The McKinsey Quarterly

close Visitor Edition

McKinsey Quarterly is the business journal of McKinsey & Company.

featured Marketing, Sectors & Regions article, Think regionally, act locally: Four steps to reaching the Asian consumer

September 2009 

Think regionally, act locally: Four steps to reaching the Asian consumer

The most successful global consumer enterprises are radically reshaping their organizations and business models to suit the region’s rapidly evolving high-growth markets.

Recent Thinking

The Archive

2008

  • February 2008 

    Getting more from prepaid mobile services

    As the industry matures, mobile operators won’t be able to count on a flood of new customers to fuel growth, so they must create more value from those they already have—including prepaid ones.

2007

2006

2005

2004

  • December 2004 

    Limiting churn in insurance

    Customer segmentation can help companies target their retention efforts more effectively.

  • August 2004 

    Seizing the Hispanic market

    Financial institutions will need to do more than just translate their brochures into Spanish to capitalize on opportunities in this consumer segment.

  • July 2004 

    Understanding the Chinese consumer

    Laurent Philippe, the head of Procter & Gamble in China, explores how to beat the competition in the country’s huge and complex market.

  • February 2004 

    Keeping mobile customers

    Why do customers stray? Unpredictable monthly bills are largely responsible.

2003

  • August 2003 

    China's refrigerator magnate

    Zhang Ruimin, CEO of the Haier Group—the Chinese company that is the world’s fifth-biggest maker of white goods—describes his plan to create a global brand.

  • June 2003 

    Brand building in emerging markets

    Western consumer goods companies entering rapidly expanding emerging markets should imitate the local competition.

  • May 2003 

    Fast-food fight

    Companies offering fresh food in distinctive settings will hit the sweet spot of an otherwise slow-growing fast-food industry.

  • May 2003 

    Pharma goes direct in Japan

    Despite restrictions on drug advertising in Japan, recent pilot campaigns suggest new ways for companies to reach out to patients.

  • February 2003 

    A new bank market in South Africa

    The emerging black middle class could be a great opportunity for institutions offering personal financial services.

  • February 2003 

    Making the most of US auto distribution

    US dealers and manufacturers can—and must—collaborate in their own self-interest.

  • February 2003 

    Overhauling European auto distribution

    Manufacturers in Europe have a choice of three strategic directions. What they have in common is a need to fix the way cars are sold.

2002

  • August 2002 

    CRM in the air

    Airlines can capture more value and hang on to more of their customers by focusing, once again, on their CRM programs.

  • August 2002 

    Making more of pharma's sales force

    Pharmaceutical companies have lost their focus on doctors. The key to higher sales is regaining it.

  • August 2002 

    Wholesale moves in China

    China’s entrance into the WTO offers opportunities for foreign wholesalers—and dangers for domestic ones.

  • May 2002 

    A cure for clinical trials

    US pharma companies often miss their deadlines when testing new drugs. The use of marketing techniques to manage the recruitment of patients for clinical trials could speed things up considerably.

  • May 2002 

    Emerging marketing

    Companies don’t need state-of-the-art tools, huge volumes of customer information, and armies of experts to use continuous-relationship marketing effectively.

2000

  • November 2000 

    Kick-starting soccer

    Soccer clubs in smaller markets such as Belgium and Switzerland should emulate the big countries’ superclubs and take marketing more seriously.

  • June 2000 

    Fighting brawn with brains

    Global retailers are flexing their muscles. How should manufacturers respond?

  • June 2000 

    Marketing in the UK

    Eighty percent of the executives responding to a McKinsey survey described marketing as very or critically important in achieving financial objectives, yet only about a third claimed it was well established in their own businesses.

  • May 2000 

    A prescription for direct drug marketing

    The billions so far laid out on direct-to-consumer ads for prescription drugs have mostly failed to deliver. Yet the successes of a few companies show that failure is hardly inevitable.

  • February 2000 

    It’s all in the follow-through

    Golf has reached a crossroads, and unless the game is marketed more aggressively, the industry risks becoming as mature as its archetypal customer.

  • February 2000 

    Making a meal of Europe’s food-and-drink business

    Consolidation could create more than $100 billion in net present value in the fragmented European food-and-drink industry-and that makes restructuring almost inevitable.

1999

  • November 1999 

    You want profits with that?

    Revenues in the quick-service restaurant industry have boomed; returns have not. What can such companies do to beef up their profits at a time when they have to work hard to attract not only customers but also employees?

  • August 1999 

    May the sales force be with you

    Lessons from McKinsey’s 1998 packaged-goods survey.

  • February 1999 

    Wanted: More newspaper ads

    Buyers are questioning the value of print ads because the people who sell it don't know themselves. To get more ads, newspapers should reorganize, not cut rates.

1997

1996

  • August 1996 

    China’s consumer market: A huge opportunity to fail?

    For many companies, destructive cycles reverse early successes. Strong sales, distribution, and organizational capabilities are key. Your goal: $1 billion in sales by the year 2000.

  • May 1996 

    Winning China’s consumer market in the 21st century

    China’s market for fast-moving consumer goods has exploded over the past decade. And as millions of households cross the income threshold for packaged goods consumption, the market is likely to continue to outpace growth in the overall economy.

1995

  • August 1995 

    Cracking Japanese markets

    Japan’s “closed” sales and distribution systems are giving way to new, low-cost channels. Discounters will soon sell 50 percent of household products. It’s time to import—rather than imitate—local management practice.

  • May 1995 

    The Russian consumer revolution

    Three keys to success: distribution, distribution, distribution.

New In:
Embed E-mail