Philippine Economy Talk

[viper888]

Opening up to tourists also increased the sales of the luxury stores. Most of the increase is probably from revenge shopping though.

[Ry_Tower]

what i would like to be informed about, are the sales figures.
baka naman kasi, lookers-and-not-buyers lang ang mga 'yan.

years ago,
a knowledgeable person once commented on the molopisha at that time,
"maraming tao diyan, but they still do not spend enough..."

kags sees (imagines!) what he wants to see...
living embodiment of tunnel vision and "i see what i want to see...".
heh heh.

Sales are improving indeed doc, better than pre-pandemic levels so far. Worry lang namin sa retail industry is the continuous price increase of basic goods/agri products. Iba talaga consumption ng upper part of the economic bracket and the lower/lowest income group.

[uls]

Opening up to tourists also increased the sales of the luxury stores. Most of the increase is probably from revenge shopping though.

yep revenge shopping

[papi smith]

I believe in revenge shopping because that's what my wife and daughter is doing right now [emoji24]

[dr. d]

I believe in revenge shopping because that's what my wife and daughter is doing right now [emoji24]

i believe in it, too.
but if i had a choice, i wish mine wouldn't.

[Akky M]

I was in Malaysia 2 weeks ago on business trip, same sa pinas, shopping malls are full , upscale branded shop are full. . . lakas ng spending power.


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[kagalingan]

^^^

i don't go malling much these days pero sabi ng mga kilala ko dami daw tao sa mga luxury brands stores sa makati

(in contrast to what kagalingan says nilalangaw)

ilan % at ano demographics cater ng luxury brand????

bakit namamalimos on national tv si gogah negosyo at ahyaw na ahyaw ang WFH ng mga telephone operator.

makati & bgc magkakaroon ng changes because they are the telephone operator capital of the philippines na dating opisina pero ngayon sa bahay na mas productive pa.

you dont go on national tv kung hindi naapektuhan ang sales ng city....nagdomino yan.

[boybi]

ilan % at ano demographics cater ng luxury brand????

bakit namamalimos on national tv si gogah negosyo at ahyaw na ahyaw ang WFH ng mga telephone operator.

makati & bgc magkakaroon ng changes because they are the telephone operator capital of the philippines na dating opisina pero ngayon sa bahay na.

you dont go on national tv kung hindi naapektuhan ang sales ng city....nagdomino yan.

Buhay pa din mga malls na yan long after you're dead.

[boybi]

ilan % at ano demographics cater ng luxury brand????

bakit namamalimos on national tv si gogah negosyo at ahyaw na ahyaw ang WFH ng mga telephone operator.

makati & bgc magkakaroon ng changes because they are the telephone operator capital of the philippines na dating opisina pero ngayon sa bahay na.

you dont go on national tv kung hindi naapektuhan ang sales ng city....nagdomino yan.

And now you're talking demographics?

Hindi talaga ikaw ang taget market nila kaya you don't see their potential.

[uls]

ilan % at ano demographics cater ng luxury brand????

although majority of pinoys don't go to luxury brand stores, the number of people who do has been increasing thru the years

explained in this thread:

Andrew E's Song 'Alabang Girls' Can Teach Us a Thing or Two About Economics

madami umangat ang buhay and they want to own nice things

lalo dadami pa yan

i wouldn't bet against the pinoy consumer

[kagalingan]

pwedemg buhay nga but bago pa magpandemic eh NILALANGAW na GLORIETA. I dare anyone post photo pag weekdays and weekends gaano kakonti tao jan.

Ito level playing field ano ang sales ng h&m jeans sa all makati store vs h&m cubao alone. An item that cost 599pesos.

What im saying yung potential to earn hindi naachieve ng makati sa mga ganyan bagay.

Imagine those worker sa building na dati ang daming pumapasok pero nalusaw na.

ang laki pinuhunan pero sa new normal nawala na 90%!!!!! Sino mag takeover na ganyan kadami workers???

yung mga bumili ng luxury napakaliit lang yan and not necessity. Hindi makacreate ng domino yan.

Makati should shift na maging luxury capital of 3rd world philippines. Panindigan na pagiging langaw.

[uls]

that's why padami nang padami ang foreign brands pumapasok sa pinas

meron market dito

[kagalingan]

although majority of pinoys don't go to luxury brand stores, the number of people who do has been increasing thru the years

explained in this thread:

Andrew E's Song 'Alabang Girls' Can Teach Us a Thing or Two About Economics

madami umangat ang buhay and they want to own nice things

lalo dadami pa yan

i wouldn't bet against the pinoy consumer

pwede naman sila bumili ng luxury pabili service sa abroad. Yan ang trend ngayon sa facebook groups.

kung kaaya-aya sana going to makati eh pwede yan revenge shopping. But sa sm north, megamall, mall of asia lang tunay na mararamdaman yan.

Majority ng pinoy ayaw pumunta ng makati. Mismo taga makati nga ayaw ng lumabas ng bahay nila. Ganyan ang epekto pag ang namumuno jan mafia.

usually ang pumupunta ng makati eh necessity ng work pero dahil sa new normal nagbago na naging WFH.

