A 100 yen shop, where everything is sold at 100 yen (now it's $0.91), is drawing more and more attention, or I should say that it's already a common thing for Japanese people.
Several 100 yen shop chains are always in severe share competition with each other. That is because of the nature of the business in which they are easy to be substituted by customers for other competitors. They keep expanding their selection.
Let me show you some items that surprised me.
First, nail polish. When I visited Toronto, I was surprised that a lot of nail salons were running along Yonge street.
What a lot of selections! I've never browsed the cosmetics section before, but there is a quite rich selection. Apart from normal color nail polishes, they even have assorted lame (shiny) nail polishes. I didn't expect this kind of things to be sold for 100 yen, but come to think of its manufacturing costs, cosmetics are likely to be sold in 100 yen shops.
Second, chair legs' covers. I found them a furniture protection section. It was a surprise to me, because my house doesn't have chairs which need these kinds of protectors. I live in a pure Japanese style house, in which Tatami mats are laid in all rooms, so it's difficult to put chairs.
What a large selection, while I don't even have a single chair
Third, Japanese fans. Oh my. They definitely look more valuable than a 100 yen. I'm scared of their ability to develop items.
Please feel free to ask me to bring them as a souvenir for you if I have a chance to visit your country.
Presumably, I think I can sell them at like 5 dollars overseas and make a profit.
Is that a good idea?
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