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Price Survey #17

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Nowadays, the impact of inflation has been felt everywhere, especially on the prices of basic and essential goods. Prices for this have been rising, concerning a growing number of individuals and driving them to become more budget-conscious consumers by looking for affordable alternatives.

With this in mind, EuroAsia Research Experts conducted a Price Survey to determine the cheapest supermarket retailer to help you in making simple yet smarter decisions with your purchases.

The Price Survey is hereby guided by the following principles:

  • The Price Survey shall be conducted every week
  • An average of three retailers shall be surveyed each round
  • An average of 30 -70 items available across all retailers being surveyed shall be canvassed
  • Participants are ranked based on the total price of all comparable items (SKUs available across all retailers)

Participating Retailers

ps-puregold-participating

Items Surveyed

The following 74 items were surveyed, 67 of which are available at all retailers:

  1. Pancit Canton Kalamansi 80g
  2. Pancit Canton Chilimansi 80g
  3. Pancit Canton Sweet and Spicy 80g
  4. Lucky Me Beef 55g
  5. Lucky Me Chicken 55g
  6. Milo 300g
  7. Bear Brand 33g*8
  8. Bear Brand 300g
  9. Nescafe 3in1 Original TwinPack 52g*10
  10. Mogu Lychee 320ml
  11. Pocari Sweat 500ml
  12. Pocari Sweat 900ml
  13. DM FourSeason1L Tetra
  14. C2 Lemon Green Tea 355ml
  15. Mang Tomas Lechon 550g
  16. Mang Tomas Lechon 325g
  17. Ufc Banana Catsup 530g
  18. Ufc Banana Catsup 320g
  19. Datu Puti Vingegar 385ml Bot
  20. Datu Puti Soy Sauce 385ml Bot
  21. Mama Sitas Oyster Sauce 156g
  22. Mama Sitas Oyster Sauce 405g
  23. Mama Sitas Oyster Sauce 765g
  24. Youngs Town Sardines 155g
  25. Century Tuna H&S 180g
  26. ArgentinaCorned Beef 175g
  27. Purefoods Corned Beef 150g
  28. Purefoods Corned Beef 210g
  29. Purefoods Corned Beef 380g
  30. Cream-o 33g*10
  31. Sky Flakes 25g*24
  32. Hansel Mocha *10
  33. Fita Singles 30g*10
  34. Nova Cheddar 40g
  35. Maxx Honey Lemon*50
  36. SC Alaska Evaporada 360ml-370ml
  37. Alaska Classic Sweetened Condensed Milk 300-375ml
  38. Nestle All Purpose Cream 250ml
  39. McCornick Iodized Salt Bag 500g
  40. McCornick Iodized Salt Bag 1kg
  41. Maggi Magic Sarap 8g*16
  42. Maggi Magic Sarap 55g
  43. Maggi Magic Sarap 150g
  44. Knorr Cube Chicken 120g
  45. Knorr Cube Pork120g
  46. Knorr Cube Beef 60g
  47. Knorr Sinigang Sampaloc Original 22g
  48. Knorr Sinigang Sampaloc Original 44g
  49. Knorr Crab & Corn 55-60g
  50. Knorr Liquid Seasoning Original 250ml Bot
  51. Lady’s Choice Mayonaise Doy 220ml
  52. Lady’s Choice Mayonaise Doy 470ml
  53. Lady’s Choice Super Chunky PB 340g
  54. Star Margarine 100g
  55. Star Margarine 200g
  56. Cheez Whiz Plain 210g
  57. Eden Cheese Sulit Pack 45g
  58. Sunsilk S&Mngble Pink 15ml*12
  59. Head & Shoulders CM 12ml* 12
  60. CreamSilk Cond StandoutStrght 11ml*12
  61. CreamSilk Cond StandoutStrght 180ml
  62. CreamSilk Cond StandoutStrght 350ml
  63. Safeguard BS WHT 125g
  64. Safeguard BS WHT 175G
  65. ModessWW SulitPK*32
  66. Zonrox CLRSFE 900ml
  67. Zonrox Orig 1L
  68. Coke Zero 1.5L
  69. DM Tomato Sauce 200g
  70. Smirnoff Mule 330ml
  71. San Miguel Light Can 330ml
  72. Tang pineapple 19g*6
  73. Cream Cornstarch 200g
  74. Cream Cornstarch 400g

Result of the Survey

 In terms of Pricing

Budget-conscious consumers looking for affordable alternatives are highly influenced by price when it comes to their buying decisions. They often compare the prices of products and choose which option provides the greatest value for their money.

With this, EuroAsia Research Experts gives you this week’s most affordable supermarket retailer.

ps-puregold-in-pricing

Puregold, best known for its tagline “Sa PUREGOLD, Always Panalo!” won over the two other retailers in terms of pricing with 67 out of 74 SKUs surveyed. Retailer 2 is 1.44% more expensive, followed by Retailer 3  which is 2.82% more expensive than Puregold.

