【正文】 ry website operated by VIP173。 To maximize the profit margins of private label products, retailers are required to work with manufacturers to develop and produce huge amount of products。 rural retail sales rose by % YOY to billion Yuan. ? Increased spending power of the urban households has been a positive driver for urban consumption. ? The per capita disposable ine of urban households reached 21,810 Yuan in 2022, up by % YOY in nominal terms and was percentage points higher than in 2022. The per capita ine of rural households amounted to 6,977 Yuan in 2022.Levin Consulting Confidential for Polaroid5September 2022B. Top retail players in 2022 (1) ? Top 10 chain retailers ranked by total retail sales in 2022Levin Consulting Confidential for Polaroid6September 2022B. Top retail players in 2022 (2) ? Among the Top 100s, department store operators had the largest average operating areas and generated the highest average retail sales per store in 2022. ? Convenience store operators, on the other hand, had the highest gross margin and average sales per square meter. ? Among the various retail formats, gross margin of hypermarkets was the lowest. Hypermarkets will seek to increase margin by shrinking the size of stores or relocating to remote areas.Levin Consulting Confidential for Polaroid7September 2022B. Top retail players in 2022 (3) ? In 2022, 79 of the Top 100 retail chains were domestic panies.? Most domestic retailers focus the operations in single province, except for a few home electronics players such as Suning and Gome. ? Domestic retailers such as Chongqing Commerce, Dalian Dashang Group and Shandong Commercial focus their operations in respective regional markets, which can be attributable to huge regional differences in consumer tastes, supply chain plexities and reliance on local government support.? Domestic players are gradually moving up the value ladder. They are now putting more efforts in brand building and are eager to provide better customer services. Some store operators have revamped their operation formats and rearranged their tenant mix to attract more customer footfalls. Some are investing to improve supply chain management. They are increasingly petitive in response to the strong foreign counterparts.Levin Consulting Confidential for Polaroid8September 2022B. Top retail players in 2022 (4) ? In 2022, there were 21 foreign enterprises in the Top 100 list, of which RT Mart ranked the highest, followed by Carrefour and Yum! Brands and Wal173。 UpdatesLevin Consulting Confidential for Polaroid2September 2022Market Trends amp。merce is set to continue its impressive growth in ing years. It is expected that retailers in China will pay increasing attention to m173。 proprietary brands usually target a specific consumer segment.Levin Consulting Confidential for Polaroid14September 2022F. Integration of online and offline? Gone were the days when Chinese retailers never thought seriously about their Inter strategies. Now many retailers view online retailing as one of their major sales channels and hope to accelerate the development of e173。branded products. They believe that branded products are generally of better quality. ? Brand building is thus a must to create distinctive brand image, to seek for differentiation and to deliver messages to consumers. ? Different brands should have different branding approaches。scale retailers in China. To enhance petitiveness and sustainability, many large173。supplier relationship has worsened over the years. Indeed, disputes between retailers and suppliers had led to a number of litigation cases in recent years and some renowned retailers were involved. Levin Consulting Confidential for Polaroid20September 2022K. Margin squeezed ? To win the customers, retailers often resort to ‘price173。 Founded in 1990, Suning Appliance is the leading pany in the industry of 3C(consumer appliance, puter and munication products) home appliance retail chain in China. 167。tier markets. 167。year to billion167。 operation profit = RMB 5,431,948,000 167。 167。conditioner, refrigerator, washing machine, color TV, Audio173。 167。 In addition, its automated storage and sorting warehouse for small goods in Nanjing was undergoing the final testing stage。365173。 Registered in on the Hong Kong stock exchange.167。 operation revenue = RMB 42,667,572,000。 operation revenue = RMB 29,806,000,000 (interim)。 167。conditioning in 2022 to promote its house brand。business in China. 167。 all the media in China regard Jindong as the next Alibaba in China, which has a high potential to bee the leading e173。 operation revenue = RMB 30,900,000,000。Feb)。 Jindong highlighted all the products in its stores are authentic and willing to take high penalty if customers find any counterfeit ones online167。 Jindong has warehouses in Shenyang, Xi39。 Jindong offers 14 days free return policy if the customers are not satisfied with the productsLevin Consulting Confidential for Polaroid51September 2022Jingdong 360Appendix: How to improve the emerce experience on by addressing the customer reviews part “Seagate Case” Levin Consulting Confidential for Polaroid52September 2022Introduce to the review part53167。psort=4According to the system, Seagate products receive an amazing high ratio of good ments/reviews. All the products “good review” ratio are above 90%, the highest one is 100%! And most reviews stay at 95% to 97% good and positive. That indicates Seagate products on make the customers very satisfactory and happy by its quality and price and general specification. Introduce to the review partLevin Consulting Confidential for Polaroid September 202260We click in the remended in Seagate products list is Raptor STAX500302 . The webpage on the right is a plete introduction of the products. This part allows consumers to remend and sha