This document discusses marketing luxury goods in China. It provides an overview of the Chinese luxury market, including key consumer demographics and spending trends. It identifies five trends in the luxury market, such as tier 2 and 3 cities becoming increasingly important and online platforms continuing to grow. The document concludes by outlining implications for luxury brands, such as the need to differentiate brands, focus on digital strategies, provide excellent service, and implement strong customer relationship management programs.
China Chic - The Emergence of Chinese Luxury Brands Report by daxue consultingDaxue Consulting
In this report, you will find:
- Results from our survey of 1,000 Chinese consumers regarding their luxury perceptions and preferences
- Analysis of how Guochao plays out in China's luxury market
- What 'luxury' really means to Chinese
- The top industries of Chinese luxury brands (vs. foreign brands)
- Our 5 hypotheses for the future of Chinese luxury brands
Yin jewelry China market strategy report by Daxue consulting and Double V con...Daxue Consulting
Daxue Consulting partnered with Double V. Consulting to answer the question "What does it take to become a top Chinese fashion brand" by analyzing the strategies of four of the fastest-growing Chinese fashion brands - NEIWAI, MAIA ACTIVE, Li Ning (China) Sporting Goods Co. and YIN Fine Jewelry.
Perfect Diary China market strategy report by daxue consultingDaxue Consulting
China has become the world’s second largest beauty market since 2019 and more Chinese beauty brands start to rise in the market. In order to study the 2021 C-beauty trends that brands don't want to miss, daxue consulting investigated the market strategies of four of the top C-beauty brands, 1) Perfect Diary 2) Florasis 3) HomeFacial Pro 4) Winona.
Florasis China market strategy report by daxue consultingDaxue Consulting
China has become the world’s second largest beauty market since 2019 and more Chinese beauty brands start to rise in the market. In order to study the 2021 C-beauty trends that brands don't want to miss, daxue consulting investigated the market strategies of four of the top C-beauty brands, 1) Perfect Diary 2) Florasis 3) HomeFacial Pro 4) Winona.
A short market which is about:
- Luxury market overview in Asia,
- Luxury brands in China: in the path of e-commerce, social media and mobile,
- Marketing: where is influence?
- Luxury Brands: how do they perform on social media & Influence?
Winona China market strategy report by daxue consultingDaxue Consulting
China has become the world’s second largest beauty market since 2019 and more Chinese beauty brands start to rise in the market. In order to study the 2021 C-beauty trends that brands don't want to miss, daxue consulting investigated the market strategies of four of the top C-beauty brands, 1) Perfect Diary 2) Florasis 3) HomeFacial Pro 4) Winona.
China Chic - The Emergence of Chinese Luxury Brands Report by daxue consultingDaxue Consulting
In this report, you will find:
- Results from our survey of 1,000 Chinese consumers regarding their luxury perceptions and preferences
- Analysis of how Guochao plays out in China's luxury market
- What 'luxury' really means to Chinese
- The top industries of Chinese luxury brands (vs. foreign brands)
- Our 5 hypotheses for the future of Chinese luxury brands
Yin jewelry China market strategy report by Daxue consulting and Double V con...Daxue Consulting
Daxue Consulting partnered with Double V. Consulting to answer the question "What does it take to become a top Chinese fashion brand" by analyzing the strategies of four of the fastest-growing Chinese fashion brands - NEIWAI, MAIA ACTIVE, Li Ning (China) Sporting Goods Co. and YIN Fine Jewelry.
Perfect Diary China market strategy report by daxue consultingDaxue Consulting
China has become the world’s second largest beauty market since 2019 and more Chinese beauty brands start to rise in the market. In order to study the 2021 C-beauty trends that brands don't want to miss, daxue consulting investigated the market strategies of four of the top C-beauty brands, 1) Perfect Diary 2) Florasis 3) HomeFacial Pro 4) Winona.
