Home  

  About Us  

  Contact Us 

  Subscribe     Advertise  
  Archives     Feedback  

  Register  

  Help  

  Special Report

  Top Stories

  Opinion

  World

  Weekend

  Sports

  Career Times

  Property & 
   Home

 
 
 

Sunday, June 08, 2008

 

Lamoiyan pricing strategy

Boosting peso power amid economic crunch

 
The spiraling world oil prices and the economic downturn of the United States are further fueling the grim outlook that harder times wait in the wings for the average Filipino family. It is as if internal economic realities are not enough to seal the fate of Filipinos towards one headed for more penny-pinching. Supply shortage, mess up or whatever, of rice, for one, is pushing the Filipino family to the wall. What with good-quality rice that used to be sold at P24 to P27 now up to as high as P40 to P45 and fuel prices on the upswing following world oil prices!

The harsh realities of life have, in fact, all the more inspired Lamoiyan to maintain its pricing policy.

“We cannot aspire for more than what is modest profit from the sale of our products,” shares Cecilio Pedro, president and CEO of Lamoiyan Corp. “We know the Filipino consumer well enough. Majority are hard-pressed in stretching the value of their peso.”

Thus, besides Hapee’s affordable pricing policy, its packaging strategy also well recognizes what a typical Filipino household can truly afford. As the prices of virtually all commodities have a heyday rising up, Lamoiyan’s very own Hapee toothpaste products have held on to modest profits as part of the advocacy as an all-Filipino corporation that “feels” for the Filipino family.

The poor-to-middle-class families, reeling from the blows dealt by prices of goods that they can no longer afford, oogle at the price tags of basic commodities on supermarket shelves before they can pick up the items they are to shop for. The rule of thumb during these hard times is “low-priced products rule.” If that means having to sacrifice quality, Filipino families will always be shortchanged in the goods they buy, never deriving the benefits they need in items purchased for food, hygiene, and others.

This is where Lamoiyan saves the day as it offers products that refuse to join the bandwagon of pricing steeply but holds on to modest pricing while giving consumers more than their money’s worth in terms of product quality.

“Filipino consumers are already hurting much the way things are in the marketplace these days,” Pedro said, “that we cannot add their burden further through inconsiderate pricing and packaging.”

“Lamoiyan management understands what hard-earned money is, how it is not to be able to make both ends meet considering the gamut of basic necessities for a decent life. Thus, we put everything to add value to our products and we do everything to make sure that our products are affordable—that any one who buys it will still have some cash stashed up for the other needs at any given point in time. After all, Lamoiyan is an all-Filipino corporation with humble beginnings.”

This line of thinking is, according to Pedro, the company’s small way of helping Filipinos to enjoy a better life on a peso-for-peso valuing. What he meant is that Lamoiyan has figured out ways of helping Filipinos to make essential, quality products well within their reach.

Lamoiyan by itself is already strongly committed to helping Filipino families. Its partnership with the 100-year old Philippine Dental Association further fortifies its resolve to adhere to its commitment to upgrade the practice of dental and oral care in the country especially for those who are less fortunate.

“Giving back to the country is a central inspiration behind the company’s progress. Hapee will constantly find avenues to provide employment to Filipinos, contribute to the growth of the nation’s economy and provide dental and oral care assistance to the less fortunate,” Pedro said.

Lamoiyan’s affordable and high-quality Hapee toothpaste products are worth every hard-earned peso spent by users. Using them is very much like having an oral care specialist that is the official partner of the Philippine Dental Association—the authority on dental care.

   
 

manilablossoms

Sponsored Links
 

Back To Top

 
 
 

Ping Oco, Franklin Bartolay
Powered by: 
The Manila Times Web Admin.

  

Home | About Us | Contact | Subscribe | Advertise | Feedback | Archives | Help

Copyright (c) 2001 The Manila Times | Terms of Service
The Manila Times Publishing Corp. All rights reserved.

Hosted by: