Archive for the ‘International Marketing’ Category

Luxury Branding in China

china replicas
Annette Andrews asked:


My coveted bag, I will not forsake you. Let no one person cast aside the miracle of your Vuitton presence in exchange for a brown pleather bag with squiggly insignia resembling Y S L.

Let the powers of branding sweep across China, igniting the hearts of the uninformed and rogue spenders who rapaciously banter down prices, intently attracted by the handbag that can be gotten inexpensively, or thrown-in to offset a price. Rather than desire, with the fire of a thousand hells, you - the glistening original, that so eloquently speaks to the Occidental consumer like a command issued from the heaven - “Create! Create!”

Who will win-out in China’s newly emerging identity game - replica or original?

Creating a need for luxury brands in China is not a simple matter of transferring the global demand for luxury items into a new market, or is it?

If you’ve spent time in Mainland China, you might feel the art of creating desire is in need of an overhaul of cultural perception. Haier is a global Chinese brand, but is it ****? Not exactly, and Chinese consumers don’t care, yet.

It is only branding that can spin the profit of product recognition into surefooted market advantage. But if *** sells, branding in the Chinese market brings in to play an interesting question and even a prophesy about this private and closed-off land ‘opening’ to the world. Pop culture pollution is busting into China through this newly opened door - but is China really ready for Paris Hilton and Carl’s Junior? Almost.

What choices should be presented to Chinese consumers and in what context? Given the unbridled buying power teeming within middle earth, it is no surprise that branding wants to happen there. Branding is sex(y).

But, one has to wonder how many Chinese consumers are as intently influenced by Prada as their Western cousins, given the unparalleled number of designer replicas worried on busy shoulders in Beijing, all bearing nonsensical insignia like banners on the shoulders of the uninitiated.

There is no doubt that East and West alike are afloat in a sea of complexities that shape purchasing decisions, but in the land of a billion, it is one challenge that marketers and CEO’s are ready to untangle.

Y S L is an accepted codename among brand-savvy consumers signaling ‘high-caliber lifestyle’ or ‘reckless spender’. How satisfying it must be to Western advertisers, when the North American consumer enters a market, and on the spot purchases their must-have fall bag. The true power of branding in the west is as familiar as smog at Beijing dawn.

Westerners will not leave without their merchandise, luxury item or not, and regardless of price tag. Conversely, the Chinese denizen *** consumer will leave easily with several insignificant bags, usually replicas, and still enough cash-in-hand to stretch their purchasing power-experience into several tomorrows.

The nub of it lies therein, nestled cantankerously between impulse, vanity purchases and the power and glory of buying Western labels for a song. At the psychological root of the Western versus Eastern consumer experience it is a difference of identity.

Marketers have a challenge at hand in creating in China ‘The Must Have’ identity experience that has been skillfully striking at the core of western identities and pocketbooks since Ford first swept Americans away in a modern, conspicuous consumption roar.

Catch phrases like ‘life-style purchases’ come to mind, and marketing executives in China will need to delve deep into the beating hearts of their newly spawned consumers to find therein a clue to successful branding in China.

The commercial stage has past proved, time and again, the bizarre changeability of people’s perceived needs in the global, cult of manufactured desire.

Western identity is cloaked in consumer choice; each individual a potential canvas whose identity need be dressed-up or down in label choices that speak volumes about personal values, success, and ***.

This sounds like a stretch for first and second, Mao-generation Chinese for whom the identity of their parents was consumed by a red dream. But, while it’s a dream that still beats strong and blasts triumphantly during Lunar Festival, the rest of the year it has become increasingly buried by the aspirations of China’s newly emergent, middle-class.

This is especially noticeable in China as the market for luxury items continues to rocket their middle-class out of mass obscurity in a formidable demonstration of China’s growing successes.



Replica Hermes Watches

Posted by admin on November 30th, 2008 No Comments

U.s. Remains World’s Top Platinum Watch Market

swiss watches
The platinum watch market is thriving, but platinum’s high price may be starting to have an effect.

Platinum watch sales continue to grow worldwide and remain strong in the U.S. market despite the rising price of platinum and a sharp increase in the watches’ average price since 2004, say new Swiss watch industry and U.S. market figures.

In 2006, the number of platinum watches exported worldwide from Switzerland (most platinum watches are Swiss-made) was 12,469, up 7 percent from the 2005 figure of 11,651. Twenty-three percent (2,854) went to the United States, the world’s top platinum watch market. Platinum watches’ worldwide turnover rose 24 percent in 2006.

