DIGITAL COMMERCE
ASSOCIATION OF THE
PHILIPPINES
Opportunities Asian Merchants Can Find in the Philippines
bob@dcom.ph
79%
TRAVEL & TOURS
(PRE-PANDEMIC)
ECOMMERCE
2.4B USD
0.5% OF GDP
COVID-19
IMPACT ON US
On 16 March 2020, under President Rodrigo Duterte, the Philippine Government instituted an enhanced Community quarantine (ECQ) in Luzon (including its related islands), which is essentially a complete lockdown, restricting the movement of the population in response to the the coronavirus disease pandemic 2019 (COVID-19) except for necessity, work and health circumstances.
59% DROP
GROCERY &
SUPERMARKET
65% DROP
WORKPLACES
88% DROP
RETAIL &
RECREATION
80% DROP
TRANSIT STATIONS
MOBILITY
51% HALTED
BUSY WORKERS' EATERY
24% SMALL VARIETY STORES CLOSED SHOP
BIG RESTAURANTS WERE UNAVAILABLE
-79.6%
DEPARTMENT STORES
GROWTH
- 45.7%
SPECIALTY STORES
TURN WEAKNESS INTO OPPORTUNITY
NEVER
SAY
DIE
RC SOLANGON
VP PHILIPPINE CHAMBER OF COMMERCE & INDUSTRY - MAKATI CITY
EARLY WINNERS
FILIPINOS PIVOT TO ECOMMERCE
TRAFFIC PER MONTH
412M
54M
668M
+8.6%
5.8 MILLION NEW USERS
1M
NEW FOLLOWERS DAILY
74/100
CONSUMER rEADINESS
59%
INSTALLED SHOPPING APPS
37%
USE BANKING APPS
GAME CHANGER!
COMMUNITY QUARANTINE
TOP MENTIONS
ON VIBER
57%
36%
FOOD ONLY
FOOD+PERSONAL CARE
OR SALE
4000%
INCREASE IN DIGITAL COMMERCE REGISTRATION
- DEPARTMENT OF TRADE
DIGITAL TRANSFORMATION
SUCCESS STORY
FROM BRICKS TO CLICKS
"Online sales quickly became 3-5% of total business; to target 50% in next two years."
GREEN TEE INC.
Future Growth
Strategies
OPPORTUNITY FOR ASIAN REGION
The Philippines GDP is 60% dependent on (imported) consumer expenditures.
MARKET SEGMENTS
B2C GROWTH AREAS
40.7%
Video Games
8.2%
Food & Personal Care
9.3%
Furniture & Appliances
14.3%
Electronics /Media
12.6%
Fashion & Beauty
NEW OPPORTUNITIES
BUILD, BUY OR PARTNER
30% compound annual growth rate (CAGR)
50% of transactions will be done online by 2023 - PH Central Bank
Experience is a compelling teacher. From hereon, every single company in the Philippines will have to seriously setup their digital play either to transform the way they do business or digitalise their respective industry.
E-COMMERCE
15B USD
(2025)
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REFERENCES
BUSINESS WORLD
WE ARE SOCIAL 2020, 2019 DIGITAL REPORT
TECHCELLAR BUINESS SOLUTIONS
PHILIPPINE CHAMBER OF COMMERCE & INDUSTRY
BDO UNIBANK, PH CENTRAL BANK
PH DEPARTMENT OF TRADE & INDUSTRY
PH BUREAU OF INTERNAL REVENUE
FRANCHISE ASSOCIATION OF THE PHILIPPINES
VIBER PHILIPPINES
GOOGLE MOBILITY REPORT
PH STATISTICS AUTHORITY
FOR VENTURE DEVELOPMENT, BUSINESS MATCHING AND OUTSOURCING
+63 917 530 6790
BOB@DCOM.PH
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