Guanzhan Designing a New Retail Business Model Chunmian Ge Junhui Jiang Xiao Xiao Binger Lin Ning Su
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In the beginning of our market research, we decided to design a new retail business model that targets the Chinese middle class. Our primary focus was to create a business that would provide high quality products at affordable prices, with an emphasis on convenience. We identified the following business models that met our requirements: 1. Wide Range Of Products – We wanted a business model that could provide a wide range of products that would cater to a large segment of the Chinese market. Our product portfolio includes food products, home goods, electronics, and fashion items.
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Chunmian Ge (CG) is a state-owned enterprise in Guizhou Province, China, with a long history of more than 100 years. In recent years, the company has been facing challenges due to competition from big-brand retailers, a declining sales market, and a shift in consumer behavior. To overcome these challenges and stay ahead, the company must develop a new retail business model. This case study provides insights and recommendations for the company to achieve its objectives. CG is a high-
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GUANZHAN is a new technology retail platform with a business model of retail as a service (RaaS). Our retail platform can serve as a “hub” for various retailers, including hardware manufacturers, automotive parts suppliers, and small and medium-sized enterprises (SMEs). We aim to build an integrated retail platform that enables users to easily find, purchase, and enjoy retail services, including the delivery and installation of hardware, automotive parts, and SME services. Our retail