Thursday, August 1, 2013

Lazada Philippines: An arrival in online that changed the online landscape

Local consumers are now seeing and realizing the potential of the online shopping trend that is continuously on the rise in the Philippines.  Believe it or not, this wasn't the case a few years ago; people were hesitant in online shopping. Frauds and scams happen most of the time both in online and offline in the Philippines. Moreover, this is the reason why many do not consider online transaction.  Local online classified websites were the premiere local website for mostly local online users in the buy and sell industry. Local classified websites helped prepare the arrival of local online malls. In the marketplace industry, a community was created because of these buy and sell websites. It was actually tough to seek items you want online when these local online classified websites were not yet available. They usually do it offline, which is more tedious and very tiring.

Users go to these websites mainly to get an idea about market price of what they want to buy. These allowed online users to stay longer have other purpose in Internet usage. It was being used as a medium for local online users to buy and sell. The difference between them and Ecommerce is that it is third party resellers who gain from the traffic. Customers usually pay offline when dealing with third party resellers. Customers also encounter this same kind of setup with group buying websites. They guided the people for the arrival of Ecommerce in the country. In the Philippines, local online users were already familiar by the local Ecommerce websites were launched. One of the factors why local online users considered this is that the reward over throws the risk. It was harder for local online users to get greater deals being offered by group buy websites. Their deals were outstanding lower prices that any local online user would have a hard time refusing.

A year ago, Lazada Online Store arrived in the country. It is an online mall available in other countries of South East Asia. The Samwer brothers who own Rocket Internet back it. The Philippines’ Online Shopping Mall has very friendly payment methods that helped the Ecommerce industry to online prominence. The payment methods being offered by them allow their customers to select whom they prefer the best for them. In online, online stores allow its usually only credit card or PayPal payment. This hampers the customers in availing the items they want since they are limited in paying online the conventional way. They introduced to the local online users about their alternative payment method called Cash on Delivery or C.O.D. The untapped market in the past can now be tapped with their offering of this payment method. It is actually the majority of the population in the country. This finally helped the Ecommerce grow by tapping into this market as well for online. With the rise of smartphone users in the country, it gives the Philippines’ Online Shopping Mall more audiences.


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