ALIBABA’S NEWEST 11.11 GMV RECORD: US$38.4B

Eleven years in, and Alibaba Group, the e-commerce and media giant that created and grew 11.11 into the world’s largest shopping festival, is still delivering record results – and the innovations necessary to make them happen every November.

By the time 11.11 ended at midnight on Monday, Alibaba had generated RMB268.4 billion (US$38.4 billion) in gross merchandise volume in just 24 hours, a 26% jump over last year’s numbers. GMV in 2018 was RMB213.5 billion, or US$30.8 billion.

“Today we showed the world what the future of consumption looks like for brands and consumers,” said Fan Jiang, president of Taobao and Tmall. “We are meeting the growing demand of Chinese consumers and helping them upgrade their lifestyles, while introducing new users to our digital economy from across China and around the world.”

WATCH: Highlights from 2019’s 11.11 Global Shopping FestivalPlay

In addition to a new record GMV, the total number of delivery orders also reached a new high: 1.292 billion, up 59% from 812 million last year. There were 299 brands to reach RMB 100 million in GMV, including Apple, Nike, Estee Lauder and Giorgio Armani. The top 10 countries selling to China through Alibaba’s cross-border platforms were Japan, the U.S., Korea, Australia, Germany, France, the U.K., New Zealand, Italy and Canada.

Last year’s festival was all about the Alibaba ecosystem, and certainly that ecosystem continues to play a critical role in setting new GMV records and generating greater levels of consumer engagement, as Alibaba draws additional businesses into 11.11. 2019, however, was all about consumers: where they are in China, how to reach them and providing them with the best possible selection of products.

Capturing Lower-Tier Consumption

Increasingly, those consumers are in China’s lower-tier cities and rural areas. Alibaba had said that it expected most of the 100 million new users participating in this year’s 11.11 to come from these areas, where China’s biggest consumption growth is happening. In fiscal 2019, more than 70% of Alibaba’s 102 million newly acquired annual active consumers were based there.

“Lower-tier areas are the most important business strategy for us this year and a strategic direction for the company, because China’s less-developed markets have a lot of potential for growth when you consider their population, geography and shopping habits,” said Liu Bo, general manager of Taobao and Tmall Marketing, at a press conference on Monday afternoon.

Alibaba is leveraging its powerful consumer analytics and supply-chain capabilities to create new products for lower-tier consumers, Liu said, firstly by partnering with multinational brands, such as P&G and L’Oréal, and secondly by working with China’s vast network of manufacturers. The company provides both brands and manufacturers with the data they need to develop and market products tailored directly to these new online shoppers.

By delivering better-quality goods at affordable prices, consumers in lower-tier areas “have a lot of potential to make frequent purchases,” Liu said. And Alibaba wants to capture that consumption.

New Products to Meet New Demand

As essential as lower-tier areas are to Alibaba’s growth strategy, the company’s focus on new products is not bound by geography. In fact, this year’s 11.11 alone included 1 million new products on the company’s e-commerce platforms.

“We take new products as a major strategy for this year’s 11.11 has become the largest platform to launch new products,” Liu said. “Many international brands are leveraging the platform and the results have been excellent.”

For example, cosmetics brand MAC sold 60,000 units of a limited-edition, just-for-11.11 lipstick in five minutes of pre-sales. And brands are committed to developing even more new products for Alibaba’s platforms going forward. Ten global brands, including Olay and Shiseido, have committed to incubate more than 50% of their new products with Tmall this year, Jiang said.

The Must-Do of Livestreaming

Once just a single marketing tool among many for brands selling to China, livestreaming has since become a must for any company that wants the attention of Chinese consumers.

These consumers use livestreams, typically hosted by popular key opinion leaders, to find and learn about new products, making it an essential part of product discovery. That’s a stark contract to the West, where most livestreaming platforms are focused on gaming and entertainment.

Just how popular is the trend? Taobao is home to over 4,000 livestream hosts who generate 150,000 hours of content each day. For 11.11, more than 100,000 brands and merchants used livestreaming to market their products.

“It’s a brand-new experience. Livestreaming is becoming ubiquitous for merchants and a new [shopping] channel for consumers,” he said.

A Green 11.11

Jiang said that Alibaba’s logistics arm, Cainiao, had delivered 100 million packages before 8 a.m. on Monday, just eight hours into 11.11. But he said the company was committed to fulfilling those orders sustainably.