Florasis China market strategy report by daxue consultingDaxue Consulting
China has become the world’s second largest beauty market since 2019 and more Chinese beauty brands start to rise in the market. In order to study the 2021 C-beauty trends that brands don't want to miss, daxue consulting investigated the market strategies of four of the top C-beauty brands, 1) Perfect Diary 2) Florasis 3) HomeFacial Pro 4) Winona.
A short market which is about:
- Luxury market overview in Asia,
- Luxury brands in China: in the path of e-commerce, social media and mobile,
- Marketing: where is influence?
- Luxury Brands: how do they perform on social media & Influence?
Winona China market strategy report by daxue consultingDaxue Consulting
China has become the world’s second largest beauty market since 2019 and more Chinese beauty brands start to rise in the market. In order to study the 2021 C-beauty trends that brands don't want to miss, daxue consulting investigated the market strategies of four of the top C-beauty brands, 1) Perfect Diary 2) Florasis 3) HomeFacial Pro 4) Winona.
Beauty market in China report by daxue consulting-double v consultingDaxue Consulting
China has become the world’s second largest beauty market since 2019 and more Chinese beauty brands start to rise in the market. In order to study the 2021 C-beauty trends that brands don't want to miss, we work with double v consulting to investigate the market strategies of four of the top C-beauty brands, 1) Perfect Diary 2) Florasis 3) HomeFacial Pro 4) Winona.
The perfume market is booming in China and more Chinese people started to wear perfume in recent years. Who are the leading players in this market? Who are the main consumers of perfume in China? Daxue consulting is offering a presentation highlights the key findings in China's perfume market.
The household cleaning market is one of many markets growing due to China's consumption upgrade. With a higher disposable income, Chinese consumers are starting to use more specialized products depending on the task. Foreign brands find opportunity in this market as consumers are begin to prefer eco-friendly products, products that are gentle on the skin, and all-around, products having less chemical contaminants.
Guochao (国潮 – lit. National Tide) is a Chinese trend relying on the younger generation’s interest in China’s culture, traditions and domestic brands. What is the major trends of GuoChao? What makes a brand GuoChao according to Gen-Z? Who are GuoChao consumers? What elements can foreign brands leverage to contribute to the Guochao trend? A comprehensive report about GuoChao in China is offered by daxue consulting.
COVID-19 has a great impact on the Chinese economy and consumer behavior, but how about the beauty sector? We did deep dive into the changes in China's beauty market before and after COVID-19 to see how it has been affected by the epidemic. what are the new trends in this market? What are the best practices during the epidemic?
A comprehensive report on the changes in the beauty market in China is offered by daxue consulting - a strategic market research firm.
Fashion market in china report by daxue consulting & double v consultingDaxue Consulting
Daxue Consulting partnered with Double V. Consulting to answer the question "What does it take to become a top Chinese fashion brand" by analyzing the strategies of four of the fastest-growing Chinese fashion brands - NEIWAI, MAIA ACTIVE, Li Ning (China) Sporting Goods Co. and YIN Fine Jewelry.
Male beauty market in China report by daxue consultingDaxue Consulting
China's male skincare and make-up market increases at an average annual rate of 13.5%, far higher than the global average of 5.8%. 20% of beauty KOLs on short video platforms and 16% on Weibo are men. 92% of Chinese men use face wash, 63% use lotion. Unlike women who like to mix and match products and brands, the top-selling men’s products are sets. A comprehensive report about men's beauty market in China offered by daxue consulting, a China-based market research firm.
Private Label Clothing Brands in China | Daxue Consulting Daxue Consulting
China’s apparel market remains one of the fastest growing markets in the world, and the rise of e-commerce as well as fast fashion have further encouraged its growth.
As the quality in China’s apparel industry varies greatly, private label brands may be the solution addressing a growing consumer segment in the market.
The cosmetics and personal care market in China by Daxue consultingDaxue Consulting
The cosmetics and personal care market are growing very fast in China. How are the sales of international brands/imported products in China? Who are the main consumers of cosmetics and personal care products in China? Daxue consulting is providing a comprehensive presentation targeted towards foreign brands interested in entering China's market.
