You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Part 1 | Introduction - Highlights<br />
TOP 100 Most Valuable Chinese Brands <strong>2015</strong><br />
HIGHLIGHTS | Cross Category Trends<br />
Changing government policies<br />
and demographics drive trends<br />
MOBILE<br />
More brands interact on<br />
mobile devices<br />
Mobile phone users totaled<br />
over 1.2 billion, 92.6 percent of<br />
<strong>China</strong>’s population, at the end<br />
of August 2014, according to<br />
<strong>China</strong>’s Ministry of Industry and<br />
Technology (MIIT).<br />
And the <strong>China</strong> Internet Network<br />
Information Center (CNNIC)<br />
estimated that smart phone users<br />
would total 480 million in 2014.<br />
In this connected country, brands<br />
rapidly increased their use of<br />
mobile to enhance product and<br />
services and communicate. Many<br />
brands developed mobile apps<br />
to interact with customers and<br />
some implemented mobile ad<br />
campaigns.<br />
The travel brand Ctrip completed<br />
80 percent of all transactions<br />
online or with mobile devices.<br />
Ctrip’s mobile app has been<br />
downloaded over 200 million<br />
times. A provider of after-school<br />
tutoring services, Xueersi added<br />
physical locations, but online<br />
enrollment grew at a faster pace.<br />
Xueersi integrated its educational<br />
PC and mobile sites under the<br />
name Jia Zhang Bang, Helping<br />
Parent Community.<br />
Most banks offered some form<br />
of mobile banking, and many<br />
included mobile payment. Mobile<br />
transactions increased 126<br />
percent, for the first half of 2014,<br />
at Bank of Communications.<br />
<strong>China</strong> Everbright Bank’s mobile<br />
initiatives included mobile<br />
banking and banking on WeChat,<br />
the social networking site. The<br />
total number of mobile login<br />
times in the first half of 2014<br />
reached almost 274 million for<br />
<strong>China</strong> Merchants Bank, a year-onyear<br />
increase of over 182 percent.<br />
020<br />
Brands integrate physical<br />
and ecommerce presence<br />
As brands expanded their<br />
ecommerce operations, they<br />
worked to integrate their O2O,<br />
online-to-offline, presence. The<br />
BAT brands – the search engine<br />
Baidu; Alibaba, the ecommerce<br />
giant; and Internet portal Tencent<br />
– drove much of this activity<br />
as they transitioned from their<br />
core businesses into integrated<br />
ecosystems to be constantly<br />
engaged with customers.<br />
One of <strong>China</strong>’s earliest car<br />
brands, and known for its popular<br />
Haval SUV model, Great Wall<br />
launched Haval Mall, an online<br />
car-purchasing site. Suning<br />
advanced plans to strengthen<br />
its core appliance business with<br />
its physical stores while opening<br />
its online platform to more thirdparty<br />
collaboration.<br />
New Oriental established an<br />
online education joint venture<br />
with Tencent. The venture<br />
potentially helps New Oriental<br />
reach a wider audience and<br />
integrate its physical classrooms<br />
with an expanded online offering.<br />
Insurer Ping An continued to<br />
integrate its online, mobile and<br />
traditional channels to create a<br />
seamless customer experience.<br />
All products are branded Ping An.<br />
The food company Sanquan<br />
launched a new click and collect<br />
business called Sanquan Fresh,<br />
which integrates online ordering<br />
and offline delivery. Tong Ren<br />
Tang, the Chinese traditional<br />
medicine brand, launched an<br />
online medicine store selling<br />
Tong Ren Tang over-the-counter<br />
medicines and cosmetics.<br />
Online grocer Yihaodian<br />
strengthened its distribution<br />
capabilities, placing package pickup<br />
locations in major apartment<br />
developments and at over 300<br />
FamilyMart stores in Shanghai.<br />
Reservations made on the Jin<br />
Jiang hotel website increased<br />
86 percent during the first half<br />
of 2014. Jin Jiang also launched<br />
email direct marketing and an<br />
English language app.<br />
MEDIA<br />
Digital reshapes brand<br />
communication<br />
Brands organized their media<br />
around the rapid rise of digital,<br />
the increased amount of time<br />
consumers spend online,<br />
particularly with mobile devices,<br />
and the dynamic integration<br />
of online and offline consumer<br />
behavior.<br />
Chinese multiscreen users looked<br />
at a screen almost eight hours<br />
daily, with two-thirds of this time<br />
divided about evenly between<br />
smartphones and laptops.<br />
TV watching occupied about<br />
an hour-and-a-half daily, and<br />
tablets about an hour. Internet<br />
accounted for almost one-third of<br />
media spending in 2014. And TV<br />
comprised less than half of media<br />
spending for the first time.<br />
As TV viewing declined, brands<br />
sought ways to use TV more<br />
strategically. Several brands<br />
advertised around popular reality<br />
shows. CR Sanjiu sponsored the<br />
first season of one of <strong>China</strong>’s<br />
popular reality shows, “Where<br />
are we going daddy” The highprofile<br />
sponsorship was part of a<br />
larger focus on brand building in<br />
the competitive pharmaceutical<br />
category.<br />
34<br />
35