Core Viewpoint - The article discusses the revival of old domestic brands in China through new e-commerce platforms like Pinduoduo, highlighting the challenges these brands face and the opportunities presented by changing consumer preferences and digital transformation [1][2][4]. Group 1: Challenges Faced by Old Brands - Many once-popular old brands have faded from public view due to insufficient product innovation, outdated marketing models, and failure to adapt to changing consumer demands [4][6][7]. - The decline of these brands is often linked to their inability to keep pace with market changes, leading to a disconnect between their products and consumer needs [6][7]. - The traditional distribution model relying on layers of distributors has hindered these brands' ability to reach consumers directly, resulting in inefficiencies and delayed market feedback [7]. Group 2: Opportunities for Revival - New e-commerce platforms like Pinduoduo provide a fresh opportunity for old brands to revitalize their market presence by offering new sales channels and allowing for direct consumer engagement [2][8][9]. - Pinduoduo's "100 billion support" plan is a significant initiative aimed at helping these brands by providing financial resources and traffic support, facilitating their transformation and innovation [3][15]. - The rise of consumer interest in domestic brands, driven by a desire for quality and cultural heritage, presents a favorable market environment for the revival of old brands [18][16]. Group 3: Strategies for Success - Old brands are successfully leveraging e-commerce to test new products and gather consumer feedback quickly, allowing for agile responses to market demands [11][13]. - By focusing on niche markets and avoiding direct competition with industry giants, some old brands have found new growth avenues [9][11]. - The combination of innovative marketing strategies and product upgrades has enabled brands like Jincuan to regain their status as leading players in their respective categories [16][18].
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