Ready to transform your business? Thinking of selling online? Use this guide to learn how to sell online to expand your business's cash flow. A compilation of the top platforms in Singapore for your business to start an online presence.
Whether you’re selling fashion items or you own an F&B business, you’re able to find a suitable platform to reach more consumers online. Singapore has grown to be a hotspot for businesses to thrive online. Simply pivoting to online marketplaces could help you to reach the 26% of Singaporeans that shop online at least once a week.
Based on per capita, that’s the highest percentage of online buyers in Southeast Asia.
In addition, selling online helps to activate previously unutilized revenue streams.
In this article, we’ve picked the best online selling platforms in Singapore (read: where most Singaporeans shop).
• Lazada
• Qoo10
• Shopee
• Shopify
• GrabFood
• Deliveroo
• FoodPanda
Lazada gets more than 10 million visitors in Singapore, monthly. It is known for their fashion, consumer electronics, and home & living products.
1. Cost
Registration fees : None
Commission fees : (Commission rate + 2% Payment Service Fee) x Listing Price
2. Payment
Paid out every 14 days
3. Shipping
Fulfilment by Lazada, NinjaVan or Singpost
3. How to register?
Register on Lazada
Lazada has an eCommerce starter package for retailers affected in this period and Lazada University offers a wide range of resources!
Qoo10 gets more than 7 million visitors in Singapore monthly. It is known for their consumer electronics, baby & toys and healthy & living products.
1. Cost
Registration fees : $100 for Case
Commission fees : Seller Grade x Listing Price
2. Payment
Paid out every 7 days
3. Shipping
QExpress
4. How to register?
Register in Qoo10
Qoo10 requires the purchase of QCash for marketing usage on their platform!
Shopee gets more than 7 million visitors in Singapore monthly. It is known for their consumer electronics, home & living products and healthy & beauty products.
1. Cost
Registration fees : None
Commission fees : None
2. Payment
Paid out every 14 days
3. Shipping
NinjaVan, Singpost for deliveries or self-collection
4. How to register?
Register on Shopee
Shopify is a cloud-based, SaaS shopping cart solution that allows you to customise your own shopping platform easily.
1. Cost
Subscription fees : From USD 29 per month
2. Payment
Paid through credit card to your company bank account
3. Shipping
Self-fulfillment
4. How to register?
Register on Shopify. Note that your own domain name is required.
Shopify offers a 90 days FREE trial during this period, you can also get cashback on your subscription fees when you pay using the Aspire Card (check out our other rewards)!
GrabFood is a local F&B services company that offers food delivery services. They get more than 14 million visitors monthly and is known for their wide array of cuisines provided.
1. Cost
Registration fees : $100/outlet if you use your own Android Device and do not print order receipts. $300/outlet for a Grab Order Device that automatically prints order receipts.
Commission fees : 30% on all GrabFood orders
2. Payment
Paid out every 14 days
3. Delivery
Fulfilled by GrabFood drivers
4. How to register?
Register on GrabFood
Deliveroo is a local F&B services company that offers food delivery services. They get more than 470 thousand visitors monthly and are known for their strong fulfillment services.
1. Cost
Commission fees : Depending on merchants
2. Payment
Paid out every 14 days
3. Delivery
Fulfilled by Deliveroo drivers
4. How to register?
Register on Deliveroo
foodpanda is a food delivery platform that lets users order food from their merchant of choice and get it delivered to their doorstep within 15 minutes. According to the Straits Times, the platform sees more than 10 million users on a given day.
Step 1: Sign up via the online form
Step 2: Receive a contract
Step 3: Sign the contract
Step 4: You’re ready to receive orders from hungry foodpanda users
Aspire and Osome partners to offer the first same-day online incorporation and business account opening in Singapore from anywhere in the world.
Furthering their vision to digitize the corporate management and banking industry, the partnership will bring more convenience, ease and speed for directors who want to open a business in Singapore. This new service is 16% cheaper than doing both processes separately on your own.