DTI: Better to put prices on your online products

NAGA CITY --- Posting the prices of products being sold online is more beneficial for sellers, an official of the Department of Trade and Industry (DTI) in Camarines Sur said.

As the coronavirus disease (Covid-19) crisis continues, online selling and deliveries has increased under the so-called new normal, but most online sellers often used the phrase “PM is the key,” which results in problems in some business transactions.

In an interview, Jay Percival Ablan, DTI Camarines Sur Business Development Division chief, said that under Republic Act (RA) No. 7394 or the Consumer Act of the Philippines, sellers are required to put price tags on their products.

Ablan, said sellers in both physical and online platforms must show the price tags of their products for consumers’ information.

He said that price tags help consumers to decide whether they would buy a product or not.

Price tags are crucial factors in business and beneficial for online sellers in terms of attracting buyers and gaining profits.

“If you have 50 buyers inquiring for the price of your product, you have to answer them all. While responding, the rest of your buyers already brought one from another seller” he said.

He advised online sellers to apply for business permits with the DTI to legalize their businesses.

He said if a business is legitimate, no one will doubt the credibility of the seller and the products he sells. Ablan said the government supports all businessmen thru the DTI negosyo centers.

He urged online sellers to practice responsible handling of their business such as compliance with consumers’ expectations aside from business legitimacy.

DTI’s negosyo centers have stations in Del Gallego, Ragay, Libmanan, Pasacao, San Fernando, Magarao, Calabanga, Pili, Naga City, Tigaon, Lagonoy, Caramoan, Tinambac, Bula, Baao, Iriga City, Nabua, and Buhi.