The Japanese automaker Nissan recently announced that it expects China will be the brand's top market within four years. Detroit-based Ford has actively marketed to Chinese consumers for years and, after a reset in 2018 to introduce new products, it sees China as a key market. "In China, you get a big uptick with a new product. And if you don’t have new product, you pay a little bit of a price for that," explains a senior Ford official.
California-based streetwear brand Vans is emphasizing social and digital media in targeting Chinese consumers, using the highly popular WeChat social network in particular. Well-known global fashion brands like YSL, Chanel and Dior are extending their names to makeup products and attracting fans in China, competing with established cosmetics brands popular there, such as Estee Lauder and Shiseido.
Brands can pursue omnichannel marketing to offer consumers in China multiple ways of making a purchase. The ecommerce giant Alibaba, for instance, serves as a valuable distribution channel for global brands like Burberry.
Meanwhile, Chinese brands are targeting US consumers. As just one example, China-based automaker GAC will begin marketing its electric cars and SUVs in America next year. Watch for more Chinese brands to enter Western markets year after year, even as US brands continue entering China.