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So-Young: Innovating the Business Model in China

Xiangyang Ma; Xinyu Shao; Tieshan Li; Xiuhong Wang

商品編號:9B20M112
出版日期:2020/09/06
再版日期:
商品來源:
商品主題:Entrepreneurship; General Management/Strategy
商品類型:Case (Field)
涵蓋議題:Medical Beauty Industry;So-Young;Business Model
難易度:4 - Undergraduate/MBA
內容長度:12 頁
地域:
產業:Health Care Services
事件年度:2019

On May 2, 2019, So-Young International Inc. (So-Young) became the first Chinese Internet-based company in the cosmetic surgery sector to be listed on the Nasdaq Stock Market. With effective use of the Internet and mobile devices, So-Young provided a one-stop resource that allowed consumers to access information about cosmetic treatments, search for and purchase cosmetic surgery services, and benefit from peer and professional support during recovery. With its service, So-Young had positively transformed a fast-growing Chinese cosmetic surgery market that was lacking transparency and trustworthy information.

The company had used a process of enterprise business model innovation to build its brand image, expand its audience, and engage the cosmetic surgery industry value chain. While the process had been successful, So-Young faced competitive and internal challenges that it needed to overcome to maintain its leadership position and grow future prospects.

教學手冊:So-Young: Innovating the Business Model in China - Teaching Note
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