Wednesday, April 22, 2009
Coffee in China!
Today I would like to share with you an interesting paper by Daniel Spear:"Branding in China: The Challenge of Selling Starbucks Coffee in a Tea-Drinking Nation and Other Lessons."
It is a good example on how a company tries to change consumer taste or behavior, that stands in a cultural context, through effective brand management.
Below is a short introduction of the article and the link to the site. You can also find the PDF with the full article under the link.
On January 30, 2009, Columbia Business School hosted a conference exploring branding in China and India. With a population of 1.3 billion, China presents an attractive market opportunity for many multinational companies, as well as some unique challenges in building and expanding a brand. The first panel discussion focused on branding trends in China and was moderated by Mauro Guillen, the Dr. Felix Zandman Professor in International Management and director of the Joseph H. Lauder Institute for Management & International Studies at the Wharton School of the University of Pennsylvania. Mark Aoki-Fordham, director and corporate counsel for Starbucks Coffee Company, spoke about the challenges of selling coffee in a tea-drinking nation and protecting the valuable company trademark in Chinese courts. Roger McDonald, outgoing executive director for global accounts for Xerox Corporation, explained Chinese attitudes toward brands in light of the country's historical experience and modernization. Jessica Zoob, senior vice president of global strategy and business development for American Express Company, outlined how partnerships in China can be effective and addressed the issue of Chinese consumer brand loyalty.
Here is the link to the site and PDF
Courtesy of Columbia Business School Chazen Web Journal
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1 comment:
Great read, very interested in the Asia/Pacific market! Thanks for the kind comments on my blog via Twitter. Thought you might enjoy more on TV branding and the like. Drop me a line once you've had a chance to get caught up!
Denny
http://dennytu.wordpress.com
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