“Green is the most important keyword for this 11.11,” Jiang said. “We’ve shipped 1.292 billion packages, but through this we want even more to promote the concept of green consumption.”

To that end, Cainiao has set up more recycling stations – 40,000 of them – across China through its Cainiao Smart Logistics Network, while its express-courier partners is hosting an additional 35,000. Consumers will also be rewarded “green energy” points on Ant Forest for their recycling efforts.

Alibaba has established Nov. 20 as “National Cardboard Box Recycling Day” in China, as well, to further promote its push for a green shopping festival.

Singles Day, China Prepares For The Big E-Commerce Event

Singles Day is considered the biggest day of the year for brands in China, but the problems could be just around the corner

Singles Day, one of the most anticipated days in China, is coming and so dealers and brands are accelerating their activities for the big day. Last year, to understand the scope of the event, the brands have accumulated as much as $ 30.8 billion on the Alibaba, Taobao and Tmall platforms.

Singles Day and other big e-commerce holidays can represent, for many brands, more than half of their annual sales. Singles Day can often serve as a test case to show how a brand will perform for the rest of the year.

Despite the great importance of the event, or precisely for this reason, many foreign brands encounter management and implementation difficulties.

The problems that brands may encounter are the most varied

Foreign brands and retailers often find it difficult to adapt to the size and speed of the Chinese e-commerce market. The market in question, in fact, is much broader than any that they have ever faced in the past and the standards for customer service are high. In fact, customers expect immediate answers, quick deliveries and incentives for purchases.

Furthermore, the demand for certain products can increase enormously during e-commerce vacations and many retailers refuse or cannot get enough units because of their budgets. This is particularly common when the brands of smaller countries in Europe enter China for the first time.

In many cases, however, some retailers and brands with independent websites have shrunk. This can also happen to some of the larger platforms. Retail players should stress their servers and infrastructure a few weeks in advance to avoid this. In some cases, on the other hand, international brands and retailers choose local logistics service providers who are unable to handle the increase in demand during e-commerce vacations.

The large platforms, to overcome the difficulties listed above, could place banners with promotions of different brands to attract users for the big day. Brands can apply for these slots and get “free” traffic without having to spend on advertising. However, they generally have to provide great discounts to qualify. All this requires at least a month in advance for the organization.

Furthermore, retailers and brands should take stock of the items they sell, ordering them in advance from suppliers. They should also move the high turnover inventory to warehouses in the Hong Kong or China free trade zones for faster delivery.

What can brands do to prepare for the event?

The influencers, in all this, play an important role as a medium between brands and different customer bases. In fact, they help create trust and also activate sales.

Finally, offering discounts and incentives during the days and weeks preceding Singles Day is often cheaper than doing it on the big day. Many brands and retailers do it for less popular items and reserve their most popular items for the big day when there is less time to inform customers about newer items.

The day after the events the big brands should follow simple rules to remain, in any case, competitive and professional. To apologize for any delivery delays and send coupons to disappointed customers, for example, can be a good choice to retain customers.

Finally, it is important to take stock of what has worked and what has not. Singles Day is often a determining factor in how a brand will perform in the rest of the year. The costs of acquiring traffic are quite high, however, so don’t be discouraged if the ROI is not as high as expected.

How To Get The Most Out Of Alibaba’s Singles Day (Double 11)

China has been leading the world in innovation for the E-commerce industry. One area that we’ve seen Chinese e-commerce take the lead in is the creation of Chinese E-Commerce Festivals. Single’s Day (Double 11), Chinese New Year, and 6.18 are just a few of the major shopping holidays that consistently break records for E-commerce sales in China.

Most of these holidays were created by the major E-commerce platforms to offer discounts and drive sales during these periods. The largest shopping holidays were created by Alibaba and JD.com, showcasing how powerful these companies truly are. While the West has similar holidays like Black Friday & Cyber Monday, these pale in comparison to the scale of the Chinese E-Commerce Festivals.

In this blog we’ll take a look at the largest Chinese E-Commerce Festival, Single’s Day (Double 11), to help businesses obtain a greater understanding of this holiday and make the preparations necessary to take advantage of it.

What is Single’s Day (Double 11)?

