Wednesday, October 23, 2013

How to turn a tourist based retail store into an international business

Introduction Everybody knows that Hong Kong is a shopping paradise in the look of tourists. However, many a(prenominal) tourist- ground discount warehousings have been regarded as the thingmajig production line and rarely gain the attention of widely distributed public. With very little find oneself to succeed, Simon Kwok parlayed a 40 public square feet counter into a multimillion-dollar worldwide cosmetics empire, the SA SA INTERNATIONAL HOLDINGS LIMITED. The purpose of this farm over is to analyze the path to unconnected markets and the business strategies of the company. Background learning SA SA INTERNATIONAL HOLDINGS LIMITED is a leading supplier of debaucher and health products and services in Asia. Headquartered in Chai Wan, SA SA is a Hong Kong found international enterprise that have a business entanglement consists of 5 countries. The GROUP was established in 1978 by maintain and wife team, Simon and Eleanor Kwok. At that time, they found that cosmet ics specialty retentivity is not available in the Hong Kong market; only beauty counters in department and drug stores were conducting cosmetics and toiletries. The couple model that it had a great potential for this kind of business. Then, they invested 20,000 dollars to open a 40-square-feet store in the busy Hong Kong shopping district of provide Bay, and afterwards on, became a pioneer in the chain stores design to sell cheap cosmetics and toiletries by offering discount.
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Other competitors benefiting from this archetype embarrass Bonjour Cosmetics, Rainbow Cosmetics and Goodyear Perfume Centre. History of the company In 1986, M r. Kwok quitted his old suppose and engaged! all in all in SA SA knowledge with his wife. They introduced an innovative retailing formula based on pickax and convenience - the self-service and one-stop-shop concept. This idea was triggered during their supermarket shopping, self-service open shelves and be corner were set up passim the stores, allowing customers to touch... If you want to get a full essay, order it on our website: BestEssayCheap.com

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