The growing fascination over the Chinese market is felt in almost all industries around – especially within the luxury sector. Study after study reveals that China is an important market that luxury brands shouldn’t – and couldn’t – ignore. However, confronting the realities on the ground could be challenging, albeit necessary for a brand to truly succeed in this market. What are the types of Chinese millionaires? Where do they live? How do they make their purchase decision? Take a look and find out.
The tea market in China report by daxue consultingDaxue Consulting
China is the largest tea producer in the world, but its huge market demand for tea is still unmet. Who are the main consumers? What is the most popular tea in China? Who are the leading players in this market? A comprehensive report on the tea market in China, targeted towards foreign brands interested in entering China's market by Daxue Consulting.
What's Chinese people's feedback about VDS (vitamin and dietary supplement) products in China? How well do international VDS brands fare on Chin's VDS market? Do Chinese consumers buy VDS products online or offline? A comprehensive presentation on the VDS market in China, targeted towards foreign brands interested in entering China's market by Daxue Consulting in China.
Mattress market in China report by daxue consultingDaxue Consulting
China’s mattress market is still relatively early in its development. Perceptions regarding the importance of mattresses are evolving and the market concentration is relatively low, thus there leaving much room to grow. Yet there are a great number of leading global corporate organizations with significant long-term prospects in the market. With China’s growing awareness of the importance of mattresses, it provides a high potential for overseas brands to set up and expand their presence.
A comprehensive report on the mattress market is offered by daxue consulting - a strategic market research firm.
Beauty market in China report by daxue consulting-double v consultingDaxue Consulting
China has become the world’s second largest beauty market since 2019 and more Chinese beauty brands start to rise in the market. In order to study the 2021 C-beauty trends that brands don't want to miss, we work with double v consulting to investigate the market strategies of four of the top C-beauty brands, 1) Perfect Diary 2) Florasis 3) HomeFacial Pro 4) Winona.
The perfume market is booming in China and more Chinese people started to wear perfume in recent years. Who are the leading players in this market? Who are the main consumers of perfume in China? Daxue consulting is offering a presentation highlights the key findings in China's perfume market.
The household cleaning market is one of many markets growing due to China's consumption upgrade. With a higher disposable income, Chinese consumers are starting to use more specialized products depending on the task. Foreign brands find opportunity in this market as consumers are begin to prefer eco-friendly products, products that are gentle on the skin, and all-around, products having less chemical contaminants.
Guochao (国潮 – lit. National Tide) is a Chinese trend relying on the younger generation’s interest in China’s culture, traditions and domestic brands. What is the major trends of GuoChao? What makes a brand GuoChao according to Gen-Z? Who are GuoChao consumers? What elements can foreign brands leverage to contribute to the Guochao trend? A comprehensive report about GuoChao in China is offered by daxue consulting.
COVID-19 has a great impact on the Chinese economy and consumer behavior, but how about the beauty sector? We did deep dive into the changes in China's beauty market before and after COVID-19 to see how it has been affected by the epidemic. what are the new trends in this market? What are the best practices during the epidemic?
A comprehensive report on the changes in the beauty market in China is offered by daxue consulting - a strategic market research firm.
Fashion market in china report by daxue consulting & double v consultingDaxue Consulting
Daxue Consulting partnered with Double V. Consulting to answer the question "What does it take to become a top Chinese fashion brand" by analyzing the strategies of four of the fastest-growing Chinese fashion brands - NEIWAI, MAIA ACTIVE, Li Ning (China) Sporting Goods Co. and YIN Fine Jewelry.
Male beauty market in China report by daxue consultingDaxue Consulting
China's male skincare and make-up market increases at an average annual rate of 13.5%, far higher than the global average of 5.8%. 20% of beauty KOLs on short video platforms and 16% on Weibo are men. 92% of Chinese men use face wash, 63% use lotion. Unlike women who like to mix and match products and brands, the top-selling men’s products are sets. A comprehensive report about men's beauty market in China offered by daxue consulting, a China-based market research firm.
