E-commerce

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Last updated 10:54 PM on 4/4/25
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33 Terms

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Consumer Act of the Philippines (R.A. No. 7394)

A law that provides certain privileges for Seniors, PWD, and consumers in general.

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Consumer Privileges

Benefits or advantages offered by businesses to customers.

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Discount Privileges

Price reductions offered to senior citizens, persons with disabilities, and students.

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Republic Act No. 9994

The Expanded Senior Citizen Act of 2010.

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Republic Act No. 10754

An Act expanding the benefits and privileges of persons with disabilities (PWD), enacted on July 27, 2015.

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20% Discounts

Discounts applied to various services including medicine, professional fees, and admission fees.

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Discount Requirements

Necessary documents such as Senior Citizen ID and Purchase Slip Booklet to claim discounts.

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Senior Citizen ID

ID issued by the Office of the Senior Citizen Affairs (OSCA) for privilege claims.

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PWD ID

ID issued by Local Government Units through the Persons with Disability Affairs Office (PDAO).

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Loyalty Programs

Systems that give returning customers special perks and advantages.

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Extended Warranties

Additional time to return or exchange a defective product.

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Special Services

Enhanced services like priority queues and free delivery that improve customer experience.

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Sample Online Discounts

Various promotional offers such as percentage off, fixed amount off, and loyalty rewards.

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Advantages for Retailers

Benefits like customer loyalty and inventory management derived from customer privileges.

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Positive Reputation in Retailing

A reputation built through offering customer privileges.

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Competitive Advantage

Unique customer privileges that differentiate businesses from competitors.

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Legal Compliance

Adherence to consumer protection laws to avoid fines or legal issues.

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Seasonal Discount Trends

Promotions related to events like Back-to-School and Holidays.

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Loyalty Rewards

Points-based systems that incentivize repeat purchases.

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BOGO Deals

Promotional offer of 'Buy One Get One' free.

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Fixed Amount Off

Discount that deducts a specific monetary amount from the total.

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Free Shipping

Elimination of delivery costs as a promotional offer.

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Customer Loyalty

The tendency of customers to continue buying from the same retailer.

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New Customer Acquisition

The process of gaining new customers through various marketing strategies.

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Inventory Management

The supervision of ordering, storing, and using a company's inventory.

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Sales Volume Growth

Increase in the amount of products sold over a specific period.

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Discount Privileges for Funeral Services

Special discounts applicable to funeral and burial services for eligible consumers.

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Requirements for Claiming Discounts

Necessary documentation such as updated doctor's prescriptions for claiming discounts.

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Consumer Rights

Rights that consumers have under consumer protection laws, including access to clear information.

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Clear and Accurate Information

Businesses' obligation to provide precise details about their offers, including terms of loyalty programs.

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Office of the Senior Citizen Affairs (OSCA)

Government office responsible for issuing Senior Citizen IDs.

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Persons with Disability Affairs Office (PDAO)

Local government office that issues PWD IDs.

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Health Care Discounts for SCs and PWDs

Discounts available for medical services and supplies for senior citizens and persons with disabilities.