Single’s Day is the largest Chinese E-commerce Holiday by far. The event was started by a group of university students in the early 1990s at Nanjing University. With many Chinese university students unable to find romantic partners during their studies, the holiday was created to celebrate being single.

The date, Double 11 (11/11) was chosen as the number “1” looks like a person who is single or alone. The holiday quickly spread from Nanjing University to various locations around Mainland China. With the rise of social media, the holiday became even more well-known across the country.

Nanjing University, the rumored birthplace of Single's Day

Nanjing University, the rumored birthplace of Single’s Day

While businesses had begun celebrating the holiday with discounts and promotions to cater to these single consumers, the holiday’s significance changed significantly with the launch of Alibaba’s Single’s Day E-Commerce Festival in 2009.

While the initial event only included 27 brands on the Alibaba platform, T-Mall, the discounts and promotions soon spread to Alibaba’s other platforms like Taobao. Brands on Alibaba’s platforms often offer discounts of up to 80% during this period, giving singles a reason to splurge and treat themselves.

The first Double 11 shopping festival generated a measly USD 7.5 million in sales, but by 2017 sales had eclipsed both Cyber Monday and Black Friday combined with sales reaching USD $25.3 billion. While growth has finally started to slow for the holiday due to increased competition, the shopping holiday remains the largest worldwide in terms of total sales.

Why Has Single’s Day Been So Successful?

While new Chinese e-commerce holidays have appeared throughout the years a survey by Nielsen China revealed that 81% of respondents said Single’s Day is still the one they’d most like to participate in. For every company selling their products into China through E-commerce Double 11 should be an important part of your yearly marketing strategy and be featured prominently in your calendar.

Many attribute the reason for the success of Double 11 due to its inherently selfish nature. Double 11 is a celebration of being single and treating yourself, encouraging shoppers to buy things for themselves rather than for others as is custom with more traditional holidays like Chinese New Year.

Alibaba’s focused on the holiday in its early days by launching the slogan: “ Even if you don’t have a boyfriend or girlfriend, you can at least shop like crazy.” (就算没有男女朋友,至少我们可以疯狂购物).

However, there were a lot of factors that contributed to the astounding success of Double 11 including Alibaba’s logistics network and its investment in promotional activities.

The Evolution of Cainiao: Alibaba’s Logistics Arm

The rapid growth of Double 11 required Alibaba to develop a strong logistics network to handle the massive scale of the holiday. Alibaba’s logistics arm, known as Cainiao, has done a tremendous job in keeping pace with the holiday and ensuring that deliveries go out on time despite the massive amount of orders.

In 2015 alone, the number of orders processed through Alibaba’s platforms reached 467 million, representing a 65% increase in order volume over 2014. To cope with this large growth Cainiao utilized technology to forecast order volume, handle warehousing, and make the necessary preparations to handle this increased volume.

Through this experience, Cainiao has become one of the most efficient logistics providers in the world. Even with the number of orders increasing massively each year, Cainiao has continued to improve in terms of speed and efficiency. In 2018, the total number of Double 11 orders exceeded 1 billion, with the logistics provider completing deliveries for the first 100 million packages within just 2.6 days as compared to 9 days in 2013!

Cainiao also was able to offer same day/next-day delivery to customers living in China’s larger cities. One of the first orders placed on Double 11 in 2017 was fulfilled just 12 minutes after the launch of the Chinese E-Commerce festival.

Promoting Single’s Day: Galas, Movies, and Advertising       

Alibaba realized they were onto something when they launched the Single’s Day shopping festival in 2009 and invested in a range of different marketing strategies to drive growth for the event.

After running the event twice, Alibaba began to take the focus off the original holiday Single’s Day and began promoting the idea of Double 11 as the ultimate shopping holiday, rather than a day to celebrate singleness.

While the event had seen tremendous growth due to marketing efforts and more brands joining on the holiday, Alibaba recognized that the event could be even bigger. In 2014 Alibaba finally went public raising an unprecedented 25 billion USD in the world’s largest IPO. With a now overflowing war chest, the company began to invest heavily in marketing for Double 11.

In 2015, Alibaba launched its first Double 11 Gala event broadcast live on national TV. During the gala, Alibaba invited celebrities from all over the world to participate in games, events, and challenges meant to entertain and further drive sales online. Due to the success in viewership for the first event, it has been repeated each year since 2015.

