Chapter 638 Visiting Wal-Mart Supermarket
In 1987, Walmart had more than 1,500 stores, with annual sales exceeding US$30 billion.
The slogan of "Everyday affordable price" directly made it the largest retail company in the United States.
And in the next few decades, it has been ranked first or second in the Fortune 500 companies, with revenue reaching more than 150 billion US dollars in 2020.
Such a thick thigh is worth a hug from Chen Xia. At least before Chen Xia has no strength, he must use external forces, and there is nothing to be ashamed of.
Chen Xia's arrival was warmly welcomed by the Walton family, especially when he knew that he came to the Milton Country this time, mainly because of the Mayo Clinic visit and cooperation, he was even more impressed by him.
This feeling is like a poor relative from the countryside.
If someone comes directly to your house and says he wants to get some relief or eat and drink, although you may be enthusiastic, you will inevitably underestimate it in your heart.
But when this relative says he is coming to the number one hospital in your region as a visiting scholar, the relative's grade will be different.
In the bad country, lawyers and doctors have a high status, especially in the Mayo Clinic, where the rich have only one life, and of course they need the protection of doctors the most.
Just like if Old Sam hadn't met a ship of doctors at sea, he might have already opened a convenience store in heaven.
The Walton family did not hold a welcome party. Instead, they held a family party at home to welcome Chen Xia's arrival.
In European and American countries, this kind of privately invited family dinner means treating the other party as his own family, which is the highest etiquette.
Chen Xia was a little familiar with him. When she saw that she was so enthusiastic, she immediately let go.
Even when Mrs. Sam was about to cook in person, Chen Xia stopped the old lady and said that she could give everyone an authentic Chinese "hot pot".
He also learned experience at Wellington Hospital. If he wanted to get people closer, nothing was more suitable than food. If one meal was not enough, then two meals.
Chen Xia’s space is short of any ingredients, old Beijing hot pot and wood charcoal are not short of. Even the hot pot base is ready-made. One spicy and one with a clean and hot pot flavor.
As for side dishes, this is not simple? They only run supermarkets at home, and vegetables, meat, seafood, and fungi are not a problem.
Chen Xia just took out the dipping sauce, some meatballs, shrimp slips, etc., which was made from "Dong Laishun" and "Sichuan Hot Pot", and it is definitely guaranteed to be authentic.
The meal made the Walton family feel excited, especially the spicy hotpot, which is more popular among young people.
If you really feel uncomfortable when you eat it, just give a few tablets of omeprazole, and you will be able to produce and sell it yourself. Haha.
After the meal, Chen Xia gave each woman in the Walton family a string of jade necklaces.
No woman could refuse the temptation of getting this gem, which attracted everyone to applause, and even Alice Walton held Chen Xia and refused to let go.
Ahem, Chen Xia is so embarrassed. This is all in front of the whole family. Can you come to the room to hug when there is no one in the middle of the night?
The next day, Robson Walton personally accompanied Chen Xia to visit the local Walmart supermarket.
I have to say that the Walmart supermarket in 1987 actually had the appearance of Chen Xia’s memory of the supermarket, such as the placement and layout of goods, price tags, sales promotion ladies, etc.
Robson Walton took Chen Xia to the clothing area, pointed to some clothing and hoodies and said:
"Look, Chen, these are textile products produced by your company. Because your quotation is half of others, our retail price has also been reduced a lot. Now your products are very popular, with very good sales and great quality."
Chen Xia picked up a long-sleeved T-shirt and looked at it. The price on the label was $8.
"Robson, now other suppliers, are there any cheaper prices than our offer?"
Because this kind of labor-intensive commodity has no technical content, the most common thing is price competition. Chen Xia is afraid that others will follow the price to lower the quotation and grab business.
Robson Walton said with a smile:
"Your quotation is half of others, how can others reduce the price? Haha, I can't find a product that is lower than your quotation and can guarantee high-quality."
Chen Xia felt a lot more relaxed and said with a smile:
"If someone quotes are lower than ours, you must tell me that even if we don't have profits, we can't let Walmart suffer."
Robson Walton patted Chen Xia on the shoulder:
"Chen, you are not only a good doctor, but also a good person and a good partner. Don't worry, your orders are fine, we will become a long-term partner."
Then Chen Xia visited some small hardware, department stores, and some arts and crafts and other home accessories shelves, and also looked at the prices carefully.
For example, a blue ball, Chen Xia saw a price tag of $20.
A simple sunflower decorative painting imitating Van Gogh actually costs $15.
Chen Xia couldn't help but murmur: "Isn't this just a printed product, with a wooden frame on it, it's so expensive."
After some investigation, Chen Xia firmly decided that his plan to acquire those light factories in Yuezhou and export the small commodities produced to the moldy country was completely feasible, and the profit was quite considerable.
For example, the sunflower decorative painting, Walmart's purchase price may be about $12, even if the price is half, or $6, it will reach 20 yuan if it is exchanged for RMB.
According to Chen Xia's previous calculations, the cost of these simple materials, combined with manual and machine depreciation, will not exceed RMB 4 in Yuezhou.
After going around, the profits are amazing.
Moreover, the sales of such small commodities are very high, and they are the most labor-intensive, requiring a large number of workers.
Others are afraid that labor costs will reduce profits, so they think about machine automation, production flow, etc. all day long.
A more unscrupulous boss will let a worker do two people's work, but only get one salary.
But Boss Chen is doing business just to recruit more workers and let more people work for him so as to become a "hostage" for self-protection? These are not problems.
So this business is very suitable for Chinese people.
Because the cost in China is too low, so few decades later, Walmart Supermarket directly established a global procurement center in Shenzhen City, mainly to purchase small commodities suitable for supermarkets from the mainland.
Chen Xia made up his mind, pointed to the small items on the nearest shelf, and smiled and said to Robson Walton next to him:
"I have a suggestion that if I can supply these products to you at half of your purchase price, can you purchase my products."
Chapter completed!