WoMeN iN busiNess - Planters Development Bank
WoMeN iN busiNess - Planters Development Bank
WoMeN iN busiNess - Planters Development Bank
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
CHoICES AND CHANgES<br />
For two decades, romina’s Bags<br />
reaped success in producing and<br />
selling wallets and coin purses from<br />
which the family was able to build<br />
their home and purchase prime<br />
real estate properties in Malolos,<br />
Bulacan.<br />
in the year 2000, globalization<br />
brought an influx of cheap imported<br />
items that affected the sales of<br />
romina’s Bags and in order to<br />
remain competitive, the brand<br />
strategized to include bags in their<br />
product line. They also came up<br />
with more designs in order to give<br />
more options to consumers.<br />
“Before, for example, we can<br />
go a year or even two years without<br />
changing the design and style of our<br />
items. But that changed with stiffer<br />
competition in the market,” Mercy<br />
says.<br />
at that point, when things<br />
weren’t exactly smooth sailing, this<br />
entrepreneur ventured into other<br />
businesses, with a few wounding<br />
up as futile attempts. Suffice to say,<br />
it’s nothing short of remarkable how<br />
romina’s Bags stayed afloat despite<br />
all the challenges.<br />
STAYINg PoWER<br />
Today, romina’s Bags has a wide<br />
array of quality products to choose<br />
from, with styles and designs that<br />
are young, trendy and up-to-date.<br />
The brand carries cosmetic bags,<br />
backpacks, clutches, body bags,<br />
shoulder bags and other promotional<br />
items.<br />
romina’s Bags supplies products<br />
to local shops, malls and gift shops<br />
and was able to carve a niche in the<br />
promotional merchandise business,<br />
making corporate giveaways such<br />
as canvas bags.<br />
Their secret in keeping up with<br />
competition is the strategic sourcing<br />
of materials, consistent quality and<br />
quick response to a fickle market.<br />
Being in the business for 30<br />
years, this lady entrepreneur<br />
has already established good<br />
relationships with suppliers of<br />
As a boss to her<br />
team of sewers,<br />
Mercy is very<br />
motherly and<br />
pleasant to work<br />
with yet firm.<br />
27