Private Label Clothing Brands in China | Daxue Consulting Daxue Consulting
China’s apparel market remains one of the fastest growing markets in the world, and the rise of e-commerce as well as fast fashion have further encouraged its growth.
As the quality in China’s apparel industry varies greatly, private label brands may be the solution addressing a growing consumer segment in the market.
The cosmetics and personal care market in China by Daxue consultingDaxue Consulting
The cosmetics and personal care market are growing very fast in China. How are the sales of international brands/imported products in China? Who are the main consumers of cosmetics and personal care products in China? Daxue consulting is providing a comprehensive presentation targeted towards foreign brands interested in entering China's market.
The growing fascination over the Chinese market is felt in almost all industries around – especially within the luxury sector. Study after study reveals that China is an important market that luxury brands shouldn’t – and couldn’t – ignore. However, confronting the realities on the ground could be challenging, albeit necessary for a brand to truly succeed in this market. What are the types of Chinese millionaires? Where do they live? How do they make their purchase decision? Take a look and find out.
The tea market in China report by daxue consultingDaxue Consulting
China is the largest tea producer in the world, but its huge market demand for tea is still unmet. Who are the main consumers? What is the most popular tea in China? Who are the leading players in this market? A comprehensive report on the tea market in China, targeted towards foreign brands interested in entering China's market by Daxue Consulting.
What's Chinese people's feedback about VDS (vitamin and dietary supplement) products in China? How well do international VDS brands fare on Chin's VDS market? Do Chinese consumers buy VDS products online or offline? A comprehensive presentation on the VDS market in China, targeted towards foreign brands interested in entering China's market by Daxue Consulting in China.
Mattress market in China report by daxue consultingDaxue Consulting
China’s mattress market is still relatively early in its development. Perceptions regarding the importance of mattresses are evolving and the market concentration is relatively low, thus there leaving much room to grow. Yet there are a great number of leading global corporate organizations with significant long-term prospects in the market. With China’s growing awareness of the importance of mattresses, it provides a high potential for overseas brands to set up and expand their presence.
A comprehensive report on the mattress market is offered by daxue consulting - a strategic market research firm.
The opportunities for growth in China are immense for foreign companies — but so too are the risks and challenges. As your emerging or established brand enters new markets, G & G will be there to help you get access to the Chinese market, work out strategies, identify opportunities and make international business happen. We can:
Provide a one-stop service (from registration, legal counsel, facilities rental to human resources services) to foreign companies planning to extend their business operations into China, negotiating and obtaining the best terms for clients in terms of tax, office rental etc.
Develop a “market entry” strategy that includes land leasing, registration, corporate communications aimed at establishing brands, public affairs programs, and — if appropriate — a financial communications plan to support raising of capital.
G & G's network of experts positioned throughout the Greater China region has a proven record of promoting understanding, building brands, and managing reputations for the growing roster of ambitious foreign companies seeking opportunities in China.
Specialties
Landing in China, Integrated Marketing, Digital Marketing, Training, Advertising & Media buy, Branding, Events and TradeShows, Internal Communications, Marketing and Communications Strategy, Market Research, Public Relations, Traditional Marketing Tools Development
China's role in the global luxury market is becoming more significant year by year. China remains one of the brightest growth prospects in the midst of such a fragile world economy.Luxury companies are pursuing very different strategies according to the scale of their operations, and the scale of their ambitions. G & G relies on a strategic long-term approach to deliver results. We will help you:
customize a communications plan to target high net-worth consumers and influence key constituents
protect long-term brand equity by preserving the image and integrity of your product or service develop innovative strategies that tap into new market opportunities
We provide a wealth of expertise in a variety of areas, including media relations and marketing communications, to name a few. And we often integrate these disciplines with our proprietary research tools to help you achieve meaningful and measurable results.
