I am sure a few of you have noticed we have been offline for quite a
while. The big reason for this was that with Asia and especially china
arising as a bigger and more open market everyday we here at DDL decided
we needed to head over there and see what was happening on the ground
in person.
This first thing to say about my year on the ground in China is that
the opportunities opening up there are truly awesome, so much so that I
had a hard time even knowing where to start at first. After taking a
deep breath and diving into the whole new planet that is Renren, Taobao,
Alipay, Alibaba, Weibo and so many others I discovered two huge things.
Huge discovery number one China is, despite what most westerners
think, a very money oriented and capitalist society. Everyone strives to
get to the top and having more money than the next guy is a mark of
pride and is very respected.
Huge discovery number two Chinese people love, and I mean LOVE,
shopping online. Go to any office in any city in China and I guarantee
that many if not most of the computers will have at least one, and
probably a couple, of the above mentioned programs running in the
background.
What all of this means is that China has become not just a huge
seller but also a huge market. So what kind of products does the worlds
largest market want? Perhaps unsurprisingly one of the biggest markets
is for western cosmetics and food supplements. The reason for this is
the same reason there is not a huge demand for Chinese versions of these
products in the West. Another major market, as China becomes more
affluent, is for genuine (rather than locally made fake) high end
clothing and accessories.
The biggest roadblock however to selling to the Chinese market is
simply put one of language. Many Chinese people learn English at school,
in fact to the best of my knowledge all of them do to some degree.
However learning English at a public school in China is not too
different from learning a second language for most people in the West at
school. You do it because it is on the curriculum and perhaps so you
can pretend to be smart when you travel to France for spring break and
can order a coffee in French. What this means is an audience in China
where nearly everyone knows how to say hello but where only few can
really read the language.
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