Though a tiny niche in the global market for precious-metal watches, platinum watches “remain stable and growing,” JCK was told by Jean-Daniel Pasche, president of the Federation of the Swiss Watch Industry FH. “We expect 2007 to go in the footsteps of 2006, and that our exports overall, including platinum watches, will continue to increase.”

In the United States, the platinum watch market continues to thrive, even though the metal’s price had risen to about $1,160 per ounce at press time. Turnover rose 7.6 percent to $89.5 million on sales of 2,169 platinum watches (out of a total $5.3 billion fine-watch market of 7.6 million units), says LGI Network, a provider of marketing and sales information on fine watches.

Among all watches retailing for $10,000 and up–a $1 billion market–platinum timepieces accounted for 8 percent in 2006. Seventy-one percent of platinum watches sold for $25,000 or more.

The U.S. platinum watch market saw some other notable trends:

Increase in sales to women According to LGI, sales of platinum watches to women in 2006 increased 34 percent in dollars and 25 percent in units.

Regional differences Sales in the Northeast in 2006 rose 38 percent in dollars and 31 percent in units, says LGI. The region with the most business in 2006–the West–was the only one to post a decline from the previous year in units sold.

Younger buyers “The information I get suggests there’s a growing group of younger affluent consumers, in their early 30s, with increased awareness of platinum as a quality metal, who are seeking the best,” says James Courage, chief executive officer of Platinum Guild International. “Watch companies are aware of this. That’s why we’re seeing increased numbers of watches and lines in platinum.”

The sharply rising price of platinum in the past couple of years, though, may be having some effect on both the global and U.S. watch markets. The Swiss Assay Office, which hallmarks watch cases, told JCK that it processed fewer platinum watches in 2006 (16,127) than in 2005 (16,404). That could mean fewer assembled and finished watches this year than last. Another indication may be that the U.S. market ordered slightly fewer platinum watches in 2006 (2,854) compared with 2005 (2,874), according to data from the Federation of the Swiss Watch Industry FH, and slightly fewer were sold here in 2006 (2,169) than in 2005 (2,188), says LGI.

While the number of watches sold in the United States dropped slightly, the average suggested retail price increased 8.5 percent (to $41,263 in 2006 compared with $38,025 in 2005). Worldwide, the average wholesale price of platinum watches has risen 200 percent since 2000, and 51 percent since 2004, according to statistics compiled by the Federation of the Swiss Watch Industry FH. In 2006, it was $19,532, compared with $17,402 in 2005.

Many watchmakers and retailers say those who can afford platinum watches aren’t bothered by the rising cost of either the metal or the timepieces.

One sign of the vitality of this niche luxury market is that more watch brands–both mid- and luxury-price–are entering it for the first time or expanding their presence there, turning a stronger public spotlight on their watches to attract more-affluent watch enthusiasts and collectors, especially younger adults and women self-purchasers. Also?All kinds of wally things such as brand watches,luxury watches,brand bags handbags,fashion apparel,brand shoes are very popular between theses more-affluent enthusiasts and collectors.Vacheron Constantin, for example, recently unveiled its new collection of watches with platinum dials at a well-publicized Hollywood gala. Among brands adding platinum watches recently are Louis Vuitton, which launched a men’s line, and Victorinox Swiss Army, which expanded into high-end watchmaking with its Legacy Réserve de Marche Platine, a sporty limited edition on a rubber strap, retailing for $19,500.

At present, more than two dozen brands offer platinum watches in the United States. While most carry luxury price tags, some U.S. brands offer more-affordable versions. Dima watches, for example, sells limited-edition platinum watches for men and women (500 in a series) for about $3,000 retail. Watches with Swiss movements and genuine Swiss platinum ingots for dials ($995 retail and less) are offered by Croton, which sells about 1,800 a year. While only the ingot dial is platinum, the watch gives “the person who appreciates a platinum watch, but can’t afford the whole one, a taste of what it’s like to own one,” says Eli Mermelstein, Croton’s vice president of marketing.



By: David Zheng

About the Author:

David ZHENG is the CEO of http://www.wealthparden.com . A company specialized in selling all kinds of wally things such as brand watches,luxury watches,brand bags handbags,fashion apparel,brand shoes etc.



Replica Breitling Watches

Posted by admin on June 2nd, 2008 No Comments