In terms of Product Availability

Puregold, with 98.65% of the 74 SKUs surveyed compared to the other two retailers, was not just hailed as this week’s most affordable supermarket retailer but also excelled in terms of product availability! Followed closely by Ever Supermarket with 97.30% and SM Hypermarket for only having 94.59% of the 74 SKU’s surveyed.

ps-puregold-in-prod-availability

EuroAsia Research Expert is a valuable resource that offers a price survey, providing consumers with the latest insights from supermarkets and retailers. This information is designed to assist individuals in making well-informed purchasing decisions.

Whether you are looking to compare prices between different supermarkets or simply want to stay updated on the latest pricing information, EuroAsia Research Expert is here to help. So, the next time you are in need of guidance for your shopping needs, turn to EuroAsia Research Expert for the most up-to-date insights which will make you purchase with confidence.

Price Survey #16

Posted on by admin

Prices of basic and essential goods have been rising. This major impact of inflation that our global economy has been facing undoubtedly concerns individuals, driving them to become more budget-conscious consumers.

With this in mind, EuroAsia Research Experts conducted a Price Survey to determine the cheapest supermarket retailer to help you in making simple yet smarter decisions with your purchases.

The Price Survey is hereby guided by the following principles:

  • The Price Survey shall be conducted every week
  • An average of three retailers shall be surveyed each round
  • An average of 30 -70 items available across all retailers being surveyed shall be canvassed
  • Participants are ranked based on the total price of all comparable items (SKUs available across all retailers)

Participating Retailers

supermart-price-survey-participating

Items Surveyed

The following 74 items were surveyed, 66 of which are available at all retailers:

  1.  Pancit Canton Kalamansi 80g
  2. Pancit Canton Chilimansi 80g
  3. Pancit Canton Sweet and Spicy 80g
  4. Lucky Me Beef 55g
  5. Lucky Me Chicken 55g
  6. Milo 300g
  7. Mogu Strawberry 320ml
  8. C2 Green Tea Lemon 500ml
  9. Pocari Sweat 500ml
  10. Pocari Sweat 900ml
  11. Absolute Distilled Water 500ml
  12. DM FourSeason1L Tetra
  13. DM PA Juice w/Ace 220ml
  14. Mang Tomas Lechon 325g
  15. Mang Tomas Lechon 550g
  16. Ufc Banana Catsup 320g
  17. Ufc Banana Catsup 550g
  18. Datu Puti Vingegar 385ml PET
  19. Datu Puti Soy Sauce 385ml PET
  20. Mama Sitas Oyster Sauce 156g
  21. Mama Sitas Oyster Sauce 405g
  22. Mama Sitas Oyster Sauce 765g
  23. Ligo Sard Tom 155g
  24. Mega Sard Tom 425g
  25. Mega Sard Tom Chili 425g
  26. Century Tuna H&S 180g
  27. Argentina Corned Beef 175g
  28. Purefoods Corned Beef 150g
  29. Purefoods Corned Beef 380g
  30. Maling B2 Chicken Lencheon Meat 397G
  31. Sky Flakes 25g*10
  32. Sky Flakes 25g*24
  33. Fita Singles 30g*10
  34. Nova Cheddar 40g
  35. Piattos Cheese 85g
  36. Piattos Sour Cream 85g
  37. Chippy BBQ 27g
  38. Maxx Honey Lemon*50
  39. Alaska Sweet Conden Filled Milk 300ml
  40. Nestle All Purpose Cream 250ml
  41. Maggi Magic Sarap 8g*16
  42. Maggi Magic Sarap 55g
  43. Maggi Magic Sarap 150g
  44. Knorr Cube Chicken 120g
  45. Knorr Cube Pork120g
  46. Knorr Cube Beef 60g
  47. Knorr Sinigang Sampaloc Original 22g
  48. Knorr Sinigang Sampaloc Original 44g
  49. Knorr Crab & Corn 55-60g
  50. Knorr Liquid Seasoning Original 250ml Bot
  51. Lady’s Choice Mayonaise Doy 220ml
  52. Lady’s Choice Mayonaise Doy 470ml
  53. Mc Iodized Salt 150g
  54. Mc Iodized Salt 500g
  55. Mc Iodized Salt 1kg
  56. Star Margarine 100g
  57. Star Margarine 200g
  58. Dove Crm BS Pink 135g
  59. Safeguard BS WHT 175G
  60. Creamsilk Pink STRT 180ml
  61. Creamsilk Pink STRT 350ml
  62. Creamsilk 12ml*12
  63. Sunsilk Pink 13-15ml*12
  64. ModessWW SulitPK*32
  65. Zonrox CLRSFE 900ml
  66. Zonrox Orig 1L
  67. Coke Zero 1.5L
  68. DM Pine Tidbits 200g
  69. DM Tomato Sauce 200g
  70. Cowhead Pure Milk 1L
  71. Smirnoff Mule 330ml
  72. San Miguel Light Can 330ml
  73. Maya All Purpose Flour 800g
  74. Maya Hotcake Mix 500g

Result of the Survey

In terms of Pricing

Price plays an important role in consumer buying decisions. Consumers are heavily influenced by it, as they often compare the cost of different items to determine which one provides the most advantageous value.

With this in mind, EuroAsia Research Experts have identified this week’s supermarket retailer that offers the most affordable price.

supermart-price-survey-in-pricing

For the third time, Pioneer Center Supermart, one of the top-rated places listed as a grocery store in Pasig, excelled in terms of pricing over the two other retailers with 66 comparable items out of the 74 SKUs surveyed. Retailer 2 is 7.32% more expensive, followed by Retailer 3, which is 13.58% more expensive.

