Online Shopping with eLBC Direct Inc.
eLBC Direct: Bringing the Philippines at Par with International Standards of Online Retail
Who wouldn’t want to venture into a $211 billion industry with a market of over 61 million consumers worldwide?
No one.
Statistics reveal that everyone has joined in the online shopping bandwagon—and the Philippines is not exempt from this. The past years has seen an upsurge of Filipino online retailers that range from individual entrepreneurs to company subsidiaries. Yet, despite the increasing popularity of online shopping in the Philippines, Rene Fuentes observes that there is still much to be desired in the local e-commerce scene.
“A seamless multi-channel experience – this is what primarily characterizes renowned online retail networks such as Amazon and E-bay. Yet, in the Philippines, complaints of unsecured transactions, delayed deliveries and unreasonable rates still abound.”
With this in mind, Rene Fuentes has embarked upon the task of bringing the Philippines at par with international standards of online retailing through eLBC Direct Inc.
“We believe that seamless online retail can only be achieved by being consumer-centric. At eLBC, customers are not seen as transactions, but as human beings with needs to be served at the soonest time. We believe in keeping the best relations possible with our valued customers by coming up with services and programs attuned to their needs,” asserts Rene Fuentes.
What is eLBC Direct Inc.?
Filed under Press Release, Shopping | Comment (0)Express Regalo, Pinoy Online Shopping Mall
Online Purchasing Trend of Overseas Filipino Workers
Sooner or later, overseas Filipino will be using fewer balikbayan boxes to send gifts to their loved ones back home.
Online shopping has evolved from being a laid back leisure of few to a multibillion global industry. Just last year, the online retail business generated $211 billion dollars in revenue with millions of consumers worldwide. And according to market analysts, one of the primary purposes of people who shop on the Internet is for gift giving.
Rooted in a strong culture of sharing and value of generosity, it comes as no surprise that numerous overseas Filipino have turned to the Internet to send gifts to their family and friends back in the Philippines. Although the exact amount of overseas Filipinos’ spending is unavailable, online shopping is currently a popular gift-giving engine for Filipinos around the world as evident in the rise of several Internet retail sites catering to their needs.
Leading the pack is www.expressregalo.com (Express Regalo), owned and operated by LBC subsidiary, eLBC Direct Inc. Boasting of a variety of gift ideas to choose from, Express Regalo is an ideal way of conveying long-distance love among Filipinos.
“Sending gifts is a means for Filipinos abroad to bridge the distance that separates them from their loved ones. Moreover, Filipinos value traditions and occasions and are very expressive of their thoughts and feelings. These are the reasons why Filipinos can’t drop the practice of gift-giving wherever they are,” explains Rene Fuentes, President and Executive Director of eLBC Direct Inc.
Filed under Shopping | Comment (0)eLBC Direct Inc and Rene Fuentes
For Rene Fuentes, eLBC Direct Inc. is a dream as much as it is a mission.
“From its inception in the mid-nineties, I’ve been fascinated by the endless possibilities that the world of e-commerce, specifically its component online shopping, can bring. Now, a decade after, the whole world is finally seeing the fruition of these possibilities – one need only to browse through the efficient mechanism and extensive reach of online retail networks such as Amazon and E-Bay,” says Rene Fuentes.
Yet, Rene Fuentes observes that online shopping has yet to reach its peak in the Philippines.
“Yes, the number of Filipino online merchants has steadily been increasing. Yet left and right, we still hear complaints of unsecured transactions, delayed deliveries and unreasonable rates. If nothing is done to improve all these, then the local scene won’t be able to compete in the global online arena—and what’s worse is that it is the Filipinos worldwide who utilize online shopping to purchase and/or send gifts to their relatives who would be most disadvantaged,” asserts Rene Fuentes.
“Sending gifts is a means for Filipinos abroad to bridge the distance that separates them from their loved ones. Moreover, Filipinos value traditions and occasions and are very expressive of their thoughts and feelings.”
With this in mind, he has embarked upon the mission of bringing the Philippines at par with international standards of online retailing through eLBC Direct Inc. “A seamless multi-channel experience at par with renowned online retail networks such as Amazon and E-bay is what I envision eLBC Direct Inc to become.”
As the current President and Executive Director of eLBC Direct, Inc., Rene Fuentes is tasked with setting up the e-commerce arm of the LBC Group of Companies. In addition, he manages all aspects of the business including the creation of the eLBC’s premiere website, www.expressregalo.com
eLBC Direct Inc., is a leading web-based solutions provider for internet retail and business. For more information, please visit http://www.expressregalo.com
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