The
Ecommerce industry is quite challenging South East Asia for any investors or
business owners in the early 2000. It's actually not a surprise since the
market audience in South East Asia was still small at that time. Only a few of
the population own their credit card. The minority of the population who has
credit cards, only a few of them will try online payment. Their reaction is
expected since it's no secret that frauds and scams happen online throughout
the Internet. It's actually more credible to deal with offline businesses
rather than online businesses it actually feels safer for us when we deal with
offline business since we deal directly face to face. However, we are
overlooking the legit online businesses that offer better prices compared to
offline. Traditional offline malls usually offer higher price since they have
rental fee on their stores unlike online malls who can offer way lower pricing
on their items.
Moreover,
discounts and promos are easily offered by online malls to make them more
enticing. This is actually their only way to convince customers to try online
shopping over offline shopping. Ventures like Lazada are a
good example that is also available across South East Asia. Their venture here
in the Philippines is one of the first to offer various selections that we only
see on traditional local malls. This online mall first introduced Cash on
Delivery or C.O.D. to the local online customers. This paved way for them to
become one of the key players in the online shopping industry. Just last April,
they celebrated their first anniversary and celebrated their already great
achievements for short time of existence. Since last year, most of their
competitors showed up from nowhere. This just proves that they opened the eyes
of businessmen about the potential of Ecommerce in the country. What we can
only do is just watch online shopping goes to the next level. With their
overall service experience to their customers, they won the hearts of the local
online audience.
With
Cash on Delivery, anyone can become customers since they can pay in cash. This
allowed everyone to become their potential customers since they can pay in
cash. They even offer free delivery availability as long as the transaction
value exceeds one thousand pesos. They are willing to waive any shipment fee
that have a value more than one thousand pesos. Now that they can offer Cash on
Delivery and Free Delivery, it can easily convince any customer to try online
shopping over offline shopping. This led everyone to realize that more saving
can be actually done when you think of expense we usually do when in malls.
Unconsciously, we tend to spend more than what we spend on our actual shopping
in travel expense and even our unnecessary dining on fancy restaurants inside
the mall. That’s a low of money combined. As compared to online, you can still
cooked food by your mom or wife while still get the same. We even get to save
right then there after shopping online.
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