• 제목/요약/키워드: Chinese Retail Market

검색결과 25건 처리시간 0.076초

Late Movers' MarketEntry Strategies in the Chinese Retail Market: The Case of a Korean Company

  • Kim, Byoung-Goo;Kim, Gyu-Bae
    • 유통과학연구
    • /
    • 제10권11호
    • /
    • pp.21-30
    • /
    • 2012
  • Purpose - This study aimed to analyze the strategy of late domestic entrants into the Chinese retail market, focusing on the case of Lotte-Mart, given that there are few studies on market entry strategies of domestic retail companies in China. Research Design, data, methodology - The methodology of this paper is a case study approach, focusing on literature reviews and a few interviews. We conducted a survey by disseminating questionnaires and conducting interviews focusing on the Chinese retail market, and analyzed Lotte-Mart's market entry strategy in China. Results - Lotte-Mart chose M&A as the mode of entry, pursuing quick market entry and rapid expansion. It chose small to medium size cities with relatively less competition. Subsequently, Lotte-Mart devoted significant effort towards localization, attempting to organize stores and assorting products to fit the Chinese consumers' preferences. It operated CSR programs to increase its brand awareness and to create a favorable brand image. Conclusions - Lotte-Mart now needs to devise alternative corporate strategies for business expansion and growth. An understanding of the Chinese retail market and the case study analysis of Lotte-Mart's market entry strategy offers significant insights for domestic retail companies looking to expand into China.

  • PDF

Study of Chinese Distribution Market Trends

  • Su, Shuai
    • 유통과학연구
    • /
    • 제11권9호
    • /
    • pp.31-34
    • /
    • 2013
  • Purpose - This paper aims to explain that the Chinese distribution market will continue to bring tremendous business opportunities to commercial enterprises, given the relatively strong economic fundamentals and substantial government-led measures to boost domestic demand. Research design, data, methodology - A survey was conducted on China's retail market data during 2012. By empirically analyzing the data for retail sales of online markets and franchises, we conclude that the online retail market in China will continue to grow. Results - Based on data from 2012, 2013 is expected to be a challenging year for the retail sector, as both external and internal pressure is likely to persist. This paper outlines some major challenges facing retailers in China. Conclusions - The study shows that retailers in the Chinese market will face some major challenges: 1) the Chinese retail market is considerably affected by an uncertain economic outlook 2) an unfair environment of competition exists and 3) product safety is a serious issue. However, in the future, China's retail market will continue to bring tremendous business opportunities to commercial enterprises, given the relatively strong economic fundamentals and substantial government-led measures to boost domestic demand.

A study of Chinese distribution policies and challenges

  • Su, Shuai
    • 산경연구논집
    • /
    • 제4권1호
    • /
    • pp.11-14
    • /
    • 2013
  • Purpose - The objective of this paper is to explain how the Chinese distribution market will continue to bring tremendous business opportunities to commercial enterprises given the relatively strong economic fundamentals and substantial government-led measures for boosting domestic demand. Research design, data, and methodology - The study conducted a survey on China's 2011 retail market data. After empirically analyzing the data on retail sales, online retail markets, and franchises, we believe that online retailing in China will maintain its growth momentum. Results - This study shows that 2012 is expected to be a challenging year for the retail sector, as both external and internal pressures are likely to persist. Some of the major challenges facing retailers in China are mentioned below. Conclusions - Retailers in China face several major challenges. First, the uncertain economic outlook is having a considerable impact on China's retail market. Second, China's retailers face an unfair competition environment. Third, they are suffering the impacts of product safety problems.

Global Distribution Enterprises' Entry into the Chinese Market: Focus on the Three Northeastern Provinces

  • Kim, Nam-Myun;Youn, Myoung-Kil
    • 산경연구논집
    • /
    • 제5권3호
    • /
    • pp.25-34
    • /
    • 2014
  • Purpose - This study aims to investigate Korean distribution enterprises' entry into the Chinese market. By studying Korean companies' strategy and current situation in the Chinese retail market and analyzing Lotte Mart's strategy, this study was aimed at identifying comprehensive strategies for Korean companies striving to expand in China's retail market. Research design, data, and methodology - A case study approach is used, focusing on the three northeastern provinces in China, and examining global firms' entry into the Chinese market. The study employed a direct survey and a literature review. Results - Korean distribution firms' entry into the overseas market is in the inception stage and it should be developed, considering its effects on the national economy and other industries. Conclusion - The cases of E-mart and Lotte Mart, representing Korean distribution firms, showed that they should not rely on scale to succeed in China. Both preliminary analysis and careful strategies are required to ensure success. Considering the high growth potential of the Chinese market, a management strategy that takes account of Chinese people's emotions was needed.

