lg styler
TRANSCRIPT
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NEWJOURNEY
Ali Babar, Anita Yuan, Iris Ma, June Hwang, Samantha Whynot
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How to expand successfully in Chinese B2B market
with LG Styler?
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Table of Contents
• Interior Design Industry
• The company: BBBZS
• Action Plan: ATL, BTL
• Optimum Price
• Expected Outcome
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Interior Design
Industryin China
InteriorDesign
Industry
Houses?
Office
• Industrial output 32
billion USD in 2010
• Growth rate of 388.9% in
10 years time
• Chinese vacancy rate: 26%
• “People purchase realestate mainly forinvestment”
• Future tendency
• Market Demand
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MainFeatures
• Sanitization
• Crease Care
• Refresh
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CompanyProfile
• Construction & Engineer – Interior Design
Company
• Established in 2006
• Based in Beijing
• Focus on office & business space
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Sample Designs
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Why BBBZS?
BBBZS
Partnership
Relations
Sustainability
Value Fit
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DistributionChannel
LG BBBZS Real Estate
e.g. SOHO
Businesses
Other business
(renovation)
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Action Plan-ATL
Advertise in DECO TIMES
• Covers 90% of interior design
companies and buyers for
commercial housing in Beijing
• Have 90,000-150,000 readers
per month
• Estimated Cost:
$1,500USD for one full page
advertisement
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Action Plan-ATL
Advertise in Interior Design Fair
• Put the exhibition stand in the Fair
and hand out the flyers
Estimate cost per day:
$285USD
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Action Plan-BTL
Step 1: Informational meetings
Step 2: Offer 5 complimentary units
Step 3: Promotional guidelines
Step 4: Showroom display
Step 5: Reviews
Ongoing: Maintenance and Warranty
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OptimumPrice
• Offer 25% B2B discount rate
• Per unit price $2,250
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ExpectedOutcome
SOHO Office Space Total: 170,000 m2
Single Office : 175
# of Office Units: 971
Executive Employees (20-25%) # of Executive Offices: 194-242
SOHO Sales Revenue (LG Styler Unit price=$2,250)
$436,500-$544,500
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