JaQt: eCosway

Plans to invest RM10mil to introduce 3-in-1 concept at Cosway shops in M'sia

This is a re-share news article from TheStar. Click the above link to read it or you can just read below :

TOKYO: Cosway Corporation Ltd plans to introduce a 3-in-1 concept at Cosway shops throughout Malaysia beginning next month with an investment of RM10 million.

Chairman and chief executive officer Al Chuah said the 3-in-1 (organic, pharmacy and Cosway products) concept would boost next year's revenue to RM2 billion compared with RM1.7 billion expected this year.

"The 3-in-1 concept is the first in the world and it is not entirely a multi-level-marketing system but will offer a retail shop concept.

"We will introduce the concept not only in Malaysia but in other countries where we operate currently.

"We decided to introduce the pharmacy-concept as it will attract a lot of customers to our shops compared with those who only walk into our shops because they know the brand," he told reporters after the launch of the 3-in-1 Cosway shop here by Domestic Trade, Cooperative and Consumerism Minister Datuk Seri Ismail Sabri.

The minister said the first concept store would not only sell pharmaceutical and organic products but also other Cosway products. Of the 2,000 products sold in the shop, more than 400 products, are made in Malaysia.

"This is one way to export our products to Japan. With Cosway, owned by Malaysians, we can actually bring in more Malaysian products into Japan," said Ismail Sabri. Meanwhile, Al Chuah said Cosway planned to expand their network in Japan to about 100 outlets next year with an investment of between RM30 million and RM50 million.

"We also plan to penetrate Mexico, Columbia, Russia, China and Turkey next year and would invest RM20 million in each of these markets.

Berjaya Corp Bhd (BCorp) chairman Tan Sri Vincent Tan said he was confident the concept would be a success and compete internationally.

He said Cosway planned to export more Malaysian-made quality products which met the criteria of Japanese - Bernama

So is this another good news for the coming new year? What say you? I think this is a big opportunity for those interested with Cosway products. Thumbs up!

I just joined eCosway after introduced by my sis. Cosway is not a new thing. I think everyone know Cosway since they existed. I knew bout it because my mum used to buy their products. I still remember NutriJuice, PowerMax (i think) detergent, cookies, and many more. I'll be the small kiddo following my mum and wait in the shop while she and the shop owner calculating total and points and chitchat. Now, (tidak sangka) I'm the one who shop in Cosway. Hehe..

A quickie info about Cosway and eCosway :

COSWAY began operations in December 1979, with a simple concept of distributing quality products at highly competitive prices through a unique Network Marketing system. Today, it has grown to become one of Asia's largest Network Marketing companies. The COSWAY formula has helped thousands of members to achieve tremendous financial success. Here are some facts about COSWAY:

COSWAY's 5Ps of Marketing - A powerful combination of effective business and marketing strategies.
Authorised Capital of RM500 million and a Paid-up Capital of RM155 million.
A subsidiary of Berjaya Group, a multinational conglomerate known for its diversified interests.
Headquartered in Wisma COSWAY with majority ownership of the office space. This 26-storey building is located in the middle of Kuala Lumpur's premier Golden Triangle.

source : cosway.com.my

eCosway to me, it's just the same with cosway. Just that, it's bringing a new concept of marketing on par with the growth and development of information technology and e-commerce. It is launched in 2002 and rapidly growing till now. Its unique Mutual Marketing business model provides lucrative opportunity for Business Owners and high quality, competitively priced products for consumers. If I'm not mistaken, eCosway provide everything to those who are interested to become business owner. Open a shop and they will pay everything. err, I'm not sure about the details. But if anyone interested, I can dig out the information and we can duduk and cerita-cerita...Hehe...

With the power of Mutual Marketing™, eCosway gives three groups of people mutual advantage.

Shoppers win with great products, great rewards
Suppliers win with exposure to loyal and committed customers from all over the world at no extra cost.
Business Owners win with the opportunity to earn long-term income with a unique turn-key, risk-free Business Ownership Support System (B.O.S.S.).

source : ecosway.com

You can find ecosway anywhere wolrdwide; Australia, USA, China, Indonesia etc. Okay, that's all la. I'll brag more about the products later on.