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Author Topic: Tagbilaran July Trade Fair Exceeds Sales Expectation by P13 M  (Read 1659 times)

benelynne

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Tagbilaran trade fair exceeds sales targets

By Chito A. Fuentes
Inquirer Visayas
First Posted 17:19:00 07/28/2009


TAGBILARAN CITY, Philippines — The regional trade fair held here last weekend posted total sales of P38.5 million, which exceeded the target set by the Department of Trade and Industry (DTI).

DTI Bohol provincial director Maria Elena Arbon said the exhibitors of the One Town-One Product (OTOP) exhibit held on July 22-26 achieved P38,577,332.05, surpassing the P25-million target set for the OTOP trade fair held at the city’s Island City Mall.

The trade exhibitors from Bohol reported sales of over P21.3 million at the end of the five-day regional sales, Arbon said.

Negros Oriental came in second with sales totaling P14,410,778.75 while Cebu reported P1,103,920 in the fair, which was a spin-off of the Bohol Sandugo provincial trade fair.

Region 8 traders reported sales of P979,446 followed by Siquijor with P690,970 while Caraga products sold out P73,230.

Arbon said the main objective of the trade fair is "to have access to, as well as expand, markets."

"It aims to generate sales for local producers that will enable them to sustain their livelihood and support job maintenance or generation," she added.

Aside from this, the trade fair provided a venue for products that resulted from the ongoing DTI programs that promote livelihood and job generation.

Despite the global financial crisis, the organizers had remained bullish because the usual influx of walk-in buyers has provided a good source of cash flow for the producers.

Arbon also explained that the institutional buyers from Cebu and Manila always included the fair in their calendar every year.

"The Bohol brand and its position as one of the top tourist destinations in the country is another plus factor that adds to the drawing power of the fair," she said.

Buyers usually combine business with leisure when they go to Bohol for the Sandugo fair.

"There is also always something new, innovative and creative every year, thanks to a sustained product development effort done by exhibitors and DTI every year," she added.

The booths are categorized into food, non-food and tourism investment promo.

There were two venues for the displays this year with 63 booths located inside "The Block," an improvised closed-door portable tent put up by the ICM management in the mall parking area.

"An additional feature this year (was) the two booths by persons with disabilities," said Jerome Gabin, senior trade and industry development specialist.

The participating groups were the Bohol Deaf Academy and the Bohol Federation of Disabled Persons.

They were among the 27 booths located inside the ICM and the non-food exhibitors.

President Gloria Macapagal-Arroyo was the guest of honor during the ribbon-cutting ceremonies as part of the Bohol Day celebration last July 22.

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benelynne

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Re: Tagbilaran July Trade Fair Exceeds Sales Expectation by P13 M
« Reply #1 on: July 29, 2009, 01:29:55 PM »
Mution pud ta usahay sa positibong balita. For all the brouhaha about TBTK and its sponsored projects, I think lumping their activities with the other events in July such as Bohol Day and Sandugo has a multiplier effect in the local economy that can really improve the livelihood of the people.

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indaymen50

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Re: Tagbilaran July Trade Fair Exceeds Sales Expectation by P13 M
« Reply #2 on: July 30, 2009, 10:13:06 AM »
It  was  a  very  good  experience  for  me  as  a  first  timer  to  TBTK. I  will  do  it  again  if  I'll  have  the  chance. We  thank  you  very  much to  the  organizers  esp. Betty  Veloso  Garcia and  the  rest   of  the  Board  of  Trustees  for  their  unending  efforts to  make  the  affair  a  success!! To  the  local  officials  who  in  any way   supported  the  cause , Thank  You  from  the  bottom  of  our  hearts! We  will  leave  our  dear  Bohol  but  we  will  cherish  in  our  hearts  the  great  and  awesome  memories  of  our  experiences  here! Let  the  fun  and memories  continue. Until  then, ...Daghan  Kaajong Salamat!!!! nHope  to  see  you  again  in  May  of 2012![/font

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Koddi Prudente

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Re: Tagbilaran July Trade Fair Exceeds Sales Expectation by P13 M
« Reply #3 on: July 30, 2009, 10:43:48 PM »
By the way, the reported sales include orders for specific items, both for local and international distribution.  Actual cash sales was much lower owing to the bulk orders.  The local women's group (palm weavers) that we assisted was able to get orders, too.  At least nagbunga ang among pagtabang kanila. It's amazing that our local artisans have achieved a higher level of creativity and craftsmanship.  Makaingon gyud ka nga "dinhi ra ni sa Bohol gihimo?". Mora ba'g di ta makatoo, pero too nalang kay tinood man.

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benelynne

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Re: Tagbilaran July Trade Fair Exceeds Sales Expectation by P13 M
« Reply #4 on: July 31, 2009, 07:30:10 AM »
Koddi, once a year ra ba kani nga trade fair? Kung in-ani ang resulta, makatabang gyud sa panginabuhi sa tawo. Mas maayo siguro ipahigayon ni with greater frequency, kanang lain-lain ba ang kategorya sa produkto aron lain-lain pud ang participants.

