Shangxiajiu Pedestrian Street was the most prosperous place in Guangdong City in the 1990s. In fact, this street was officially named "Shangxiajiu Pedestrian Street" by the government until September 1995, but the name among the people was found since the end of the Qing Dynasty.

Given the commercial status of this street since ancient times and the unique Xiguan culture in Guangdong, after it was named in 1995, various honors also came one after another.

In 1996, he was awarded the title of "Youth Civilization Street" by the Central Committee of the Communist Youth League;

In 1997, it was named "Top Ten Tourism Scenery in Yangcheng-Xiguan Business Park";

In 1998, it was rated as one of the 15 national demonstration streets for "no counterfeit goods in 100 cities and 1000 stores" by the Central Propaganda Department and the State Administration for Industry and Commerce.

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In the 1990s, Shangxiajiu Pedestrian Street was the well-deserved commercial center of Yuecheng. How much traffic was? During the National Day in 1995, the baby bellyband with a unit price of no more than 5 yuan had a daily sales of 130,000 yuan, and a single-day sales of more than 26,000 yuan.

Although the status of Shangxiajiu Pedestrian Street was gradually replaced by other places due to the development of the overall pattern of Guangdong City, it was still the three prosperous commercial centers of Guangdong City with a daily passenger flow of 600,000 times.

So, Liu Qingfeng found a lot of places, but Xiong Baizhou decided to set up Zhoumei Electric Appliances' first flagship store here. Since he decided to deeply root it in the land of Guangdong City, it should be combined with this old street that can reflect the traditional culture of eastern Guangdong.

Although the price will be much more expensive!

"It's finally here, it's here." Liu Qingfeng wiped the sweat stains on his forehead.

Because there are too many people, it is both New Year's Day and Sunday, and when you walk, you are pushed forward by the people behind. It takes a lot of effort to stop. Xiong Baizhou was also worried that someone would fall behind. After clicking several times, he always found that there were few people. After a closer look, he found that Sheng Yuanqing was lost.

"This kid doesn't know where his eyes are. Don't worry about him. Let's go in first." Sheng Yuanqing has limited knowledge of business matters, and Xiong Baizhou is not worried that people like him will be abducted.

Daxin Department Store is a company that is preparing to relocate and not renew the lease.

"Do you know why Daxin Department Store doesn't continue to rent?" Xiong Baizhou observed the pattern inside and asked again.

Liu Qingfeng replied: "I asked the salesperson, some people said that the rent and cost were too expensive, and some people said that the boss had lost money elsewhere and was unable to renew such a large floor."

"How big is this?" Cen Jianbo, deputy manager of the advertising department, missed several collective meetings of Zhoumei Electric Appliances management because he did not work in Guangdong City before and wasted a little time when he was going through the resignation procedures.

He only thinks that the area here is very large, with 5 floors as high as that, making it the tallest building on this street.

"More than 5,200 square meters, the monthly rent is about 600,000 yuan." Feng Jingzhou replied.

He also contributed to the selection of this store. After comparing it horizontally and vertically with Yao Xinqun, deputy manager of the store management department, he found that the place is more advantageous in location, area, and even orientation, and they did not consider the price.

Because Xiong Baizhou said to them: "No matter the rent, just choose the store from the perspective of development."

This sentence has another meaning, which is that it will not be capped.

Although Xiong Baizhou promised, these two people actually made many plans. If the price in the end exceeds the budget too much, there are other options.

In fact, when Liu Qingfeng received this offer, he hesitated for a long time. Although the first month's sales of the first store exceeded 10 million, the actual profit margin was only 5%. In other words, Zhoumei Electric Appliances actually made only about 600,000 yuan, and it also required to reduce labor, salary, loss and other expenses. This made Liu Qingfeng feel that the steps to directly build a flagship store are a little too big.

When he threw out the issue of expenses, Xiong Baizhou was confident: "I know, so we have to go to the bank to take out a loan."

"Does the boss's idea mean to be a desperate gamble?" Liu Qingfeng suddenly felt this feeling. Not only him, but many Zhou Mei Electrical Appliances' management team have this idea.

"That's right." Xiong Baizhou admitted calmly: "This is not only a desperate bet, but also a desperate bet, and he will never give up until he achieves his goal."

Liu Qingfeng spoke, but Xiong Baizhou waved his hand and interrupted: "I know, are you trying to remind me not to put the eggs in the same basket?"

"Uh..." Liu Qingfeng was a little breathless. It was not easy to deal with such a strong and confident boss, especially when he wanted to convince him.

"This theory was proposed by James Tobin, the winner of the Nobel Prize in Economics in 1981. It reminds us to pay attention to preventing risks when investing, and not to throw all the funds into the same product. We should diversify investment and investment portfolios to minimize risks, right?"

Xiong Baizhou's eyes were like a torch, looking at these social elites who were much older than him.

Someone opened his mouth and wanted to say something but didn't know how to say it, because what Xiong Baizhou had finished speaking.

As for why the young Xiong Baizhou could know this theory, Liu Qingfeng not only blamed his talent, he also noticed that Xiong Baizhou liked reading very much. Maybe his accumulation all came from here?

Xiong Baizhou did not stop his speech:

"The sales of the first store are enough to say something. Now some goods are often sold out, which shows that the market in the home appliance retail industry is far from saturation. Even south of the Yangtze River, we have no competitors, so we must quickly occupy this large area and push northward."

"Everyone, the 200 square meter shop is too small. Sometimes I feel very anxious when I see it. The temple is too small and I can't stand the big Buddha Zhoumei Electric Appliances."

"The current situation is that the dragon traps the shallows, so we need to create a platform to let this hidden dragon come out of the abyss!"

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Xiong Baizhou has no way to prove the bright prospects of home appliance retail chain stores with others;

There is no way to describe how popular the upcoming vcd market and mobile phone market are;

There is no way to explain that companies like Zhoumei Electric Appliances will be an important platform for the development of the domestic electrical and electronics industry.

Finally, Xiong Baizhou only formed one sentence: "Believe in my vision!"

Those who have ambitions will succeed and make a fortune. The 12 Qin Passes will eventually belong to Chu;

If you work hard, God will never let you down. If you sleep on firewood and taste gall, you can swallow Wu with three thousand Yue Jia.

Liu Qingfeng was convinced and decided to do whatever he wanted to eat even if he had to do so.

The contract was finally signed smoothly, with a yearly rent of 7 million.

After returning to the office, many people were still dizzy, as if they were in a dream, but the banyan tree was so real.

Could it be that the 5,000 square meters store belongs to our Zhoumei Electric Appliances?

Thinking of this, my heart was filled with energy again.

The green plants outside the window were already brewing with tender leaves, but they were just waiting for a thunder in spring.
Chapter completed!