Wednesday, May 25, 2011

The Shopping Habits of Pinoys

‘Why shopping?’ I hear you ask when the other countries all over the world are conversing and engaging in brands and retailing. The answer is based on a straightforward truth. Generally people especially Pinoys love to go shopping. They do not get into retailing nor business, they choose shopping.

There is not any doubt about this, Filipinos simply love to buy and shop each and every chance they have. The Philippines is actually called as the Mall Republic with the all-pervasive malls mushrooming in most cities, corner, and practically just about everywhere is just one of the proofs that certainly expenses are rising on this country.

Do Filipinos generally earn more to permit them this behavior? Certainly not because still, most of people is within the poverty line. Even so, those in the middle income level are more likely to go shopping for consumer and technological goods, in other words, largely consumer goods.

Hence, plastic cards prove useful and a good reason that many would like to have these tiny plastic to permit them the convenience as well as the credit of spending on their heart's content. Despite of the current world economic downturn, research by Syncopate in 2009 says Filipinos spending habit usually remained precisely the same, with spending on luxury items only decreased. What this means is, that even just in major world downturn in the economy, the spending habits of Filipinos hasn't been significantly affected.

Oh, and did I forget to say that Filipinos love to shop and discover great bargains and deals?

Well, that has been the initial purpose actually however it just evolved into what's now enormous city-like shopping malls (probably why the name SM City).

The Philippines has malls large and small. The largest of these is the Mall of Asia (MOA) comprising 42 hectares and regarded as the third biggest in Asia along with the 4th worldwide based on Forbes (Although the recent renovation and adding of additional commercial space of the SM City North EDSA might have changed this statistic). Average daily visitors at MOA reach 200,000.

Currently because Filipinos need to do everything in one place , so in entered the medical clinics, the dental care clinics, the church fellowships, the indoor racing tracks, the bars, the coffee houses, bookstores,  barber shops, beauty salons, fitness centers, utilities payment centers, repair shops, conference halls, displays and galleries, name it and I’m sure it’s all inside somewhere.

And all of the malls within the Philippines are normally jam-packed!

And you will find a new one being built constantly or even the old ones being renovated to include more floor footage. Although this spending habit is great news for businessmen, this can't be said of the country's future savings and investment decision outlook. It is ok to spend but we should also allot a part of our earnings in savings and investment.

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Monday, May 2, 2011

High- End Shopping in Mandaluyong

High-end equipments shopping  in the Philippines can be a problem especially if you don’t know where to go.The Ortigas Commercial Center in Mandaluyong city has several well-known malls, like the SM Megamall, Shangri-La Plaza, and Robinson's Galleria.

SM Megamall is situated along EDSA and it is considered to be the lengthiest mall in the nation next week. Within just its two long complexes, you will discover six floors of shops, an roller skating rink, an entertainment center, rides for your little children, and a dozen cinemas. On Around the fifth floor would be the Megatrade Hall which consists of switching displays and gatherings. It has been a venue for car exhibit, book fairs, computer fairs, playthings and gift fairs, as well as sports sales.

There are some galleries around the fourth floor featuring Philippine art. Additionally , there are stores promoting  Philippine-made furnishing like Memory Lane. You might want to check out Old Manila. Local products can also be purchased at The Tahanan Store and Regalong Pambahay that both sell stuff and assorted items for your  home.

Right beside SM Megamall, and gated off by EDSA and Shaw Boulevard will be the Shangri-La Plaza. This  local mall accommodates more toward the high-end market. Though this might be true, not everything is expensive. It features a good selection of shops and dining places. The atmosphere is extremely relaxed since it does not get overcrowded much like the other malls. For entertainment, there's the William J. Shaw Theater  with a 500 seating capacity where you could watch plays and musicals from the Repertory Philippines Company. There's two cinemas, a Ripley's Believe It or Not exhibit, in addition to  periodic art exhibits.

Shangri-La Plaza might not be big as Megamall, nonetheless it is still equipped with lots of fascinating  stores and kiosks. The shops selling domestic goods and furniture could have a number of native handicrafts, but probably only of one type including shell items, or woodworks. A very important thing to try and do to locate handicrafts is head out on the Rustan's shopping area, as well as in case you have to purchase a special gift for someone while you are in Manila, Rustan's comes with an outlet of New York's Metropolitan Museum of Art shop.

Robinson's Galleria alongside Ortigas Avenue and EDSA has expanded, and already provides a much wider collection of shops. There are many specialty stores whose attractions vary from software applications, to discount books, leather-based products, as well as whimsical household d├ęcor and fixtures.

The Robinson's department shop has almost everything handicrafts, to garments, cosmetic makeup products, houseware and grocery. Between grocery and the food court, are several stalls selling stuff like bargain clothing, silver necklaces, and wrist watches. Even  more stalls selling affordable outfits, tops, as well as other apparel occupy a wing around the third floor. So the next time you plan to buy hight-end product or equipment, you will know where to go.

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