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Startup Tips

4 Questions To Ask If Your Business Is Ready for E-Commerce

Maximize your selling opportunities online

Both big and small businesses are finding opportunities online and venturing into the fast-growing industry of e-commerce. In the Philippines, a study by global social media marketing agency We Are Social states that 56 percent of Filipinos visited an online retail store ...

by Nicai de Guzman  | August 28, 2018 10:00:00
Run & Grow

(Infographic) Fascinating Facts About Ecommerce vs. Brick and Mortar

There are pros and cons to both

While many people believe brick-and-mortar shops are doomed in today’s tech-driven world, there are still a number of people who prefer this hands-on method over shopping online. In fact, offline sales are 10 times bigger than online sales in the U.S. But online shopping is growing ...

by Rose Leadem  | January 05, 2018 06:00:00
News and Events

To Catch E-Commerce Boom Expected by 2020, PH Retailers Must Set Up Online Shops Next Year, Say Experts

E-commerce services company aCommerce quadruples warehouse space in the country to 10,000 sqm by 2018

For decades, the biggest companies making fast moving consumer goods (FMCGs) in the Philippines followed a well-defined formula to sell their products. They bought airtime from television and radio broadcasters to advertise their products and then tapped distributors that delivered their wares ...

by Elyssa Christine Lopez  | December 03, 2017 09:00:00
Business Ideas

How This Millennial Built a Multi-Million Peso Business in One Year

His company regularly works with clients from Australia and the US

Kenn Francis Costales had a steady job as a brand manager for Procter & Gamble Asia but he always wanted to create assets for himself instead of just relying on his salary.“Everyone thought I was crazy because I was going to turn ...

by Nicai de Guzman  | December 02, 2017 09:00:00
News and Events

Jack Ma is Poised to Disrupt PH’s Trade and Payments System, and Why That’s a Good Thing

The Alibaba founder has stakes in the country’s biggest online store and leading fintech company

Jack Ma (second from left) walks with his Philippine partners Jaime Augusto Zobel de Ayala and Fernando Zobel de Ayala. Ma's Ant Financial has a stake in Mynt, Globe Telecom's fintech unit, its first investment in the Philippines.With more than 276,000 viewers ...

by Pauline Macaraeg and Lorenzo Kyle Subido  | October 27, 2017 05:00:00
News and Events

Who Are the Leading Foreign and Local Players in PH E-Commerce?

While international firms top the list, majority are locals, according to iPrice Group

Southeast Asian e-commerce site Lazada led the list of the largest players in the Philippine e-commerce industry, receiving an average of 62.5 million page views per month.That’s according to a report by the iPrice Group, a Malaysian online shopping aggregator that runs ...

by Lorenzo Kyle Subido  | October 24, 2017 02:00:00
Startup Tips

Financial Adviser: 5 Retail Lessons Every Startup Can Learn from the Co-Founder of Lazada

Lazada is the largest e-commerce destination in the country today. How did they do it?

Inanc Balci was working in an investment bank in London doing mergers and acquisition deals for technology companies when he received an email from one of the founders of Rocket Internet, Oliver Samwer, to meet at his hotel.Samwer was organizing a team ...

by Henry Ong  | October 17, 2017 11:00:00
News and Events

Pinoy Kids Need Not Worry: It's Business as Usual for Toys "R" Us

Local franchise holder assures all 34 standalone branches and 44 toy box outlets are open ahead of the holiday season

The Asia Pacific office of the global toy retailer Toys “R” Us assured its business partners and customers that its operations will continue, despite the bankruptcy filing of its US counterpart earlier this week.“The company’s operations outside of the US and Canada, ...

by Elyssa Christine Lopez  | September 20, 2017 06:00:00
News and Events

Ex-BlackBerry PH Manager Raises Php32-M for Online Store Selling Electronic Gadgets

Poundit wants to be the top-of-mind for consumer tech products in the country

Filipinos are known to be fast digital adopters. According to the latest numbers from social media agency We Are Social, there are over 129 million mobile phones in the country and around 60 million Internet users. As well, Filipinos spend the most ...

by Lorenzo Kyle Subido  | September 19, 2017 11:00:00
Business Ideas

How an Instagram Seller of Used Clothes Expanded into Garments Making

Former TV producer finds entrepreneurship more rewarding than employment

Three years ago, Heidie Ricca Cruz-Del Rosario was a full-time career woman. She worked as a producer at TV5 Network Inc., one of the top three broadcasting networks in the country,Now, she’s a full-time entrepreneur, but what’s really interesting is how she ...

by Pauline Macaraeg  | July 21, 2017 10:00:00
News and Events

Consortium Helps Small Business Owners Get Started on E-Commerce

UREKA Forum prides itself as the country’s largest e-commerce mass conversion program

In January 2016, the Department of Trade and Industry (DTI) launched “The Philippine E-Commerce Roadmap,” which aims to bring 100,000 micro, small and medium enterprises (MSMEs) online and double e-commerce’s share of GDP to 20 percent by 2020.That looks like a tough ...

by Lorenzo Kyle Subido  | July 19, 2017 12:00:00
Run & Grow

Lazada Steps Up Fight Vs. Fake Goods

CEO Inanc Balci says Lazada is the ‘decade’s biggest entrepreneurial opportunity in the PH’

31-year-old Inanc Balci is the CEO of Lazada PhilippinesFive years since it was founded, Lazada Philippines is already the top ecommerce platform in the country, but talk to its country manager and you get the sense that they’re only getting started.The local ...

by Paul John Caña  | June 01, 2017 10:00:00
Run & Grow

This CEO Plans to Make the PH a Top Country for E-Commerce

Inanc Balci of Lazada has a personal mission

First, let’s run the numbers: Lazada Philippines is the seventh most visited website in the country according to web tracking service Alexa. The site gets roughly around 2.1 million page views and 354,550 unique visitors daily according to Hypestat. Over 10 million ...

by Paul John Caña  | May 27, 2017 06:00:00