Wind vane a crisis of confidence in the consumption of
Lean Potential:
For China’s textile and garment industry, 2008 is already a tough year. Now, from the United States spread to mainland China, the raging financial crisis, has kept a simmering apparel sales market. In Recently, Beijing’s major shopping malls for clothing merchandise, have introduced a more substantial profit concession promotional activities. And many businesses will upgrade their service as a breakthrough in sales to establish confidence in consumer spending.
On the Road:
Economic crisis of consumer confidence is mainly a type of consumption. At present, price promotions are for consumption is a good method, but not the only way. To establish consumer confidence, both the merchants or manufacturers, it is necessary to enhance their credibility, find ways to improve product quality, but also in services to consumers to work on.
In the long run, the 10 measures will be promulgated by the state for the textile and apparel industry have a very positive impact, whether it is national policy support, or the characteristics of the market itself and the development of the law, are harbingers of the future consumption of apparel market optimism.
Crisis Currently, there are “dangerous” also have “machine.” In Korea and Japan, there is one important feature is that the level of business operations and service levels are in the midst of crisis has been greatly improved so that more businesses the ability to resist risks from this side, the crisis is not a a bad thing.
Vane two new business face
Potential reliance Street: Upgrading
From 2005 to 2008, just three years time, Beijing’s commercial real estate to complete the triple jump, will the overall level of commercial real estate Beijing overstating the full 10 years. Driven by the overall atmosphere, especially under the impetus of the Olympics, Beijing’s old business started a renovation and reload adjustment. In the old commercial district and shopping district of the transformation and upgrading them, the most eye-catching than with the national “Golden Street” of Wangfujing Street and the front door has a 500 years of history, The Da Zha Lan shopping district.
On the Road: “Golden Street” Wangfujing
Late 2007, the “Golden Street” Wangfujing upgrading works quietly start, allow people for 700 years have elapsed since the history of this ancient commercial street was full of expectation and reverie. As the August 8, 2008 Beijing Olympic Games approaching, Wangfujing Street, the upgrading works have already began to take shape. As France’s Champs Elysees “friendly sisters Street”, Wangfujing this is full of modern, high-grade, high standard of international central commercial street is seeking to change and breakthroughs.
The most significant change in Wangfujing Street in point is the “second commercial cluster” the rapid rise, including the LV, GUCCI, including many of the world’s top brands have settled in, as well as Lotte Yintai, Beijing Sun Dong An Plaza, have apm debut This makes the streets glow of vitality. Meanwhile, the original Street has a very mature business within the project have formed the “first industrial cluster” to be outdone, began upgrading. This series of changes have to Wangfujing Street toward a more international and fashion forward.
On the Road: Qianmen Da Zha Lan
After more than a year of renovation and reconstruction, the Dashilan Commercial Street and Qianmen Avenue in succession this year July 30 and August 7 to re-open the welcoming street.
As a high priority by the government’s new business district, in Beijing’s Qianmen district, significance lies not only in commercial value, but also because of its implication of cultural values – for the ever-changing, increasingly cosmopolitan flavor New Beijing speaking, the existence of the front door is undoubtedly the ancient style of old Beijing the best retention and interpretation – the ancient style building facilities design and operation of the genuine long-established, so that domestic and foreign visitors to witness the Beijing’s long history, Gengrang Beijingers often live where aftertaste past.
In order to time-honored in the future development and survival, but also to prevent the front door Dashilan Commercial Street shopping district and other produce “international big conquer the world” and created the phenomenon of homogenization, the Government can consider the adoption of enabling policies, or other effective means to give to the long-established help enable new front door Dazhalan can say what the charm of traditional business district.
New Street leaning trend: a strong settled
Commercial markets have emerged in recent years, Beijing menacing a lot of new faces, along with the rise of heaven and earth Shin Kong east of Beijing, the Beijing CBD business district once again the eastern part of the “East across a big step.” Beijing East, tetracycline, other than the beginning of a new business district has become the momentum.
Wangjing area northeast of Beijing, following the IKEA home, Huatang shopping malls, Wal-Mart and other international well-known commercial Wangjing have entered the regional commercial real estate project, Carrefour together under the InterContinental Hotels Group, Express by Holiday Inn Lido stationed Nightlife international business center. Body mass of various forms of business expansion, so that this region is receiving increasing attention and become hot spots for commercial development game.
