Developing the Chinese Shopper By: Carolyn Petty President TaxFree Shopping.

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Developing the Chinese Shopper By: Carolyn Petty President TaxFree Shopping

Transcript of Developing the Chinese Shopper By: Carolyn Petty President TaxFree Shopping.

Page 1: Developing the Chinese Shopper By: Carolyn Petty President TaxFree Shopping.

Developing the Chinese ShopperBy: Carolyn Petty

President

TaxFree Shopping

Page 2: Developing the Chinese Shopper By: Carolyn Petty President TaxFree Shopping.

Overview What is TaxFree Shopping? ONE STOP SHOP! VAT Tax Global Blue

Page 3: Developing the Chinese Shopper By: Carolyn Petty President TaxFree Shopping.

Goals Create a “Texas Shopping

Market” for number ONE international shopping community!

Showcase the benefit TaxFree Shopping!

Educate Tour Operators, the Chinese public as to the size and incredible Texas Retail / High End Shopping at reasonable costs!

Page 4: Developing the Chinese Shopper By: Carolyn Petty President TaxFree Shopping.

Strategies and Tactics

Study Chinese culture and identify their needs, wants and patterns Hired Chinese-speaking

representatives Translate print media into Chinese Luxury, outlet, life-style shopping

centers Develop and promote total package

of Texas activities Promote the TaxFree Shopping!

Page 5: Developing the Chinese Shopper By: Carolyn Petty President TaxFree Shopping.

PR & Marketing Promotions

Full service representation in China

trade shows

sales mission

sales calls

social media

Partnerships

Texas Tourism

Brand USA

Shop America

Tour Operators in country

USA inbound Receptives

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Print Media:TFS Luxury Travel Magazine-China Edition

Includes:

City tabs providing tourism-specific destinations and top shopping experiences in each area.

Shopping center directory

Fully-translated

Distribution:

Beijing, Hangzhou and Shanghai, China; and Taipei, Taiwan

Select airline VIP lounges,

Trade shows & sales missions

Picture of Cover

Page 7: Developing the Chinese Shopper By: Carolyn Petty President TaxFree Shopping.

Print Media:Chinese Brochures

Produced to wholly represent each region and their respective shopping opportunities in Simplified Chinese.

Page 8: Developing the Chinese Shopper By: Carolyn Petty President TaxFree Shopping.

Print Media:

Newsletter: The Re-Teller Chinese Media Kit For the Chinese market to truly

understand our product, the TFS media kit was fully translated into Chinese.

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Social Media

Weibo

Largest Chinese microblog service

505 million users

Zanbai

Highlights top shopping destinations around the world

Dallas and Houston

Page 10: Developing the Chinese Shopper By: Carolyn Petty President TaxFree Shopping.

Special Events: International Sales Missions

China

Guang Zhou

Shanghai (3)

Hong Kong

Beijing (4)

Hangzhou

Japan

Tokyo

South Korea

Seoul

Indonesia

Jakarta

Taiwan

Taipei

Trade Shows: JATA

CITM

4 trips to Asia this year: Sales MissionsTexas TourismGreater Houston CVBDFW AirportEast West Marketing

Page 11: Developing the Chinese Shopper By: Carolyn Petty President TaxFree Shopping.

Special EventsAir China Promotion Partners: Greater Houston CVB, Air China,

The Galleria, Westin Galleria Hotels, TaxFree Shopping

Passengers on CA 995 & 996 (Beijing to Houston) were eligible for special offers

Chance to win round-trip ticket (Lucky Draw)

Sino-Economic Conference Shopping Trips

2 shopping trips to NorthPark Center

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Creative By including major initiatives from the multi-market international

program and redefining them to fit the Chinese market, TaxFree Shopping has doubled its Chinese business in 2014.

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Trackable Results

12,000 – 2013 40,000 Chinese shoppers processed

year to date 2014 Average spend of Chinese Shoppers

utilizing TaxFree Shopping services: $3,500

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Page 16: Developing the Chinese Shopper By: Carolyn Petty President TaxFree Shopping.

