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The New Realities of Business in Malaysia

Brought to you by CloudRock Asia The New Realities of Business How The Internet Has Radically Changed The Way Companies Do Business in Malaysia Malaysian Internet Users 67% Internet Penetration Rate 25.3 million Internet Users 20 Hours Spent Online per Week US$3.65 billion Estimated E-Commerce Market Size 87.9% of Malaysians on the Internet access Facebook 80% stream or download videos each month 5th "Selfiest City in the World (Petaling Jaya) Two-Thirds of Buyers Conduct Research First and then Contact their Vendors, Not Vice Versa 81% of C-Level Executives Access the Internet Daily For Business Intelligence 74% 70% 53% Found the Internet Very Valuable for Business Info Prefer Reading Business Information Online Of C-Level Execs Prefer Finding Decision-Making Info Themselves Buyer's Journey (Then) Buyer's Journey (Now) Need Identified Need Identified Information Search Information Search The Point Where Your Leads Contact You Evaluate Alternatives Evaluate Alternatives Negotiate Negotiate Purchase Purchase 57% - 70% Of Purchasing Process Complete Before Your Leads Contact You Sources: The Digital Evolution in B2B Marketing http://www.erecutiveboard.com/exbd-resources/content/digital-evolution/index.html HQUDIOCK The Rise of the Digital C-Suite http://images.forbes.com/forbesinsights/StudyPDFs/DigitalCsuite.pdf Sacial, Digital & Mobile Around The World: http://ww.slideshare.net/wearesocialsg/sucial-digital-mobile-around-the-world-january-2014 The Selfiest Cities in the World: TIME's Definitive Ranking http://time.com/selfies-cities-world-rankings www.cloudrock.asia

The New Realities of Business in Malaysia

shared by Fairuze on Jun 23
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The Internet has completely changed the way business is conducted, but SMEs in Malaysia areslow to catch up. These SMEs are typically sales and relationship focused, and are unable to grasp the impact...

Publisher

CloudRock

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Fairuze

Category

Business
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