Internet
is rapidly becoming more in demand nowadays. With the penetration of Ecommerce
in the online space, it gives Internet more reasons on why it will still be in
demand for the coming years. It is true that the competition in online malls
started to show up and online shopping started to be noticed by local online
users ever since Lazada came into the picture in the Philippines. Looking a few
years back when they weren't around online, Ecommerce was a flat industry in
the Philippines. Shopping online was actually a disregarded option for most
local online users then. When local online users want to buy something, they
prefer cheaper second hand items on local classified websites. Brand new
seekers conventionally go to traditional offline malls when they want to buy
something. We were actually raised that way wherein we go to traditional
offline malls when we need to buy something.
Thinking
of online shopping, we can actually save more time and energy if we choose it
over traditional shopping. How do online shopping benefit us? Shopping online
is way easier as you can do it from wherever you are. They can actually save
more in gas expense since no longer will they need to visit the mall's
location. It was of the challenge that they try to solve when they arrived in
the country. It's actually hard for any online mall to tap the currently
untapped market in online of the Philippines.
A
lot of the reasons is because of majority of the population don't possess their
own credit card. It's also no secret that most of us finds online transactions
unreliable. Online frauds and scams are pretty widely known online crisis by
the local online users. The industry of Ecommerce in the country is now on the
verge of rising as an online industry. In fairness to the Philippines’ Online
Shopping Mall, it only took them over a year to establish them in the local
Ecommerce. Customers can even check their TVC on top local channels that was
aired during primetime to prove how legitimate they are. By showing up on
television only solidified their brand further to the local online customers.
So
how did they end up breaking the limitations that plagued the Ecommerce
industry before? They offered Cash on Delivery or C.O.D. to their customers as
an alternative payment method. This is very unconventional payment method that
is presented by any online mall. This payment method is risky for any online
business. This payment method doesn’t require customers to pay them upfront.
Their online customers can pay after they have received their orders in real
time. This allows customers to hold their money until they received their
actual orders in real time. This is to ensure that scams and frauds won't
happen if they want to deal with them. It shields them from risking their money
online and makes it easier for them to trust almost anyone that offers this
kind of setup.
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