Compared with the north and east of Beijing, has been lagging behind the development of South City in Beijing has also formed a ring 34 to the southwest with a two business-oriented to the southwest Ring as the core, a number of commercial (business) the central area and features Commercial Street, the spatial distribution pattern of coordinated development.
On the Road: high-end shopping district gradually formed
In recent years, Beijing Business emergence of two new developments. One is to have the influx of high-end business and another is a large commercial center began to develop around Beijing.
In the high-end commercial sector, the most notable is necessary to include the largest number located in the eastern part of Beijing Wang Road shopping district, including the CDB. At present, the shopping district already had the World Trade Shopping Mall, Palace Hotel, Scitech Plaza, The Place and a number of high-end luxury department store. At the same time, but also a new world of color rotary shops, Dawn targeting high-end department stores such as shopping malls.
Among them, not only located in high-grade Gold-collar worker business, but also has a concept store with their own characteristics, but including the New World Department Store, including color spin department opted for a public alternative high-end line, more focused on “personalized, trend-based, high-end department store in “business orientation. Can be said that the current high-end department stores and Lufthansa CBD mall, Scitech Plaza common propped up the luxury market in eastern Beijing.
On the Road: Emerging Business Focus around the capital
With the continuous economic and social development of Beijing city’s urban area is increasing, along with the construction of the loop, the Beijing People’s place of residence is also radially expanded to all directions.
So for Beijing to join a new member of the commercial market into consideration to choose the location and conduct their own position, to avoid the old business district of the cutting edge, and developed its own characteristics, after all, a easy way out of the business strategy. “Remote” does not mean there is no market and business opportunities.
High-spending business district in southwestern Beijing will be the beginning of the current prototype, including the capital and letter of department stores, in the first place? The Grand Canyon, American country, including upscale shopping center will have landed in Fengtai District, Beijing South Third Ring Road adjacent to the southwest region, covering topics paradise of leisure shopping, dining and entertainment Yetai included, with 56 million square meters of large-scale comprehensive shopping center — Country-US Square is about to appear. October 9, 2008, the National US-shopping plaza with hundreds of well-known leisure brand signing ceremony, which marks the southwest of Beijing, a new shopping era of plate.
Lean on potential market segments: seek breakthrough
By the end of December 2007, the first main men’s shopping capital of the “gentleman Museum” in Beijing Sogo Department Store SOGO new building coming out.
Gentleman in an area of 20,000 square meters covered by commercial varieties of museum operations dress, casual wear, advanced watches, men’s accessories such as nearly 200 categories of goods, a time, the concept of male consumption has aroused great concern to society as a whole.
On the Road:
For the traditional department store industry, if we can maintain the original characteristics, based on the concept store will be dedicated to classes introduced into the business operation, no doubt about the linkage of economic benefits is still very much worth the wait. SOGO gentleman museum building can be said in this regard within the industry to sell a significant step forward.
Although less than a year since opening time, their operation is not satisfactory in many respects, but it’s not to say that this attempt is wrong. After all, any kind of new thing to go through a certain process in order to be accepted by more people, let alone such a museum is similar to SOGO gentleman marketing model has been successful in foreign countries. Thus, with the whole concept of progress and the social consumption Hall SOGO gentleman own development, people within a specialized department store business model is still confidence in the future.
Vane three Olympic Games “for the country hospitality”
Lean Potential:
As an important image of the capital during the Olympic Games the window, in order to show the world China’s commercial features and style, which is an early hands-on clothing market, issued a series of measures to ensure the smooth progress of the Olympic reception work. Among them, both to raise the Beijing market image and service standards promulgated by the “ban” is also welcome for the Olympic Games promotional activities, as well as shops and shopping guide has done special training. During the Beijing Olympics has been dubbed the “Olympic sub-venues” clothing market, highlighting the appeal, so that “foreigners who” have a thumbs-up.
On the Road:
For the foreign tourists is concerned, Chinese silk fabrics and garments in China, shopping is their first choice. To this end, determined to businesses launched in the first time with Chinese cultural characteristics of clothing customized service, has been sought after the enthusiasm of our international friends.
