VMart by Vendvision Partners with E3Capital to Empower Entrepreneurs through Unmanned Retail Channels

Through their strategic partnership, E3Hub, an entrepreneur networking and ecosystem platform operated by E3Capital is now offering its consumer goods' entrepreneurs, product and brand owners, access to offline sales opportunities by listing their products in Vmart's Smart IoT Vending Machines located in offices, residences, sales galleries, and service centres.

This collaboration aims to enhance visibility, foster networking, and democratise product accessibility, enabling aspiring businesses to reach a wide but targeted audience while exploring domestic and international expansion opportunities through the showcase of these products in the machines situated in strategic locations.

The announcement was made in E3Capital's recent Business Networking event held on 21st July 2023, marking a significant milestone in the entrepreneurial ecosystem's growth that will now see more brands and products having more extensive channels offline to reach their target customers and audience, besides the usual digital advertising channels and online marketplaces.

E3Capital is an entrepreneurial powerhouse, uniting passionate entrepreneurs through Industry PowerTeams, under the guidance of the National PowerTeam Director, alongside E3Hubs Malaysia Leadership Team and Core Management Team (CMT). This entrepreneur-focused community has been instrumental in the development and upscaling of over 7000+ startups and SMEs across Asia.

With over 50 years of collective entrepreneurship experience, E3 Entrepreneurs Hubs seeks to establish a network of Entrepreneurs Hubs throughout the region, empowering countless entrepreneurs along their journey.

The Strategic Partnership

Vendvision's collaboration with E3Capital marks an exciting chapter in addressing the challenges faced by many entrepreneurs within the consumer goods vertical. The difficulty of go-to-market strategy offline has always resorted to entrepreneurs spending much efforts on digital space while consumers are getting used to pre-pandemic buying behaviour that is primarily based on offline event and physical promotion strategies

The VMart Merchant Program offered by Vendvision aims to solve that by offering access to place products in locations that appeal directly to the merchant's target market at a much afforable rate, savings much money from just advertising on typical online channels such as Meta and Tiktok.

By joining forces, Vmart and E3Hubs create an unparalleled opportunity for E3's entrepreneurs to take advantage of the Merchant Program to place their products via Vmart's smart vending machines at special rates. This innovative approach provides offline access to a wider audience and unlocks the potential for domestic and international expansion.

Quote from Melvin Chan, Founder of Vendvision: "We are thrilled to embark on this transformative journey with E3Capital. Through their program E3Hub, we extend VMart Merchant Program's access to their members at a much more affordable rate. This strategic partnership will empower aspiring entrepreneurs to transcend traditional sales channels and embrace the power of unmanned solutions.

By featuring their products in our Smart IoT Vending Machines, we aim to democratise product accessibility and give deserving businesses the visibility they deserve among their target audience. Together with E3Capital, we are taking a bold step towards revolutionising retail and fostering a community-driven entrepreneurial ecosystem."

VMart is now operating vending machines in 4 locations in the Klang Valley, covering locations in sales galleries, commercial buildings, and scheduled to launch their first unmanned store and cafe in the heart of Kuala Lumpur in August next month.