{"id":60730,"date":"2024-01-03T14:10:26","date_gmt":"2024-01-03T06:10:26","guid":{"rendered":"http:\/\/www.upgrademag.com\/web\/?p=60730"},"modified":"2024-01-03T14:10:28","modified_gmt":"2024-01-03T06:10:28","slug":"home-credit-financed-1-7m-mobile-phones-in-2023","status":"publish","type":"post","link":"http:\/\/www.upgrademag.com\/web\/2024\/01\/03\/home-credit-financed-1-7m-mobile-phones-in-2023\/","title":{"rendered":"Home Credit financed\u00a01.7M mobile phones\u00a0in 2023"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Home Credit, the country\u2019s leading consumer finance company, reveals an interesting trend in the Philippine market: an increase in the number of purchases of various commodities,\u00a0particularly mobile phones\u00a0with 1.7M units financed. This surge in products\u00a0sold was\u00a0facilitated\u00a0through Home Credit\u2019s\u00a0year-long promos, including the most recent\u00a00% interest on installment financing. \u00a0<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This year, Home Credit saw a significant upswing in purchases across different categories, showing a shift in what consumers prefer. With a focus on empowering Filipinos to realize their personal and family goals, Home Credit&#8217;s offerings have reflected an evolution in lifestyle choices and aspirations.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Among the highlighted categories, mobile and tablet purchases garnered the greatest\u00a0number of units sold, indicating\u00a0a continued reliance on these devices for work, education, and entertainment. The volume sold in this category, marked by an impressive 1.7M\u00a0units, showcases\u00a0the enduring significance of these gadgets in everyday life. For this year, the brand to highlight is\u00a0Apple, which is now the top mobile brand for Home Credit, with\u00a0a 100% sales increase from last year. \u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Filipino consumers have also shown a marked interest in upgrading their living spaces. The appeal of modernizing households resonated strongly, evident&nbsp;in the&nbsp;420,000&nbsp;units of home appliances financed by Home Credit. The specifications of these appliances, tailored to enhance convenience and efficiency, have appealed to consumers seeking&nbsp;to upgrade their home appliances in time for the new year. &nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Meanwhile, the demand for TV and electronics, computers, furniture, and other home improvement materials saw notable traction, signifying a desire for enhanced connectivity and comfort in homes. The specifications of these products, focused on delivering superior performance and comfort, have been key factors driving their popularity.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">When it comes to goods\u00a0supporting sustainability,\u00a0the demand has also been noteworthy,\u00a0especially for e-bikes. This year, Home Credit has seen a 122% sales growth in\u00a0e-bikes, a proof point in the growing trend of green living and alternative transportation products. \u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The introduction of The Great 0% Festival by Home Credit has been pivotal in driving these purchases. This limited-time promo offers holiday deals and 0% interest rates on installment plans, spanning from six to 18 months. Available at Home Credit partner stores and Shoppingmall.ph, these offers make lifestyle and tech products more accessible, promising an unforgettable holiday season for Filipino families.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Don\u2019t\u00a0miss\u00a0The Great 0% Festival.\u00a0Make your dreams and aspirations this holiday season come true with Home Credit\u2019s special offer, available until\u00a0January 2024.\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">To know more about the latest updates from Home Credit Philippines, visit its official website,&nbsp;<a href=\"http:\/\/www.homecredit.ph\/\" rel=\"noreferrer noopener\" target=\"_blank\">www.homecredit.ph<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Home Credit saw a significant upswing in purchases across different categories, showing a shift in what consumers prefer. With a focus on empowering Filipinos to realize their personal and family goals, Home Credit&#8217;s offerings have reflected an evolution in lifestyle choices and aspirations.\u00a0<\/p>\n","protected":false},"author":6,"featured_media":60731,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[5354,96,2727,1656],"class_list":["post-60730","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-headlines","tag-home-credit","tag-technology","tag-technology-adaption","tag-technology-investment"],"_links":{"self":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts\/60730","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/comments?post=60730"}],"version-history":[{"count":0,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts\/60730\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/media\/60731"}],"wp:attachment":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/media?parent=60730"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/categories?post=60730"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/tags?post=60730"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}