With
the ever-increasing demand in new technology of the consumers, it made Internet
even stronger than they were. Thanks to their integration with our latest
technology such as tablet and smartphones. Most of the people are now online
wherever they may and whatever time. It is true that the online shopping
phenomenon in the country just keeps on growing everyday. Two years ago, online
shopping was in a different place, places were people don't consider them at
all. One of the reason is that we have a high fraud rate for both offline and
online in the Philippines. This is why online transactions are not highly
trusted by the local online users in the country. Local online classified
websites were the preferred websites by local online users when they want to
shop this helped the Ecommerce industry prepared the local online users for
online malls. Buy and sell websites eventually help build a marketplace
community.
When
online classified weren't available yet, local online users didn't have an
option online. It has become a venue for online users to check the price of the
item they want before visiting malls. These allowed online users to stay longer
have other purpose in Internet usage. It turned to be a buy and sell platform
for most local online users. Unlike Ecommerce, these are third party resellers
who deal with the website visitors. Customers usually prefer and go with
offline transaction. It's the same concept with group buying websites. It
helped the customers be prepared in online payment for the arrival of Ecommerce
websites in the country. The local online users were already prepared with
online payment but the time Ecommerce websites arrived in the Philippines.
People
consider online shopping probably due to the fact that the reward is higher
than risk. Through group buy websites, local online users had a taste of great
deals that is rarely found nowadays. The offered deals of group buy websites
were so great that it will be hard for customers to not try them out. A year
ago, Lazada Online Store arrived in the country. The Philippines’ Online
Shopping Mall is actually an online mall that is part of a venture in South
East Asia. It is powered by Rocket Internet, which is owned by the Samwer
brothers.
With
Lazada's payment methods, it helped them impact the local Ecommerce in the
Philippines. Their payment methods featured different payments that allow
online customers, which suit them, best. Online stores usually only accept
PayPal or credit card payment from their customers. Conventional online
payments like these, only limits the customers in availing what they want.
Their Cash on Delivery, more known as C.O.D. was offered to local online users.
As a result, this allowed them to tap the market that is still wary of online
shopping. Actually, the majority of the local market is this one in the
Philippines. This finally helped the Ecommerce grow by tapping into these
markets as well for online.
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