The Fengyun Dialogue brought together a vibrant exchange of ideas, featuring Mr. Xiao Xiao, Chairman of WanWorld Network, alongside global brand representatives, cultural figures like Chang Wei, and numerous distinguished guests. The event was filled with dynamic discussions and insightful questions from the media, making it an engaging and thought-provoking session. Topics such as "China's E-commerce Market, Prospects for Niche Brands, and the Development Trends of WanWang Network" sparked lively debates among industry experts and attendees.
The panel included Mr. Wei Chang, Deputy Director of China Watch Association Collection Research Association, Mr. Wang Zesheng, Deputy Director of the China Watch Association Trade Working Committee, and Mr. Xiao Xiao, who engaged in a deep conversation on the current state and future of China’s e-commerce market, the relationship between family-owned businesses and group services, and the development model of Wanwai Network.
Mr. Chang Wei highlighted the unique challenges and opportunities in the Chinese watch market this year. Mr. Xiao Xiao shared insights into how the Chinese economy and government policies have affected high-end consumption, but noted that WanWang Network has maintained steady growth due to its focus on personal consumers, which is less impacted by anti-corruption efforts.
Mr. Wang Zesheng, with his extensive experience in the watch industry, emphasized how the recent anti-corruption campaign has led to more rational consumer behavior, benefiting the long-term health of the market. He praised Wanwai Network for its selection of European niche brands, which are known for their craftsmanship and reasonable pricing.
When asked about marketing strategies for these niche brands, Mr. Xiao Xiao explained that the platform carefully selects brands that are family-run, committed to quality, and true to their design principles. He also mentioned that precise targeting of customer segments, combined with the existing user base of Wanwai Network, helps these brands succeed in a competitive market.
The discussion also touched on after-sales service, with both Mr. Xiao Xiao and Mr. Wang Zesheng agreeing that excellent service is crucial for maintaining brand reputation. They discussed how Wanwai Network ensures that each brand receives proper training and support to deliver top-notch maintenance.
Looking ahead, Mr. Xiao Xiao outlined plans to expand the number of brands on the platform, aiming to reach 30 within two years. He also shared his vision for the future of e-commerce models in China, noting that while traditional methods still play a role, new approaches like Wanwai Network's are gaining traction and show great potential.
The event concluded with heartfelt thanks to all participants, and a call for continued attention and support for the ongoing developments at WanWang Network.
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