The Unstable Economic Condition os Pakistan is Drowning Deep due to the Outbreak of the CoronaVirus Pandemic. People are in Lost Everywhere, Businesses are going down. So, there needs to be something to reduce the financial pressure on Small and Medium Enterprises during this Lockdown Situation. Daraz Launches Humqadam Program to Facilitate Businesses to go Online in Pakistan.
Daraz is the leading online marketplace in South Asia connecting thousands of sellers with millions of customers in Pakistan, Bangladesh, Sri Lanka, Nepal and other Asian Countries.
Due to the outbreak of COVID-19, the total Economic Impact is yet to be Gauged. So, it has become evident that the Small and Medium Enterprises (SME) Sector, which Contribute 40% to the Country’s GDP and 80% of total Non-Agricultural Employment bear the Mega Burden in this Crisis. So, In order to revive the economy and further mitigate the impact of the pandemic, it is critical to reinvigorate the SME Sector.
Daraz Launches Humqadam Program to Facilitate Businesses to go Online in Pakistan
During this Crisis of Epidemic, Daraz, the leading online Marketplace in the Country, has launched one heck of a Project that goes with the name of HUMQADAM. The main objective of the program is to invite Businesses across the country to set up their Digital Ventures on Daraz.
How Does it Work? Well, under this Program, The online Company is offering a Subsidy of 4.5 Crore to Small and Medium Businesses and Invite them to Establish their Online Ventures with the promise to Charge 0% Commission to SMEs on the sales made from the Platform for the Months of May and June.
Due to the Lockdown in the Country, people are Small Industries are unable to open and do Business. However, they are allowed to operate online to obey Social Distancing. Daraz Humqadam is ready for E-Commerce but do not have access to Logistics or Technological Expertise.
Daraz is also offering an expedited sign-up process so that businesses can start retailing within 2 days and they will receive dedicated one-on-one support while they set up their Daraz shops.
Other support initiatives within the program
- Free marketing promotions so that entrepreneurs’ Daraz shops receive more visitors.
- Discounted packaging material
- Dedicated one-on-one support to every new seller to help them set up their online shops
Daraz is confident that the Humqadam program will help thousands of SMEs get back on their feet by leveraging the increased e-commerce activity. So, they are encouraging all businesses that wish to transition online to reach out to the company in the following format: “Daraz” space “Name” to 7575.