Guanzhan Designing a New Retail Business Model Chunmian Ge Junhui Jiang Xiao Xiao Binger Lin Ning Su
Problem Statement of the Case Study
The current retail market in China is overcrowded with retailers and there is a great demand for new retail businesses in China. This case study aims to explore a new retail business model that combines a mix of traditional and modern retail in an effort to attract new customers and create long-term customer loyalty. Guanzhan, a Chinese technology company founded in 2012, is a leading player in the e-commerce market in China. It was founded by a team of entrepreneurs who recognized the need for a new ret
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Guanzhan Designing a New Retail Business Model Chunmian Ge Junhui Jiang Xiao Xiao Binger Lin Ning Su is a Chinese billionaire who has achieved success through innovation and creativity. his response He is the co-founder of the retail company, Sunrise, which has grown to be the most popular chain in China. This case study explores Guanzhan’s business model, challenges, and how he has overcame them. Background: Guanzhan’s family has a background
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Guanzhan is a successful designer, known for his innovative fashion and interior design concepts. His passion for designing began in his early childhood, and he pursued it professionally after completing his studies at a renowned design school. After graduating, Guanzhan began working for renowned fashion designers, but his real breakthrough came when he worked for Chunmian Design Co., Ltd, a fashion brand in Shanghai. Chunmian Design Co., Ltd is one of China’s biggest designer brands, known for its modern and ch
Financial Analysis
Financial Analysis: Company Overview: Chunmian Design, founded in 2010, is a multi-brand apparel retailer that operates more than 10 stores in 24 cities across China, with a net revenue of more than $300 million. The company’s key business strategy is to provide high-quality, affordable fashion clothing for a diverse customer base while maximizing revenue by maximizing sales. Management Team: The company’s top executives are Zhao Yan, the
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As I have read about Guanzhan, I am fascinated by its innovative business model. The company provides a unique concept in the retail industry— the “Chunmian Ge”, meaning a “three-tier-store”, where customers can have the choice to buy a simple product, a luxury product, and a branded product (such as a watch) at the same store. This concept significantly differentiates Guanzhan from other players in the market, especially for retailing luxury products. In my experience, the “Chunm
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Guanzhan is a large conglomerate with a diverse portfolio of businesses and interests, including food, energy, fashion, logistics, technology, and finance. As of 2018, its net revenue was approximately $50 billion, making it the largest private company in China. The retail business, however, has been declining over the last several years. I have been in the retail business for over 10 years, and I have seen first-hand the declining performance of our stores. There are several
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In 2018, the Chinese government released a new set of measures, the “Guanzhan Retail” framework, to promote the revitalization of abandoned shopping centers. The framework aims to encourage the construction of new shopping centers and revitalize existing ones. Guanzhan, in Mandarin, means “transform.” This is a clear indication of the focus on revitalizing failed shopping centers, and the hope that Guanzhan will lead to the revitalization of shopping centers across China. The following section
PESTEL Analysis
The new retail business model is a strategic initiative for Guanzhan, with a vision of becoming a retail leader in our industry by 2025. This requires a new approach to our business model, customer focus, and operations. The key challenges to be addressed in the new business model include identifying our target audience, developing new and different business models, optimizing customer journey, and creating a culture of continuous learning. Targeting New Business Models: 1. Consulting services as a new revenue stream: We will