The economy of Chongqing: What foreign companies should know about the City Built on Hills | Daxue Consulting
Straddling the upper reaches of the Yangtze River, Chongqing is one of China’s largest and most important cities. In 2020, Chongqing’s economy ranked as the 6th largest in China. With a GDP worth nearly $700 million measured by purchasing power parity, Chongqing has the largest economy of any inland city in China, even more so […]
Bayer in China: How the Pharma giant gained the strong approval of Chinese consumers
Overview of Bayer and Bayer China Bayer AG is a global enterprise with core competencies in the life science fields of health care and agriculture. Bayer, headquartered in Leverkusen, Germany, is one of the most famous companies among the world’s top 500 enterprises. In 2019, the total number of Bayer’s employees was 103,824 and the […]
COVID-19 impact on China’s beauty sector | Report by daxue consulting
In the past five years, the beauty sector in China had shown a steady increase, and China had become the world’s second largest beauty market in 2019. However in late 2019 to early 2020, COVID-19 impact on China’s beauty sector played out in many ways, forcing beauty brands to reconsider their China market strategies. Learn […]
Chinese KOLs vs. Western Influencers: How does an instagram post compare to a minute of livestreaming?
KOL marketing spans across PR (public relations), social media and content marketing. Both KOLs in China and influencers of western countries are playing a very crucial role in public relations and marketing. The differences between Chinese KOLs and western influencers reflects the different perspectives of aesthetics, entertainment, and social media preferences of two cultures. So […]
Apply the Kardashians marketing tactics in China
In 2020, the Kardashians’ fame in China has hit a new high. No matter how you feel about them, you cannot deny their success: the empire of Kim Kardashian worth $350 million and Kylie Jenner’s worth $900 million. This is mainly thanks to the Kardashians marketing genius, which is also trending in the Chinese market. […]
Carrefour in China: 25 years of success ends with slow market exit
In China, Carrefour used to be the largest foreign retailer. However, after 24 years of operations it has taken steps to leave the Chinese market, where it was the fastest-growing among all foreign retail companies. On 23rd June 2019, Carrefour sold 80% of its share of Chinese stores to Suning International. As of March 2019, Carrefour China […]
Daxue Talks transcript #66: Renewed Chinese markets — alternative strategies needed?
Alternative strategies needed in renewed Chinese markets Find here Daxue Talks episode 66. Our guest Miro Li discusses what omnichannel marketing strategies brands could use in the renewed Chinese markets, such as private traffic, as well as how KOLs and brands are evolving to adapt to consumers’ needs during and after the COVID-19 outbreak. Full […]
SARS crisis management: 3 inspiring cases that changed China’s business landscape
Severe acute respiratory syndrome (SARS) is a viral respiratory illness caused by a SARS-associated coronavirus. WHO recognized it as a global threat in mid-March 2003. The first confirmed cases of SARS occurred in Guangdong province in November 2002 and WHO reported that the last human chain of transmission of SARS in that epidemic had been […]
Calvin Klein in China
Introduction of Calvin Klein Calvin Klein (abbreviation: CK), is an American fashion brand, founded in 1968. It was named after the founder, designer Calvin Klein. Calvin Klein is one of the largest designer brands in the United States. Its new product designs are endless, and the momentum of Calvin Klein in China is strong. Their […]
Cartier in China: The king of jewelers
“Jeweler to kings, king of jewelers” said King Edouard VII about Cartier. The jewelry and watchmaking House is prestigious for its finest quality. Since 1847, the brand is developing some of the most prestigious jewellery in the world. With time, their brand expanded; now including watches, pens and other luxury goods. In 1992, Cartier started […]