Contents
1. Problem statement ................................................................................................................ 1
1.1 Introduction............................................................................................................................... 1
1.2 Problem ..................................................................................................................................... 1
1.3 Methods .................................................................................................................................... 1
1.4 Delimitation .............................................................................................................................. 2
2. Overview of the Chinese market ......................................................................................... 3
3. PEST-analysis ...................................................................................................................... 4
4. Porters Five Forces ............................................................................................................... 6
5. Consumer Behaviour ............................................................................................................ 8
5.1 Market segmentation ................................................................................................................ 8
6. SWOT-analysis ................................................................................................................... 12
7. Hummel’s overall business direction ................................................................................ 13
8. Calculation of probability .................................................................................................. 14
9. The Marketing Mix ............................................................................................................ 16
10. The
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