By the way, the reported sales include orders for specific items, both for local and international distribution.  Actual cash sales was much lower owing to the bulk orders.  The local women's group (palm weavers) that we assisted was able to get orders, too.  At least nagbunga ang among pagtabang kanila. It's amazing that our local artisans have achieved a higher level of creativity and craftsmanship.  Makaingon gyud ka nga "dinhi ra ni sa Bohol gihimo?". Mora ba'g di ta makatoo, pero too nalang kay tinood man.

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Koddi Prudente

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Re: Tagbilaran July Trade Fair Exceeds Sales Expectation by P13 M
« Reply #5 on: July 31, 2009, 07:57:00 PM »
Step in the right direction ning mga trade fair. During my first job as marketing interpreter sa accessories trade fair sa Tokyo Big Sight, I was amazed by the variety of products from different parts of the world. Through trade fairs, matagaan ug exposure ang atong small entrepreneurs, artisans ug craftsmen nga kung sila-sila ra, malisdan gyud paghimo sa marketing sa ilang produkto. Trade fairs will also gauge the marketability of products and will improve competitiveness by updating players to the intra-industry price, design and quality trends.

Koddi, once a year ra ba kani nga trade fair? Kung in-ani ang resulta, makatabang gyud sa panginabuhi sa tawo. Mas maayo siguro ipahigayon ni with greater frequency, kanang lain-lain ba ang kategorya sa produkto aron lain-lain pud ang participants.

Usually kon ting Sandugo ra. Ang DTI usually ang tigpasiugda niini kay ang Agricuture agri-fair man ang ila.  Mas grand tong last trade fair kay giplano man tong daan as a major event to coincide with TBTK. There is no way, however, to show that sales of such magnitude was due to the presence of balikbayans.  Basta man gud kon asa ang major trade fair, mao pud nay adtoon sa mga prospective buyers from all over who are distributors or exporters.

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Re: Tagbilaran July Trade Fair Exceeds Sales Expectation by P13 M
« Reply #6 on: August 01, 2009, 05:51:34 AM »
It  was  a  very  good  experience  for  me  as  a  first  timer  to  TBTK. I  will  do  it  again  if  I'll  have  the  chance. We  thank  you  very  much to  the  organizers  esp. Betty  Veloso  Garcia and  the  rest   of  the  Board  of  Trustees  for  their  unending  efforts to  make  the  affair  a  success!! To  the  local  officials  who  in  any way   supported  the  cause , Thank  You  from  the  bottom  of  our  hearts! We  will  leave  our  dear  Bohol  but  we  will  cherish  in  our  hearts  the  great  and  awesome  memories  of  our  experiences  here! Let  the  fun  and memories  continue. Until  then, ...Daghan  Kaajong Salamat!!!! nHope  to  see  you  again  in  May  of 2012![/font
here is a satisfied "customer" of TBTK. wa pa jud ko ka attend sukad ani. im curious

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Koddi Prudente

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Re: Tagbilaran July Trade Fair Exceeds Sales Expectation by P13 M
« Reply #7 on: August 01, 2009, 05:28:06 PM »
Good for private arts and crafts businesses that can afford research in design trends and join international trade fairs.  Diri sa Bohol, dili gyud makaapas ang mga community-based artisans,  handicraft producers and small-scale food processors because they, as well as their sponsors (usually an NGO or the local government) do no have the resources for research and market matching trips. Kon swertehon nga naay mag order in bulk, tungod kay nakapasar sa quality, magka problema na pud ang community-based producers kay dili man maka supply within a given period kay kulang pud gihapon og capital and labor. 

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benelynne

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Re: Tagbilaran July Trade Fair Exceeds Sales Expectation by P13 M
« Reply #8 on: August 01, 2009, 08:43:16 PM »
One of the best-selling participants in the Tokyo accessories trade fair did not have an in-house production facility but was farming out the production to groups of households in small villages. This way, the capitalists did not have the regular overhead that weighs heavily on them during economic downturns. But they train the locan artisans in production processes that meet export standards, and I think they also extend credit. I think if we just link up the exporters/capitalists with the local artisans, this would be a big help in moving the goods not only in the domestic but also in the international market.

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Re: Tagbilaran July Trade Fair Exceeds Sales Expectation by P13 M
« Reply #9 on: August 01, 2009, 09:03:19 PM »
One of the best-selling participants in the Tokyo accessories trade fair did not have an in-house production facility but was farming out the production to groups of households in small villages. This way, the capitalists did not have the regular overhead that weighs heavily on them during economic downturns. But they train the locan artisans in production processes that meet export standards, and I think they also extend credit. I think if we just link up the exporters/capitalists with the local artisans, this would be a big help in moving the goods not only in the domestic but also in the international market.


The province established the Bohol Investment and Promotion Center. I don't have personal knowledge of how it operates and to what extent it has, if ever, helped our small producers, processors and entrepreneurs.  A handful of municipal governments have realized the need for local investment and promotion centers for this purpose.

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