1、ChinaRetailMarketDevelopment,Objectives,2004RetailCensusFindingsDoesRetailuniversecontinuetoexpand?Howbigisourkeychannel(moderntrade)asoftoday?Anychangestothecompositionofmoderntradeoutlet?,RetailDevelopmentAsof2004RetailMarketStudy(Census),ChinaRetailMarketDynamics,Chinaexperiencedstrongeconomicgro
2、wthin2004vs.2003;GDPclimbed9.5%RetailSalesgrewby10.2%RetailGroc/KioskStillSizeableButDecliningTrendApparent,ModernTradeincludesHypermarket,supermarket,minimarketDevelopmentOfCVSAdverselyImpactedNotOnlyOnTraditionalG/KButAlsoMini-markets,TraditionalStoresBecameMore“Specialized”InOrderToSurviveUnderSe
3、verePressureFromMT,#FMCGStores,MonthlyFMCGACV,FMCGACVperstore,Loyaltytospecificbrandsremainsloworindeclineexceptcigarettes,Base:Randomsamples-Allwhobuytheproductsregularly,Ref:Q16,18,20,22,24,(26,28,30),PurchaseBehaviorinEventofUnavailability,Q.Ifyouwerebuyingfromyourusualstoreanditsnotavailable,wou
4、ldyou.”,%,Conclusion,IntherecentACNielsenRetailMarketStudy,retailuniversereportedamarginaldecline(-4%)instorecountresultedbytheshrinkageofGroc/Kiosk(-8%)inwhichModernTrade(+35%)rapidexpansionisbelievedtobekeydrive.Asaresult,transformationfromTraditionalTradetoModernTradecontinues.Moderntradeaccounts
5、for1%ofstorecountwhile33%oftotalFMCGsalesvalueturnover.ModernTradeaggressivenessobservedacrosscitylayersevenShanghaiwhichisperceivedaspioneercity,moderntradeexpansionisstillevidencedanddidntseemsaturated.Atthesametime,polarizationappearsinmoderntrade:Instorecount,Hmkt&CVSledthegrowthConsumerstudy(2004ShopperTrend)illustratestheincreasedfrequencyofvisitsandalsotendencytospendmostHmkt/CVSLastly,chineseconsumersarehavinglowbrandloyaltythatmajoritywillswitchtootherbrandwhentheidealoneisout-stock.,