SlideShare a Scribd company logo
1 of 40
Investing in branding
An opportunity for chinese companies going global




© Conrad Llorens /China at Barcelona Summit /October, 2011
Brands are complex realities...
Feelings
                                            Prejudices
Perceptions
                            Relations

    Associations
                                           Behaviour
                            Culture

              Experiences
                                      Emotions
Tangible   Intangible


   Reason                    Emotion


Body                                   Soul


 Concept                          Expression


            Internal   External
Brand management involves
different disciplines
Marketing
                                 Communication

              Human Resources

Finance                         Technology
                 Legal
                                         Management

          Psichology
                                Sociology
A brand is many things at once
What people think about our
        products and our company


                            What people think about
                            the people who uses our brand
How people experience
using our brand                       How people feel showing
                                      themselves with our brand


                   What people say
                   about your company
From a management point of view
A brand is a combination of
tangible and intangible attributes
which when properly managed
Makes the product or service unique

Creates emotional bonds and relationships with stakeholders

Builds financial value
Brand equity provides
Higher preference and customer loyalty
Premium prices, higher margins
Stronger attractiveness to talent
Stronger attractiveness to investors and partners
Higher effectiveness in marketing and communication
Higher elasticity for extensions to new products
Higher incomes from licensing
Less vulnerability to competitor actions
Most of the value   100 %


that companies      80 %


generate today      60 %


comes from their    40 %



intangible assets   20 %


                            1950   1970   1990    2010


                              Brand
                              Other Intangible assets
                              Tangibles assets
In a saturated markets of products and
messages, companies have to look
further than product and traditional
marketing
It’s the time for branding
Because differenciation based on tangible assets is almost
impossible
People are more esceptic and
more demanding for companies
to be responsible and ethically
correct
Because of the recession
many peopple are
disappointed with the
governments and the financial
institutions.
But this means that
companies through its brands
have the opportunity to fill the
gap
Competing on price is not
sustainable on the medium term
The only way is to provide value
Brands have to combine global
and local focus
(global concepts + local execution)

Strategies based on universal concepts
Implemention according to each market and culture
How is your country brand?
Products and corporate brands are also related to the
associations of the brand of their country
France



Fashion

Glamour
Sophistication
Elegance
Germany



Engineering

Technology
Efficiency
Reliability
Italy



History & culture

Quality food
Fast cars
Quality of life.
Spain



Passion, energy

Warmth
Vitality
Leisure
China



Emerging power

Low price
Perseverance
Ancient culture
“Brand equity is an strategic
bridge to future earnings”.
“It's a reservoir of cash flow
not yet released”

Richard Ettenson, Thunderbird University
“The purpose of brands is to
get more people to buy more of
your product more often for
more money”

Sergio Zyman, CMO Coca-Cola
Investing in branding results
in profitable and sustainable
growth for the company
China’s domestic market is huge, but western and other emerging
countries are good opportunities too:
Higher prices, higher margins markets.

Shift of the chinese consumer to pay price premium for chinese
brands will still need time, and it’s tougher than changing western’s
perceptions about quality and value of chinese brands.

Affordability, a key factor also in western markets (increasing “value
for money” conciousness).
Chinese brands are gaining global presence and also credibility in
the domestic market
But the challenge is shifting the perception from production to
creation: from “made in China” to “created in China”.

  ere are already good examples of sucessful chinese brands
becoming global (Li-Ning, BYD, Metersbonwe...).

In categories such us medicine, beer, spirits...brands are emphasinzing
the Chinese essence of their brands.
Beyond product and price
Chinese manufacturers need to look beyond price to emphasize
unique aspects of their products and brands.

Stand for something, quality, innovation and integrity are essencial to
build powerful brands.

Sucessful brands balance quality and value, whether at a high or low
price and beyond product features to focus on the user experience
Japan & Korea, “role models” (Sony, Samsung, Toyota...).
But not exactly analogous.

China is not forced to export at an inmediate imperative.

And it happens in a very different time and context.
www.summa.es

More Related Content

What's hot

Essential Concepts Profile
Essential Concepts ProfileEssential Concepts Profile
Essential Concepts Profile
Muhammad Bilal
 
An Introduction To 21st Century Brands
An Introduction To 21st Century BrandsAn Introduction To 21st Century Brands
An Introduction To 21st Century Brands
Jamie Lister
 
3 m breakfast event - Shopping centres: Strategy,Marketing,Concepts
3 m breakfast event - Shopping centres: Strategy,Marketing,Concepts3 m breakfast event - Shopping centres: Strategy,Marketing,Concepts
3 m breakfast event - Shopping centres: Strategy,Marketing,Concepts
SCG International
 
patriciamadeirabrandstrategyportfolio
patriciamadeirabrandstrategyportfoliopatriciamadeirabrandstrategyportfolio
patriciamadeirabrandstrategyportfolio
Patricia Madeira
 
