Core Insights - The Chinese consumer market is undergoing a significant reset, driven by structural changes in consumer demographics and preferences, leading to a reshaping of brands and channels [1][12] - There is a shift from functional consumption to products that cater to emotional value and lifestyle needs, making the understanding of consumers crucial for business survival [1][5] Group 1: New Consumer Trends - The new consumer is redefining functionality; for example, the term "gaming" has become a rapidly growing search keyword in the TV market, with "gaming TVs" seeing over 80% year-on-year growth [2][4] - Companies like Hisense are targeting previously overlooked demographics, such as gamers, by aligning marketing strategies with their specific needs and preferences [2][4] Group 2: Demand Recognition - By 2025, consumers born between 1985 and 2000 will dominate the market, characterized by a shift from a supply-driven logic to a demand-driven approach, where consumers expect their needs to be recognized and met [5][6] - Haier's response to consumer feedback on product features illustrates the importance of listening to consumer demands, leading to successful product launches like the three-tub washing machine that generated 100 million in sales within 48 hours [6][8] Group 3: Specificity in Consumer Needs - Brands like Berghaus are successfully identifying and addressing specific consumer needs through detailed market research, leading to innovative product features that resonate with everyday scenarios [9][11] - The current consumer landscape emphasizes the importance of understanding individual consumer stories and experiences rather than relying on broad demographic categories [11][12] Group 4: Market Dynamics - The rapid economic development in China has led to a compressed transition in consumer lifestyles, resulting in a significant structural shift in the market, especially post-pandemic [12][13] - The focus is shifting from total market growth to structural changes, presenting opportunities for brands to redefine their value propositions based on consumer lifestyles [14][15]