New retail is changing the mindset of both the Chinese consumers and the retailers, writes marketing expert Ashley Dudarenok. Some brands are finally getting the idea, but for traditional retailers, there is still a lot of work to be done, she says in the China Economic Review.Read More →
Japan’s discount-furniture king, Akio Nitori, dubbed the country’s IKEA, now wants to export its success into the region’s largest market: China. Business analyst Shaun Rein doubts whether their Japan success can be copied into China, he tells Bloomberg.Read More →
Gone are the old queues of eager customers lining up in China’s cities, selling to Chinese customers has become a challenge. The quality of your customer’ services is going to be key for your sales, explains retail analyst Ben Cavender in CKGSB Knowledge.Read More →
The decision to close down German retailer Media Markt in China shows – yet again – a profound lack of understanding on how the market in China works, tells business analyst Ben Cavender in the China Daily.Read More →
Bag-seller Gucci bought a majority share in Chinese jeweler Queelin to enter a new segment of the luxury market. A smart move, says business analyst Ben Cavender in Business Week, as jewelry might be the next big thing for Chinese consumers.Read More →
Business in China is going through a paradigm change as the traditional price competition is giving way to quality, tells business analyst Ben Cavender in CKGSB Knowledge. Chinese companies need to get away from the price-based competition that they used to gain market share.Read More →
China’s economy might be under pressure from the downturn in the US and Europe, but changing spending patterns might save its day, business analyst Ben Cavender told the Asian Gaming and Hospitality Congress. Read More →
Localization is the mantra for foreign companies entering China, but many fail. Ben Cavender, senior analyst at the China Market Research Group (CMR) will address some famous cases during a Google+ Hangout on Thursday.Read More →
Being a patriot in China has become much easier, now the government focuses on increasing domestic consumption, writes retail analyst Paul French in The Telegraph. “All they have to do now is shop, shut up and then go shop some more.”Read More →
Kaiser Kuo “No comment.” Few of our speakers have been quoted so often by the mainstream media saying nothing. Kaiser Kuo easily made it into the top-position of most-sought speakers for April as he was – and still is – unable to say anything about a possible cooperation between hisRead More →
Image via CrunchBase The China Speakers Bureau newsletter for April 2011 is available here. Just like last month, our focus is on how foreign companies win (IKEA, Apple) and lose on the booming Chinese luxury market. Related articles IKEA’s China problem: too popular – Shaun Rein (chinaherald.net) Getting your brandRead More →
Image by Getty Images via @daylife The Swedish furniture retailer IKEA has become a public attraction comparable to Disneyland in the small number of stores they have in China, writes Shaun Rein on the CNBC website. When you are too popular as a foreign brand, it is not only goodRead More →