Wise Business 2016

Revitalising a traditional retail business for today's markets

Retail

Nowadays technology is advancing so fast, particularly in E-commerce, it is reshaping the retail industry. We interviewed the founder of an online shop to understand how he introduced a new operational model for selling oysters and seafood in Hong Kong.

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Hamish Ho ‒ Founder and Executive Director, Ocean Three

People often associate dried seafood shops as an old-fashioned and traditional business. But in fact it's only their sales method that is dated. A chic, new dried seafood shop has successfully transformed its own business and attracted new, young customers from this generation. It’s not just about selling dried seafood, it's about offering people a taste of something new.

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Dilys Wong ‒ Founder and Director, Goodies

With the global economy slowing down, businesses have to think out-of-the box in both management and marketing. Let’s see how the retail industry overcame the market challenges with new technology and ideas.

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Alfred Cheung ‒ Host

Important notes:

  • The Hongkong and Shanghai Banking Corporation Limited (the "Bank") neither endorses nor is responsible for the accuracy or reliability of, and under no circumstances will the Bank be liable for any loss or damage caused by reliance on, any opinion, advice or statement made in this video.
  • The opinions expressed are those of the featured speakers, and except where a speaker is specifically identified as a representative of the Bank, do not represent the Bank's views. The opinions are subject to change without notice and should not be construed as a recommendation of any individual holdings or market sectors.
  • Investment involves risks. Past performance is no guide to future performance. Investors must refer to the offering documents for further details and the risks involved. The information contained within this video has not been prepared in view of personal financial circumstances. Investors should satisfy themselves that any investment product is suitable for them in terms of their own investment experience, objectives, financial resources and relevant circumstances before making any decision to invest in the investment product.

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+852 2748 8288

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