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The Maturity of Consumers: Market Opportunities and Challenges for Domestic Brands (1)

author:Finder section

In today's rapidly changing global economy, the revival of domestic brands is not only a commercial phenomenon, but also a manifestation of cultural self-confidence and economic strength. In recent years, as consumers pay more attention to local culture and product quality, domestic brands have occupied an increasingly important position in the modern consumer market. Especially in China, the rise of domestic brands has formed a force to be reckoned with, and they have redefined "Made in China" with their unique charm and innovation capabilities.

The rise of domestic enterprises in Quanzhou

In southern China, there is such a city, which not only carries a rich history and culture, but is also an important birthplace of contemporary Chinese domestic brands. Quanzhou, the starting point of the ancient "Maritime Silk Road", with its unique geographical location and profound cultural heritage, has given birth to a large number of domestic brands that are well-known throughout the country and even the world. Today, we will explore the rise of domestic enterprises in Quanzhou and the entrepreneurial stories of those admirable entrepreneurs.

Quanzhou, a city with a long history, has been an important port for trade and commerce since ancient times. Its prosperity is not only reflected in the ancient maritime trade, but also in the modern industrial and commercial development. In the 90s of the 20th century, with the deepening of reform and opening up, Quanzhou gradually became a hot spot for the growth of Chinese domestic brands. Many well-known brands have been born here, and they have won the recognition of the market and consumers for their innovation and quality.

The Maturity of Consumers: Market Opportunities and Challenges for Domestic Brands (1)

Cai Jinyan and "Panpan Food": From small food to big brand

Cai Jin'an, a young man from Jinjiang, Quanzhou, searched for ingredients suitable for frying in the market through a month of "experimentation", and finally created the popular "Ibli Potato Chips". This simple but intelligent experiment not only opened his entrepreneurial path, but also made the brand "Panpan" quickly make a name for itself across the country. Cai Jinyan's story is a microcosm of the innovative spirit of Quanzhou's domestic enterprises, and it is also the embodiment of the unremitting pursuit of detail and quality.

The Maturity of Consumers: Market Opportunities and Challenges for Domestic Brands (1)
The Maturity of Consumers: Market Opportunities and Challenges for Domestic Brands (1)

The three Wang Liangxing brothers and "Lilang": from sewing machines to clothing empires

Also in Jinjiang, Quanzhou, the entrepreneurial story of the three Wang Liangxing brothers is equally inspiring. In 1987, they started with 30,000 yuan and three old-fashioned sewing machines to create Lilang. After decades of development, Lilang has grown from a small workshop to a comprehensive garment company involved in stationery, machinery, foreign trade and other fields. The story of the three brothers Wang Liangxing shows the tenacity and foresight of Quanzhou entrepreneurs, and also witnesses the glorious journey of domestic brands from the local market to the national and even international markets.

The rise of domestic enterprises in Quanzhou is not only the success of each brand, but also the embodiment of Quanzhou's innovative spirit and business wisdom. The entrepreneurial stories of the three brothers Cai Jinyan, Wang Liangxing and countless Quanzhou entrepreneurs not only inspire the latecomers, but also provide valuable experience and inspiration for the development of domestic brands in Quanzhou and even the whole country. With the passage of time, Quanzhou's domestic brand is moving towards a broader stage at a more steady pace, continuing to write a glorious chapter of Chinese brands.

The market performance of domestic brands

In China's e-commerce sector, the annual "Double 11" shopping festival is a war without gunpowder, and major brands compete to show their strength and charm. In recent years, domestic brands have performed particularly well in this annual event, not only achieving remarkable results in sales, but also achieving a leap in market attention, winning the favor of consumers and the respect of the industry.

Double 11: The highlight moment of domestic brands

Singles' Day, China's largest online shopping carnival, attracts hundreds of millions of consumers every year. On this day, domestic brands showed strong market competitiveness with their unique advantages and innovative marketing strategies. Through the live broadcast room of the e-commerce platform, domestic brands have conducted more direct and interactive communication with consumers, and this new shopping experience has greatly enhanced consumers' enthusiasm for purchasing.

The Maturity of Consumers: Market Opportunities and Challenges for Domestic Brands (1)

Bee Flower: Touching people's hearts with emotional marketing

Bee Flower, a domestic brand known for its production of toiletries, successfully attracted the attention of a large number of consumers through a series of emotional marketing campaigns during Singles' Day. The "79 yuan product set" they launched, as well as related videos and interactions, not only made consumers feel the sincerity of the brand, but also aroused people's emotional identification with domestic products. According to the data, the sales of bee flower during the Double 11 period exceeded 25 million yuan, and the sales volume exceeded 250,000 orders, which is a leader among domestic brands.

The Maturity of Consumers: Market Opportunities and Challenges for Domestic Brands (1)

Hongxing Erke: a model of linkage promotion

Hongxing Erke, as a well-known sports brand in China, also performed eye-catching during Double 11. They not only launched a 79 yuan package, but also carried out linkage promotions with other domestic brands, and achieved joint exposure and sales growth of the brand through the interaction and promotion of the live broadcast room. Hongxing Erke's live broadcast room sales increased by 5 times on Double 11, which fully demonstrates the effectiveness of the linkage promotion strategy.

The Maturity of Consumers: Market Opportunities and Challenges for Domestic Brands (1)

The market attention of domestic brands has increased significantly

In addition to the increase in sales, domestic brands have also achieved a significant increase in market attention. During the Double 11 period, through the interaction of the live broadcast room, the spread of social media and various marketing activities, the popularity and influence of domestic brands have been greatly improved. Consumers' awareness and favorability of domestic brands continue to increase, which has laid a solid foundation for the long-term development of domestic brands.

The market performance of domestic brands during the Double 11 period not only demonstrated their competitiveness in the e-commerce field, but also demonstrated the strength of domestic brands in innovative marketing and consumer communication. With the continuous growth and progress of domestic brands, their position in the modern consumer market will become more and more important, and the future development is worth looking forward to.

To be continued

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