Prince Warehouse Club to Celebrate Sari-Sari Store Festival 2013

Almost every nook and cranny of the Philippines has a sari-sari store but most of them them end up closing because the store owners don’t know how to manage their business, so Prince Warehouse Club will include in the Sari-Sari Store Festival 2013 the basics of handling a small business. The festival will take place in Cebu International Convention Center on July 20, 2013.

What are the activities for Sari-Sari Store Festival 2013?

Aside from basic business handling, PWC CEO and President Robert Go mentioned that there will be a free financial literacy seminar for sari-sari store owners, which will tackle proper inventory, basic accounting knowledge, and financial management.

Mr. Robert Go shows to us how eager their patrons were when their latest branch was opened.

“They do not have the discipline to manage their finances and they do not have rolling capital,” Go said. “Most of them do not know how to run a business. That’s why we are here to help them.”

Discussions about micro finance, entrepreneurship, and best practices in sari-sari store will surely equip SMEs proper knowledge in growing their business.

The success and growth of sari-sari stores are indirectly proportional to our nation’s GDP, that of which is 57% in the retail industry, according to Go.

Owners of sari-sari stores from different parts of Cebu are expected to come and make the festivities of Sari-Sari Store Festival 2013 very lively and much grander!

Sari-Sari Store Festival 2013 Theme

The Sari-Sari Store Festival 2013 is now on their 8th year and boasts the theme of “Pakiglambigit: Sari-Sari Store Festival W8W Na!”

Sari-Sari Store Festival 2013 was initiated in celebration of the growing family of Prince Warehouse Club which currently has 70,000 members under their rewards program and continually expanding number of branches. From their humble first branch in North Reclamation Area, Prince Warehouse Club is now available in Old MCWD Building, Argao, Danao City, Minglanilaa, Cabadbaran City of Agusan del Norte, Naval of Biliran, Maasin and Baybay in Leyte.

The Sari-Sari Store Festival 2013 is their way of thanking all their loyal customers for their continued support.

3 years ago, they have launched a micro-finance program for their customers who need more capital in growing their sari-sari store business. Pangpuno Puhunan Program enables loyal customers to get a loan through R&J7 Credit Corporation and acquire additional goods for their small business.

According to the Prince Warehouse Club Chief Operations Manager Rhea Go, the PPP program was initially created for big store owners but they later decided to include sari-sari store owners as well.

July 20 will converge an estimated 2,000 of their customers, sponsors, suppliers, and exhibitors for the much awaited yearly event which will be held at Cebu International Convention Center this year.

The customers will be able to purchase various products from exhibitors at wholesale prices according to Rina Go, Prince Warehouse Club supply chain manager. They will also feature an awarding ceremony for the Topsellers, Most Improved Distributors, Most Outstanding Distributors, Most Outstanding Principals, and Best in Booth Display.

Sari-Sari Store Festival 2013 Co-Presentor, Sponsors, and Media Partners

Nestle Philippines is a co-presentor of Sari-Sari Store Festival 2013.

Unilever, Virginia Foods Inc., Philippine Spring Water Resources, Coca-Cola Bottlers Phils. Inc., Colgate-Palmolive, and Century Pacific Group are the Gold sponsors while International Pharmaceuticals Inc. is the Platinum sponsor of Sari-Sari Store Festival 2013.

Zest-O Corp., Monde Nissin, Procter and Gamble, and Universal Robina Corp. are Silver sponsors while Kopiko, Eleven 22/Green Cross, Sunpride, Mead Johnson/Lactum, LCG Group of Companies/Johnson & Johnson, and Wellmade Manufacturing are the Bronze Sponsors.

Champion Detergent, Rebisco, UBS, Marides, Philusa, Aries Distributors, and Aquadoble/Energizer Phils. are supporters of the festival.

Media partners include Cebu Daily News, SuperBalita, Sun.Star, and Alcordo Advertising.

Prince Warehouse Club Sari-Sari Store Festival 2013 is managed by PRWorks VisMin.