From a tycoon to a tycoon
48 . The suppliers were rushing to give money!

Old White

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The supermarket would open in at least ten days, at most half a month. The most important thing to do was to solve the problem of the supermarket's supplier.

Zhang Mu's shop occupied an area of more than 10,000 square meters, which was even larger than Walmart's shop in New World Plaza not far away. After all, Walmart only rented the basement floor of New World.

The business scope of the supermarket could not be less than that of Wal-Mart. In fact, as long as it was something that consumers could use in their daily lives, it must be equipped!

From small things like oil, salt, vinegar, toilet paper, to big things like clothes, refrigerator, and television sets, Zhang Mu's request was to make sure that when people in the surrounding area or even the entire Shanghai thought of purchasing, the first thing that came to mind was his supermarket!

Not long after Chen Yizhou spread the news, he received many calls.

"President Chen, I'm from Ruifeng Canning Factory. The canned food produced by our factory is not only delicious, but the price is also absolutely cheap. What do you think..."

"President Chen, I'm the salesperson of Sweet Orange Water. What do you think..."

"President Chen, your company's supermarket must also sell home appliances, right? The quality of the electric fans produced by our factory is very good..."

Even though the renovation of the supermarket had not been completed and there was still some time before it opened for business, these suppliers were already rushing to buy it. Zhang Mu was really too generous!

As mentioned earlier, there were no particularly large supermarkets in the country at this time. It was the only supermarket in the country that was over 10,000 square meters!

Whether it was Carrefour, which chose to start in Guangdong Province two years ago, or Walmart, which entered the Chinese market for the first time last year and opened its first store in Shanghai, they were all thousands of square meters. They were not as large as foreign countries, which often had tens of thousands or even more.

There were actually two main reasons why he chose to start at a few thousand square meters.

The first reason was that although both of them were giants in the international retail industry, it was their first time entering the Chinese market. It was a little like testing the waters.

In addition, before they entered China, they did not really care about the Chinese market. They thought that with China's per capital income, their spending power was not strong enough. If they had the energy, they would rather develop in other countries.

Secondly, the rent was too expensive!

Shops that were thousands of square meters or even tens of thousands of square meters were nothing in foreign countries. After all, many cities in foreign countries were sparsely populated. The rent was not expensive, and the people's spending power was strong. At least, that was what they thought.

However, in China, such as Beijing, Shanghai, and Guangzhou, the rent for places with good terrain was too expensive!

Although both Walmart and Carrefour had the capital to rent a big store, they couldn't invest too much money in the first place because they weren't sure about the future of the Chinese market.

The bigger the company, the more rules and regulations there were. Many things could not be done as they wished. They had to follow the rules and regulations.

Lianhua Supermarket had been developing very well in the past few years. Its annual turnover had reached a terrifying level of 2 billion!

However, with a turnover of 2 billion, the final profit was still uncertain. It was impossible to spend tens of millions on rent alone to open a supermarket.

They knew where their advantages were. They could expand their business with small businesses and expand their business. The rural area was the most suitable route for them. If they were to fight Walmart head-on, they would feel very weak.

Chen Yizhou was very efficient. Although his attainments in business management were too poor, he did not do much during his tenure as the factory manager of a state-owned enterprise. He could only watch as the factory deteriorated and eventually went bankrupt. Most of the employees were sent over by Su Da Express.

However, Chen Yizhou did some hard work, such as contacting major suppliers. In just three days, he had handled all the matters and handed the summarized information to Zhang Mu.

"Mr. Stanley, the information of all the suppliers is here..."

"Yes, thank you for your hard work, Old Chen."

Zhang Mu picked up the information and looked at it. He found that Chen Yizhou had organized it in great detail.

The information on the suppliers of appliances such as fridges and televisions, as well as the suppliers of cups, toothbrushes, and toilet paper, were all clearly written in the information.

Other than that, the same type of supplier was listed together. The price of each supplier, the conditions they were willing to offer, and the length of the settlement period were all clearly written.

For example, there were a few companies that produced plastic washbasins, cups, and toothbrushes. Some were willing to supply them unconditionally and pay when they were sold out.

Some of them were willing to pay monthly, some were willing to pay every three months, and some were even willing to pay every six months. As long as they were willing to use their goods, they would even pay a monthly 'fee'!

That's right. Perhaps in more than ten years, many supermarkets would ask their suppliers to hold back their stock and wait for a period of time before settling the accounts.

Only those small brands would think of giving the big supermarkets a 'fee', so that the supermarkets and other sellers would put their goods on the shelves.

However, in this era, regardless of the size of the brand, the competition was very fierce. As long as the supermarket was willing to give up a portion of the profits of their products, it was not a problem!

There were even some merchants who were willing to lower the price of their products and were even willing to pay an additional 'fee'.

They didn't even do it for the sake of making money. As long as they could get exposure, they were willing to do it at a loss!

It could be said that after the news that the supermarket was about to open was released, countless suppliers rushed to give Zhang Mu money!

This book comes from:m.funovel.com。

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