Philippine Economy Talk

[boybi]

its really simple how 711 thrives. if there is inflation and Jollibee raises 1 pc chicken w/ rice to P100 from P90, 7-11 just offers it at P90 from P80. if another round of innflation raise 1 pc chicken with rice to P110. 7-eleven offers it P100.

sya ang mas mura, so mas pupuntahan sya ng mga call center here in Ortigas, na kakain ng meal. so many 711 products undercuts everything here. even beers and coffee. they have P35 to P55 coffee, dun pa lang undercut na kagad starbucks, and the night bars for the beer.

yan nga ang pinagtatawan ko dito sa Ortigas, the execs of Jollibee and Mcdo are always raising prices to P5 to P8 to earn more profit. eh sunod lang si 7-11 kung ano tinaas nila haha.

it's right under their noses and they cant see the underdog winner lol. I have friends who have higher poisitons in 711. namimili lang ng mga Montero at fortuner yun even Condos. san ka pa, grocery items makakabile ng mga Fortuner.

what's moral lesson, dont be too quick to raise your prices when there is a consensus that there is inflation or inflationary tax like train law. magulat ka ang makikinabang yun isang tindahan na sa tabi-tabi ang makikinabang dahil ambilis mo magtaas ng presyo lol

Actually alam na ng mga QSRs yan. They know that these convenience stores are one of their main rivals. That's why naglabas na sila ng mga tipid meals that are less than 100.00.

[minicarph]

I frequent Ortigas and BGC and from what i observed malaki na din ang dining srea ng mga ministop and 711. Some even have mezzanie ( makeshift 2nd floors) to house meal patrons.

Balewala ang mga mcsavers meal ng mcdo or jollibee, coz sa tutuusin burger bun na lang ang kulang sa 711 and ministop . I thinkministop offers lumpia shanghai meals, burger steak meals, as well as fried chicken as well as korean flavored chickens (pati bonchon binantan na nila lol). Kumpleto din sila sa dessert like soft serve ice cream or yun mga selecta, nestle cornetto deumsticks. And their drinks symepre mas mura.

Kinda makes you wonder kasi sa jollibee at mcdo ang daming crew, pero sa ministop and 711 mas konti ang crew and yet they can handle both meals serving as well as grocery items. Wala naman groceey ang jollibee at mcdo.

People use kasi jollibeee as measure of cheap meals pero actually it should be 711 and ministop ang dapat nila measurement. A P80 chicken meal from the convenience store is not cheap pero it looks cheaps coz jollibee is more expensive. Magkano lang ang rice and chicken before you cook it, di pa siguro aabot ng P30.

I dont know if 711 and ministop are publicly traded, pero jollibee is. That alone is a sure sign that jollibee needs to profit bigger for investors. Hence. Paliiit na ng paliit, panipis na ng panipis ang burger nila pero pa piso dalwang piso tinataas. Its a balancing act I suppose. Pero Diba jollibee is not all beef, may meat extenders. Hows that for nutrition,

[boybi]

Pero Diba jollibee is not all beef, may meat extenders. Hows that for nutrition,

Jollibee is the biggest importer of TVP (texturized vegetable protein) or TSP (textured soy protein).

[StockEngine]

Jollibee is the biggest importer of TVP (texturized vegetable protein) or TSP (textured soy protein).

fake burger patties & hotdogs[emoji24]

Sent from my SM-G935F using Tapatalk

[baludoy]

fake burger patties & hotdogs[emoji24]

Sent from my SM-G935F using Tapatalk

Zark's din daw puro meat extenders din [emoji22]

do what you gotta do so you can do what you wanna do

[boybi]

I wonder if lumiit din ba ang patty ng quarterpounder ng McDo? If so, hindi na sya pwede tawaging quarterpounder!

[minicarph]

Kung lets say nga investor ka or corporate exec ng jollibee tapps may first hand info ka kung san next branch ng jollibee say sa province, abisuhan mo na kagad anak mo na graduating, anak magtayo ka business kontakin mo 711 at sabihib mo interested ka franchise. E kilala ko mautak ang mga scout ng 711, pag nalaman nila magbukas jollibee dun di bibigay sayo franchise rightz, sila na lang pero kung nauna kayo mag-ama mag renovate. Gulat siguro 711 magkarun pala jollibee dun. Parabg insider info din yan eh lol