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E-Commerce, the great equalizer among enterprises.


In the Digital Economy, e-commerce brings some new technology and new capabilities to business, but the fundamental business problems are those that merchants have faced for hundred or even for thousands of years: Merchants must have something to sell, make it known to potential buyers, accept payment deliver the goods or services, provide appropriate service after the sale.  

E-Commerce is not only for big companies. It is the great equalizer of all enterprises. The Micro, Small to Medium sized Enterprises (MSMEs) should consider e-commerce and expand their market reach. It is imperative that MSMEs should engage on e-commerce. With the advent of cross-border trading, international and intra-regional trade will increase exponentially.  

Now a days, It is vital that micro, small to medium enterprises to go online, and automate their business to compete with international brands. Those with manual processes that have slow, redundant, unreliable, inefficient approach to business will be left behind.

Enterprises who engage in selling of goods and services to the global market, can utilize the Internet as a medium which have less human intervention, but are open 24 hours a day, 7 days a week that can accommodate any customer regardless of their time zones and distance. 

As of 2016, Indonesia is commonly thought of as Southeast Asia’s largest market as it contributes to 40% of the region’s economic output, has the largest population in the region and endorsed as the ideal cash cow for many businesses.  However, in the recent study conducted by Alpha-Beta and Nielsen, Indonesia does not dominate the largest consumer markets for items like shampoo, soft drinks and detergent but instead, Philippines dominates these consumer demands in the region (cigarettes, beer, chocolate, diapers, instant noodles, vitamins, moisturizer, etc.). This is an opportunity for our MSMEs to sell in a greater reach.

Below is the list of the active enterprises in the Philippine E-Commerce space.
Source  https://ecommerceiq.asia/top-ecommerce-sites-philippines/

With E-Commerce, enterprises can now have lager market reach, deliver product or services and accept payments with convenience on the part of the consumer and seller.

Want to earn extra? or shift from employment to entrepreneurship? What are you waiting for? 10 years ago is the best time to plant a mango, and if you haven't plant it, the next best time is today. Thru E-Commerce, ease of doing business is now at hand.
Sources:
http://www.dti.gov.ph/roadmap
http://euroasiaresearchexperts.com/
https://ecommerceiq.asia/top-ecommerce-sites-philippines/
http://euroasiaresearchexperts.com/wp-content/uploads/2016/06/ECOMMERCE-ANALYSIS-PHILIPPINES-Final.pdf?x54396



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