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Three Months, 11 Store Closures: Is Walmart Facing Another Wave of Store Closings?
The adjustment of the hypermarket format is still ongoing. Recently, Walmart has reported store closures in Shanghai, Fuzhou, Tianjin, and other places. On June 12, Walmart closed three stores in a single day: Fuzhou Lianxin, Wuliting, and Tianjin Heping Road. According to Lianshang.com, Walmart has closed 11 stores in the past three months, with two in March, two in April, three in May, and four in June so far.
New DistributionWho Made Millions a Year from 'One More Bottle' Drink Promotions?
A few years ago, 'One More Bottle' (再来一瓶) promotions were widespread in the beverage and beer industry. Today, they have largely disappeared, replaced by various buy-and-win or lottery-style promotions. Besides rising labor and raw material costs, a key factor was the emergence of 'big moths' in the promotion industry, severely impacting manufacturers' profits and forcing them to stop. This article explores the business chain of this fraudulent model.
New DistributionDistributors Want to Avoid Pitfalls When Taking on New Products? You Need to Know These!
In the course of a distributor's business, to grow the business, it is inevitable to continuously introduce new products to increase sales. However, how many distributors have not been cheated by manufacturers? The tuition paid is miserable! They intended to make a big profit, but instead suffered a big loss. Today, we offer some advice, hoping that distributor friends can suffer less harm and take fewer detours, enabling them to grow and expand rapidly! 1. Whether the enterprise's operation is healthy and stable. Many distributors have encountered such examples: just after the distributor pays, and the product is just distributed to the market, the enterprise changes for various reasons, such as production stoppage or bankruptcy, forcing the brand to exit the market midway, leaving the distributor at a loss whether to laugh or cry. Therefore, when selecting products to distribute, distributors should first conduct a comprehensive and in-depth investigation and comparative analysis of the enterprise to determine whether its operation is healthy and stable.
New DistributionDistributors Always Failing to Make Money? The Biggest 'Loophole' Might Be Inventory Issues...
Inventory management is a key component of a distributor's own operations; it is not simply about using a generic system for inventory tracking or stocktaking. What is inventory management? Simply put, it is the distributor maintaining reasonable inventory levels of agency products, reducing the occurrence of soon-to-expire or expired products, and maintaining reasonable purchase quantities based on product flow speed and inventory levels. Distributors/manufacturers face warehouse management drawbacks such as inaccurate inventory counts, lack of basis for stocking, and poor coordination between warehouse, finance, and sales.
New DistributionIt's Easy to Inflate a Distributor's "Belly," but Being a Responsible Manufacturer Is No Simple Feat!
Some manufacturers, lacking know-how in market activities and sales expansion, blame their distributors and force them to stock up just to improve data reports. They only focus on pushing inventory, setting sales targets, and collecting payments, ignoring whether products actually sell through. True responsibility means helping distributors and retail terminals sell products to consumers through proper planning, hands-on implementation, and timely review.
New DistributionAmazing IP: What Makes a Distributor Earn a Million in a Year?
Peppa Pig has taken the world by storm, and one distributor in Chongqing earned a net profit of one million yuan in a year by distributing food products featuring the animated character. This article explores the power of animation IPs, the reasons behind their success, and the implications for distributors selecting products.
New DistributionThe Ten Types of Manufacturers That Distributors Fear Most! Have You Encountered Them?
This article lists ten types of manufacturers that distributors fear most, including those that bully smaller distributors, shift all risks onto distributors, and impose unreasonable policies. It highlights common grievances and advises distributors to be cautious.
New DistributionTissue Paper Industry Again Sees Love-Hate Drama: Prices Rise for You, Downstream Distributors Are Already in Tears
Leading tissue paper companies Vinda International's 'Vinda', Hengan International's 'Xinxiangyin', and Gold Hong Ye Paper's 'Breeze' have recently issued price increase notices. International pulp prices have surged 47% in the past year, making it difficult to control tissue paper price hikes in the near term.
