Today our director, mr Arno Nieuwland had the privilege to meet with the Y5 students at Clearwater Bay School and discuss some essential elements on how to start and run a successful business. In the 45 minute discussion, topics like product development, pricing strategy, staff recruitment, advertising and the influence of social media were addressed.
All-in-all a very interesting discussion, with impressive questions and dialogues with the entrepreneurs of the future!
We discussed the difference between 2 different product videos, and the impact price setting on the success and ultimately profitability of a business
The Air 2 Chair: HK$ 888 --> HK$ 188 (discount code: CWBSY5)
The Air-Lounger: HK$ 188 --> HK$ 88 (discount code: CWBS)
We discussed the CWBS Y5 pricing setting experiment: what will happen if we drop the sales price with a special CWBS promotion, we will be able to boost the sales of these fun products?
We agreed to make a Y5 CWBS discount promotion, please find the instructions below:
Select the product:
- - Add products to your shopping cart
- - Select free shipping
- - Go to check-out
- - Fill in address details
- - Apply discount code CWBS for air-lounger HK$ 188 --> HK$ 88/pc and CWBSY5 for Air2Chair HK$ 888 --> HK$ 188
Pay by credit card or HSBC transfer.
We agreed once we sell 10 pcs or more before Christmas, SofaSale will donate a comfortable beanbag to the Y5 shared area.
Great article in the SMCP Post magazine on Kids furniture in Hong Kong
Cristina Sanchez-Kozyreva sums up her 5 favourite pieces of kids furniture. Not limited by any budget, she selected breathtaking furniture pieces from Eames to Magis, these products show you that just because it’s for children doesn’t mean it can’t be beautiful. Exclusivity seems to be the high on the selection criteria. We are delighted that Cristina selected our Mini Egg Chair in the exclusive range of 5 kids furniture seating. The Egg Chair mini with a price tag of only HK$ 2,390 is clearly setting itself apart from the rest.Egg Chair mini.
Harry Rocking Stool | HK$ 12,000
Bambi Stool | US$ 375
Mico | HK$ 2,400
Eames Elephant | HK$ 2,100
Mini Egg Chair | HK$ 2,390
Please read the full article on the SCMP website: http://www.scmp.com/magazines/post-magazine/design-interiors/article/1995990/fun-whimsical-furniture-hong-kong-kids-home