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Increase In Sales And Profits At Ramadan Bazaars

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Bazaar Ramadan, Convenience sale
Image of a Bazaar Ramadan. Photo taken by Latest Malaysia.

The Ministry of Domestic Trade and Consumer Affairs (KPDN) conducted a survey on March 31, 2023, with 1,148 respondents, representing traders at Ramadan bazaars across the country. The purpose of the survey was to gather feedback from traders about consumer response to sales activities and to assess profits earned. 

Sales increase at Ramadan bazaars 

The survey found that 69% of traders reported an increase in customers/visitors, 63% reported an increase in sales, and all respondents reported earning a profit. The survey also found that the value of sales and profits is influenced by various factors such as food/drinks, reasonable prices, weather, location of the bazaar, parking facilities, and rental costs. 

Traders hope for more visitors and spending, lower costs, better promotion, reduced rental rates, and financial assistance. KPDN advises traders to comply with regulations and laws and label the prices of each item. Consumers are advised to be wise shoppers and avoid being manipulated, and to shop wisely to avoid wastefulness.

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Bazaar Ramadan, Convenience sale
Image of a Bazaar Ramadan. Photo taken by Latest Malaysia.

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