What does a brand new tell you?
INNOVATIVE PRODUCTS TO DRIVE EXPANSION IN LOCAL SHORES
Global air conditioning, appliance giant Tosot enters
Philippine market
Amidst the
phenomenal growth in the Philippines’ retail sector, a brand of a global leader
in air conditioning systems and appliances is set to bring to the country its
line of innovative products.
Tosot, a premium brand of Gree, the biggest manufacturer
of air conditioners in the world, was officially launched this October.
Tosot Philippines also held a grand launch, where
dignitaries and executives of Gree came in full force to support the brand
expansion in Southeast Asia.
Tosot Philippines General Manager Tom Balete said the
brand intends to compete in the segment of the market which demand innovative
and premium solutions for air conditioners, something Tosot successfully did in
three continents worldwide.
The move, Balete said, is in response to growing consumer
sentiment that prefers quality air conditioner brands, instead of the usual
cheap but low quality products that flood appliance centers all over the land.
“We have been observing the market for years now. We
noticed that in the past couple of years, many families and businesses have
started to upgrade their air conditioning systems to something that goes beyond
cooling their rooms. They want efficiency and quiet that cheaper products don’t
have,” he said.
He explained that the penchant of consumers to upgrade
their appliances could be a direct result of the growth in the country’s retail
sector, marked by the increase in the number of middle class families, which
allowed premium brands worldwide to enter the Philippines.
In fact, Balete said that in the Southeast Asian region,
where the Philippines is a key member, analysts are predicting that the middle
class is expected to triple from 525 million in 2009 to 1.74 billion in 2020.
In the Philippines, economists also expect retail to grow
its contribution to the country’s gross domestic product to 20 percent in 10
years, which is up by 7 percent from last year’s 13 percent.
The growth should push demand for quality products,
instead of price, Balete said.
“Tosot’s entry to the Philippines couldn’t come at a
better time. We want to be that alternative premium brand of air conditioners
and we will compete in terms of providing really technologically advanced
products that will set the bar for air conditioners, especially in terms of
energy consumption and area acoustics,” he said.
He said Tosot Philippines will also place priority on
products that are ecologically friendly. “Our work primarily focuses on making
lives more comfortable at no expense to nature. For every product we create, we
think about how it will impact the environment.”
Tosot prides itself of using R-32 & R-410A in its
air-conditioning units. These special refrigerants do not contribute to ozone
depletion, and allow for lower power consumption and less impact on global
warming. Tosot also uses the inverter air-conditioning system that consumes
less electricity compared to conventional air-conditioning units. This means
less energy, reduced production costs, and an environment-friendly business.
As a premium brand, Tosot’s product lines are made using
the best technology available today. The company strives to create a
sophisticated and comfortable lifestyle where its clients are.
“The people behind Tosot have worked hard-in-hand over a
decade to bring the most innovative appliances possible in order to foster a
lifestyle that not only sees to you and your family’s comfort and convenience
but also the health and well-being of the environment,”Balete said.
Tosot has eight production bases strategically located
worldwide: Brazil, Pakistan, Vietnam, and cities in China that include Zhuhai,
Chongqing, Hefei, Zhengzhou, and Wuhan. Its company has an astounding annual
production capacity of 34 million units of residential air-conditioners and 4
million units of commercial air-conditioners.
Apart from the Philippines, Tosot is distributed globally
in Italy, Canada, Hongkong, Iraq, Russia, Ukraine, and China.
Partners in comfort and well-being
Tosot has also partnered with various institutions to
effectively improve the quality of life that includes comfort and well-being,
and to bring not only comfort but a great deal of satisfaction.
This includes Don Bosco Technical Institute where Tosot
Philippines gets student-trainees for a five-month training program. In turn,
Tosot Philippines provides scholarships to these trainees as part of their
corporate social responsibility.
Tosot Philippines also works with TUV Rheiland
Philippines in ensuring that all Tosot products comply with the Philippine
National Standard.
Apart from its showroom, Tosot Philippines has also
partnered with and Lazada.com.ph in promoting and selling of Tosot products
online.
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