China Paradigms

China Paradigms

By Daxue ConsultingBusiness
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China Paradigms episodes

  • Ep 116: Contributing to the Chinese circular economy
    Matthieu David interviews Vincent Djen, Director of Cheng Kung Garments and CEO of REMAKEHUB. The textile industry has consistently been a labor-intensive industry. In this episode, we explore what the future hold for the garment industry and how a circular economy fits into that. Are Chinese consumers already requesting fashion products made from recycled materials? Can textile factories be digitalized yet or is there still a long way to go before that happens? Find out the answers to these questions and more in this new China Paradigm interview.
    0:00 Guest introduction
    5:59 How did the current outbreak affect the garment industry?
    7:51 Is the winter collection delayed as a result of the coronavirus outbreak?
    8:17 The story behind Cheng Kung Garments
    10:31 How and why did Vincent Djen decide to take over the family business?
    13:28 Cheng Kung Garments - the current size of business
    14:27 What are the highs and lows of a season in the garment industry?
    17:05 How much of Cheng Kung Garments' production is in-house and how much is outsourced?
    20:53 Is China still the best place for the textile industry?
    24:31 Why is the textile industry still so labor intensive?
    26:39 What are the costs of using robotics for manufacturing instead of people?
    28:56 What are the initial costs for entrepreneurs who would want to get into the textile industry?
    33:01 Is there support from the Chinese government to make factories more innovative?
    37:03 How is 3D printing helping the textile industry?
    41:09 How does Recycling fit into the day to day activities of the Cheng Kung Garments factory?
    44:06 Mechanical vs Chemical Recycling - how many times can a product be recycled?
    46:42 REMAKEHUB - what and why have specific products been picked for recycling?
    48:12 Why was adding traceability for waste products recycled by REMAKEHUB important?
    49:42 REMAKEHUB - following the "Cradle to cradle" design concept
    50:50 Do big fashion companies already use recycled products?
    52:50 Is it easy to tell if a finished product is made from recycled materials or not?
    54:03 Is recycling mandatory for companies or is it still an optional feature?
    56:18 Are consumers already buying products because they come from recycled materials?
    57:51 What are the challenges of creating a brand in the fashion industry?
    1:00:26 What is Vincent Djen's greatest business goal?
    1:01:28 What books have inspired Vincent Djen in his entrepreneurial journey?
    1:02:43 What does Vincent Djen read to stay up to date with China?
    1:05:24 What productivity tool does Vincent Djen use to run his business?
    1:08:25 What unexpected business success or failure has Vincent Djen witnessed in China?
    Learn more about Cheng Kung Garments and REMAKEHUB: https://www.linkedin.com/company/cheng-kung-garments/about/ and http://www.remakehub.co/
    Bridging Chinese suppliers, brands and consumers to make sustainability core product feature: https://www.youtube.com/watch?v=FF7Q8pu7eno
    Listen & Subscribe:
    Soundcloud: https://soundcloud.com/china-paradigms-daxue
    Apple Podcasts: https://podcasts.apple.com/us/podcast/china-paradigms/id1450916630
    Spotify: https://open.spotify.com/show/78qDpsYgQXWrkPpJyZJLtx
    YouTube: https://www.youtube.com/channel/UC2y6ixpQB1WIs6GMdUeoq4g?view_as=subscriber
    Website: https://chinaparadigm.com/
    Thanks for listening! If you like what you hear, do us a favor and write a review on iTunes.
    What is China Paradigms Podcast?
    China Paradigms is the China Business Podcast for entrepreneurs and China watchers. Learn from business professionals in China on our China Paradigms.
    1 hr 13 min
  • Ep 115: Learn how this hardware start-up partnered with Foxconn to create a product-lead vision
    Matthieu David interviews Nathan Siy Founder and CEO at Evoke Motorcycles. The company aims to be a market leader in the transition from gas to electric propulsion motorcycles. There is no doubt that going electric is the future and Evoke’s electric motorcycles seem to be the right type of products for this emerging market in China. Making a strong partnership in terms of manufacturing, how Evoke Motorcycles approach product development, and how do they compare with what Tesla is currently doing in the automotive business – all these topics and more are discussed in this new China Paradigm interview.
