The power of reputation and competition in the market

Date posted: 19/08/2024, 10:00

Amidst the increasingly fierce market competition, Chicilon Media, as a leading domestic media company, consistently upholds the principle of honesty in business operations and strictly adheres to market rules.

With high-quality services and a stable business track record, Chicilon Media has earned the trust and respect of both clients and the market.

Chicilon Media's advertising screens in the elevator lobby

Chicilon Media's advertising screens in the elevator lobby

Since May 1st of last year, the number of effective advertising devices owned by Chicilon Media has increased from 22,000 screens to over 40,000 screens, reflecting an 82% growth in resource availability. Market share has also seen a strong increase from 55% previously to over 93% currently. This growth not only reflects Chicilon Media’s robust market management and operational capabilities but also underscores the company’s leading position in the Vietnamese advertising market. These figures demonstrate Chicilon Media’s outstanding achievements and solid standing.

However, Chicilon Media understands that success is not solely based on quantity and achievements but also on credibility and honesty in business. The market requires credibility, and customers need trust. Chicilon Media has always prioritized principles and regulations in dealings and collaborations with partners, maintaining its reputation in the market and the trust of customers. The philosophy of honesty and credibility in business not only helps the company gain the trust of a broad customer base but also sets standards for the industry.

As a foreign business operating in Vietnam, Chicilon Media hopes that all businesses can thrive in this market. The market is not the domain of any single entity but a shared space. Only through collective effort can the industry achieve progress.

Competition drives development and progress within companies. However, market competition should be healthy and serve as motivation for mutual advancement. Conversely, unfair competition not only violates business principles but also fails to achieve sustainable success.

In Vietnam, through high-quality services and business credibility, Chicilon Media has established new standards for the industry while earning customer trust and market respect. In the future, Chicilon Media will continue to adhere to principles of honesty and credibility, working alongside other businesses to create joint efforts that contribute to the prosperity and development of the Vietnamese economy in general and the advancement of the elevator digital media market in Vietnam specifically.

Chicilon Media remains steadfast in the belief that only by maintaining a spirit of honesty and strict adherence to rules can sustainable development be achieved.