조직형 대리점마케팅에서 경영성과에 영향을 미치는 요인: BSC를 통한 중국 화장품 시장 사례연구 (Factors Affecting Performances in Organizational Dealer Marketing: A Case Study Using BSC in Chinese Cosmetics Market)

  • 안봉락;이새봄;서영호
    • 품질경영학회지
    • /
    • 제46권1호
    • /
    • pp.153-168
    • /
    • 2018
  • Purpose: The balanced scorecard (BSC) has been adopted to evaluate factors affecting performances in organizational dealer marketing in Chinese cosmetics market. Four performance measures in BSC: learning & growth, internal business processes, customer performance, and financial performance are employed in our empirical study. Methods: We conducted surveys of dealers in a Chinese cosmetics company and used total 463 samples for analysis. Confirmatory factor analysis and structural equation model analysis were employed using AMOS 20.0. Results: This study found that internal business process had a positive relation with customer performance and learning and growth. Also, customer performance and learning & growth positively affected financial performances. Conclusion: This study has some academic and practical contributions in that the revised BSC model reflects the special aspects of Chinese cosmetics market and it can be used as a guide for companies in the Chinese cosmetics market to understand which factors are affecting performances.

한·중 소비자의 할인점 점포선택행동 비교 (A Comparative Study on the Discount Store Selection Behavior between the Korean and the Chinese Consumers')

  • 김원겸;범경기;윤명길
    • 유통과학연구
    • /
    • 제5권1호
    • /
    • pp.41-56
    • /
    • 2007
  • 최근 국내 할인점시장이 포화상태에 근접하고 있다는 인식과 할인점간 경쟁이 심화 되면서 중국 등 주변 국가들로의 출점이 본격적으로 확대되고 있다. 본 연구는 이러한 상황에서 한국과 중국 소비자의 점포선택속성 및 요인에 있어서 어떠한 차이가 있으며, 그 차이를 야기하는 요인이 무엇인지를 살펴보는 데 연구의 목적을 두었다. 한·중양국의 할인점을 이용하는 소비자를 대상으로 할인점선택 시 주요 속성인 환경, 입지, 가격, 상품, 판촉, 인적 서비스 등 6개 요인에 대한 t-test를 실시하였다. 분석결과 할인점 이용에 있어서 한국인과 중국인의 할인점선택속성 6개의 요인 중 할인점의 입지 및 할인점의 가격에 대하여 한국인과 중국인 두 집단 간의 선택속성에서 유의적인 차이를 보였으나, 나머지 4개의 속성요인은 대부분이 유의적인 차이가 나타나지 않았다. 따라서 이러한 결과를 중심으로 중국시장 진출시 공통적으로 적용해야할 요인과, 국가별 특성에 따라 차별화해야할 전략적 시사점을 도출하였다.

  • PDF

중국 온라인 유통시장의 발전과 시장진출 전략 (Chinese Online Circulation Market and Market Approaching Strategy)

  • 송재두;이찬우
    • 디지털융복합연구
    • /
    • 제15권8호
    • /
    • pp.477-487
    • /
    • 2017
  • 중국의 소비시장이 성장함에 따라 중국 내수시장 진출에 대한 새로운 전략이 필요한 시점이다. 중국은 전자상거래를 활성화하기 위하여 통관 물류 시스템 개선 및 세제 혜택 등 다양한 지원을 강화하고 있다. 이에 따라 이 연구는 게임이론과 국내 제조기업의 진출사례 SWOT분석 방법을 활용하여 중국 온라인 유통시장에 대한 접근전략을 도출하였다. 중국 온라인 유통시장은 Alibaba와 Jingdong이 전체 시장의 약 80%를 차지하는 과점 형태로 게임이론을 따르면 한국 기업과 중국 기업이 선택할 수 있는 경우의 수는 저 위험 저 수익의 진출 최소화에서 중등 위험 중등 수익의 시험적 수용으로 전환될 가능성이 있음을 알 수 있었다. 또한 중국 온라인 유통시장에 진출한 기업의 SWOT 분석을 통해 중국 온라인 유통시장진출에 앞서 오프라인 시장에서 자사 제품 및 브랜드 인지도를 제고하여야 한다는 점과 중국 현지에 적합한 현지화 모델을 준비해야 한다는 시사점을 도출할 수 있었다.

