Sunday, December 4, 2016

MIghty Corp. Explains How They Maintain Low-priced Cigarettes

Local cigarette manufacturer Mighty Corp. assures the community and its consumers that their company has maintained a fair business strategy throught the years.
According to the president of Mighty Corp., the company does not remit any royalty to any foreign headquarters and does not maintain any high-salaried consultants. This is one of the reasons why they can distribute their cigarettes in such an affordable price.
Mighty Corp. is the only company in the country which is Filipino-owned. Unlike other companies who are burdened by high operational expenses, the company maintained a low cost in their operations in order to distribute their products in an affordable price.
 “It was not hard for Mighty Corporation to solidify its base, enhance its core competencies and work out on its forecasts the migration of a big chunk of smokers who were faced with three choices: quit smoking, smoke less frequently or look for low-priced alternatives,” said the president of Mighty Corp.

“Mighty Corporation’s margin of profit is certainly different from that of the competition. This is so, because being a local brand, the company does not pay royalties abroad, it had no foreign consultants and it is purely Filipino,” he added. 

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