New DistributionNews Flash | Want Want to Raise Prices Too! RT-Mart Completes 'New Retail' Renovation of 100 Stores; Imported Spirits Fully Recover in China; Coca-Cola Launches Digital Bottle; Haoxiangni Launches New Snack Products...
Today's Headlines: Want Want's Chairman Tsai Eng-meng says it's time to raise prices. Alibaba completes 'New Retail' renovation of 100 RT-Mart stores. Imported spirits fully recover in China, with Pernod Ricard betting on middle class and millennials. Coca-Cola launches World Cup ads and digital bottles. Haoxiangni launches new freeze-dried fruit and vegetable snacks.
New DistributionConsumers Have Changed, and So Has RIO
Liu Chunxiong once said that all products should have social attributes, meaning they carry their own topics and serve as social currency. Recently, RIO's floral water-flavored premixed cocktail went viral on social media, sparking widespread discussion. The product, launched in collaboration with Liushen, sold out 2,500 sets in 17 seconds during its first pre-sale on Tmall, demonstrating its immense popularity.
New DistributionPerformance Has Nothing to Do with Price!
1% of sales are completed over the phone, 2% after the first contact, 3% after the first follow-up, 5% after the second follow-up, 10% after the third follow-up, and 80% after the 4th to 11th follow-ups! Follow-up work makes your customers remember you, and when they take action, they think of you first. The greatest gain in sales is not the commission, not the promotion, not the capital for showing off, not completing tasks; the greatest gain is that you...
New DistributionNews Flash | The Final Fate of the 'Red Bull' Trademark Case Revealed? The Latest Viral Beverage on Douyin Is...; Another Liquor to Raise Prices; Liqun Officially Acquires Lotte Mart; Pepsi Pays Tribute...
Today's headlines: The 'Red Bull' trademark case is about to face final judgment, with the Beijing Dongcheng District People's Court set to rule on whether Huabin (Beijing Red Bull) can continue using the trademark. Walmart and Tencent announce a retail partnership in China, while Bubs Australia partners with Alibaba to expand in China. New products include Pepsi's retro series and Yili's detective bottles, and the list of China's Best Brands 2018 sees Yili top the dairy industry again.
New DistributionExclusive: Is the "Naked Packaging" of Internet-Famous White Milk Really Good?
In the dairy market, where "a riot of colors dazzles the eyes," marketing battles have been fierce. In recent years, under the trend of minimalist consumption, internet-famous "white milk" with gimmicks like "seeing is believing" and "returning to the original taste of fresh milk" has emerged. But is milk packaged in transparent bags truly a return to basics?
New DistributionFrom 0 to 10 Million in Sales, and Beyond: Hurdles Distributors Must Overcome
Distributors face several sales hurdles, including 10 million, 30 million, 50 million, and 100 million yuan. The main reasons for stagnation include the boss's and executives' limitations, poor product selection, and lack of employee motivation.
New DistributionThe Difference Between "Done" and "Done Well" Is the Difference in Life
In the workplace, although "done" and "done well" differ by only one word, the former merely completes a task, while the latter not only completes it but also achieves a good result. If you approach work with a "good enough" attitude, merely completing tasks without focusing on outcomes, you will, like most people in the workplace, be destined never to get promoted.
New DistributionInsights into China's Consumer Market
Accenture's latest report on China's consumer market identifies five new consumerist trends driven by digital technology, including dual-channel purchasing, social shopping, experience-centric consumption, fitness consumption, and embracing the value economy. The report also highlights the significant purchasing power contributed by digital side jobs, internet finance, and mobile payments, as well as opportunities in the post-95s and silver-haired segments.
New DistributionNews Flash | Uni-President Enters Soy Milk Category with New Product; Luzhou Laojiao Laozihao Tequ Suspends Supply; Coca-Cola Invests in Health Drinks...
Today's headlines include Luzhou Laojiao's Laozihao Tequ suspending supply in Henan with a price increase, Coca-Cola investing $66 million in a new dairy plant, Tencent's new retail partnership with Liqun, and more industry updates.
New DistributionNews Flash | Coca-Cola and Pepsi Launch New Products; Wahaha's 2017 Revenue Released; Yili and Master Kong on the List...
