5m Micro Entrepreneurs to benefit from Ecommerce Experts

5m Micro Entrepreneurs to benefit
5m Micro Entrepreneurs to benefit from Ecommerce Experts

ISLAMABAD: Experts on Thursday said that 5 million ‘Micro-Entrepreneurs’ in the country to benefit from E-commerce and Digital Skills for connecting local businesses with global chain. Extreme Commerce and Dukan. pk collaborated to empower people to achieve self-sufficiency through e-commerce and digital skills, said a press release issued here. Extreme Commerce’s Founder and CEO, Sunny Ali said, “It is heartening to see the emergence of local platforms like Dukan. pk to help sellers reach their customers. We are proud to partner with the leader in this space. ” He further said, “this partnership will allow anyone with a Smartphone to gain e-commerce selling skills and equip them with easy-to-use technology, enabling web store creation, online payments, and delivery management. ” There are currently over 5 Million micro and small enterprises (MSMEs) in Pakistan that are eager to join the e-commerce revolution but lack the technical know-how, he said. Although Pakistan ranks at 72 among 190 countries on starting a business on the World Bank”s Ease of Doing Business Report 2020, the new dynamics demand a new approach for the micro, small and medium enterprises, he said. He said this gap has been filled by the two leading enterprises in Pakistan by joining hands, with a common goal of empowering the people of Pakistan to achieve self-sufficiency through e-commerce and digital skills, Dukan. pk has partnered with Extreme Commerce to help local businesses sell online. Extreme Commerce is the largest online selling community of Pakistan with approximately 700,000 members, he said. He said that it has trained and helped thousands of people to sell online in the ecommerce platform and generate over $100 million in sales through Amazon, eBay, and other platforms. He said the partnership will look into the possibilities to capacitate businesses for online payments as well. 72.29 percent enterprises in Pakistan reported cash as the major payment method. 59.74 percent Micro Small and Medium Enterprises (MSMEs) in Pakistan reported bank transfer method, 24.24 percent used personal cheque to make payments, 22.08 percent online payment method, 13.85 percent debit or credit cards, 6.49 percent money orders, and 4.33 percent used mobile payment methods.