LBC Business Solutions took front and center at the second ASIA ECOMM Summit, to underline trends, innovations, and challenges affecting the realm of e-commerce. Organized by Asia CEO Events, this year’s theme,
“Fortune Favors the Bold and Tech Savvy,” sought to bring together both big and small companies who are looking to expand their e-commerce platforms and services while cutting costs through E-commerce.
The event, held last June 19 at the Manila Marriott, featured a number of industry leaders who imparted their expertise in their respective fields. Among the distinguished line up of speakers were: Manoj Menon, Founder and CEO of Twimbit; David Almirol Jr., Chief Executive Officer and Founder Multisys Technologies; Zdenek Jankovsky, Treasurer and Chief Business Development Officer, Home Credit Philippines; Cesar Purisima, Asia Fellow, Milken Institute; Rosemarie Ong, Senior Executive Vice President and Chief Operations Officer, Wilcon Depot; Dann de Guzman; Chief Executive Officer, CloudSwyft; Samuel Jeanblanc, Market Lead, Google Philippines; Ed Pasion, Vice President for Retail, Unioil Petroleum Philippines; Hans Sicat Chief Executive Officer, ING Bank; Judah Hirsch, Founder and CEO, Salarium; Martin Yu, Country Head, Shopee; Roche Vandenberghe, Head of Marketing, FWD Life Insurance; Miguel Warren, Regional Head, Southeast Asia Payoneer.
LBC’s Chief Marketing Officer Javier Mantecon says: “As the ECOMM Summit’s presenter and major sponsor, we have worked with ASIA CEO Events to create this summit as the e-comm industry is booming and there's a lot of collaboration and sharing that we feel should be shared so that more people can get into social selling. Asia CEO is also a unique avenue for collaboration and sharing among industry peers and for smaller, micro SMEs audiences to learn. For LBC, the direct impact is not something we monetize but it's really the relationship and learning for these seminars that we can take back and bring to our own consumers”.
LBC’s Vice President for Corporate Sales Jerome Santos, meanwhile, says the continued growth of e-commerce has and will continue to impact the way they do business. He narrates: Five to six years ago, Lazada talked to us and they said we’re going to do e-commerce in the Philippines. We closed the deal and we started with five transactions a day. The volume today is something that no single company can handle. It has grown exponentially. We have to be in that e-commerce space- otherwise, we will be left behind- and vice-versa, if the e-comm companies are not in our space as well. We have the domestic footprint that we can go as far as down south and tip of the north of the Philippines, it is a complementary relationship with us and the e-comm platforms."
Santos adds that at this day and age when competition to get a big piece of the e-comm business is fierce, LBC does not play the rate war. He explains: “We offer the infrastructure that we have. Our domestic footprint is second to none, so that’s something that we are proud of. Whether in retail and corporate segment, what we do is we study our clients’ and customers’ needs and offer total logistic solutions. That, I believe, is what totally separates us from our competitors.”