Focus on Staff And Business Partners Is Number One Concern For Coronavirus, Says A2 Milk CEO

The video discusses the spread of risk beyond China and the contingency measures businesses are considering. It highlights the importance of staff safety and market focus, particularly in China, Australia, and the US. The company is prepared for potential escalation and plans to maintain its marketing strategy. The evolving e-commerce regulations in China and the impact of the coronavirus are also addressed, with a focus on adapting to distribution changes and increased activity in certain channels.

What is the primary focus of the business in response to the risk spreading outside China?

• Reducing sales in China

• Expanding into new markets

• Ensuring the safety of staff and business partners

• Increasing production in the US

How does the company plan to handle its marketing spend in the face of potential risks?

• Focus solely on digital marketing

• Increase marketing spend in the first half

• Completely halt marketing activities

• Maintain a strong marketing commitment with potential for increased spend

What was a major concern for the company regarding China's market regulations?

• Currency fluctuations

• Changes in e-commerce regulations

• New labor laws

• Increased tariffs on imports

How has the company's China label sales performed recently?

• Sales have remained stable

• Sales have decreased

• Sales have doubled

• Sales have tripled

What impact has the coronavirus had on the company's distribution channels?

• Complete shutdown of distribution channels

• Increased activity in resellers and Daigo channels

• Decreased activity in all channels

• No impact on distribution