Chinese Coffee Brands Face Challenge Beyond Low Prices
Chinese coffee brands must adapt beyond low prices to compete globally, analysts say. They need to build a strong presence in China and blend quality with competitive pricing.
With Chinese coffee brands eyeing overseas expansion, analysts said those seeking to succeed as global players must move beyond low-price strategies and a narrow focus on operational efficiency. “Overseas consumers have long associated Chinese brands mainly with cost performance,” said Fu Yifu, a special research fellow at Su Merchants Bank in Nanjing, in the eastern Jiangsu province. “To succeed globally, the core is to build a presence rooted in China’s operational efficiency while blending...