Take mobile e-commerce seriously, Island Souvenirs not selling online why?

Wednesday, December 9, 2009

From the Cebu Sunstar:  The growth of peer-to-peer or person-to-person trading sites like Sulit.com.ph, AyosDito.ph, 88db.com.ph, OLX.com.ph, Multiply.com, eBay.ph, among others, has allowed Filipinos from all the country to trade with each other. As you can scan through the various payment options, Globe GCash and Smart Money are in majority of these seller pages.

Anyone who has not looked into these two payment platforms in the past should think again. With mobile broadband becoming affordable and a growing number of Pinoys surfing through the mobile phone, there is a new opportunity to market and position the selling of product or service focusing on this growing user segment.

Globe GCash Glick (https:/ gcashclick.delbrosonline.net/), in partnership with courier company Delbros, now allows online sellers and buyers to trade with each other with ease. The system ensures buyers and sellers that a product ordered is received in good condition and in accordance with what was indicated online. In addition, payment is already secured prior to shipment, allowing proper transfer of funds after the delivery process.  Continue reading here http://www.sunstar.com.ph/cebu/toral-take-mobile-e-commerce-seriously

Also read my blog on sending money  http://mysendmoney.blogspot.com/
And my blog on Business Ideas http://philippinebusinessideas.blogspot.com/

Philippine Business trend slowly shifts to online selling

Sunday, December 6, 2009

My comment:  But major players like SM, Ayala, Metro, Robinsons, Island Souvenirs, CDR King and many others haven't seen the light yet in my opinion and missing a major business low cost opportunity 

China's online sales soar in Jan-Sept: govt (wonder why no news like this in Philippines?)

Philippine Star CEBU, Philippines - Despite lots of business spaces now made available around the city, the advent of the internet has made online selling now the fast growing trend in the business community.

This is due to the free advertising and no need to pay for space rentals said Tina Tan, an online business seller who sells ready-to-wear clothes and accessories through the web.

Tan said that doing business online has become very popular and since the budding of social networking sites, it makes their jobs easier and gives them a chance to have a wider market.
According to Tan, business through online is very easy especially for those that have other things to do like students like her.

She said that all they have to do is add as many contacts as they can, preferably people they know so that they would not be scammed, and immediately they have instant customers.

Val Carla Vergara, a new online business player, said that she shifted to online selling because it is a new strategy for small business players like her who wants extra income but does not need to invest on a huge capital.

Vergara said that there are so many small business players that are using the net right now for their businesses but the competition does not worry her despite having the same kinds of products like RTW’s, accessories, and toys.

She said that just like any other kind of business, it depends on the marketing strategy of the online shop owner.

Vergara explained that she sells her products cheaper than those sold in malls and she puts the difference of the prices in her site so that the customers would be able to see how much money they will be saving if they buy it from her.

She said that unlike stores in malls and also from other online entrepreneurs who has fixed prices, she lowers her prices if the customers ask for a discount and she also does this if her clients buy three or more products.

But according to some like Armida Aguilar, a college student, the pictures are not enough for her to buy a product online. Aguilar said that despite online selling becoming a fad today and saves the shoppers time from going around places looking for clothes, she still chooses to go the conventional way pf shopping because she wants to make sure that she the quality is worth the money she is paying.  Continue reading here http://www.philstar.com/Article.aspx?articleId=530097&publicationSubCategoryId=108

Internet supermarket booms in bad times, Selling online a golden opportunity for Filipino business

Monday, November 16, 2009

From ABS-CBN news online - The Internet global supermarket is booming because people and businesses are looking for bargains and new outlets in bad times, a new report says.  (My comment, Philippines has a golden opportunity for big and small businesses to embrace this technology and sell sell sell to the world.  Example is the recent Pacquiao rumble where people wanted to buy tshirts, and much more and where were the Filipino merchants like Island Souvenirs online, seems they and others are missing a golden opportunity)

And the this great global shopping mall can only expand rapidly as mobile phone use explodes, the Chinese get involved and advertisers jump in, the OECD forecasts.

But the e-trade revolution is being held back by hidden frontiers, ranging from concerns over privacy of personal information, language problems, delivery costs and taxation and regulation barriers.

As the Christmas spending spree, vital to many retailers and manufacturers around the world, gets under way, the OECD also highlights other worries for consumers.

For example, Santa Claus may never turn up with the goods, or the purchases may be defective, or payment details may be stolen.

These are among the obstacles to increased cross-border trade, paradoxically even within the European Union, which the Organisation for Economic Cooperation and Development lists in a report on a conference under the heading: "Empowering e-consumers."

The report found that the financial crisis had breathed new life into electronic commerce, with sales rising in Europe, the United States and China at a time when the store-based retail sector struggles as consumers' disposable income shrivels.

