Kuala Lumpur, Malaysia – Live streaming platform Bigo Live in Malaysia has announced the official launch of ‘Bigo Marketplace’, a new e-commerce initiative by the platform to aid local micro-enterprises and small and midsize businesses (SMBs) leverage the platform’s growing user base to increase brand exposure and facilitate sales conversions.
With Bigo Marketplace, Bigo Live has launched a new feature called ‘Shop’ on the Bigo Live app which users and broadcasters alike can access for an easier and convenient shopping experience. Said feature is currently available to vendors who have already signed on to the Bigo Marketplace program and enables them to direct Bigo Live users to their brand or product’s website during their live streaming sessions.
As the feature is currently in its Beta stage, it is currently available to registered users, broadcasters, and vendors.
“Here at Bigo Live, we are committed to providing our users with engaging and meaningful content that not only entertains but also gives back to the community through curated content that helps Malaysian businesses through this difficult period. With Bigo Marketplace, we not only want to look after our growing ecosystem of content creators but also provide business owners with an additional platform to generate income and exposure for their businesses,” a Bigo Live spokesperson said.
The ‘Bigo Marketplace’ launch follows the success of Bigo Live’s first e-commerce online marketplace event, ‘Bigo Pasar Malam’, where Bigo Live users were able to participate in live stream sales sessions simulating the Malaysian night market experience. Held last 30 July and 6 August 2021, the event saw over 100 Bigo Live broadcasters offering products for sale from their own businesses. These products ranged from clothing, snacks, gadgets, accessories, homeware, as well as cosmetic and skincare products.
“Malaysia is among the top e-commerce markets in Southeast Asia. Following the success of ‘Bigo Pasar Malam’, where the event drew in between around 150,000 to 200,000 views for our vendors during each session, and observing certain vendors who managed to sell more than 100 items within 2 hours, we decided to launch Bigo Marketplace as we recognized the potential of live streaming as a key contributor to Malaysia’s e-commerce industry,” the spokesperson added.
