Collaborative Efforts by State and Federal Governments
Manuel Cardona Zapata, from the National Association of Self-Service and Department Stores (ANTAD), announced that Mexico City and the State of Mexico will generate more than 23% of the total sales during the Buen Fin 2025. This significant contribution will be made possible through coordinated strategies between state and federal governments, as well as private sector collaboration.
Promoting Local Consumption and the “Made in Mexico” Label
State governments will focus on promoting the consumption of local products, emphasizing the “Made in Mexico” label to strengthen local value chains and redirect consumer preferences towards national products. Sergio Silva Castañeda, head of the Economic Growth and Development Unit at the Secretaría de Economía (SE), highlighted the importance of local authorities’ collaboration in implementing national policies.
State and Federal Governments’ Commitment
Laura González Hernández, head of the State of Mexico’s Secretaría de Desarrollo Económico (Sedeco), expressed her commitment to ensuring the Buen Fin 2025 is a successful, safe, and highly participative event. She also directly encouraged small businesses to register and join the commercial event with enthusiasm and responsibility.
Boosting E-commerce for Mexican SMEs
According to the Mexican Online Sales Association (AMVO), only 10% of Mexican companies currently sell online. The Buen Fin presents an opportunity for Micro, Small, and Medium Enterprises (MSEs) to transition into e-commerce.
Manola Zavalaza, head of Sedeco in Mexico City, emphasized the Buen Fin’s economic impact, generating over 173,000 million pesos in economic circulation and benefiting more than 200,000 businesses annually. This initiative particularly supports small businesses, making them the primary beneficiaries.
Record-Breaking Sales Expectations
Authorities reported that the Buen Fin 2025 could surpass record-breaking sales figures, with over 1,290 registrations in its initial hours.
Key Questions and Answers
- What is the Buen Fin? The Buen Fin is an annual shopping event in Mexico that aims to boost consumer spending and support local businesses.
- Who is involved in the Buen Fin 2025? The event involves collaboration between state and federal governments, as well as the private sector.
- What is the focus of the Buen Fin 2025? The event emphasizes promoting local consumption and the “Made in Mexico” label to strengthen local value chains.
- Which businesses benefit from the Buen Fin? Small and medium-sized enterprises (MSEs) are the primary beneficiaries of the Buen Fin, with a particular focus on supporting small businesses.
- What is the expected economic impact of the Buen Fin 2025? The Buen Fin 2025 is expected to generate over 173,000 million pesos in economic circulation and benefit more than 200,000 businesses.
- How many registrations were expected in the initial hours of Buen Fin 2025? Authorities reported over 1,290 registrations in the event’s first hours.
