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What are the factors that affect the hotpot restaurant market?

1. The influence of economic development on chafing dish

includes the increase of consumers' demand for chafing dish, the structural contradiction of existing chafing dish restaurants of various grades, the great promotion of social development and national policies and measures for the development of catering industry, the change of objective environment and the instability of consumption.

2. Social and cultural factors

Hotpot has a long history of development in China. Hotpot is open to the public and consumed at low prices. The taste is accepted by people in the north and south of China. It is understood that local residents like hot pot, such as clear soup hot pot, spicy hot pot, beef and mutton hot pot and so on.

3. Factors of site selection

Before site selection, you should be clear about your business scope and business orientation. The location of the store is a science, and many factors should be considered comprehensively. Consider your target consumer groups, such as: whether to face the mass consumer groups or the middle and high class groups. Then, we need to pay attention to the direction of passenger flow and avoid opening the store in a dead end with crowded traffic or a place with faster passenger flow.