Tag: consumers
Navigating the rapidly changing world of retail
It is no understatement to say that the world has changed forever because of COVID-19. Several months into a global lockdown, governments, businesses, and...
A surge in online retailers
Businesses of different sizes have been digitally present before the lockdown. Yet, since the ongoing pandemic has forced some to stay and work at...
Evolution through involvement and community
PANA and PANAF 2020 banner the theme ‘Brands that Build the Nation’
By Bjorn Biel M. Beltran, Special Features Writer
Moving into the third decade of the...
Advanced technologies and developing preferences
The automotive industry has entered a new decade, bringing with it innovations from the previous years that have been transforming vehicles across the globe...
“Be bold, get in their feelings”: How marketers should connect with...
As the average consumer gets smarter and warier, it’s getting harder for marketers to make their brands stand out. But with a little courage and tons of feelings, they may be able to get their customers to listen.
A consumption-driven economy
Consumer spending has traditionally been the driving force behind the growth of the Philippine economy in recent years, with households contributing majority of aggregate...
Getting to know the global consumers
More interesting insights are being discovered about the global consumers, their lifestyles, and their preferences.
Recently, global strategic market intelligence company Euromonitor International came up...
Meeting (and engaging with) your customers where they are — online
Those looking to take the route of entrepreneurship need to place importance on having a strong online presence in order to help conquer today’s...
Finance dep’t cites tax reform gains as retail firms report higher...
THE DEPARTMENT of Finance (DoF) touted the effectiveness of lower personal income tax (PIT) rates under the Tax Reform and Acceleration and Inclusion (TRAIN)...
Filipino consumers more optimistic for Q2
MORE Filipinos grew optimistic for the second quarter amid perceived improvement in peace and order, and bigger incomes, the Bangko Sentral ng Pilipinas (BSP) reported on Friday.
Consumer prices rise further in April, breaching full-year target
Consumer prices rose to its fastest pace in more than five years in April, the government reported this morning.
The Philippine Statistics Authority (PSA) said...
Consumer group calls for regulation of price hikes after TRAIN
A consumer group has called on government to regulate the continuous increase in the prices of goods and services partly brought about by the...
China economic growth shored up by consumption as industry eases
China’s economic expansion held up amid robust consumer spending, underpinning global growth and giving authorities room to purge excessive borrowing, while the industrial sector...
PHL e-commerce channels for FMCGs underdeveloped — Kantar
ELECTRONIC commerce (e-commerce) remains underdeveloped in the Philippines for selling fast-moving consumer goods (FMCG), with traditional retail outlets still the leading point of purchase,...
Lazada, Zalora expect record holiday sales in PHL
By Krista A.M. Montealegre,
National Correspondent
E-COMMERCE portals are poised to rake in record holiday sales this year, as malls pursue their expansion at a time...
DTI to tighten watch on food prices as Christmas draws near
THE Department of Trade and Industry (DTI) said it will monitor prices of commodities, particularly of food items such as those for Noche Buena,...
Consumer confidence slips amid continuing crisis in Marawi
By Melissa Luz T. Lopez, Senior Reporter
FILIPINOS grew less optimistic in the third quarter amid increasing concern on the unresolved conflict in Marawi City,...
Germans ditch pork as consumers go vegetarian
THE NATION that gave the world Bratwurst and hot dogs is cutting back on its favorite pork sausages and larding up plates with more...
Easing household spending weighs
A GLOBAL BANK has trimmed its growth forecast for the Philippines as increases in consumer spending and capital formation ease, and as potential long-term...
Lifestyle blog Hypebeast soars 708% in record Asia debut
HYPEBEAST LTD., the collection of fashion and entertainment blogs that started out as an online sneaker forum, had the best debut of any Asian...
How the world spends its spare cash
This infographic originally appeared in BusinessWorld Weekender, Feb. 4-5 issue.
Big beer’s curious plan to sell to consumers who mistrust them
AMERICA’S BIGGEST BEER companies want more millennials to buy their products, but they don’t want to be, like, obvi about it.
Anheuser-Busch InBev and MillerCoors...
US doctor group calls for ban on drug advertising to consumers
THE AMERICAN MEDICAL Association on Tuesday called for a ban on advertising prescription drugs and medical devices directly to consumers, saying the ads drive...