ALGERIA0.09%

ANGOLA1.19%

ARGENTINA0.39%

AUSTRALIA1.15%

AUSTRIA0.01%

BAHAMAS0.10%

BAHRAIN0.08%

BELGIUM0.06%

BELIZE0.38%

BOLIVIA0.12%

BRAZIL3.00%

CAMBODIA0.11%

CANADA1.39%

CHILE0.02%

CHINA38.68%

COLOMBIA0.30%

CROATIA0.01%

CYPRUS0.01%

DENMARK0.24%

ECUADOR1.10%

EGYPT0.48%

EL SALVADOR0.03%

EQUATORIAL GUINEA0.32%

FINLAND0.03%

FRANCE0.56%

GERMANY0.23%

GREECE0.37%

GUATEMALA0.69%

HONDURAS0.65%

HUNGARY0.06%

INDIA0.61%

INDONESIA0.74%

IRAN0.29%

IRELAND0.07%

ISRAEL0.12%

ITALY0.43%

JAPAN1.66%

JORDAN0.04%

KAZAKHSTAN0.52%

KUWAIT1.63%

LEBANON0.06%

LIBYA0.05%

LITHUANIA0.01%

LUXEMBURG0.02% MALAYSIA

0.97%

MALTA0.01%

MARSHALL ISLANDS0.04%

MEXICO8.54%

MYANMAR0.71%

NEPAL0.10%

NETHERLANDS0.39%

NEW ZEALAND0.08%

NIGERIA11.48%

NORWAY0.98%

OMAN0.08%

PAKISTAN0.06%

PANAMA0.10%

PERU0.26%

PHILIPPINES0.15%

POLAND0.06%PORTGUAL

0.63%

QATAR1.50%

ROMANIA0.00%

RUSSIA1.88%

SAUDI ARABIA1.38%

SCOTLAND0.02%

SERBIA0.02%

SINGAPORE1.93%

SLOVENIA0.02%

SOUTH AFRICA0.18%

SOUTH KOREA1.02%

SPAIN0.24%

SURINAME0.00%

SWEDEN0.31%

SWITZERLAND0.01%

SYRIA0.06%

TAIWAN1.32%

THAILAND0.51%

TRINIDAD AND TOBAGO0.13%

TURKEY0.93%

TURKMENISTAN0.12%

UKRAINE0.18%

UNITED ARAB EMIRATES2.96%

UNITED KINGDOM1.55%

VENEZUELA0.64%

VIETNAM0.32%

YUGOSLAVIA0.01%

ZAMBIA0.03%

Other18.09%

TOTAL TAX REFUNDED MAY 2014:$191,060.06

APPROXIMATE GROSS RETAIL SALESMAY 2014: $4,631,759.03

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Top stores by revenue 1. Apple

2. Tiffany & co

3. Michael Kors

4. Neiman Marcus

5. Coach

6. Macy’s

7. Best Buy

8. Gap/Old Navy/ Banana Republic

9. Tommy Hilfiger

10.Burberry

11.Nordstrom

12.Victoria Secret

Page 18: Developing the Chinese Shopper By: Carolyn Petty President TaxFree Shopping.

Top stores by volume of receipts

1. Macys

2. Apple

3. Tommy Hilfiger

4. Best Buy

5. Victoria Secret

6. Gap/Old Navy/ Banana Republic

7. Coach / Michael Kors

Page 19: Developing the Chinese Shopper By: Carolyn Petty President TaxFree Shopping.

Fun Facts

I-Phones Victoria’s Secret 80 people, 4 hours = $110,000.00 Food Texas – Dallas Average Spend The Label ….the box! Ending with ……2013-2014 traffic tripled!

Page 20: Developing the Chinese Shopper By: Carolyn Petty President TaxFree Shopping.

BEFORE

AFTER

Page 21: Developing the Chinese Shopper By: Carolyn Petty President TaxFree Shopping.

Thank you!

Carolyn Petty

President

TaxFree Shopping

E: [email protected]

O: 214-368-9067