The opportunities for growth in China are immense for foreign companies — but so too are the risks and challenges. As your emerging or established brand enters new markets, G & G will be there to help you get access to the Chinese market, work out strategies, identify opportunities and make international business happen. We can:
Provide a one-stop service (from registration, legal counsel, facilities rental to human resources services) to foreign companies planning to extend their business operations into China, negotiating and obtaining the best terms for clients in terms of tax, office rental etc.
Develop a “market entry” strategy that includes land leasing, registration, corporate communications aimed at establishing brands, public affairs programs, and — if appropriate — a financial communications plan to support raising of capital.
G & G's network of experts positioned throughout the Greater China region has a proven record of promoting understanding, building brands, and managing reputations for the growing roster of ambitious foreign companies seeking opportunities in China.
Specialties
Landing in China, Integrated Marketing, Digital Marketing, Training, Advertising & Media buy, Branding, Events and TradeShows, Internal Communications, Marketing and Communications Strategy, Market Research, Public Relations, Traditional Marketing Tools Development
China Outbound M&A Opportunities- Identifying Attractive Global Consumer BrandsKC Yoon
As the Chinese economy continues to grow, we see an expanding middle-class of Mass-affluent Chinese consumers who are creating demand for consumer brands and services.
1.With the young and limited domestic consumer brand market, significant opportunities exist for foreign consumer brands (esp. luxury and premium foreign brands), consumer technology & services to fill the demand gaps.
2.Chinese brands can learn much from partnerships and ventures with experienced foreign brands as they attempt to go global.
3.China-based PE Funds are also shifting their focus away from investments in domestic market towards more attractive M&A opportunities in foreign brands (seeking capital due to weak domestic markets)
Year upon year of double-digit economic growth and urbanization has armed tens of
millions of Chinese consumers with increasing disposable income and a voracious
appetite for luxury goods. In 2009, China surpassed the United States as the world’s
second-largest luxury market, trailing only Japan. However, while several prestige
brands have been operating in China for almost 20 years, most are still trying to
determine how to best tap this enormous but complex opportunity.
In this report Roland Berger using their unique RB Profiler tool, analyzed data gathered from over 12,000 interviews and then proceeded to identify eight consumer archetypes for China: the traditionalist, the modern performer, the minimalist, the hedonist, the conformist, the progressive maximalist, the traditional maximalist and the self-centered type.
In our chapter, CIC utilizes our proprietary automobile IWOM data set to provide a basic outline of the IWOM landscape around automobiles. You can also find contributions from Beijing Benz Daimler-Chrysler (BBDC) President and CEO Günter Butschek and L’Oreal China CEO Paolo Gasparrini.
The Voice of Luxury: Social Media and Luxury Brands in China (GroupM China an...Kantar Media CIC
A collaborative research effort by GroupM Knowledge China and CIC has unveiled Chinese consumers’ behavior and interests in interacting with luxury brands in China. Using the foremost social media analytical technologies to collect over 2.7 million consumer comments in the Chinese social media arena, the research findings equip advertisers in the luxury industry to navigate the complex culture and fragmented landscape of China’s digital space, and to effectively participate in the conversation.
In partnership with L2, a think tank for prestige brands, Labbrand presents this exclusive ranking on the Digital IQ of prestige brands in China. This special edition of the Digital IQ report highlights key findings of the study and discusses the implications for prestige brands. It concludes by presenting actionable tips on what your brand can do to enhance your Digital IQ and build brand equity in China.
Michael Stanat, Global Research Executive at SIS International Market Research discusses some of the economic transformations and trends impacting the market research industry
Market Research Report : Retail Market in India 2012Netscribes, Inc.
