SlideShare a Scribd company logo
1 of 11
Download to read offline
1
ITAP Consumer Insights: ChinaITAP Consumer Insights: China
Gifting and Recognition
© 2014 ITAP International, Inc. All Rights Reserved.
2
Table of ContentsTable of Contents
Consumer PreferencesConsumer Preferences
Inappropriate Giftspp p
A Deeper Divep
The ITAP Advantage: Consumer
Needs and MotivationsNeeds and Motivations
2
© 2014 ITAP International, Inc. All Rights Reserved.
3
Consumer Preferences:
Generational Differences
Old t l d t th t h ti l• Older customers value products that have practical
value and impart social status
• Younger generations focus on services (for life
convenience) and fashion.
• As a gift, older consumers value a brand name pen or
decorative item made of crystal or metal.y
• In contrast, young consumers accept gadgets and
decorative items made of plastic.
3
© 2014 ITAP International, Inc. All Rights Reserved.
4
Consumer Preferences:
Marital Status and ProfessionalMarital Status and Professional
Achievement
I di id l h h hit ll j b• Individuals who have white collar jobs:
– If unmarried, prefer fashionable consumer
electronics such as iPod or iPhone, digital photo
album, or USB flash memory drive.
– If married, prefer down coat, silk quilt, or electronic
dictionarydictionary.
• Individuals who have travelled and worked overseas
may appreciate foreign wine, a wristwatch, souvenir
from abroad or a book by a well known authorfrom abroad, or a book by a well-known author.
4
© 2014 ITAP International, Inc. All Rights Reserved.
5
Inappropriate GiftsInappropriate Gifts
• Products without practical usage value or without decorative
functional value are not gifts. Examples include a catalog, a
brochure, or a book describing your city.
• Traditionally a clock would not be given as a gift (as theTraditionally a clock would not be given as a gift (as the
word for clock has same the pronunciation as “sending
away the deceased spirit”), but a pocket or wristwatch is
acceptableacceptable.
• A hat or anything to wear on one’s head should not be
green as it signifies adultery on the part of one’s spouse.
Th b 4 ( d th th d f d th) i• The number 4 (sounds the same as the word for death) is
considered an unlucky number. Anything that is a set of 4
items (e.g. pens) should be avoided.
5
© 2014 ITAP International, Inc. All Rights Reserved.
6
Inappropriate GiftsInappropriate Gifts
• Art work containing an iconic item or animal that could be
misinterpreted by the receiver would not be appropriate.
• Examples include:
– a gun or blade could imply aggression or conflicta gun or blade could imply aggression or conflict
– a pig implies laziness
– a snake or fox implies cunning
– a snail implies being slowa s a p es be g s o
• Some iconic that animals do NOT carry negative
connotations are: ox horse tiger and eagleconnotations are: ox, horse, tiger and eagle.
6
© 2014 ITAP International, Inc. All Rights Reserved.
7
A Deeper Dive: Gifts and Rites of PassageA Deeper Dive: Gifts and Rites of Passage
• Birthday: The person celebrating a birthday isy g y
offered a bowl of noodles. Long noodles symbolize
longevity.
• Wedding: A red envelope containing the local cash• Wedding: A red envelope containing the local cash
equivalent of USD 75-150 is appropriate.
• The birth of a baby: A red envelope with the localy p
cash equivalent of about USD 20, some practical
baby gift item, toy or baby clothes.
Funeral: A flower basket and a white envelope for• Funeral: A flower basket and a white envelope for
the family with the local cash equivalent of USD 75-
150.
7
© 2014 ITAP International, Inc. All Rights Reserved.
8
A Deeper Dive: Gift CardsA Deeper Dive: Gift Cards
• Stores:
Carrefour shopping card is practical for everyday items– Carrefour shopping card is practical for everyday items
in Shanghai.
– Genso dessert voucher is accepted in major cities in
Chi h th G hChina wherever there are Genso shops.
– Haagen-Dazs ice-cream voucher is appropriate in major
cities in China.
• Cards:
– Lianhua OK card is accepted by many store chains
across China except Henan and Zhenjiang Provincesacross China, except Henan and Zhenjiang Provinces.
– Shang Tong Ka, accepted by lots of stores in Beijing,
including some department stores.
8
© 2014 ITAP International, Inc. All Rights Reserved.
9
Snapshot of Chinese Cultural Orientations
• Marieke de Mooij
Snapshot of Chinese Cultural Orientations
j
applied Hofstede’s
framework to the study
of consumerof consumer
preferences.
ITAP’ C lt i th• ITAP’s Culture in the
Workplace
Questionnaire™ (or
CWQ), collects data that
gives insight into
consumer preferences
© 2014 ITAP International, Inc.  All Rights Reserved.
Drawn from Geert Hofstede’s research, 
th i b d i t th t
9
© 2014 ITAP International, Inc. All Rights Reserved.
consumer preferences
across cultures.
the image above depicts the country 
score for China.
10
Contact ITAP to
• Access global consumer segments
Contact ITAP to…
Access global consumer segments
through ITAP’s global network.
• Gain insight into the cultural values that• Gain insight into the cultural values that
inform consumer behavior.
M k i f d d i i b t• Make informed decisions about
extension and adaptation in global
l ti i d t l ti dlocations: price, product, location, and
promotion.
10
© 2014 ITAP International, Inc. All Rights Reserved.
11
Contact me for Q & A
Catherine Mercer Bing
Contact me for Q & A
CEO, ITAP International, Inc.
cbing@itapintl.com
ITAP International
353 Nassau Street, First Floor
Princeton, NJ 08540 USA
(W) 1.215.860.5640
(M) 1.609.937.1557
http://www.itapintl.com
…thank you…
11
© 2014 ITAP International, Inc. All Rights Reserved.

