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Tuesday, March 25, 2014

Bright Future Ahead for Online Business in Brunei


Online business is taking over the Brunei’s market by storm due to the accessibility of internet that provides a platform for selling goods and services. Facebook, Instagrams and blogs are some of the social media opted to advertise the products with little to no investment. Online local businesses could now penetrate wide ranges of market as Brunei has become a wired society. 
 

“Our customers are 100% from online” said Haziq Sahminan, the founder of Ministry of Moment Brunei. “Most of them are locals, but recently we have a foreign customer from Germany,” he added.  The company is a franchise wedding photography services from Malaysia which has started their online business in August last year. Although home-based, they have utilized the Internet for primary exposure as well as the cloud system and bandwidth to operate their business. With the recent success, he hopes to open a photography studio next year.

Online business offer customers with a wide variety of product choices from fashion to foods as well as interesting services such as pet grooming. “The reason why I like to buy desserts online is because the products in the bakery are limited” said Rabiatulaqilah, a frequent online customer.  She would first view the product via Instagram and Facebook, and then place her order via Whatsapp. According to her, a customized cake for special events such as birthday or wedding needs to be booked a month or two weeks before the occasion, but usually she makes the booking on the spot. 

“I prefer online shopping to physical shopping”, Siti Zaleha commented. As an avid online shopper, she shops online three to four times a month. “Rather than searching for products at a store, I can easily browse through the internet and get the products at the meeting point,” she added. The usual meeting points include Giant Rimba, Hua Ho Manggis and the seller’s home. 

When speaking of online business, language is one of the unique topics to be discussed. Abbreviation and acronyms are synonymous to online shopping. “Book sis” and “MP?” are the common phrase between seller and buyer which meant “I want to book this product” and “Where’s the meeting point?” respectively. By understanding the online culture, anyone who wishes to venture into business could give it a go. 

The positive response from local online seller and customers shows that there is a bright future ahead for local online business. With better internet connectivity, even a small business with no outlet could benefit from online business and at the same time boosts Brunei’s economic growth.

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