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2021 special report on Digitalization of physical retail in China – convenience store From Yiou think tank

The following is the 2021 special report on Digitalization of physical retail in China – convenience store From Yiou think tank recommended by recordtrend.com. And this article belongs to the classification: research report, network marketing.

“Z generation”, “sinking market” and “digitalization” will be the three core keywords for the future development of convenience stores.

“Numbers don’t lie. In fact, the development of convenience stores in China has just started. In the past five years, convenience stores have always maintained double-digit growth. However, from the perspective of horizontal comparison of the overall scale, the overall plate of convenience stores is still relatively small, and the devastating and overwhelming retail ‘afterwave’ continues to build up.” On January 26, China Chain Operation Association issued a document summarizing the development of convenience stores in 2020.

According to xueenyuan, executive director of convenience bee, “Z generation”, “sinking market” and “digitalization” will be the three core keywords for the future development of convenience stores.

Digitalization is of great significance to the development of the convenience store industry.

Externally, data is a monitor of external market changes, which can timely reflect the concerns and trends of the consumer market; Internally, it can be flexibly used to achieve standardized and refined digital operation of stores and form an effective operation scheme.

In addition, in the first half of 2020, the physical retail industry was seriously impacted by the epidemic, and the development of some series of online businesses based on Digitalization was not only beneficial for enterprises to extend their business scope and cover a wider range of people, but also brought about the rapid recovery of sales performance in a timely manner.

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