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China bookstore boom fueled by visual appeal, social media traffic

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On Nov. 13, 2021 visitors took pictures of Shenzhen and read books at Zhongshuge, an interior design chain.

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BEIJING — Social media plays such an important role for Chinese consumer businesses that for a crop of new bookstores, visual appeal tends to be a priority.

Elaborate interior designs — sometimes amplified by mirrors — have not only caught the attention of “Architectural Digest”But also for young Chinese looking to experience new things.

“The Chinese consumer is especially post-90s. [generation], they want convenience, they want novelty,” said Derek Deng, Shanghai-based partner at Bain & Co., who leads the firm’s consumer products practice in Greater China.

“They want the products.” [that]They can not only meet their functional needs but also address their emotional needs,” he stated.

This is what shopping malls have realized. Shopping malls no longer sign deals with large department stores in order to keep them customers’ main draws. Instead, they have turned to cafes and tea shops as well as finely designed books. electric car showrooms and other trendy shops, said Jacky Zhu, head of research for west China at JLL.

“They are able to drive foot traffic. He said that they can generate foot traffic to a specific customer. He said that bookstores can rent malls for a fraction of the cost of an apparel store or cosmetics shop.

China has many shops that sell gifts, stationery, and coffee. Popular is the nostalgia for China in past decades.

Mia Huang loves a Beijing shop with four walls. She said that the store has many historic items, such as door signs and bicycles, and a reading room for visitors.

Huang, part of the post-90s generation, said she left her job at an internet technology company in 2019 to become a full-time travel blogger — sharing commentary, photos and videos about her experiences.

The Beijing building, China. It was originally built as an Anglican church. However, it lost its religious function long ago. This photo was taken June 21 2019.

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Huang also loves the one that was converted from a Beijing church.

She said, in Mandarin: “Lots and people go there to check in,” she explained. This refers to the trend where people take photos to show that they have been to places they saw on social media.

According to her, going to bookstores is not about buying books. She also noted that many shops are now tourist attractions, or places where you can take a rest.

China’s bookstores have been so well-known that many people would be willing to spend thousands just to visit them. trek out to remote areas, according to a 2019 report by state-affiliated online publication Sixth Tone.The hipster Librairie Avant-Garde bookshop in a rural location brought in 1.5million yuan (234,375 USD) revenue in the twelve months to mid-November. According to a report by A.A. report from state-run newspaper China Daily.

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The question is not whether or not the increased interest in booksellers with attractive designs makes the bookstores more profitable.

According to the reporter’s observations, titles in stores are usually centered on art and design. However, non-book gifts can take up significant amounts of floor space.

China has strict government controls. Titles published in China must be approved by the censors. While many bookstore entrances display books about or by the Chinese President Xi Jinping and have their own chain of nationwide bookstores, they are often staffed with state-owned titles.

On June 13, 2021, locals enjoyed reading books in the Xinhua Bookstore, Handan, Hebei Province, China.

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Booksellers are still being opened by businesses.

Qichacha’s business database reports that more than 40,000 bookstore-related businesses are registered each year in this country since 2017. For this year through November, 39,000 new bookstore businesses have registered — a 6% year-on-year increase, the data showed.

The database revealed that those openings outpace the annual closings of approximately 10,000 bookstores-related businesses.

Model walks down the runway during China Fashion Week 2020/2021 at Page One Bookstore in Beijing on May 6, 2020.

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Although the internet has made it easier to do business with bookstores, the fall financial difficulties of Yanyouji, the high-profile chain of bookstores, shows that this is not the case. generated online discussion on the future of photogenic bookstores.This is a reflection of the challenges of running a business after its success on social media. It also reflects a growing trend in China’s rapidly-growing consumer market.

Bain Worldpanel and Kantar Worldpanel researchers found that of 46 Chinese brand names, only 17 are still performing well this year. According to the report, makeup brands have seen 30% decline since 2016 when they first entered the market.

Deng stated that China’s new brands have used social media and e-commerce to gain initial traffic in the past few years. Deng said that new brands can quickly tailor and test their products using digital data about consumer trends.

A peek inside TSUTAYA’s bookstore in Xi’an City. Shaanxi Province. China.

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Deng stated that it is difficult for newcomers to locate a second source of growth. This usually requires expanding into more complex worlds like physical stores or local distribution.

“Recruitment is the only way to get what’s always been missing. [consumers]”In, once they’ve bought your product for their first time, how do you ensure they stay with you?” He stated that. For insurgent brands, the rate at which repeat customers are purchased is a key factor for their success and continued growth.

For a novelty bookstore, that means getting picture-takers to come back and spend money — even when retail sales have been sluggish.

JLL’s Zhu stated that some are looking to bring in hairdressers, specialty stores, and other services to help create an environment that caters to a particular demographic. According to him, “from my point of view the bookstore is able to survive.” They can thrive based upon their ability to change strategies to adjust to changing retail markets.

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