한·중 FTA 체결에 따른 한국기업의 시장 진출 전략 (Korean Company's Market Strategy According to The Korea·China FTA)

  • 임천혁
    • 무역상무연구
    • /
    • 제72권
    • /
    • pp.161-183
    • /
    • 2016
  • This study looked at the Korea enterprise in China market practices and strategies in accordance with the Korea China FTA macroscopically. And the systematic localization in the mid-to long-term decisions necessary for successful, it is important to the local economy by contributing to strategic social contribution activities also ensure the reliability of consumers. In addition to factors that may enjoy various benefits from an Korea China FTA strategy it is also needed to maximize the additional benefits of the FTA signed by Korea before. In particular, this strategy requires that the biggest benefits of FTA, that determine the tariff cuts by FTA partners to take advantage of it. In addition, the strategy that should be taken in advance to prevent any unnecessary risks through the recent rapid and thorough understanding of the appropriate response, Chinese, Chinese culture on O2O retail market. It is considered that the Korea China FTA requires multidimensional efforts with seeking a comprehensive and affordable countermeasures in order to act as an important factor for Korea market companies, government, companies and academia at the same time. In particular, the idea to carefully look at the various features with the Chinese consumer market will be a very important point.

  • PDF

중국의 지역별 옴니채널시장 잠재력 평가에 관한 연구 (A Study on Evaluation of the Potential of Omni-Channel Market in China by Region)

  • 정석모;이충배
    • 무역학회지
    • /
    • 제43권1호
    • /
    • pp.131-152
    • /
    • 2018
  • 본 연구는 중국의 각 지역별 시장에 대한 옴니채널시장 잠재력을 분석·평가함으로써 한국 물류기업 및 소매유통기업의 협력진출을 위한 전략수립에 대한 시사점을 제시하는데 목적이 있다. 중국의 전자상거래, 소매판매, 특송서비스에 영향을 미치는 변수를 문헌연구를 토대로 추출하여 회귀분석 및 분산분해 분석을 실시하였다. 즉, 중국 31개 지역의 각 지역별 통계자료를 활용하여 각 지역별 전자상거래 및 소비재 소매판매액에 영향을 미치는 변수를 분석하였다. 또한 중국의 특송서비스 판매량, 물류GDP, 휴대폰 사용자 수의 상호 반응 정도를 추정하기 위해 분산분해 분석을 실시하였다. 연구결과를 토대로 지역별 순위를 선정하여 중국 옴니채널시장의 잠재력을 평가하였다. 또한 이를 바탕으로 소매기업과 물류기업의 중국 옴니채널 시장 진출방안에 대한 시사점을 제공하였다.

  • PDF

중국 관광객의 지각된 쇼핑 경험 가치가 제품 및 점포 만족도에 미치는 영향 (The Effects of Chinese Tourists' Perceived Experiential Value on Product and Store Satisfaction)

  • 이하경;김지민;김응태;추호정
    • 한국의류산업학회지
    • /
    • 제17권4호
    • /
    • pp.561-573
    • /
    • 2015
  • The influence of tourists on the retail market in Korea continues to grow, and China has become the largest outbound-spending nation in the world. Korea's retail industry must comprehend the sophisticated consumption behavior of Chinese tourists. Hence, we explored how the experiential value of shopping in Korea affected Chinese tourists' satisfaction levels regarding stores and products. Findings from this study suggest entertainment and escapism mediate the effect of experiential value on consumer attitudes toward products and stores. This research was conducted with Chinese female tourists who shopped in Korea during their latest visit to this country. CFA and SEM were implemented using AMOS 20.0. The analysis of survey data produced interesting results. Visual appeal, crowding, and service excellence had positive impacts on entertainment, and they had a positive influence on both store satisfaction and product satisfaction. Regarding escapism, crowding and economic benefits had positive impacts, whereas visual appeal and service excellence had no effects. Results showed that escapism had a negative influence on attitudes toward both products and stores. To be clear, escapism refers to the status of absorption by which consumers are highly occupied with pleasant feelings, therefore, shopping when the motive of escapism is high is likely to be less rational and more impulsive. In this study, the diverse roles of different emotions associated with entertainment and escapism in the context of tourism shopping were identified. The findings provide practical implications for developing retail strategies and highlight the importance of the experiential values of shopping for tourists.