Preview

Daiso Background

Good Essays
Open Document
Open Document
767 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Daiso Background
Introduction about the brand
Daisō or The Daisō (ザ・ダイソー) is the largest franchise of 100 yen shops in Japan owned by Daiso Sangyo Corp. (株式会社大創産業 kabushiki gaisha daisō sangyō, headquarters: Higashihiroshima, Hiroshima Prefecture). Daiso has a range of over 100,000 goods, of which over 40 percent are imported goods, many of them from China. Many of these are own-brand goods.
Daiso sets itself apart from other 100 yen shops by choosing not to sell closeout or factory second merchandise. Instead, they keep prices low by purchasing directly from manufacturers in very high volume, a strategy often compared to Wal-mart.
Daiso often uses such locations as previous pachinko parlours for its retail outlets. They spend a lot of money on shelving and fixtures to help the stores compete with more high-end retailers. The stock of items retailed at each shop is varied frequently in order to increase repeat customers.
Daiso categorizes all its own-brand items on sale using the morpheme zap (ザ), the Japanese representation of the English word "the", plus a category. For example, za hanabi (ザ・花火) is the category for fireworks, and za purasuchikku (ザ・プラスチック) is the category for plastic items such as plastic buckets or trays.
In 2004, Daiso also started selling items priced at multiples of 100 yen, such as 200, 300, 400 or 500 yen.

Extra: In the past, Singapore do have similar concept shop, The 1.99 shop, however due to huge ambitious by the owner(outlets all over the place, be it expensive rental or lousy place), it actually cost the entire company to make a loss instead of any profit.

Two main groups of consumers
In fact Daiso’s consumers can be anybody, there are no specific groups of consumers, because you, and I would seriously love having items at a much affordable price.
Be it woman, man, children and teenagers.
As Daiso offered a huge variety of items, from home basic like plates, bowls, to clothes, like singlet,

You May Also Find These Documents Helpful

  • Better Essays

    Japan

    • 2216 Words
    • 9 Pages

    What role did the daimyo have in Japanese society? How does feudalism work? (Ch. 14-2)…

    • 2216 Words
    • 9 Pages
    Better Essays
  • Satisfactory Essays

    Business as Commerce – They give money in exchange for the products they need to fill their store. In this case, the owners will look for sales at other stores, and then purchase them to sell in their store. They are making a profit from their trade because it is increasing their utility.…

    • 258 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Nt1310 Unit 2 Assignment

    • 506 Words
    • 3 Pages

    Or Naheed superstore which use shop as local inventory; and customers do the shopping in the shop.…

    • 506 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    unit 29 m1

    • 557 Words
    • 3 Pages

    Needs to be situated where there are a lot of shoppers, preferably in a market…

    • 557 Words
    • 3 Pages
    Satisfactory Essays
  • Better Essays

    Jc Penny

    • 1009 Words
    • 5 Pages

    J.C. Penny is creating a new interface for retail, offering new boutiques in the store. Today there are 17 shops. In the future there will be a 100 shops. This should aid in appealing to a diverse set of customers by essentially creating a “mall within a mall”. (JCP Online, 2013)…

    • 1009 Words
    • 5 Pages
    Better Essays
  • Better Essays

    JOT2 TASK 1 Raveed

    • 1219 Words
    • 2 Pages

    higher profit margin than a regular consignment shop and a larger and more targeted audience…

    • 1219 Words
    • 2 Pages
    Better Essays
  • Satisfactory Essays

    Japan Study Guide

    • 828 Words
    • 4 Pages

    | A class of daimyaos who were vassels of Tokugawa Ieyasu. They were the most loyal and trusted of the Daimyao.…

    • 828 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    Exam 1 Sol

    • 1358 Words
    • 5 Pages

    the yen is gaining strength compared to the U.S. dollar making it cheaper for Japanese customers to buy U.S. products.…

    • 1358 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    Risk Management

    • 305 Words
    • 2 Pages

    It is cheaper to purchase Yen in Tokyo. Buy Yen for the $10,000 you own…

    • 305 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Kohls Industry Analysis

    • 672 Words
    • 3 Pages

    As with many other department stores in the retail industry, they offer a wide range of inventory including apparel, shoes and accessories, small appliances, glassware, bedding and luggage.…

    • 672 Words
    • 3 Pages
    Powerful Essays
  • Satisfactory Essays

    Daiso has always been a regular store I shop at relatively for its quality goods at reasonable prices. Thus I though it would be a great option if I had the opportunity to work at a Daiso branch store. I have experience as a cashier at a restaurant I worked at for three years. I am also acquainted with the manners of proper customer service as I have noticed the emphasis on quality customer service exhibited at Daiso, especially the Hacienda Heights branch.…

    • 304 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    The Tokugawa Period

    • 766 Words
    • 4 Pages

    Daimyo are the powerful feudal lords in pre modern japan dai literally means large and myo stands for private land there are lots of different daimyo…

    • 766 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Having it priced cheaper than national brands are a mutual beneficial strategy that not only helps to market FairPrice new products but at the same time fulfilling FairPrice social objectives of marketing the company as the people’s supermarket. This effort was to stabilise prices to help Singaporean cope with higher costs by forcing other market players to price their products reasonably. Having 225 stores island-wide for the conveniences of the customers is a form of marketing as well.…

    • 380 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Since we opened our first store in 1973, we have grown into a network of more than 200 stores in Hong Kong and Macau, with dedicated staff who pride themselves on their commitment to innovation and superior quality of service.…

    • 5113 Words
    • 21 Pages
    Powerful Essays
  • Powerful Essays

    Japan is still the 2nd biggest retail market in the world with 127 million consumers that appreciate high quality and excellent service. China may have more factories these days, but how many people there can really afford western goods? When it comes to measure market size, Japan still accounts for more than 55% of the whole Asian retail market. Japan is also the nation with the highest demand for foods imports as it has the lowest self-sufficiency rate (39% only), 61% of all foods consumed in Japan is imported (United Nations, 2008).…

    • 2247 Words
    • 9 Pages
    Powerful Essays