Business · Companies · 6 hrs ago

Mexico's El Buen Fin sale expected to generate 235 billion pesos

Mexico's El Buen Fin sale expected to generate 235 billion pesos

Mexico's El Buen Fin sale will run from November 13 to 17 with discounts and promotions across the country.

Concanaco, a national business organization, estimates the event will generate 235 billion pesos in sales, 7.3% more than last year.

About 79% of sales are expected in physical stores, with the rest through digital channels.

Organizers expect 200,000 businesses to take part, and an official app will show participating stores' offers.

The event is expected to benefit 5.2 million businesses in commerce, services and tourism.

Organizers and industry groups are working to train smaller businesses so they can sell online during the event and keep using digital tools afterward.

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What people are saying

Octavio de la TorreConcanaco Servytur president
Behind the 235 billion pesos there is something more important: thousands of family businesses that need to sell more, generate jobs and continue growing.
via El Universal
David PiñazaAssociation of Internet MX vice-president for e-commerce
Authorities, the Ministry of Economy and the Association of Internet MX are making an effort to provide training so that all small businesses can join not only this Buen Fin, but also adopt digitalization as an asset that will remain in their businesses.
via El Universal