‘New Retail’. ‘Smart Retail’. ‘Boundaryless Retail’. The evolution currently taking place in China’s retail and ecommerce sector goes by a few different names, but in each case, it’s characterised by the use of technology to merge online and offline commerce.
For those unfamiliar with ‘New Retail’ as Alibaba’s Jack Ma calls it, or ‘Boundaryless Retail’, if you prefer the JD.com terminology – essentially it refers to an offline push to open grocery stores (to begin with) that are seamlessly integrated with ecommerce technology.
Singles’ Day, the one-day mega-shopping event in China, was held on Sunday – and again, it broke its own records.
Singles’ Day (November 11th) is, by far, the world’s biggest one-day shopping event. While it is still largely focused on China, there are signs it is starting to have an influence on ecommerce globally. Here’s what you need to know.
On August 17th in Singapore, Econsultancy is hosting an event for client-side marketers which features talks by marketing industry leaders.
The event, ‘Digital Divas’, is slightly different from our other events in that all of the speakers are women and it aims to offer marketers a fresh perspective on the latest industry trends. Those interested in attending can request their seat here.
For most of us in the marketing and technology industries, the term ‘social commerce’ is a byword for ‘a bit of a flop’.
The initial dreams of a perfect harmony between social networks and ecommerce have gradually faded into a reality of unsuccessful Buy buttons and niche communities that failed to catch on, and with the exception of some recent positive press in Mary Meeker’s Internet Trends Report for 2018, that doesn’t show much sign of changing.
Unsurprisingly it’s been a big month for Chinese ecommerce, with Singles Day dominating the headlines.
Our roundup for November is therefore focused on China and ecommerce, but never fear – we bring you a range of fascinating insights into consumer behaviour, as well as some stats from India, too.
Asian brands planning to market themselves in China during Singles Day in 2018 have some important lessons to learn from the shopping festival’s performance in 2017.
Livestreaming has been growing rapidly since 2015 in China, thanks to a slew of social apps and better mobile networks.
In this article, we’ll take a look at:
New ad products from Google, Watson buying media, Trump using psychographic profiling – an interesting week in digital news.
Here’s your roundup…
Alibaba is this year referring to Singles’ Day as the ‘11.11 Global Shopping Festival’.
That’s a pretty clear statement of intent, with the online retailer aiming to create a worldwide event.
It also hints at the growing trend of international, cross-border purchases by Chinese consumers, particularly the middle classes.
WhatsApp and chicken nuggets are just two reasons why you should enjoy September’s selection of APAC digital marketing stats.
And don’t forget, Econsultancy subscribers can peruse the Econsultancy Internet Statistics Compendium, for more stats.