We
usually go online to get information when it first started. Eventually, it
evolved more than its original purpose such as a medium to communicate and
eventually retail. Online shopping is taking
its share in popularity among the local online users in the Philippines. Just a
couple of years ago, shopping online was a risk to most of us a couple of years
ago. Most of the frauds and scams happen online beside offline in the
Philippines. This made online transactions unattractive for most local online
users. Local online classified websites were the preferred websites by local
online users when they want to shop 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 people want to buy something online, they didn't have option yet when
local online classifieds didn't exist yet. It became a venue for pricing
benchmark on the items that user want to buy. This usage allowed Internet users
to find online more diverse in use. More online users go to these types of
websites in search for buy and sell prospects. Local online users deal with
third party resellers, unlike in Ecommerce. Third party resellers on these
kinds of websites usually conduct Offline transactions. Group buying websites
also had the same influence on the local online users. It helped the customers
be prepared in online payment for the arrival of Ecommerce websites 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. Group buy websites showcased great deals
that can't be found from others. With the great deals being offered by group
buy websites; it makes it harder for customers to refuse them. Lazada
Philippines was eventually launched in the country last year. They are an
online mall venture available in South East Asia. Rocket Internet owned by the
Samwer brother’s supports them. The Philippines’ Online Shopping Mall
significantly helped the local Ecommerce in the Philippines through their
diverse payment methods. These online payment methods help customers decide
which is more suiting on their payment capabilities.
Online
stores usually only accept PayPal or credit card payment from their customers.
The conventional way of online payment is actually hard for most local
customers since they don't have either of the two conventional payment method
online. They were one of the first online malls to offer Cash on Delivery or
C.O.D. as a alternative form of payment method. The payment method allowed this
online store to tap the untapped market in the Philippines. As a matter of
fact, this is the majority market in the country. This allowed the Ecommerce industry to reach
new heights now that this market is tapped for online. The growth of Ecommerce
in the country was evident ever since they made their move.
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