The Internet
competition in the country is becoming harder each day. More and more online
stores are being put up for business. This is a good sign that Ecommerce is a
force to be reckoned with for business investors. It is actually a surprise for
many that Ecommerce would go this far comparing it to the days were it was
usually a red flag for many business opportunist in the country. What makes it
amazing is that it was only a couple of years ago when Ecommerce was a
struggling industry in the Philippines.
A lot of the
local online competitors slowly showed up after Lazada Philippines
came into the picture while the online shopping trend begun in the Philippines.
The growth of Ecommerce in the past was very slow a few years before they
arrived in the country. The local online community never considered online
shopping as their option in the past. They usually buy second hand items at
local online classified ads by most local online users. A customer would typically
go to traditional offline malls when they want to buy something that is new.
It's actually
inevitable for us to visit traditional offline malls when we want to buy
something since we grew up that way. Time and money can actually be saved if
only local consumers choosing online shopping over traditional offline
shopping. How can online shopping actually give us more benefits? With online
shopping, local online customers can shop wherever they may be. Money spent on
travel expense will now be deducted since customers won't need to travel to the
location of traditional malls.
This is the
issue that they wanted to address when they were launched in the Philippines.
The goal for them is to actually tap on the untapped market online in the
country. The online market in the country was hard to penetrate since majority
of the population can't pay online due to most of them not have their own
credit card. We are just used to not trusting online transactions immediately.
It's no secret that we know the existence of online scams and frauds.
Good thing that
Ecommerce now is starting to grow in the Philippines. To see the progress of
Lazada online mall making an impact on the local Ecommerce is quite amazing.
Customers can even check their TVC on top local channels that was aired during
primetime to prove how legitimate they are. Given the limitations in Ecommerce,
how did they solve it? Cash on Delivery or C.O.D. payment method as offered by
them as an alternative payment.
Online malls
usually don't offer this kind of alternative payment method to online
customers. This payment method is risky for any online business. This payment
method doesn’t require customers to pay them upfront. Customers can pay cash
right after their orders are handed over to them during delivery. No need for
customers to worry since they get to keep their money up until they receive
their orders. This is more of insurance for customers that they are not a scam
online store.
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