InvestorsHub Logo
Followers 0
Posts 1158
Boards Moderated 0
Alias Born 01/17/2007

Re: breezin_chs post# 81357

Thursday, 12/13/2007 10:24:24 AM

Thursday, December 13, 2007 10:24:24 AM

Post# of 143047
breezin_nyc excellent post on Good Life potential

Haorizi/Good Life is outbanking the banks in the rural areas, IMO.

The international banks are looking at the "deposit-gathering and lending possibilities of a nation with a $9.9 trillion spending power."

Great, we should welcome the competition and the awareness.

Madame Dongmai Jia seems to be maximizing the real estate within thousands of stores by forming micro-banks ... insurance, small loans, etc.

Talk about staying close to your customer:

"In addition to traditional retail sales, each store also features a membership option for its customers. Members can order products online via the Company’s web-enabled ecommerce website (http://www.huozhan.com/). Deliveries can be made to customers within a 1 kilometer trading area around each store, or retail products can be ordered for pickup at a local franchise store.

This membership concept provides a powerful tool to cross-market products and services well beyond the traditional offering of a convenience store. In rural areas, farmers can order farm input supplies and products, and Good Life will be expanding into new areas in the short-term, such as farm crop insurance, small loans etc."