June 23, 2018, 12:22 am
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1 Philippine Peso = 0.06897 UAE Dirham
1 Philippine Peso = 2.04526 Albanian Lek
1 Philippine Peso = 0.03404 Neth Antilles Guilder
1 Philippine Peso = 0.52113 Argentine Peso
1 Philippine Peso = 0.02544 Australian Dollar
1 Philippine Peso = 0.03343 Aruba Florin
1 Philippine Peso = 0.03756 Barbados Dollar
1 Philippine Peso = 1.57728 Bangladesh Taka
1 Philippine Peso = 0.03184 Bulgarian Lev
1 Philippine Peso = 0.00709 Bahraini Dinar
1 Philippine Peso = 32.88225 Burundi Franc
1 Philippine Peso = 0.01878 Bermuda Dollar
1 Philippine Peso = 0.02522 Brunei Dollar
1 Philippine Peso = 0.12883 Bolivian Boliviano
1 Philippine Peso = 0.07009 Brazilian Real
1 Philippine Peso = 0.01878 Bahamian Dollar
1 Philippine Peso = 1.277 Bhutan Ngultrum
1 Philippine Peso = 0.19573 Botswana Pula
1 Philippine Peso = 375.96244 Belarus Ruble
1 Philippine Peso = 0.03752 Belize Dollar
1 Philippine Peso = 0.02494 Canadian Dollar
1 Philippine Peso = 0.01868 Swiss Franc
1 Philippine Peso = 12.01146 Chilean Peso
1 Philippine Peso = 0.12169 Chinese Yuan
1 Philippine Peso = 54.86948 Colombian Peso
1 Philippine Peso = 10.59718 Costa Rica Colon
1 Philippine Peso = 0.01878 Cuban Peso
1 Philippine Peso = 1.78854 Cape Verde Escudo
1 Philippine Peso = 0.41869 Czech Koruna
1 Philippine Peso = 3.33333 Djibouti Franc
1 Philippine Peso = 0.12088 Danish Krone
1 Philippine Peso = 0.93052 Dominican Peso
1 Philippine Peso = 2.20053 Algerian Dinar
1 Philippine Peso = 0.25367 Estonian Kroon
1 Philippine Peso = 0.33502 Egyptian Pound
1 Philippine Peso = 0.51117 Ethiopian Birr
1 Philippine Peso = 0.01621 Euro
1 Philippine Peso = 0.03897 Fiji Dollar
1 Philippine Peso = 0.01426 Falkland Islands Pound
1 Philippine Peso = 0.01425 British Pound
1 Philippine Peso = 0.08833 Ghanaian Cedi
1 Philippine Peso = 0.87962 Gambian Dalasi
1 Philippine Peso = 169.05164 Guinea Franc
1 Philippine Peso = 0.14052 Guatemala Quetzal
1 Philippine Peso = 3.88526 Guyana Dollar
1 Philippine Peso = 0.14739 Hong Kong Dollar
1 Philippine Peso = 0.44866 Honduras Lempira
1 Philippine Peso = 0.1197 Croatian Kuna
1 Philippine Peso = 1.23812 Haiti Gourde
1 Philippine Peso = 5.22103 Hungarian Forint
1 Philippine Peso = 261.46479 Indonesian Rupiah
1 Philippine Peso = 0.06819 Israeli Shekel
1 Philippine Peso = 1.27817 Indian Rupee
1 Philippine Peso = 22.23474 Iraqi Dinar
1 Philippine Peso = 796.99531 Iran Rial
1 Philippine Peso = 2.05333 Iceland Krona
1 Philippine Peso = 2.4507 Jamaican Dollar
1 Philippine Peso = 0.01331 Jordanian Dinar
1 Philippine Peso = 2.06607 Japanese Yen
1 Philippine Peso = 1.89577 Kenyan Shilling
1 Philippine Peso = 1.28255 Kyrgyzstan Som
1 Philippine Peso = 75.84601 Cambodia Riel
1 Philippine Peso = 7.92488 Comoros Franc
1 Philippine Peso = 16.90141 North Korean Won
1 Philippine Peso = 20.8492 Korean Won
1 Philippine Peso = 0.00568 Kuwaiti Dinar
1 Philippine Peso = 0.0154 Cayman Islands Dollar
1 Philippine Peso = 6.40488 Kazakhstan Tenge
1 Philippine Peso = 157.33333 Lao Kip
1 Philippine Peso = 28.26291 Lebanese Pound
1 Philippine Peso = 3.00282 Sri Lanka Rupee
1 Philippine Peso = 2.66254 Liberian Dollar
