Monthly Archives: January 2013

Weibo brings change to China

Source from TechInAsia

Undoubtedly, the emergence of Weibo, a hybrid of Twitter and Facebook in China, has important meanings for celebrities who want to get more exposure, for companies to promote to the general consumers, and for people to connect with friends in diverse ways, but perhaps the most impacted one would be on shortening the communication distances between the Chinese government and its people. Weibo, a fast media product, has much marketing importance to the Chinese politicians.

As an example, the news of the police chief of Chongqing sought refuge in the US consulate in Chengdu after falling out politburo member Bo Xilai was publicized most immediately on Weibo. The news was spread out very quickly by people sharing and commenting, and soon the world was informed of the news, which pressured the Chinese government to handle this issue in a fast and transparent manner. Before Bo’s issue, no rumors about the politburos were ever exposed in China due to the censorship. As we can see, the growth of fast media in China allowed people to receive messages more easily and even acted as an agent for reducing political corruptions, and Weibo is a powerful tool for that.

This improvement in speech of freedom did not come without resistance. Referring to Bo Xilai’s case, Weibo had to ban users from commenting on other people’s posts for several days, and several users who posted speculation about a possible coup in Beijing were arrested. Henceforth, in order for the Chinese government to better service its people as well as to keep people align with its political vision, Weibo and other fast media marketing tools are important for establishing the necessary trusts and transparencies. By doing so, a more open, harmonized, and less corrupted China will be within sight.

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Feed Scandals of the Fast Food Giants in China

A Chinese farmer collect eggs at a chicken farm in Hefei in eastern China's Anhui province in November 2009. A recent report published Nov. 22, 2012, said that a chicken supplier to KFC used harmful chemical additives, sparking food safety concerns. (STR/AFP/Getty Images)

A Chinese farmer collect eggs at a chicken farm in Hefei in eastern China’s Anhui province in November 2009. (STR/AFP/Getty Images)

Recently, a poultry supplier to fast food chains KFC and MacDonald was discovered to have accelerated the growth speed of chicken by using a chemical called “instant chicken”, which is harmful and can cause health concerns for consumers.

As we know, the fast food chain giants KFC and MacDonald captured most of the market shares of the industry in China. As clear leaders of the industry, KFC and MacDonald multiple scandals including the Sudan food chemical scandal, the illegal cooking oil scandal, and many other food safety concerns would affect the behaviors of other restaurants who look up to them and damage the whole industry’s reputation.

KFC and MacDonald had done lots of great marketing campaigns that can be written or have already been written into case studies for business students to learn from. Being customer-oriented and socially responsible companies have frequently advertised by the two. Disappointingly  their profit-driven behavior formed by the stock market and management has caused the company to go across the line and disregard the health of consumers.

It’s much faster for a company to go under than for them to make their way up; as reflected by the share price of Yum! Brands.Inc., the stock price of the company dropped by over 12 percent from the date of the scandal being publicized to today, which is less than a month, due to the loss of sales and loss of people’s confidence about the company.

This ethical issue reminds us the business students that, being unethical is not the good option for operating business. As we can see from the case, just a small mistake made in KFC’s supply chain caused the company billions of dollars. And, it’s important to remember that product safety is highly valued by customers.

http://www.theepochtimes.com/n2/china-news/chinese-kfc-chicken-supplier-in-feed-scandal-319725.html

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Welcome to my the K-Blog!

Hi, welcome to the K-blog.

My name is Kevin Zhuang, UBC BCom 2015, the blogger.

I will be introducing various Marketing-related concepts, commenting on a fellow classmate’s blogs, and reviewing on an industry professional’s article.

I am looking forward to interact with you! Stay tuned!

Sincerely,

Kevin

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