China´s Baidu is often dubbed China´s Google, but Kaiser Kuo, Baidu´s director of international communications, is happy to explain the SF Chronicle what American and European internet users are currently missing when they rely on Google, and what they might can get in the future.
Category Archives: retail
Going cheap is no longer the prevailing trend among China´s consumers, as especially the younger ones, who have traveled a lot, look for good quality, says retail analyst Ben Cavender in the International Business Times.
The world outside China hardly realizes how fast e-commerce is changing the country. “Brick-and-mortar is basically dead, unless you have something special to offer,” says Shanghai-based business analyst Shaun Rein , author of The End of Copycat China in the South China Morning Post. The rest of the world will follow.
The recent financial turmoil has different effects on different industries, notes Wei Gu, wealth editor of the Wall Street Journal in Hong Kong. While sales have dropped in retail, as mainland shoppers drop out, bankers are extremely busy helping mainland customers to change a devaluating Yuan into other currencies.
Japan´s fashion brand Uniqlo is already leading in the China market over its Western competitors, and its link with Disney might give it an extra advantage, says retail analyst Ben Cavender in MarketWatch.
McDonald´s used to be a winner in China, but has started to face dropping sales. Retail analyst Ben Cavender explains why the US firm is likely to keep on dropping in AsiaOne. Food scandals caused loss of confidence among the consumers, and McDonald´s has been unable to repair the damage.
Much on the consumer debate in China focuses on the high-income buyers. Time to change that, says retail analyst Shaun Rein, and author of The End of Copycat China: The Rise of Creativity, Innovation, and Individualism in Asia. Spending power of low-income consumers is going up fast, he tells KTUU.
China has a glut in shopping malls, but outlets are only starting to gain steam. WSJ wealth editor Wei Gu discusses with Sebastian Skiff of CBRE, a real estate consultancy, on what is needed for successful outlets, and why only a limited number might work.
Shanghai-based add guru Tom Doctoroff has been arguing since his book Twitter is Not a Strategy: Rediscovering the Art of Brand Marketing social media and traditional marketing strategies need to team up. In the Huffington Post he gives nine rules for effective online content, Here´s no.5 five, including Ford in China.
The decision by Best Buy to withdraw from the China market is not a real surprise, and illustrates that successful brands elsewhere cannot assume they can conquer the China market too, says Shanghai-based retail analyst Ben Cavender in the China Daily.