Linggo, Agosto 11, 2013

Thanks to Lazada’s very flexible online payment methods

It's actually overwhelming to see that online shopping is now starting to become popular in the Philippines. Most of us never thought the local online market would accept it if we go back two to three years ago. It's no secret that both online and offline frauds happen at high rate in the Philippines. This made online transactions unattractive for most local online users. Local online classified websites were the preferred websites by local online users when they want to shop they actually paved way for the arrival local online malls in the country. In the marketplace industry, a community was created because of these buy and sell websites.

It was difficult for online users to buy online when local online classified websites didn't exist yet. It was just used mainly for pricing comparison of items consumers want to buy. It allowed local online users to do more and stay longer connected to the Internet. A lot of people go to their websites to buy and sell on their own. Ecommerce was very far from this as third party resellers populate the local online ads. Offline transactions are done here most of the time. Group buying websites also had the same influence on the local online users. It helped the customers be prepared in online payment for the arrival of Ecommerce websites in the country. Upon the arrival of the Ecommerce websites, local online users were already prepared for online dealing. One of the factors why local online users considered this is that the reward over throws the risk. Great deals were mostly found on group by websites by local online users. Prices offered by them were at rock bottom that it is too hard to pass on. Just a year ago, Lazada Philippines was launched in the country. One of the online mall ventures that is launched in South East Asia. The Samwer brother owns this venture along with the other ventures under Rocket Internet as well.

The Philippines’ Online Shopping Mall made an impact in the local Ecommerce industry through its payment methods. These online payment methods help customers decide which is more suiting on their payment capabilities. Online stores usually only accept PayPal or credit card payment from their customers. This actually hurts the potential of customer pushing through with their orders since most of them can't pay thru these conventional online payments. They introduced to the local online users about their alternative payment method called Cash on Delivery or C.O.D.

It allowed them to tap the untapped market online in the Philippines. As a matter of fact, it is the majority of the local market in the Philippines. Now that the entire market is opening in online, it definitely helped Ecommerce thrive in the country. It’s say to say that after they arrived a lot of the local online users started to change its perception over online shopping. Thanks to their very flexible payment methods, this allowed various types of customers to try out online shopping for their very first time at Lazada.


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