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128 views • October 12, 2021

Why is Mukesh Ambani's Reliance Partnering with 7-Eleven Store chain? : Business strategy case study

Think School
Think School
Invest into the Great Indian Middle Class Smallcase: https://link.smallcase.com/dTnO4gx2ijb On 7th of October 2021, Reliance Industries officially announced that Reliance retail has entered into a master franchise agreement with the 7-Eleven company for launch of 7-Eleven convenience stores in India and this deal has taken the market by such a storm that the stocks of Reliance rose by 1.5% and while every single news channel has been announcing this deal over and over again none of them actually told us why is this partnership such a big deal? So in this episode today, lets try to understand  What is story of the incredible Seven Eleven company? Why is this partnership such a big deal for the Indian retail revolution? This is a story that dates back to 1974, when an American company named Southland corporation which already owned a chain of connivence store in American decided to extend its chains in the Japanese market! and in the next 30 years, this company became so successful it had 11310 stores in Japan alone and had a sales of 22 billion dollars. Now this begs the question how did a small connivence store chain became a billion dollar company? Well as it turns out the master mind behind this unbelievable growth of seven 11 was a man named Toshifumi Suzuki! and this episode explains the strategy in depth! Check out Think School's Online courses: 1. Learn how to communicate ideas like us: https://communication.thethinkschool.com/yt 2. Land your dream jobs: https://linkedinmasterclass.thethinkschool.com/yt 3. Create a Perfect Resume in less than 90 minutes: https://www.thethinkschool.in/resume-building-masterclass/ Want to buy the equipment we use? 1. Our Laptop: https://amzn.to/3z66odv 2. Our Mic: https://amzn.to/3liQQyi 3. Camera Stand: https://amzn.to/3z8l3ov 4. Mobile holder for stand: https://amzn.to/3xgCF25 5. Laptop: https://amzn.to/3gMYXRi Study Materials Why 7-eleven failed in Indonesia https://www.youtube.com/watch?v=tfGUJowHOPM Open and Demat account & start investing: https://zerodha.com/open-account?c=ZMPUJE To support our work you can donate here: https://www.instamojo.com/@thinkschool #thinkschool #businesscasestudy #reliance #7eleven #mukeshambani
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