For the complete report, get in touch with us at : info@netscribes.com
Retail market in India was valued at INR 16.94 tr in 2010 and is expected to grow at a CAGR of 11%. It accounts for 22% of the country's GDP and is the second largest employer with 35.06 mn people. Traditional retail formats are fast getting replaced by modern organised retail formats. Due to growing retail space and changing consumer behaviour, retail market in India is poised for strong growth in the near future.
The report begins with the market overview section that gives an insight into the retail market in India, its market size and growth, along with the share of major retail segments. Low organised retail penetration indicates huge growth potential of this market. This is followed by the major segments in the retail market, where food and grocery occupies the largest share. The various market entry strategies available for foreign retailers, franchising, cash and carry wholesale trading, strategic license agreements, joint ventures, manufacturing, distribution, have also been highlighted. A comparison of the traditional retail supply chain with the modern retail supply chain has also been given. The section also includes an overview of the various organised retail formats, hypermarkets, cash-and-carry, department stores, supermarkets, shop-in-shop, specialty stores, category killers, discount stores and convenience stores. Additionally, an analysis of Porter’s Five Forces provides an insight into the competitive intensity and attractiveness of the market.
An analysis of the drivers and challenges explains the factors leading to the growth of the market including low organised retail penetration, rising income levels and consumerism, growing retail space and mall boom, increasing availability of credit and changing demographics and consumer behaviour. Strong opportunity exists in the market due to low organised retail penetration in India. This coupled with the fact that income level and consumerism are rising, will drive the retail market. The key challenges identified are insufficiencies in supply chain, shortage of skilled manpower and real estate issues.
Key trends in the market have also been analysed which includes emergence of innovative retail formats, online and rural retailing and integration of various business strategies. This is followed by a section on the FDI scenario of the retail market in India which includes evolution of retail FDI policy, current FDI scenario in retail, single brand retailing and multi brand retailing in India. A section on the investment scenario of this market is also highlighted, including investment and expansion plans, mergers and acquisitions, and partnership agreements in the retail sector.
The competition section provides an overview of the competitive landscape in the market and includes a detailed profile of the major players. It begins with a matrix showing the various retail formats under which the playe
Winning in Growth Cities is an annual report which examines global commercial real estate investment activity, assessing cities by their success at attracting capital.
Get the full report at http://cushwk.co/wigc
The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
"𝑩𝑬𝑮𝑼𝑵 𝑾𝑰𝑻𝑯 𝑻𝑱 𝑰𝑺 𝑯𝑨𝑳𝑭 𝑫𝑶𝑵𝑬"
𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
𝐓𝐉 𝐂𝐨𝐦𝐬 provides unlimited package services including such as Event organizing, Event planning, Event production, Manpower, PR marketing, Design 2D/3D, VIP protocols, Interpreter agency, etc.
Sports events - Golf competitions/billiards competitions/company sports events: dynamic and challenging
⭐ 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬:
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➢CHILDREN ART EXHIBITION 2024: BEYOND BARRIERS
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➢ Vietnam Food Expo with Lotte Wellfood
"𝐄𝐯𝐞𝐫𝐲 𝐞𝐯𝐞𝐧𝐭 𝐢𝐬 𝐚 𝐬𝐭𝐨𝐫𝐲, 𝐚 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐣𝐨𝐮𝐫𝐧𝐞𝐲. 𝐖𝐞 𝐚𝐥𝐰𝐚𝐲𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐭𝐡𝐚𝐭 𝐬𝐡𝐨𝐫𝐭𝐥𝐲 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐨𝐮𝐫 𝐬𝐭𝐨𝐫𝐢𝐞𝐬."
Implicitly or explicitly all competing businesses employ a strategy to select a mix
of marketing resources. Formulating such competitive strategies fundamentally
involves recognizing relationships between elements of the marketing mix (e.g.,
price and product quality), as well as assessing competitive and market conditions
(i.e., industry structure in the language of economics).
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
B2B payments are rapidly changing. Find out the 5 key questions you need to be asking yourself to be sure you are mastering B2B payments today. Learn more at www.BlueSnap.com.
