As we all know, the first sites that Shopee platform can open are Taiwan site, Philippines site and Malaysia site. Because when people first start to do Shopee, there are many requirements that cannot be met. So is Shopee Philippines site easy to do? Is Shopee Philippines site easy to operate? 1. Basic Information of the Philippines The Philippines is the second most populous country in Southeast Asia, with a large proportion of young people, a high English literacy rate, huge potential for economic development, and a rising middle class. 2. E-commerce environment in the Philippines The number of e-commerce users and spending in the Philippines continue to increase, driving the continued expansion of the e-commerce market, with a compound annual growth rate of 36% in 15-25 years. However, in terms of mobile Internet, the Philippines' network infrastructure is slightly weak, the traffic cost is higher than the average level in Southeast Asia, and the network speed is poor. With the construction of Alibaba and Tencent in the local area in the past two years, logistics and payment are being improved step by step, and government agencies have also issued policies to focus on supporting the development of e-commerce. 1. Government development and planning on e-commerce: The government empowers and formulates the "Philippine E-Commerce Roadmap" to promote the e-commerce economy to account for more than 50% of the total GDP in 22 years. 2. Taxation: The e-commerce taxation framework is improved. 3. Logistics: The overall infrastructure needs to be improved, government investment is accelerating infrastructure improvement, and the express delivery industry is an emerging and rapidly developing field. 4. Logistics: Shopee Philippines mainly uses its own channels and supports both COD and non-COD payments. 5. Payment: The importance of digital payment is becoming increasingly apparent; cash on delivery is still the main payment method for e-commerce transactions. 3. Characteristics of Philippine e-commerce consumption habits 1. Overview of e-commerce consumer groups and habits in the Philippines (1/3): The user profile is mainly young men, and the preferred consumption time is afternoon and evening. 2. Overview of e-commerce consumer groups and habits in the Philippines (2/3): Promotional activities are popular, with electronics, fashion, and furniture ranking in the top three categories. 3. Overview of e-commerce consumer groups and habits in the Philippines (3/3): Heavy use of social media and huge potential for the development of the internet celebrity economy. When people choose to open a store on the Shopee platform in the early stage, the sites they can choose from are very limited. The Philippine site is relatively easier to do because its e-commerce environment is generally good. All you have to do is understand its consumption habits. Recommended reading: Which Shopee site is better? How to join? Which site is better for Shopee in Malaysia or Taiwan? How does Shopee Taiwan set prices? How can I set a suitable price? |
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