by Crazy AP via FlickrGolden China Brands is reporting from the Cannes Advertising Festival delivering a few messages regarding the China market that might come as a surprise for some global agencies. Main take-away: China is setting trends in global marketing, rather than a follower of trends. (US/Europe in brackets).
- Chinese companies only stay on average 2,5 years with an agency (5 years)
- Most Chinese companies leave because the lack of creativity of an agency (bad service)
- Work is mostly project-based (fee-based)
- China is leading in mobile advertising
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