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Spending will gradually increase
April 17, 2009
Brave New China 2009 | tinyurl.com
The first quarter economic index are very positive, if the second and third quarters' index are also positive, peoples will have confidence in the future. Huge local market on food, clothing, electranic appliance medical product, education, and transport are still not yet satisfied. Banking system is still functioning very properly with the huge saving, China goverment's monetary and fical policy is taking effect on the economy.
Marketng Research is always needed
March 9, 2009
M&S boss admits mistakes in Shanghai | www.theretailbulletin.com
On top of that, the location is yet to be mature. The shop has no promotion and advertising that normally should go along with such a landing of business. Doing "luxury" business in China, Shanghai, needed a more in-depth understanding of the market and needed real professional for that market place.
February 24, 2009
M&S boss admits mistakes in Shanghai | www.theretailbulletin.com
Misunderstanding the needs of local market of M&S make its business having a worse start, Wrong planning may due to the intelligence work is not local & at the same time professional enough at the head quarter. Being misled by the local statistic Real professional is needed in China market place. Shanghai is yet an international city!
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