CEO Ricky Fung on Chronic Ink's Bold Leap: Expanding Horizons & Embracing E-Commerce
Discover the exciting future of Chronic Ink as they unveil plans for their first-ever U.S. studio in Las Vegas, Nevada, marking a significant step in their global expansion. This move not only represents the physical growth of the brand but also a strategic shift towards embracing e-commerce, diversifying from a purely service-based model to include a product line. Learn about the challenges of maintaining profitability in the service industry and the innovative approaches Chronic Ink is adopting to ensure sustainable growth. From exploring new geographical markets to transforming business models, this conversation sheds light on the dynamic strategies that drive success in today's competitive landscape.
What you'll learn:
- Chronic Ink's strategic expansion into the U.S. market and its significance.
- The transition from service to e-commerce through the introduction of a jewelry line.
- Insights into overcoming the challenges of the service industry's compressing margins.
- The importance of geographical diversification and innovation in business growth.
Connect with Ricky Fung:
Instagram: https://www.instagram.com/rickyfromchronic
Chronic Ink Instagram: https://www.instagram.com/chronicink/
Chronic Ink Website: https://chronicinktattoo.com/
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💌 Contact us: [paul@talenttrellis.co](mailto:paul@talenttrellis.co)
About Talent Talks: Talent Talks is a podcast dedicated to sharing the mental, emotional, and spiritual journey of entrepreneurship or any other difficult endeavour. Join us as we explore the journeys of entrepreneurs, athletes, artists, and more, who have all redefined the meaning of success.
#ChronicInk #businessgrowth #ecommerce #lasvegas #innovation #entrepreneurship #globalexpansion
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