The Marketing and Management Strategies of “Genki Forest” and Its Investment Potential
- DOI
- 10.2991/aebmr.k.220307.358How to use a DOI?
- Keywords
- Advertising; Health; Sugar-free; Management
- Abstract
The goal of this paper is to analyze the marketing and management strategies of Genki Forest, a soft drink company that specializes in health drinks, and to excavate the reasons as to why the company was able to become a unicorn with a history of only five years. This paper will also discuss the characters of the founder, Tang Binsen, as to why he successfully transferred the skills he learned from the internet & gaming company he founded earlier to a soft drink company. The key reason that Genki Forest became popular is that it has the traits of an internet company. Genki Forest utilized many strategies an internet company used in a traditional soft drink company, such as money spent on advertising, and non-paper management. It is not a coincidence that Genki Forest became a sensation; the company is a successful representation of China’s new Consumerism. Well-known investment firms, such as Huaping capital, L Catterton, Temasek, Sequoia capital, have invested significant amount of capitals in Genki Forest.
- Copyright
- © 2022 The Authors. Published by Atlantis Press International B.V.
- Open Access
- This is an open access article under the CC BY-NC license.
Cite this article
TY - CONF AU - Haohui Sun PY - 2022 DA - 2022/03/26 TI - The Marketing and Management Strategies of “Genki Forest” and Its Investment Potential BT - Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022) PB - Atlantis Press SP - 2181 EP - 2185 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.220307.358 DO - 10.2991/aebmr.k.220307.358 ID - Sun2022 ER -