Managing Premium Products
Managing Premium ProductsManaging Premium Products
Managing Premium Products
GOEL'S WORLD
 

What's hot (17)

Young Lions CZ 2022 | MEDIA 06
Young Lions CZ 2022 | MEDIA 06Young Lions CZ 2022 | MEDIA 06
Young Lions CZ 2022 | MEDIA 06
 
Essential Concepts Profile
Essential Concepts ProfileEssential Concepts Profile
Essential Concepts Profile
 
Operation MVB. What does it take to craft a 'minimum viable brand' as a healt...
Operation MVB. What does it take to craft a 'minimum viable brand' as a healt...Operation MVB. What does it take to craft a 'minimum viable brand' as a healt...
Operation MVB. What does it take to craft a 'minimum viable brand' as a healt...
 
The Benefits of City and Regional Branding - Presentation to Local Authoritie...
The Benefits of City and Regional Branding - Presentation to Local Authoritie...The Benefits of City and Regional Branding - Presentation to Local Authoritie...
The Benefits of City and Regional Branding - Presentation to Local Authoritie...
 
Bailey Overview
Bailey OverviewBailey Overview
Bailey Overview
 
An Introduction To 21st Century Brands
An Introduction To 21st Century BrandsAn Introduction To 21st Century Brands
An Introduction To 21st Century Brands
 
a journey of house of brands
a journey of house of brandsa journey of house of brands
a journey of house of brands
 
City Development The Influence of Architecture Art of Place Branding.
City Development The Influence of Architecture Art of Place Branding. City Development The Influence of Architecture Art of Place Branding.
City Development The Influence of Architecture Art of Place Branding.
 
The Art of Place Branding
The Art of Place Branding The Art of Place Branding
The Art of Place Branding
 
City Brands Management
City Brands ManagementCity Brands Management
City Brands Management
 
Creating Places Where People Want To Be
Creating Places Where People Want To BeCreating Places Where People Want To Be
Creating Places Where People Want To Be
 
The one centre factsheet
The one centre factsheetThe one centre factsheet
The one centre factsheet
 
3 m breakfast event - Shopping centres: Strategy,Marketing,Concepts
3 m breakfast event - Shopping centres: Strategy,Marketing,Concepts3 m breakfast event - Shopping centres: Strategy,Marketing,Concepts
3 m breakfast event - Shopping centres: Strategy,Marketing,Concepts
 
Marketing Lead Brochure
Marketing Lead  Brochure Marketing Lead  Brochure
Marketing Lead Brochure
 
patriciamadeirabrandstrategyportfolio
patriciamadeirabrandstrategyportfoliopatriciamadeirabrandstrategyportfolio
patriciamadeirabrandstrategyportfolio
 
Managing Premium Products
Managing Premium ProductsManaging Premium Products
Managing Premium Products
 
Branding Los Angeles Marketing Deck
Branding Los Angeles Marketing DeckBranding Los Angeles Marketing Deck
Branding Los Angeles Marketing Deck
 

Similar to Challenges & opportunities for chinese brands going global

What is a brand? And, what is the real value to business owners?
What is a brand? And, what is the real value to business owners?What is a brand? And, what is the real value to business owners?
What is a brand? And, what is the real value to business owners?
Paul Segreto
 
Vodafone Brand Academy
Vodafone Brand AcademyVodafone Brand Academy
Vodafone Brand Academy
mattus
 
Whatsyourbrandstory
WhatsyourbrandstoryWhatsyourbrandstory
Whatsyourbrandstory
Deb Schmidt
 

Similar to Challenges & opportunities for chinese brands going global (20)

DDI Forum 2011 - Watt International Workshop
DDI Forum 2011 - Watt International WorkshopDDI Forum 2011 - Watt International Workshop
DDI Forum 2011 - Watt International Workshop
 
Branding essentials: Understanding, building and developing powerful brands (...
Branding essentials: Understanding, building and developing powerful brands (...Branding essentials: Understanding, building and developing powerful brands (...
Branding essentials: Understanding, building and developing powerful brands (...
 
The role of the brand in differentiating companies in the new economy of the ...
The role of the brand in differentiating companies in the new economy of the ...The role of the brand in differentiating companies in the new economy of the ...
The role of the brand in differentiating companies in the new economy of the ...
 
