In our last blog emerging markets demand better e-commerce we highlighted a few characteristics of online trading solutions. We also spoke about the role mitra plays in testing out new and creative business models that work in developing countries.
We are delighted to announce the launch of PARTS.LK, the first of several digital platforms for the Asian market. Parts.lk aims to deliver auto spare parts directly to customers, without the dependence on credit cards when purchasing goods online.
The buying/ordering concept is similar to Amazon. The distinctive feature in Parts.lk is the ‘Cash on Delivery’ option. Whilst providing customers hassle free home shopping, with products delivered to their doorstep, it also extends as a trusting organisation.
We are aware however, that the operational elements are complex and poses financial risks. mitra has teamed up with the best infrastructure providers in order to avoid and overcome such situations. This innovative solution is expected to expand into Asian countries in the near future.