At the same time, in order to our international friends to provide more comprehensive services, which under the clothing market on the market within a strong sales force to sell and English language training, will market the service to upgrade to the level of international proportions.
In addition, as a window during the Olympic Games of the market, product quality and genuine and will be related to the national reputation, so the machine through the Olympics, the apparel market pay close attention to intellectual property protection, to ensure that the market apparel products have a sound intellectual property rights. The clothing market in the country hospitality while also enhancing his own.
Four vane store strategy
Experiential leaning potential consumption: the impact of traditional consumer view
SOLANA is Taiwan’s first LifestyleShoppingPark (life experience-type Shopping Park), which is different from traditional business, is a shopping, entertainment, leisure, tourism and culture in a one-stop experience for consumer sites, in order to Zhang Yang personality styles of different groups of people to create Also the integration between different shopping environment.
SOLANA a month after the soft opening, Beijing Sanlitun Village in mid-July opened its first shop, a number of the first time into the Beijing fashion, jewelry, sports, catering and electrical brands debut, while in China for many years “old brand “also chosen in this opening of its flagship store in China.
On the Road:
In recent years, commercial real estate, whether traditional or Gejia apparel brands, have sought to form a breakthrough in traditional sales, more and more experiential shopping patterns and ultra-large-scale commercial brand stores have them in people’s vision.
SOLANA Sanlitun Village and the harbor is one of the representatives of the blue.
They layout of architectural style and commercial breakthrough in the traditional indoor shopping center on the mode of integration with the surrounding architecture of open space, “character” is different from the independence of the construction of various shapes, so that the two shopping areas became a set of cultural , leisure and shopping in one place.
From the shopping environment is concerned, this life-style shopping experience, are in fact coincide the current shopping needs of consumers, and many in the domestic development has long been the big brands have chosen to set up their own in these places flagship store, in addition to many international Brand log in here the Chinese market, this great business resources for life-style shopping experience the way in China’s development will certainly be able to play a great role in promoting.
Lean and influential branch of marketing: co-existence of Benefits and Risks
In just 7 months time, “white collar” to open four consecutive Super store, attracting the attention of the industry. Last year in July, the U.S. Waters? Bonwe set up Nanjing Road in Shanghai, Asia’s largest single-brand clothing flagship store, as well as a number of brands this year, announced or has begun to build their own ultra-large-scale stores, it is easy to see, and now a large area point of sale terminals, including apparel retail building is becoming the retail industry, including the development of one of the trends.
On the Road:
Large store size, strength and great store sales results, from a certain extent, a matter of envy and difficult to fathom. Retailing, as the development trend of the terminal, one of the great shops and model being domestic and international retail concerns.
The advantages of big stores will not go into suspense, and just talking to operate such a large area of shops, whether it is capital, and personnel of these entities, or does the management system, and hidden factors, any one part should match exactly, otherwise, every aspect of mistakes are likely to lead to a comprehensive defeat. Therefore, no matter big stores are already opened or are being established and will have to set up large stores of enterprises, but in the course of business, or should be prudent in obtaining profits, should be vigilant, because risk is everywhere.
Vane 5 Holiday Economy
Lean potential: Small Golden Week a lot of revenue
Unlike previous years, this year’s “51″ small holiday significance. Because it is the reform of China’s holidays, from 7 days after the first one was reduced to 3-day holiday, but it also faces a small holiday is no longer “gold” questioned. However, after this little vacation from the China National Commercial Information Center shows that the entire consumer goods market and an adequate supply of goods, promotions colorful department store sales did not show a significant decline in the basic flat with last year.
On the Road:
This year’s three-day “51″ small holiday during the seven days before the holiday shopping malls consumption and is basically flat, holiday sales of reducing the impact on the market is not great.
As a result of store promotions have to be adjusted is much more colorful. At the same time store promotional period will also be extended to 2 weeks or 3 weeks, combined with the patterns one after another of the promotions, so that consumers feel more benefits.
As the spending power of urban and rural residents and further enhance the consumer has more from the necessities of life to enjoy the products transfer, consumer trends are becoming evident to upgrade, which became a major attraction during the festival. In addition, the Olympic Games is also driving the market consumption, driven by strong sales of a number of related products.
