Chapter 416 Do You Still Love Me? (Fourteen)
- "It's not a matter of whether I want to do it or not, Xiaoxiao. I have actually considered it, and I do want to. I agree with your ideas, and I am confident in this. I finally understand why there is such a high demand in this industry, but why are all the businesses limited to markets and supermarkets? The advantage of markets is that prices are low and shopping is convenient, but the downside is the poor environment. On the other hand, supermarkets offer a better environment but have higher prices and are less convenient. Opening a store could actually achieve both low prices, a good environment, and convenience. Therefore, based on market demand, it should have the strongest competitive edge. But why are there so few so-called fresh supermarkets in the market, and why are there not many profitable ones? The reason is simple, they overlook one major issue, which is scale. Most of the fresh supermarkets we see are very small, mostly selling only salads and fruits. I learned from them and started by only selling salads and fruits, but what was the result? The result was that we didn't consider the customers' needs, our offerings were not comprehensive enough to meet their demands, and this became our biggest flaw. This is why there are not many fresh supermarkets in the market. As long as we meet these conditions, ensure the quality of products and services, success is inevitable. I am confident in this," Chadwick Fullner said confidently.
- "Why don't you just go for it? Do you lack confidence?" Madison Sawyer asked.
- "It's not as simple as just going for it. As I've said before, my current store is still too small to meet the demand. If I were to open another store, it would need to be at least 150 to 200 square meters in size. To open a store like that, I would need a minimum of 700,000 to 800,000 in funding. Where am I going to find that kind of money? And the location also has certain requirements, it must be in a concentrated residential area. I don't have that much money, so any ideas I have are just wishful thinking. But thank you, at least you've made me more aware of myself," Chadwick Fullner said with a smile.