Search results
Dec 21, 2023 · Leading payment method in the Philippines 2021. Overview. E-commerce share of total retail APAC 2022, by country or territory. E-commerce share of total retail in the Asia-Pacific region in...
As of Q1 2021, Kimstore ranks eighth in terms of monthly web visits to eCommerce players as reported by iPrice. 8 Shopee ranks first with 54,600,000 monthly visits followed by Lazada with 32,286,700 monthly visits back in Q1 2021.
5 days ago · Top 10 eCommerce Platforms in Southeast Asia. This article classifies the top ten popular e-commerce platforms in Southeast Asia according to the corresponding main markets and presents them based on traffic data. 1. Shopee. Active in: IN, VN, PH, TH, MY, SG. HQ: Singapore. Monthly visits (Aug): 470 mln. Website: shopee.com.
- Who Are The Philippines’ Online Shoppers?
- Ecommerce Consumers in The Philippines at A Glance
- Why Filipinos Shop Online
- What Are Filipino Online Shoppers Buying?
- What Influences Filipino Shoppers?
- Where Filipinos Shop Online in The Philippines
- Tap Into The Motivations and Needs of Filipino Online Shoppers
The Philippine retail industry continues to expand with each passing year, growing by 5.9 per cent in 2018, buoyed by rising spending power. Unsurprisingly, increasing consumer spending has also impacted the world of online retail. The Philippine Internet economy is expected to quadruple from US$5 billion in 2018 to US$21 billion by 2025. A few fac...
Research by We Are Social and Hootsuitereveals that 71 per cent (76 million) of the country’s total population of 107.3 million people are active Internet users. Of that number, 70 per cent have purchased a product or service online in the past month. Some key factors include: 1. The majority of Filipinos who shop online are between the ages of 18 ...
In 2015, an eCommerce study by Visafound that Filipino consumers shopped online for the following reasons: 1. Convenience of not having to go to and line up at brick-and-mortar stores (58 per cent) 2. Better prices compared to brick-and-mortar shops (47 per cent) 3. Exclusive/better deals (46 per cent) This focus on pricing might make it difficult ...
Nielsen’s Bricks to Clicks report shows that online shoppers in the Philippines tend to gravitate towards consumer electronics and gadgets, clothing and footwear, as well as beauty and personal care products. If you’d like to get more insights on this, check out our article on Philippines’ popular eCommerce product categories. This is consistent wi...
As mentioned earlier, young Filipinos make up the majority of online shoppers in the Philippines. Research by DAN Philippines and eConsultancy, cited by the Philippine Star newspaper, shows that these consumers demand value for money and great shopping experiences. But while Filipinos are price conscious, this doesn’t mean they’re conservative spen...
iPrice’s Map of eCommerceshows that the top online shopping sites in the country are dominated by foreign online marketplaces that are open to cross-border sellers. As of Q1 2019, these are Lazada, Shopee, Zalora, Argomall, and eBay, all of which manage transactions between shoppers and third-party sellers. We Are Social and Hootsuite found that “L...
The pattern of price, convenience, and bargains is something that comes up in report after report on the habits and motivations of online shoppers in the Philippines. If you’re looking to capture a slice of the Philippine eCommerce market, consider the following strategies. 1. Explore your options for suppliers to reduce your prices without hurting...
Dec 9, 2021 · According to GlobalData’s 2021 Financial Services Consumer Survey* for online purchases, alternative payment solutions such as Gcash, PayMaya, and PayPal are the most preferred payment method in Philippines, collectively accounting for 30.6% of total e-commerce payments in 2021.
Aug 29, 2023 · Key backers: Alpha JWC Ventures, Foxmont Capital Partners, Gentree Fund, InnoVen Capital, Kickstart Ventures, Robinsons Retail Holdings Targeting parents in the Philippines, Edamama’s e-commerce platform offers baby gear, home goods, and other lifestyle products.
People also ask
Will e-commerce value grow in the Philippines in 2021?
Which e-commerce sites are most popular in the Philippines?
What are the top product categories for Filipino online shoppers?
How many online shoppers are there in the Philippines?
Dec 7, 2023 · The B2C e-commerce market in the Philippines is expected to increase by 15.44% on an annual basis. In 2023, the market is expected to reach $14.2 billion. In 2022, the e-commerce market reached $9.8 billion. According to Ninja Van, clothing and fashion are the top products in the Philippines.
