日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Policies

Livestreaming takes 'retailtainment' to next level

By Fan Feifei | China Daily | Updated: 2021-11-15 08:15
Share
Share - WeChat
Viya (left), one of China's top e-commerce livestreamers, and her assistants promote products via livestreaming platforms in Hangzhou, Zhejiang province. [Photo by Chen Zhongqiu/For China Daily]

E-commerce via livestreaming has witnessed robust growth in China amid the COVID-19 pandemic and became a driving force during this year's Singles Day shopping carnival.

I logged in to the livestreamed sales show of Viya, a top Chinese livestreamer or key opinion leader on Alibaba's e-commerce platform Taobao, at about 10 pm on Oct 20. I tried to stay rational, but some presale commodities with steep discounts recommended by Viva stimulated my desire to shop.

Soon, my online shopping cart was stuffed with a woolen sweater, a pair of shoes, cosmetics, and skincare and baby products. I placed a small deposit for these presale products first and paid off the remainder at midnight of Nov 1, when the official sale started.

On Oct 20, Viya peddled as many as 341 products, including apparel, cosmetics, foods, beverages, maternal and infant products, consumer electronics and home appliances, within a space of four hours (4 pm to 8 pm)-that is, just 42 seconds on average separated each item's introduction during the live online sale.

E-commerce that incorporates livestreaming has been gaining traction in China since the outbreak of COVID-19, as hundreds of millions of Chinese consumers were confined indoors. This phenomenon, coupled with restrictions on large gatherings and travel, moved some of the offline shopping online.

Apart from Taobao, a string of e-commerce and short video platforms, such as JD, Pinduoduo, Douyin, Kuaishou and Xiaohongshu, have jumped on the livestreaming bandwagon to capitalize on its rapid growth.

Sales revenue of the country's livestreaming e-commerce sector reached 961 billion yuan ($150.3 billion) last year, surging by 121.5 percent from the previous year, and is expected to rise to 1.2 trillion yuan this year, according to market consultancy iiMedia Research.

Global consultancy PwC said in a report that with only a few years of development, direct sales via livestreaming have emerged as a new and promising channel, leveraging the strength of both key opinion leaders and key opinion consumers.

Livestreaming has brought "retailtainment", where retail and entertainment come together, to the next level, with added benefits of enhancing supply chain efficiency and cash turnover for retailers, the report said.

Data from the China Internet Network Information Center showed the number of people watching livestreamed e-commerce events increased by 123 million from March 2020 to 388 million in December 2020, or nearly 40 percent of the total internet population in China.

Cao Lei, director of consultancy Internet Economy Institute, said most of the e-commerce platforms have encountered some bottlenecks like in seeking new customers, and livestreaming plays a vital role in helping online retailers gain new data flow in fourth- and fifth-tier cities and even rural areas.

In addition, livestreaming could allow hosts to interact with customers in real time and answer their queries, which will significantly improve shopping experiences and lure more shoppers to purchase online.

Livestreaming offers a new model of operations for online marketplaces and could settle the problem of information asymmetry, said Chen Tao, an analyst with internet consultancy Analysys in Beijing, adding such services have gained popularity among the younger generation of consumers.

Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 成人免费久久 | 免费黄色小视频在线观看 | 欧美日韩一区二区在线观看视频 | 精品免费久久久 | 一本到免费视频 | 欧美三级黄色大片 | 日本精品视频 | 四虎国产精品永久在线国在线 | 少妇高潮在线观看 | 超碰五月 | 激情图片激情视频 | 中文字幕亚洲高清 | 国产馆av| 免费国产黄色 | 99热这里都是精品 | 97在线免费视频 | 久久久午夜影院 | 一区二区视频免费在线观看 | 精品久久毛片 | 免费视频久久 | 尤物天堂 | 日韩一区二区视频在线 | 中文字幕在线第一页 | 亚洲我射av | 久久久久久久久久久久久久av | 国产精品福利影院 | 久久综合亚洲 | 国产成人精品一区二区三区四区 | 诱惑の诱惑筱田优在线播放 | 色综合久 | 中文字幕av观看 | 四虎久久 | 国产视频一区在线播放 | 在线免费观看亚洲 | 国产精品美女一区 | 欧美午夜免费 | 国产成人自拍偷拍 | 色接久久| 国产综合精品在线 | 麻豆精品一区二区 | 大地av |