1 Philippine Peso = 0.2584 Lesotho Loti
1 Philippine Peso = 0.05725 Lithuanian Lita
1 Philippine Peso = 0.01165 Latvian Lat
1 Philippine Peso = 0.02546 Libyan Dinar
1 Philippine Peso = 0.17921 Moroccan Dirham
1 Philippine Peso = 0.31576 Moldovan Leu
1 Philippine Peso = 0.99324 Macedonian Denar
1 Philippine Peso = 25.69014 Myanmar Kyat
1 Philippine Peso = 45.33333 Mongolian Tugrik
1 Philippine Peso = 0.15181 Macau Pataca
1 Philippine Peso = 6.66667 Mauritania Ougulya
1 Philippine Peso = 0.65765 Mauritius Rupee
1 Philippine Peso = 0.29239 Maldives Rufiyaa
1 Philippine Peso = 13.39812 Malawi Kwacha
1 Philippine Peso = 0.3853 Mexican Peso
1 Philippine Peso = 0.07515 Malaysian Ringgit
1 Philippine Peso = 0.25797 Namibian Dollar
1 Philippine Peso = 6.74178 Nigerian Naira
1 Philippine Peso = 0.59151 Nicaragua Cordoba
1 Philippine Peso = 0.15379 Norwegian Krone
1 Philippine Peso = 2.0385 Nepalese Rupee
1 Philippine Peso = 0.0272 New Zealand Dollar
1 Philippine Peso = 0.00723 Omani Rial
1 Philippine Peso = 0.01878 Panama Balboa
1 Philippine Peso = 0.06164 Peruvian Nuevo Sol
1 Philippine Peso = 0.06142 Papua New Guinea Kina
1 Philippine Peso = 1 Philippine Peso
1 Philippine Peso = 2.28545 Pakistani Rupee
1 Philippine Peso = 0.06993 Polish Zloty
1 Philippine Peso = 106.70047 Paraguayan Guarani
1 Philippine Peso = 0.06835 Qatar Rial
1 Philippine Peso = 0.07565 Romanian New Leu
1 Philippine Peso = 1.1966 Russian Rouble
1 Philippine Peso = 15.95174 Rwanda Franc
1 Philippine Peso = 0.07042 Saudi Arabian Riyal
1 Philippine Peso = 0.14841 Solomon Islands Dollar
1 Philippine Peso = 0.25277 Seychelles Rupee
1 Philippine Peso = 0.33719 Sudanese Pound
1 Philippine Peso = 0.16718 Swedish Krona
1 Philippine Peso = 0.02548 Singapore Dollar
1 Philippine Peso = 0.01426 St Helena Pound
1 Philippine Peso = 0.41701 Slovak Koruna
1 Philippine Peso = 149.29577 Sierra Leone Leone
1 Philippine Peso = 10.57277 Somali Shilling
1 Philippine Peso = 397.4216 Sao Tome Dobra
1 Philippine Peso = 0.16432 El Salvador Colon
1 Philippine Peso = 9.67099 Syrian Pound
1 Philippine Peso = 0.25817 Swaziland Lilageni
1 Philippine Peso = 0.61446 Thai Baht
1 Philippine Peso = 0.04845 Tunisian Dinar
1 Philippine Peso = 0.04326 Tongan paʻanga
1 Philippine Peso = 0.08905 Turkish Lira
1 Philippine Peso = 0.12487 Trinidad Tobago Dollar
1 Philippine Peso = 0.56648 Taiwan Dollar
1 Philippine Peso = 42.59155 Tanzanian Shilling
1 Philippine Peso = 0.49596 Ukraine Hryvnia
1 Philippine Peso = 72.33803 Ugandan Shilling
1 Philippine Peso = 0.01878 United States Dollar
1 Philippine Peso = 0.59211 Uruguayan New Peso
1 Philippine Peso = 147.69953 Uzbekistan Sum
1 Philippine Peso = 1498.59155 Venezuelan Bolivar
1 Philippine Peso = 429.12676 Vietnam Dong
1 Philippine Peso = 2.02911 Vanuatu Vatu
1 Philippine Peso = 0.04869 Samoa Tala
1 Philippine Peso = 10.62592 CFA Franc (BEAC)
1 Philippine Peso = 0.0507 East Caribbean Dollar
1 Philippine Peso = 10.62592 CFA Franc (BCEAO)
1 Philippine Peso = 1.92432 Pacific Franc
1 Philippine Peso = 4.69202 Yemen Riyal
1 Philippine Peso = 0.25823 South African Rand
1 Philippine Peso = 97.4554 Zambian Kwacha
1 Philippine Peso = 6.79624 Zimbabwe dollar