More Related Content

Similar to ITAP Consumer Insights: China

Consumer behavior
Consumer behaviorConsumer behavior
Consumer behaviorphenelope89
 
Service unit fall product sale training
Service unit fall product sale trainingService unit fall product sale training
Service unit fall product sale traininggswrc
 
Troop fall product sale training
Troop fall product sale trainingTroop fall product sale training
Troop fall product sale traininggswrc
 
Jo travel tips.pdf
Jo travel tips.pdfJo travel tips.pdf
Jo travel tips.pdfssusercca931
 
Ican westbury-library-presentation-final-april-2015
Ican westbury-library-presentation-final-april-2015Ican westbury-library-presentation-final-april-2015
Ican westbury-library-presentation-final-april-2015jameshutter
 
Etoquette ba 381_presentation_use_this_one
Etoquette ba 381_presentation_use_this_oneEtoquette ba 381_presentation_use_this_one
Etoquette ba 381_presentation_use_this_oneShaolins Prem
 
Theholygrail
TheholygrailTheholygrail
TheholygrailAbletta
 
Firefly garden webinar v3.ppt
Firefly garden webinar v3.pptFirefly garden webinar v3.ppt
Firefly garden webinar v3.pptFireflybyLeckey
 
Proven successful result driven promotions
Proven successful result driven promotionsProven successful result driven promotions
Proven successful result driven promotionsMichael Armstrong
 
Ten very special things, The worlds' most interesting store
Ten very special things, The worlds' most interesting storeTen very special things, The worlds' most interesting store
Ten very special things, The worlds' most interesting storeUllash Tiwari
 
Aalto university Identifying and evaluating market opportunities. Marketing.
Aalto university Identifying and evaluating market opportunities. Marketing.Aalto university Identifying and evaluating market opportunities. Marketing.
Aalto university Identifying and evaluating market opportunities. Marketing.Ilkka O. Lavas
 
Archies greeting card
Archies greeting cardArchies greeting card
Archies greeting cardprintbazar
 