In terms of Product Availability

In terms of product availability, SM Supermarket won for having 100% of the 74 SKUs surveyed available. Followed by AllDay Supermarket with 95.95%, while Pioneer Center Supermart, despite being the most affordable retailer for this week, lost in terms of product availability with only 93.24%.

supermart-price-survey-in-prod-availability

EuroAsia Research Expert is a valuable resource that offers a price survey, providing consumers with the latest insights from supermarkets and retailers. This information is designed to assist individuals in making well-informed purchasing decisions.

Whether you are looking to compare prices between different supermarkets or simply want to stay updated on the latest pricing information, EuroAsia Research Expert is here to help. So, the next time you are in need of guidance for your shopping needs, turn to EuroAsia Research Expert for the most up-to-date insights which will make you purchase with confidence.

PHL Rises in ‘Best Countries’ List

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The Philippines climbed three spots to 43rd out of 87 countries with an overall score of 26.4 (out of possible 100) in the latest annual rankings of Best Countries by US News and World Report. The report ranks the countries based on how the world perceives them in terms of qualitative characteristics — impressions that have the potential to drive trade, travel, and investment, and directly affect national economies. Despite the improvement in its placement in the rankings this year, the Philippines placed the fourth lowest in the region.

ph-historical
ph-profile
ph-overall-scores
top-best-countries-img
want-to-know-more-img

Original Article: https://www.bworldonline.com/infographics/2023/09/26/547760/phl-rises-in-best-countries-list/

Price Survey #15

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During times of inflation, the prices of basic and essential goods experience a significant surge. The substantial impact of this situation is expected to drive consumers towards more affordable alternatives. With this, EuroAsia Research Experts conducted a Price Survey to identify the cheapest supermarket retailer to help you make simple yet smarter decisions with your purchases.

The Price Survey is hereby guided by the following principles:

  • The Price Survey shall be conducted on a bi-monthly basis
  • An average of three retailers shall be surveyed each round
  • An average of 30 -70 items available across all retailers being surveyed shall be canvassed
  • Participants are ranked based on the total price of all comparable items (SKUs available across all retailers)

Participating Retailers

pg-participating-retailers

Items Surveyed

The following 62 items were surveyed, all of which are readily available at the four retail stores mentioned.

  1. Pancit Canton Kalamansi 80g
  2. Pancit Canton Chilimansi 80g
  3.   Pancit Canton Sweet and Spicy 80g
  4. Lucky Me Beef 55g
  5. Lucky Me Chicken 55g
  6. Nescafe Original TP 52g*10
  7. Nescafe Original 26g*10
  8. Milo 300g
  9. Absolute Water 500ml
  10. Mogu Lychee 320ml
  11. Yakult 80ml*5
  12. Pocari Sweat 500ml
  13. DM FourSeason1L Tetra
  14. DM Pj with Ace 220ml
  15. Ufc Banana CTSUP 320g
  16. Mega Sardines Ts 155g
  17.  Youngs Town TS 425g
  18. Argentina CB 175g
  19. Purefoods Corned Beef 150g
  20. Purefoods Corned Beef 380g
  21. Maling B2 Chicken Lencheon Meat 397G
  22. Spam LM Regular 340g
  23. Sky Flakes 25g*10
  24. Sky Flakes 25g*24
  25. Hansel Mocha *10
  26. Fita Single 30g*10
  27. Piattos Cheese 85g
  28. Maxx Honey Lemon*50
  29. Alaska Classic Sweetened Condensed Milk 300-375ml
  30. Nestle All Purpose Cream 250ml
  31. Maggi Magic Sarap 55g
  32. Maggi Magic Sarap 150g
  33. Knorr Cube Beef 60g
  34. Knorr Cube Chicken 120g
  35. Knorr Cube Pork 120g
  36. Knorr Sinigang Sampaloc Original 22g
  37. Knorr Sinigang Sampaloc Original 44g
  38. Knorr Crab and Corn 55-60g
  39. Lady’s Choice Mayonaise Doy 220ml
  40. Lady’s Choice Super Chunky PB 340g
  41. Star Margarine 100g
  42. Star Margarine 250g
  43. Cheezwhiz PLN 210g Bot
  44. EdenFilledCheese 160g
  45. Sunsilk Pink 15ml*12
  46. H&S Cool Menthol 12ml *12
  47. Dove Crm BS white 135g
  48. Dove Crm BS Pink 135g
  49. Safeguard BS WHT 175G
  50. ModessWW SulitPK*32
  51. Zonrox CLRSFE 900ml
  52. Coca-cola Regular 1.5L
  53. DM Pine Tidbits 200g
  54. Cowhead Pure Milk 1L
  55. Bear Brand Sterilized 200ml
  56. San Miguel Light Can 330ml
  57. Smirnoff Mule 330ml
  58. Tang pineapple 19g*6
  59. Maya Ori Htcake 200g
  60. Maya Ori Htcake 500g
  61. Maya All Purpose Flour 150g
  62. Maya All Purpose Flour 800g

Result of the Survey

In terms of Pricing

Nowadays, consumers are facing the challenge of rising prices for basic and essential goods. As a result, they have become increasingly vigilant in comparing prices of similar products and carefully evaluating which option provides the best value for their hard-earned money. Considering this, EuroAsia Research Experts has compiled a list of the most budget-friendly supermarket retailers for this week.

pg-in-pricing

In terms of pricing, Puregold, with its famous tagline,”Sa PUREGOLD, Always Panalo!” excelled in terms of pricing among the four retailers with 62 SKUs surveyed. Retailer 2 is 2.40% more expensive, followed by Retailer 3 and Retailer 4 at 2.78% and 4.73% respectively.

