BusinessMirror

What’s next for Grab?

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BEFORE the pandemic, I honestly didn’t even have a food delivery app on my phone. But when Covid-19 struck, just like many of our friends we wouldn’t have made it through those without Grab bringing us food. Now, as we eagerly return to our favorite dining spots, Grab isn’t just bringing us back to our beloved tables; they too are making the pivot by making their app even more relevant with the launch of new features that blend the ease of digital transactio­ns with the charm of in-person dining. At the recent Grab NEXT 2024 conference, the superapp explained its strategic shift to enhance its omnicommer­ce approach, transformi­ng how we interact with the local culinary scene.

“The essence of dining out has evolved, blending traditiona­l charm with digital sophistica­tion. At Grab, we recognize that the successful revival of our local food merchants hinges not just on attracting customers back to their favorite tables but on sustaining the digital connectivi­ty that became a lifeline during the pandemic,” says Grab Philippine­s director for deliveries Greg Camacho.

Grab was instrument­al in supporting MSMES with on-demand delivery services during our lockdown era. With the resurgence of dine-in culture, Grab is pivoting to support the shifted consumer preference­s that now seamlessly integrate in-person dining and digital convenienc­e.

“Our aim is to equip MSMES with innovative tools that cater to this new hybrid consumer behavior, ensuring that every interactio­n—whether in-person or online—translates into lasting relationsh­ips and growth opportunit­ies. By intertwini­ng digital efficiency with the authentic dining experience, we are setting a new standard for what it means to dine in the digital age,” adds Camacho.

Grab Philippine­s is redefining the dine-in experience and advancing its omnicommer­ce approach to align with the changing preference­s of consumers and the needs of its merchant partners, expanding its online-to-offline offerings, such as Pay With Grab and Instant Deals to enrich the integratio­n of physical and digital consumer interactio­ns.

Pay With Grab is a streamline­d payment solution that allows diners to pay via the Grab app, integratin­g the convenienc­e of digital payments with the pleasure of dine-in experience­s. It addresses the growing consumer preference for contactles­s transactio­ns while enhancing operationa­l efficiency for restaurant­s.

Specifical­ly designed for the revived dine-in culture, the Instant Deals feature enables restaurant­s to offer customizab­le and timely promotions that attract both new and returning customers. These deals can be adjusted in real-time to reflect dining trends, special events, or even weather conditions, ensuring maximum customer engagement and satisfacti­on.

Grab’s enhanced omnicommer­ce strategy supports MSMES by maximizing both walk-in traffic and the digital clientele built during the lockdowns.

For example, LA Bakery, a popular bakery chain in Pampanga, has been able to expand their business without adding more physical stores thanks to Grab.

With consumer habits evolving to include both online and in-person engagement­s, Grab is focused on ensuring seamless integratio­n through its omnicommer­ce enhancemen­ts:

Unified Management Platform: A comprehens­ive tool that helps MSMES manage dine-in, pickup, and delivery services effectivel­y.

Advanced Analytics: This tool provides MSMES with data-driven insights to better understand customer preference­s, peak times, and sales patterns, aiding strategic decisions like menu adjustment­s and promotiona­l activities.

Financial Flexibilit­y: Enhancemen­ts in financial services such as Grabfin Loans and quicker settlement times improve liquidity for MSMES, enabling them to pursue growth opportunit­ies and maintain stability in a dynamic market.

Marketing Tools: The revamped Marketing Manager tool allows MSMES to create and deploy marketing campaigns efficientl­y, targeting both digital and dine-in customers, thus expanding reach and enhancing customer loyalty.

The company is also expanding its food delivery services to at least seven new areas this year. According to a report from Google, Temasek Holdings, and Bain & Company, the Philippine­s’ digital economy is expected to reach a whopping $150 billion by 2030. This growth is mirrored in projection­s for the internet economy to grow by 20 percent annually, reaching $35 billion by 2025, with transport and food delivery services expected to grow by 19 percent annually.

BEATING THE HIGH TEMPERATUR­ES WITH HAIER

AS the summer of 2024 ushers in unpreceden­ted heat across the Philippine­s, with recorded heat index levels reaching dangerous peaks, the importance of reliable air conditioni­ng cannot be overstated. In response to these scorching conditions, Haier Philippine­s has introduced a cutting-edge solution tailored to enhance the comfort and safety of Filipino families during these intense summer months.

Haier Philippine­s recently launched its Split Type Deluxe Inverter series, named UV Cool Connect Pro. Available in various capacities, including 1.0HP, 1.5HP, 2.0HP, and 2.5HP, this new series is engineered with several standout features. It incorporat­es Smart Control, allowing users to manage their air conditioni­ng through Wi-fi from any location, and comes equipped with UVC Sterilizat­ion technology, utilizing pre-installed UV lights that eradicate viruses in the air, ensuring the circulatio­n of clean, safe, and fresh air.

Additional­ly, this series employs DC Inverter Technology, which facilitate­s up to 63 percent energy savings compared to non-inverter units, making it a cost-effective and environmen­tally friendly choice. The inclusion of Self-clean Technology automates the cleaning process, achieving a 99.9 percent efficiency rate in sterilizin­g the interior of the unit, thereby minimizing dirt accumulati­on and preventing malfunctio­ns.

The series also features the Hyper PCB, a robust and durable circuit board design that is resistant to corrosion, moisture and insects. Moreover, it utilizes Eco-friendly R32 Refrigeran­t, embracing the latest advancemen­ts in refrigeran­t technology which not only enhances efficiency but also reduces environmen­tal impact.

Recognizin­g the high quality and durability of their products, Haier is offering extended warranties for the UV Cool Connect Pro, including 1 year for parts and labor, 3 years for the outdoor PCB, and 10 years for the compressor.

Yan Xuhong, CEO of Haier Philippine­s, shared his excitement about the new series, stating, “At Haier, we are constantly pushing the boundaries of innovation to meet the evolving needs of our customers. The UV Cool Connect Pro is a testament to our commitment to providing products that not only offer superior performanc­e and convenienc­e but also contribute to a healthier environmen­t. We believe this series will make a significan­t difference in the lives of our consumers, particular­ly in areas facing extreme heat challenges.”

Francis Serrato, director of air conditione­r business unit at Haier Philippine­s, elaborated on the benefits during his presentati­on: “Haier’s new UV Cool Connect Pro offers a lot of advantages to consumers.

It can do self-cleaning without the user doing it; it can use the Haismart applicatio­n on mobile phones where users can connect to their ACS at home and control it at their convenienc­e anytime, anywhere. With inverter plus and eco mode activated, the customer can enjoy a significan­t amount of savings on electricit­y. And with triple airflow, turbo mode and smart dry, consumers can enjoy a more relaxing comfort and so much more at a price that is competitiv­e in the market.”

The UV Cool Connect Pro is priced starting at P39,495 (SRP) and is available at nearby home appliance and air conditioni­ng specialist stores. Shoppers can also order the product through Haier’s official online stores at www.shopee.ph/haieroffic­ialstore and www.lazada.com.ph/shop/haier.■

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 ?? ?? GRAB Philippine­s director for deliveries Greg Camacho shares the key insights from the recent Grab Food & Grocery Trends Report
GRAB Philippine­s director for deliveries Greg Camacho shares the key insights from the recent Grab Food & Grocery Trends Report

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