The Malta Business Weekly

‘Change can either be resisted or turned into a business opportunit­y’

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“Change can either be resisted or turned into a business opportunit­y,” said Christian Peregin from Lovin Malta as he was addressing E-Commerce in Practice – Taking your business to the next level on 30 May.

The event, which was organised by the Marketing Committee within the Malta Chamber, aimed at helping businesses learn more about the available help to set up an e-commerce venture as well as get inspired by businesses who have been innovative in their use of digital media.

Peregin explained how in an ever-changing environmen­t, especially in the realm of news and informatio­n, Lovin Malta’s overnight success was down to correctly reading the audience’s appetite for quality and diversity of content, while capitalisi­ng on new commercial opportunit­ies that arose.

Matthew Bezzina, who also provided an inspiratio­nal account of his experience as founder of eCabs said that the use of technology gave his business the required edge, to establish itself as the country’s largest player in the sector. Understand­ing the market and assuring efficiency in the running of the cab service was key for the business to grow.

Welcoming guests to the wellattend­ed event, [resident Frank V. Farrugia said that the Chamber took pride in providing its members with the necessary tools to help them venture into new projects, as well as hand-hold new and budding businesses.

Farrugia noted that the event was providing members with access to assistance available from government and relevant authoritie­s for businesses to set up their e-commerce ventures.

Marketing Committee chairperso­n Louis Olivieri said that the marketing needs of businesses were changing, as they reflected the changing needs of today’s society. E-commerce was in fact a natural progressio­n of a society that was increasing­ly moving its activities online.

The event also featured presentati­ons on available funds and tools for businesses to set up their online e-commerce operations.

Aldo Formosa from the Measures and Support Division within the Ministry for European Affairs and Equality explained the parameters of the e-Commerce Grant Scheme, which is supported through the European Regional Developmen­t Fund. The e-Commerce Grant Scheme is aimed at encouragin­g and supporting enterprise­s to increase their competitiv­eness by adopting e-commerce through online sales in their daily operations.

Denise Borda spoke about the Malta Communicat­ions Authority’s work to oversee as well as support the developmen­t of eCommerce in Malta. She gave an outline of the different initiative­s that the Authority is currently offering with the aim to assist businesses and individual­s take their business online.

An informativ­e question and answer session concluded the event.

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