Blast from
the Past | Saleduck
On the face of it,
Southeast Asia seemed like an e-commerce wonderland with no other place on
earth matching the regional digital adoption. In 2016, following in the
footsteps of China and the US; Southeast Asia was on the cusp of an
e-commerce golden age in online shopping. Among the e-commerce players in
the region, Saleduck made their entry into the foreign markets after their
affluence in the European e-commerce market.
Building upon their
success in their home region, Saleduck reached out to Orchan to establish their
presence in Malaysia first after the initial pre-launch in early 2016. Malaysia
was the first country in Asia that they chose to work from to establish their
presence in Asia. In 2016, the Malaysian government had granted Saleduck with
the prestigious MSC Status. The status granted by the government offered
innovative multimedia companies substantial business benefits. Doing so, the
country hoped to become the Silicon Valley of South East Asia. The Orchan team
offered their unique media engagement initiatives for the launch along with
further PR support.
Saleduck as we know
it is a coupon aggregator and deal community. They are a one-stop-shop for consumers
to shop online and get better deals. Consumers in Southeast Asian countries are
able to benefit from Saleduck especially those who do not want to pay too much
when shopping online.
The launch held at
Leaf & Co, a rustic Baba-Nyonya-style café located in the heart of Kuala
Lumpur, resonated well with the Saleduck brand. It served as an opportunity for
the client to sit down with the media over coffee and talk about the company,
as well as ways consumers can benefit from the service platform.
Their presence across
Europe and Asia, as part of the larger deal community help consumers to save on
shopping throughout the year. Saleduck solved this problem for many by porting
the best deals for consumers who do not necessarily have the time to go from
one website to another searching for the best deals.
Nevertheless, how
does Saleduck really work?
Behind the scenes, Saleduck’s combination of
creative content and unique algorithms facilitate advertisers by promoting
their marketing campaigns. They provide exclusive codes and features the
brands’ product with additional discount on their website. They also assist consumers
to focus on getting the best deals at a fraction of the time they spend at
other sites.
By working with
advertisers connected through affiliate marketing networks, Saleduck sends the converting
traffic to advertisers and the website earns a small commission based on each
sale. The platform has since collaborated with some of the biggest e-commerce
players like Lazada, Zalora, Agoda, Klook, Shopee and many more.
In 2018, Saleduck
updated their website with unique features to enhance their customers’ journey.
The website featured combinations of product prices and additional discounts as
their next step forward in the deal community. The beta launch for the improved
website participated with 30 advertisers like About You, Sarenza and Plopsa,
which resulted in almost 500,000 more products on Saleduck’s e-commerce site. Saleduck’s
progressive growth in the Asian market has already expanded through to Singapore
followed by Indonesia, Thailand, Philippines and Vietnam. Their algorithms used
different variables help to sort valuable data into conversion rates and
improved site content. Advertisers could improve their visibility on multiple
spots based on the algorithms.
As one of the many
e-commerce sites that contributed to the e-commerce economy, Saleduck passed
the torch to their new CEO Sjoerd Copier taking over from Saleduck’s Co-Founder
Domingo Karsten who will be stepping down after having led the company the past
10 years. Sjoerd feels extremely confident with the Kuala Lumpur team after
having chosen a strategic path for the company for having successfully merged
Saleduck Europe and Saleduck Asia in Q1.
Moving forward, the
revenue for the e-commerce market is projected to reach USD 1.367trillion by
the end of 2020. With a total of population of around 30 million, Malaysia is
an appealing market for e-commerce in Southeast Asia because of its
fast-growing economy and advanced infrastructure for digital technologies.
No comments:
Post a Comment