1. Establish a modern enterprise system that adapts to the market economy. The fundamental reason for the survival crisis of many time-honored brands in China is that they have not established a modern enterprise system, and the time-honored enterprises that are close to the modern enterprise system have often achieved rapid development. Modern enterprise system refers to a modern company system with clear property rights, clear rights and responsibilities, separation of government from enterprise and scientific management. It mainly consists of three parts: first, the legal person property system. Second, the limited liability system. Third, scientific organization and management system. The modern enterprise system makes the separation of ownership and management right based on the company law and articles of association, and the rights, responsibilities and interests of all actors in the company are clearly stipulated by the law and articles of association, making the property rights clear. The boundary of property rights between the state and enterprises is clear, which can truly realize the separation of government and enterprise and the separation of two rights. Limited liability system is an outstanding achievement of human system civilization, which is beneficial to both investors and operators. For investors, it reduces investment risks and increases profit opportunities. For operators, they can let go of their hands and feet, operate independently and be responsible for their own profits and losses. For the sustainable development of time-honored brands, we must gradually establish a modern enterprise system, combine excellent traditions with modern enterprise mechanisms and management methods, and turn time-honored brands into time-honored brand enterprises based on advanced modern enterprise systems to adapt to market competition. For example, in 1996, Hu Qingyutang suffered a loss of more than 7 million yuan and a debt of nearly 1 billion yuan for various reasons. In October of that year, after Hu Qingyutang joined the Youth Bao Group to change the enterprise system, the annual increase rate of Hu Qingyutang's profits exceeded 111% in the following three years. Xinhua Bookstore, established in 1938, was restructured in 2114 to save Xinhua Bookstore with private and foreign capital, which is also one of the classic cases. Xinhua Bookstore Head Office and seven state-owned publishing units such as People's Publishing House, two domestic limited liability companies such as Beijing Boheng Investment Co., Ltd. and British Pecodo Investment Co., Ltd. will jointly set up Xinhua Publications Distribution Co., Ltd., with a total investment and registered capital of 311 million yuan, with Chinese investment accounting for 73% of the total. The company's business scope is the wholesale and retail business of domestic editions of books, newspapers, periodicals and electronic publications (excluding Hong Kong, Macao and Taiwan editions), with a business period of 31 years. The restructuring of Xinhua Bookstore has successfully achieved new development. Therefore, the key to the long-term sustainable development of China's time-honored brands, like other enterprises, is to establish a modern enterprise system. Judging from the current successful experience, it is mainly to implement the shareholding system in property rights or introduce new investors, and introduce senior management talents or managers in management and operation. Second, innovate the marketing model. Time-honored brands can't follow the old rules in marketing, but they must innovate to develop rapidly. "The fragrance of wine is also afraid of the depth of the alley." Old brands should be good at using various methods, increase marketing efforts and expand the influence of brands. For example, Wufangzhai, an old brand famous for Zongzi, actively made a fuss about Zongzi culture, expanded its brand influence by hosting activities such as Zongzi Festival, and expanded the market of its products by establishing chain stores and entering supermarkets. In 2115, the sales revenue of Zongzi alone reached 51 million yuan. There is also a successful case, such as the strong alliance between Shaoxing Tapai yellow rice wine and Japanese sake enterprises and the rapid development of the market. Shaoxing Tapai yellow rice wine has occupied 41% of the Japanese yellow rice wine market, ranking first in the export volume of yellow rice wine every year. Its marketing secret lies in adopting a flexible model, cooperating with Japan's largest sake enterprise and using its complete marketing channels to successfully and quickly enter the Japanese market. In recent years, in order to actively explore the domestic market, Tapai yellow rice wine has formed a partnership with Quanjude, and adopted the way of brand alliance, so that consumers can drink authentic Tapai Shaoxing wine in Quanjude store, which has achieved good results. At the same time, in the modern society with advanced information, the characteristics of "attention economy" in today's market are very obvious, which has created conditions for time-honored enterprises to innovate marketing methods to rapidly expand their brands and improve sales. For example, in 2115, Mengniu cooperated with Hunan Satellite TV to stage scenes of entertainment