Some people may not understand why the subject said that Pangdong came to engage in hot pot. This is mainly because Pangdong's business philosophy is very similar to that of Haidilao, which is to ensure high service quality. But one thing is different: Haidilao supports high service at a high price, while Pangdong is cheap.

First, the difference between Fat Donglai and Haidilao

First of all, from the perspective of the industry, one is engaged in retail and the other is engaged in catering, but the services they provide to customers are very similar, that is, to achieve the ultimate. Feidong's service is good, but the price is not high. This is mainly because the people in Fat East are efficient and rank first in the industry.

Haidilao guarantees high-quality service through high prices, but there are many waiters and the labor cost is relatively high. Fat people come from the east to win by quantity. Initially, the retail industry was very sensitive to price. No matter how good your service is, the same goods can't be more expensive than others. But the catering industry is different. It sells not only food, but also environment and services.

Second, can Fat Donglai make hot pot?

I think the answer is yes, because catering and retail have one thing in common, that is, management is very important. Pangdong has money and knows how to operate. As long as you find the right person, making hot pot can't be bad.

However, I don't think it's possible for the fat people in the East to survive the sea fishing. This is mainly because the pattern and standardization of Haidilao is obviously better than that of Pangdonglai. The main area from Fat East is still in the third-and fourth-tier cities and has never left Henan. Although the service is very good and grounded, not everyone in every city benefits. The service orientation of Haidilao is obviously higher, which also determines that the best place for Haidilao business is a big city with stronger consumption power.

Third, catering is more difficult than retail.

The catering industry has higher requirements for the supply chain, because retail goods are relatively standardized, and management, preservation, transportation and promotion are relatively easy. However, the preservation and transportation of ingredients in the catering industry require very high timeliness. Losses are also serious, so how much you need every day must be very accurate, otherwise it is easy to lose money. Haidilao has also achieved its present achievements after years of accumulation. It is not difficult for Pangdong to make hot pot, but the possibility of surpassing Haidilao is very small.