Daniel Craig was one of the many celebrities invited to attend the first Singles Day Gala

Daniel Craig was one of the many celebrities invited to attend the first Singles Day Gala

While the event is primarily for entertainment purposes, the guests, celebrities, and hosts always remind the audience to go online to check out the deals available for purchase.

This has made the event more than just a shopping festival and made it seem like a real holiday. In many ways, it is similar to the Spring Festival Gala, a star-studded event hosted during the Chinese New Year period, further strengthening the festival’s connection to true Chinese holidays.

Marketing for Single’s day has gotten a bit outlandish at times as well, such as in 2017 when the company released a 24-minute Kung Fu Movie on Double 11 featuring Alibaba CEO Jack Ma and Kung Fu Star Jet Li. You can check out the subtitled version of the trailer below if you want to see Jack Ma showing off his kung fu moves.

Alibaba’s Last Year in Review: More Records Shattered During Single’s Day 2018

Finally, onto the most mind-blowing part of Double 11, the sales.

Alibaba had an absolutely incredible year in 2018, with sales reaching USD $30.7 billion throughout the course of the event, representing growth of 27% compared to the previous year. The first double 11 generated a mere USD 7.5 million dollars in sales. If we look at the growth from 2009 to 2018 this represents an approximately 40,000% increase in sales over the course of the 10 year period.

These numbers completely blow other shopping holidays out of the water. Black Friday and Cyber Monday combined weren’t even able to reach USD $15 billion in sales in 2018. This means that Alibaba alone had more than double the total sales on Black Friday and Cyber Monday.  If we count the sales of other Chinese E-commerce platforms alongside Alibaba these two events look rather minuscule in comparison.

However, It’s not just the amount that’s amazing, but also the speed. Sales on T-Mall had reached 10 billion RMB just 2 minutes after the launch of the Chinese E-Commerce Festival.

In terms of deliveries, Alibaba received over 1 billion orders, representing a significant increase over the previous year when orders just barely broke 800 million.

Over 180,000 brands participated in the event in 2018 with 237 of them exceeding RMB 100 million in sales during the event. These 237 brands included some of the more popular international brands in China, like Apple, Dyson, Nestle, Nike, and Adidas.

While overall growth in sales has slowed down to 24%, the growth in sales of imported products was much greater reaching over 63% according to Syntun. Many newer brands to the market had spectacular years with brands like MartiDerm, Moony, and Schiff achieving positions among the top-sellers in China. According to Alibaba, over 40% of its customers made a purchase from an international brand during the 2018 double 11 event!

Other Chinese E-Commerce Platforms Cashing in on Double 11

While Double 11 was started by Alibaba, other Chinese E-Commerce platforms have been cashing in on the holiday as well. JD.com, VIP.com, Pinduoduo, and Suning, were some of the larger players participating in the event as well. Although Alibaba trademarked the name “Double 11” in 2014, preventing other platforms from using it in their advertising, plenty of other platforms try to get in on the action for this shopping extravaganza.

Spending on E-commerce during the 24-hour event reached a total of nearly USD $45 billion. As stated, before Alibaba captured the lion’s share of this spending but other players are beginning to take a larger slice as they also invest in promotions during the period.

JD.com was the closest competitor to Alibaba in 2018, with the total transaction volume on JD.com reaching RMB 159.8 billion (USD ~$23 Billion). Unlike Alibaba’s single day sales promotions, JD.com’s discounts are spread over an 11 day period. Although JD.com was only able to capture 17% of market share on Single’s day itself it’s total sales volumes from the event were truly impressive!

Nearly all of the E-commerce platforms recorded strong gains. Netease’s Kaola reported that its sales multiplied 2.4 times in 2018 while Pinduoduo saw its orders triple year on year.

This just goes to show that even if your brand isn’t on T-Mall you can still cash in on the Double 11 craze!

How To Get The Most Out of Alibaba’s Single’s Day

No matter what platform you’re selling on in China you’ll definitely want to take advantage of the Double 11 extravaganza.

Other than the traditional channels available to brands such as paid advertising and KOL promotion there are some extra steps you should take to ensure that you get the most out of the Chinese E-Commerce Festival.

We’re going to break this part down into two sections, Preparation and Promotion, to help brands at various stages take advantage of this holiday.