2a dokuz eylul university izmir int week 2013 passion brand
2a dokuz eylul university izmir int week 2013 passion brand2a dokuz eylul university izmir int week 2013 passion brand
2a dokuz eylul university izmir int week 2013 passion brandSander Janssens
 
'Tis the Season to be Jolly (at Work)
'Tis the Season to be Jolly (at Work) 'Tis the Season to be Jolly (at Work)
'Tis the Season to be Jolly (at Work) Robert Half
 
Aalto University product-market-fit
Aalto University product-market-fitAalto University product-market-fit
Aalto University product-market-fitIlkka O. Lavas
 
Business Charity Drive Report
Business Charity Drive ReportBusiness Charity Drive Report
Business Charity Drive ReportXinYee Khoo
 

Similar to ITAP Consumer Insights: China (20)

Consumer behavior
Consumer behaviorConsumer behavior
Consumer behavior
 
Service unit fall product sale training
Service unit fall product sale trainingService unit fall product sale training
Service unit fall product sale training
 
Ipad3 launch presentation
Ipad3 launch presentationIpad3 launch presentation
Ipad3 launch presentation
 
Troop fall product sale training
Troop fall product sale trainingTroop fall product sale training
Troop fall product sale training
 
Design for Export
Design for ExportDesign for Export
Design for Export
 
Jo travel tips.pdf
Jo travel tips.pdfJo travel tips.pdf
Jo travel tips.pdf
 
Ican westbury-library-presentation-final-april-2015
Ican westbury-library-presentation-final-april-2015Ican westbury-library-presentation-final-april-2015
Ican westbury-library-presentation-final-april-2015
 
Etoquette ba 381_presentation_use_this_one
Etoquette ba 381_presentation_use_this_oneEtoquette ba 381_presentation_use_this_one
Etoquette ba 381_presentation_use_this_one
 
Theholygrail
TheholygrailTheholygrail
Theholygrail
 
Firefly garden webinar v3.ppt
Firefly garden webinar v3.pptFirefly garden webinar v3.ppt
Firefly garden webinar v3.ppt
 
Proven successful result driven promotions
Proven successful result driven promotionsProven successful result driven promotions
Proven successful result driven promotions
 
Apple - Consumer Behaviour
Apple - Consumer BehaviourApple - Consumer Behaviour
Apple - Consumer Behaviour
 
PBM -PAPER BOAT (1).pptx
PBM -PAPER BOAT (1).pptxPBM -PAPER BOAT (1).pptx
PBM -PAPER BOAT (1).pptx
 
Ten very special things, The worlds' most interesting store
Ten very special things, The worlds' most interesting storeTen very special things, The worlds' most interesting store
Ten very special things, The worlds' most interesting store
 
Aalto university Identifying and evaluating market opportunities. Marketing.
Aalto university Identifying and evaluating market opportunities. Marketing.Aalto university Identifying and evaluating market opportunities. Marketing.
Aalto university Identifying and evaluating market opportunities. Marketing.
 
Archies greeting card
Archies greeting cardArchies greeting card
Archies greeting card
 
2a dokuz eylul university izmir int week 2013 passion brand
2a dokuz eylul university izmir int week 2013 passion brand2a dokuz eylul university izmir int week 2013 passion brand
2a dokuz eylul university izmir int week 2013 passion brand
 
'Tis the Season to be Jolly (at Work)
'Tis the Season to be Jolly (at Work) 'Tis the Season to be Jolly (at Work)
'Tis the Season to be Jolly (at Work)
 
Aalto University product-market-fit
Aalto University product-market-fitAalto University product-market-fit
Aalto University product-market-fit
 
Business Charity Drive Report
Business Charity Drive ReportBusiness Charity Drive Report
Business Charity Drive Report
 

