27 February 2023 | Manila, Philippines – Konstruk, the first-ever E-Hardware ng Bayan, celebrates its first year of providing businesses in the construction industry with an accessible online platform to buy and sell products. Konstruk has successfully navigated through the COVID-19 pandemic, responding to the shift in consumer preference from brick-and-mortar stores to digital e-commerce platforms.
Since its launch, Konstruk has made shopping for construction supplies easier for consumers, while providing a platform for merchants, manufacturers, and suppliers in the Home Improvement and Construction industry to expand their businesses online. As a result, brands such as Lucky Pro, Eurosa Building System, HUU, and Fineza have joined Konstruk to expand their online presence.
In the past year, Konstruk has delivered construction materials to various parts of the Philippines particularly in Metro Manila and plans to reach 50 other provinces nationwide to offer a range of features and tools helping businesses succeed in the competitive online marketplace. This includes customizable product catalogs, order and inventory management, secure payment gateway, advanced marketing, and SEO tools.
Konstruk’s user base has grown to more than 10,000 users in the first year, with a current engagement rate of more than 50% in the country. These testaments of growth prove its commitment to providing a convenient and accessible platform for businesses in the construction industry.
Expanding Outside Metro Manila
In the recent 2022 market research, the construction industry is expected to register an annual average growth of 7.3% from 2023 to 2026, supported by government investment in the transport, energy and residential sectors.[1]Furthermore, the Philippine construction industry is said to be the government’s key pillar of economic growth to bounce back from the pandemic with double-digit growth rates. Despite the challenges posed by the COVID-19 pandemic, this innovative industry has remained resilient and is projected to continue its growth trajectory in the coming years.
In line with this projected growth, Konstruk remains true to its mission to be the top e-Hardware ng Bayan by offering an innovative e-commerce platform that is accessible and easy to use by consumers and with a comprehensive set of tools and features fit for their partner merchants.
Konstruk also aims to support local construction and home improvement businesses by onboarding provincial merchants that promote community selling – helping boost the local economy by empowering small businesses and promoting community engagement. It plans to onboard merchants in the future and become central office to manage micro Konstruk operations based on provinces. The company will collaborate with local government units (LGUs) in different provinces and launch their operations in key provinces outside Metro Manila, starting with provinces in Luzon, then Visayas and Mindanao.
“As we celebrate our first year in business, I am reminded that success is not just about achieving milestones, but also about the impact we make on people’s lives. At Konstruk our mission is to make construction needs easier online, but our greater purpose is to empower people to build their dreams, one project at a time,” Mr. Rommel Bulalacao, Konstruk’s Chief Executive Officer said.
Konstruk’s success story is a testament to the growing trend of digital e-commerce platforms in the Philippines, particularly in the construction and renovation industry.
For reliable and convenient source of all construction, design, or improvement project needs, head on over to www.konstruk.ph.
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