For each year that goes by, the
more technology gets sophisticated and powerful. It is the reason why our
Internet demands gets higher as well since these two are usually linked to one
another. It is more of a marriage relationship to be precise talking about
Internet and technology relation. The Ecommerce industry for instance took full
advantage of this relationship by using it to reach the market of the online
population. Shopping is something that people look for and they made it
available in online to make it easier for them and faster.
Online shopping phenomenon in the
country just keeps on growing every day. 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. This is
why online transactions are not highly trusted by the local online users in the
country. What was closest considered in Ecommerce was local online classified
websites. This helped the Ecommerce industry prepared the local online users
for online malls.
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. For users looking to buy an item, they turn to these websites
for pricing comparison. These expanded how online users can be fully maximized. It was a venue for buy and sell local online
audience. The difference between them and Ecommerce is that it is third party
resellers who gain from the traffic. Final deal still happen offline most of
the time.
It's the same concept with group
buying websites. They showed the way for the Ecommerce websites in the country.
The local online users were already prepared with online payment but the time
Ecommerce websites arrived in the Philippines. 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. Their
offer or deals are so enticing the any local online customer will have a
problem to avoid these group buy websites. It was a year ago when website like
Lazada arrived in the Philippines. It is an online store venture available in
South East Asia.
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