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Dali claims that the quality of their private label products "meets or exceeds the equivalent national brands sold in other national retail chains" while being significantly more affordable. [12] Around 60–70% of its products are sourced locally in the Philippines and the remainder are imported from Malaysia, China, South Korea, and Europe ...
Wagwagan in Baguio. An ukay-ukay (Tagalog pronunciation: [ˌʔuːkaɪ.ˈʔuːkaɪ] oo-ky-OO-ky), or wagwagan (Ilocano pronunciation: [wɐgˈwaːgɐn] wəg-WAH-gən) is a Philippine store where a mix of secondhand and surplus items such as clothes, bags, shoes and other accessories are sold at a more affordable price.
One Town, One Product (OTOP) is a promotional program of the government of the Philippines. The initiative follows a similar undertaking by the Republic of China , which launched a One Town One Product in 1989 to promote companies in Taiwan . [ 1 ]
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The Magna Kultura Foundation notes that the sari-sari store is part of Philippine culture, and it has become an integral part of every Filipino’s life. It is a constant feature of residential neighborhoods in the Philippines, both in rural and urban areas, proliferating even in the poorest communities.
Balikbayan boxes may contain items the sender thinks the recipient would like, regardless of whether those items can be bought cheaply in the Philippines, such as non-perishable food, toiletries, household items, electronics, toys, designer clothing, or items difficult to find in the Philippines. [15]
The first known promotional products in the United States were commemorative buttons dating back to the election of George Washington in 1789. During the early 19th century, there were some advertising calendars, rulers, and wooden specialties, but there was no organized industry for the creation and distribution of promotional items until later in the 19th century.
One 1992 study stated that 26% of American supermarket retailers pursued some form of EDLP, meaning that the other 74% promoted high-low pricing strategies. [2]A 1994 study of an 86-store supermarket grocery chain in the United States concluded that a 10% EDLP price decrease in a category increased sales volume by 3%, while a 10% high-low price increase led to a 3% sales decrease.