Made in China: 8 Insights into the Chinese ConsumerBrand Genetics
A succinct overview of key factors influencing Chinese Consumer behaviour.
China truly is a land of opportunity with 30 years of growth that have helped lift millions out of poverty, enriched a middle class that is expanding fast and created 2.7 million millionaires and over 250 billionaires (US$). Given this speed of change and the complexity of a country with a population of 1.35 billion, making sense of the consumer and market context is not just useful, it's vital for success. Even if you're not working directly with China, you may be feeling its growing influence.
At Brand Genetics we're constantly working to understand the direction of change in global markets and identify the implications and opportunities for brands. To share some of our learnings the attached Speed Briefing outlines 8 key insights into the fast evolving world of the Chinese consumer.
How can businesses keep up with the rapidly growing Chinese economy while at the same time conquering the rest of the Asian market? This white paper explores customer support as the solution that bridges companies to Chinese-speaking customers.
Chief talk: While the Global Economy Facing Huge Challenges, How Could the Fo...Simba Events
Chief talk: While the Global Economy Facing Huge Challenges, How Could the Food Industry Maintain High-Volume Growth?
——plenary | Moderator: Leo Xie, Regional President APAC, DSM Food Specialties;
Guest: Aalt Dijkhuizen, President, Dutch Topsector Agri & Food; Former President, Wageningen University
Stephen Maher, President, Mondelez China
Zhou Li, Secretary of the Board, Ph.D, Nongfu Spring
David Wang, CEO, Mercury Holding Co., Ltd
Made in China: 8 Insights into the Chinese ConsumerBrand Genetics
A succinct overview of key factors influencing Chinese Consumer behaviour.
China truly is a land of opportunity with 30 years of growth that have helped lift millions out of poverty, enriched a middle class that is expanding fast and created 2.7 million millionaires and over 250 billionaires (US$). Given this speed of change and the complexity of a country with a population of 1.35 billion, making sense of the consumer and market context is not just useful, it's vital for success. Even if you're not working directly with China, you may be feeling its growing influence.
At Brand Genetics we're constantly working to understand the direction of change in global markets and identify the implications and opportunities for brands. To share some of our learnings the attached Speed Briefing outlines 8 key insights into the fast evolving world of the Chinese consumer.
How can businesses keep up with the rapidly growing Chinese economy while at the same time conquering the rest of the Asian market? This white paper explores customer support as the solution that bridges companies to Chinese-speaking customers.
Chief talk: While the Global Economy Facing Huge Challenges, How Could the Fo...Simba Events
Chief talk: While the Global Economy Facing Huge Challenges, How Could the Food Industry Maintain High-Volume Growth?
——plenary | Moderator: Leo Xie, Regional President APAC, DSM Food Specialties;
Guest: Aalt Dijkhuizen, President, Dutch Topsector Agri & Food; Former President, Wageningen University
Stephen Maher, President, Mondelez China
Zhou Li, Secretary of the Board, Ph.D, Nongfu Spring
David Wang, CEO, Mercury Holding Co., Ltd
BU504 - Integrated Marketing Communications
Instructor: Michelle K. Bonny
Southern States University
Week 3 – Discussion Question
Bruna Martins
As a consumer, do you believe yourself to be highly influenced by brand communication that effectively manages messages that are aimed at presenting product(s) as part of a desirable lifestyle? Also, from this perspective, do you agree with the statement in the article that, "You can buy what’s in the photo, but what you’re really hoping to purchase is access to that lifestyle"? Explain your point of view as a consumer, with reference to your own use of, or experience with, social media platforms, such as Instagram, in which brand messages offer connections to an "ideal" or "dream" life.
As a consumer, I believe I’m highly influenced by brand communication, specially on Instagram, because I’m always there, checking the news about my friends, famous people or products.
Instagram is a simple way to capture and share the world’s moments. You can follow your friends and family to see what they’re up to, and discover accounts from all over the world that are sharing things you love. There is over 500 million people on Instagram and they can express themselves by sharing all the moments of the day but is also a great tool for brand communication.
I totally agree with the statement in the article that says: "You can buy what’s in the photo, but what you’re really hoping to purchase is access to that lifestyle"?. I agree because Instagram make us feel like all the people in the world are enjoying their lives, make us feel like they are perfect and have a perfect life and that’s not true, so I think people buy what’s in the photo to feel a little bit like the person who is wearing or using the product, what is great to the brands, but not that good for the real people and real life.
