Chapter 634 – Inevitability
Impact.
〈Chicken is naturally cheap, and consumers were confused when Chiwonssa, abbreviated as Chiwonssa, suggested a surprise 20% price increase. 〉
It can’t help but be enormous.
This is not a price adjustment for a single franchise.
It is classified as a national snack.
There are very few people, regardless of age or gender, who don’t order it.
〈One chicken costs 10,000 won. When we were kids, this was the normal price.〉
〈Yes.〉
〈In the current era, when the price has risen from 1,000 won to 2,000 won and has now reached close to 20,000 won, consumer complaints are piling up…〉
Therefore, it has symbolism.
It is used as a yardstick to judge prices.
What if the price of chicken rises?
I can clearly feel that the prices of common people have risen.
〈It was a shame that it appeared like a comet.〉
〈It was like that.〉
〈What do experts think about the price increase that Chiwonsa suddenly announced? 〉
It deserves to be featured in the news.
It doesn’t end at the sidewalk.
Criticism pours out.
I have the power to anoint him.
〈Raising prices is a company’s power, so it cannot be helped.〉
〈Ah~ Is it inevitable? 〉
〈 But there is always an appropriate level…〉
Expert.
These are three letters that give us trust.
For some reason, it seems to be saying the right thing.
The public perceives it that way.
Receive news without any filtering.
〈The price was raised not by 5% or 10%, but by 20%. This is an unprecedented price increase in the history of the Korean food industry! 〉
〈Ha~ Is this an unusual level? 〉
2504003 Imagine that the lunch you paid for 20,000 won became 12,000 won overnight.〉
It feels like an official.
It is used as a standard for judging situations.
The company made a mistake.
It looks like you made the wrong decision.
Likes: 6,974 Angry: 12,892
[Comments on the article]: 5,287
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Xxcc****
Chiwonsa, even you…
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IU05****
Did you sprinkle gold dust on the chicken?
I really don’t understand why they keep posting 3,000-4,000 chickens
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Og69****
Acting as a good company and attracting consumers
In the end, they hit you in the back with a price increase.
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Jksd****
It was a company that looked good in the food market, but I am disappointed…
A 20% increase is really too much.
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Hidr****
Lee Chan-wook, that guy
He only made remarks like a traitor
It seems that the CEO’s tendencies are reflected in the company as well~
Boycott these companies that don’t even think about consumers! We must boycott again!
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Public opinion.
It is natural for it to get worse.
At first glance, this is absolutely correct.
The detailed story is not known.
The focus is only on the fact that it was raised.
〈If you look at the movements of the food market…, They are following the same behavior of large corporations that drive out competitors and monopolize the market with low-price attacks. I have no choice but to express serious concerns.〉
It has such power.
One company.
It is not a task to decide and beat.
This is especially true if the direction of all broadcasters is aligned.
Such pressure comes down.
[Teulniang−The older generation that is awake and unconventional]
─Let me start with you
─As expected, the increase in chicken prices was just the beginning
─Chiwonsa is not a 20% increase…
─Chiwonsa is really evil. Evil
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Price increase.
It is a sensitive issue.
It can shake up the economy of the common people.
It also affects the government’s approval rating.
It is blocked through several pipes.
─Chiwonsa is really evil. Evil
[CBS article criticizing Chiwonsa. News]
The price was raised by a whopping 20%
They advertised that they were selling chicken cheaply
Existing companies are doing the same thing.
└This is a company affiliated with Food Market, right?
└It’s Lee Chan-wook again… Again…
└I used to order from this place because it was cheap, but I guess they didn’t know the benefits ^^
└Even experts criticized it as being at an unusual level
Supporters also catch fire.
Lee Chan-wook.
It’s a name that makes you grind your teeth.
It became even more clear after an incident not long ago.
Criticism is pouring in.
─Chiwonsa is not a 20% increase…
[Baewonsa delivery app fee capture. Jpg]
The delivery fee was also 3,000 won
But even the price of chicken went up by 2,000 won
This means that one fried food cost 15,000 won.
└It’s actually a 30% increase;; This is my first time seeing something like this in my life
└You are viewing consumers as complete idiots?
└There is no choice but to boycott
└He is a person who only learned from the very~~~~~ bad things.
The topic grows bigger day by day.
It is not a flame that can be easily extinguished.
Price.
It is closely related to real life.
The image of a company trying to grab hold of it and shake it up.
─As expected, the increase in chicken prices was just the beginning
[Food market raises prices of all items. News]
Not only Chiwonssa and Baewonsa
It is said that all food market companies are uploading
A lot of agricultural and marine products are also located here
There are many restaurant franchises
I think the impact will be significant
└Since Korea won’t fail, will we try to make it fail?
└Have you have ever seen this worldly bastard!!
└You raised a tiger cub
└I will never purchase from a food market again in my life
Great evil.
