Category Archives: consumers

Audi loses traction as consumer preferences change – Shaun Rein

Audi has lost 25% market share over two years time, as consumers prefer sexier cars like Mercedes and BMW, tells business analyst Shaun Rein in Bloomberg. Audi’s asset as a government car has now become a liability.

Needed: a China-first strategy – Shaun Rein

During a meeting with the board of one of the largest FMCG companies, business analyst Shaun Rein pleaded for a ‘China-first’ strategy, as the country is key for the companies development. Some of his arguments he summarized in CNBC. Take Apple as an example.

The new global consumer: Chinese – Tricia Wang

Researcher Tricia Wang sends us through her websitea telling advertisement from Guangzhou depicting the new global consumer: a Chinese couple, served by a while male. “The entire global economy right now depends on the Chinese elite and middle-class to spend.”

Helen Wang to visit London, Paris, Europe

Helen Wang, the author of the leading book, The Chinese Dream: The Rise of the World’s Largest Middle Class and What It Means to You, will be visiting London early December on the invitation of Lord Wei. She will also visit Paris and other parts of Europe and is available for speeches.

Smartphones for the masses – Tricia Wang

Nokia’s CEO Stephen Elop suggest that smartphones are only in reach of 10 percent of the population. Wrong, says researcher Tricia Wang, who is observing how the remaining 90 percent in China is getting ready to purchase a smartphone.

Internet users want games and porn – Tricia Wang

Sociologist Tricia Wang analyzes on her website the wonderful world of shanzai, or the mobile knockoffs that are so popular in China. More than features, she tells, Chinese internet users want games and porn on their Nokia N9 knockoff.

Wal-Mart not bullied by China authorities – Shaun Rein

Unlike Wall Street Journal’s columnist Bussey Shaun Rein does not think Wal-Mart – or any other foreign retailer in China – is bullied by the authorities. It’s Wal-Mart who betrayed its customers. Foreign retailers gain more and more market share, he tells in CNBC.

Wal-Mart cannot win on prices in China – Shaun Rein

Low prices might be Wal-Mart’s key marketing tool in the US, in China you lose as a foreign company from domestic competition if you try to beat them on prices, tells business analyst Shaun Rein in Reuters.

Why Wal-Mart falters in China – Paul French

American retailers have a hard time surviving outside their home turf, compared to European and Asian companies, retail analyst Paul French tells Reuters. Wal-Mart had to close stores and saw staff arrested because of price manipulation and mislabeling food products in their stores.

Recalls tarnished HP’s image in China – Sam Flemming

Hewlett Packard’s market share in Asia is slipping, not in the last place because of the fallout of recalls in China, says Sam Flemming, director at CIC, in Business week. How another US firm messed up in China.