Sunday, October 6, 2013

An Impressive 2013 for Lazada Philippines

Lazada Philippines is an online shopping mall that gives Filipinos a chance to go on with their daily lives without letting personal shopping errands get in the way. It is an online site that gives a whole new meaning to convenient shopping. With its over 20, 000 number of products varying from house furniture, kitchen appliances, movie soundtracks, cellular phones and many more, it seems like Lazada has it all for us and we don’t even have to get out of the house to do so.

An extremely good example of how Lazada has helped mold the new generation of consumers today is its popularity among Filipinos nationwide. Its popularity reached to an all-time high when it became the most talked about consumer brand on Facebook during its anniversary month of May. But that wasn’t the only proof of the online site’s impact because early this year, the very prestigious Golden Globe Annual Awards honored it as the Best Online Shopping Mall.

A very impressive list of investors also took notice on the website. This attracted a funding of over $100, 000, 000 from international companies J. P. Morgan Asset Management, Summit Partners, Kinnevik, and many more. But the popularity of Lazada was not limited in the Philippines alone. Some of the companies that invested also reached out to other branches in Southeast Asia like Indonesia, Vietnam, Thailand and Malaysia. A very evident proof of the success it has gained popularity not only to its millions of customers but to an extensive list of well-respected companies as well.

If you consider the short amount of time of one year that this online shopping website has had to prove itself, the amount of recognition and followers it gained isn’t ordinary. But a company under the management of Rocket Internet is bound to become a success because of the multiple numbers of ventures it has already launched in the past decade. Rocket Internet is a powerhouse comprising of three individuals that share the same blood by the last name of Samwer. This venture company is also the brain behind the success of Zalora, a shopping website also currently running in the Philippines.

It takes years of practice for an online site to be successful especially if the field of expertise is very common. But for Lazada, this was not a concern. Because very few websites have actually made its name known nationwide that at the same time covered a wide array of product selections made precisely to match the taste of Filipinos. Selling one type of product can already be very daunting. What more if it had to cover every known interest of a typical Filipino online consumer?

Satisfaction rate serves as a critical factor to the website’s success. Its number of services from payment methods to product returns is individually made to fit the lifestyle as well as the preferences of Filipinos. The methods used for paying are exceptionally very considerate of every type of online shopper there is. This makes Lazada a practical go-to online mall for anyone.

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