Asharqia Chamber reviews a "new business model"
A specialist reviews the idea of establishing major alliances to operate groceries aimed at increasing profits and combating cover-ups
Asharqia Chamber, represented by the Small and Medium Enterprises Center, organized a workshop that reviewed a "new business model" for operating groceries.
Ibrahim Al-Morished, a retail business development specialist in the Small and Medium Enterprises Authority "Monsha'at", spoke during the workshop that was held on Monday morning, June 6, 2022, that the idea of the project comes from cooperation with the private sector to establish companies or alliances specialized in operating groceries, to help Saudis In operating their stores by providing support services such as cleaning, arranging, supplying goods and maintaining refrigerators, in addition to providing qualified employees to manage the store, it is also possible to provide specialized professional services such as sales analysis, inventory, and store rearrangement, which helps the store owner to make the appropriate decision. At a later stage, the activities can be expanded to include other sectors.
Al-Morished explained that the project aims to reduce costs, increase profits, combat cover-up in grocery activities, facilitate the practice of activity for entrepreneurs, and enable citizens to operate their stores, noting that the presence of specialized companies or alliances helps in obtaining several services, including legal protection, automation, digital transformation and a high rate of return. Financial, transparent and fun shopping and improve the appearance of groceries.
Al-Morished pointed out that under the requirements of the Zakat, Tax and Customs Authority, all members will have to work to adopt the digital billing system, so that all groceries will have a unified general appearance and atmosphere such as a registration plate, bags, and uniform clothes, in addition to the digital payment method.
The companies will also provide purchasing services such as: providing better margins in addition to delivery services, and will also provide financing services such as accounting, value-added tax, and zakat individually, in addition to providing legal services, employment, payroll, maintenance, and information systems Marketing includes advertising through social media brochures, website.
