1, small profits but quick turnover: Xiaobei Street Kindergarten has adopted the strategy of small profits but quick turnover, attracting more students by reducing tuition fees, thus increasing profits.
2. Lower management and operation costs: Xiaobei Street Kindergarten can provide low-cost services because of its lower management and operation costs, such as lower teachers' salaries and simpler teaching facilities.
3. Competitive pressure: The competition in the area where Xiaobei Street Kindergarten is located is fierce. In order to attract more students, kindergartens will reduce tuition fees.