Sales of Chinese Retailer Missfresh’s Private Label Fresh Food Brand Surged 300%

Missfresh Limited  a pioneer in China’s neighborhood retail industry, saw fourth-quarter 2021 sales for its Retail Brand (private label) Fresh Joy (“Xiang An Xin” in Chinese) grow 300%, as compared to the first quarter in the same year. This surge in sales results from Missfresh’s continued investment in and improvements to the brand’s product quality and increased customer trust and recognition of Missfresh’s in-house brands.

The Fresh Joy range encompasses more than 200 SKUs including vegetables, pork, chicken, eggs, baked products. The fresh meats category guarantees “same day” freshness for customers as all meats are restocked daily and placed on Missfresh’s shelves the same day. As the seasons change, Fresh Joy also offers seasonal vegetables available for a limited time only, such as dandelions in the spring. The stable supply, freshness, and high quality of these seasonal offerings are possible through Missfresh’s China-wide direct-supply vegetable farm network such as in YunnanShandong, and Anhui provinces.

Yungui Xiao, who leads Missfresh’s merchandising department, shared that the company has been constantly upgrading its supply chain capabilities to enhance the quality of its products, such as the Fresh Joy brand. Using big data analytics to extract insights into customers’ consumption habits, Missfresh’s merchandising team can optimize factors such as the portion size and weight of fresh food offerings. Product quality standards are also closely monitored and controlled during production and delivery.

Missfresh takes quality control a step further by engaging third-party agencies to test Fresh Joy products according to 68 criteria – about 80,000 batches of fresh goods are tested every month. Fresh Joy products go through 3,700 temperature monitoring checkpoints during transport and are kept fresh through customized temperature control for the entire journey.

Xu Zhen, Chairman and CEO of Missfresh, shared during the Q3 2021 earnings conference call that Missfresh will continue to develop in-house brands to boost sales and improve the online grocery platform’s range of offerings and shopping experience.

On top of Fresh Joy, Missfresh has launched Retail Brands for ready-to-eat meals, dairy products, and other grocery and fast-moving consumer goods categories. Just this month, the retailer’s new “Ju Xia Fan” brand for ready-to-eat meals placed among the top three best-selling categories on Missfresh’s on-demand online retail platform within three days of its launch.

By Published On: April 3rd, 2022Tags: , , , , ,

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About the Author: Christopher Durham

Christopher Durham is the president of the Velocity Institute. Prior to this he founded the groundbreaking site My Private Brand. He is the co-founder of The Vertex Awards. He began his retail career building brands at Food Lion and Lowe’s Home Improvement. Durham has worked with retailers around the world, including Albertsons, Family Dollar, Petco, Staples, Office Depot, Best Buy, Metro Canada. Durham has published seven definitive books on private brands, including Fifty2: The My Private Brand Project and Vanguard: Vintage Originals.

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