A Belgian Supermarket Works for No Profit, and Here’s Why We Need Them Everywhere

A Belgian Supermarket Works for No Profit, and Here’s Why We Need Them Everywhere

An unusual supermarket has
appeared in Brussels recently. It is a cooperative shop whose members are
neighbors living in the same area. They themselves decide what products to buy
and then sell them with a minimum mark-up. It’s also these same people who take
turns working as cashiers, packers, and deliverers.
Bright Side was inspired by
this idea and invites you to learn about this principle of business.
The shop is called BEES Coop.
It was created to prove that people can choose the products and goods they want
to consume by themselves without paying extra money for it. Its founders
created a new model of trading and leading business where any participant can
become an owner, a seller, and a buyer.

They
called this model the “cooperative and participative” model.

Any person who subscribes to
this market becomes a co-operator who will take part in making common
decisions, maintenance, and solving other important tasks.

                            
Moreover, any person who
becomes a co-operator commits themselves to 3 hours or more of work in this
store weekly. This model helps to reduce the costs for labor and, therefore,
keeps the price of goods at a low level.

Co-operators choose any
convenient time for them to help the supermarket stay running. If today you
came to the market as a client to grab some greenery, tomorrow you might become
a cashier or the one who packs that greenery for other clients.

The main benefit that a person
gets from this system is becoming a client of the supermarket. It is open only
to co-operators and provides high-quality products at a low price.

BEES Coop. doesn’t get any
profit for its work and is mainly aimed at providing high quality and
cost-effectiveness.
The members of the cooperative
choose the suppliers of goods themselves according to their personal criteria.
Therefore, the main focus is on quality and not profit, unlike conventional
supermarkets.

BEES Coop. is going to open
several more branches in other areas of the city soon to continue implementing
this new idea of life.
Do you think this type of
business has a bright future? Would you want to become a co-operator of this
kind of shop? Please share your opinion with us in the comments!

SOURCE:
BRIGHTSIDE
Kayode Ojo
Kayode Emmanuel Ojo is the Co-Founder and Managing Director at SHEFFA Limited. He is presently studying Computer Science at the National Open University, Victoria Island, Lagos.