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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