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China Social Media Marketing | Global Women Asia Fellow '23-24 | Founder, wai social

Mooncake blues? I spoke to CNA’s Bong Xin Ying about the noticeable decline in sales 👇🏼 Mooncakes, a traditional Mid-Autumn Festival delicacy, hold deep cultural and symbolic meanings, representing reunion, harmony, and blessings. However, recent changes in the market have led to a decline in consumer enthusiasm: 🥮Market Saturation: The expanding mooncake market has led to an influx of similar products, making it harder for consumers to differentiate and choose. 🥮Changing Consumer Preferences: As living standards improve, mooncakes are no longer scarce. The younger generation (i.e. millennials in higher tier cities) now see them as too sweet or high in calories, clashing with modern healthy diets. 🥮Evolving Gift-Giving Culture: While gift-giving remains a key tradition, consumers now prioritize personalization and practicality. Traditional mooncake boxes often fail to meet these new expectations. Additionally, while mooncakes still symbolize reunion and blessings, modern consumers often view them as ordinary festival treats rather than gifts with special significance. Read more in the full piece here 👇🏼

The moon’s dimming light: China sees lacklustre mooncake sales as consumers refuse to bite

The moon’s dimming light: China sees lacklustre mooncake sales as consumers refuse to bite

channelnewsasia.com

Moon cakes will fall out of fashion because they are too sweet.

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