Zong Fuli took over as the executive director of Wahaha e commerce, can Wahaha break the e commerce

Mondo Technology Updated on 2024-02-26

Wahaha Group is the largest beverage manufacturer in China and a well-known private enterprise in China. Its founder and chairman, Zong Qinghou, is known as a leading figure in China's beverage industry. However, with the diversification of consumer demand and the rise of e-commerce platforms, Wahaha Group is facing unprecedented challenges and pressures. In this context, Zong Qinghou's daughter Zong Fuli was appointed as the executive director of Wahaha Group's e-commerce, which has aroused widespread attention in the industry and the public. Can Zong Fuli lead Wahaha Group to achieve breakthroughs and innovations in the field of e-commerce?

How will she inherit and carry forward her father's entrepreneurial spirit and management philosophy? This article will analyze and interpret it for you from the following aspects.

Zong Fuli, born in 1982, is the eldest daughter of Zong Qinghou. She graduated from Columbia University with a double major in Economics and Art History. She has worked at Goldman Sachs Group and Ping An Group of China, where she has accumulated expertise and experience in finance and insurance. In 2014, she officially joined Wahaha Group as Group Vice President, responsible for the group's strategic planning, brand building, marketing and e-commerce business.

She is also the second largest shareholder of Wahaha Group, holding 15% of the group's shares.

Zong Fuli's position change within the Wahaha Group also reflects the enhancement of her status and influence in the group. In 2016, she was appointed as the Secretary of the Board of Directors of Wahaha Group and became a core member of the Board of Directors of the Group. In 2018, she was appointed as the vice chairman of Wahaha Group, and co-chaired the group's major decisions with her father Zong Qinghou. In 2020, she was appointed Executive Director of Wahaha Group's e-commerce, responsible for the group's e-commerce strategy and operations.

Zong Fuli's appointment as Executive Director of Wahaha Group E-commerce is based on her deep understanding of the e-commerce industry and her outstanding achievements in related fields, as well as Wahaha Group's strategic needs in the new retail environment.

Zong Fuli has a keen insight and forward-looking vision for the e-commerce industry. She believes that e-commerce is not only a sales channel, but also a new way to connect consumers and brands. She once said in an interview: "E-commerce is not simply to move offline products online, but to provide more personalized, differentiated and high-quality products and services according to the needs and preferences of consumers."

She also pointed out that e-commerce platforms should not only provide transactions of goods, but also provide stories of goods, so that consumers can feel the culture and value of the brand.

Zong Fuli also has rich practices and achievements in the field of e-commerce. Under her leadership, Wahaha Group has launched a number of new products on e-commerce platforms, such as Wahaha Pure Water, Wahaha Nutrition Express, Wahaha AD Calcium Milk, etc., to meet the diversified needs of consumers. Through cooperation with major e-commerce platforms, she has also created Wahaha's exclusive stores, brand festivals, live streaming and other activities, which have enhanced Wahaha's brand influence and market share.

According to statistics, in 2021, Wahaha Group's e-commerce sales reached 20 billion yuan, a year-on-year increase of 40%.

In the new retail environment, Wahaha Group is also facing the necessity and urgency of strategic adjustment. With the popularization of the Internet and the upgrading of consumers, e-commerce platforms have become an important competition place in the beverage industry. Wahaha Group's traditional advantages, such as scale, channels, and brands, are no longer sufficient to cope with emerging brands and new consumers on e-commerce platforms. Wahaha Group needs to accelerate its layout and innovation in the e-commerce field to adapt to market changes and challenges.

Zong Fuli's appointment is an important move of Wahaha Group in this regard.

After Zong Fuli takes over as the executive director of Wahaha Group's e-commerce, how will she formulate and implement Wahaha Group's e-commerce strategy and plan? It is understood that she will start from the following aspects:

Product innovation. Zong Fuli will continue to promote Wahaha Group's product innovation on e-commerce platforms and develop more new products that meet the needs and preferences of consumers, such as functional beverages, health beverages, plant-based beverages, etc., to enhance Wahaha's product strength and differentiated competitiveness.

Branding. Zong Fuli will strengthen Wahaha Group's brand building on the e-commerce platform, disseminate Wahaha's brand concept and culture through various marketing activities and content creation, and enhance Wahaha's brand awareness and reputation.

Channel expansion. Zong Fuli will expand Wahaha Group's channel cooperation on e-commerce platforms, establish closer and deeper strategic partnerships with major e-commerce platforms, and use the traffic, data and technology of e-commerce platforms to improve Wahaha's sales efficiency and user experience.

Service optimization.

Zong Fuli will optimize the service quality of Wahaha Group on the e-commerce platform, and improve Wahaha's customer satisfaction and loyalty by providing faster, more convenient and safe logistics and distribution, as well as more timely, professional and considerate after-sales service.

In short, Zong Fuli's appointment as executive director of Wahaha Group's e-commerce is an important strategic layout and talent arrangement of Wahaha Group in the field of e-commerce, as well as a major initiative and influence of Wahaha Group in terms of brand, market, management and society.

We look forward to Zong Fuli being able to give full play to her talents and advantages in her new position, lead Wahaha Group to achieve new breakthroughs and innovations in the field of e-commerce, and make greater contributions to the development and growth of Wahaha Group."

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