Abstract
Sales of health supplements in China had declined since 2000, but the outbreak of the SARS crisis in spring 2003 boosted the market. Among health supplements, multivitamins received much attention for theirbenefit to the human immune system. A new multivitamin brand,Goldpartner, launched in 2002 by legendary Chinese businessman Mr. Shi Yuzhu, set out to become the market leader, even though the market was dominated by various foreign brands. However, the growth path of Goldpartner was uneven. In the process of its development, Goldpartnerexperienced a number of problems and difficulties, such as strong seasonal sales fluctuations, ambiguous product concepts, and problematicadvertising.Thanks to its aggressive marketing strategy, Goldpartner achieved asecond-place position in the Chinese multivitamin market in terms of sales value in 2005. However, competition in the market was intensifying and the business environment was changing. Goldpartner’s competitors were increasing their marketing budgets, and strict governmental regulations were expected in the health supplement industry. Could Goldpartner still maintain its leading position under this new market environment? While reviewing its marketing tactics, what could Goldpartner do to overcome the insufficiency of its marketing mix?
Translated title of the contribution | Winning the China Vitamin War by Building a Strong Brand |
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Original language | Chinese (Simplified) |
Number of pages | 17 |
Publication status | Published - 1 Jan 2006 |
Case number
MKT-14-018Case normative number
MKT-14-018-CCCase type
现场案例Update date
2016-06-18Published by
中欧国际工商学院Keywords
- 中国市场
- 产品定位
- 保健品产业
- 品牌战略
- 市场细分
Case studies discipline
- Marketing
Case studies industry
- Manufacturing