The advent of technology paved the way for newer avenues in business.
The term “businessman” or “businesswoman” can now be attributed to people even without a sight of a physical shop, because channels like websites are now being used to generate income.
Website e-commerce-land.com marked the start of e-commerce in the buying and selling industry, which eventually boomed with the invention of the Internet in 1991.
Two of the pioneers in the e-commerce industry are Amazon and eBay. Millions of users from all over the world can access their products and get it for themselves. However, Asia-based e-commerce websites have been popping up since the start of the second decade of the century to make it easier for their market.
Carousell, Lazada, and Shopee, all based in Singapore, have extended their services to the Philippine market in the hopes of retaliating the convenience of online shopping and buying and selling in our midst.
So, what are the differences of each website and which one would be the best for you?
One trusty tip is to compare and carefully look what each option can do for you and your business. Are the features suitable for what you’re planning to sell? Is the payment system efficient?
Weigh the pros and cons, and ask yourself such questions as you browse through the wonders of these popular ecommerce websites.
History: Founded on May 14, 2012 in Singapore by Quek Siu Rui, Lucas Ngoo, Marcus Tan. Currently has over 9,000 employees all over Singapore, Malaysia, Indonesia, Taiwan, Hong Kong and the United States. It was introduced in the Philippines October of 2016.
Buying: Works like most e-commerce sites with a chance to message the seller and negotiate the price. Click here for more.
Selling: A user isn’t required to have an established business to be able to sell. Products can be sold as they are from your closet or room by either taking a picture on-the-spot or choosing from your phone gallery.
Payment: Bank transfer or mailing, cash on delivery, meetups, and PayPal
Other features: Buying and selling can be customized to groups with similar interests e.g. books, fashion, gadgets. Job listings have also been introduced in other countries.
History: Lazada is one of the most popular online shopping websites founded in 2011 by German e-commerce company, Rocket Internet, but is currently based in Singapore. As of 2017, the website operates in Southeast Asia specifically Indonesia, Malaysia, Philippines, Singapore, Thailand, and Vietnam.
Buying: Features product overview, description, similar items, and reviews before buying. Click here for more.
Selling: Selling of products caters to small-time but established businesses only. Perfect for those who want to start in the e-commerce industry.
Payment: Varies per seller. Cash on delivery, credit/debit card (Mastercard, Visa, AMEX and JCB), BDO Installment, Philippine-Paypal accounts, Alipay
Other features: Popular brand reseller among online shoppers
History: Officially launched in 2015 in Singapore with international operations in Indonesia, Malaysia, Philippines, Shenzhen, Thailand, Vietnam and Taiwan. Shopee’s team currently has more than 2,000 employees.
Buying: Like Carousell, prices can be negotiated with the seller. Click here for more.
Selling: A user isn’t required to have an established business to be able to sell. Products can be sold after registering it under Shopee’s guidelines.
Payment: Varies per seller. Shopee wallet (Beta), cash on delivery remittance, payment centers, over-the-counter, bank transfer. Click here for more.
Other features: Shopee also features popular brands.
Regardless of the differences, all of these websites have made it easier for shoppers in buying their wants and needs within reach while making their own money as well. These companies, who share the same goal of making money a two-way street, have helped in improving the industry for all of us to experience and see.