Daraz announces 2021 Seller Promises: Faster Pay-outs and Accelerated Business Growth for Local Entrepreneurs

By Abdul

SINGAPORE, Apr 26, 2021 – (ACN Newswire via SEAPRWire.com) – Daraz, the leading e-commerce platform in South Asia, announced its commitment to providing additional support for local entrepreneurs and enhancing the selling experience on the platform over the coming months. In a recent online conference, Daraz Group CEO Bjarke Mikkelsen announced key initiatives planned for Seller growth on Daraz.

With these initiatives, Daraz will aid economic growth in the region and accelerate digitalization. According to Bjarke, “Sellers are the heart of Daraz’ ecosystem, and our key 2021 focus will be to make it easier and faster to sign up, start selling, and grow your business online. Our 2021 Seller Promises form the foundation of improving the Seller experience and allowing our Sellers to capture the full growth potential in the market.”

Key initiatives of the Daraz announcement include:
1. Easier and faster to sign-up, so new Sellers can start selling within 24 hours.
2. Payment cycle reduced from 14 to 7 days, so Sellers will be paid twice as fast.
3. Sellers enquiries live chat within 30 seconds during business hours, for instant support.
4. Sellers not selling as expected will receive specific support to identify business gaps.
5. Sellers will file easier and faster claims when needed.

With these initiatives and continued investments to increase the user base, Daraz expects to double the number of Sellers generating more than $1,000 revenue per month before the end of the year.

COVID has accelerated the retail shift to e-commerce, and thousands of Sellers have been joining Daraz every month. However, the online retail share in the region is still low, and South Asian markets are expected to grow rapidly in the coming years.

On this note, CEO Bjarke added, “We hope our Seller community is as optimistic as we are about the year to come. Despite the COVID impact on the broader economy, we are convinced that 2021 will be a year of great success for e-commerce. We will be doing our utmost to make it a success for all of our trusted and valued Sellers.”

Daraz’ mission is to empower entrepreneurs across the region with its technology, logistics and business infrastructure. The Seller Promises for 2021 are a testament to the brand’s commitment towards its Sellers and ecosystem.

As Jack Ma, founder of Daraz’ parent company said, “Our philosophy is that we want to be an ecosystem. Our philosophy is to empower others to sell, empower others to service, making sure the other people are more powerful than us. With our technology, our innovation and our partners, we can compete like a Microsoft or IBM.”

With this vision, Daraz will enable ease of business so Sellers will encourage the shift to e-commerce. Visit us at Daraz.pk!

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