Wednesday, July 31, 2013

Lazada: A helpful influence in the local Ecommerce industry


Online shopping started to spread and competitors came out from nowhere after Lazada Online Mall was launched in the country. Surprisingly, the local industry of Ecommerce in country was really struggling prior to their arrival. The local online community never considered online shopping as their option in the past. When local online users want to buy something, they prefer cheaper second hand items on local classified websites. Traditional mall are usually the go-to source of customers who wants to buy brand new items. It's actually inevitable for us to visit traditional offline malls when we want to buy something since we grew up that way.

Choosing online shopping can save the local online customers some time and money. What are the benefits we can get if we avail online shopping? With online shopping, local online customers can shop wherever they may be. Usual extra-spent cash on visiting traditional malls will now be saved with online shopping. The Philippines’ Online Shopping Mall actually wanted to solve this issue for local online consumers in the Philippines.

The goal for them is to actually tap the untapped market online in the country. A lot of the reasons is because of majority of the population don't possess their own credit card. It can't be helped that most of us questions the reliability of online transactions/ It's no secret that we know the existence of online scams and frauds. The local Ecommerce in the Philippines is now starting to grow. It's quite a amazing feat for this online store to achieve what they achieved on Ecommerce in less than a year. To showcase that they are legitimate as they can be, they had some TVC slots during primetime on top local channels.

What solution did they come up with in the usual Ecommerce woes in the country? Cash on Delivery or C.O.D. payment method as offered by them as an alternative payment. It's very rare for an online store to actually offer this kind of alternative payment method. Any online business finds this payment method very risky from their end. This payment method doesn’t require customers to pay them upfront. Customers will only need to pay in cash once their orders arrive at their doorstep. Customers can hold unto their money up until their orders arrived at their address.

This is more of insurance for customers that they are not a scam online store. It just shows that they are willing to give all the advantage to their customers just to make a mark that they are a legit business. This also the only way for them to penetrate the Ecommerce market in the country. It also allows them to tap the untapped online market, which is a non-credit cardholder. Actually, majority of the populations are non-credit cardholders. Therefore, conventional online payment method such as credit card payment won’t be enough if an online business wants thrive in the local online market. The good thing about them is that they continue to look for way on how they can further improve in the best online shopping experience to the local online community.


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