Today's top stories: Wahaha's 2017 revenue was 46.45 billion yuan, down 6.46 billion from the previous year; Beibingyang (Arctic Ocean) soda expands nationwide with its East China base; import tariffs on daily consumer goods are reduced, with Nestle and Danone assessing the impact; Wumart launches a new community fresh food store brand; Coca-Cola introduces a new fiber+ cola, Pepsi launches a vinegar-based drink, Yili upgrades its Zhenxi ice cream line, and FamilyMart introduces a beer-flavored soft serve; Forbes releases the Global 2000 list featuring Chinese food and beverage companies; and more industry news.
New DistributionSalespeople Who Dare to Mention These 18 Problems Should Be Fired Immediately!
Salespeople often make excuses for poor performance, citing reasons like product quality, market conditions, or customer behavior. This article lists 18 common excuses and then outlines 18 mistakes that salespeople should avoid, emphasizing self-confidence, product knowledge, planning, and a positive attitude.
New DistributionNews Flash | Want Want's "New Fiscal Year" Results Released with Net Profit of 3.1 Billion; Watsons Enters the Alcohol Market; Nongfu Spring Invests in Major New Projects; Danone Launches New F4 Idol Bottles...
Today's top stories: Want Want's first new fiscal year results show revenue exceeding 20 billion yuan and net profit of 3.1 billion yuan. Nongfu Spring plans to build two production lines with a combined annual output of 1.939 million tons. Watsons opens its first digital concept store, introducing nearly 100 wine products. Danone launches new F4 idol bottles. Other highlights include new product launches and industry news.
New DistributionFor Work, Find Reliable People; Smart People Are Only for Chatting
Having interacted with many smart people, I've benefited from conversations with them, but when it comes to cooperation, those who are too smart prioritize their own interests above all, making long-term collaboration difficult. Reliability is crucial in both work and friendship, as it provides a sense of security and ensures tasks are completed without unexpected surprises.
New DistributionNews Flash | Coca-Cola Price Increase? Bottler Replies in 17 Characters; Hsu Fu Chi and JD Logistics Pilot 'Borderless Factory'; Walmart Closes Another Store! New Fruit and Vegetable Drink from Wei Chuan...
Today's top stories: Walmart closes its seventh store this year, highlighting challenges for traditional supermarkets; Yingshao Liquor adjusts prices; Niulanshan Erguotou faces investigation over alleged mislabeling; Hsu Fu Chi partners with JD Logistics for a 'Borderless Factory' pop-up; a self-service noodle machine appears in Shanghai; Coca-Cola bottler denies price increases. New products include Wei Chuan's 'Guozhizhi' vegetable-fruit drink and a Forbidden City zongzi gift box. Industry news covers Fonterra's deal with Lazada, UK sugar reduction targets, Whole Foods layoffs, and Valio's new China unit.
New DistributionFrom Zero Awareness to No.1: How P&G's Downy Created a New Product Miracle
Achieving both buzz and sales is the ultimate marketing goal for newly launched brands. After just one month of marketing campaigns, Downy became a new internet sensation in China, achieving a win-win in awareness, reputation, and sales, moving from awareness to purchase in one step. China's biggest trend now is consumption upgrade. To catch up with this golden decade of consumption upgrade, many new brands with new concepts, new technologies, and new lifestyles have entered the scene with high ambitions, but most have failed in their debut...
New DistributionJD New Distribution Sells in One Day What It Sold in 18 Days of Last Year's 618: Why Three Consecutive Years of High Growth?
From over 10,000 JD convenience stores participating in 618 to over 100 manufacturer roadshows across the country, from online ordering platforms offering direct discounts to opening 'online stores' for small shop owners... In just four days, JD's 618 hot topics continued to heat up. As JD Group's 'Locomotive No. 1 Project', JD New Distribution played a strong hand: data shows that on June 1 (as of 24:00), the effective order amount on JD Zhangguibao was approximately the total sales of the 18 days of the 2017 618 period, nearly the entire year's sales of 2016.
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