What is business strategy?

In the Internet age, information is the most important resource. Forecasting market trend with big data and small data also adds precision to the dimension of speed, which is more powerful.

Small businessmen, no matter producers or distributors, lag far behind Walmart in capital, resources, scale and management. But if you compare in this dimension of speed, it's completely possible to win.

This speed is “the speed of perceiving local market” and “the speed of sourcing”.

If small businessmen can effectively optimize purchasing process, from the decision to purchase to logistics to store sale, the fastest speed can do it within one to two weeks. What’s more, the small batch purchase can avoid the risk of inventory.

So, the core weapon of small business is speed -- the speed of perceiving local market and the speed of the sourcing.

On the contrary, if the small business is not "fast" enough, waiting for Walmart or Amazon to sell similar products, it will be price war, and small business will be unprofitable.