Preparation Strategies for Alibaba’s Single’s Day

Preparation for Single’s Day Tip #1. Reputation Management

Chinese consumers tend to do quite a lot of research before making a purchase online. In the months leading up to Double 11, you should ensure that your company has a positive brand image to foster trust among users.

A negative reputation on the Chinese internet can severely hinder your sales potential, so take the steps necessary to improve your ratings, reviews, and mentions across search, social media, and in the news. While a negative reputation is something that brands should try to fix immediately, brands with no reputation at all should also get to work on building social proof and building their brand to help Chinese customers make their decisions.

Simply putting out a few press releases or working with a few trustworthy KOLs can put your brand in a positive light and prevent any negative information from putting a damper on your sales. If there’s no information about your brand on the Chinese internet shooting off a press release or two can at least ensure that there’s some information about your brand in Baidu search results.

While this kind of marketing might not be the most exciting as it’s unlikely to directly drive sales on its own, it’s an important step to making sure that there are no barriers to purchasing for your target audience.

Preparation for Single’s Day Tip #2. Perfect Your Product Descriptions

If you’re familiar with Chinese E-Commerce you already likely know that product descriptions in China are incredibly long.

Chinese consumers are by nature very distrustful and typically spend long periods of time in the consideration stage of the buyer journey. Chinese consumers want to be sure they are getting value for their money and are not buying something that doesn’t live up to its promises.

It’s due to this reason that most brands create extremely detailed and thorough product descriptions on E-commerce marketplaces to ensure that the answer to every question a potential customer might have is readily available. Having it available at the point of purchase also results in an increased chance of conversion.

Even for something as simple as shoes, product descriptions on T-mall can be absolutely huge.

Even for something as simple as shoes, product descriptions on T-mall can be absolutely huge.

While you might think your product descriptions are adequate, make sure you check out your competition to ensure you’re not lagging behind. It seems in the world of Chinese E-commerce that there’s seriously no such thing as TOO much detail when it comes to product descriptions.

Preparation for Single’s Day Tip #3. Scout Out the Competition

This is probably the most crucial step for preparing for the Double 11 Festival. There were over 180,000 brands that participated in the festivities in 2018, so it’s very likely you’ll face some serious competition.

Don’t just do a cursory glance at the competition, analyze each and every aspect of their business and products to determine where your advantages and disadvantages lie.

Are the competitors’ product descriptions more compelling? Are popular KOLs recommending their products? What is their pricing strategy? What social media platforms are they leveraging? 

All these are good questions to look into prior to the start of the event and honestly just for doing business in general. This might seem like common sense, but you’d be surprised how many companies don’t take the time to do an in-depth check on their rivals.

You can even just check on T-Mall to see some top-level information on how well your competitors’ products are selling, customer feedback, and more!

Once the countdown to the event gets started it’s a good idea to check out the promotions they start running in the lead-up to the event. Closely monitoring your competitor’s activities can give you the information you need to adjust and counter their strategies to ensure you stay on top!

How to Promote Your Brand and Drive Sales During Single’s Day

Single’s Day Promotion Tip #1. Show Off Those Discounts!

This is one of the most common strategies for promoting your deals during the Double 11 festival. Most brands begin showing off their deals for the holiday nearly a month in advance to build excitement and get customers thinking about purchasing. A survey by Nielsen China showed that this is the most enticing method of promotion for Chinese consumers.

While this tactic has been around for decades, it’s still one of the best ways to show the potential savings a user can receive if they purchase during the Double 11 holiday. Brands both big and small take advantage of this tactic to create urgency and show users how much the product normally sells for.

Showing the before and after price can be done in a number of different ways. Many brands choose to use digital advertisements to showcase their discounts while others simply keep it on their product descriptions. Depending on the price sensitivity of your target audience this can be an incredibly effective method for boosting sales during the Double 11 holiday.

Another reason this simple method is so effective is the tendency of Chinese consumers to make impulse purchases during the holiday. While Chinese are traditionally research-driven in their purchasing behavior, large discounts encourage users to make impulse decisions for trial purchases.

Single’s Day Promotion Tip #2. Offering Discounts in Exchange for Pre-Orders

Another method that’s become incredibly popular in recent years is a focus on pre-ordering. As mentioned previously, brands often begin displaying their discounts and promotions for the Double 11 holiday nearly a month in advance. For 2018, pre-orders on T-Mall became available on October 20th, giving users nearly 3 weeks to pre-order their desired items.

