He explains: "As the West slows, the fortunes of five billion people from Brazil, Russia, India, Indonesia, China and Africa are rising rapidly. They’re a decade younger than Westerners. Most of them have mobile phones. Those mobile phones are rapidly becoming smartphones. People are using them to access the internet, share their experiences, make decisions at point of purchase and directly transact."
"Whilst they are successful, these big global brands all share something in common. Nearly all were invented by Westerners for Westerners during the boom in brand creation from the 1950s to the 1980s. They were designed for people today earning typically $40,000 a year. But they are now being sold to customers on $3,000 a year. It’s quite a leap. The consumer they were designed for looks nothing like the global consumer of today."
Read and watch, and download the report:
http://www.canneslions.com/lions/videos.cfm?media_id=1378#start
http://wunderman.com/ideas/how-to-dominate-the-world
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