In 2010 Watt's shifted track and decided to promote dairy
products sold under the brand names Calo and Loncoleche, including
cream, Gouda cheese and baby formula.
A Chilean dairy company finds success in China.
SHANGHAI--
It's never been a problem for Chile to sell copper to China. The
Chinese came knocking, hungry for the metal to wire new cities and
factories as the Chinese economy hit full steam. Copper accounts for
roughly 85 percent of Chile's export sales to the Asian giant.
Knocking on China's door is another story... and one Juan José Vidal knows well.
As the Asia business manager for Watt's S.A., one of Chile's leading
food companies, it's his job to bring an array of jams, juices, cheese
and baby formula to the Middle Kingdom and beyond. The company's
products hit Chinese grocery stores three years ago.
It's a mission that puts the company in a kind of pioneering role.
Neither a towering multinational, nor a small entrepreneurial
enterprise, Watt's hopes to find just the right fit in China--
capitalizing on a market that's increasingly open to foreign foods and
increasingly able to buy them. Chinese consumers also seem willing to
pay a little extra for foreign labels given concerns over the safety and
quality of domestic food. But their tastes and buying patterns can be
difficult to unlock.
"China is a world unto itself," said Vidal. "What works for example
in Mexico or the United States, you might find here it doesn't work. I
think as foreigners and as westerners, we have a hard time understanding
that in China things take time, and perseverance."
Source: Ruth Morris
Latin Business Chronicle (http://latinbusinesschronicle.com)
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