This is a great example of why you need to market your domains around the world.
While living in Japan, I constantly noticed an ad for a “Cécile” clothing line. I thought it was a French brand, but it turned out to be a Japanese company. That’s the first time I came across the concept of foreign branding. This concept works in China too, and it has implications for domain investors.
Recently, TechCrunch reported the rise of a $6 billion beverage giant within 6 years. The startup has a Japanese-sounding name, Genki Forest, but it is actually a Chinese company. Note that “Genki” (元気) is not Pinyin but Romaji for Japanese characters.
The Beijing-based startup has been projecting the image of a Japanese brand, including the use of Japanese characters and a Japanese company name. This is because Chinese consumers see Japanese products as having “good quality and good performance,” according to Dentsu research.
The startup uses the brand Yuan Qi Sen Lin (元气森林) for its domestic market, operating from its brand-matching YuanQiSenLin.com. Whois shows it also owns YuanQiSenLin.cn but it does not resolve, following the common practice of Chinese companies focusing only on .com. The domain is quite long, so they may upgrade to YQSL .com (for sale) and may even secure YQSL .cn (does not resolve).
Genki Forest is its global brand but it resides on DrinkGenki.com. This puzzles me as they reportedly acquired the brand-matching GenkiForest.com (plus GenkiGorest.com.cn and GenkiGorest.cn) in 2018 for high 5-figure yuan (about $10,000 to $14,000).
The startup may rebrand to the shorter brands Yuan Qi and Genki in the future. The domain DrinkGenki.com gives us a hint. If it happened, the Japanese domain Genki .com (currently parked) might end up in China.
This is an important point. An end user may acquire a Japanese domain in China or other parts of the world. By the same token, someone outside China may buy a Pinyin domain for foreign branding purposes. Since we don’t know which country our domains may eventually be sold to, the best strategy is to list your domains at marketplaces with global retail outlets.
Post link: What a Chinese startup with a Japanese-like brand/domain teaches us
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Original article: What a Chinese startup with a Japanese-like brand/domain teaches us
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