Bury Your Business Tentacles in The Chinese Market
- On February 9, 2021
- business strategy, business tentacle
One day, our European partners asked whether those companies from Europe have their good business performance in China. We affirmatively replied: Very good!
According to one manager of our clients in Shanghai, they have been growing fast, while those other branches in the group all over the world have severely declined due to the pandemic. Because of this, the client set a strong marketing budget in the Chinese market in comparison.
What we learn from this client, is its business strategy: bury one of its business tentacle into the China market, and let it grow with the rapid growth of China’s economy.
Do you have your tentacle in the China market?