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CommunityMarch 20, 2024Dhaka, Bangladesh

MiraShop Announces SME Seller Program

As part of its commitment to empowering local businesses, MiraShop unveils a dedicated program to onboard and support 5,000 small and medium enterprises across Bangladesh.

MiraShop Communications

press@mirashop.com

MiraShop

Press Release

MiraShop has officially launched its SME Seller Program, a comprehensive initiative designed to empower small and medium enterprises across Bangladesh by providing them with the tools, training, and platform access needed to thrive in the digital economy. The program aims to onboard 5,000 verified SME sellers within its first year, with a particular focus on businesses owned by women entrepreneurs and enterprises operating outside of Dhaka.

The SME Seller Program offers a suite of benefits tailored to the unique needs of small businesses. Participating sellers receive a reduced commission structure for their first six months on the platform, giving them a financial runway to establish their online presence. They also gain access to MiraShop's Seller Dashboard, a comprehensive toolset that includes real-time sales analytics, inventory management, dynamic pricing suggestions, and customer review monitoring.

A key differentiator of the program is its emphasis on education and capacity building. MiraShop has developed a Seller Academy that provides free online courses covering topics such as product photography, listing optimization, digital marketing, customer service excellence, and financial management for e-commerce businesses. These courses are available in Bengali and English, and are taught by industry experts and successful MiraShop sellers.

The program also includes dedicated seller support channels, with a team of account managers assigned to SME sellers to provide personalized guidance. Monthly virtual meetups connect sellers with peers and MiraShop leadership, fostering a collaborative community where sellers can share best practices, discuss challenges, and learn from each other's experiences. Top-performing SME sellers are featured in MiraShop's marketing campaigns and social media channels, giving them additional visibility.

MiraShop recognizes that access to capital is a significant barrier for many small businesses. To address this, the company has partnered with several microfinance institutions and digital lending platforms to offer working capital loans of up to ৳500,000 to qualified SME sellers. These loans are offered at preferential interest rates and feature flexible repayment terms aligned with sellers' sales cycles on the platform.

The response to the SME Seller Program has been exceptional, with over 1,200 applications received within the first month of launch. Applicants span a wide range of product categories including handicrafts, textiles, organic foods, leather goods, electronics accessories, and personal care products. MiraShop expects the program to significantly diversify its product catalog while creating economic opportunities for entrepreneurs across Bangladesh.

Bangladesh's small businesses are the backbone of our economy, and we believe technology should amplify their reach, not replace them. Our SME Seller Program is designed to give every ambitious entrepreneur a fair shot at success in the digital marketplace.

M

MiraShop Commerce

Head of Seller Relations

Key Highlights

1

SME Seller Program launched to onboard 5,000 sellers in year one

2

Reduced commission structure for first 6 months

3

Free Seller Academy with Bengali and English courses

4

Working capital loans up to ৳500,000 through partner institutions

5

1,200+ applications received in the first month

#SME#Sellers#Entrepreneurs#Community#E-Commerce
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Media Contact

For press inquiries, interview requests, and additional information, please contact our media relations team.

press@mirashop.com
+880 1XXX-XXXXXX
Gulshan, Dhaka 1212

This press release contains forward-looking statements. Actual results may differ materially from those described. MiraShop is developed and maintained by AppStarBD IT Solution. For more information, visit mirashop.com.