After the reception, Feng Yu saw that girl holding Kirilenko's arm as they left. His jaw dropped so much that one could stuff an egg in it!
Is this girl not some tycoon's daughter? She is just an outsider? But Feng Yu does not want to interfere. Kirilenko had brought his bodyguards with him, and nothing will happen to him.
The next day, a refreshed Kirilenko came to Feng Yu's office to discuss cooperation. Kirilenko's assets had increased by almost four times, and he does not know what to invest.
In his heart, he felt that working with Feng Yu is the best option. He does not need to put in too much effort to make money, and the profits are not low.
"Brother Ki, I remember you told me that you are also in the retail business?" Feng Yu asked after taking a sip of his coffee.
"That's right. But I am mainly in the retail of imported products, including Hua Xia, Western Europe, and American products. As for our country's products, I seldom sell them. "
Only retail of imported products? It was probably developed from the original trading company. China's products are not as popular in Russia, and Kirilenko started to import other products. This is a good idea.
"Brother Ki, do you have your own physical stores?"
"Yes, but not many. I am mainly in the wholesale business, but I am working with many retailers. If you have any good products, I will spread them to all of Russia, including Ukraine, Belarus, and other Eastern Europe regions. "Kirilenko patted his chest and promised Feng Yu.
Kirilenko thought Feng Yu has some good products to sell, as long as it is not a beverage.
"Brother Ki, do you have any big supermarkets in Russia?"
"Yes. Currently, there are two supermarkets. But they are not as good as your Tai Hua Hypermarkets. They are only selling daily necessities, and their business is doing well. Are you asking me to set up supermarkets? No, no. There are already two big supermarkets, and the major cities are occupied by them. It's too difficult to set up supermarkets. "Kirilenko waved his hand.
Last year, when Tai Hua Supermarket Corporation was very popular, Kirilenko had asked his men to research it. But Russia already has supermarkets, and all the good locations were occupied by others. Unless Tai Hua Supermarket Corporation develops from less developed cities, it will be meaningless.
Going to those small cities to develop might be profitable, but it was not in line with Kirilenko's character. He was Russia's number one importer and wholesaler. How could he learn from others?
"Brother Ki, that is because you did not find the right location. They specialize in daily necessities, and you can focus on supermarkets that focus on imported products. "
"Imported goods supermarket? Are you saying that I only sell imported products? "
"That's right, we only sell imported products. Don't worry, I know that some of your local Russian products are very popular, but those products are also produced in Ukraine. Doesn't Belarus produce it? If he bought it from them, wouldn't it be an imported product? Isn't the tariff between the two of you very low? The cost would not increase by much. Besides, those products are just to enrich the variety of products in your supermarket. They are not the main products. "
"Then what's our main product?"
Feng Yu rolled his eyes. "Of course, it will be products imported from Asia, Europe, and the US. For example, electronic products, food, clothing, books, daily necessities, etc. Just these imported products are enough for you to set up a supermarket. "
"Can we make money from this?" Kirilenko hesitated.
"Are you making money from your wholesale business? Are those retail businesses not making money? Many of those imported products are very popular in your country, right? Just look at our Tai Hua Supermarket's imported food section, and you will know the profits. "
"How much is the investment?"
"I suggest buying the property or renting it. But if there are any problems, your store will be affected. If you move the store, you will lose a lot of customers. Also, you need to invest in the inventory, shelves, etc. It will be even better if you have your own logistics company. If you want to get everything done in one go, it should be around 3 billion USD. "
"3 billion USD? So much investment? It's only retail. How much can the profits be? Even if we are selling imported products, there are still two other competitors. "Kirilenko was shocked. This investment was too much.
"Wait for me to finish. This 3 billion USD includes 100 supermarkets and a large logistics team. If possible, I suggest you buy a cargo plane. This way, your products can reach your country's major cities in the shortest time. Of course, this also includes other major cities in Eastern Europe. "
"Wait. You are saying that we will set up supermarkets in all the major cities? 100 supermarkets? That's too much. How many supermarkets do you all have? It's been years. "
"Tai Hua Supermarket Corporation plans to set up 50 Hypermarkets next year, and we estimate the number to reach 300 within 5 years. This will be a monopoly. Furthermore, I am not asking you to invest so much at one go. You can split the investment into several installments. "
"Are supermarkets really so profitable?"
"Of course. Also, the supermarkets can settle their accounts on a monthly, quarterly, or even yearly basis. This way, the supermarkets will have a lot of cash in their accounts. This will lower the risk of your other investments. You don't need to worry about cash flow."
Supermarkets were a cash-rich business. Because of the chain's scale, the supermarkets had more cash than the casinos.
No one had ever heard of a regular supermarket running short of cash!
"Then why do we need to set up such a huge logistics team? You still want to buy cargo planes? Even if I can afford the cost of the cargo planes, how much can I earn from the transportation? "
"That's because you do not have enough orders. What if you have enough orders? Have you heard of online shopping? "Feng Yu was acting like an Amway salesman in his previous life. His expression and tone were on point!
"Online shopping? What is that? "Kirilenko was confused.
"It is to order some products online. You know about phone orders, right? This is just changing from phone orders to online orders, and there are pictures of the products online. It will be more clear. Also, there will be more products than those phone flyers. "
"How are we going to pay?"
"You can pay when you receive the goods. You can also contact the bank and use the online banking system to pay. This model had just started in the US, and Europe does not have it yet. If we can do this well, we will be able to dominate the entire European market. "
Feng Yu was exaggerating, but in his heart, Kirilenko felt it was impossible. When something new appears, and there are no protection mechanisms, others will easily copy it. But Feng Yu believed that it should not be a problem to take over the Russian speaking countries in Eastern Europe.
"Will people believe in selling things online?" Kirilenko was still doubtful.
"That's why we need to pay when we receive the goods."
"What if they don't pay when they receive the goods? We will be giving them to them for free. "
Feng Yu raised his brows. Ah … Brother Ki's brains are not for naught. He had thought of this.
… …
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