More bang for their buck: Smarter Pinoy shoppers to boost e-commerce in PH - Shopback

ADVERTISEMENT

dpo-dps-seal
Welcome, Kapamilya! We use cookies to improve your browsing experience. Continuing to use this site means you agree to our use of cookies. Tell me more!

More bang for their buck: Smarter Pinoy shoppers to boost e-commerce in PH - Shopback

ABS-CBN News

 | 

Updated Mar 20, 2023 11:54 AM PHT

Clipboard

iWant

Stream All the Feels Only on iWant.ph. Get the app and hit subscribe on Google Play, Apple Store.

Stream All the Feels Only on iWant.ph. Get the app and hit subscribe on Google Play, Apple Store.

E-commerce in the Philippines is likely to continue growing despite inflation as shoppers seek more deals and become wiser with their purchases, Shopback general manager for APAC
 Prashant Kala said on Monday.

Inflation in February eased slightly to 8.6 percent, but it remains above the government target of 2 to 4 percent.

Kala said people seek more bang for their buck while e-commerce platforms such as Shopback, which offer cashback for online purchases, continue to find ways to give value to its consumers.

"People are getting smarter...they’re not going to stop eating, not going to stop traveling. What people are looking at is how to make the bang for their buck. So what’s the best way to do spending? People are getting smarter, they’re looking at deals. They compare," he said.

Unlike the rest of the world, Kala said e-commerce in the Philippines and in Asia is seen to continue growing in the next 3 to 5 years. "I don’t see a decline in term of e-commerce spending," he added.

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

It looks like you’re using an ad blocker

Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by disabling your ad blocker on our website.

Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by disabling your ad blocker on our website.