[kagalingan]

pero tsikoteers kahit pinupuri ko sm eh dahil yun ang reality matao talaga PERO yung sm supermarket, savemore , hypemarket eh dapat deadmahin kasi sobrang kapal ng mukha!!!! Spam meatloaf 223pesos!!!! Eh sa landers 191. A difference of 32 pesos napaka-kapal ng mukha talaga nag feeling convinience store 7-11 pricing!!!!

kung baga tangkilikin nyo mga tenant ng sm pero wag ang supermarket. Show the power na wag magpapagulang.

Kita nyo tsikoteers gaano ako kakwitis.

[uls]

pwede naman sila bumili ng luxury pabili service sa abroad. Yan ang trend ngayon sa facebook groups.

oo pero may mga tao gusto lumabas ng bahay, pumunta sa tindahan, amuyin ang tindahan, hawak-hawak himas-himas mga item, be treated special by store staff...

there are people who want the whole experience (kahit mas mahal bumili sa store)

you don't get that kung nagpabili ka lang

[_Cathy_]

what i would like to be informed about, are the sales figures.
baka naman kasi, lookers-and-not-buyers lang ang mga 'yan..

SSI? Buyers doc. I posted here a few months ago complaining about stores being out of stock. My Mom gave me money to buy myself a decent bag kasi kawawa naman ako with the 168/divisoria bag that I've been using all throughout the pandemic. I rarely buy here in PH but inquired because even abroad it's out of stock.

Note that SSI's mark up is criminal, minimum 50% compared to US and Europe. Guess what? Out of stock. Apparently even with that mark up a lot of Filipino takers pa rin. I would never buy at that mark up.

And now you're talking demographics?

Hindi talaga ikaw ang taget market nila kaya you don't see their potential.

He ignores facts and statistics if it doesn't agree with him. Mahilig sa CROWDED kaya definitely hindi siya ang target ng Ayala. Sinong magbabayad ng premium para makipagsiksikan. ice15 mentioned, when you buy, it's also the service and experience.

[_Cathy_]

pwede naman sila bumili ng luxury pabili service sa abroad. Yan ang trend ngayon sa facebook groups.

kung kaaya-aya sana going to makati eh pwede yan revenge shopping. But sa sm north, megamall, mall of asia lang tunay na mararamdaman yan.

Majority ng pinoy ayaw pumunta ng makati. Mismo taga makati nga ayaw ng lumabas ng bahay nila. Ganyan ang epekto pag ang namumuno jan mafia.

usually ang pumupunta ng makati eh necessity ng work pero dahil sa new normal nagbago na naging WFH.

Buying luxury from FB groups? That is such an oxymoron. Puro mga telephone operator, DH, walker at sales lady kasi ka hang out mo

Kaaya aya ang SM? In what planet?

says who? taga Makati ka ba? Mali din sinasabi mo ayaw pumunta ng tao sa Makati/BGC. How come when I meet up with friends from the North and South sa Makati/BGC ang meet up? Because it's where the new restaurants are.

[kagalingan]

cathey,

ang masasarap na pagkain nasa trueQC, manila area. Ikaw na nga nagpost bakit ang dami nasa qc pa kailangan puntahan at wala branch sa south.

ang meron sa makati eh ambience thats it. Majority TIIS-GANDA

cathey sino mga friend mo pumupunta ng makati??? Baka mga taga katipunan, farview, libis yan not trueQC.

Ask anyone here in tsikot na taga trueQC pero hindi nagwork sa makati pero jan nag mall sa ayala avenue. Walang gagawa nyan kasi pinahirapan sarili naging mandirigma.

Hindi mo ba nahahalata ang term na mandirigma nakaakibat going to makati???

nakita mo ba mga memes describing ayala malls. Its the reality of life.

[yapoy86]

matibay ang pinoy consumer

despite high fuel prices and increasing prices of necessities

kaya pa mag discretionary spending

Tibay nga.. kahit nag 90 petot na fuel.. kayang kaya pa eh.. nung 2008 fuel crisis na nag 60 petot gaso.. damang dama na di kaya ng pinoy yung price

[yapoy86]

cathey,

ang masasarap na pagkain nasa trueQC, manila area. Ikaw na nga nagpost bakit ang dami nasa qc pa kailangan puntahan at wala branch sa south.

ang meron sa makati eh ambience thats it. Majority TIIS-GANDA

cathey sino mga friend mo pumupunta ng makati??? Baka mga taga katipunan, farview, libis yan not trueQC.

Ask anyone here in tsikot na taga trueQC pero hindi nagwork sa makati pero jan nag mall sa ayala avenue. Walang gagawa nyan kasi pinahirapan sarili naging mandirigma.

Hindi mo ba nahahalata ang term na mandirigma nakaakibat going to makati???

nakita mo ba mga memes descrbing ayala malls. Its the reality of life.

Banana Q lang din madami dyan sa QC.. ang trapik pa..