Multiplying effective retail chain stores

Friday, June 16, 2023 20:52 (GMT+7)

TTH.VN - On the afternoon of June 16, the Community of Connecting Small, Micro, and Business Households in Vietnam (OBC) in the province organized an exchange program with speaker Phung Thanh Ngoc, an expert with 16 years of experience in the field of retail and developing retail chains in Vietnam. The exchange attracted the participation of many businesses in the whole province.

At the exchange session, businesses in the province were shared by speaker Phung Thanh Ngoc, analyzing lessons learned from Vietnamese brands in building chains of stores, along with accurate instructions through questions and concerns of participating businesses. Thereby, helping each business owner to compare with their business model, thereby gaining more useful knowledge in business development strategies to expand the market.

In particular, the speaker spent a lot of time sharing the revenue generation formula with 7 basic components such as important factors that bring in revenue; How to package products according to each specific sales target; steps to standardize stores to multiply the chain; 4-step process to determine competitive advantages; weaknesses to avoid when doing chain business, helping businesses to apply to increase profits when participating in retail chain stores.

News and photos: HAI THUAN

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