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在线翻译:
szdaily -> Business -> 
Moutai’s liquor-filled chocolates well received
    2023-09-19  08:53    Shenzhen Daily

ALCOHOL-INFUSED chocolate balls are the latest item to take over China’s social media as consumers clamor for the surprise tie-up between China’s luxury liquor maker Kweichow Moutai Co. and Mars Inc.’s Dove brand.

The chocolates, which sell for 35 yuan (US$4.80) for two 10-gram pieces, sold out immediately when they were launched Saturday and presales every day since are also sold outs.

Despite some social media users complaining about the high price, the chocolates are also proving popular on re-sale platforms, where 12 chocolates are selling for 500 yuan, according to domestic media reports.

The partnership follows this month’s popular launch of an alcohol-infused latte, sold at Luckin Coffee Inc. stores across China, as Kweichow Moutai tries to boost its appeal to a younger demographic.

The firm gets more than 80% of its revenue from Moutai, which is a potent, colorless spirit that is usually served at State banquets and popular among middle-aged consumers.

The company, based in China’s southwestern Guizhou Province, began its run of collaborations last year with domestic dairy Mengniu. The resulting series of alcohol-infused icecreams also caused a stir among Chinese consumers.

In part, the attraction for younger Chinese of these quirky product tie-ups lies in the novelty of buying into the Moutai brand for a small fraction of the cost of buying a bottle of its liquor, which has an average market price of 1,499 yuan for 500 milliliters.

“As a traditional Chinese brand, Moutai needs to be forever young and embrace the young generation to enhance vitality,” chairman Ding Xiongjun said.

But market watchers are split on whether the recent tie-ups can translate to better sales over the longer term.

Bloomberg Intelligence has said it affirms the view that the distiller may continue with its accelerated efforts to rejuvenate the brand.

Others have warned that the popularity of the low-cost items may tarnish its luxury image.

“Marketing campaigns that link a premium brand like Moutai to too many mass-market consumption may not be helpful,” said Zhao Huanyan, a Shanghai-based economist at Huamei Consulting.

“There may not be any long-lasting impact on those newly-targeted consumers who don’t drink Moutai, and meanwhile the campaigns may confuse its existing drinkers.”  (SD-Agencies)

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