Online
shopping is now a thriving industry worldwide. With the arrival of various
International Ecommerce companies on various regions, it only paved way for
strengthening this online industry. However, investing business on the Ecommerce
industry in South East Asia was initially very challenging for most prospect
business investors in the past. It's actually not a surprise since the market
audience in South East Asia was still small at that time. Among the online
population, only a few of them possess their own credit card. Even if there are
some credit card owners within the population, only a few will consider
conducting online transactions. Anyone in the Internet is actually aware of the
existence of online frauds and scams.
Usually,
the credibility of traditional offline business has more weight than online
business. Given that we get to deal face to face in offline business, we feel
more secured than online business deals. However, we sometimes fail to realize
that we are missing out on legit online businesses, which offers better. Online
malls usually offer lower pricing compared to traditional offline malls. Online
malls regularly offer great discounts that give them edge to customers. This is
actually their only way to convince customers to try online shopping over
offline shopping.
A
perfect example is Lazada, which is also launched in key countries of South
East Asia. They are actually one of the few online stores in the country who
offered a wide array of selection that we only see in traditional malls. Their
introduction of Cash on Delivery as an alternative payment method was the first
time offered by an online store. By offering this option, it helped them reach
quicker and more effective success compared to previous online stores that
failed to thrive here in the country. They just turned one year last year, yet
they already achieved so much for just a short span. A lot of competitors came
out of nowhere since their arrival in the country last year. It's a proof that
it opened the eyes of local businessmen about the potential of Ecommerce in the
Philippines. It's unimaginable on how online shopping will further evolve in
the country. With their overall service experience to their customers, they won
the hearts of the local online audience.
With
C.O.D., cash can be used a way payment by customers who can't pay online the
conventional way. It dramatically increased the number of potential customers
since anyone can pay in cash. On top of their alternative payment method
breakthrough, they also offer free delivery as long as the transaction value
exceeds one thousand pesos. Shipment fee of the Philippines’ Online Shopping
Mall will be shouldered as long as the overall transaction value of their
customers is one thousand pesos and up. With Cash on Delivery with Free
delivery, it is a combination that will entice users to choose online malls
over traditional malls. Time will only tell how far can online shopping take
its service to local online consumers.
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