As an average Internet user, most
of us pretty much knows how online shopping works and how it can make our
shopping need addressed quickly and easily. A lot of online malls have started
to establish themselves in the country as early as a couple of years ago. Now,
there are a lot of online malls available for the local online users. There's
no doubting that online shopping is a rising industry in the Philippines. Two
years ago, online shopping was in a different place, a place where people don't
consider them at all. Most of us are aware that we have a high frauds and scams
in the country for both online and offline. It made online transaction unsafe
to many of the local online users.
In the local online space, local
online classified websites were the premiere local websites closest to
Ecommerce. They contributed in preparing the local online users for the arrival
of online malls in the Philippines. In the marketplace industry, a community
was created because of these buy and sell websites. When online classified
weren't available yet, local online users didn't have an option online. It was
just used mainly for pricing comparison of items consumers want to buy. It
changed how online users perceive Internet connection on a more diverse aspect.
These online ads website became an online place for local online users to buy
and sell. Local online users are usually dealing with third party resellers or
suppliers, which are exactly the opposite of Ecommerce. It's most likely that
transactions are being done offline by third party resellers.
Group buying websites helped
influence the thinking of local online users. They paved way for upcoming
Ecommerce websites in the country. When Ecommerce websites arrived in the
country, they were already prepared for online deals already. One of the
factors why local online users considered this is that the reward over throws
the risk. Through group buy websites, local online users had a taste of great
deals that is rarely found nowadays. Prices offered by them were at rock bottom
that it is too hard to pass on. Last year, Lazada Philippines arrived in the
country. It is an "Amazon" type of venture present across South East
Asia. It is under the German based company Rocket Internet, which is owned by
the Samwer brothers.
They made significant impact in
the local Ecommerce industry with their offering of unconventional offline
payment methods. These allow customers to be in control since they get to
choose from a lot of payment methods. It is usually credit card or PayPal that
is allowed to be used for paying online by online malls. These conventional
online payments are usually the reason customers don't push through with their
orders since they don't any of it. They introduced to the local online users
about their alternative payment method called Cash on Delivery or C.O.D. As a
result, this allowed them to tap the markets that are still wary of online
shopping. As a matter of fact, it is the majority of the local market in the
Philippines. Ecommerce is now rising with this recently tapped market included
in the customer mix.
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