    0:00 Guest introduction
    3:00 Evoke Motorcycles – current position on the Chinese market
    5:56 What is the pricing policy of Evoke Motorcycles?
    8:06 What was the initial investment for Evoke Motorcycles?
    10:58 Guanxi - how important is it to build trust before establishing a business relationship in China?
    12:52 Working with Foxconn - how was Evoke Motorcycles able to make that happen?
    17:38 At what stage was Evoke Motorcycles before partnering with Foxconn?
    19:36 How did Foxconn impact Evoke Motorcycles' business strategy?
    20:57 Riding the Industry 4.0 wave - how Foxconn is able to pivot so fast
    25:25 Building the product - how does that process look like?
    29:21 How did Nathan Siy decide to build electric motorcycles?
    33:03 Software - does Evoke Motorcycles have a software development team?
    34:06 Who are Evoke Motorcycles' clients?
    40:19 How hard was it for Evoke Motorcycles to obtain proper certification to be able to sell their products on the Chinese market?
    44:51 Is Evoke Motorcycles' development process a client-focused or a product-focused one?
    47:15 How does Nathan Siy see sustainability evolving in China?
    50:59 What is the core feature of an Evoke motorcycle that would be aligned with the concept of sustainability?
    52:37 Why is Tesla not building electric motorcycles?
    54:28 What books have inspired Nathan Siy in his entrepreneurial journey?
    57:21 What productivity tools does Nathan Siy use to manage his company?
    58:51 Should he have extra time what other business would Nathan Siy like to pursue?
    1:01:22 What unexpected success and failure has Nathan Siy witnessed in China?
    Learn more about Evoke Motorcycles: https://www.evokemotorcycles.com/
    Building a hardware company on one of China’s niche segments: https://www.youtube.com/watch?v=t6ePhKtWoT0
    Listen & Subscribe:
    Soundcloud: https://soundcloud.com/china-paradigms-daxue
    Apple Podcasts: https://podcasts.apple.com/us/podcast/china-paradigms/id1450916630
    Spotify: https://open.spotify.com/show/78qDpsYgQXWrkPpJyZJLtx
    YouTube: https://www.youtube.com/channel/UC2y6ixpQB1WIs6GMdUeoq4g?view_as=subscriber
    Website: https://chinaparadigm.com/
    Thanks for listening! If you like what you hear, do us a favor and write a review on iTunes.
    What is China Paradigms Podcast?
    China Paradigms is the China Business Podcast for entrepreneurs and China watchers. Learn from business professionals in China on our China Paradigms.
    1 hr 5 min
  • Ep 114: Bridging Chinese suppliers, brands and consumers to make sustainability core product feature
    Matthieu David interviews Hong Zheng Founder of Adventi Communication and GREENEXT. Founded in 2004 Adventi Communication was engaged in communications for luxury fashion brands, helping international labels develop marketing strategies in China. Throughout the company’s years of activity, the theme of sustainable fashion has become a center of focus and that’s why the GREEBEXT project was created - to help fashion brands with their sustainability agenda in China. But how health-conscious are the Chinese consumers and how big is their need for natural products? Is sustainable fashion in demand on the Chinese market? Find out the answer to these questions and more in this new China Paradigm podcast.
    0:00 Guest introduction
    2:13 Adventi Communication - a company introduction
    7:27 How did the need for a service like Adventi come about?
    13:52 Is having a Ph.D. in PR advantage for starting a PR agency?
    18:26 The SARS outbreak vs the coronavirus outbreak - how have these epidemics impacted the PR business sector?
    27:27 Why are Chinese companies not pushing for sustainability?
    33:48 Is the market the deciding factor for sustainability? – the reason GREENEXT was launched
    38:48 Are there any companies in China that are making a name for themselves in terms of sustainability?
    41:37 What other industries will be impacted by the need for sustainability?
    45:40 What social values do brands communicate in China compared to the West and what needs to change?
    48:42 Do Chinese consumers buy natural products for their own health benefits or for society's health benefits?