More from Catherine (Cass) Mercer Bing

Help Your Team be a Source of Competitive Advantage with ITAP's Global Team P...
Help Your Team be a Source of Competitive Advantage with ITAP's Global Team P...Help Your Team be a Source of Competitive Advantage with ITAP's Global Team P...
Help Your Team be a Source of Competitive Advantage with ITAP's Global Team P...Catherine (Cass) Mercer Bing
 
The TPQ System: Choose the Right Tool for Your Team's Success
The TPQ System: Choose the Right Tool for Your Team's SuccessThe TPQ System: Choose the Right Tool for Your Team's Success
The TPQ System: Choose the Right Tool for Your Team's SuccessCatherine (Cass) Mercer Bing
 
History of the action learning team process questionnaire the path to high pe...
History of the action learning team process questionnaire the path to high pe...History of the action learning team process questionnaire the path to high pe...
History of the action learning team process questionnaire the path to high pe...Catherine (Cass) Mercer Bing
 
Why Was the Time Orientation Added to Hofstede's Framework?
Why Was the Time Orientation Added to Hofstede's Framework?Why Was the Time Orientation Added to Hofstede's Framework?
Why Was the Time Orientation Added to Hofstede's Framework?Catherine (Cass) Mercer Bing
 
Traditional Theories of Leadership and the Achievement Dimension
Traditional Theories of Leadership and the Achievement DimensionTraditional Theories of Leadership and the Achievement Dimension
Traditional Theories of Leadership and the Achievement DimensionCatherine (Cass) Mercer Bing
 
Style Switching: Bridging Cultural Gaps in the Workplace
Style Switching: Bridging Cultural Gaps in the WorkplaceStyle Switching: Bridging Cultural Gaps in the Workplace
Style Switching: Bridging Cultural Gaps in the WorkplaceCatherine (Cass) Mercer Bing
 
Culture, Power and Applied Anthropology in a Corporate Setting
Culture, Power and Applied Anthropology in a Corporate SettingCulture, Power and Applied Anthropology in a Corporate Setting
Culture, Power and Applied Anthropology in a Corporate SettingCatherine (Cass) Mercer Bing
 
The Individualism Dimension and Intercultural Competence
The Individualism Dimension and Intercultural CompetenceThe Individualism Dimension and Intercultural Competence
The Individualism Dimension and Intercultural CompetenceCatherine (Cass) Mercer Bing
 
The Case for Comparative Quantitative Measures of Culture by John Bing
The Case for Comparative Quantitative Measures of Culture by John BingThe Case for Comparative Quantitative Measures of Culture by John Bing
The Case for Comparative Quantitative Measures of Culture by John BingCatherine (Cass) Mercer Bing
 
Virtuelles Lernen und Virtuelles Führen - Twist Fachforum
Virtuelles Lernen und Virtuelles Führen - Twist FachforumVirtuelles Lernen und Virtuelles Führen - Twist Fachforum
Virtuelles Lernen und Virtuelles Führen - Twist FachforumCatherine (Cass) Mercer Bing
 
Getting Started in the Field of Cross Cultural Learning and Organizational De...
Getting Started in the Field of Cross Cultural Learning and Organizational De...Getting Started in the Field of Cross Cultural Learning and Organizational De...
Getting Started in the Field of Cross Cultural Learning and Organizational De...Catherine (Cass) Mercer Bing
 

More from Catherine (Cass) Mercer Bing (20)

TPQ Flyer 2019
TPQ Flyer 2019TPQ Flyer 2019
TPQ Flyer 2019
 
Help Your Team be a Source of Competitive Advantage with ITAP's Global Team P...
Help Your Team be a Source of Competitive Advantage with ITAP's Global Team P...Help Your Team be a Source of Competitive Advantage with ITAP's Global Team P...
Help Your Team be a Source of Competitive Advantage with ITAP's Global Team P...
 