Lecture Brands & Branding foundation year at AMFI
Lecture Brands & Branding foundation year at AMFILecture Brands & Branding foundation year at AMFI
Lecture Brands & Branding foundation year at AMFI
 
The Branding Imperative, Fanen Acho
The Branding Imperative, Fanen AchoThe Branding Imperative, Fanen Acho
The Branding Imperative, Fanen Acho
 
Joanna Lord The Inbounder
Joanna Lord   The Inbounder Joanna Lord   The Inbounder
Joanna Lord The Inbounder
 
“Integrated Brand Planning Redefined” barcelona marketing business models Jul...
“Integrated Brand Planning Redefined” barcelona marketing business models Jul...“Integrated Brand Planning Redefined” barcelona marketing business models Jul...
“Integrated Brand Planning Redefined” barcelona marketing business models Jul...
 
What is a brand? And, what is the real value to business owners?
What is a brand? And, what is the real value to business owners?What is a brand? And, what is the real value to business owners?
What is a brand? And, what is the real value to business owners?
 
Brands in Strategic Marketing guest lecture
Brands in Strategic Marketing guest lectureBrands in Strategic Marketing guest lecture
Brands in Strategic Marketing guest lecture
 
Branding
BrandingBranding
Branding
 
What Is Branding?
What Is Branding?What Is Branding?
What Is Branding?
 
Vodafone Brand Academy
Vodafone Brand AcademyVodafone Brand Academy
Vodafone Brand Academy
 
The Business of Building a Brand
The Business of Building a BrandThe Business of Building a Brand
The Business of Building a Brand
 
Building Brand Value Through Social Media
Building Brand Value Through Social Media Building Brand Value Through Social Media
Building Brand Value Through Social Media
 
Identiture Client Guide
Identiture Client GuideIdentiture Client Guide
Identiture Client Guide
 
Brand Week 2019 Istanbul | The Future Of Brands: Lead With Meaning At The Core
Brand Week 2019 Istanbul | The Future Of Brands: Lead With Meaning At The CoreBrand Week 2019 Istanbul | The Future Of Brands: Lead With Meaning At The Core
Brand Week 2019 Istanbul | The Future Of Brands: Lead With Meaning At The Core
 
Cannes 2018: Six Takeaways from the Festival of Creativity
Cannes 2018: Six Takeaways from the Festival of CreativityCannes 2018: Six Takeaways from the Festival of Creativity
Cannes 2018: Six Takeaways from the Festival of Creativity
 
Cannes 2018: Six Takeaways from the Festival of Creativity
Cannes 2018: Six Takeaways from the Festival of CreativityCannes 2018: Six Takeaways from the Festival of Creativity
Cannes 2018: Six Takeaways from the Festival of Creativity
 
Whatsyourbrandstory
WhatsyourbrandstoryWhatsyourbrandstory
Whatsyourbrandstory
 
The Real Brand Owners
The Real Brand OwnersThe Real Brand Owners
The Real Brand Owners
 

Recently uploaded

Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
dlhescort
 
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al MizharAl Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
allensay1
 
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
lizamodels9
 
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
dollysharma2066
 
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...
Sheetaleventcompany
 
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
dollysharma2066
 
Russian Call Girls In Rajiv Chowk Gurgaon ❤️8448577510 ⊹Best Escorts Service ...
Russian Call Girls In Rajiv Chowk Gurgaon ❤️8448577510 ⊹Best Escorts Service ...Russian Call Girls In Rajiv Chowk Gurgaon ❤️8448577510 ⊹Best Escorts Service ...
Russian Call Girls In Rajiv Chowk Gurgaon ❤️8448577510 ⊹Best Escorts Service ...
lizamodels9
 
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabiunwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
Abortion pills in Kuwait Cytotec pills in Kuwait
 

Recently uploaded (20)

Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
 
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al MizharAl Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
 
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
 
Famous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st CenturyFamous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st Century
 
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
 
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 MonthsSEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
 
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
 
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...
 
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
 
Malegaon Call Girls Service ☎ ️82500–77686 ☎️ Enjoy 24/7 Escort Service
Malegaon Call Girls Service ☎ ️82500–77686 ☎️ Enjoy 24/7 Escort ServiceMalegaon Call Girls Service ☎ ️82500–77686 ☎️ Enjoy 24/7 Escort Service
Malegaon Call Girls Service ☎ ️82500–77686 ☎️ Enjoy 24/7 Escort Service
 
Phases of Negotiation .pptx
 Phases of Negotiation .pptx Phases of Negotiation .pptx
Phases of Negotiation .pptx
 
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
 
Falcon Invoice Discounting platform in india
Falcon Invoice Discounting platform in indiaFalcon Invoice Discounting platform in india
Falcon Invoice Discounting platform in india
 
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
 
Russian Call Girls In Rajiv Chowk Gurgaon ❤️8448577510 ⊹Best Escorts Service ...
Russian Call Girls In Rajiv Chowk Gurgaon ❤️8448577510 ⊹Best Escorts Service ...Russian Call Girls In Rajiv Chowk Gurgaon ❤️8448577510 ⊹Best Escorts Service ...
Russian Call Girls In Rajiv Chowk Gurgaon ❤️8448577510 ⊹Best Escorts Service ...
 