Since brands are already releasing this information quite early, it makes sense that they would begin to accept pre-orders. To further encourage this behavior many brands now provide additional discounts to customers who choose to pre-order before the arrival of Double 11.

If users deposit RMB 100 towards the purchase of this computer at least 2 hours before the start of Double 11, they can receive RMB 300 off during the shopping festival. Users can also win a free gift!

If users deposit RMB 100 towards the purchase of this computer before the start of Double 11, they can receive RMB 300 off during the shopping festival. Users can also win a free gift!

This not only helps brands to lock in sales early, but it also helps them to forecast their sales volume and make preparations accordingly. According to Nielsen China, offering discounts in exchange for pre-orders is the 2nd most popular method for promotion during the Double 11 holiday.

One brand that took advantage of this strategy was L’Oreal. L’Oreal allowed users to deposit money in advance and receive coupons with greater value during the Double 11 event. For example, users who deposited 50 RMB were given 70 RMB to spend during the Double 11 event. Customers who had deposited money into this scheme were also given a chance to win free gifts through lucky draws, further encouraging users to deposit money in advance.

Single’s Day Promotion Tip #3. Coupons, Coupons, and More Coupons

Coupons are incredibly popular across all Chinese e-commerce channels; however, this is taken to an extreme during the Double 11 holiday. Nearly every brand issues coupons for use during the period, however, a few have been trying new tactics with some success in recent years.

One of the more recent trends in terms of coupons for the Double 11 holiday is brands not simply issuing coupons for free but selling them for later use.  Many brands sell these coupons for an absurdly cheap price (e.g. RMB 0.5), as once users have taken the steps to purchase a coupon, they are more likely to actually use it and make a purchase.

Through selling coupons for use during Double 11, brands can make more accurate predictions and forecasts for their sales volume during the holiday allowing them to prepare and ensure that they have adequate stock to meet consumer demand.

Whether you offer coupons for free or sell them for small amounts, brands have recognized that this is an effective method for driving sales during Double 11.  This is something that will likely continue to be used by brands during Single’s Day for years to come.

Single’s Day Promotion Tip #4. Leverage Social Media

In China’s fragmented internet market social media is king. Brands all across China leverage social media to build awareness, drive sales, and promote their offerings. However, many brands go into overdrive during the Double 11 season to drive traffic to their e-commerce stores.

Chinese E-Commerce platforms themselves even advertise their offerings through China’s social media platforms. For example, T-Mall ran a massive campaign leveraging WeChat and Weibo in 2018 to boost their red packet campaign in 2018. Through this campaign, Alibaba rewarded users with money for logging into Alibaba apps and visiting chosen brand stores.

There are many ways brands can leverage social media to drive traffic and boost sales during the Double 11 holiday. Brands can choose to collaborate with KOLs (Key Opinion Leaders) to gain greater exposure and build trust among consumers or work directly with platforms to access paid advertising.

The ultimate goal of using social media is to find your target customers where they are. Brands should promote their offerings across various social media platforms and forums to reach out to their target audience in a way that shows they understand their audience.

Single’s Day Promotion Tip #5. Release New or Exclusive Products

While this might be something more exclusive to larger brands, releasing exclusive products for the Double 11 holiday has proven to be incredibly effective for many different brands.

Dyson saw great success with this strategy last year with the release of its Airwrap hair-curler which launched exclusively on T-Mall during Double 11 2018. By advertising the product on social media and limiting purchasing exclusively to T-mall the brand was able to sell over 1,500 unites within just 3 minutes of the product launch.

Budweiser's Special Edition Cans Released Exclusively for Double 11

Budweiser’s Special Edition Cans Released Exclusively for Double 11

Budweiser, the American beer brand, also launched exclusive packaging for the event. It was able to sell all 30,000 special edition packs that day! Both of these cases show how releasing exclusive or new products can result in a drastic spike in sales.

Conclusion

Double 11 is definitely a holiday that both shoppers and sellers need to pay attention to. However, taking advantage of the largest Chinese E-Commerce festival isn’t easy. Competition is fierce, and brands need to take the necessary steps to ensure that they are able to fully take advantage of it.

