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Growth Despite The Trend
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IN THIS LESSON
ID: 2775Upper Intermediate
Growing in an economic downturn in no easy task, however, this company has not only gone against the trend, they are activity thriving. Tune in for an inspiring interview where we hear the PR manager talk about the company's vision, philosophy, marketing strategy and learn lots key terms for business and marketing.
Fiona Tian,Constance Fang
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Despite economic conditions not being great, Mr Zhao, the factory director, led his team to break with this trend. The economy being bad can't repress an individual's talent. At the forum at the exhibition, we invited the PR director of the company, Mr Wang, to discuss their marketing strategies.
Actually it's simple, one just needs to shift from the "attract the consumer's attention" state of mind, to the "pay attention to the consumer" state of mind. You need to pay attention to consumer needs, if you see what they need then you know what we have to do.
But the prices of imported goods are getting higher and higher, how do you provide the same quality of customer experience for your clients if costs are rising?
When the currency depreciates, import costs rise, that's for sure, but our company has always had fixed cooperative relations with factories. So we sign long-term contracts, which means that we're less subject to short-term fluctuations on the market.
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