2021Advances in economics, business and management research/Advances in Economics, Business and Management ResearchOpen access

Analysis on the Strategy of the Development of Mongolian Medicine Brand

AN Hui-lin, Yun Li, Zhiwei Zhang, Wenhui Fan

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Abstract

With the support of national and regional policies, Mongolian medicine enterprises keep a good development momentum, but there is a certain gap with the leading Chinese ethnic minority medicine.Some products of Mongolian medicine, to some extent, have been recognized, but the overall level and universality still need to be improved.This paper analyzes the current overall development of Mongolian medicine from the perspective of a service coordinated system, the integration of regional industry and the development of the industry.In addition, this paper also analyzes problems in its current development from the perspective of brand development strategy, brand awareness, brand building, brand development and brand extension and puts forward the corresponding countermeasures and suggestions.This paper argues that the development of the Mongolian medicine brand is still in its initial stage and there is a long way to revitalize the Mongolian medicine industry.

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What this paper is about

With the support of national and regional policies, Mongolian medicine enterprises keep a good development momentum, but there is a certain gap with the leading Chinese ethnic minority medicine.Some products of Mongolian medicine, to some extent, have been recognized, but the overall level and universality still need to be improved.This paper analyzes the current overall development of Mongolian medicine from the perspective of a service coordinated system, the integration of regional industry and the development of the industry.In addition, this paper also analyzes problems in its current development from the perspective of brand development strategy, brand awareness, brand building, brand development and brand extension and puts forward the corresponding countermeasures and suggestions.This paper argues that the development of the Mongolian medicine brand is still in its initial stage and there is a long way to revitalize the Mongolian medicine industry.

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Available abstract

With the support of national and regional policies, Mongolian medicine enterprises keep a good development momentum, but there is a certain gap with the leading Chinese ethnic minority medicine.Some products of Mongolian medicine, to some extent, have been recognized, but the overall level and universality still need to be improved.This paper analyzes the current overall development of Mongolian medicine from the perspective of a service coordinated system, the integration of regional industry and the development of the industry.In addition, this paper also analyzes problems in its current development from the perspective of brand development strategy, brand awareness, brand building, brand development and brand extension and puts forward the corresponding countermeasures and suggestions.This paper argues that the development of the Mongolian medicine brand is still in its initial stage and there is a long way to revitalize the Mongolian medicine industry.

Key concepts: Computer science, Traditional medicine, Medicine

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