Southeast Asians surely do not want to miss out on the latest trends. This has become the reason why the fashion and clothing industry has become one of the most competitive online selling categories within the region. So for foreign brands looking to enter the market, then you might want to consider having a clothing or fashion line business to establish.
Furniture and Home Decor
The demand for furniture and home furnishings has skyrocketed because of the pandemic that happened two years ago. This category has become one of those choices if you’re looking for products that would definitely bring you huge returns. Southeast Asians are known to love furniture and home decor of all kinds of materials such as rattan, wood, metal, and more.
Among all households in this region, about 10% of the whole population have children in their homes and is expected to grow more year by year. So if you’re a business owner who is planning to enter this market but still doesn’t have any products to sell in mind, well, you may want to consider selling baby products such as toddler clothes, formula milk, diapers, and feeding bottles.
Who doesn’t use smartphones or smart televisions these days? Despite the fact of being pricey and not-so-affordable for a lot of consumers, this product category has always had a strong marketability, which ensures retailers that it won’t give them a hard time and won’t have to exert a lot of effort just to have these products sold.
Entering this market might not be easy, you’ll encounter a lot of problems, issues, and challenges. But one thing is for sure, with the right products and strategies combined with hard work and dedication, then your business will achieve its goals and become successful in no time.