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| Suitable for Growth
Key to success #3:
Access to
market
The Chinese mid-market is unlike any other market in the
world and compared to Western markets, there are substantial
barriers for a Danish SME to find market insights, e.g.:
Culture ­ The cultural differences between China and devel-
oped markets in the West are substantial and even basic
assumptions need to be checked.
Characteristics ­ The mid-market in China differs radically
from the high-end market with respect to price, quality,
service, etc.
Market information ­ Market information is not readily
available in the formats known from Western markets.
Size ­ The Chinese market is too big to be considered as one
market. The various regions in China differ and often need to
be further segmented.
Geography ­ The geographical distance between China and
Denmark means that most meetings are held by phone or
videoconferencing, and this often makes it more difficult to
understand one another fully.
Language ­ Language barriers prevent a Danish project
team from getting in direct contact with non-English speaking
Chinese customers.
Together, these barriers may result in an SME traveling blind-
folded through new uncharted territories.
ACCESS TO MArKET