"The financial and economic crisis appears to be giving a e-commerce a boost as consumers search for ways to reduce expenditures by purchasing items online," the OECD said, adding: "The savings can be substantial."

It cited a study showing that shoppers in Britain, Germany and France can save 17 percent by buying electronics goods, DVDs and clothing on online trading platforms rather than in physical stores.

In the United States on-line sales for 80 retailers rose an average of 11 percent in the first quarter of the year, according to another study.

One site, Craigslist, is forecast to report sales of 100 million dollars this year, a 23 percent increase from 2008. Another platform, Amazon, had net sales of 177 million dollars in the first quarter alone, up 24 percent from the first quarter 2008.

The OECD cites a study by the Forrester research group predicting that western European consumers will buy 123.1 billion euros' worth of goods online by 2014, for an average annual growth rate of 9.6 percent.
China too has experienced a jump in online retail activity. The online auction and retail website of the country's leading e-commerce company, Alibaba Group, reported a 131 percent rise in transaction volume in February compared with a year earlier.

Helping to spur electronic commerce is the growth in mobile phone use. The number of mobile phone subscribers grew at an average rate of 30 percent a year from 1993 to 2007 in the 30 industrialised economies in the OECD.

But the OECD warned that the future of e-commerce is not entirely secure, maintaining that its fate "depends for a large part on the level of confidence that consumers have in on-line shopping."

It noted that half the cross-border complaints and disputes filed with the European Consumer Center Network stemmed from purchases made over the Internet.
"Delivery problems and dissatisfaction with the products purchased were the leading reasons for the complaints, accounting for 75 percent of the total," the OECD said.

Customers voiced dissatisfaction with non-deliveries, misrepresentation by online retail sites and difficulties contacting merchants.

While the Internet may have made it easier to buy products from foreign businesses, consumers have shown themselves to be reluctant to do so, according to the OECD, which cited language barriers, higher shipping costs, regulatory barriers and scams and misleading practices as key constraints.

Last year 33 percent of EU consumers purchased products online but only 7.0 percent bought goods from another country, the report said.

While many countries have e-commerce laws and regulations, such practices risk becoming outdated given the speed at which new products and services are created.

The study found that most countries, apart from the United States, do not have specific regulations to protect the privacy of children.

It said many online retailers ask consumers to confirm their age simply by ticking a box, with no follow-up measures to ensure that the information is accurate.

Another area of growing concern for the sector, according to the OECD, is the use of behavioral techniques that track a consumer's purchasing habits in order to tailor advertising to his or her interest.

But there is little doubt about the economic impact of online advertising. A recent study cited by the OECD found that the contribution to economic activity of online advertising amounts to 300 billion dollars in the United States. The US online advertising sector directly employs more than 1.2 million people.  Continue reading here http://www.abs-cbnnews.com/technology/11/16/09/internet-supermarket-booms-bad-times

Philippine Islands Souvenirs

Wednesday, November 11, 2009


Europe vows to liberate online shopping, what about shopping online in the Philippines?

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My comment: Here is the Philippines the merchants are losing a valuable opportunity to sell online as few do such a business. There is an increasing number getting online everyday and its a cheap way of advertising too. Even stores like CDR King which is always out of many items, would be an excellent candidate for such an expansion with pent up demand all over the country. And Island Souvenirs also does not seem to recognize the world wide potential of such world wide sales. And the Hong Merchants who sell on ebay should open a local stocking outlet since the non brand batteries cell batteries sold in country are mostly junk and don’t last good like the original brand and yet my experience from USA and Hong Kong batteries off brand, they are just as good and even if you can ever find any batteries in stock for your cell at CDRKing they are good not like the off brands sold at the stalls you find everywhere here in the Philippines. And there are lots of other items that would be easier to sell online with good delivery services like LBC, DHL and others here in country. Payment remains a sticking point so meet ups still might be the best way or payment after receipt like Globe is now offering although I don’t know how well it works. But if its a big reliable company it should be easy. Why not even sell LCD TVs online for local pickup from SM Appliances or Robinsons or Abensons?

Written by philippinetech Edit

October 25, 2009 at 11:27 am

Letter to Islands Souvenirs president Jonathan Jay Aldeguer

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Letter to Islands Souvenirs president Jonathan Jay Aldeguer

Your website is visually attractive but could generate great sales if you had your t shirts from the different cities of the Philippines right on line so customers could order by city and attraction worldwide.

Also your email on your website does not work, so how can you learn what customers think? Try sending an email and you will find it is rejected as unable to find your company email.

