Now more people are getting used
to doing their shopping online. What made it great for them is that they no
longer need to go traditional malls to buy what they want. They can easily do
it by just connecting online with an Internet connection to do it. What’s best
is that they can do it whenever and wherever they feel like doing it, which is
rare to do nowadays. Shopping nowadays is much easier since we can go for
either offline or online shopping. Shopping is no longer a time issue for most
of us. They have a lifestyle that is usually only active at night. These are
the people who don't have time during day light and is at work at night.
Traditional malls are usually closed already by the time they are free. This
makes it hard for them to visit traditional offline malls. These traditional
malls are only visited by them when they have no work. Since they don't work at
a normal time shift, it's obvious that it is harder for them. It makes it
easier for them nowadays since they now have online shopping. A lot of the
offline business models are being translated to online.
It only started in the country
last year in the Philippines. After they arrived in the country, others
followed on their footsteps. Actually, they are one of the first online malls
to arrive in the country. You can also check them on other South East Asia
countries. The Ecommerce industry had a spike once Lazad arrived in South East
Asia compared to the previous years. Their impact on local online market is
undeniable. Competition in the local Ecommerce industry was really low that it
made sense for their arrival in the country. Actually the initial problem they
had lies with how they will allow customers to visit their website. Paying
online is a very difficult for most online users that's why it hard for Lazada
to lure them on their website. It's quite hard to shared confidential personal
details such as credit card details since it leave us prone from getting stolen
by hackers.
Moreover, credit cards are not
widely used in the country since a only a fraction of the population possess
it. This is the reason why Ecommerce struggled early on to thrive in the
country. It doesn't reflect that they have no idea about online transactions.
We usually think of risk first and disregard the reward that we may get if we
push through with dealing on online malls. In essence, we just don't trust
dealing with online malls especially for our first time attempt. We initially
treat it as a scam in online. This makes online shopping very hard to penetrate
just basing on these two issues. Upon Lazada's arrival, they created a solution
for these Ecommerce woes. The Philippines' Online Shopping Mall finally
introduced Cash on Delivery or C.O.D. in online. Customers can get to keep
their money up until they received their orders at their very homes.
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