The Rise of Non-Traditional Sports in ChinaMay 15, 2013 by Mark
Ask a random westerner about sport in China, and they may rattle off Olympic swimming women, ping pong stars, badminton legends and a basketballer. Considering its population, China isn't well known for its sporting prowess. Nevertheless, like most segments in China, sport is big business and is on the rise. The NBA website, for example, has had 4.5 billion page views from China this season and 3.2 billion games streamed online, up 169% from last season. NBA has more than 100 employees servicing the mainland and a budget of hundreds of millions of dollars, in a market worth tens of billions in advertising, sponsorship and merchandise. Nike's China fortunes alone are picked to increase $4 billion if LeBron James' Heat wins the playoffs.
China's Rise & Rise of Imported FoodMay 6, 2013 by Mark
You probably heard the news late last week about China's fake beef and lamb made from rat and fox. Couple that with the H7N9 chicken drumsticks, decaying pigs in rivers, hauls of putrid, dead fish flavoured with ginger infused with highly toxic pestacide - and that's just in the past month. It doesn't exactly leave you salivating.
Alibaba & Weibo - Expect Good ThingsMay 1, 2013 by Mark
China's top eCommerce company, Alibaba, bought an 18% share of Sina Weibo this week. It's the biggest thing to happen for China's Internet this year and is likely to have implications for any business selling to Chinese consumers. Weibo is one of the hot marketing channels in China right now, although it has lost some of its mojo lately. With WeChat closing in, the Alibaba deal may just give it the shot in the arm it needs.
China's Government Influence over ConsumersApril 24, 2013 by Mark
Apple is again in the dog box in China, this time for having 'obscene' content in it's App Store. It was just last month Apple was being slammed for poor customer service and substandard warranty policies. The company that was once elevated to hero status in China, is increasingly being labelled as the villain.
China's Future for CarsApril 17, 2013 by Mark
Shanghai's carbon footprint has spiked a little lately. Car lovers have flocked to town for last weekend's Shanghai Grand Prix and the 2013 Shanghai Motor Show, kicking off on Sunday. China is already the world's largest vehicle market, and by 2016, will be the biggest for premium cars. With 80% of vehicles bought with hard cash, manufacturers still have the finance lever to create a few new traffic jams.
By 2030, Chinese will buy more cars than Europe and the US combined. Today, 60% of Chinese consumers consider buying a car as much a priority as buying an apartment and funding their children’s education. So it's little surprise the world's auto companies are falling over themselves in their quests to woo more Chinese consumers.
eCommerce is the New Black in ChinaApril 14, 2013 by Mark
Online shopping in China is the new black. Almost 250 million Chinese consumers shop online, together shelling out 55% more in 2012 than in 2011. That's pretty good growth even by Chinese standards. With Internet-connected smartphones costing less than $100, coupled with pollution and Bird Flu outbreaks keeping shoppers in their apartments, the rise of Chinese eCommerce is showing no signs of abating.
Global Thinking Wins Chinese ConsumersApril 2, 2013 by Mark
More and more Chinese consumers are taking trips abroad. China's outbound tourism has grown almost 500% in the past decade, and 100 million are expected to travel this year. According to Global Blue, their overseas spending climbed 30% in 2012 alone. That's fantastic for airlines, hotels, tourism operators and souvenir shops. But it's also a great opportunity for other brands to win over a captive audience who could grow your market both at home and in China. The Chinese who travel are the affluent ones. They're generally fond of foreign goods and are more likely to be key influencers. They'll buy, recommend and even gift your wares to their family, friends and colleagues. They may even praise them on Weibo.
Rise of the China BrandMarch 26, 2013 by Mark
There was once a time when Chinese consumers put almost every foreign brand on a pedestal. Foreign products and services were of a higher quality, better designed and safer, with standards that were reliably policed. We're starting to see those perceptions soften. Much loved, Teflon brands such as Apple, Volkswagen and KFC have taken a hit in China of late, in a trend that's seeing Chinese consumers increasingly warming to local goods and services.
Chinese Consumers Less TolerantMarch 18, 2013 by Mark
With some of the world's least affordable houses, endless food scandals, air quality likened to smoldering boots and, recently, pork-flavoured tap water in Shanghai, you'd think Chinese consumers would have enough to worry about without making pesky complaints for slightly faulty products or surly customer service. Not likely. Although many Chinese are new to the consumer game, they are far from green.
Ch-ch-changes with Chinese ConsumersMarch 12, 2013 by Mark
There's no shortage of evidence about the rate of change in China. From urban landscapes to lifestyles, diets to shopping habits; Chinese consumers preferences are shifting every month. Less than 12-months ago, KFC was the pin-up kid for western businesses breaking into China. Today, although KFC is opening hundreds of restaurants across the country, its sales are actually shrinking. While contaminated chicken can shoulder much of the blame, it has just sped up a trend that many Chinese consumers constantly crave new and fresh experiences. Chinese consumers acceptance of change has become the one constant in this incredibly dynamic market.