Stores Opening in the Philippines, YOOZ Globalization Enters New Era
PR90370
BEIJING, July 6, 2021 /PRNewswire=KYODO JBN/ --
With steady business recovery in the post-COVID era, people's confidence in
consumption is growing back. Among various goods, "e-cigarette" is a new
commodity that emerged during the pandemic and is becoming very popular among
consumers. Its various advantages in terms of technology, fashion, and
convenience are the main reasons for its growing popularity among the public.
In China, YOOZ, the second largest e-cigarette brand, has become the first
choice among the technology-savvy consumers with its simple, fashionable design
and diverse choices of exquisite and authentic flavors.
Despite its short history, YOOZ has opened 6000 stores in China and continues
to expand at an astonishing rate.
With its recent official announcement of "going abroad", YOOZ, a leading
e-cigarette brand from China caught the attention of many reviewers on YouTube.
In just one week, influencers reviewing YOOZ devices and pod tastes have
received millions of clicks, creating a trend which demonstrates its
popularity. Consequently, YOOZ continued its growth and opened the first batch
of physical stores in the Philippines.
YOOZ pays great attention to fashionable looks and sense of technology in
product design and experience. YOOZ stores in the Philippines also adopt the
YOOZ style showcased by its futuristic design, simple yet stylish overall store
image. With accurate product orientation and fashionable store image, a large
number of consumers have been attracted to the stores. YOOZ's first store in
the Philippines, located in the busy downtown shopping district of SM San
Lazaro, generated better-than-expected turnover in its first day of opening.
Similar to their counterparts in China, YOOZ stores in the Philippines have
also seen a surge in sales, which in turn created immense satisfaction for YOOZ
franchisees. "I am very happy to have made the right decision to join YOOZ."
"With such a trustworthy partner, I am very confident in the future of this
industry" one of YOOZ's franchise Willy Lim has said.
Cai Yuedong, YOOZ founder and CEO, believes that e-cigarette is one of the best
offline business models at present. Especially on a global scale, its consumer
demand is enormous. YOOZ will focus on the regions and countries with mass
demand as the focus of business distribution so as to achieve continuous growth
in overseas markets. YOOZ targets customers who are interested in new
technology and willing to try new things. Starting in Southeast Asia, and
specifically in the Philippines, YOOZ hopes to attract more adult tobacco
consumers in the future to switch to safer alternatives. Moreover, YOOZ has
recently completed a new round of financing at over 2 billion dollars. New
financial input will be used for product research and development as well as to
promote YOOZ's global presence.
In addition, in order to better help franchisees in China to open and run their
stores, YOOZ provides its rich experiences to assist franchisees in the
operation and management of physical stores. Moreover, YOOZ continues to offer
subsidy programs suitable for entrepreneurs at different stages which helps
solve problems such as store opening, location selection, funding, and
financial operations. As a result, YOOZ offline market performed brilliantly
opening over a thousand physical stores in one month. Some store owners
achieved more than 3 times the monthly sales target and received the first
batch of subsidies. Such achievements are not only proof of YOOZ's own
strength, but also show that good products and brand are the ultimate decisive
factors behind users' choice.
In general, whether in terms of the constant upgrading of products, or store
opening, unit area performance, financial return, etc., YOOZ has demonstrated
extraordinary strength. If you are interested in YOOZ, please visit our
official international website yooz.com to inquire more about YOOZ's latest
information on overseas products and policies on opening your own business.
For more information about the address of offline stores in the Philippines,
please check:
https://docs.google.com/spreadsheets/d/1somSdPaHHEsFk8TtVOE2pBXcaNKNKgZ5W6ED8Dtl388/edit?usp=sharing
SOURCE YOOZ
Image Attachments Links:
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Caption: YOOZ
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Caption: YOOZ SM San Lazaro store
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Caption: YOOZ SM San Lazaro store
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Caption: YOOZ SM Mall of Asia store
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Caption: YOOZ SM Mall of Asia store
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