programs for super girls all over the country, and the advertisements of Mengniu and Super Girl began to sweep across the country. The total investment of Mengniu in Hunan Satellite TV this time reached more than 31 million yuan, but the marketing of Mongolian milk products reached an unprecedented high in that year, and Mengniu's super girl voice achieved brilliant success. In 2114, the sales of Mengniu sour milk was 811 million yuan. Through integrated marketing with Super Girl, Mengniu's sour milk. The combination of Mengniu yogurt and super girls is a typical successful case of innovation in marketing mode and communication mode. Mengniu Group has achieved a brand-building strategy of rapidly expanding its brand and increasing sales. Mengniu, as a new enterprise, can develop through the innovation of marketing mode, and the old-fashioned enterprises can also learn from Mengniu's experience, and can consider changing the marketing mode with products as the core to the marketing mode with communication as the core, so as to realize the strategy of rapidly expanding the old-fashioned brands. Third, carry out technological and product innovation. Since China's accession to the WTO, market competition has intensified, the international market has been localized and the domestic market has been internationalized, and it has already changed from a seller's market to a buyer's market, which has made the survival and development of time-honored enterprises face greater risks and pressures. The wide application of science and technology in production makes products tend to be high-tech. The market is constantly changing, and the concept of consumers is also changing. Time-honored brands can win more consumers and gain advantages in the competition only by constantly innovating technology, improving product quality and constantly introducing new products. For example, Tongrentang has achieved good economic benefits by applying high technology to the manufacture of traditional Chinese medicine. While committed to the modernization of traditional Chinese medicine, Tongrentang has introduced advanced foreign liposome technology to improve the existing traditional Chinese medicine products and gradually realize the modernization and internationalization of traditional Chinese medicine. It has produced 21 dosage forms and more than 211 varieties of Chinese patent medicines, and has rich reserves of developed new products and new products under development. In recent years, according to the market demand and changes, Tongrentang has further improved the scientific and technological content of its products, paid attention to secondary scientific research, and introduced new products such as sugar-free Ganmao Qingre granules, Liuwei Dihuang concentrated pills, anti-flu effervescent tablets, various film-coated tablets, tablets, soft capsules and other new processes and technologies. With advanced production lines for tablets, soft capsules, concentrated pills, honey pills, granules and granules to meet the different needs of patients, Tongrentang's technological innovation has not only promoted its rapid development, but also promoted the whole Chinese medicine industry in China. Technological innovation can win the market, so can product innovation. Wang Baohe, a time-honored brand, is a classic case of winning the market through product innovation. First, it is the innovation of wine. Mainly reflected in the variety, packaging and function. In 1994, Wang Baohe Winery introduced six varieties of Wang Baohe old wine, including three-year-old Shaoxing wine, five-year-old carved wine and special rice, which injected vitality into the yellow rice wine market in Shanghai and was rated as "the most popular commodity in Shanghai". In 1999, Wang Baohe old wine with three colors in new packaging was introduced: red festive wine, yellow crab banquet wine and black tribute wine. In August, 2114, in order to comply with the trend of "paying attention to nutrition in diet", the winery used Shaoxing aged wine for five or ten years as the base wine, supplemented by natural raw materials such as ebony and medlar, and produced "Wang Baohe" Shanghai aged wine with health care function, which was favored by consumers and was in short supply. Secondly, it is the innovation of crab feast. Mainly the innovation of crab dishes. On the basis of the fact that Qingshui river crabs can be picked, bought, roasted and eaten, Wang Baohe Restaurant created a chrysanthemum crab feast in October, 1979, so that customers can taste the crab dishes. Since then, the crab banquets of Wang Baohe Restaurant and Wang Baohe Hotel have strived to win with "newness" in the market competition, and the crab dishes have been renovated year after year. Over the years, hundreds of new varieties have been introduced, including "chicken-coated crab roll", "crab powder vegetable gall", "crab powder fish box" and "chrysanthemum to crab". These product innovations have won the favor of consumers, adapted to the market demand and occupied a favorable position in the competition. Fourth, service innovation is the extension of products. In industries where product quality, performance and price converge, especially for time-honored enterprises, we should pay more attention to the function of "service" to extend the added