BU504 - BU504 Integrated Marketing Communications
Instructor: Michelle K. Bonny
Southern States University
Week 1 – Discussion Question
Bruna Martins
My name is Bruna Spera Martins, I am 27 years old, I have a bachelor degree in Odontology and I already had some experiences studying abroad and working in the field.
In 2013 I did an ESL program in San Diego-US, and I had great experiences over there. I really got to know the American culture and made American friends. That time I was 22 years old and I could notice how I got so much better as a person and how to deal with different type of things on my own.
I started to study Odontology in 2010 in the Paulista University (UNIP) and while I was studying I did an internships in the field. My internship was as a dental hygienist in my family’s Dental Clinic. My job there was to see patients and help them with dental cleaning and whitening.
After I had my internship experience, in 2013 I decided to study English to improve my skills and be able to do dental specific courses and programs.
And it was in 2013 that I went to California, .
China’s brands haven’t yet made a notable impact on the global consumer market, but will that change in the near future? Before the country can develop a cohort of strong brands, its marketers will have to remake what “Made in China” means to consumers. A leading crop of Chinese brands are already chipping away at some of the key factors standing in the way of global success as China actively seeks to export more than just the rest of the world’s manufactured goods.
This report details the external and internal factors hindering the efforts of Chinese brands to take root in developed markets. It also details some of the strategies that prominent brands, from Lenovo and Li-Ning to Haier and Huawei, are deploying to knock down these roadblocks.
A complete guide to promotional products industry. Learn about all the aspect promotional products and it's usage. Make your brand popular among people with the help of promotional giveaways.
Source:- http://blog.promodirect.com/Documents/Decoding_Promotional_Products_Industry.pdf
The fundamentals of marketing & advertising will remain the same even in today's digital world. An overview of the fundamentals in a presentation made to MBA students in Bangalore.
The scale of the global market, for mobile technology, has never been bigger. It grows dramatically each year, yet so few startups ever formulate an international strategy, let alone start with one. Join Quietly's Dario Meli for a conversation on emerging markets around the world, from the perspective of launching a mobile-first social application.
The human psyche will undoubtedly be affected by the first global pandemic the world has seen in over 100 years. Nobody can yet predict the extent of its damage but we do know that much has changed. This document is not scientific in nature, rather is based on human insights gathered over the most drastic one-month period of our generation.
The intent of this report is to inspire thought and creativity amongst marketers and business leaders. Our goal is to help identify new opportunities for businesses as human behaviour evolves.
How to Use A Chainsaw Without Cutting Off Your Leg (and other social media help)MicroExplosion Media
Social media gets a ton of attention these days but many people don't understand that having the right mindset with the new tools and technology is actually more important than simply knowing how to use the tools. This is my presentation about how to think about the social media the right way.
Learning Objectives:
- To Understand What Consumer Behavior Is and the Different Types of Consumers.
- To Understand the Relationship Between Consumer Behavior and the Marketing Concept, the Societal Marketing Concept, as well as Segmentation, Targeting, and Positioning.
- To Understand the Relationship Between Consumer Behavior and Customer Value, Satisfaction, Trust, and Retention.
- To Understand How Marketers are Increasingly Able to Reach Consumers via Social Media and Better Satisfy the Needs and Wants of Consumers.
- To Understand the Makeup and Composition of a Model of Consumer Behavior.
Our guide will provide you with a roadmap of the current situation, what this means for brands, and what you can do in the coming months to protect your brand’s vitality.
BU504 - Integrated Marketing Communications
Instructor: Michelle K. Bonny
Southern States University
Week 3 – Discussion Question
Bruna Martins
As a consumer, do you believe yourself to be highly influenced by brand communication that effectively manages messages that are aimed at presenting product(s) as part of a desirable lifestyle? Also, from this perspective, do you agree with the statement in the article that, "You can buy what’s in the photo, but what you’re really hoping to purchase is access to that lifestyle"? Explain your point of view as a consumer, with reference to your own use of, or experience with, social media platforms, such as Instagram, in which brand messages offer connections to an "ideal" or "dream" life.
As a consumer, I believe I’m highly influenced by brand communication, specially on Instagram, because I’m always there, checking the news about my friends, famous people or products.
Instagram is a simple way to capture and share the world’s moments. You can follow your friends and family to see what they’re up to, and discover accounts from all over the world that are sharing things you love. There is over 500 million people on Instagram and they can express themselves by sharing all the moments of the day but is also a great tool for brand communication.