In terms of Product Availability

This round of price survey is unique as for the first time, all participating retailers scored 100% in terms of availability. According to our recent survey of 62 SKUs, these stores have achieved a remarkable 100% product availability. This means that customers can find all the items they need without any hassle or disappointment. These retailers have clearly demonstrated their commitment to ensuring that their shelves are fully stocked with a wide range of products, catering to the diverse needs of their customers. With such high availability, consumers can rely on these stores to consistently provide a seamless buying experience.

pg-in-product-availability

EuroAsia Research Expert is a valuable resource that offers a price survey, providing consumers with the latest insights from supermarkets and retailers. This information is designed to assist individuals in making well-informed purchasing decisions.

Whether you are looking to compare prices between different supermarkets or simply want to stay updated on the latest pricing information, EuroAsia Research Expert is here to help. So, the next time you are in need of guidance for your shopping needs, turn to EuroAsia Research Expert for the most up-to-date insights which will make you purchase with confidence.

10 Fastest Growing Retailers in Asia Pacific, 2023 Edition

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The impact of the pandemic on retail sales across markets in Asia Pacific varied greatly in 2022. The impact was largely dependent on each country’s COVID-19 situation, containment measures adopted, and the approach taken towards an endemic future.

Retail offline sales slumped in China by 4%, in absolute dollar terms, as lockdown policies contributed to a decline in in-store foot traffic. Conversely, markets such as India (+14%), Indonesia (+10%) and South Korea (+4%) experienced healthy growth and revenge spending due to the resumption of pre-pandemic lifestyles and social activities. Retail channels such as apparel and footwear specialists, beauty specialists and vending benefited from the recovery of international travel and geographic mobility of consumers.

Retail e-commerce largely continued its strong growth in Asia Pacific in the wake of the pandemic, driven by merchant digitalisation and consumer habit persistence

The wide disparity in e-commerce development across Asia Pacific has resulted in differing strategic priorities and initiatives by brands and retailers.

Across developing Asia, e-commerce marketplaces offer a convenient and accessible option for retailers in their digitalisation journey. Platforms such as Daraz, Lazada and Tokopedia are popular among consumers in South and Southeast Asia due to their ease of use, wide product range and regular price promotions.

In developed markets, the focus has shifted towards innovation in meeting increased consumer expectations in e-commerce, such as product assortment and fulfilment flexibility. In South Korea, Shinsegae’s SSG.COM is implementing a “premium strategy” by introducing official stores of luxury brands on its platform, such as Gucci, Ferragamo, Burberry and Montblanc. Its competitor, Naver, is redefining consumers’ delivery expectations by launching its “Naver Guaranteed Delivery Programme” with CJ Logistics to provide overnight delivery to over 90% of South Korea’s regions.

euromonitor-international

Livestreaming and social e-commerce continue to thrive due to greater social media usage and high mobile penetration

Increased social media usage since the pandemic and high mobile penetration rates have provided a conducive environment for social commerce to flourish. In China, social media platform Douyin, owned by ByteDance (which also operates TikTok and popularised short-form video globally) allows merchants to match the interests and video preferences of the platform’s more than 600 million daily users with their product offerings for a tailored shopping experience.

Livestreaming, private traffic, key opinion leaders (KOLs) and consumers (KOCs) have also been critical in China in allowing retailers to reach and sell to consumers online. Similarly in India, leading e-commerce players such as Amazon and Flipkart have also launched livestreaming platforms, allowing brands to showcase products and build closer relationships with users.

livestreaming

Focus shifts towards experiential retail concepts that are augmented by technology

Consumers have returned to stores post-pandemic to find revamped outlet concepts that showcase the relevance of the physical store.

Experiential retail is taking centre stage as brands highlight their stores as more than a place to transact, but also a place where consumers can indulge in unique and memorable shopping experiences

Technology is also being used for a more customer-centric purchase experience in-store. Watsons’ “The Grand Store” in The Philippines utilises artificial intelligence (AI) and augmented reality (AR) as in-store tools to help consumers analyse their skin conditions or virtually try on cosmetics, helping consumers to find the most suitable products and be more confident in their purchase decisions.

Renewed focus post-pandemic on the environment and personal wellbeing in retail

COVID-19 has slowed down the pace of life and shone a spotlight on personal health and wellness, driving sustained sales through pharmacies and health and personal care stores. Preference for sustainable products has also grown, with retailers similarly placing greater emphasis on addressing environmental concerns through consumer education and in their retail operations. For example, AEON Group in Japan opened a store which runs on 100% renewable energy, with the aim for this concept to expand, and an end goal of achieving zero aggregate CO2 emissions from its stores by 2040.

