Reborn since 1993

Chapter 676 Incubator

“The opening of the Oriental Times Shopping Mall has set many new records for domestic retail malls!”

"With a single-day customer flow of over 122 million and a single-day transaction volume of over 2684 million, the Oriental Times Mall has set a new record for domestic shopping malls!"

"I am a reporter from the magazine and personally visited the Oriental Times Mall. The Oriental Times Mall has adopted a new retail model. It is the first domestic mall to launch a seven-day non-damaged return policy, a price guarantee model, a price difference refund, and after-sales guarantee. It uses cost-effectiveness and high service to replace price wars!"

Wang Suizhou looked at the praise that Market Watch magazine gave to the Oriental Times Shopping Mall, and the praise was almost beyond words.

This is partly due to the public relations fees, but the fact that it is being praised so highly shows that "Market Watch" magazine is obviously very optimistic about the Oriental Times Shopping Mall, otherwise it would not have been praised so vigorously.

"Oriental Times Mall sold out 41 products in a single day, from mass-market clothing to luxury goods. Oriental Times Mall wants to create a one-stop shopping mall for food, clothing, housing, transportation, etc. to meet the needs of users with different needs!"

“Let the world see Chinese luxury!
Oriental Times Mall cooperated with many traditional craft inheritors to launch a domestic luxury goods store in Oriental Times Mall, with a single-day turnover of over 121 million RMB! "

Wang Suizhou looked through several newspapers including the "Industrial and Commercial Daily" and "Economic Daily", and found that almost all of them had reports on the Oriental Times Shopping Mall.

Although these newspapers have different focuses in their reports, they all mainly praise the opening of the Oriental Times Shopping Mall yesterday, which was really too crazy.

The scene of huge crowds of people just trying to enter a domestic brand shopping mall was reported by television stations, newspapers and other media, and everyone who saw the picture was shocked.

In the past, only foreign brands, like KFC when it first came to China and opened in Yanjing, and Yaohan when it came to Shanghai, would attract such huge crowds of people.

But now, when the domestic shopping mall industry is losing ground to Carrefour, Walmart, Aeon, Metro and Sam's Club, even Asia, once a giant in the domestic retail mall industry, is almost dying.

Seeing that the domestic retail market's discourse power would be controlled by foreign shopping malls and many domestic shopping mall suppliers would be subject to foreign shopping mall brands such as Walmart, Oriental Times Shopping Mall stood up!

Moreover, as soon as it opened, it set a new Guinness World Record, and its single-day transaction volume broke the new record for domestic shopping malls. Its performance was really too impressive!

The Oriental Times Shopping Mall obviously has no intention of following in the footsteps of Walmart and other shopping malls, but instead wants to go its own way!

It has never happened before for a domestic brand shopping mall to establish its own model, including before Asia, which actually "referenced" the models of foreign shopping malls but never thought of doing anything on its own.

Wang Suizhou looked at the reports about the Oriental Times Mall in the newspapers and magazines. He had not been to the Oriental Times Mall in person, but he could imagine the scene yesterday because the Asia Mall had also experienced it...

There was a flash of envy in his eyes, and finally he sighed, but gently put the newspaper in his hand aside.

Wang Suizhou doesn’t know whether the new model of Oriental Times Shopping Mall can be successful and become a new benchmark for the domestic retail industry.

However, Asia has no chance to change, nor does it have the chance to copy the new model of Oriental Times Shopping Mall. Wang Suizhou is not even sure whether Asia can survive until next year.

However, Wang Suizhou is certain that the Oriental Times Shopping Mall should survive many more years than Asia. There is no other reason, because it is backed by the Li family and Dongling Hi-Tech!
Wang Suizhou knew that as long as Dongling Hi-Tech was there, the Oriental Times Shopping Mall would have a chance to get back on its feet even if it failed once. It would not be like Asia, which could never get back on its feet after a failure!
……

"Many domestic home appliance brands, including Changhong, Haier, Hisense, Gree, Kelon, Lehua, and Midea, have announced that they will increase their cooperation with Oriental Times Mall!

The opening of the Oriental Times Shopping Mall has boosted the sales of many domestic home appliance brands in Hanxi! "

At the Gome headquarters in Yanjing, Boss Huang was watching the news reports on TV. The scene of long queues entering the mall shocked Boss Huang.

Today's Gome is still stuck in Yanjing and has not been able to get out of Yanjing, but it has become Yanjing's largest electrical appliance chain and has opened many stores in Yanjing.

"The competition in the electrical appliance industry is getting more and more fierce. In the south, Wanjia Electrical Appliance City has opened several chain electrical appliance malls!

There are also Jinling Suning and Dazhong Electric Appliances. Time is running out for Gome!"

Boss Huang has not yet reached the level of the electrical appliance emperor. Boss Wang of Wanda reported that his famous scene of drinking tea has not appeared yet.

But Mr. Huang's ambition could no longer be concealed. Gome now relied on price wars to conquer the world and overwhelm its competitors to occupy the market. However, after seeing the scene at the opening of the Oriental Times Mall and hearing rumors about it, Mr. Huang knew that if Gome really encountered the Oriental Times Mall, it might not be able to win the price war.