This guide should offer most brands a good place to start, but brands should conduct adequate research into their industry and competition to determine the best means of promotion during this period. We hope this guide helped and best of luck to all our readers for the Double 11 shopping festival in 2019!

TAOBAO MAKER FESTIVAL SHINES SPOTLIGHT ON CHINA’S YOUNG CREATIVE CLASS

From Alizila.com

taobao maker festival

Luxury brands and rising designers, from Burberry to Chalayan and Koché, on Thursday showcased their fashions at the Taobao Maker Festival, one of the most-watched events Alibaba holds each year.

The fashion show, held at Hangzhou’s historic “Broken Bridge” with supermodel Naomi Campbell in attendance, was a hallmark event in the e-commerce giant’s celebration of young creatives and entrepreneurs this year, running Sept. 12-25. Just as fashion weeks roll out across fashion capitals worldwide, the Alibaba event offers designers a new proposition – a showcase centered on the trends and tastes of China’s Gen Z consumers.

“We want to provide a platform that supports young creators closer to home, encouraging them to design more, make more and try more,” said Chris Tung, chief marketing officer at Alibaba Group.

WATCH: Taobao’s ‘Broken Bridge’ Fashion ShowPlay VideoDownload Video

“We are committed to becoming an international leading platform for new trends and to showcase the unique creativity of Chinese entrepreneurs,” said Jiang Fan, president of Taobao and Tmall. “Innovation and craftsmanship are fundamental to Taobao’s core values. By rewarding and incentivizing innovative merchants, Taobao will continue provide the best products for our customers and help to support our growth.”

The hour-long spectacle spotlighted a series of young designers from China, including Chen Peng, Wanbing Huang, Ban Xiaoxue and Particle Fever. It also featured cross-collaborations between China’s cultural-heritage institutions and local designers and celebrities, for example, a Dunhuang-inspired line made in collaboration with Reyizha Alimjan, an actress that starred in the popular period series, “The Longest Day in Chang’an.”

taobao maker festival

Up-and-coming designer Chen Peng brought his signature puffer jackets, worn by celebrities such as Rihanna and Lady Gaga, to the 2019 Taobao Maker Festival.

Cypriot-British designer Hussein Chalayan opened the show with garments from his most-recent range, as well as two new items designed just for the event, followed by Koché, Christelle Kocher’s haute streetwear label. Burberry, another one of the international brands at the show, curated multimedia installations displaying its autumn-winter 2019 collection. The fashion show was streamed live on Youku and Taobao.

Mixing Old with New, Global with Local

“I design for an international woman or man, without thinking really about their background. But I feel that my clothes do look good on Chinese people and generally for this region,” said Chalayan, who noted that the Taobao show marks his first solo show in the country. “We want to grow in China, but we want to do it in a proper way, step by step, and also without losing our identity. It’s not only about selling a lot, it’s also about doing it in a quality way.”

taobao maker festival

Hussein Chalayan, known for his experimental and avant-garde designs, showcases his Fall 2019 line at the Broken Bridge show on Thursday.

Koché’s Kocher said the show offers her brand exposure to millions of consumers on Alibaba’s platforms, as well as the chance to “speak to young consumers in an intimate way,” as opposed to conventional fashion shows that can be glamorous but feel more distant to consumers.

“The show is emblematic of the Z generation, the young generation, which is very important,” she said. “I am based in Paris, but I don’t really consider my brand to be Parisian. I feel that I’m making clothes for the Z generation across the world.”

Lin Hai, co-founder of the Chinese designer sportswear brand Particle Fever, said the Taobao fashion show – which combines modern, high-tech stage design and lighting effects with a historical landmark – felt like a great match for their label, which enjoys experimentation at the intersection of technology, art and fashion.

The show’s theme aligns with Particle Fever’s brand spirit as well, he added.

“The new generation of young people reject labels, even labels that group them together like ‘Gen Z.’ This outlook overlaps with ours,” Lin said. “We like uncertain lifestyles. From another point of view, uncertainty means more possibilities. And young people love to pursue more possibilities. In a sense, our brand will always be a ‘young brand.’”

Alibaba’s Festival for Discovery

For the first time, Alibaba expanded the Taobao Maker Festival to span two weeks – up from four days last year – and two venues, the West Lake and the Hangzhou Boiler Factory, an industrial space repurposed to host creative events. About 400 merchant booths were spread out across sections of the factory dedicated to street fashion, cultural heritage, technology, food and design.