Here is what the rejected email said Hi. This is the qmail-send program at yahoo.com.
I’m afraid I wasn’t able to deliver your message to the following addresses.
This is a permanent error; I’ve given up. Sorry it didn’t work out.
Sorry, I couldn’t find a mail exchanger or IP address. (#5.4.4)

And your flash introduction page on your website is annoying rather than opening right to your products page and should be removed as some don’t have flash players. Check out these websites where you can order online and there is no wasted flash page to slow down your customer experience.

Why can’t you do the same having ordering online to the world?

And your website doesnt have email address able to be easily copied so you can paste in your email as it is a graphic and not able to be copied but must be hand written, why not make it easier for customers to write you by putting the email address in text like most websites do?

Being visually attractive does not make sales, but the Philippines and the world are ready for your products online and I am sure that many like me have visited a place and regretted not getting a t shirt and later would like to have.

Why not make it easy and put ur shirts online and see how e-bay.ph does it very well with millions of customers who order online. You could even have a store on ebay. I would be happy to talk with you further but regardless I hope you can make your website useful to customers besides just getting store locations.

Thanks. We want your t shirts online. Watch the sales expand!


Written by philippinetech Edit

October 6, 2009 at 9:05 pm

Islands Souvenir store offers new products

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RACKS dedicated to fair-trade products will be put up in at least 20 Islands Souvenirs stores nationwide starting next year in support of local producers and in the promotion of sustainability efforts.

This was disclosed by Islands Group president Jay Aldeguer during a media lunch last Thursday at Casino EspaƱol de Cebu.

Islands Souvenirs Inc. (ISI) outlets will serve as an incubation hub for fair-trade products to reach their markets.

Fair trade is a global movement that aims to give just value and market access to the products of small-time producers. Fair trade products are made in environmentally, economically and socially responsible conditions.

Aldeguer said he had been active in developing cottage industries and so was aware that most producers are concerned with market access.

“Islands Souvenirs will give them the venue to promote their products,” he said. The 20 main stores identified nationwide will simultaneously start displaying fair-trade products by the summer of 2010.

He also said since these stores are based in different provinces, the suppliers can come from producers based in the provinces where ISI outlets are located.

If the products get a good response from the market, Aldeguer said, Islands Souvenirs will officially tap the producers as direct suppliers of the company.

He also said the company welcomes various products, from bags to food products.
The company’s pasalubong (souvenir) center in Lapu-Lapu City is already carrying fair-trade products.

Aside from this, Aldeguer is also looking at asking the Department of Trade and Industry to assist producers in their businesses. He said he has already talked to local fair trade movement representatives in Cebu to help push for this initiative.

Written by philippinetech Edit

October 6, 2009 at 8:51 pm

Cebu-based Islands Souvenirs aims at nationalistic fervor

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WHAT started out as a regular Independence Day seasonal shirt design for a Cebu-based souvenir retail giant has now become a leader in a new trend that makes it cool again to be Filipino.
Island Souvenirs president Jonathan Jay Aldeguer said they were preparing to roll out a 2008 Independence Day commemorative shirt when suddenly the proverbial light bulb lit up.
“Suddenly our employees and their friends have been [eagerly] asking when it will be released and when the new designs will come out,” Aldeguer said. “[The interest on the shirts] was surprisingly overwhelming.”
-The shirt spread like wildfire and in just a year, the brand known as Pi (for Philippine islands) accounts for Island Souvenir’s biggest sales chunk in its 90 shops nationwide.
“It became trendy to be proud to be Filipino again,” Aldeguer said.
It is so successful the company is now thinking of creating standalone stores for the brand before Independence Day 2010.
Designs of the Pi shirts are surprisingly simple—mostly inspired by the Philippine flag, writings by national heroes and the Philippine map. But it has successfully punched through perhaps the most fickle and western-oriented market segment—the young adults.
Island Souvenirs hit the retail market by storm in the 1990s with its brightly colored shirts heralding the best of the Philippine cities and other tourist destinations.
Aldeguer credited the fervor to a combination of factors—the victory of Manny Pacquiao, the deaths of former president Corazon Aquino and musician Francis Magalona, and the successes of singers Arnel Pineda of Journey and Apl.D.Ap of Black Eyed . He also credited his company’s design staff for continuously churning our groundbreaking illustrations.
“Previously, nobody would like to be caught wearing a Philippine flag-inspired shirt,” he said. “Now it’s cool to be nationalistic. Even the younger kids drag their parents to our shop to buy a Pi shirt.”
Island Souvenirs also launched a massive marketing campaign, tapping young endorsers from rock stars to student leaders even to young philanthropists—all proclaiming their pride to be Filipinos.
Sales from the Pi line has boosted Island Souvenir earnings by 30 percent on top of its usual sales with Cebu and Metro Manila accounting for the bulk of the positive growth says Aldeguer

Written by philippinetech Edit

October 6, 2009 at 8:48 pm