The Organizational Team Process Questionnaire
The Organizational Team Process QuestionnaireThe Organizational Team Process Questionnaire
The Organizational Team Process Questionnaire
 
The TPQ System: Choose the Right Tool for Your Team's Success
The TPQ System: Choose the Right Tool for Your Team's SuccessThe TPQ System: Choose the Right Tool for Your Team's Success
The TPQ System: Choose the Right Tool for Your Team's Success
 
History of the action learning team process questionnaire the path to high pe...
History of the action learning team process questionnaire the path to high pe...History of the action learning team process questionnaire the path to high pe...
History of the action learning team process questionnaire the path to high pe...
 
The Action Learning Team Process Questionnaire
The Action Learning Team Process QuestionnaireThe Action Learning Team Process Questionnaire
The Action Learning Team Process Questionnaire
 
How Organizations Benefit from the TPQ
How Organizations Benefit from the TPQHow Organizations Benefit from the TPQ
How Organizations Benefit from the TPQ
 
Working as One Team: USA and the Philippines
Working as One Team: USA and the PhilippinesWorking as One Team: USA and the Philippines
Working as One Team: USA and the Philippines
 
Why Was the Time Orientation Added to Hofstede's Framework?
Why Was the Time Orientation Added to Hofstede's Framework?Why Was the Time Orientation Added to Hofstede's Framework?
Why Was the Time Orientation Added to Hofstede's Framework?
 
The Benefits of Cross Cultural Competency
The Benefits of Cross Cultural CompetencyThe Benefits of Cross Cultural Competency
The Benefits of Cross Cultural Competency
 
Traditional Theories of Leadership and the Achievement Dimension
Traditional Theories of Leadership and the Achievement DimensionTraditional Theories of Leadership and the Achievement Dimension
Traditional Theories of Leadership and the Achievement Dimension
 
2017 ITAP Client Examples
2017 ITAP Client Examples2017 ITAP Client Examples
2017 ITAP Client Examples
 
Edorsements of ITAP's Work
Edorsements of ITAP's WorkEdorsements of ITAP's Work
Edorsements of ITAP's Work
 
Style Switching: Bridging Cultural Gaps in the Workplace
Style Switching: Bridging Cultural Gaps in the WorkplaceStyle Switching: Bridging Cultural Gaps in the Workplace
Style Switching: Bridging Cultural Gaps in the Workplace
 
Culture, Power and Applied Anthropology in a Corporate Setting
Culture, Power and Applied Anthropology in a Corporate SettingCulture, Power and Applied Anthropology in a Corporate Setting
Culture, Power and Applied Anthropology in a Corporate Setting
 
The Individualism Dimension and Intercultural Competence
The Individualism Dimension and Intercultural CompetenceThe Individualism Dimension and Intercultural Competence
The Individualism Dimension and Intercultural Competence
 
The Case for Comparative Quantitative Measures of Culture by John Bing
The Case for Comparative Quantitative Measures of Culture by John BingThe Case for Comparative Quantitative Measures of Culture by John Bing
The Case for Comparative Quantitative Measures of Culture by John Bing
 
Hofstede Dimensions Explained in German
Hofstede Dimensions Explained in GermanHofstede Dimensions Explained in German
Hofstede Dimensions Explained in German
 
Virtuelles Lernen und Virtuelles Führen - Twist Fachforum
Virtuelles Lernen und Virtuelles Führen - Twist FachforumVirtuelles Lernen und Virtuelles Führen - Twist Fachforum
Virtuelles Lernen und Virtuelles Führen - Twist Fachforum
 
Getting Started in the Field of Cross Cultural Learning and Organizational De...
Getting Started in the Field of Cross Cultural Learning and Organizational De...Getting Started in the Field of Cross Cultural Learning and Organizational De...
Getting Started in the Field of Cross Cultural Learning and Organizational De...
 

