Thursday, July 8, 2010

About MySQUARE

Online + Retail Business Dimension

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To encourage more fun in online business culture, MyDVS has created the MySQUARE™ retail outlet with the aim of promoting youth involvement in our online society and to encourage creativity and entrepreneurship among youths in Malaysia. The MySQUARE™ consists of retail squares which couple with incredible value added services such as Print Services (I-PRINT) and Digital Signage Advertisement (MyDVS). MySQUARE™ business concept will allowed young entrepreneurs to provide personalised services or to showcase and sell their products with the objective to provide ample opportunities for aspiring youth entrepreneurs to improve their business and online marketing skills. As such business concepts, MyDVS is proud and confident to embark on this new business dimension which consist of creative retail platform and the emerging E-commerce solution.

At the heart of this retail area is a series of glass display boxes in which young entrepreneurs can display their items in the boxes to showcase their products such as accessories, beauty products, handmade product and etc. before venturing into a full retail outfit. This retail concept is being carried out to be in line with the our vision to create young e-entrepreneurs so as to engage the youths and to encourage them to participate in the borderless business dimension.

MySQUARE™ members can shop with their membership card at the retail outlet to collect point and enjoy discounts off on any purchase they made online.

MySQUARE™ Retail concept allows interested youths to start their online and retailing businesses at a very affordable operating cost and much lower business risk than the conventional way. MySQUARE™ first retail outlet is also located strategically in in the heart of KL center in the Golden Triangle Area – Sungai Wang Complex. Shop-in-a-Box is a relatively new shopping concept in Malaysia whereby different sellers display their products at a common shop space through various display boxes. This revolutionary shopping concept is able to achieve 2 main objectives which make it an increasingly popular shopping choice in Malaysia: Lower operating cost for the sellers and Focused shopping experience for the buyers.

Sellers will also save up huge expenses on labour costs and operating expenses since there will be sales support provided by the MySQUARE™ Display operator whose main job is to assist in the promotion and sales of the items in the display boxes. Buyers will enjoy greater shopping experience because this concept allows many products to be displayed at a common spot, thereby reducing shopping time. Very often, products displayed at these boxes are more innovative and unique because of direct competition and comparison with neighbouring boxes.

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