WITH the launching of internet facilities by BaganNET in March
2002, it looked for a while like the dream of striking it rich
through e-commerce was finally going to be realised.
However, there are still only a few hundred companies—a
handful compared to the myriad businesses in Myanmar—who
have launched their enterprises online.
According to Zaw Htut, a leading web developer and founder of
the Win Myanmar Company, Myanmar has already made a huge leap
forward from being a country with extremely limited internet access—a
fact that caught the interest of the New York Times, which published
an article on the subject in 2000—to one that now has 75,000
users and counting.
However, viewed from another perspective, this means that only
13 per cent of Myanmar’s 55 million people are using the
internet.
The low percentage of local internet users, though, should not
discourage Myanmar businesses from trying to sell their wares
online to international clients, who use the internet in much
greater numbers, Zaw Htut.
Internationally, travel agencies, airlines, hotels and cruise
lines have been huge e-commerce success stories, with export companies
not far behind. Through his web development company, Zaw Htut
has helped put 32 tour operators, seven export companies, five
marine producers, and four gem dealers in Myanmar onto e-commerce.
“A few of the more successful travel agencies that have
signed contracts with our company have increased their sales to
over US$2 million in the last two years,” Zaw Htut said,
adding proof to the hype surrounding the potential of e-commerce
to boost companies’ earnings.
Win Myanmar offers a variety of internet packages, ranging in
price from K197,000 to K1,484,000 each, which include a year’s
hosting, a domain name and promotion.
After selecting a package, the customer signs a contract and
pays half of the fees up front. Afterwards, the customer and Win
Myanmar go through a process of building web pages and revising
them until the customer is satisfied with the website.
“The primary reason to build a website is to get a return
and to get business leads out of it,” Zaw Htut says.
In seminars, he tries to get the message across to hopeful merchants
that e-commerce can be a lucrative venture for them with the right
approach.
He also tells his audiences an anecdote about grocery shopping
at a supermarket in Maryland, where he encountered on the shelves
a packet of 10 large banana leaves that was being sold for $2.50.
He was even more shocked when he saw the label: ‘Product
of Thailand.’
“I was so amazed!” he said. “If Thai banana
leaves can sell halfway across the world, so can our bountiful
Myanmar resources. All we need is good marketing.”
If Myanmar’s entrepreneurs really want to jumpstart their
e-commerce business, Zaw Htut added, they should also improve
their English skills.
According to him, many local companies that have launched e-commerce
websites are stumped when they get inquiries or orders in English
from foreign countries.
It may be a bit early for domestic e-commerce marketing due to
the low numbers of internet users here, but for business people
interested in the overseas market, it may be worthwhile to attempt
to set up an e-commerce website.
Recently, after launching their website, the TOYO Company (which
produces car batteries) received orders all the way from Peru.