Online Business Made Easy at Multiply.com

When the financial crisis hit the world in 2007, the effects were felt immediately, as big corporations struggled hard to stay afloat. The crisis' effects were even harder on the smaller businesses, which have no other means of support, unlike that of the larger companies. And if many think that this one is only limited to real word businesses, the online business scene also felt the crisis.

Indeed, while online businesses don't often transact physical goods, they do still rely much one the current financial system. Thus, they are still very much prone to the effects of the financial slowdown. And  just like the real world, there are also a lot of small scale businesses here that were greatly affected.

Thus, some online businesses are wondering as to how they can still maintain their competitive edge even with only a limited amount of resources. Luckily, there are several ways that one can use in order to maintain their site's edge over other, even with a small budget.

From a social networking site to communicate users into a Multiply Commerce; a transformation of getting more people connected at the same time offering a comfortable e-commerce platform for all aspiring entrepreneurs. The Philippines, as one of the largest and highest ranking of social network users in the globe will experience the one of the best e-commerce program that also includes a full functional system that you can easily monitor and transact your business without leaving the website.

Now shoppers can browse at more than 82,000 shops from Filipino merchants alone, making Multiply.com the widest on-line shopping portal in the region. Aside from providing the widest range of on-line shops, Multiply’s strength as an on-line business platform remains unrivaled. With over thousands of successful registered merchants, Multiply has evolved to become a viable business platform for aspiring entrepreneurs.

”Much like any other business, it is crucial to determine what your unique selling proposition is. The growth of Multiply as a social shopping network was rather organic, with netizens first seeing its potential as a business platform,” said Multiply

Philippines CEO, Jack Madrid, “We listened to the needs of the market and discovered the strength of Multiply, harnessed this opportunity and developed a fully-functioning e-commerce site with the introduction of Multiply Commerce” added Madrid.

For buyers, Multiply Commerce developed the Marketplace that offers a listing of a wide variety of shops while sellers can take advantage of the Multiply Commerce program.

Multiply Commerce: Offering real-world success for entrepreneurs, on-line
With the introduction of the Multiply Commerce program, sellers can now optimizetheir businesses with its new features that will help push their businessesforward:

1.     Payment System

In the Philippines, Multiply has partnered with Banco de Oro virtual card, BPI, Paypal and Globe Gcash to ensure fast and safer payment systems since buyers will be paying Multiply.com directly rather than individual shops. In effect, Merchants don’t need to open separate accounts to offer different payment options. They just need a BDO or BPI account where Multiply.com will transfer earning to begin selling.

2.     Product Listings

The product listings feature allows sellers to categorize their merchandise instead of just using the photo album function to share their wares.

3.     Stock Room

The Stock Room feature offers merchants a dashboard of product listings for more efficiently managing their business.This is where they can manage inventory, monitor orders and update product listings and track their cashflow.

4.     Buyer Protection

To ensure safe and seamless transactions, Multiply Commerce offers a Buyer Protection program for sellers who opt to become Trusted Sellers. In this arrangement, Multiply will be able to help the shoppers and merchants resolve transactional issues in case of any disputes.

5.     Shopping Cart

Interested buyers can easily buy several items from a single shop or several items from different shops in one go. This feature fastens the purchasing procedure because they need not contact eachshop for individual for multiply orders.

For existing sellers, Multiply Commerce provides step by step instruction on how to migrate their merchandise from Photo Albums to the new selling platform. Once the seller migrates to the program, Buyers who log into Multiply.com will be able to to buy more easily and more securely using the new platform.

With the introduction of the new and improved Multiply Commerce that takes on ane-commerce platform, buyers and sellers can enjoy easy, safe and accessibleshopping at their convenience.

credits: Multiply Commerce