Quartz: How To Get Ahead As A Businesswoman - Order A Whiskey On The Rocks
By Charlotte Vangsgaard
From Shanghai to São Paulo, Moscow to Lagos, the changing role of women in the emerging markets is causing major shifts in alcohol consumption.
According to Harvard Business Review, income growth of women in developing countries reached 8.1% last year. The Grant Thornton International Business Report confirmed that 46% of Russian senior managers are now women and Boston Consulting Group recently reported that women now officially download more content—music and films—than men. With this tech savvy and sophisticated female demographic, companies can no longer depend on cliché marketing adages for women like “shrink and pink it.” This insight is particularly salient in the new ways that professional women around the globe are using alcohol to socialize, network, and assert their independence.
“Professionals in our study described specific cocktail strategies to signify strength, confidence, and toughness to male colleagues.”
How do we know? We recently ran a cross-cultural, ethnographic study of female empowerment with one of the world’s leading global alcohol and beverage brands. It specifically focused on how women go out, and ultimately how they consume cocktails and drinks. In addition to extensive research and interviews with female entrepreneurs, health, beauty and cultural experts, we also spent a significant amount of time studying a select group of women in emerging market cities across the world: Lagos, Moscow, Bangkok, Shanghai, Seoul, and São Paulo, just to name a few.
Read the full article on Quartz here.
[Banner image by Adam Jaime via Unsplash]