Looking out my window here in BGC, I don’t see any movement. This enhanced community quarantine has turned this hustling and bustling place into a quiet and somewhat eerie neighborhood. Weirdly so, I miss seeing people and cars.
This got me thinking about the Auto Industry. How are businesses in this industry doing. Fortunately, Automart.ph, one of the startups in this environment is the hero of my feature today. Here is my interview with the founder of Automart.ph, Poch Ceballos.
Ginger: Hi Poch! Can you tell readers more about Automart.ph?
Poch: We sell used and repossessed cars at prices far cheaper than what you can get from most dealers and marketplaces. We follow a strict “no patong” or no premium over what the suppliers sell the units for, so you’re assured that you get the lowest rates possible always.
While buying a brand new car is always a nice goal – and the brand new smell can be intoxicating – it’s simply not a practical choice especially with a global recession looming. Automart.Ph has a lot of almost-new and very high quality cars, at around 30-50% lower prices vs brand new cars. That’s the practical way to go about it. We have branches and car lots in QC, Paranaque, Cebu and Davao.
Ginger: I agree with that during this time, it may be wise to really think about purchases and having this option from Automart.ph for buying cars is great. So tell us, why did you start your business? And what is your mission?
Poch: Our mission is to provide Assets for All. We provide practical, low-cost options for Filipinos nationwide, especially for items that are normally very expensive, like cars.
Ginger: To give people insights on different business models out there, can you describe your business model?
Poch: We work with suppliers who need to sell cars and place their inventory on our site. In return, we get a small commission for every sale.
Ginger: So, Poch, everyone’s talking about the Pandemic. Can you share how was Automart.ph and you as a founder impacted by this pandemic both or either positively or negatively? Were you also impacted by the Enhanced Community Quarantine?
Poch: Our folks are doing study-from-home, and we’re upskilling them so that once we’re ready to go back to work, they’ll have more and better skills.
Ginger: I love companies who give high regard for their employees. How about your company? How can people help you moving forward? What kind of help are you looking for?
Poch: I’d love to encourage and ask them to buy used and repossessed cars from us, instead of brand new. It’s cheaper, kinder to the environment since nothing new is produced.
Ginger: Because of the things happening now, what changes will you be implementing in your business?
Poch: We might be trading down – selling even lower-priced cars than before. We’ll also be working with more partners who need help disposing of their added inventory.
Ginger: To end this interview, Poch, what are the business lessons that you have learned from this?
Poch: You must be able to weather sudden downturns – have enough reserves if possible, and be kind to your employees. If you can have them work from home or study from home, do so.
Ginger: Thank you so much and more power to Automart.ph.
For those interested in collaborating or purchasing, please visit: https://automart.ph . If you are looking for repossessed cars from banks, you can check out this link too: https://juaninvestor.com/repossessed-cars.
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