Core Insights - The article discusses how the 138-year-old company Wu Yutai is transforming its image from a traditional brand to an innovative leader in consumer experiences, particularly targeting younger demographics [1] Group 1: Cultural Empowerment and Innovation - Wu Yutai is leveraging cultural IP by integrating tea culture with elements like artifacts and regional art, creating products that serve as cultural carriers [3] - Collaborations with local artists, such as comic artist Li Binsheng, have resulted in products that resonate with local culture, enhancing consumer engagement through relatable designs [3] Group 2: Product Diversification and Modernization - The company is breaking category boundaries by introducing innovative products like tea-flavored ice cream and jasmine tea craft beer, appealing to modern consumption scenarios [5] - Wu Yutai maintains a commitment to quality while innovating product varieties, ensuring that the essence of tea remains central to its offerings [5] Group 3: Experiential Marketing and Consumer Engagement - Wu Yutai is creating immersive and interactive retail spaces that connect tea with everyday life, enhancing the consumer experience [6] - The marketing strategy employs a youthful language and narrative, making the brand relatable to younger consumers and moving away from traditional marketing approaches [7] - The overall innovation strategy focuses on combining cultural elements with experiential marketing, allowing Wu Yutai to carve out a unique position in a competitive market [7]