    49:43 What books have inspired Hong Zheng in her entrepreneurial journey?
    51:17 What does Hong Zheng read to stay up to date with China?
    53:23 What means of communication should people employ in order to get a good understanding of China?
    56:48 What unexpected business failure and success has Hong Zheng witnessed in China?
    1:02:00 Outro
    Learn more about Adventi Communication: http://www.adventigroup.com/
    Listen & Subscribe:
    Soundcloud: https://soundcloud.com/china-paradigms-daxue
    Apple Podcasts: https://podcasts.apple.com/us/podcast/china-paradigms/id1450916630
    Spotify: https://open.spotify.com/show/78qDpsYgQXWrkPpJyZJLtx
    YouTube: https://www.youtube.com/channel/UC2y6ixpQB1WIs6GMdUeoq4g?view_as=subscriber
    Website: https://chinaparadigm.com/
    Thanks for listening! If you like what you hear, do us a favor and write a review on iTunes.
    What is China Paradigms Podcast?
    China Paradigms is the China Business Podcast for entrepreneurs and China watchers. Learn from business professionals in China on our China Paradigms.
    #ChinaParadigm #Fashion #sustainability
    1 hr 3 min
  • Ep 113: Understanding business practices and technology maturity in China through a SaaS case
    Matthieu David interviews Michael Chiao, a Founding Partner at MEGI and Axel Standard. Finance and accounting management are important for companies as they weigh heavily in decision-making. That’s why MEGI, cloud-based accounting software has seen a great subscriber count since it’s creation. But is there a local market for such software? Are Chinese companies getting this type of management done internally or are they moving towards streamlining it? Find out the answers to these questions and more in this new China Paradigm interview.
    0:00 Guest introduction
    2:55 MEGI – brief company history
    4:33 The coronavirus outbreak - growing the company in uncertain times
    7:10 MEGI - current client base
    8:03 Small numbers or niche numbers - what is MEGI's focus demographic?
    9:35 Foreign companies vs Local companies in China - the culture difference in finance management
    13:42 Do Chinese companies do analog SaaS services internally?
    17:23 Are Chinese small and medium companies changing the way they manage their business internally?
    23:25 Current company yearly revenue
    26:24 What was the initial subscriber goal for MEGI?
    29:38 What specific key features do clients value for MEGI?
    33:04 How hard is the process of bank reconciliation through MEGI?
    35:23 China's baking system accessibility - how hard is it to integrate with MEGI software?
    37:48 How is MEGI able to handle finance reconciliation in the present?
    41:16 Why did MEGI decide to focus on the financial statements?
    46:12 Big Data Collection - has MEGI achieved critical mass yet?
    51:42 What type of loans can small and medium companies expect to get from other companies or banks in China?
    56:38 What is the process of deciding and then implementing a new feature for MEGI?
    1:00:30 Listening to your client - a key requirement in software feature development?
    1:01:49 What is Axel Standard and what do they do?
    1:06:26 How has computer science evolved since 1998?
    1:08:51 How has China benefited over the years by opening up to the world?
    Learn more about MEGI: www.megichina.com
    Building a SaaS in the Wechat, Weibo & Douyin ecosystems: https://www.youtube.com/watch?v=_WxmtJsXqgQ
    Listen & Subscribe:
    Soundcloud: https://soundcloud.com/china-paradigms-daxue
    Apple Podcasts: https://podcasts.apple.com/us/podcast/china-paradigms/id1450916630
    Spotify: https://open.spotify.com/show/78qDpsYgQXWrkPpJyZJLtx
    YouTube: https://www.youtube.com/channel/UC2y6ixpQB1WIs6GMdUeoq4g?view_as=subscriber
    Website: https://chinaparadigm.com/
    Thanks for listening! If you like what you hear, do us a favor and write a review on iTunes.
    What is China Paradigms Podcast?
    China Paradigms is the China Business Podcast for entrepreneurs and China watchers. Learn from business professionals in China on our China Paradigms.