Taobao Maker Festival

Women dressed in traditional Han-style clothing walk along Hangzhou’s West Lake, home to the heritage section of the Taobao Maker Festival this year.

The event, now in its fourth year, has also evolved from a hotbed for creativity to a launchpad for new products. This year, it is featuring over 1,000 new products, which merchants are exclusively debuting on Taobao, from customizable 3D-printed soles for running shoes, wearable exoskeletons that help workers carry heavy loads, sports-inspired furniture, hot pot-flavored lollipops, garlic crayfish ice cream to plant-based meat alternatives. Tech companies have also tapped the event for product releases, such as HTC for its Vive Cosmos virtual-reality headset.

Taobao Maker Festival

Visitors explore merchant booths at the Taobao Maker Festival’s tech section.

Taobao Maker Festival

Sneaker culture was a key part of the section dedicated to trends and fashion, featuring merchants known for collecting and customizing sneakers.

Charlie Gu, co-founder and CEO of marketing agency Kollective Influence, called the festival an “ambitious attempt to transform small business owners into brand-creators.”

“This fast and furious incubation model will challenge the traditional way of building a brand and offer disadvantaged small business owners a unique opportunity to shine and grow their businesses,” Gu said. “Its immersive experience provides consumers a unique opportunity to connect with creators and learn brand stories through a different lens.”

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A rocket installation at the entrance of the festival’s Hangzhou Boiler Factory venue.

Alibaba launched the Taobao Maker Festival in 2016 to create an offline bazaar to showcase the creative energy on the platform among China’s younger generation – even attracting brands to come visit the event to find inspiration and get in tune with young consumer trends, Alibaba’s Chris Tung said.

“It’s all about discovery,” said Tung, adding that the event encourages consumers to experience new products and interact with merchants, rather than make transactions. “Sales come naturally when they love a product.”

Experience IRCE: Three Industry-Leading Events Come Together

The Internet Retailer Conference & Exhibition – better known as IRCE – is back. The four days event is a great chance to learn where e-commerce is going

IRCE is the best place to make connections and network with industry peers. Attendees have the opportunity to gather, share ideas, and exchange information at a number of networking events on the show floor. IRCE will be part of RetailX: three distinct shows that are coming together to create an intersection of e-commerce, store design and innovation under one roof June 25-28, 2019 at McCormick Place South. Internet Retailer Conference & Exhibition (IRCE), the industry’s largest and most well-known e-commerce event.

Since 2005, IRCE has been the flagship event of the e-commerce industry. IRCE delivers high value and industry leading conference content – boasting over 200 expert speakers – and produces the largest trade show in the industry, with nearly 600 vendors covering all aspects of business needs.

IRCE will feature more than 200 expert speakers, 130 conference sessions, an exhibit hall filled with nearly 600 major solution providers, and a series of networking events, making it the must-attend event of the year for professionals seeking the very latest strategies and solutions in the world of e-commerce.

IRCE is the flagship event for the ever-changing e-commerce industry, with attendees coming from over 40 countries around the globe, representing a range of industries in a variety of management levels, including representatives from up-and-coming startups to long-standing retailers. In addition, IRCE attendees will have access to the exhibit halls of the other two events that make up RetailX, giving attendees a 360-degree view of what’s happening now.

IRCE has once again attracted an impressive line-up of Main Stage Speakers who will share their expertise, experiences and business solutions.

Speakers take the Main Stage on Wednesday, June 26 and Thursday, June 27 and kick off starts at 8:30am with Andy Dunn, Senior Vice President of Walmart on “Hitching a Rocket to an Engine, Bonobos and Walmart Take Off”. Chip Conley, Strategic Advisor of Airbnb, will follow at 9am speaking about “Inter-Generational: Leveraging the Power of a New Workplace Diversity”.

IRCE is known for its second-to-none educational programming and workshops, and the 2019 edition is no exception. This year’s robust conference agenda features presentations from over 200 executives representing some of the world’s most well-known companies and brands. Conference-goers will have the opportunity to choose from multiple tracks, including one geared to CEO’s and top executives, one for newer retailers, and Marketing 2.0 Strategies and Online Merchandising. Highlights include: Moon Juice, Red Wing Shoes, Natori and more.