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Success Case Study: Heytea - How a differentiated product became a hot new trend

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Copy Option: No
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Deliverable Format : PDF viewable on the website via username

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Details

Success Case Study: Heytea-How a differentiated product became a hot new trend

Summary

With globalization, the eating and drinking habits of young Chinese people are evolving and they seek unique and differentiated products. Heytea has designed a differentiated product that became a social media sensation in China. The company uses a unique formulation and innovative marketing strategies to reinvigorate the millennia-old tea tradition among young Chinese consumers.

Though China is a tea-drinking nation, Millennials with growing middle incomes are replacing tea with coffee. Heytea effectively rejuvenated the tea tradition among young Chinese consumers by adding a new ingredient (cheese) and offering it in a to-go format. The company leveraged the popularity of social media apps in China and focused on cross-industry promotions to gain visibility and connect with its target consumer segment.

Scope

- Young Chinese people perceive tea to be an old-fashioned drink and are switching to coffee.

- Heytea used fresh cheese and convenient packaging to position its cheese tea as a "cool" drink among young Chinese consumers.

- The company used innovative marketing strategies to raise brand awareness and connect with its target consumer segment.

- Heytea emphasizes clean-labeling claims to add a touch of premiumization to its product.

Reasons to buy

- Reduce the risk of failure by learning from brands/products that have under-performed: failed innovation can severely impact profit and reputation.

- Understand the relevant consumer trends and attitudes that drive and support innovation success so you can tap into what is really impacting the industry.

- Gain a broader appreciation of the fast-moving consumer goods industry by gaining insights from both within and outside of your sector.

- Access valuable strategic take-outs to help direct future decision-making and inform new product development.

READ MORE

Table Of Content

Scope

Table of Contents

1. Introduction

2. What?

3. Why?

4. Take-Outs

5. Appendix

Licence Rights

Single User License:
Report can be used by individual purchaser only

Site License:
Report can be shared by unlimited users within one corporate location, e.g. a regional office

Corporate User License: 
Report can be shared globally by unlimited users within the purchasing corporation e.g. all employees of a single company

Section Purchase

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Products and Companies

Products

Heytea, cheese tea, bubble tea, cool drink, Chinese Millennial


Companies

Heytea

Starbucks

WeChat

Pizza Hut

Zhouheiya

L'Oreal

Wedome

Company Profile

Company Profile Title

Success Case Study: Heytea-How a differentiated product became a hot new trend

Summary

With globalization, the eating and drinking habits of young Chinese people are evolving and they seek unique and differentiated products. Heytea has designed a differentiated product that became a social media sensation in China. The company uses a unique formulation and innovative marketing strategies to reinvigorate the millennia-old tea tradition among young Chinese consumers.

Though China is a tea-drinking nation, Millennials with growing middle incomes are replacing tea with coffee. Heytea effectively rejuvenated the tea tradition among young Chinese consumers by adding a new ingredient (cheese) and offering it in a to-go format. The company leveraged the popularity of social media apps in China and focused on cross-industry promotions to gain visibility and connect with its target consumer segment.

Scope

- Young Chinese people perceive tea to be an old-fashioned drink and are switching to coffee.

- Heytea used fresh cheese and convenient packaging to position its cheese tea as a "cool" drink among young Chinese consumers.

- The company used innovative marketing strategies to raise brand awareness and connect with its target consumer segment.

- Heytea emphasizes clean-labeling claims to add a touch of premiumization to its product.

Reasons to buy

- Reduce the risk of failure by learning from brands/products that have under-performed: failed innovation can severely impact profit and reputation.

- Understand the relevant consumer trends and attitudes that drive and support innovation success so you can tap into what is really impacting the industry.

- Gain a broader appreciation of the fast-moving consumer goods industry by gaining insights from both within and outside of your sector.

- Access valuable strategic take-outs to help direct future decision-making and inform new product development.

READ MORE

Scope

Table of Contents

1. Introduction

2. What?

3. Why?

4. Take-Outs

5. Appendix

Single User License:
Report can be used by individual purchaser only

Site License:
Report can be shared by unlimited users within one corporate location, e.g. a regional office

Corporate User License: 
Report can be shared globally by unlimited users within the purchasing corporation e.g. all employees of a single company

To know more information on Purchase by Section, please send a mail to support@kenresearch.com

INQUIRE FOR COVID-19 IMPACT ANALYSIS

Products

Heytea, cheese tea, bubble tea, cool drink, Chinese Millennial


Companies

Heytea

Starbucks

WeChat

Pizza Hut

Zhouheiya

L'Oreal

Wedome