    #ChinaParadigm #SaaS #accounting
    1 hr 13 min
  • Ep 112: Opening 8 Shanghai restaurants & clubs in 4 years based on data and tactful branding
    Matthieu David interviews Gennadii Bochkar and Chen Feng (Fiona) partners and Co-founders at BIBIMI Group with 10 venues in Shanghai. Situated between the fast-casual and casual dining experiences, the BIBIMI group manages 10 venues successfully and planning to open new spots and even night clubs. But how do they manage such a managerial workload, what principles do they rely upon when building a new venue and how important is social media for their business? Find out the answers to these questions and more on this new China Paradigm interview.
    0:00 Guest introduction
    4:48 Current size of BIBIMI group and revenue
    7:19 Brief group history
    15:06 What was the vision of scaling from Bites&Brew to the BIBIMI group?
    16:54 Fast casual and casual dining - why is the BIBIMI group in between?
    20:31 The Beginning - was money raised to start or to grow the business?
    22:02 What were the investments required to scale the business?
    27:54 The principles involved in building a new concept for a restaurant
    31:46 Leveraging social media for building new restaurant concepts
    38:17 How does BIBIMI group's competition look like?
    41:02 Did the coronavirus outbreak affect the BIBIMI group's business in a positive way?
    43:47 What economy of scale strategies can BIBIMI group employ in the future?
    46:18 It's all about having a great backend strategy
    47:52 What software does the BIBIMI group rely upon in their day to day business?
    50:48 What are Fiona's responsibilities within the group?
    53:43 Is the interior design service internalized or externalized?
    57:37 Paying back investors - a BIBIMI group timeline
    1:01:00 How does Fiona handle Gennadii not being involved in the business full time?
    1:03:10 What books have inspired Fiona in her entrepreneurial journey?
    1:06:12 What books have inspired Gennadii in his entrepreneurial journey?
    1:11:11 Outro
    Creating 5 iconic restaurants in 3 different Asian cities: https://www.youtube.com/watch?v=owlrUttlkf0
    Meet the founder of the iconic 17 year old restaurant in Shanghai’s ex French concession: https://www.youtube.com/watch?v=kjL6OHsNpQo
    Listen & Subscribe:
    Soundcloud: https://soundcloud.com/china-paradigms-daxue
    Apple Podcasts: https://podcasts.apple.com/us/podcast/china-paradigms/id1450916630
    Spotify: https://open.spotify.com/show/78qDpsYgQXWrkPpJyZJLtx
    YouTube: https://www.youtube.com/channel/UC2y6ixpQB1WIs6GMdUeoq4g?view_as=subscriber
    Website: https://chinaparadigm.com/
    Thanks for listening! If you like what you hear, do us a favor and write a review on iTunes.
    What is China Paradigms Podcast?
    China Paradigms is the China Business Podcast for entrepreneurs and China watchers. Learn from business professionals in China on our China Paradigms.
    1 hr 12 min
  • Ep 111: Using analytics to make data relevant In China
    Matthieu David interviews Carole Gabay, Analytics Manager & Market analytics consultant. Insightful market analysis is really important in order to accurately determine consumer behavior and make solid market strategies. Carole Gabay has been doing market analysis for 25 years and her skills in this field have been honed and perfected based on a strong professional experience. Her latest project is called covidminute.com What exactly does this project shed light on and how did it come to be? How is the approach to market analysis different for China compared to the rest of the world? Find out the answers to these questions and more in this new China Paradigm interview.
    0:00 Guest introduction
    2:21 What projects is Carole Gabay working on currently and how does she describe the term "market analytics capabilities"?
    7:23 What insightful tool does Carole Gabay use for market analysis?
    10:51 How is market analysis different for China compared to the rest of the world?
    14:04 The China drug market - worth tracking of healthcare insurance agencies come to the market
    16:15 How did covidminute.com came to be?
    20:14 How did Carole Gabay approach the COVID-19 impact analysis?
    23:34 The COVID-19 epidemic - quantitative analysis vs qualitative analysis
    29:13 Testing - an important variable to take into account when analyzing the COVID-19 epidemic on a global scale
    31:55 How does weather impact the coronavirus spread?
