E-commerce leader searches for the
country's best original ideas
Multiply, the Philippines’ and Southeast Asia’s largest
online shopping site is searching for the best original products, ideas and
concepts among its merchants in the Philippines. Three local Multiply merchants
with outstanding creativity and originality will be given the Multiply
Origination Awards, a recognition of excellence and creativity among the
growing community of entrepreneurs who have found new and exciting ways to
market their products in the e-commerce space.
“This is the first and only search in the Philippines
that honors original ideas in the e-commerce space,” said Multiply Philippines country manager Jack Madrid. “Multiply has been witness to the inventiveness and
ingenuity of the Filipino entrepreneur, and our platform has been host to some
of the most original products we have ever seen; it is only appropriate that we
recognize our talented and creative Merchants,” he continued.
Multiply has been a long-standing supporter of the
Filipino entrepreneur by providing a level playing field, where any original
business idea can thrive and find success alongside established brands. As the thought leader in Philippine
e-commerce, the Origination Awards is a testament to Multiply’s commitment to
provide continuous support and inspiration to creative and original Filipino
entrepreneurs.
There will be three categories for the competition: Best
Fashion-Forward Idea, Best Gourmand Idea and Best Mommy Management Idea. Ten
finalists from each category will be shortlisted among nominations. In the last
leg of the Awards, the winners of the Origination Awards for each category
shall be determined by a panel of judges consisting of authorities in the world
of entrepreneurship and e-commerce, combined with the results of online public
voting.
Multiply started out as a social networking site in 2004
where people shared their photos, videos and blog entries. In 2007, Philippine
entrepreneurs saw the opportunity to promote their businesses and sell using
the Multiply platform, paving the way for what we now know as the new Multiply
Marketplace.
In 2011, Multiply adopted a new platform designed to give
entrepreneurs access to real e-commerce tools and solutions. Among these are:
(1) The Product Listing, which allows merchants to
present their items in a captivating manner and buyers to purchase them most
conveniently, providing a better online shopping experience;
(2) A virtual shopping cart that enables customers to buy
from several different merchants and then pay in a single transaction;
(3) Multiple payment options such as credit cards (Visa,
Mastercard, Amex, JCB), PayPal, Mobile Payments (Gcash, Smart Money) and
over-the-counter bank payments;
(4) A Stock Room that provides merchants with an easier way to track their operations, including sales,
finances and more;
(5) Order summaries, inventory management, and disbursal
summary for a more systematized documentation; and
(6) A Buyer Protection Program, which guarantees every
purchase made from a merchant with a Trusted Badge.
The three winners of the Multiply Origination Award will
receive an Online Business Package worth P200,000 that would include site enhancements,
a customized store front and advertising support to promote their existing
online business.
The Origination Awards is open to all active Multiply
merchants with Trusted Badges. To learn
more about the Multiply Origination Awards, and to nominate products that you
think truly deserve to be recognized for their originality and innovation,
visit origination.multiply.com. Nominations start today October 17, 2012 until Nov. 11, 2012.
For inquiries, please contact originationawards@multiplyph.com
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