E-Commerce Flashcards
The Philippines eCommerce market sales reached ____ , largely contributed by 73 million online active users.
$17 billion
This is estimated to reach $24 billion, with ____ growth through 2025.
17%
The top Philippine eCommerce platforms are ____, ____, ____ and _____
- Shopee
- Lazada
- Zalora
- BeautyMNL.
The Philippines Central Bank reported that ___ of Filipinos are unbanked and only ___ use credit cards.
51%, 8%
Roadmap to support E-commerce growth
E-commerce Philipine Roadmap
Filipinos are prolific social media users and actively use platforms for a whopping ___ hours per day, ___ days a week.
10 hours, 7 days a week
The best platforms to reach Filipino consumers are ___, ___, ___, ___ and ___
- Youtube
2 Industry Associations
- Digital Commerce Association in the Philippines
- Philippine Retailers Association
the trading of goods and services on the internet
E-commerce
Digital storefront on the internet and facilitates the transaction between a buyer and seller
E-Commerce website
8 Types of e-commerce
- B2C [(businesses sell to individual consumers (end-users)]
- B2B ( Businesses sell to other businesses)
- C2B (Consumers sell to businesses)
- C2C (Consumers sell to other consumers)
- B2G (Businesses sell to governments or government agencies)
- C2G (Consumers sell to governments or government agencies)
- G2B (Governments or government agencies sell to businesses)
- G2C (Governments or government agencies sell to consumers)
Often the buyer resells products to the consumer.
B2B ( Businesses sell to other businesses)
most common model or type of e-commerce with many variations
B2C [(businesses sell to individual consumers (end-users)]
Three Distinct Methods of Conducting E-Commerce Today
- M-commerce
- Enterprise e-commerce
- Social media e-commerce
Online transactions that take place on mobile devices
M-commerce
