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Internet users in Pakistan have been buying and selling items since the days of infuriatingly slow dial-up connections. But it is only in the last few decades that online shopping has transformed consumer habits and revolutionised businesses all over the world.
According to State Bank of Pakistan stats, in Pakistan e-commerce industries witnessed a growth of 93.7% for the year 2018.
The sales of local and international e-commerce merchants for FY2018 have reached almost Rs40 billion.
This is good news. But where we celebrated reduced carbon emissions, rental cost cutting for retailers, availability of cheap deals and the ease of swift transactions as favourable byproducts of online marketplaces— long and complicated procedures, shipping delays, the risk of fraud and misleading practices have put a damper on e-commerce optimism.
Read: Pakistan’s booming e-commerce market is just getting started
Wins and drawbacks
The dynamics of online businesses in Pakistan have changed in the last few years. Today we are fortunate enough to have online marketplaces with:
- proper payment systems in place
- affordable ready-made solutions to start an online store and
- the help of service providers to start a business on the internet.
Not only that, users have been building successful businesses utilising nothing but their personal profiles on major social media platforms with absolutely zero technical know-how of website building.
Online stores today have some semblance of transparency and are more personalised. Unlike other stores in the past, e-stores are now more reachable than ever; people operating behind online stores are known, their offices are public knowledge and they organise frequent press conferences.
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But there also exists mistrust between buyers and sellers due to careless product entries, misleading pricing and other online services collapsing.
Companies invest plenty to gain sizable business but often fail to counter campaigns that damage the company’s reputation and the reputation of e-commerce as a whole.
Common misleading practices
1. Inaccurate product listing
Shopping starts from going through products in a category or in a search result. The idea is to find the required item fast, but nothing is more cumbersome than getting a completely unrelated product in the resulting list.