Seven participants in the just held two-day e-Commerce Summit 2010 won gift certificates from BUYanihan.com in a raffle draw held on the last day of the summit.
· Reggie Bundang of regaloservice.com (a gift service portal)
· Alvin Gale Tan of SVI Software Services (e-services outsourcing provider)
· Micci Lopez of cashsense (facilitator of cash-based transactions online and offline)
· Fritzie Ann Revilla of 701 Search Inc. (online classified ads service)
· Bernardo Mitra (chairman of many companies, among them ChilLine Attitude Corporation which develops destinations that cater to a high-end client base)
· Alexandra Lopez of Ayannah (provider of solutions that enable secure transactions over online and mobile communication networks)
· Mel Co of Global Competitiveness (business and training consultancy)
Each won P300 worth of GCs of Sodexo, Krispy Kreme and Red Mango that BUYanihan.com raffled off after the announcement of the category winners in the 4th DigitalFilipino SPI top 100 Web Awards.
Some of them are members of the DigitalFilipino.com Club founded in 2003 by Janette Toral who is acknowledged as the ‘Mother of the e-Commerce Law (RA8792)’. The Club is composed of more than 100 members who meet regularly to share their experiences on e-commerce, social media, SEO marketing, blogging and e-lancing (freelancing over the Internet).
BUYanihan.com founder Eddie Lee was a speaker on the first day where he discussed the growth potential in the Philippines of group buying websites by harnessing the Filipinos’ collective bargaining power and their innate social networking skills.
By 2012, Eddie foresees this market to grow to P9 billion with about 20 strong players each featuring 3,000 discount deals a year.
For a group buying site to successfully promote and sell 3,000 deals, he said the company needs to have 300 staff to handle 1-million transactions a year and have the infrastructure to send out one (1) billion emails to its customers (database) who have a spending power of P300 per month.
Launched in August 2 this year, BUYanihan.com is the Philippines’ first group buying site. Since then, the site has featured 20 deals on food and drinks, beauty and skin care, themed parks, travel, hotel, kiddies fun and fun run.