Retailers must adapt and innovate to meet the new expectations of consumers

The post-pandemic Asia Pacific retail landscape remains competitive. There has never been a greater array of choices across physical and digital channels, and technology and online tools will continue to transform the way retailers engage and sell to consumers. Retailers across the region are certainly facing new and unprecedented challenges, but those that are able to turn these challenges into opportunities are well-placed to remain the preferred shopping destinations of consumers.

Rankings Spotlight – Top 10 Fastest Growing Retailers in Asia Pacific 2022

rankings-spotlight

Sea Ltd stands out through hyper-localisation, competitive prices, and the extensive product range of its Shopee Marketplace

Sea Ltd ranked second in our list of fastest growing retailers in Asia Pacific, with sales growth of 43% y-o-y in 2022. According to Euromonitor International’s Retail research, Sea Ltd achieved USD43 billion in retail value sales in Asia Pacific in 2022.

Shopee is Sea Ltd’s flagship mobile-first e-commerce marketplace, which operates across seven Asia Pacific countries. It offers products in major categories from both third party merchants and official brand-owned e-stores, such as Shopee Mall.

Shopee is best known for its monthly sales and super brand days (exclusive partner-brand 24-hour sale events where the brand’s products highlight discounts, promotions and occasionally exclusive launches). It differentiates itself via its hyper-localised sites and marketing campaigns, competitive pricing and extensive product range. The Shopee app also includes livestreaming capabilities and interactive games (such as Shopee Farm) to drive consumer engagement.

Shopee is an attractive destination for third party merchants seeking to reach millions of e-commerce consumers across Southeast Asia and Taiwan, due to its high brand awareness and strong merchant support in driving sales via marketing and consumer engagement tools. Shopee has also expanded into adjacent services, such as food delivery and payments, to encourage continuous consumer reliance and spending on its platform.

Nitori sails through the post-pandemic era with aggressive regional expansion

Nitori is a leading home products specialist hailing from Japan. The retailer internally manages its vertical supply chain, which allows it to control an entire process from planning, manufacturing, distribution and retail, ensuring product quality and minimising external costs incurred.

The retailer has constantly expanded its footprint outside of Japan to markets such as Mainland China and Taiwan. In 2022, it opened its first outlets in Southeast Asia, in Malaysia and Singapore. Southeast Asia is home to the steady demand for homewares and home furnishings due to healthy economic growth and increase in number of households. Nitori has adroitly identified this opportunity in a rather fragmented industry.

Nitori plans to accelerate further penetration in overseas markets with 77 new outlets in the pipeline to open in the new fiscal, including entering other Southeast Asian countries, such as Thailand and Vietnam, where the retailer has operated production facilities for nearly two decades.

Original Article: https://www.euromonitor.com/article/10-fastest-growing-retailers-in-asia-pacific-2023-edition

Price Survey #14

Posted on by admin

The global economy has recently been challenged with the issue of inflation. Individuals are becoming increasingly concerned about its major impact on the rising prices of basic and essential goods.

With this in mind, EuroAsia Research Experts carried out a Price Survey to determine the cheapest supermarket retailer to help you in making simple yet smarter decisions with your purchases.

The Price Survey is hereby guided by the following principles:

  • The Price Survey shall be conducted on a bi-monthly basis
  • An average of three retailers shall be surveyed each round
  • An average of 30 -70 items available across all retailers being surveyed shall be canvassed
  • Participants are ranked based on the total price of all comparable items (SKUs available across all retailers)

Participating Retailers

unimart-participating-retailers

Items Surveyed

The following 65 items were surveyed, 58 of which are available at all retailers:

  1. Pancit Canton Kalamansi 80g
  2. Pancit Canton Chilimansi 80g
  3. Pancit Canton Sweet and Spicy 80g
  4. Lucky Me Beef 55g
  5. Lucky Me Chicken 55g
  6. Nescafe Original TP 52g*10
  7. Bear Brand Powder33g*8
  8. Milo 300g
  9. Absolute Water 500ml
  10. Mogu Lychee 320ml
  11. Yakult 80ml*5
  12. Pocari Sweat 500ml
  13. Pocari Sweat 900ml
  14. DM FourSeason1L Tetra
  15. Datu Puti Soy Sauce 385ml Bot
  16. Mang Tomas 325g
  17. Mang Tomas 550g
  18. Ligo Sardines TSC 155G
  19. 555 Sardines TS 425G
  20. Mega Sardines Ts Chili 425g
  21. Century Tuna H&S 180g
  22. Purefoods Corned Beef 150g
  23. Purefoods Corned Beef 210g
  24. Purefoods Corned Beef 380g
  25. Maling B2 Chicken Lencheon Meat 397G
  26. Libbys Vienna Sausage 4.60Z
  27. Spam LM Regular 340g
  28. Sky Flakes 25g*10
  29. Sky Flakes 25g*24
  30. Hansel Mocha *10
  31. Nova Cheddar 40g
  32. Piattos Cheese 85g
  33. Piattos SC 85g
  34. Maxx Honey Lemon*50
  35. SC Alaska Evaporada 360ml-370ml
  36. Alaska Classic Sweetened Condensed Milk 300-375ml
  37. Nestle All Purpose Cream 250ml
  38. Maggi Magic Sarap 8g*16
  39. Maggi Magic Sarap 55g
  40. Maggi Magic Sarap 150g
  41. Knorr Cube Chicken 120g
  42. Knorr Cube Pork 120g
  43. Knor Cube Beef 60g
  44. Knorr Sinigang Sampaloc Original 22g
  45. Knorr Sinigang Sampaloc Original 44g
  46. Knorr Liquid Seasoning Original 250ml Bot
  47. Mama Sitas Oyster Sauce 765g/ 27oz
  48. Lady’s Choice Mayonaise Doy 220ml
  49. Lady’s Choice Mayonaise Doy 470ml
  50. Lady’s Choice Super Chunky PB 340g
  51. Creamsilk Standout Pink 12ml*12
  52. Sunsilk Pink 15ml*12
  53. Dove Crm BS white 135g
  54. Dove Crm BS Pink 135g
  55. Safeguard BS WHT 175G
  56. ModessWW SulitPK*32
  57. Zonrox CLRSFE 900ml
  58. Coca-cola Regular 1.5L
  59. DM Pine Tidbits 200g
  60. Cowhead Pure Milk 1L
  61. San Miguel Light Can 330ml
  62. Tang pineapple 19g*6
  63. Maya All purpose flour 400g
  64. Maya All purpose flour 2kl
  65. Mag Buttercup Margrn 200g

Result of the Survey

In terms of Pricing

Price, without a doubt, serves as a fundamental basis for comparison among consumers. Thus, when making purchasing decisions, consumers frequently compare the prices of products to determine which option provides the greatest value for their money.

With this, EuroAsia Research Experts gives you this week’s most affordable supermarket retailers.

unimart-in-pricing

Unimart, founded by Filipino-Chinese businessman Joseph Henry Ng and one of the first supermarkets in the Philippines to offer a wide variety of imported and local products, outperformed the three retailers in terms of pricing with 58 out of  65 SKUs surveyed. Retailer 2 is 2.03% more expensive, followed by Retailer 3 and Retailer 4 at 2.24% and 10.46%, respectively.

In terms of Product Availability

In terms of product availability, both Unimart and The Marketplace won for having 100% of the 65 SKUs surveyed available. Followed by Puregold and Super8, which have 95.38% and 89.23% product availability, respectively.

unimart-in-product-availability

EuroAsia Research Expert is a valuable resource that offers a price survey, providing consumers with the latest insights from supermarkets and retailers. This information is designed to assist individuals in making well-informed purchasing decisions.

Whether you are looking to compare prices between different supermarkets or simply want to stay updated on the latest pricing information, EuroAsia Research Expert is here to help. So, the next time you are in need of guidance for your shopping needs, turn to EuroAsia Research Expert for the most up-to-date insights which will make you purchase with confidence.

Price Survey #13

Posted on by admin

In recent times, the global economy has been confronted with the challenging issue of inflation. Its significant impact of surging prices on basic and essential goods has been a growing concern for individuals.

Are you one of those individuals ?

With this, EuroAsia Research Experts conducted a Price Survey to identify the cheapest supermarket retailer to help you make simple yet smarter decisions with your purchases.

The Price Survey is hereby guided by the following principles:

  • The Price Survey shall be conducted on a bi-monthly basis
  • An average of three retailers shall be surveyed each round
  • An average of 30 -70 items available across all retailers being surveyed shall be canvassed
  • Participants are ranked based on the total price of all comparable items (SKUs available across all retailers)

Participating Retailers

puregold-participating-retailers

Items Surveyed

79 items were surveyed, 54 of which are available across all retailers, which are as follows:

