We're building a super chaebol in Hong Kong
#262 - Authorized franchise stores
Su Cheng left the bookstore after browsing for a while.
Ultimately, Su's Group's strength in Europe and the United States was still too weak. These products couldn't be popularized in a short period of time; otherwise, they would definitely be even more popular.
The English version was very simple, and even translations into other languages weren't difficult.
Comics don't have much text to begin with, so translating them into various languages wouldn't take much time.
However, sales channels were a problem.
Currently, Su's Group only covered sales channels in places like Hong Kong, Macau, Taiwan, and Singapore.
Beyond that, places like Dongying were out of reach.
Yu Xing was still working on the European branch, but it would take time.
In the United States, even Hutchison Whampoa's sales channels weren't strong, let alone Su's Group.
The Oracle brand experience store was a good channel, but there were still too few stores, with only 10 chain stores worldwide.
When the Oracle brand experience store had thousands or tens of thousands of stores, spread across major cities around the world, then selling anything would be a very simple matter.
However, wanting thousands or tens of thousands of stores required not only a large amount of capital but also money!
Therefore, Su's Group and Hutchison Whampoa Group working together could speed things up.
After leaving the store, Su Cheng started walking back.
It was almost dinnertime. He had arranged to have dinner with his subordinates at the Ban Yue Restaurant at 6:30. As the boss, it wouldn't be good for Su Cheng to be late, especially since he had suggested it himself.
As he approached Ban Yue Restaurant, Su Cheng suddenly thought of a way to quickly expand the store network without spending his own money and even making money!
That was to authorize franchise chain stores!
If the Oracle brand experience store was opened to the world through franchising, it could quickly cover many markets without spending a single cent of his own money.
Moreover, franchise fees could be charged. Su's Group and Hutchison Whampoa Group only needed to provide the products.
To prevent them from messing up the Oracle brand experience store's reputation after franchising, a supervisory team could be formed. As long as they were well-regulated, there wouldn't be any problems.
At that time, the Oracle brand experience store would gradually be divided into two models: self-operated and franchised, with self-operated being the main focus and franchising as a supplement, completely expanding Su's Group and Hutchison Whampoa's sales channels to the world.
Then, would there still be a fear of not having sales for their own products?
Thinking of this, Su Cheng decided that when he got back later, he would call Wei Li and Yang Chaoye to discuss this concept with them and have them improve the model.
Once the authorized franchise model was rolled out and global recruitment of franchisees began, the number of Oracle brand experience stores worldwide could reach hundreds or even thousands in just one or two months.
At this time, the issue of product production capacity would need to be considered. If the production capacity couldn't keep up, opening more stores would be useless.
Therefore, even when engaging in franchise chains, thorough preparations had to be made.
When Su Cheng arrived at Ban Yue Restaurant, everyone except Zhang Qizheng was gathered outside the entrance.
Naturally, they wouldn't dare to make the boss wait, so they had all arrived early with a tacit understanding.
Su Cheng looked at the time. It was still two minutes until 6:30, so he said to them, "Let's go in and open three private rooms. Everyone can order whatever they want, but don't waste food."
"Thank you, Boss!" The subordinates cheered and walked into the restaurant one after another.
At this time, Zhang Qizheng hadn't arrived yet, probably because his relatives had kept him for dinner. After all, Zhang Qizheng now lived in Hong Kong, and it wasn't easy for him to come to the United States, let alone San Francisco, so it was a rare meeting.
Ban Yue Restaurant was a Cantonese restaurant that served quite authentic food.
By the time Su Cheng and the others finished eating, it was already 7:30 in the evening.
Seventy-something years old was already knowing one's destiny. This situation was very normal.
Su Cheng nodded and said, "Then let's go back to the hotel. We'll go to Los Angeles tomorrow," Su Cheng said.
The reason for going to Los Angeles was, of course, for Nami Entertainment.
He had secretly spoken with several shareholders of Nami Entertainment through intermediaries, and two of them were willing to sell their shares to Su Cheng.
These two shareholders' shares accounted for about 10% of Nami Entertainment's stock.
This amount of stock was at a reasonable price, and Su Cheng accepted it without hesitation.
Since he had already come to California and San Francisco wasn't far from Los Angeles, he might as well go.
Moreover, Jodie Foster was also in Los Angeles, so he might as well go and hang out with her, which would also show sincerity.
Although there were many Chinese people in San Francisco, he had no relatives or friends to worry about.
Therefore, once the Intel matter was resolved, it would be time to leave.
Intel had already issued an announcement this afternoon that Su Cheng would serve as the chairman of Intel's board of directors, so, barring any accidents, this announcement would definitely become a hot news topic in tomorrow morning's media.
After all, Su Cheng's identity was too sensitive at this time.
It not only involved Oracle Computer Company, but if someone dug up old accounts, they would also discover that the wealthy man who invested tens of billions to buy crude oil before was him.
Therefore, if these media outlets wanted to find a hot topic for traffic in the future, it would be very simple. Su Cheng was the best source of traffic.
In the future, he would let them handle Intel's affairs themselves. Su Cheng didn't plan to interfere too much.
Although he was now a major shareholder, he had only spent $3.06 million. Even adding the $900,000 he had lost before, the total investment was less than $4 million.
This amount of money was nothing to Su Cheng.
He also trusted the abilities of Robert Noyce, Gordon Moore, Andy Grove, and others, so there was no need to interfere too much.
In the future, after Intel stabilized, he could send a financial person representing him to be stationed and supervise, and that would be enough.
As for how far Intel could go in the future, he would let it take its course.
Intel was not solely funded by Su Cheng. He couldn't pay too much attention to it.
Even Su's Group and Hutchison Whampoa Group, which had already been privatized, were his solely owned enterprises, and he rarely intervened personally, let alone Intel, in which he only had a 57.75% stake.
Moreover, as Intel developed, the required funds would become larger and larger, and it would inevitably reach the stage of financing.
At that time, if he didn't invest, his 57.75% stake would also be diluted and become smaller.
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