world and compared to Western markets, there are substantial barriers for a Danish SME to find market insights, e.g.: 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. folded through new uncharted territories. |