Selling Strategies and Business Practices of Rice Retailers: A Qualitative Study in a Rural Philippine Setting
Cristene S. Gibo | Llochellemee P. Sillar | Bless M. Lindayao | Elisabeth Mary L. Patoc | Metonia M. Gonzales
Discipline: Marketing
Abstract:
This study examines the sales strategies of rice retailers in
Cabanglasan, Bukidnon, Philippines, in a competitive, economically uncertain
market. While previous studies have explored general retail practices, limited
research has focused specifically on the strategic and operational challenges
faced by small-scale rice retailers in rural municipalities—an essential gap this
study addresses. Using a qualitative approach, key informant interviews (KII)
with 10 rice retailers at the Poblacion market, and employing thematic analysis,
identified patterns in their sales practices and operational difficulties. The
findings reveal two major themes: effective sales strategies and key challenges.
Retailers reported that strong salesmanship, offering high-quality rice, and
applying strategic pricing, such as customer discounts, strengthened customer
trust and loyalty. In contrast, they faced challenges, including intense
competition, inadequate record-keeping, and financial risks associated with
extending credit—issues that disproportionately affect smaller retailers and
compromise their financial stability. The study underscores the need to build
customer relationships, ensure consistent product quality, and apply
competitive pricing strategies, while also addressing operational weaknesses,
such as poor documentation and credit management. It concludes by
recommending support programs in business management, financial literacy,
and record-keeping to strengthen the long-term viability and competitiveness
of rice retailers in the area.
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