When I started selling air conditioners early on, customers were willing to pay an extra 200 yuan to buy from Suning. Why? Service was good.
- Zhang Jindong
Pay, Buy, Willing, Yuan
Suning Appliance has no problem of financial risk. Do you think I'm risky? I'm definitely not risky.
- Zhang Jindong
Problem, Think, Appliance, Risky
We don't believe the market can be dominated by one company in e-commerce in China - namely Alibaba. The Chinese market is very wide and deep, with a huge population.
- Zhang Jindong
Deep, Very, Wide, E-Commerce
Best Buy went and hired a lot of Shanghai staff, but went and westernised them. They only work eight hours a day!
- Zhang Jindong
Work, Hours, Buy, Hired
Best Buy is just too Western! They do not stock enough Chinese brands, and Chinese people do not want to buy foreign brands.
- Zhang Jindong
Buy, Chinese People, Brands, Stock
In business, every phase of things counts. Companies that just yell out a low price today to win business aren't going to make money in the long term.
- Zhang Jindong
Business, Going, Phase, Long Term
Suning from a management concept and technology point of view isn't simply an appliance company.
- Zhang Jindong
Management, View, Appliance
China has the best opportunities. A domestic market with 1.3bn people will help create more Fortune 500 retailers.
- Zhang Jindong
Will, Fortune, More, Domestic
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