Improving profitability for small businessBen Wann
In this comprehensive presentation, we will explore strategies and practical tips for enhancing profitability in small businesses. Tailored to meet the unique challenges faced by small enterprises, this session covers various aspects that directly impact the bottom line. Attendees will learn how to optimize operational efficiency, manage expenses, and increase revenue through innovative marketing and customer engagement techniques.
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[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
Kseniya Leshchenko: Shared development support service model as the way to ma...Lviv Startup Club
Kseniya Leshchenko: Shared development support service model as the way to make small projects with small budgets profitable for the company (UA)
Kyiv PMDay 2024 Summer
Website – www.pmday.org
Youtube – https://www.youtube.com/startuplviv
FB – https://www.facebook.com/pmdayconference
Digital Transformation and IT Strategy Toolkit and TemplatesAurelien Domont, MBA
This Digital Transformation and IT Strategy Toolkit was created by ex-McKinsey, Deloitte and BCG Management Consultants, after more than 5,000 hours of work. It is considered the world's best & most comprehensive Digital Transformation and IT Strategy Toolkit. It includes all the Frameworks, Best Practices & Templates required to successfully undertake the Digital Transformation of your organization and define a robust IT Strategy.
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2. Agenda
China luxury market overview
Key trends of China luxury market
Implications for luxury brands in China
G&G Consulting
3. China luxury market overview
Who are the consumers?
How much did they spend on luxury goods?
Where did they purchase the luxury goods?
What luxury goods did they purchase?
Why did they purchase them?
How did the brands approach the market?
G&G Consulting
4. China’s Four Categories of Luxury Consumers
Who
Core Luxury Buyers
Affluent households that spend
between 12% and 20% of their
income on luxury goods
A total of RMB 20,000-60,000 (US$
3,000-9,000) on luxury goods
More than half of luxury consumers
G&G Consulting
5. Who Majority of growth in 2010 came from new customers
Key Highlights
New customers
Existing customers China market is supply
Total spending driven; new store openings
create new demand
“Our new stores in Tier 2/3
cities not only attract
original consumers, but
bring in many new
consumers. People in
these cities have strong
desire for luxury goods”
PR Manager, Luxury brand
EST
G&G Consulting
6. How Luxury consumption (2010)
much
Luxury consumption (2010, Euro B)
US Japan Greater Italy France Mainland UK Germany Korea ME HK Russia
China China
SOURCE: Bain - China luxury market study 2011
G&G Consulting
7. Total luxury spend by mainland Chinese reached
Where RMB212B in 2010; but >50% spent overseas
Total China luxury spend
Growth
(RMB B) (09-10)
1561 2117 36%
Overseas Overseas
38%
378 522
HK&MC HK&MC
500 45%
724
Mainland Mainland
27%
China China
684 871
SOURCE: Bain - China luxury market study 2011
G&G Consulting
8. Strong growth, increased by 27% across all luxury
What categories. In each luxury category, the top 5 brands
account for >50% of sales
2010 China domestic luxury spend (RMB B) Total = RMB 87B
Watches Suitcases &
Cosmetics, perfume Menswe Shoes Other
& personal care handbags ar Jewelry Women swear
Top 5 brands by category in alphabetical order
SOURCE: Bain - China luxury market study 2011
G&G Consulting
9. “Internationally well-known brand” has become
Why one of the top buying factors with “superior
craftsmanship” continuing to be the most important
G&G Consulting
10. Motivators: Emotive factors , status-seeking and
Why needs based factors emerged as key drivers
SOURCE: KPMG - Luxury experience in China
G&G Consulting
11. Agenda
China luxury market overview
Key trends of China luxury market
Implications for luxury brands in China
G&G Consulting
12. 5 key trends in China luxury market
Consumers expect comprehensive and differentiated
services
Tier 2/3 cities continues to be the “new” battleground
Continued importance of online platforms
Increasing brand building efforts, and more localized
Increasing gifting, and more diversified
G&G Consulting
13. Chinese consumers are becoming more sophisticated, and
1 demanding better service experience
Key Highlights
Rising awareness of
brands and prices
Less flash, more
understatement
More sophisticated and
demanding better service
experience
G&G Consulting
14. Plotting your retail footprint:
2
Tier 2/3 cities continue to be the “new” battleground
Key Highlights
Stores opening from 2008
Tier 1 cities
Tier 2 cities Proliferation of real
Tier 3 cities estate development in
Tier 2/3 cities
Consumer’s attitudes in
Tier 2/3 cities towards
luxury and wealth similar
to Tier 1
However, talent storage
and rising labor costs
are hurdles fro growth in
Tier 2/ 3 cities
Stores by the end of Sep 2011
G&G Consulting
15. More and more brands employ social media as an ecommerce
3 channel, inspiring customer's desire to purchase and build
image
“Which channels of internet do you
normally get information on
luxury goods?”