value of products, and establish a loyal consumer group and a good corporate image through service innovation. Service innovation is an important part of enterprise market innovation. The so-called service innovation is all new measures that can increase the added value of products to facilitate consumers, such as the increase of service items, the improvement of service attitude, the improvement of service facilities and the innovation of service methods. With the improvement of consumption level, the demand for consumption will be increasingly diversified and upscale. This requires that enterprises should constantly innovate their services to consumers and provide more and better additional benefits to consumers, so as to create business characteristics and create consumer demand. Enterprises must adapt to this requirement and provide quality services to consumers, which can not only enhance their market competitiveness, but also win higher service benefits. For example, Wang Baohe, which was established in Shaoxing in the 9th year of Qianlong in the Qing Dynasty (AD 1744), has gone through more than two centuries of development, from a small wine shop in Shaoxing to an internationally renowned catering brand in Shanghai, and its efforts in "innovation" have run through the whole track of Wang Baohe brand development. Wang Baohe is constantly innovating its services and gradually upgrading its energy level. Wang Baohe's service innovation mainly refers to improving the service to the level of "humanization", so as to enhance Wang Baohe's service brand. The traditional services of Wang Baohe Restaurant mainly include delivering wine to your door and providing convenience for customers in the dining hall. Today, Wang Baohe Restaurant still strives to provide quality service. On holidays or for customers with special circumstances, they buy a large amount of wine and deliver it to their homes. Wang Baohe can also peel crab meat for guests during the crab feast. It is particularly worth mentioning that he enthusiastically cooks crab dishes for the disabled with limited mobility. It is precisely because Wang Baohe has carried out the service concept of "focusing on all customers" and constantly carried out service innovation that it has achieved both economic and social benefits. In the face of more intense market competition, time-honored enterprises should establish the concept of serving customers, establish a more perfect service system, constantly introduce new service items, improve service quality, and constantly carry out service innovation to promote the development of time-honored enterprises. The value of intangible assets that are good at using time-honored brands The formation of time-honored brands is the accumulation of consumers' long-term trust in the quality and reputation of their products and services. Time-honored brands have large intangible assets, so we should be good at using the value of time-honored brands to further promote the development of time-honored brands. Hengyuanxiang mode, which realizes rolling development by brand output, is a case worth learning. Hengyuanxiang, a time-honored enterprise, takes the intangible assets of corporate brand as the link, forms a strategic alliance with potential but inefficient factories, and establishes a powerful marketing network through the franchise mode of "connecting brand, image, investment, characteristics, management and lock management", realizing the integration effect of "designing market, planning market, managing market and owning market", so that the franchised enterprises can join in the brand of Hengyuanxiang. Hengyuanxiang's unique brand management mode has been praised as "Nike of China" by the industry. Their similarity lies in turning "manufacturing" into "brand": Nike doesn't have its own shoemaking production line, and all its Nike shoes are processed by commission. Hengyuanxiang seeks allies by "waiting for the price to sell" the intangible assets of the brand. Its business strategy is: it doesn't cost a penny to buy land, build factories and equipment, but only takes intangible assets as a link to drive tangible assets to form strategic alliances and establish a benefit sharing mechanism. Hengyuanxiang brought the expansion of enterprise capital with intangible assets, and walked out of the successful road of using the value of old brands to operate. Answer Supplement VII. Keeping pace with the times and enriching the cultural connotation of old brands is the "soul" of brands. In recent years, as an obvious cultural phenomenon and a carrier of important culture, brands have attracted more and more attention from entrepreneurs, operators and consumers. On the one hand, some novel ideas have become the knowledge of more and more manufacturers, merchants, entrepreneurs and operators. Cultural concepts such as "half of the brand is culture", "we are not selling products, but culture", "products are temporary and culture is eternal" and so on; On the other hand, for consumers, when they buy those brand-name products, they no longer simply buy products, but pay more attention to the psychological and spiritual satisfaction brought by brand culture. It can be seen that in modern society, excellent cultural connotation is an indispensable element to form excellent brands.