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...
 
Marel Q1 2024 Investor Presentation from May 8, 2024
Marel Q1 2024 Investor Presentation from May 8, 2024Marel Q1 2024 Investor Presentation from May 8, 2024
Marel Q1 2024 Investor Presentation from May 8, 2024
 
Organizational Transformation Lead with Culture
Organizational Transformation Lead with CultureOrganizational Transformation Lead with Culture
Organizational Transformation Lead with Culture
 
Falcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investorsFalcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investors
 
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabiunwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
 

Challenges & opportunities for chinese brands going global

  • 1. Investing in branding An opportunity for chinese companies going global © Conrad Llorens /China at Barcelona Summit /October, 2011
  • 2. Brands are complex realities...
  • 3. Feelings Prejudices Perceptions Relations Associations Behaviour Culture Experiences Emotions
  • 4. Tangible Intangible Reason Emotion Body Soul Concept Expression Internal External
  • 6. Marketing Communication Human Resources Finance Technology Legal Management Psichology Sociology
  • 7. A brand is many things at once
  • 8. What people think about our products and our company What people think about the people who uses our brand How people experience using our brand How people feel showing themselves with our brand What people say about your company
  • 9. From a management point of view
  • 10. A brand is a combination of tangible and intangible attributes which when properly managed Makes the product or service unique Creates emotional bonds and relationships with stakeholders Builds financial value
  • 11. Brand equity provides Higher preference and customer loyalty Premium prices, higher margins Stronger attractiveness to talent Stronger attractiveness to investors and partners Higher effectiveness in marketing and communication Higher elasticity for extensions to new products Higher incomes from licensing Less vulnerability to competitor actions
  • 12. Most of the value 100 % that companies 80 % generate today 60 % comes from their 40 % intangible assets 20 % 1950 1970 1990 2010 Brand Other Intangible assets Tangibles assets
  • 13. In a saturated markets of products and messages, companies have to look further than product and traditional marketing
  • 14. It’s the time for branding
  • 15. Because differenciation based on tangible assets is almost impossible
  • 16. People are more esceptic and more demanding for companies to be responsible and ethically correct
  • 17. Because of the recession many peopple are disappointed with the governments and the financial institutions.
  • 18. But this means that companies through its brands have the opportunity to fill the gap
  • 19. Competing on price is not sustainable on the medium term
  • 20. The only way is to provide value
  • 21.
  • 22.
  • 23.
  • 24.
  • 25.
  • 26. Brands have to combine global and local focus (global concepts + local execution) Strategies based on universal concepts Implemention according to each market and culture
  • 27. How is your country brand? Products and corporate brands are also related to the associations of the brand of their country
  • 30. Italy History & culture Quality food Fast cars Quality of life.
  • 33. “Brand equity is an strategic bridge to future earnings”. “It's a reservoir of cash flow not yet released” Richard Ettenson, Thunderbird University
  • 34. “The purpose of brands is to get more people to buy more of your product more often for more money” Sergio Zyman, CMO Coca-Cola
  • 35. Investing in branding results in profitable and sustainable growth for the company
  • 36. China’s domestic market is huge, but western and other emerging countries are good opportunities too: Higher prices, higher margins markets. Shift of the chinese consumer to pay price premium for chinese brands will still need time, and it’s tougher than changing western’s perceptions about quality and value of chinese brands. Affordability, a key factor also in western markets (increasing “value for money” conciousness).
  • 37. Chinese brands are gaining global presence and also credibility in the domestic market But the challenge is shifting the perception from production to creation: from “made in China” to “created in China”. ere are already good examples of sucessful chinese brands becoming global (Li-Ning, BYD, Metersbonwe...). In categories such us medicine, beer, spirits...brands are emphasinzing the Chinese essence of their brands.
  • 38. Beyond product and price Chinese manufacturers need to look beyond price to emphasize unique aspects of their products and brands. Stand for something, quality, innovation and integrity are essencial to build powerful brands. Sucessful brands balance quality and value, whether at a high or low price and beyond product features to focus on the user experience
  • 39. Japan & Korea, “role models” (Sony, Samsung, Toyota...). But not exactly analogous. China is not forced to export at an inmediate imperative. And it happens in a very different time and context.