Year over year, Alibaba has managed to beat its own record during the biggest shopping festival on the planet. There were real concerns about whether the company would pull it off once again. The answer is a resounding yes: gross merchandise volume (GMV) on Tmall reached 268 billion RMB (38 billion USD) within 24 hours, a 26% YOY growth. The …
What are WeChat Mini-Programs? A Simple Introduction
Mini-programs continue thriving in China’s digital ecosystem. Up to 2021, there are more than 4.3 million WeChat mini-programs attracting around 410 million daily active users. WeChat mini-programs are a very complex piece of technology/design, so I’ll answer the questions in 3 parts: What are WeChat mini-programs? Cons: What are the main drawbacks of WeChat programs? Pros: What makes them interesting …
Taobao Live-streaming, RMB 100 million sales in 6 min
“OMG! All ladies, buy it, buy it, buy it! “ This is the famous catchphrase of Li Jiaqi, the top-selling Taobao live-streaming host. He just broke a stunning record during the Single’s Day pre-sale on October 21st: Record-breaking 100 million RMB of products sold within 6 minutes 5-hour live streaming Concurrent viewers reached 31 million 39 products, each was sold out …
New WeChat regulation on incentivized sharing and external links
WeChat just released its most rigorous policy to date regulating incentived sharing and external links. The policy banned some of the most common campaign tactics. Here are some of the highlights of some of the new bans: Group buy campaign are highly regulated Incentivized App downloads Editing or re-use of user’s profile pictures or user information Sharing a link that contains …
A mother & baby WeChat live-streaming case study: 3.22 M RMB of sales in 2 hours
The founder of Xiaoxiaobao Mama, Sun Jing, managed an impressive feat even by Chinese live streaming standards. Last August, she sold 3.22 million RMB worth of products during a 2-hours long WeChat live stream. And these results were not due to chance. In May, during her first WeChat live stream, she managed to sell 15,360 products worth a total of …
Is WeChat getting into live streaming?
WeChat launched a live streaming feature for Official Accounts. How does it work and is it the next big thing to sell your products? How does WeChat Official Account live streaming work? How to create an Official Account Live Stream? Tencent Live Streaming team is still testing this new feature, and only a few selected KOL (key opinion leaders) were …
How to prepare for Double 11 on WeChat
The Double 11 promotion starts from October 20th, 10 days earlier than last year. We expect a good fight between Pinduoduo and Alibaba. Other than getting ready on Tmall, Pinduoduo, and JD, here are a few WeChat marketing tips for your Double 11 preparation. Launch a new product 1 month before Double 11 1 month before Double 11 can be …
WeChat upgrades advertising in order to fight Tik Tok
WeChat has been trying hard to sell ads lately, not very successfully. Although Tencent announced it would increase the number of ads sold on the platform, the advertising growth rate went down from 25% YOY to 16% from Q1 to Q2 2019. The reasons for this drop? A challenging macro-economic context, but also the intense competition from Douyin, Toutiao, and …
WeChat improves analytics back-end with “heat map” function (& 2 other news)
WeChat improves analytics back-end with “heat map” function Heat map WeChat added a “heat map” function to the analytics back-end which indicates how far users have read WeChat articles. For instance, in the graph below, only 10% of readers read more than 90% of the article, while 50% of them read the article halfway. This feature enables marketers to go …
WeChat advertising: the power of Key Opinion Leaders
Why is WeChat advertising system broken? There are two advertising schemes provided by Tencent. 1. “Subscription Messages” ads If subscription accounts exceed 100k followers, they can apply to be “ads displayers”. Other companies can then display ads at the bottom of each of their messages However, subscription account ads show poor return on investment for the accounts displaying the ads …