日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Technology

Amid fierce competition, O2O biz in flowers blooms

China Daily | Updated: 2017-01-04 08:21

Amid fierce competition, O2O biz in flowers blooms

A bouquet of customized imported flowers like the one above sells for 800 yuan ($115) at Florantic. [Photo provided to China Daily]

Treating every day as your last is the secret to survive in the highly competitive florist market in Shanghai, according to Mo Chao.

Mo is the co-founder of Shanghai Florantic Network Technology Co Ltd. The six-person startup has no bricks-and-mortar store, but uses an online-to-offline, or O2O business model. Customers book flowers online and have them delivered to their door.

In 2014 spring, Mo created "Florantic" with his partner Yang Weihan as a hobby. They started the business by using preserved flowers to make customized handmade dresses for dolls.

They identified a great business opportunity in fresh flowers by the end of 2015. Then they left their full-time jobs to become fulltime florists.

Their business turned profitable after only four months in operation, with the profit margin exceeding 30 percent-a decent level to sustain a flower business. They set a revenue target of 20 million yuan for 2017.

Mo said: "Flowers are more like regular consumer goods than festive gifts, and we knew it was a good timing to catch the change."

The co-founders have both business-to-business and business-to-consumer models, or B2B and B2C models. Decorating venues for business events and banquets generates 80 percent of the company's revenue, as earning from a single event often exceeds 10,000 yuan ($1,440). But Mo suggests the future lies in individual customer deals.

The O2O business model can surpass the traditional model-in which flowers are transported from the farmer to wholesale dealers and retailers before finally reaching customers. The O2O model frees florists from the burden of shop rental, and enables them to simplify product chains, saving costs by reducing logistics procedures.

Yet, these startups are vulnerable to fierce competition. Persistence and the ability to change quickly are vital tools for a brand to last longer.

Amid fierce competition, O2O biz in flowers blooms

A man proposed to his girlfriend at a Shanghai garden well decorated with flowers from Florantic. [Photo provided to China Daily]

Florantic is unique, Mo believes, in forming an intimate long-term relations with target customers-fairly well-off people with enough disposable income to enjoy life.

Florantic collects customer life stories and every week they design a flower bouquet echoing the highlights of a particular customer story, and publish it with pictures of the weekly bouquet on its WeChat account. A bouquet is priced 199 yuan ($29). A monthly subscription of four weekly boutiques costs 699 yuan. Normally, the lowest price for a monthly subscription is 98 yuan in the market.

Mo said: "We want to show customers that flowers are not fast-moving consumer goods, but a reflection of life."

Additionally, Florantic rented an aged villa on the site of former Shanghai French Concession and renovated it into a garden to hold get-togethers for VIP customers. It has sought tie-ups with jewelry and brewery businesses. Customers can learn to appreciate jewels and enjoy beer in the romantic garden.

"The market changes totally every five months or so," said Mo. "Many florists fail to adapt to changes and perish, and meanwhile new ones are budding."

Florantic's ventures into new areas are increasing. After producing traditional Chinese festival packages of flowers and food, Mo is seeking cooperation with a café in the Shanghai New World commercial zone. The floral café will enter the popular shopping mall area and famous tourist attraction in January.

"The fittest will survive," said Mo. "And we will just go as far as we can see."

He Fei contributed to this story.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 日本免费黄色片 | 黑人巨大精品欧美 | 免费国产黄色 | 天天操国产 | 中文字幕高清在线免费播放 | 91黄色免费视频 | 欧美淫视频 | 五月天婷婷影院 | 中文字幕一区二区三区视频 | 日韩一区在线视频 | 午夜精品一区二区在线观看 | 91久久久精品 | 久久精品视频免费看 | 亚洲另类欧美日韩 | 国产剧情自拍 | 欧美一级欧美三级在线观看 | 91人人爱 | 爱爱网入口 | av免费在线观看网站 | av黄色影院| 瑟瑟网站在线观看 | 日韩欧美一二区 | 国产高清免费 | 亚洲第一成网站 | 欧美色图自拍 | 免费播放毛片 | 激情黄色片| 开元在线观看视频国语 | 国产a级片视频 | 蜜臀视频网站 | 国产艹 | 亚洲精品大片 | 欲望岛av | 激情综合五月 | 欧美区亚洲区 | 国产一级二级av | 色综合天天 | 成人午夜视频精品一区 | 九九av在线| 综合久久中文字幕 | 欧美偷拍视频 |