I totally agree with the statement in the article that says: "You can buy what’s in the photo, but what you’re really hoping to purchase is access to that lifestyle"?. I agree because Instagram make us feel like all the people in the world are enjoying their lives, make us feel like they are perfect and have a perfect life and that’s not true, so I think people buy what’s in the photo to feel a little bit like the person who is wearing or using the product, what is great to the brands, but not that good for the real people and real life.
BU504 - BU504 Integrated Marketing Communications
Instructor: Michelle K. Bonny
Southern States University
Week 1 – Discussion Question
Bruna Martins
My name is Bruna Spera Martins, I am 27 years old, I have a bachelor degree in Odontology and I already had some experiences studying abroad and working in the field.
In 2013 I did an ESL program in San Diego-US, and I had great experiences over there. I really got to know the American culture and made American friends. That time I was 22 years old and I could notice how I got so much better as a person and how to deal with different type of things on my own.
I started to study Odontology in 2010 in the Paulista University (UNIP) and while I was studying I did an internships in the field. My internship was as a dental hygienist in my family’s Dental Clinic. My job there was to see patients and help them with dental cleaning and whitening.
After I had my internship experience, in 2013 I decided to study English to improve my skills and be able to do dental specific courses and programs.
And it was in 2013 that I went to California, .
China’s brands haven’t yet made a notable impact on the global consumer market, but will that change in the near future? Before the country can develop a cohort of strong brands, its marketers will have to remake what “Made in China” means to consumers. A leading crop of Chinese brands are already chipping away at some of the key factors standing in the way of global success as China actively seeks to export more than just the rest of the world’s manufactured goods.
This report details the external and internal factors hindering the efforts of Chinese brands to take root in developed markets. It also details some of the strategies that prominent brands, from Lenovo and Li-Ning to Haier and Huawei, are deploying to knock down these roadblocks.
A complete guide to promotional products industry. Learn about all the aspect promotional products and it's usage. Make your brand popular among people with the help of promotional giveaways.
Source:- http://blog.promodirect.com/Documents/Decoding_Promotional_Products_Industry.pdf
The fundamentals of marketing & advertising will remain the same even in today's digital world. An overview of the fundamentals in a presentation made to MBA students in Bangalore.
The scale of the global market, for mobile technology, has never been bigger. It grows dramatically each year, yet so few startups ever formulate an international strategy, let alone start with one. Join Quietly's Dario Meli for a conversation on emerging markets around the world, from the perspective of launching a mobile-first social application.
The human psyche will undoubtedly be affected by the first global pandemic the world has seen in over 100 years. Nobody can yet predict the extent of its damage but we do know that much has changed. This document is not scientific in nature, rather is based on human insights gathered over the most drastic one-month period of our generation.
The intent of this report is to inspire thought and creativity amongst marketers and business leaders. Our goal is to help identify new opportunities for businesses as human behaviour evolves.
How to Use A Chainsaw Without Cutting Off Your Leg (and other social media help)MicroExplosion Media
Social media gets a ton of attention these days but many people don't understand that having the right mindset with the new tools and technology is actually more important than simply knowing how to use the tools. This is my presentation about how to think about the social media the right way.
Learning Objectives:
- To Understand What Consumer Behavior Is and the Different Types of Consumers.
- To Understand the Relationship Between Consumer Behavior and the Marketing Concept, the Societal Marketing Concept, as well as Segmentation, Targeting, and Positioning.
- To Understand the Relationship Between Consumer Behavior and Customer Value, Satisfaction, Trust, and Retention.
- To Understand How Marketers are Increasingly Able to Reach Consumers via Social Media and Better Satisfy the Needs and Wants of Consumers.
- To Understand the Makeup and Composition of a Model of Consumer Behavior.
Our guide will provide you with a roadmap of the current situation, what this means for brands, and what you can do in the coming months to protect your brand’s vitality.
Similar to Entrepreneurship_Global_Team_Project (18)
1. Marketing Lentium Contact Lenses in China 1
Entrepreneurship Global Team Project:
Marketing Lentium Contacts in China
Christian J. Rupe
Ohio Northern University
2. Marketing Lentium Contact Lenses in China 2
About China and Who Our Competition Would Be
China is listed as the largest country in the world based on population alone. Total, there
are 1,355,692,576 people that inhabit that country of China. Of this near half billion sized
population, there are around fifty-six ethnic groups and total seven different languages spoken by
the Chinese population. This is a very diverse people not compared to the “melting pot” of the
United States where there are hundreds of different races and ethnic backgrounds that populate
America. China and the United States have been strong marketing partners since the 1800’s to
present day. If an individual were to check the tags on most of their products, they would notice
that most of them have the label “Made in China” stitched on those tags. China helps
manufacture most of the products that are imported into the United States, including our own
contact lenses. Currently, China manufactures many of the contact lenses we wear today
including Acuvue.