    36:05 Lockdown policy - easier to enforce in some countries and harder in others
    39:47 COVID-19 spread in Israel - a brief case study
    41:33 covidminute.com - choosing the everyday topic
    43:18 Learning from mistakes - refining collected data on the coronavirus is crucial for research institutes
    44:43 What books gave inspired Carole Gabay in her professional journey?
    46:35 What does Carole Gabay read to stay up to date on China?
    47:41 What book about China would Carole Gabay recommend?
    51:45 What success or failure has Carole Gabay witnessed in China that could have an impact on Chinese society?
    55:50 Outro
    Learn more about covidminute: www.covidminute.com
    How to score a 1.5 million RMB sales day through live-streaming twice: https://www.youtube.com/watch?v=TqJHpSlFpS8
    Listen & Subscribe:
    Soundcloud: https://soundcloud.com/china-paradigms-daxue
    Apple Podcasts: https://podcasts.apple.com/us/podcast/china-paradigms/id1450916630
    Spotify: https://open.spotify.com/show/78qDpsYgQXWrkPpJyZJLtx
    YouTube: https://www.youtube.com/channel/UC2y6ixpQB1WIs6GMdUeoq4g?view_as=subscriber
    Website: https://chinaparadigm.com/
    Thanks for listening! If you like what you hear, do us a favor and write a review on iTunes.
    What is China Paradigms Podcast?
    China Paradigms is the China Business Podcast for entrepreneurs and China watchers. Learn from business professionals in China on our China Paradigms.
    #chinaparadigm #china #covid19
    57 min
  • Ep 110: How to score a 1.5 million RMB sales day through live-streaming twice
    Matthieu David interviews Josh Gardner, CEO at Kung Fu Data. The e-commerce sector has never been more relevant and richer in China than the present and Kung Fu Data is a big reason why businesses succeed in this field. Gathering the right data combined with having the right business relationships and taking advantage of present opportunities has made Kung Fu Data a force to be reckoned with in the e-commerce business. Find out why in this new China Paradigm podcast.
    0:15 Guest introduction and Kung Fu Data’s history
    6:48 Current company size and workflow – pre and post COVID-19
    17:13 The quality of the shopping experience - is it changing?
    19:55 Calculation of conversion rates during a live stream – the new way of shopping
    25:23 What other changes might occur as a result of the coronavirus outbreak?
    28:50 Owning the marketing strategy - shopping platforms are integrating with social media platforms in China
    31:51 Learning about e-commerce - how did Kung Fu Data come to be?
    39:41 Rigging the Game - building strong professional relationships makes long term sense
    47:46 How does Kung Fu Data gain it's clients' trust?
    53:39 Valuable Intel - sacrificing a year to learn the market
    58:57 Kung Fu Data strategies for optimizing e-commerce marketing
    1:06:49 The smallest details matter - a Kung Fu Data approach to e-commerce today
    1:13:48 What books about China has inspired Josh Gardner the most in his entrepreneurial journey?
    1:23:47 What surprising success or failure has Josh Gardner witnessed in terms of business in China?
    Learn more about Kung Fu Data: https://kungfudata.com/
    Leveraging data to surf China’s e-commerce wave: https://www.youtube.com/watch?v=MvD1DYZgES4
    Listen & Subscribe:
    Soundcloud: https://soundcloud.com/china-paradigms-daxue
    Apple Podcasts: https://podcasts.apple.com/us/podcast/china-paradigms/id1450916630
    Spotify: https://open.spotify.com/show/78qDpsYgQXWrkPpJyZJLtx
    YouTube: https://www.youtube.com/channel/UC2y6ixpQB1WIs6GMdUeoq4g?view_as=subscriber
    Website: https://chinaparadigm.com/
    Thanks for listening! If you like what you hear, do us a favor and write a review on iTunes.
    What is China Paradigms Podcast?
    China Paradigms is the China Business Podcast for entrepreneurs and China watchers. Learn from business professionals in China on our China Paradigms.
