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Billions Tom Doctoroff

Billions By Tom Doctoroff

Billions by Tom Doctoroff


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Summary

Anyone who plans to do business in China shouldn't get on the plane without this book. It cracks the code of marketing to the new Chinese consumer by uncovering core drivers of behaviour and preference in key market segments. It includes indispensable practical advice and common pitfalls.

Billions Summary

Billions: Selling to the New Chinese Consumer by Tom Doctoroff

This book cracks the supposedly indecipherable code of marketing to the new Chinese consumer - all 1.3 billion of them. It distils what Tom Doctoroff has learned over the past eleven years in Greater China with J. Walter Thompson, one of the region's largest advertising agencies. Marketers of some of the world's leading brands tend to come to China with mistaken ideas of how to apply Western thinking to the marketplace. But the Chinese are different. The same rules do not apply. As a result, Doctoroff will delve into the psyches of contemporary Chinese consumers for the reader to explain the importance of culture in shaping buying decisions. He uncovers the core drivers of behaviour and preference in key market segments, provides tools to help readers harness the power of insight into consumers' fundamental motivations in the Chinese marketplace, and, lastly, reveals the pitfalls into which many multinational competitors often fall. Anyone who plans to do business in China shouldn't get on the plane without this book.

Billions Reviews

'Successful branding requires creating a cultural connection with consumers, but how do you create that connection with a culture that differs greatly from the culture most brand strategies have targeted in the past?...The answers for everyone else are revealingly described in this book.' - Roger Blackwell, co-author, Brands That Rock and Customers Rule 'Billions will be a big help to executives trying to understand their millions of new customers in China. Readers will discover Chinese culture on the road to learning about marketing in China. Tom Doctoroff makes the mysteries of the China market accessible.' - Robyn Meredith, Senior Editor, Asia, Forbes Magazine, Hong Kong 'Mr Doctoroff's book sheds much-needed light on the differences between Chinese and Western cultural preferences, and should be of interest to businessmen and general readers alike. Most importantly, his observations should help multinational companies understand their target audience, and enable them to market their brands more effectively to China's hungry consumers.' - The Wall Street Journal 'Vintage Tom. A high energy New Yorker in Shanghai with a crescendo of opinions, observations, insights and assertions. Vintage China, too. A mass of contradictions and surprises. But to the open-minded, one of life's great experiences is living in Shanghai in this glorious period. This book brings out the vividness of the moment with astute observations for the future, developed through Tom's unique perspective on what makes Chinese customers tick.' - Alan Brown, Chairman, Unilever China 'I read Billions and found it extremely insightful and thought-provoking for companies developing their strategy of profiting form China, a giant marketing opportunity.' - Ed Marra, Global Executive Vice President, Strategic Business Units, Marketing Nestle 'The best psycho-analysis of Chinese consumers I have ever read.' - China Economic Review 'Billions provides a fascinating insight into the fast changing business and social environments in today's China. If you are operating in the Chinese market or wish to join the 'gold rush' this book is a must-read. Doctoroff has managed to capture underlying trends and influences, which means that, unlike standard business guides on China, this book will not be out of date in 6 months. This contribution to the understanding of the Chinese population will add real value to marketers and advertisers everywhere.' - Alan Main, Vice President &Region Head - Asia Pacific, Bayer Consumer Care Division 'Successful branding requires creating a cultural connection with consumers, but how do you create that connection with a culture that differs greatly from the culture most brand strategies have targeted in the past? The Rolling Stones did it on their Forty Licks Tour and the answers for everyone else are revealingly described in this book.' - Roger Blackwell, Professor of Marketing, Fisher College of Business and Co-author, Brands That Rock 'Billions will be a big help to executives trying to understand their millions of new customers in China. Readers will discover Chinese culture on the road to learning about marketing in China. Tom Doctoroff makes the mysteries of the China market accessible.' - Robyn Meredith, Senior Editor, Asia, Forbes Magazine, Hong Kong

About Tom Doctoroff

TOM DOCTOROFF is Greater China CEO for J. Walter Thompson, one of the region's largest advertising agencies. In the last eleven years, he has partnered with over fifty PRC clients, both multinational and domestic (e.g. Unilever, Ford, Kraft, Shell, HSBC and China Mobile). He is Asia Pacific's leading speaker on Chinese marketing, advertising and corporate culture. He maintains a very active lecture schedule, addressing an audience of 10,000-15,000 people every year.

Table of Contents

PART 1: CHINESE CULTURE AND BUYING MOTIVATIONS Big Dreams, Small Potatoes: The Motivations of China's New Middle Class Dreams and Disasters: China's Mass Market Mindset Balancing Half the Sky: What Chinese Women Want The Mind of Chinese Men: The Anxiety of Disorientation 'Conformist Individualism' and Chinese Youth The 'Chinese-ness' of the Mainland vs. Hong Kong and Taiwan PART 2: THE FUNDAMENTALS OF RELEVANT CHINESE STRATEGIES Soft Touch and Hard Cash: The Iron Link between Insight and Profit The Brand Vision: The Soul of the Machine Portfolio Management in the PRC: How and When to Extend a Brand Anticipating the Peculiarities of China's Media Scene How to Leverage the Glory of 2008 PART 3: ON THE GROUND LESSONS: WINNING AND LOSING IN CHINA Into the Shallow End: Ten Easy Tips for Good China Ads Missing the Point: Why Multinationals Fail in China Culture, Corporate Structure, and the Elusive Power of Local Brands Chinese Consumers, Chinese Brands and the MNC Learning Curve Chinese Cultural Relativism and Global Branding

Additional information

NLS9781403976635
9781403976635
1403976635
Billions: Selling to the New Chinese Consumer by Tom Doctoroff
New
Paperback
Palgrave USA
20070101
240
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
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Customer Reviews - Billions