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Optimization of HEYTEA'S Crossover Marketing Strategy

In: Proceedings of the 8th International Conference on Financial Innovation and Economic Development (ICFIED 2023)

Author

Listed:
  • Qian Li

    (Geely University of China, Sichuan Province)

  • Yalan Song

    (Geely University of China, Sichuan Province)

Abstract

Amid the market competition, crossover marketing stood out above the traditional single-brand marketing mode and gradually became one of the mainstream marketing means for new-style tea brands. Nowadays, crossover marketing has become so mature that ‘‘everything is open to crossover’’. This paper analyzes the crossover marketing of HEYTEA, a leading new-style tea brand based in China, from the perspectives of the industrial environment, marketing goals, market environment, and the current situation. This paper summarizes the problems with HEYTEA’s crossover marketing promotion and proposes suggestions for the optimization of its marketing strategy, with practical implications for the crossover marketing of new-style tea brands.

Suggested Citation

  • Qian Li & Yalan Song, 2023. "Optimization of HEYTEA'S Crossover Marketing Strategy," Advances in Economics, Business and Management Research, in: Yushi Jiang & Guangming Li & Wilson Xinbao Li (ed.), Proceedings of the 8th International Conference on Financial Innovation and Economic Development (ICFIED 2023), pages 426-430, Springer.
  • Handle: RePEc:spr:advbcp:978-94-6463-142-5_48
    DOI: 10.2991/978-94-6463-142-5_48
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