I’m
pretty sure that most of us have tried or even thought of doing online
shopping. However, we always reach a crossroads wherein we doubt online stores’
credibility and we realize we are limited in paying an online mall via online. Online
shopping is a great alternative for us in addresses our shopping needs. These
allow Filipinos to have more option and be in control of their time. They just
have a tough schedule and work lifestyle. These are the people who don’t have
time during daylight and are at work at night. They are usually not free when
malls are open, which is a pain for their situation. These are the people who
can't visit malls when they want. It's only during holidays or weekends when
they can visit these traditional malls. Since they don't work at a normal time
shift, it's obvious that it is harder for them. It's better now for them since
they have online shopping as an option. Most offline businesses are now being
made available to online as well. Actually, this only started last year in the Philippines.
When
Lazada Philippines showed up, other online malls showed up as well. This makes
them one of the first online malls to service the local online users. Some
South East Asia countries also have them on their country. The industry of
Ecommerce had a quick shift upwards after the Philippines’ Online Shopping Mall
arrived in the country. It's safe to say that they made a huge impact on the
local Ecommerce industry. It actually made sense for any online business to try
the local online market given that competition is very low. The real challenge
for them is how they will tell people to shop on their website. The local
online users did just not regard online payment dearly. This is why it was
harder for online malls to turn visitors to customers. It's just really hard to
trust online since credit card details might be compromised if used online.
Moreover,
credit cards are not widely used in the country since a only a fraction of the
population posses it. It slowed down the Ecommerce growth in the country. This
doesn't mean that we are not aware of online payment. It's quite hard for
customers to not focus on risk before looking on the reward that lies ahead.
It's just simple and easy; we don't want to give online malls a chance
especially if it’s still new to our ears. 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. They solved these issues in the local Ecommerce
market. They first introduced Cash on Delivery or C.O.D. in online to solve
these issues. It's actually not a requirement for them to pay them right away
as they are only required once their delivery arrives at their address. This
way, it is easier for current customers to shop online and entire prospect
customers for the future.
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