Shopping app helps Filipinos to be successful entrepreneurs

Shopee, the largest e-commerce platform in Southeast Asia, is not only helping Filipinos turn into successful entrepreneurs but also teaching the people the importance of being an entrepreneur even at an early age.

Two-and-a-half years since it was launched here, Shopee Philippines now has 3 million listings and 6 million downloads, making it the number one shopping app in the country.

Shopee is a platform tailored for the region, providing customers with an easy, secure and fast online shopping experience. 

Officially launched in 2015 in 7 countries across the region, Shopee aims to become the nation’s online shopping destination of choice, and to deliver the best online shopping experience that benefits and serves the needs of users, whenever and wherever they are.

Not only is it popular among sellers, but buyers prefer Shoppe because Shopee offers online shopping security through Shopee Guarantee which protects users by withholding the payment to the seller until the buyer receives the order. 

This makes people feel safe shopping at Shopee.

Agatha Soh, Shopee head of Regional Marketing, said the outlook of e-commerce as whole in the Philippines is “just pure growth.”

Last year, Soh said in terms of e-commerce revenue from the Philippines, it was recorded at $1.2 billion based on the statistics that they were able to get.

“I don’t think it’s ever going to stop. I think the whole concept of online shopping is just beginning to warm up in this region, and it shouldn’t be stopping at all,” Soh said.

As the head of Regional Marketing, Soh is responsible for overseeing the marketing and branding strategies of Shopee across the region.  Soh carries with her over 5 years of experience in e-commerce.

Soh said the Philippine e-commerce landscape may just be starting but the entrepreneurial characteristic of Filipinos is innate.

“I think Filipinos are very entrepreneurial, which is why Shopee came in at the right time to provide a tool, a platform for these sellers who might not have had access to be able to reach more buyers before.  We have gotten feedback from sellers who really love us. They tell us about how much their business has grown. I think it’s really harnessing this spirit. At the end of the day, it’s a platform that we want to bring to all kinds of people in this country,” Soh said.

And Shoppe can also help Filipinos enhance their entrepreneurial skill through Shopee University, a dedicated workshop for those who are keen to learn more about how to start selling on a mobile commerce platform and master the art of selling on Shopee.

Here, Filipino sellers and would-be sellers will learn multiple ways to boost sales.  They will also be given tips and marketing techniques to promote their store on the Shopee app.

“Helping smaller entrepreneurs grow their business is something that we are continually investing in.  We believe in the value of (Shopee University). We ran it across 40 cities the last two years. So far we’ve garnered more than 3,500 participants. And the feedback that we’re getting from the small sellers is really positive. They like that Shopee is here to really help them grow. More often than not, some of them are very new to the whole concept of online selling,” Soh said.

Successfully promoting one’s store is important to attract the growing number of Filipino buyers who now prefer buying online, Soh said.

“With this kind of what we say a community-based approach, as much as Shopee University is here to educate, what we really want to achieve is to build a community such that they can come together by themselves and be able to continue to grow further.

“What we do constantly is listening to our sellers—whether you’re new, whether you’re small, whether you’re young, whether you’re old—and find out what is it that you need. Some sellers tell us, “Oh it would be great if you guys can share with us educational materials,” or, “It would be great if you guys can host some form of gathering whereby we can bring sellers together,” so they can exchange tips and tricks,” Soh said.

And, according to Soh, 60 percent of their buyers belong to the millennials set.

“Sellers, I don’t think it’s so much about the age gap, because sellers, there’s not so much a distinction between young and old. But buyers, the main majority is the younger audience, 18 to 25,” Soh said.

“It’s interesting because, more often than not, not just in the Philippines, but when we launch new features, when we launch new tools, we get more real-time feedback from these millennials because they use the app a lot more often. They spend more time on the platform. They are basically our ambassadors per se, and we take their feedback quite seriously to figure out how best to tailor the features further to suit the audience,” Soh added.

At the end of the day, Soh said there are many different types of buyers. 

For example, some buyers, when they buy clothes they like to go to the department stores. Some buyers like to buy from flea markets. Some buyers like to buy from known brands. 

“It’s really about bringing together all kinds of options and then presenting them to the buyers and they make their choice in terms of the kind of products they want to go for. Some buyers naturally prefer more premium branded products. That’s where the official shops play a bigger part. But then there are some buyers that are a lot more price sensitive, and maybe they don’t care so much about top-notch quality—not to say that our products are not top-notch quality—but what they value is more in-trend stuff that come and go. Then that’s where the marketplace kind of sellers would fulfill that need better,” Soh said.

“What we try to encourage all of our sellers, whether you’re a marketplace seller, whether you’re official shops, we got a list of what kind of seller you are, there should be no compromise in the kind of selling experience that you bring to your buyers, because everyone is housed in the same platform,” Soh added.
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