Luxury and China's netizens: the market and the audience

Chinese luxury consumption is projected to grow 18% annually from 2010 to 2015, by which time it will total RMB 180 billion, accounting for over 20% of the global luxury market, defined in this piece as leather goods, shoes, fine jewellery, watches, RTW (ready-to-wear or prêt-à-porter) and accessories.

Luxury and China's netizens: the market and the audience

The luxury market in China is huge and growing fast – and that is reflected in conversations online. In the white paper 'The voice of luxury: social media and luxury brands in China', media agency group GroupM and social media monitoring company CIC examined the 'buzz' around luxury products online, including analysis of BBS (bulletin boards) and microblog posts. The goal is to provide luxury marketers with some pointers on listening and responding to this highly influential audience. For more on the study click here.

Luxury Category Overview

Chinese...

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