Recently uploaded

8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCRashishs7044
 
Innovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfInnovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfrichard876048
 
Call Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any TimeCall Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any Timedelhimodelshub1
 
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckPitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckHajeJanKamps
 
Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737Riya Pathan
 
Marketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent ChirchirMarketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent Chirchirictsugar
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...lizamodels9
 
Buy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail AccountsBuy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail AccountsBuy Verified Accounts
 
Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Seta Wicaksana
 
Kenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby AfricaKenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby Africaictsugar
 
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdfNewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdfKhaled Al Awadi
 
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...lizamodels9
 
Case study on tata clothing brand zudio in detail
Case study on tata clothing brand zudio in detailCase study on tata clothing brand zudio in detail
Case study on tata clothing brand zudio in detailAriel592675
 
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu MenzaYouth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menzaictsugar
 
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCRashishs7044
 
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
Keppel Ltd. 1Q 2024 Business Update  Presentation SlidesKeppel Ltd. 1Q 2024 Business Update  Presentation Slides
Keppel Ltd. 1Q 2024 Business Update Presentation SlidesKeppelCorporation
 
MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?Olivia Kresic
 
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,noida100girls
 
2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis Usage2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis UsageNeil Kimberley
 
Organizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessOrganizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessSeta Wicaksana
 

Recently uploaded (20)

8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR
 
Innovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfInnovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdf
 
Call Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any TimeCall Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any Time
 
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckPitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
 
Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737
 
Marketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent ChirchirMarketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent Chirchir
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
 
Buy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail AccountsBuy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail Accounts
 
Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...
 
Kenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby AfricaKenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby Africa
 
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdfNewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
 
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
 
Case study on tata clothing brand zudio in detail
Case study on tata clothing brand zudio in detailCase study on tata clothing brand zudio in detail
Case study on tata clothing brand zudio in detail
 
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu MenzaYouth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
 
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
 
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
Keppel Ltd. 1Q 2024 Business Update  Presentation SlidesKeppel Ltd. 1Q 2024 Business Update  Presentation Slides
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
 
MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?
 
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
 
2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis Usage2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis Usage
 
Organizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessOrganizational Structure Running A Successful Business
Organizational Structure Running A Successful Business
 