Lean potential: “unpopular” Festive eye-catching
Dragon Boat Festival holiday this year, after a small, “Father’s Day” hotels specifically catering – a business that did not previously have been valued by the festival, but also because of holidays, and many other reasons the reform has aroused the concern of business.
This year’s “Tanabata” festival coincided with the day before the opening of the Beijing Olympic Games, local businesses have not only the tradition of holiday giving enough attention to, but that it should be with the Olympic Games, with the introduction of such special planning, setting off a sales boom.
On the Road:
Things will always be in constant development. The reform of this year’s holiday, making the original those “unpopular” festival into a new “cash cow.”
Mother’s Day and Father’s Day period, the business card, and a warm affection play the card. In the promotion process, the flowers, beautiful, healthy, happy, fashion and so on and so on form than content with the concept given to customers. With China gradually into an aging society in the future, a similar market for the elderly will be growing in volume.
For the businessman, able to make the holidays more the better selling points and topics. Therefore, the year is only a Valentine’s Day is clearly not enough, when the annual Valentine’s Day February 14, when the market situation stabilized, the Chinese people themselves, “Tanabata” Valentine’s Day has also entered the business field of vision. The moment the young couple, it is the main force in the consumer market and a strong potential consumer groups, so business is bound to the festival is part of their homework articles, a large share of this cake.
Lean potential: to create a new selling point Promotions
Olympic Games and Paralympic Games coming, making the 2008 Mid-Autumn Festival are more intense than in previous years the festive atmosphere. In the meantime, summer autumn and winter will be installed gradually from the counter replaced. For merchants, the annual summer and seasonal uniform season is the year of the most busy for some time. To this end the various businesses have been offering a variety of promotional activities. However, too many promotional activities within a year, there has been a very serious homogenization phenomenon, a mere practice has gradually started to make consumers “Shenmeipilao.”
On the Road:
During the festive season approaching, the promotional campaign in various shopping malls will be gradually carried out, consumers are bored with shopping to join the tide. In fact, the final analysis, discounts have been able to so with the market, the root cause lies discounts hit the consumer’s hearts, can be described as a merchant of intentions, buyers interested. But the face of one after another discount activities, both businesses and consumers have become somewhat numb. A superficial change, for the lack of targeted promotional festival has some hard to meet consumer demand.
In fact, for businesses are dedicated for the festival organized by the established marketing the same time, if we can add in the activity corresponding elements of the festival and create a new selling point promotions, not only allow consumers to feel the merchant in good faith, but also able to develop the the type of business promotional products, developing new markets, add new benefits.
Vane six “old familiar” road ahead
Lean Potential:
The recent period, time-honored brand more and more attention by the community. In particular, time-honored brands in clothing and accessories, after decades or even centuries of development, can be a foothold in today’s market, in addition to its own with its excellent tradition and a good commercial heritage, but also inseparable from the national attention and support given.
With the successful hosting of the Beijing Olympics, China has entered a new period of development, these time-honored brands will also be involved in the vagaries of globalization, the inevitable battle among the operators. Face a new challenge, “old and famous” who have been ready.
On the Road:
In the more than 100 years ago, the old Beijing, it is through word of mouth the way a song: “horse head poly source, foot inline l, wearing a Swedish beetle-hsiang, the four-hang around his waist.” For the time people pay attention to wear, the songs will undoubtedly have mentioned the name of the super-big flavor. Now, almost all the time-honored brands have been awarded the “China time-honored” title, but the vast majority of brands have their own processes have been income to the “National Intangible Cultural Heritage,” which.
Facing the new situation, many old and famous brands, said the one hand, to inherit the fine traditions, we must also strive to innovate to meet the immediate market demand.
For their own production and quality, time-honored brand has consistently adhering to high standards and strict requirements. In services, in addition to maintaining customer-centered concept, the time-honored brands have for today’s concept of people’s consumption and consumption habits of the ways and means on the innovation. Meanwhile, the time-honored brands are all very cool and objective treatment of the “going out”, the view of the current business situation, “one step” to join the international competition is clearly unrealistic, time-honored brands on their own business will bring very serious impact. Therefore, the old and famous have said, it is necessary at every step, step by step into the world. At the same time, they are for their own development are full of confidence and hope.