Coupled with competitors such as Wanjia Electrical Appliances City, Suning, and Dazhong Electrical Appliances City, Boss Huang also felt a little anxious.

He felt that if Gome continued to stay in Yanjing, it would probably be defeated by these opponents in no time.

"Next year, Gome will move beyond Yanjing!"

Boss Huang made the final decision and told his generals that he was going to move Gome out of Yanjing and start grabbing territory.

……

And if these previous reports only made shopping malls and companies in the home appliance industry pay attention to the Oriental Times Shopping Mall, then the emergence of a piece of news completely ignited public opinion and made many cities turn their attention to the Oriental Times Shopping Mall.

"Our station's Hanxi reporter reported that the Oriental Times Mall opened, inviting many celebrities and overseas stars to participate. On that day, it attracted domestic and overseas tourists. More than 67 people entered Binh Duong, including more than 1257 overseas tourists.

The Binh Duong Tourism Administration announced that due to the influx of tourists from other places into Binh Duong, the three-day cumulative revenue from attractions, transportation, accommodation, hotels and other sources exceeded nearly 60 million yuan, exceeding the average revenue of Binh Duong over the past years during the Spring Festival by more than %!

There was no concept of tourism at that time, and there was no such crazy city as Erbin, which raked in 6 billion yuan in three days. However, Pingyang relied on these tourists to stay, eat, play and shop locally, and made 100 million yuan in revenue in three days. Even in this era, it is still shocking!

Wanda boss Wang, who had just returned home from a dinner party and was drunk, turned on the TV and saw the central media's financial channel reporting the news about the Oriental Times Shopping Mall.

“The Oriental Times Shopping Mall is not just a shopping mall. Its opening itself has provided more than 2,000 jobs for Pingyang.

This time, its opening ceremony, overseas football stars standing, fireworks show, etc. attracted many tourists and the single-day transaction volume exceeded 26 million.

If it can maintain such performance after its official opening in the future, the Oriental Times Shopping Mall will become the shopping center of domestic malls!

It will probably become the first shopping mall in China with an annual transaction volume exceeding RMB 3 billion or even RMB 4 billion!"

An expert invited to the central media's financial channel was analyzing the Oriental Times shopping mall.

Wanda Wang's boss, who was a little drunk at first, had completely sobered up when he heard this, and was staring at the news on TV with wide eyes.

Wanda is now still focused on building buildings. Boss Wang has also set up a football team and is preparing to make a big splash in the football world. As for shopping malls, Boss Wang has not thought about it yet.

But the news about the Oriental Times Shopping Mall really shocked Boss Wang. It was beyond his expectation that a shopping mall could make so much money.

Not only about making money, the news about the Oriental Times Mall made Boss Wang think about jobs, taxes, and other aspects, as well as the local city government's achievements!
He couldn't help but think, if Wanda also built a shopping mall, created jobs, taxes, and political achievements for the local area, then if Wanda wanted to obtain land, loans, etc., would it be able to get a green light all the way in the local area? !
When he thought of this, Wanda boss Wang couldn't help but start to get excited. If this plan was really feasible, then Wanda would have its own way of playing. In the future, there would be a shopping mall, and there would be land that Wanda couldn't get, and houses that couldn't be sold?

The economic expert on TV was still talking, "In the future, tourism may become one of the important resources of some cities. There are precedents abroad.

Some foreign cities, such as Bali, Venice, Barcelona, ​​etc., rely on tourism to bring in a lot of income every year..."

The news reported by the central media's financial channel has stimulated countless people, companies and even cities, making many people "suddenly enlightened". It has also caused many cities to rush to send invitations to the Oriental Times Shopping Mall, wanting to pull the Oriental Times Shopping Mall over and replicate the "miracle" when the Oriental Times Shopping Mall opened!
Think about it, how many cities can earn 211 million in three days? You know, among the top economic cities in China, Luzhou’s GDP this year is only billion. You can see how attractive the Oriental Times Mall is to these cities!
If the Oriental Times Shopping Mall is moved there, thousands of jobs can be created, a shopping mall with a transaction volume of billions, a large amount of tax revenue can be generated, and it may even increase tourism revenue. This is simply the political achievement incubator that all city government heads dream of. Which city government would not be tempted?
……

"Director Zheng, don't worry. I will definitely convey your intention to our General Manager Li. As long as the Oriental Times Mall opens a new store, we will definitely give priority to your place. Don't worry!"

At the stadium of Pingyang University, Zhang Xiahai, general manager of Oriental Times Shopping Mall, once again hung up the phone that had rung for who knows how many times, and then spoke helplessly to Li Dongling who was standing beside him.

"It's a call from the Shangdu Investment Promotion Bureau. This is the seventh city investment promotion bureau that has invited the Oriental Times Shopping Mall to open a store today!"

There was helplessness in Zhang Xiahai's words, but his expression was somewhat excited. The fact that so many cities were vying to attract the Oriental Times Shopping Mall was enough to prove how popular the Oriental Times Shopping Mall was.

There has never been a shopping mall that could cause such a sensation before!
(End of this chapter)