03/05/2019
The e-commerce industry is gaining ground as digital marketplaces end 2018 with record highs to reflect the growing number of Filipinos doing their shopping online.
The Internet World Stats reported that around 67 million Filipinos were active online in January 2018. This was a 12% increase year-on-year.
The country also ranked first in the world in terms of social media use and the amount of time spent online. Businesses believe this makes the country an ideal place for e-commerce to thrive.
It is projected that the consistent growth of e-commerce in the country can be attributed to the convenience sought by digital-savvy shoppers.
This prospect encourages entrepreneurs to take their businesses online as they enter 2019.
That’s why more and more Filipinos are starting up their own Online Business than Traditional Business one main reason if about the huge capital needed.