People
have always wondered what it are the usual requirements in online shopping. A
lot of us are pretty aware that it is only common to do it via credit card,
which a lot of us in the country don’t have. A lot of us may have already
bought from internationally based online malls and hate the part were we wait a
week or two for the actual delivery. Not to mention the fact that we pay extra
for the delivery fee. Regardless, it's great that we now have online shopping
as an alternative way for shopping. People now can control their schedule and
time. They live in lifestyle where they prefer to live life at night. These are
the customers who don’t have free time in daytime and are at work at night.
Traditional malls are usually closed already by the time they are free. They
really have a hard time visiting traditional malls. These traditional malls are
only visited during the time when they don't have work.
People
who live this kind of lifestyle gets a hard time compared if they work on a
normal shift. It actually benefits them now that online shopping is an
available option. A lot of the offline business models are being translated to
online. It only started to rise last year in the Philippines. I strongly
believe it happened when Lazada arrived in the country. Their arrival makes
them one of the first online malls to arrive here. They can be availed also in
other South East Asia countries. The Ecommerce industry had a spike once Lazada
arrived in South East Asia compared to the previous years. The local online
market was influenced dearly by their arrival. Since the competition is lesser
compared to other country, it's only natural to have it launched in the
country. What makes it challenging for them is how they will lure local
Internet users to their online mall.
Local
online users were hard to convert to online customers since online payment is
no easy task for them. It's quite hard to shared confidential personal details
such as credit card details since it leave us prone from getting stolen by
hackers. Actually, only a small ration in the population has their own credit
cards in the Philippines. This is why Ecommerce never took off early since customers
have limited payment options. This doesn't mean that the local consumers are
unaware of local online payments. A customer in general judges an Ecommerce
website right before it is given a chance to introduce themselves to their
market. In essence, we just don't trust dealing with online malls especially
for our first time attempt. We judge them immediately as a scam websites. These
combinations can easily tell to investors that it will be hard to penetrate the
local market. This is an issue in the local Ecommerce market was fixed by them.
Their C.O.D. or Cash on Delivery alternative payment method as introduced to
the local online users. Customers can get to keep their money up until they
received their orders at their very homes.