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Feng Shui

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Place - Exclusive retail, fashion area in big cities ... Promotion - Specific magazines, sponsoring, word of mouth, no TV ads since we ... – PowerPoint PPT presentation

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Title: Feng Shui


1
(No Transcript)
2
River Crystal
River Crystal
  • Sid numbers
  • 0408981,0204337,0407238,0407236,0407237

3
River Crystal
  • - Its Crystal Clear -

4
River Crystal
  • - Its Crystal Clear -

5
River Crystal
  • Presentation
  • Culture and Feng Shui
  • Chinese market
  • Product Line - Waldner
  • Marketing Mix
  • Strenghts and Weaknesses
  • Why you should chose River Crystal!

6
Chinese Culture
  • There are some important cultural aspects to be
    aware of when doing business in China.
  • Colours and numbers have strong symbolic meaning
    here, often negative.
  • Wrapping paper in white, black, or blue are
    banned for our products in China (associated with
    funerals)
  • Most Chinese workers take a break between 12-2
    pm, including elevator and phone services.
  • Thats why our presentation is 1145-12

7
Chinese Culture
  • Our packages usually comes with 8 or 6 items
  • 8 its a gesture of good will.
  • 6 is considered a blessing for smoothness and
    problem free advances.
  • 4 is a taboo because it means 'death
  • 73 (the funeral), 84 (having accidents)
  • These are therefore avoided when we are doing
    business in China.

8
Feng Shui
  • The Ancient Chinese method of creating harmony
  • Can correct the energy flow qi in a house to
    promote well being and good health
  • Many Chinese use Feng Shui to improve business
  • River Crystals Products are designed to take
    advantage of this force by a secret manufacturing
    method.

9
Chinese Market
  • The company has chosen to expand into the Chinese
    market because
  • Population of 1.2 billion(20 of the world)
  • Shanghai the largest city in China offers a great
    launching pad for entry to Asian markets
  • The One child rule means parents have more
    money to spend on other things
  • Rapid growth of newly rich people with money to
    spend on luxury items

10
Chinese Market
  • Main Competitors
  • Shanghai Linou Glass Products
  • New hi-tech enterprise with around 300
    employees
  • Shanghai Huwenpu Industry and Trade
  • Produces a variety of crystal products. Over
    100 employees. Produces personalised products.

11
Product Line
  • Jan-Owe Waldner
  • Swedish table tennis legend who is a household
    name in China
  • National sport in China
  • Promote our products and give the product line
    its name
  • Bridge gap between Europe and China.
  • Associate Fame, Success and Quality with the Brand
  • Waldner

12
Product Line
  • Waldner

13
Product Line
  • Waldner

14
Marketing Mix
  • Product - Crystal ornaments and Vases,
    personalised engravings, unique design, limited
    quantity
  • Place - Exclusive retail, fashion area in big
    cities
  • Price - Relatively high price because of quality
    and exclusiveness
  • Promotion - Specific magazines, sponsoring, word
    of mouth, no TV ads since we are not targeting a
    general audience

15
  • Strengths
  • Leader in the UK crystal market
  • High quality products/luxury segment
  • Know-how/Experience
  • Respected brand image
  • Weaknesses
  • International pressure
  • Hard local competition
  • Low entrance barriers
  • Limited knowledge of Chinese market

16
Why you should chose River Crystal!
  • We have the best concept for entering the Chinese
    market compared to other European rivals
  • Several unique sales pitches like the use of
    Waldner and Feng Shui
  • Our products will attract young, rich and trendy
    people to your stores
  • Top quality products
  • Just say YES!!!
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