China

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china, consumers, marketers, Master Kong, P&G
Harvard Business Review

Catering to the self-expressive Chinese consumer

May 2012

China is experiencing an increasing emphasis on self-expression. For consumer companies, one consequence is that the importance of emotional considerations in purchase decisions is rising.

 

china, hypermarket, retail, Wal-Mart, consumers, McKinsey
McKinsey research

Inside China’s hypermarkets: Past and prospects

May 2012

Hypermarkets have been hugely popular in China; from next to nothing in 1997, there are now 2,400 of them. But the low-hanging fruit has been picked. Not only is the competition tightening, but retail dynamics are changing.

 

China, social media, digital, iConsumer, McKinsey
McKinsey China research

China’s social-media boom

April 2012

Social media is exploding worldwide, and China is leading the way. A new McKinsey survey of 5,700 Internet users in China—the first of its kind—explores the behavior of Chinese consumers on social networks.

 

Chinese consumer, urban household, consumption, trends
McKinsey Quarterly

Meet the Chinese consumer of 2020

March 2012

Consumer companies know China is important. To succeed there, though, they need to understand the economic and social changes that are redefining the way that Chinese consumers spend.

 

china, mobile phone, retail, smartphone, China Telecom, China Mobile, Gome, Suning
McKinsey research

Ringing the changes: The dynamics of China’s mobile phone market

January 2012

The dynamics of China’s mobile phone market are changing, in particular the way that people buy their handsets. Who are the likely winners? And losers?

 

China, go-to-market, consumer, Tier 1, Tier 2, retail channels
McKinsey analysis

The keys to going to market in China

January 2012

Consumer goods companies desperately want to reach China’s millions of emerging customers. To do so, they will need multiple strategies.

 

Chinese consumer, spending, trends, retail, shopping, McKinsey survey
McKinsey research

2011 Annual Chinese Consumer Study: The new frontiers of growth

November 2011

What makes Chinese consumers tick? What are they worrying about? How will burgeoning inflation shape their behavior? See the answers to these questions and more in McKinsey's most recent in-depth survey of Chinese shoppers.

 

Chinese consumers come of age
McKinsey research

China’s banks: Consumers come of age

September 2011

China's rising middle class loves to shop. But it is also going in for less conspicuous consumption, in the form of financial products.

 

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Chinese consumer study

Capturing the trading-off opportunity in China

June 2011

Chinese consumers want to spend—and they want to save. Here's what business needs to know about how they manage their wallets.

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Short take

To market, to market: Strategies to win in China

March 2011

Big box stores and malls in China’s top cities are growing fast—14 percent a year. But here’s the surprise: Traditional retail in lower-tier markets is often much more profitable.

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McKinsey report

Understanding China's growing love for luxury

March 2011

McKinsey's in-depth annual report on the Chinese luxury market reveals two major trends: There are more luxury consumers, and they are more sophisticated.

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Short take - HBR

Cashing in on the Year of the Rabbit

February 2011

Taking advantage of heightened consumer spending during New Year's celebrations can pay dividends down the line.

 

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From Mao to Wow: Winning in China's booming apparel market

January 2011

China is already the second-largest apparel market in the world—and there is plenty of room to grow. The keys to winning in this fragmented and diverse market: Understanding, planning and execution.

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Short take

Marketing to rural China

December 2010

Rural China is home to 750 million consumers, and a fast-growing market of $426 billion. Here's how to reach them.

Four strategies to please Chinese consumers
HBR

China is shopping less, but buying more

November 2010

China consumers are changing the way they shop. here are four ways that smart retailers can capitalize.

China's new pragmatic consumers
McKinsey Quarterly

China's new pragmatic consumers

October 2010

They spend more in categories they highly value, and they generally trade down in less compelling ones.

Digital nation on the rise

Digital nation on the rise: Profiting from China's Internet revolution

September 2010

China already has 420 million people online; here's how to turn those big numbers into profits.

From made in China to made for China

From made in China to made for China

September 2010

Companies are beginning to design products specifically for the Chinese market. Is this a good idea?

China's in-store wars

China’s in-store wars

August 2010

To win the Chinese consumer, retailers must master the most traditional kind of marketing: inside the store.

Additional knowledge

 
 
 
 
 
 
 
 

Winning in China

November 2009
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
CMO survey

Selling to China

KFC in China

What strategies work for companies seeking to boost sales in China? The Chief Marketing Survey has some answers.

 
McKinsey Quarterly

10 predictions for China in 2012

10 predictions about China in 2012

Gordon Orr, a director in McKinsey’s Shanghai office, offers 10 predictions about China in 2012. Two of them: Real estate will stagnate and green investment will thrive. Read more

 

The Chinese consumer in 2011

1. A country of optimists: 58% said they expected their incomes to rise in the next year, compared with 39% in 2010.

2. The Internet’s limited reach: Only 28% of those surveyed said they had recently received product information online.

3. Why they are spending more: 35% said they are “trading up” to more expensive products and 60% are buying more or more often.

SOURCE: McKinsey 2011 Annual Chinese Consumer Study

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