Special treat this week! We're sharing an interview Bryce made with Wenchi Yu on Perspectives.
Subscribe to Perspectives: https://podcasts.apple.com/us/podcast/perspectives-with-wenchi-yu/id1793854395
Bryce on Linkedin: https://www.linkedin.com/in/brycewhitwam/
Wenchi Yu on Linkedin: https://www.linkedin.com/in/wenchi-yu-5099b04/
"Selling to China" Book: https://a.co/d/g9SJEOk
Host Wenchi Yu speaks with Bryce Whitwam, a seasoned marketing professional with extensive experience in Asia, including 17 years in China, where he led major advertising agencies and founded his own. Bryce highlights the "seismic shift" in marketing and consumer behavior brought about by the rise of multifunctional digital platforms such as WeChat, Taobao, Douyin, and Xiaohongshu (also known as Red Note). The conversation also covers the rise of Chinese domestic brands, a phenomenon known as "Guo Chao 国潮," like Luckin Coffee, which have challenged foreign brands such as Starbucks.
Whitwam argues that while consumers may sometimes boycott foreign brands like H&M for nationalistic reasons, they generally base their purchasing decisions on product quality and trust. Despite tariffs and the closure of the "de minimis" loophole, Whitwam predicts an increase in direct-to-consumer sales from Chinese manufacturers to the U.S.. He views these tariffs as a "failed policy" that will lead to higher prices for consumers.
Bryce Whitwam contributed a chapter, MARKETING AND SOCIAL MEDIA: Staying Ahead of the Most Dynamic Market on Earth, for Ker Gibbs' Selling to China: Stories of Success, Failure, and Constant Change.
Bryce Whitwam is also a co-host of ShanghaiZhan, a podcast about all things China marketing, advertising, tech and platforms.
00:00 The Digital Revolution in China
02:46 Bryce's Journey in Marketing and Advertising
05:40 E-commerce and Social Commerce Transformation
08:38 The Shift in Advertising Strategies
11:40 The Rise of Short-Form Video and Influencer Marketing
14:32 Understanding Chinese Social Media Platforms
17:42 The Impact of Domestic Brands and Guo Chao
20:08 Navigating Geopolitical Tensions and Consumer Preferences
23:12 The Future of US-China Business Relations
25:43 Conclusion: The Competitive Landscape Ahead
Host Wenchi Yu speaks with Bryce Whitwam, a seasoned marketing professional with extensive experience in Asia, including 17 years in China, where he led major advertising agencies and founded his own. Bryce highlights the "seismic shift" in marketing and consumer behavior brought about by the rise of multifunctional digital platforms such as WeChat, Taobao, Douyin, and Xiaohongshu (also known as Red Note). The conversation also covers the rise of Chinese domestic brands, a phenomenon known as "Guo Chao 国潮," like Luckin Coffee, which have challenged foreign brands such as Starbucks.
Whitwam argues that while consumers may sometimes boycott foreign brands like H&M for nationalistic reasons, they generally base their purchasing decisions on product quality and trust. Despite tariffs and the closure of the "de minimis" loophole, Whitwam predicts an increase in direct-to-consumer sales from Chinese manufacturers to the U.S.. He views these tariffs as a "failed policy" that will lead to higher prices for consumers.
Bryce Whitwam contributed a chapter, MARKETING AND SOCIAL MEDIA: Staying Ahead of the Most Dynamic Market on Earth, for Ker Gibbs' Selling to China: Stories of Success, Failure, and Constant Change.
Bryce Whitwam is also a co-host of ShanghaiZhan, a podcast about all things China marketing, advertising, tech and platforms.
00:00 The Digital Revolution in China
02:46 Bryce's Journey in Marketing and Advertising
05:40 E-commerce and Social Commerce Transformation
08:38 The Shift in Advertising Strategies
11:40 The Rise of Short-Form Video and Influencer Marketing
14:32 Understanding Chinese Social Media Platforms
17:42 The Impact of Domestic Brands and Guo Chao
20:08 Navigating Geopolitical Tensions and Consumer Preferences
23:12 The Future of US-China Business Relations
25:43 Conclusion: The Competitive Landscape Ahead