ITAP Consumer Insights: China

  • 1. 1 ITAP Consumer Insights: ChinaITAP Consumer Insights: China Gifting and Recognition © 2014 ITAP International, Inc. All Rights Reserved.
  • 2. 2 Table of ContentsTable of Contents Consumer PreferencesConsumer Preferences Inappropriate Giftspp p A Deeper Divep The ITAP Advantage: Consumer Needs and MotivationsNeeds and Motivations 2 © 2014 ITAP International, Inc. All Rights Reserved.
  • 3. 3 Consumer Preferences: Generational Differences Old t l d t th t h ti l• Older customers value products that have practical value and impart social status • Younger generations focus on services (for life convenience) and fashion. • As a gift, older consumers value a brand name pen or decorative item made of crystal or metal.y • In contrast, young consumers accept gadgets and decorative items made of plastic. 3 © 2014 ITAP International, Inc. All Rights Reserved.
  • 4. 4 Consumer Preferences: Marital Status and ProfessionalMarital Status and Professional Achievement I di id l h h hit ll j b• Individuals who have white collar jobs: – If unmarried, prefer fashionable consumer electronics such as iPod or iPhone, digital photo album, or USB flash memory drive. – If married, prefer down coat, silk quilt, or electronic dictionarydictionary. • Individuals who have travelled and worked overseas may appreciate foreign wine, a wristwatch, souvenir from abroad or a book by a well known authorfrom abroad, or a book by a well-known author. 4 © 2014 ITAP International, Inc. All Rights Reserved.
  • 5. 5 Inappropriate GiftsInappropriate Gifts • Products without practical usage value or without decorative functional value are not gifts. Examples include a catalog, a brochure, or a book describing your city. • Traditionally a clock would not be given as a gift (as theTraditionally a clock would not be given as a gift (as the word for clock has same the pronunciation as “sending away the deceased spirit”), but a pocket or wristwatch is acceptableacceptable. • A hat or anything to wear on one’s head should not be green as it signifies adultery on the part of one’s spouse. Th b 4 ( d th th d f d th) i• The number 4 (sounds the same as the word for death) is considered an unlucky number. Anything that is a set of 4 items (e.g. pens) should be avoided. 5 © 2014 ITAP International, Inc. All Rights Reserved.
  • 6. 6 Inappropriate GiftsInappropriate Gifts • Art work containing an iconic item or animal that could be misinterpreted by the receiver would not be appropriate. • Examples include: – a gun or blade could imply aggression or conflicta gun or blade could imply aggression or conflict – a pig implies laziness – a snake or fox implies cunning – a snail implies being slowa s a p es be g s o • Some iconic that animals do NOT carry negative connotations are: ox horse tiger and eagleconnotations are: ox, horse, tiger and eagle. 6 © 2014 ITAP International, Inc. All Rights Reserved.
  • 7. 7 A Deeper Dive: Gifts and Rites of PassageA Deeper Dive: Gifts and Rites of Passage • Birthday: The person celebrating a birthday isy g y offered a bowl of noodles. Long noodles symbolize longevity. • Wedding: A red envelope containing the local cash• Wedding: A red envelope containing the local cash equivalent of USD 75-150 is appropriate. • The birth of a baby: A red envelope with the localy p cash equivalent of about USD 20, some practical baby gift item, toy or baby clothes. Funeral: A flower basket and a white envelope for• Funeral: A flower basket and a white envelope for the family with the local cash equivalent of USD 75- 150. 7 © 2014 ITAP International, Inc. All Rights Reserved.
  • 8. 8 A Deeper Dive: Gift CardsA Deeper Dive: Gift Cards • Stores: Carrefour shopping card is practical for everyday items– Carrefour shopping card is practical for everyday items in Shanghai. – Genso dessert voucher is accepted in major cities in Chi h th G hChina wherever there are Genso shops. – Haagen-Dazs ice-cream voucher is appropriate in major cities in China. • Cards: – Lianhua OK card is accepted by many store chains across China except Henan and Zhenjiang Provincesacross China, except Henan and Zhenjiang Provinces. – Shang Tong Ka, accepted by lots of stores in Beijing, including some department stores. 8 © 2014 ITAP International, Inc. All Rights Reserved.
  • 9. 9 Snapshot of Chinese Cultural Orientations • Marieke de Mooij Snapshot of Chinese Cultural Orientations j applied Hofstede’s framework to the study of consumerof consumer preferences. ITAP’ C lt i th• ITAP’s Culture in the Workplace Questionnaire™ (or CWQ), collects data that gives insight into consumer preferences © 2014 ITAP International, Inc.  All Rights Reserved. Drawn from Geert Hofstede’s research,  th i b d i t th t 9 © 2014 ITAP International, Inc. All Rights Reserved. consumer preferences across cultures. the image above depicts the country  score for China.
  • 10. 10 Contact ITAP to • Access global consumer segments Contact ITAP to… Access global consumer segments through ITAP’s global network. • Gain insight into the cultural values that• Gain insight into the cultural values that inform consumer behavior. M k i f d d i i b t• Make informed decisions about extension and adaptation in global l ti i d t l ti dlocations: price, product, location, and promotion. 10 © 2014 ITAP International, Inc. All Rights Reserved.
  • 11. 11 Contact me for Q & A Catherine Mercer Bing Contact me for Q & A CEO, ITAP International, Inc. cbing@itapintl.com ITAP International 353 Nassau Street, First Floor Princeton, NJ 08540 USA (W) 1.215.860.5640 (M) 1.609.937.1557 http://www.itapintl.com …thank you… 11 © 2014 ITAP International, Inc. All Rights Reserved.