In terms of fashion and accessories, major brands have had to become more conscious of increasing consumer sophistication in top-tier cities by boosting the quality and selection of products offered while taking account of the fact that a significant number Chinese consumers of a certain income level often prefer to purchase luxury goods outside the mainland to sidestep high luxury taxes.
Consumer surveys show that location near big cities has become a greater priority now than price.
It has world class cities, with a sizeable consumer base in urban centers like St.
According to the Boston Consulting Group (its partners reported some of their insights in Forbes here), a consumer company doing business in 70 locations (cities and counties) in China could reach 70% of consumers in the middle and affluent classes as of 2005.
Just imagine what other Americans cities could do with the right government and consumer support.
One way to convert a smart city atheist could be to help cities make smart technology choices based on their consumer identity.
Nike began expanding its operational reach in China about 30 years ago, ahead of many of the glut of Western brands that flooded the big cities in line with a rising middle class and consumer culture.
It sells mainly consumer electronics and has 15 million users and distribution facilities in almost 60 cities.
Third, if a consumer knows that they want to buy, it allows them to target cities and metros that are appropriate given the length of time that they intend to live in the home.
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In their paper Consumer City, Ed Glaeser, Jed Kolko, and Albert Saiz argue that cities lost their manufacturing bases when they lost the transportation cost advantage.
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We expect the company to expand this pilot to more cities in the U.S. to truly gauge its impact on consumer loyalty and retention.
One famous retail acquisition last year was when Chinese electronics retailer Suning Appliance Co. acquired Laox, a consumer electronics chain with huge stores in Tokyo, Osaka, and other major Japanese cities.
Much like the automobile enabled suburbs, shopping malls and the consumer culture, the new information age is changing how we work, design our cities and see our place in the world.
Jonathan Read, chief executive officer of ECOtality, said that besides helping local governments, utilities and consumer groups set up charging networks, the primary goals are charging station projects that connect cities such as one planned for Interstate 5 along the West Coast.
After watching some of the life get sucked out of many of our favorite consumer electronics shows with major companies choosing to do their own thing in boutique events in fabulous cities around the world, we had our concerns about the 2013 iteration of Mobile World Congress.
Yet, most China consumer observers agree that the majority of luxury consumption happens outside of the so-called tier-1 cities of Shanghai and Beijing.
For leading premium car makers, this implies improving their consumer insight capabilities as well as ramping up dealerships to capture demand in the 300 tier three and four cities where consumers are expected to reach the threshold for household income that will enable them to buy premium vehicles.
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