Burberry - kaixin Coach - Renren
Social media* News portal Video portal
Bottega Veneta
- Weibo Sina
Social media includes: SNS, weibo and blog
Lancôme -
iPhone apps LV - Jiepang
G&G Consulting
16. 3 Internet continues to serve as an important marketing
channel in China for luxury brands
Key Highlights
Internet is approaching
magazines as a key
information source for
consumers of luxury
brands
Brands invest to provide
engaging consumer
experience through their
China website to promote
brand heritage and culture
G&G Consulting
17. 4
More localized marketing
efforts in 2010, including
social and non-profit
activities
Brands tried to link themselves
with China in marketing
campaigns…
Luxury brands continue to
actively organize charity events
G&G Consulting
18. Gifting remains significant; cash cards enable diversification
5 and drive brands to increase desirability
“What % of the luxury goods you’ve Key Highlights
purchased is for gifting? Own
consumption? Banks launch ExpressPay Cards as gifting
card:
Anonymous, different face values
Gifting Can be used domestically ad
overseas in retailers that accept
UnionPay
However, can’t be recharged or used
in ATM
Own Other service companies such as shopping
malls also launched anonymous shopping
cards
These cards are increasingly used for
gifting:
Gift receivers have more freedom to
choose the brands/products that
they want G&G Consulting
19. Agenda
China luxury market overview
Key trends of China luxury market
Implications for luxury brands in China
G&G Consulting
20. Who Where
• Tier 2/3 cities, in addition to • Educate consumers in
Tier 1 mainland, get returns in the
• Could be educated How Greater China and overseas
• New customers strategy much
Massive market,
Why
What still growing
• Brand, craftsmanship
• Potential in all luxury
• Innovation design
categories
• Self-reward & individuality
• Top 5 in each category counts
as motivators provide new
opportunities
G&G Consulting
21. Implications for luxury brands in China
Strategic approach Winning way
Position in the right category & • positioning
Own the share of mind and share • Systematic brand awareness
of voice in the specific category building
• Digital strategy
Make it available • Diversified channels
Increase consumers' loyalty • Wonderful buying journey
• CRM
G&G Consulting
22. Implications for luxury brands in China
Main challenges ahead Implications for luxury brands
Increasingly crowded market; Increase brand equity investment and
Brand several brands with undifferentiated differentiation
image in the eyes of Chinese consumers; Enhance the personality of the brand through
Building
local events & social / non-profit activities
some brands are even not awarded
Ecommerce of luxury goods is at the Identify influential bloggers and educate them
emerging stage; about the brand
Digital
models of the operation vary Work with a social media agency to monitor
Strategy and react to online conversations
Craft brand's e-commerce presence
Chinese consumers expect to experience Build / enhance service facilities and
Exceptional superior service in China capabilities in China to cope with overall
Service Chinese purchases, not just domestic
More sophisticated Chinese consumers Build / enhance CRM systems to manage
expect to be recognized and served Chinese consumer base globally
CRM equally well everywhere
G&G Consulting