  1. Pancit Canton Kalamansi 80g
  2. Pancit Canton Chilimansi 80g
  3. Pancit Canton Sweet and Spicy 80g
  4. Lucky Me Beef 55g
  5. Lucky Me Chicken 55g
  6. Nescafe Original TP 52g*10
  7. Nescafe Original 25g*10
  8. Bear Brand Powder33g*8
  9. Milo 300g
  10. UFC Banana Ketchup 320g
  11. Absolute Water 350ml
  12. Mogu Lychee 320ml
  13. Yakult 80ml*5
  14. Pocari Sweat 900ml
  15. Pocari Sweat 500ml
  16. DM FourSeason1L Tetra
  17. DM Pj with Ace 220ml
  18. Datu Puti Soy Sauce 385ml Bot
  19. Datu Puti Soy Sauce 200ml
  20. Datu Puti Patis 350ml Gin Bot
  21. Lorins Patis 350ml Bot
  22. Mega Sardines in tomato 155g
  23. Mega Sardines in tomato sauce Chili Red 155G
  24. Ligo Sardines TSC 155G
  25. 555 Sardines TS 425G
  26. Argentina CB 175g
  27. San Marino ChiliCrnd Yellow 150g
  28. San Marino Crnd Tuna Red 150g
  29. Purefoods Corned Beef 150g
  30. Purefoods Corned Beef 210g
  31. Purefoods Corned Beef 380g
  32. Maling B2 Chicken Lencheon Meat 397G
  33. Libbys Vienna Sausage 4.60Z
  34. Cream-O Vanilla 30g*10s
  35. Sky Flakes 25g*10
  36. Sky Flakes 25g*24
  37. Piattos Cheese 85g
  38. Chippy Chl&Chs 110G
  39. Maxx Honey Lemon*50
  40. SC Alaska Evaporada 360ml
  41. Alaska Classic Sweetened Condensed Milk 300-375ml
  42. Alpine Evaporada 360ml
  43. Nestle All Purpose Cream 250ml
  44. Maggi Magic Sarap 55g
  45. Knorr Cube Chicken 120g
  46. Knorr Cube Pork 120g
  47. Knorr Cube Beef 60g
  48. Knorr Sinigang Sampaloc Original 22g
  49. Knorr Sinigang Sampaloc Original 44g
  50. Knorr Crab and Corn 55G
  51. Knorr Liquid Seasoning Original 250ml Bot
  52. Mama Sitas Oyster Sauce 765g/ 27oz
  53. Mama Sitas Oyster Sauce 405g
  54. Lady’s Choice Mayonaise Doy 220ml
  55. Lady’s Choice Mayonaise Doy 470ml
  56. Lady’s Choice Super Chunky PB 340g
  57. CheezeWhiz Original 210g Bot
  58. Mag Quickmelt 900g
  59. Eden Singles 5s 104g
  60. Eden Cheese 430g
  61. Creamsilk Standout Pink 12ml*12
  62. Sunsilk Pink 15ml*12
  63. H&S Shampoo Cool Menthol 12ml*12
  64. Dove Crm BS Pink 135g
  65. Dove Beauty BS 135g
  66. Safeguard BS WHT 125g
  67. Safeguard BS WHT 85G
  68. ModessWW SulitPK*32
  69. Zonrox CLRSFE 900ml
  70. Zonrox ORG 1L
  71. Zonrox ORG 3785ml
  72. Coca-cola Regular 1.5L
  73. Smirnoff Mule 330ml
  74. Cowhead Pure Milk 1L
  75. San Miguel Light Can 330ml
  76. Tang pineapple 19g
  77. Maya Orightcake 500g
  78. Maya All purpose flour 800g
  79. Mag Buttercup Margrn 200g

Result of the Survey

In terms of Pricing

When making purchasing decisions, consumers often compare the prices of similar products to evaluate which option offers the best value for their money. It is certain that price serves as a fundamental basis for comparison among consumers. In line with this, EuroAsia Research Experts gives you this week’s most affordable supermarket retailers.

puregold-in-pricing

Puregold, known as a Supermarket for the masses and resellers alike, with its famous tagline ”Sa PUREGOLD, Always Panalo!” excelled in terms of pricing among the four retailers with 54 out of 88 SKUs surveyed. Retailer 2 is 1.78% more expensive, followed by Retailer 3 and Retailer 4 at 2.90% and 6.05% respectively.

In terms of Product Availability

In terms of product availability, Shopwise, although the most expensive among the four retailers, won for having 100% of the 79 SKUs surveyed available. Followed closely by Puregold and SM Supermarket, which have 98.86% and 93.67% product availability, respectively. Meanwhile, Robinsons Supermarket, with only 70.89% of the products surveyed, served as the supermarket retailer with the lowest rate of availability.

puregold-in-product-availability

EuroAsia Research Expert is a valuable resource that offers a price survey, providing consumers with the latest insights from supermarkets and retailers. This information is designed to assist individuals in making well-informed purchasing decisions.

Whether you are looking to compare prices between different supermarkets or simply want to stay updated on the latest pricing information, EuroAsia Research Expert is here to help. So, the next time you are in need of guidance for your shopping needs, turn to EuroAsia Research Expert for the most up-to-date insights which will make you purchase with confidence.

TikTok Shop Could Treble S-E Asia Market Share in 2023: Report

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This will make it the fourth-largest e-commerce player in the region by gross merchandise value (GMV), behind Tokopedia with 13.9 per cent, Lazada at 17.7 per cent, and Shopee, which is set to top the market with a 46.5 per cent share of GMV.

The consultancy said this market share estimation is based on two factors – that TikTok reaches its GMV target of US$15 billion in South-east Asia in 2023, and that the other e-commerce players continue to see growth rates similar to 2021 and 2022.

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In a report on Monday (Aug 21), Momentum Works noted that TikTok Shop has shown “impressive” growth in South-east Asia, and the region also makes up most of its global GMV. TikTok Shop’s business grew from US$0.6 billion in GMV in 2021 to US$4.4 billion in 2022, and is set to reach a US$15 billion target in 2023.

“This will put TikTok Shop in the same league as established players Lazada and Tokopedia,” Momentum Works said.

The consultancy derived its data from interviews with platforms, logistics and payment players in each country in the region, as well as consumers and other ecosystem stakeholders. These were then cross-checked with numbers disclosed by platforms and calibrated to obtain the final numbers.

The report’s coverage of e-commerce included key marketplaces such as Shopee, Lazada and TikTok Shop, and excluded brands’ own platforms in the online retail market.

