Hong Kong Gold Research - Consumer Lifestyle Analysis

The World Gold Council
"96 Gold Symposium"

- The key to successful gold marketing and management

"Total gold consumption in 21 key World Gold Council markets around the world
reached 2,725 tonnes in 1995. Of this 1,162 tonnes or 43% was represented by the
Far East region."


"In order to establish a prosperous gold business in the increasingly competitive
Aisa Chuk Kam jewelry market, access to the key to successful gold marketing and
management is very important."


"Gold manufacturers must have in-depth understanding of the needs of consumers,
to design products that suit their tastes, to build a powerful product image and to
establish appropriate distribution outlets complemented by aggressive promotions
strategies, including new product development, manufacturing, packaging,
marketing and customer service. The main ojective for the Council to organize
this conference is to help traders to build their gold business and to increase
their gold sales."


"The research is based on the thesis that although consumers are infinitely different
-they have a myriad of opinions, lifestyles, attitudes, habits and preferences -it is
still possible to identify different categories of consumers. Through market research
and thanks to the advances in sophisticated computer technology, it is possible to
analyse and identify these different groups of people. We can understand the way
they think, their attitudes to life, their buying perferences, and in particular, the
most motivating way to encourage them to buy gold and gold jewelry."



Copyright 1995-1996 SoloWing concept
The following contents are provided by World Gold Council.