PHL SMEs see e-commerce ‘vital’ to growth over next 3 years, says FedEx research - BusinessWorld Online

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PHL SMEs see e-commerce ‘vital’ to growth over next 3 years, says FedEx research - BusinessWorld Online
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EXPRESS transportation company FedEx Express, a subsidiary of FedEx Corp., said the Philippines is among the “most optimistic” in AMEA regarding e-commerce, with both small and medium businesses and consumers anticipating future growth. READ:

The company said 91% of small and medium enterprises in the Philippines expect e-commerce to “continue to boom” and become more vital to their business growth over the next three years.

The company noted that e-commerce currently represents less than 6% of total retail sales in each of these markets. This means that maintaining customer service quality is crucial as more people join the on-demand economy and shipping volumes rise.

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