Based on our product Lentium, Acuvue, along with many other contact lens
manufacturers, would be our main competition. Since we already know that Acuvue is a Chinese
made product, we can already assume that our contact lenses would have to be made in China
along with Acuvue and other lenses. This would be great competition for our product because we
would be pushing for Americans to buy our “Made in China” contact lenses just as much as
Acuvue would be pushing for theirs. By the time our product takes off, hopefully, we would
have our rights reserved for other outside contact lens manufacturers to start incorporating our
product in conjunction with their own.
3. Marketing Lentium Contact Lenses in China 3
Who Our Customers Would Be and Chinese Culture
Our target market would be anyone who wears contact lenses or anyone within the world
willing to test out a brand new style of contact. Our target market would not necessarily be
strictly the Chinese people considering that China is trade partners with the United States. Our
product could be exported out of China to the United States to then expand our target market
globally. This is our main goal to have a globally known contact lens that is safe, trusted, and
revolutionary. The market or customers are very similar to that of the United States in terms of
wants and needs. Chinese and Americans generally use the same products, but China releases
their products sooner than what we do in America. Culturally, we have similarities as far as
diversity, but most ethnic groups in China would not have a problem with our product, Lentium,
because it a form of eye wear. Some ethnic groups do have restrictions on technology, but our
product is not one of a technological advancement. It is more so an improvement of the already
popular contact lens that billions of the world’s population uses.
Best Way for Us to Market in China
Our product, Lentium, could be a globally popular product if it were made in China and
exported back to the US or even internationally like other contact lenses. The only change we
would have to make would be the brand name. Lentium is a Latin word that translates to “lens”.
Since it is a language outside of our own, we would either have to have our brand name
copyrighted or we would have to change it based on the Latin people. Hopefully, we would not
have problems in China and around the world with our name being that of Latin origin. The best
way of entry for marketing our product in China, is to simply travel out to China and present that
product at a convention called, The Canton Fair. Here, thousands from around the world come to
present their inventions and prototypes of products that they feel would change the world. If your
4. Marketing Lentium Contact Lenses in China 4
product is good enough, you can then be contacted by many manufacturers willing to make your
product and put it on the market as soon as possible. This is the simplest and most convenient
way to start in China’s competitive market. From there, the product can be exported to other
countries depending on its success in China. Since China’s market is highly familiar to that of
the United States, it would be fairly easy to have success with our product in the United States
depending our high success in China’s market.
Final Recommendations
Our product Lentium, would have great success in China’s market because they are
always looking for the next best thing just as much as the market in America. Because China and
the United States are trade partners we would not have any trouble distributing our product from
China back to America. China has a very diverse culture as well as the United States, so there
would be no issues in terms of presenting our product to a highly diverse number of people.
Billions of people around the world wear some form of eye wear to protect their eyes or to
improve their vision. Our product would just be an advancement on those products already worn
by the public in China. Lentium contact lenses would be a great success not only in China, but
eventually internationally.
5. Marketing Lentium Contact Lenses in China 5
Bibliography
China's Ethnic Policy and Common Prosperity and Development of All Ethnic Groups. (2010,
February 11). Retrieved from Chineses Journal of International Law:
http://chinesejil.oxfordjournals.org/content/9/1/221.full
Early American Trade with China. (2006). Retrieved from Teaching Resources:
http://teachingresources.atlas.illinois.edu/chinatrade/introduction04.html
Ogle, S. (2015, Paril 21). HOW TO CREATE A PRODUCT IN CHINA (AND MAKE $100K IN A
WEEK ON KICKSTARTER). Retrieved from Location180:
http://www.seanogle.com/entrepreneurship/original-grain-watches-kickstarter
THE WORLD POPULATION AND THE TOP TEN. (2015, March 19). Retrieved from Internet
World Stats: http://www.internetworldstats.com/stats8.htm
Zimmerman, K. A. (2015, January 20). Chinese Culture: Customs & Traditions of China.
Retrieved from livescience: http://www.livescience.com/28823-chinese-culture.html