    1 hr 33 min
  • Ep 109: building a SaaS in the Wechat, Weibo & Douyin ecosystems
    Matthieu David interviews Alex Duncan, Co-founder and Product Lead, and Alex Li, VP at KAWO Head of Brand and Agency Partnerships. If you are a big brand trying to establish yourself on the Chinese market you’re going to need a strong social media presence. Thus, we decided to arrange this interview to get the answers directly from experts and explore social media management platform, since KAWO offers support for foreign brands across all the major Chinese social media platforms. How hard was it to build this business? What were the challenges the team face when deciding their pricing model and what did they learn about how to handle the ever-changing algorithms of the Chinese social media platforms? Find out the answers to these questions and many more by listening to this interview.
    0:15 Guest introduction and KAWO’s history
    6:11 KAWO is always implementing new features based on user feedback
    8:50 Present company size and user base
    13:26 How did the coronavirus outbreak impacted KAWO's functioning
    15:24 The early days - how did KAWO come to be?
    19:24 How hard is pricing the service in the SaaS industry?
    23:25 More about pricing - how adaptable does the pricing model need to be a for KAWO?
    28:02 How does KAWO handle pricing for multiple account users?
    32:26 Planning and Reporting - very important features for KAWO users
    37:32 Does planning mean just pushing messages or is there more to it on KAWO?
    39:06 How difficult is it to build a software service based on APIs of existing Chinese social media platforms?
    43:15 How is KAWO's API leveraged by their clients?
    45:15 Beside timing what makes a post great by KAWO's standards?
    49:13 WeChat subscription accounts are the safe bet for tailored content
    52:04 How hard is it to be viral on Wechat?
    53:52 Post frequency on Weibo - avoiding diminishing returns
    55:13 Catering content to your niche is the key to success on Wechat
    55:58 What books have most inspired Alex in his entrepreneurial journey?
    58:54 What do you read to stay up to date on China?
    1:01:22 What unexpected failure and success have Alex witnessed in China?
    1:05:41 Outro
    Learn more about KAWO: https://kawo.com/en/
    Going from digital agency to SaaS business in China with Daphne Tuijn: https://www.youtube.com/watch?v=Y61fV3Eo3T0
    Listen & Subscribe:
    Soundcloud: https://soundcloud.com/china-paradigms-daxue
    Apple Podcasts: https://podcasts.apple.com/us/podcast/china-paradigms/id1450916630
    Spotify: https://open.spotify.com/show/78qDpsYgQXWrkPpJyZJLtx
    YouTube: https://www.youtube.com/channel/UC2y6ixpQB1WIs6GMdUeoq4g?view_as=subscriber
    Website: https://chinaparadigm.com/
    Thanks for listening! If you like what you hear, do us a favor and write a review on iTunes.
    What is China Paradigms Podcast?
    China Paradigms is the China Business Podcast for entrepreneurs and China watchers. Learn from business professionals in China on our China Paradigms.
    1 hr 7 min
  • Ep 108: Meet the founder of the fist internet cloud company in China
    Matthieu David interviews Steve Mushero, CTO of China MSP YunChang. The cloud internet service is fairly new to China and Steve Mushero’s company has been one of the pioneers on the Chinese market. In 2015 he managed to raise 9 million USD to fund his business, but how embracing is the Chinese market for this type of service? How easy is it to reach Chinese IT investors and what are the main differences between the internet cloud service market in China vs the West? Find out the answers to these questions and more in this new China Paradigm podcast.
    0:15 Guest introduction
    2:54 The niches that an internet cloud service company can take advantage of
    6:07 Company size and a brief history of funding
    7:29 Being part of the club - how hard was it to function on the Chinese market
    9:58 How does YunChang cater to the international businesses that want to operate in China?
    11:17 How does YunChang handle the competition?
    12:58 Does YunChang provide client-tailored services?
    14:14 Has the Coronavirus brought change to the time people spend online?
    16:01 Has the market normalized yet?
    16:53 What actions did YunChang take to cope with the lockdown period?
    18:48 What are the main differences between China and the West regarding the way the IT industry functions?
    26:37 Why is the software market so small in China?
    33:27 How were the 9 million USD raised in 2015 by Steve Mushero used for?
    35:37 The differences between financing an internet cloud service business in China vs the West
    38:06 How easy is it to have access to investors in China?
