That’s the exact term they use for what online furniture selling Leoque Philippines does.
Site-To-Store.
Only got this online business model term today upon reading Pier1 news here.
Where, online visitors or buyers choose and pick items from the online furniture showcase. Arrange payments then pick up of items is at the store front. Which, in our case, is in Makati Philippines.
We do not have a central infrastructure or facility where we can directly ship to the buyers. This way, we are doing away with added costs of warehousing, logistics, personnel, etc. Any savings we get, we directly pass this onto our buyers. And so Metro Manila buyers can get fairly good priced furniture from us.
But still 1, in the future, we are looking in the possibility of shipping directly to buyers. Or, having more pick up points in the city. Ooooh, thinking plans & future is a nosebleed. Let’s stay put for a while and build on the portfolio first.
But still 2, if you happen to know a good sized commercial space in Makati Area (not in Makati Business District like Ayala, Paseo, Buendia, etc.), please send us a note. Preferably a good sized warehouse type or a compound or lot with built-in structure. Budget is P50k or lower. We feel, that’s the showroom rent we can handle without passing much of the cost to our buyers.
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