The largest annual shopping festival in China Double 11 is less than two months away; Alibaba’s B2C e-commerce platform Tmall has kicked off this year’s campaign last week. Tmall stores can apply for their participation in Double 11 2019 from 12 September to 20 September.
China Double 11 (Singles Day) Stats, News & Insights
What is the hottest word among Chinese netizens these days? Double Eleven.
It's the “Bachelor’s Day Promotion” or Singles Day Promotion (Double 11) in China. Almost every netizen has got the invitation to this ceremony whether or not you are a bachelor.
About Singles Day Promotion in China
November 11th has become a special festival in recent years. With four characters of “1”, this date was named as Bachelor’s Day. On this day, young people will hold bachelor parties to create couples or simply have fun. Some choose to end their bachelor life by showing love or proposing for marriage.
Check out Alibaba Double 11 GMV historical stats here.
In 2009, Alibaba held the first Double Eleven Shopping Festival on Taobao.com, storming the online shopping for the very first time. Three years later, with coming 2012's Bachelor’s Day, more than 10,000 businesses, cooperating with e-commerce sites, are poised to rock the shopping festival again.
Participants took actions to meet this festival. Some clothes manufacturers began to hoard products for this winter from August. And they made full preparation on supplying chains and staff arrangements.
China Express Association organized “Double Eleven” meetings to discuss measurements. Major logistics companies like EMS, Shentong, Yuantong, Home Delivery... are going to recruit thousands of new staffs to meet the need of peak online shopping periods.
Big Promotions on Major Online Retail Websites
Big promotions in the name of celebrating Nov 11 Bachelor's Day usually start at the very beginning of November with huge discounts and giveaways lined up.
Some shopping platforms start early; 360buy started its one-month “Desert Storm” Promotions on Oct 10, offering coupons which value 50 million Yuan in total.
Suning started promotions called “Zero Purchasing Within 300-hundred Yuan”. After spending 300 hundred yuan on suning.com, consumers could get coupons with the same value. Coupons could also be used in more than 1700 offline Suning stores.
Gome Online Mall continuingly made efforts to supply goods at reduced prices, which scaled 1 billion Yuan in total, lowering the online prices for approximately 40%.
Tmall advanced rushing purchases of coupons. Successive rounds of promotions are started at 10:00, 14:00, 20:00 every day until Bachelor’s Day. Besides Tmall, Alibaba supported Taobao to take part in this shopping festival. More than 10,000 businesses are involved, which is 5 times that compared to last year.
Moreover, Dangdang has fired its “Fire Promotions” from Nov 9, which will also last until Nov 11. In the meantime, it will celebrate its third anniversary.
More than price wars
You may wonder what the driving force of these crazy promotions is. Bachelor’s Day Promotion may be the most important timing to achieve annual revenue goal. Take Suning as an example. According to its latest quarterly financial report, it achieved sales of 9.5 billion yuan in the last 3 quarters. Though representing an increase, there is a huge gap between the present performances with its sales goal of 20 billion Yuan. Year-end promotions are quite significant for Suning.
Basically, e-commerce cannot break away from the essence of retailing. Besides prices, they also compete on product varieties, users’ experience and resources. That is to say, this war is not only a challenge for promotion ability but also a test of storage, logistics, and capitals.
Both of Gome and Suning joined their online and offline channels, leading the whole industry to develop in the department store-oriented way.
Dangdang entered Tmall as a flagship store of books and commodities. Previously, No.1 Store, New Egg, and Yintai had stepped into Tmall. Suning officially acquired the Red Child as well as drew in Vancl and LAFASO, from which we can see its ambition to capture commodities categories.
If your business offers online purchase to Chinese consumers, November's Bachelor's Day should definitely be part of your annual sales strategy. Of course, it does not necessarily mean you should join the competition. But, if you do, timing and preparation are crucial to achieving successful online sales.
Double 11 FAQ
What is Double 11 in China?
Double Eleven is the largest shopping festival in China; also known as the “Bachelor’s Day Promotion” or Singles Day Promotion (Double 11) in China. Double 11 starts in October and reaches its peak on 11 November.
What does Double 11 mean?
"Double 11" refers to 11.11 or 11 November. "11" is the Chinese of the month November and hence the "Double 11".
When did Double 11 Festival Start?
In 2009, Alibaba held the first Double Eleven Shopping Festival on Taobao.com, storming the online shopping for the very first time. Three years later, with coming 2012's Bachelor’s Day, more than 10,000 businesses, cooperating with e-commerce sites, are poised to rock the shopping festival again. Now all online and offline retailers participate in this shopping festival.
How big is Double 11 Promotion?
Double 11 shopping festival offers Chinese consumers the largest promotion every year. Retailers and e-commerce companies rely a lot on this annual promotion for reaching huge revenues growth.
What marketing tactics are popular for Double 11?
Marketing is getting more complicated for Double 11, going beyond advertisements. Popular channels include Weibo, WeChat, online video, display ads, affiliates, etc. In recent years, live streaming and short videos are gaining popularity as an important channel for sales conversions.
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