It’s not strange that it looks like that.
Justification is provided.
Public opinion boils over.
It refers to one phenomenon.
─Let me start with you
[Noh Chan-wook’s exercise poster. Jpg]
I drank a glass of water
The design may not be good
I thought about it for four hours and drew it
Please remember this one thing
I convey this with all my sincerity
└Oh, you are the one who led the No Japan movement?
└As expected from a user of Tulniang Lv.999, his skills are no joke haha
└I won’t go. I won’t buy it.
└I hope it spreads into a national movement like the No Japan movement!
A boycott occurs.
This is the most direct protest that consumers can make.
It is possible to cause tangible and intangible damage to companies.
There is also a precedent for success once.
Daily News− 「In the aftermath of ‘NO Japan’… Japanese companies leaving Korea”
2 years ago.
There was a national incident.
The ‘No Japan Movement’ is exactly that.
Tlniang fought on the front line.
There are signs that it is about to happen again.
─At this point, the market’s stock price has plummeted! I wish I could sit down~
[Food market daily graph. Jpg]
If you look at this guy’s stock price standing up straight
I feel uncomfortable because I feel like I’m looking at Lee Chan-wook ㅡ
└It will definitely happen!
└No problem. We need to take this opportunity to break it down for sure
└When I think about the money I lost because of Inum… I can’t sleep because I’m so angry
└If a nationwide boycott spreads, wouldn’t a single consumer goods company be affected? Haha,
It is actually an effective strategy.
B2C company.
Sell products directly to consumers.
What if the price and quality are the same?
You can choose the one you like.
─Certification) I bought a food market short sale
[Photo of food market short selling account. Jpg]
Looking at the bulletin board situation
I could see the exact atmosphere right before No Japan
I made a big decision and bought a short sale
It’s nice to get advanced investment information thanks to Denniang ^^
└Thank you for sharing the information!
└Invest in Lee Chan-wook’s downfall~
└Chanwook If he invests in ruining Korea, we can invest in ruining him
└There will be some stocks that benefit from the boycott, so is that okay?
It is impossible not to be hit.
It will succeed this time too.
It’s enough to feel confident.
Numerous users.
Participate with enthusiasm.
But the reality that comes.
Korean Newspaper− “Ramen and chicken price increase… Everything goes up, including drinks, snacks, and bread.”
Fact News− 「When the food market raises prices, “Companies raise prices because they think this is the right time.”」
Daily News−「Small ball launched by Food Market… “Food industry price increases”
It was something completely different
Unexpected.
No, something unimaginable will happen.
Prices are rising day by day.
All companies participate in raising prices.
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Enterprise.
It hurts my mouth to say that it is not a charity.
‘There are people who think that’s the case.’
It is natural for companies to pursue profits.
Business is about making money.
〈Customers’ dissatisfaction is skyrocketing right now. Is it possible for one company to cause such great inconvenience to Korean society? 〉
There is just a difference in direction.
The host in front of me has no idea.
‘How stupid you sound.’
Broadcasting company.
Appearance was intentionally excluded.
They didn’t even mention me on the broadcast.
It was an outrageous use of vulgar language.
Then, as he got angry, he hurriedly requested an interview.
“What?”
〈 We are talking about food market price increases! 〉
“I can’t hear very well because it’s America.”
〈…〉
You can also ignore it.
However, in order to make the seriousness of the situation known.
‘We need to at least let them escape from the intelligence order.’
Media.
The minimum positive function must operate.
That’s why I’m appearing on the phone at least.
Prices of food market products were raised.
But it’s not like a personal grudge.
“I’ve said this a hundred times, but I’ll say it one more time: Our food market is different from existing companies. I’ve repeatedly said that its differentiation lies in the expansion of productivity through innovation.”
Raise the price.
It is the easiest way for a company to increase profitability.
On the other hand, the difficult way is.
‘It’s about innovation.’
We make more and better products at the same price.
We do not pass the price on to consumers.
How to do it?
We must invest aggressively.
That’s what the government is blocking.
〈No matter what, a price increase of more than 20%…〉
“I didn’t do it on purpose.”
〈 Yes? 〉
“Under the premise that investment and innovation in the food market will occur.”
Licenses are not granted for new businesses.
Innovation cannot be achieved.
‘If that happens.’
Price increase.
It is to take the easiest and most convenient solution to pass on to consumers.
All the things you’ve been putting off at once.
No, even companies that were paying attention to the food market are joining in.
This is because raw materials are rising.
Things that have been suppressed erupt like an active volcano.
“To be honest, we are hardly affected by the increase in raw materials. Because we have a securities team, we have sufficiently hedged. However, as long as the government creates uncertainty, we will have no choice but to prepare.”
The aftermath.
I don’t have to worry about it.
All Korean stocks were sold off.
‘I don’t have to say that I designed it.’
Let’s see the Buddhist temple across the sea.
