"If I recall correctly, our half-month opening 30 percent discount ends today. If we extend the discount for another half a month, won't we be able to keep the customers?" Dong Qikang said.
Xingwang Hotpot's stores are often located very close to those of Shuidilao Hotpot.
As long as Xingwang Hotpot continues its discounts, it can attract customers, and Shuidilao's business will surely take a hit.
Moreover, Xingwang Catering is a major brand in Hai City, with both affordable chain restaurants and high-end dining establishments, and it enjoys a very good reputation.
People were aware of Xingwang Hotpot's presence, and they were quite receptive to it.
Shuidilao is a new brand that no one knows. Attracting customers is going to be much more difficult than it is for Xingwang Hotpot.
Even with loss leader strategies, they might not be able to draw in many customers.
"Great idea," Dong Junjie said with a smile on his face.
...
January 16th.
Shuidilao had its grand opening.
