Waitrose, a UK-based supermarket, is launching an online store on Tmall Global in China to raise awareness of its brand and sell 30 grocery products directly to Chinese consumers. Waitrose sees huge potential for growth in China's online market and aims for China to become its biggest international business within 3-5 years. China represents an large opportunity as less than half of its population shops online, though internet and mobile usage is growing rapidly.
Waitrose, a UK-based supermarket, is launching an online store on Tmall Global in China to raise awareness of its brand and sell 30 grocery products directly to Chinese consumers. Waitrose sees huge potential for growth in China's online market and aims for China to become its biggest international business within 3-5 years. China represents an large opportunity as less than half of its population shops online, though internet and mobile usage is growing rapidly.
Waitrose, a UK-based supermarket, is launching an online store on Tmall Global in China to raise awareness of its brand and sell 30 grocery products directly to Chinese consumers. Waitrose sees huge potential for growth in China's online market and aims for China to become its biggest international business within 3-5 years. China represents an large opportunity as less than half of its population shops online, though internet and mobile usage is growing rapidly.
Waitrose, a UK-based supermarket, is launching an online store on Tmall Global in China to raise awareness of its brand and sell 30 grocery products directly to Chinese consumers. Waitrose sees huge potential for growth in China's online market and aims for China to become its biggest international business within 3-5 years. China represents an large opportunity as less than half of its population shops online, though internet and mobile usage is growing rapidly.
Choose an UK-based company of your choice, and develop an international marketing
communication plan to raise its brand awareness, 6months prior its official entry into any one of the markets listed in the Emerging 7 (E7): China, India, Brazil, Mexico, Russia, Indonesia and Turkey (Goldman Sachs, 2012)
UK-based company chosen WAITROSE
Details which I have found about the relevant company 1.I hope Waitrose online market is already in china tis possible if we take only Waitrose is selling its products online to the Chinese market and says this could become its biggest international business in the next three to five years. From today, the supermarket is offering 30 products, including its Duchy Organic biscuits, baby items, coffee, tea and nuts and other own brand goods through the Royal Mail store on Tmall Global, part of the Alibaba Group [IRDX RALI]. The online store has a dedicated Waitrose page, with information about the brand for consumers in the Chinese market, and the supermarket is working with Avenue 51, which runs the Royal Mail store on Tmall. The potential for Waitrose in China is huge, said Waitrose commercial director Mark Williamson, and although its a relatively modest start its our ambition to see it become our biggest international business in the next three to five years. We are proud that Waitrose is recognised around the world for quality, and excited to be reaching new markets. China is the 59th country that Waitrose exports to, after countries including Spain, India, South Africa and the Falkland Islands. It cites IMRG 2014 research that estimated that less than half of Chinas 1.36bn population was using the internet then. In addition, it said, the number of mobile internet users in China had grown by more than eight times in the last five years, and was expected to top 700m in 2016.