Alibaba kicked off its 2019 Double Eleven Global Shopping Festival 2019 last week, with a focus on “new consumption,” “new business” and actively contributing to a greener society.
“Our goal is to stimulate consumer demand and support lifestyle upgrade in China through new brands and products. We will enable merchants in China and around the world to grow their businesses through data-driven product innovation and consumer insights, as well as leverage our recommendation technology and content-driven user engagement to delight consumers in urban coastal cities and less-developed areas of China,” said Fan Jiang, president of Taobao and Tmall. “Given its scale, minimizing environmental impact is essential and our technology will ensure it is a green Double Eleven Global Shopping Festival.”
A star-studded gala in Shanghai will count down to the world’s busiest 24 hours of shopping on the evening of November 10th.
New Consumption
The Double 11 Global Shopping Festival, which culminates on November 11, taps a global supply chain to meet the growing demand of Chinese consumers for new brands and new products. Over 200,000 brands are participating, one million new products are on offer and more than 500 million users are expected to participate in this year’s festival – about 100 million more than last year. Estimated consumer savings from brand and platform promotions and coupons are around RMB 50 billion.
Tmall Collection celebrated the start of Double 11 Global Shopping Festival with a two-hour show last week, which was livestreamed across 17 online media channels. Powered by “See Now, Buy Now” technology, new products are immediately available to order in presale for the first time. Expanding on previous years, featured categories in the show include fast-moving consumer goods and electronics, as well as fashion apparel and accessories.
New Business
Thousands of merchants have upgraded to Tmall Flagship Store 2.0 in preparation for the Double 11 Global Shopping Festival. Version 2.0 offers new features and tools that enable brands to further engage with their customers through rich, interactive content and an omnichannel experience.
The upgrade, rolled out several months ago, offers brands the ability to customize their flagship store to offer an immersive experience to consumers. It personalizes content and product promotions for different types of customers based on their profiles. Over the next year, Tmall expects several thousand brands to upgrade their storefronts to 2.0.
Less-Developed Markets
For the first time, Alibaba held a concurrent kickoff event in the northeastern city of Harbin, underscoring its focus on serving consumers and small businesses in China’s less-developed markets. In the last quarter, over 70% of Alibaba’s new annual active consumers came from lower-tier cities.
“The success of our focus on less-developed markets in China is reflected in our new customer acquisition growth,” said Alibaba Group CMO Chris Tung. “We are equally driven to help local enterprises and factories digitize, which improve their operational efficiency and ability to engage with customers across the country.”
Alibaba has already helped over 1,000 factories digitize their operations, giving them access to analytics and Internet of Things technology for the first time.
Their goal is to eventually foster 100,000 brands, create one million jobs and nurture 10,000 digital factories. Through the Alibaba Business Operating System, their operations will become more efficient while product innovation and development will be accelerated.
Alibaba Double 11 Around the Globe
More than 22,000 international brands from 78 countries and regions will participate in this year’s Double 11 on Tmall Global, Alibaba’s cross-border online marketplace, providing an expansive international product selection for consumers.
For the second year, Lazada will take part and expects its “shoppertainment” – an innovative blend of shopping and entertainment – to attract a record number of participating merchants and consumers in its six markets.
While continuing to serve over 200 countries and regions, AliExpress will enable local merchants from Russia, Spain, Italy, and Turkey to participate in Double 11 for the first time.
Daraz disrupted South Asia’s retail market with Double 11 last year and is gearing up again with celebrations in Pakistan, Bangladesh, Sri Lanka, Myanmar, and Nepal. India will celebrate with the UC Shopping Fest, in association with Paytm, VMate and 9Apps.
Fliggy will offer 30,000 different vacation packages to over 200 destinations to feed the wanderlust of Chinese tourists. Thousands of travel experts will offer tips and suggestions via livestreams during this year’s Double 11.
Greener Double 11
Cainiao and its partners will make November 20th a day focused on the recycling of cardboard packaging. They will work to convert 75,000 locations into permanent recycling stations, and express courier companies to pick up used cardboard boxes and wrapping.
Consumers will be incentivized to recycle through rewards of “green energy” points on Ant Forest.
Alibaba Cloud expects to save 200,000 kilowatt hours of energy on November 11th at its data centers, which will be powered by renewable energy and energy-conserving technology such as liquid-cooled servers.
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