Integrity-based, the markπet is changing, and integrity willδ never change...

Company dynamics

Unmanned convenience stσores are at their peak, and "Convenience Home" has received milγlions of yuan in angel investment from Lianchuang Yon÷gxuan Feng Tao

36 Kr learned that the unmanned convenience store "Convenience Home" has ₹received millions of RMB in angel round investments, with the investme∑nt partner being Feng Tao from Lianchuang Yongxuan.

No one convenience store was at the  right time. Players such as Binguo Box, F5 Future Store♣, Shenlan Technology, Easy Go and other players gathere¶d. Amazon, Rosen, Alibaba, Wal Mart and other giants also tried the wate↔r one after another.

Convenience Home was founded in March 2017 and is located in Shangha‍i. Convenience Home ha≈s two products: micro unmanned convenience stores and  medium-sized unmanned convenience stores. Compared to a large nuαmber of players, Convenience Home's differentiation lies in ™its flexibility.

Convenience Home's "mini unmanned convenience store" has a‌ minimum unit area of less than 1 square meter (0.68 square m≥eters), and its placement location is more flexible, including subway ★stations, office buildi✘ngs, universities, etc. The co×st of a minimum unit convenience store is abo ut 13000 yuan (which may be lower after mass production). Th←e smallest unit of unmanned convenience store can be assembled inσto a larger unit area convenience store based on the di♣stribution of pedestrian flow. B♥elow 100 people, one can be placed; About 100 people, can spell two; M≈ore than 500 people can spell four. The "mediu m-sized unmanned convenience store" of Convenience H↕ome is a combination of six micro ♦convenience stores, and tables a&nd chairs are added in the spacβe to provide consumers with a rest area, which can be placed •in relatively open residential areas, pa♥rks, etc.

Technically, Convenience™ Home has installed RFID in each layer of shelves and sealed© and shielded gaps in various corners, resulting in higher recognition rates. ≠The process is very sim₹ple. Use Alipay to scan£ the code to open the door, and leave immediately after taking it. Alipay σwill automatically deduct the payment (WeCha¶t is in negotiation). In the future, Convenience Home hopes to pe÷rform palm print recognition ∞on door handles, which can bφe done when consumers perform the action of "op♦ening the door".

Conceptually, the convenience home is actually closer to a v'ending machine. Founder Fan Shaowei believes that the conven•ience home is an improvement on traαditional vending machines. On the one hand, traditi≈onal vending machines mostly focus λon beverages and fixed packaged snac≤ks, while convenience stores will mainly focus on "fresh food" that co≥nforms to health trends; On the other hand, the traditional shipping proc✔ess of vending machi₹nes is to pay first and then ship. The display method of pipelines make≠s space utilization low, and if it is a€ fresh food product, it may alπso deform during the falling process. Convenient homes can be stacked a±nd densely arranged to collect good≥s first and then deduct payments, resulting in higher spac e utilization. Under the sa©me area, our delivery ra♥te is twice that of &traditional vending machines

The selection logic of Convenience Homλe is to choose different products based on different venues,≥ such as meeting the brunch needs of white-collar workers in office buil↓dings, providing bent™os, sandwiches, salads, and so on; Provide snacks, braise☆d dishes, bread, and more in universities. Compared to the average unit pri​ce of the entire family (14 yuan), Convenience Home sets the§ average unit price at around 10 yuan. In addit←ion, through the mini program, consumers can proviπde feedback on the food they want to eat★ and guide the selection of categories based on the data in reverse.

In addition to micro and medium-sized cσonvenience stores, Convenience Home also has a ♥third aspect of business - the transformation of traditional mom and po"p stores. The characteristics of offline mom and pop stores •vary in size and area. Convenience Home providΩes an unmanned convenience store renovation plan. F✔irstly, the mom and pop stores share space resources fαor sales sharing; The second is the franchise method, w•hich has a higher proportion of profits. On the one hand, small store owners÷ do not need to spend more than ten hours a day guarding the¶ir stores. On the other hand, in addition to being sold with out people, they can also expand other businesses €to gain more profits, such as milk t♣ea and coffee.

Whether it's unmanned retail or manned retail, it's essenti≈ally a retail business, "Fan Shaowei said. Since it is¶ a retail business, in terms of network layout, it is neces®sary to take a global perspective, "I am mos♦t afraid of a hammer in the east and a stick in the west

Reasonable layout of points, line∑s, and surfaces can ←minimize operational and logistics costs♣ to the greatest extent. Two im"portant factors need to be considered in thi₩s process: pedestrian flow± and coordination of laying points. The idea of Convenience Home is to ₽set up a medium-sized unmanned convenience store in a¥ densely populated area, and then layout 10 mini unmanned coδnvenience stores within a 100 me©ter radius, forming a "minimum repleni™shment unit" where one person can be responsible for the reple★nishment of 20 devic&es.

As for the cost of RFID labeling, Fan Shaowei holds an optimistic attitu↕de. Currently, the label cost is between 0.5 and 0.6 yuan, but with the εpopularization of RFID in theα retail market, the price of RFID tags will definitely dec♠rease.

After this round of financing, Convenience Home' will establish trial operation points in Shanghai, including mediumβ-sized and micro unman×ned convenience stores, with an expected deployment of 20 branches. Curren✔tly, Convenience Home is seeking Pre A round of financing to expand mas→s production and launch operations.

In terms of team, CEO Fa<n Shaowei graduated from Harbin Institute of Technology and served as♥ the Northern Region Manager of Shangpai  Software Channel Department. He is a continuous entrepreneur. COO Wu Wei ↓holds a master's degree frΩom Shanghai Jiao Tong Univ←ersity and has continuously started busi​nesses in the field of fast-moving con₹sumer goods; CTO Peng Gengengeng graduated from Shan→ghai University with a major in Computer Engineering and served as a Senior βEngineer in the Advertising Platf≠orm Department of Tencent OMG ✘Business Group.