Jindong in the eyes of Suning: Shop + Electric Business + retail service Provider

February 17, Suning Group convened the annual spring work deployment meeting, chairman of the Jindong speech content immediately on the network "exposure." At the meeting, Jindong said after three years of network business operation, Suning summed up the two point conclusion: first, the main business of electronic commerce should be the shop, and should not be the electricity business, regardless of the store or the electricity business, the essence of retail profit depends on the localization of the operation and services; second, the development of E-commerce by http:// Www.aliyun.com/zixun/aggregation/24095.html "> Retail companies dominate themselves, not by the power provider. E-commerce is the real economy is not a virtual economy, the virtual economy leading real economy will inevitably lead to bubble economy.

Since 2012, Suning line profit began to fall sharply, according to Suning July 31, 2012 released data, the first half of 2012, Suning appliances (002024, shares bar) operating profit of 2.175 billion yuan, the year-on-year decrease of 35.95%, The net profit attributable to the shareholders of the listed company is 1.745 billion yuan, which is reduced by 29.49%. Meanwhile, online revenue has doubled in the first half of the year. 2013, whether for Suning, or for other retail enterprises, E-commerce is more important than ever before.

Jindong said that at the end of last year, a real estate entrepreneur (Wang) and an internet entrepreneur (Ma Yun) made a small bet on the future of China's retailing industry. If according to this assumption, the next decade's consumer market, without diverting half of the sales, now all the retail enterprises will lose profits and viability. But the spectators are spectators, and the spring of retailing can only be created by retail companies themselves. The future of the retail enterprises, not only online, and not only online, must be the line under the perfect fusion, no line on the line, there is a line to have better online.

He said that in the past three years, from the shop to the electricity dealer, Suning explores its own technology retail road; The new year, Suning can not be alone, to the Chinese retail industry in the spring to make contributions to do line online retail service providers, "Shop + Electric Business + retail service providers, this is suning to promote the Chinese retail cloud business model."

Attached: Jindong's speech:

Fellow Suning colleagues:

Good morning, everyone! Today, the short Spring Festival holiday is over, the various systems, regional executives assembled headquarters to participate in the three-day group annual spring work deployment. On behalf of the group, I would like to extend my cordial condolences to the employees who struggled in the first line during the Spring Festival.

Senior executives, this year's deployment will be different from the past, we will be in the new model, the new organizational system, to promote the 2013 work. Suning two times started in 1999, the 2003 chain development into the fast lane; The new decade of Suning changes began in 2009, 2013, from the accumulation of internal experience, or external environment conditions, will be the development of the new ten years of Suning to enter the fast lane.

China's retail industry has millions of companies, hundreds of millions of people around the industry employment development. For a long time, commercial retail has not been particularly concerned about the agricultural era of food and clothing worries, naturally heavy farming light business, industrialization of early commodity shortages, must be heavy industry light business. The rise of commercial retailing is the inevitable result of the full development of industrialization and the relative surplus of production capacity. Now that China is entering the stage of domestic demand-driven and consumption-led development, retail enterprises are about to usher in their own spring.

Born in Sorrow, and die of happiness, retail companies must not wait for spring to come. As we all know, a real estate entrepreneur and an internet entrepreneur at the end of last year made a small bet on the future of China's retailing industry. If according to this assumption, the next decade's consumer market, without diverting half of the sales, now all the retail enterprises will lose profits and viability. But the spectators are spectators, and the spring of retailing can only be created by retail companies themselves. The future of the retail enterprises, not only online, and not only online, must be the line under the perfect fusion, no line on the line, there is a line to have better online.

In the past 20 years, suning from small to large, from the region to the country, always face competition. We deeply feel that the competition is eternal, constantly changing is the opponent and the means of competition. The new decade, not peers have become peers, not rivals have become rivals. In fact, this is not a challenge and competition for Suning, which is a challenge to the entire retail industry, which is geared towards all retail companies. Competition is not a bad thing, run the lion's antelope to reproduce, catch up with the Antelope Lion to survive.

As the industry practitioner, the leader, Su Ning knows, retail is no end of the marathon, dishonesty the slightest speculation. The retail trade seems simple, but the exchange of funds and commodities under the interaction of information. However, the retail industry has always been with the times, the internet era of retail, information into the network of transmission, the transfer of money into electronic transfer, the realization of automated goods matching. In the face of the changing trend of retail elements, obstruction is futile to the stop mantis, wait and see is appeasement of the warm water frog, the correct attitude is to master the change of the retail technology means, change themselves, participate in change, excellence self, leading change.

In the face of great interest temptation, specious arguments are overwhelming, it is understandable, in the face of the survival of the competition, Stag's views abound, is also predictable. The truth is better than eloquence in practice. After three years of network business operation, Suning summed up the two points of conclusion: first, the main force of E-commerce should be the shop, and not the electricity business, regardless of the store or the electricity business, the essence of retail profit depends on the localization of the operation and services; second, the development of E-commerce should be led by the retail enterprises, not by the electric business service providers dominate, E-commerce is the real economy is not a virtual economy, the virtual economy leading real economy will inevitably lead to bubble economy.

Senior executives, in the past three years, from the shop to the electricity business, suning exploration of their own technology retail road; The new year, suning can not be immune to the Chinese retail industry to contribute to the spring, do line online retail service providers. Shop + Electric Trader + retail service Provider, this is the Chinese retail business model that Suning wants to advocate. Over the next three days, the group will be fully deployed around the cloud business model, from organizational structure, annual planning, business strategy, and staffing.