There's no
doubting that online shopping is a rising industry in the Philippines. Online
users actually didn't find online shopping reliable a couple of years ago. One
of the reasons is that we have a high fraud rate for both offline and online in
the Philippines. It made online transaction unsafe to many of the local online
users. Top websites in the country were local online classified ads in the buy
and sell industry. The arrival of local online malls in the country was
actually prepared by these local online classifieds. An online marketplace was
eventually created because of their online presence. When online classified
weren't available yet, local online users didn't have an option online. Users
go to these websites mainly to get an idea about market price of what they want
to buy. It changed how online users perceive Internet connection on a more
diverse aspect. Various visitors on these kinds of websites go there to buy and
sell. This was very different from Ecommerce since it is being populated of
sellable items care of third party resellers or suppliers.
Customers
usually prefer and would highly likely go with offline transactions. This is
the best way they can secure themselves on getting scammed as they deal in real
time and face to face. Group buying websites helped influence the thinking of
local online users. It paved way for the Ecommerce industry in the country. By
the time of Ecommerce website launching, local online users were already
prepared. One reason why online shopping was ever considered is because they
can gain more than what they are risk. Through group buy websites, local online
users had a taste of great deals that is rarely found nowadays. Their deals
were outstanding lower prices that any local online user would have a hard time
refusing. Last year, Lazada
Philippines arrived in the country. It is actually an online mall venture
launched across South East Asia. The Samwer brothers own this venture under
there German based company Rocket Internet. They are known for aggressively
starting online business on rising economies all over the globe and provide
them better service online.
With the
Philippines’ Online Shopping Mall's payment methods, it helped them impact the
local Ecommerce in the Philippines in a positive way. These allow customers to
be in control since they get to choose from a lot of payment methods that was
once unavailable to them. Conventionally, only via credit card or Paypal
payment is allowed by conventional online malls. The conventional way of online
payment is actually hard for most local customers since they don't have either
of the two conventional payment methods online. They were one of the first
online malls to offer Cash on Delivery or C.O.D. as an alternative form of
payment method. As a result, this allowed them to tap the market that is still
wary of online shopping. It is actually the majority of the population in the
country. Ecommerce is now rising with this recently tapped market included in
the customer mix.
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