TikTok Shop has operations in all major South-east Asian markets – Singapore, Indonesia, the Philippines, Vietnam, Malaysia and Thailand – as well as in the UK, US and Saudi Arabia.

Momentum Works highlighted four characteristics of TikTok Shop that distinguish it from other e-commerce players.

First, unlike standalone e-commerce apps, TikTok Shop is an in-app feature of a social media platform. This means that it enjoys natural traffic via TikTok, which exceeded one billion monthly active users globally in 2022. This helps TikTok Shop save on costs to acquire and retain users.

Second, TikTok’s e-commerce sales are also mainly driven by recommending content to its users, in contrast to conventional marketplaces where users search for products.

Third, the platform is content-driven, with creators and multi-channel networks playing vital roles in the ecosystem.

Fourth, TikTok Shop does not have payment and fulfilment infrastructure, although it is working in that direction. Reuters reported earlier this month that TikTok is in the process of obtaining a payment licence in Indonesia.

In China’s e-commerce market, TikTok’s sister company Douyin and Chinese agriculture-focused online retailer Pinduoduo are already making waves. Within six years of their moving into the market, Alibaba’s market share had shrunk from more than 80 per cent to less than 50 per cent, according to Momentum Works.

While TikTok Shop is fast emerging as a serious contender against incumbent e-commerce majors such as Shopee and Lazada in South-east Asia, Momentum Works also sees TikTok competing with Amazon in the US and Middle East.

“Ultimately, change is the only constant. Whether TikTok Shop is a threat to incumbent platforms might not be a standalone question at all,” said Weihan Chen, Momentum Works’ insights lead.

“The bigger narrative is that in e-commerce, where leading players seem to have a network effect and structural advantage, disruption can still happen, and the incumbents should always remain focused and vigilant.”

Original Article: https://www.businesstimes.com.sg/startups-tech/startups/tiktok-shop-could-treble-s-e-asia-market-share-2023-report

Retail Updates H1 2023

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7 out of 10 Filipinos worry over rising grocery prices — Kantar

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ALMOST SEVEN out of 10 Filipinos are more worried about rising grocery prices than the possibility of another pandemic, a report by marketing data and analytics company Kantar showed.

“When we asked our respondents what concerns them most, top of the list and on top of their minds would be rising grocery prices… They’re even more scared of the rising grocery prices over another pandemic crisis from happening again,” Laurice Padlan-Obana, Kantar Philippines Worldpanel Division Consumer and Shopper Insight director, said during a virtual briefing on Wednesday.

Kantar’s Shopperscope 2023 report showed that 67% or seven out of 10 Filipinos are more concerned with rising grocery prices, while 50% were worried about another pandemic and 44% were concerned over higher fuel costs.

The survey used for the Kantar report was conducted from February to April and covered 2,000 households across the Philippines.   

Inflation peaked at 8.7% in January, as prices of food and fuel continued to surge. Since then, the consumer price index slowed to 8.6% in February, 7.6% in March and 6.6% in April.

Kantar said Filipino consumers were also concerned over the impact of climate change (39%), possible fuel shortages (34%), physical and mental health of self and others (30%), future financial security (30%), political conflict with other countries (28%), economic outlook of the country (24%), and food shortage (23%). 

However, most Filipinos remained hopeful in the next 12 months, with only 8% of respondents expect their situation to worsen.   

Ms. Padlan-Obana said more Filipinos are putting more emphasis on price and affordability when choosing where to purchase grocery items.

Consumers are also looking for stores with longer hours and quick checkouts as they return to their regular routines, she added.

The Kantar report classified Filipino shoppers into three groups — “struggling” or those who are unable to cover their expenses; “managing” or people who finds ways to make both ends meet; and “comfortable” or those who have the least budget constraints.   

“The ‘struggling’ are foremost concerned about rising prices and another pandemic happening. The ‘managing’ shoppers are concerned about the same things as struggling shoppers. The ‘comfortable’ are not only concerned about rising prices of goods but also about their health and their financial security in the future,” Ms. Padlan-Obana said.   

She noted majority of Filipinos are those that can find ways to make ends meet, which means they have a lot of discipline when making purchases.

Ms. Padlan-Obana said fast-moving consumer goods brands and retailers should understand the shopping behavior and preference of these shopper groups.

All three shopper groups buy their grocery items at hypermarkets, supermarkets, groceries, sari-sari stores, convenience stores, drug stores, and direct sales, with varying levels of frequency and loyalty.   

“The way to win them is communicating how they can save and maximize value in what they are paying for,” Ms. Padlan-Obana said.

The report also showed 68% of Filipinos plan their trips with a budget and grocery list. “Comfortable” shoppers also bring their families along during grocery shopping while “struggling” shoppers typically go by themselves. 

“Shoppers go to hypermarkets and supermarkets in a purposive and deliberate manner. It is highly planned, going straight to the aisles to look for where items on their list are found,” Ms. Padlan-Obana said.   

The report also showed Filipinos are visiting sari-sari stores more often, with a 5% annual increase to 212 trips. Nearly all or 99.7% of households buy from sari-sari stores, Kantar added.

Original Article: https://www.bworldonline.com/top-stories/2023/07/13/533867/7-out-of-10-filipinos-worry-over-rising-grocery-prices-kantar/