    41:37 What books have inspired Steve Mushero in building his business?
    43:48 What book, publication or movie about China can Steve Mushero recommend?
    47:04 What productivity tools does Steve Mushero like to use in China to run his business?
    48:07 Should he have extra time, what other business would Steve Mushero pursue?
    51:08 Is AI replacing the human workforce a worry?
    54:03 What unexpected business success and failure has Steve Mushero witnessed in China?
    56:33 A few details about Steve Mushero's blog
    Learn more about YunChang: https://www.yunchangcloud.com/
    Going from digital agency to SaaS business in China with Daphne Tuijn: https://www.youtube.com/watch?v=Y61fV3Eo3T0
    Listen & Subscribe:
    Soundcloud: https://soundcloud.com/china-paradigms-daxue
    Apple Podcasts: https://podcasts.apple.com/us/podcast/china-paradigms/id1450916630
    Spotify: https://open.spotify.com/show/78qDpsYgQXWrkPpJyZJLtx
    YouTube: https://www.youtube.com/channel/UC2y6ixpQB1WIs6GMdUeoq4g?view_as=subscriber
    Website: https://chinaparadigm.com/
    Thanks for listening! If you like what you hear, do us a favor and write a review on iTunes.
    What is China Paradigms Podcast?
    China Paradigms is the China Business Podcast for entrepreneurs and China watchers. Learn from business professionals in China on our China Paradigms.
    58 min
  • Ep 107: All you need to know about the spa business in China
    Matthieu David interviews Johnny Chang Founder at Spa Solutions Training and Management Consultancy Ltd., Shanghai. How big is the spa industry in China and how much more of a quality service does it offer compared to the West? What training does Spa Solutions offer emerging spa businesses and in what way is the spa industry segmented in China? Find out the answers to these and more questions by listening to the interview.
    0:15 Guest introduction and Spa Solutions’ history
    6:12 Why does 19% of revenue comes from Spa retail sales?
    7:16 Personalization and protocol - the two factors for running a successful spa
    9:53 Why is the quality of the spa service in Asia better than in the West?
    13:06 How is the coronavirus outbreak impacting the spa industry short term and long term?
    18:43 The spa market segmentation - a brief analysis
    20:50 What equipment could raise the efficiency of spa businesses?
    23:58 Other examples of the spa business segmentation
    27:36 The hotel spa pricing system
    30:06 The spa market in China - big chain spas vs stand-alone spas
    32:43 How are the independent spa chains impact the spa Chinese market?
    38:30 How does a spa service business structure look like?
    40:48 Are there other streams of revenue for spas expect treatment and retail?
    43:06 The top spa businesses in terms of capital
    44:04 A few key features a spa needs to have to survive in China
    49:43 Does it make more sense to view the spa business as a retail business rather than a treatment business?
    51:35 About the geographical segmentation of the spa business
    56:25 Getting spa sales improved by 70% - a Spa Solutions quick fix
    58:49 Spa products retail prices - higher or similar to getting them from another specialized store
    1:00;21 About problems that need to be addressed in the spa industry
    1:02:07 Is formal training by cosmetic brands required for spas in order for them to sell their cosmetic products?
    1:05:28 What training does Spa Solutions offer big brands in terms of integration with spa services?
    1:07:14 How does technology help the spa industry?
    1:09:31 How does a profile of a typical premium hotel spa or medical spa look like?
    1:12:16 Are spas adapting their offers based on the different weather climates existing in different geographical areas in China?
    1:15:35 Outro
    Starting a healthy lifestyle business in China: https://www.youtube.com/watch?v=OSzBkv8_GHI
    Learn more about Spa Solutions Training and Management Consultancy Ltd.: http://www.spatm.net/
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    Website: https://chinaparadigm.com/
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    What is China Paradigms Podcast?
    China Paradigms is the China Business Podcast for entrepreneurs and China watchers. Learn from business professionals in China on our China Paradigms.
    1 hr 16 min

About China Paradigms

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China Paradigm is a China Business Podcast, the largest audio library on entrepreneurship in China, where we talk to business people who have successfully built businesses in China and ask them about the challenges they encountered along the way.