Internet and Your Business
Many people are using the Internet & many more to come:- 75% growth in the number of people online and their data usage
- ISP Association Indonesia: Internet users double every year.
- Forecast: over 50 million Indonesians Internet users by 2008.
AC Nielsen & i2BC Surveys of Indonesian Internet users:
- 88% Indonesian Internet users KNOW that they can transact online.
- In 2002, 16% ALREADY transacted online, spending over USD 1 million
- Many more are willing to do online transactions, for reasons of conveniences & prices, buying books, music, computers, and more
Tourism industry globally:
- Hotels: 25% booked online today, + 25% more researched online
- Many airlines, esp. low cost carriers in Europe: over 75% booked online
Problems Faced by Indonesian Comp
No Payment Services in Indonesia:
- Companies cannot offer full e-commerce experience, where customers can find their goods or services and complete their payment online.
- Transactions cannot be completed instantaneously
- Lost sales opportunities and lost revenues.
International Payment Services do not accept Indonesian companies
- Indonesia is perceived to be an extremely high risk country
- Indonesia is not a high priority for many international payment companies
Indonesian banks do not offer payment gateway services
- Indonesian banks cannot do credit card transactions in foreign currencies
BOTTOM LINE:
Indonesian companies are MISSING OUT
the fastest growing of the world’s economy: online economy
