综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Global EditionASIA 中文雙語(yǔ)Fran?ais
Business
Home / Business / Focus

Livestreaming taking luxury market by storm in new era of social distancing

By He Wei in Shanghai | China Daily | Updated: 2020-09-17 08:58
Share
Share - WeChat
Visitors check out luxury watches at an exhibition held by Fondation de la Haute Horlogerie (FHH) and Tmall under the theme "Watches& Wonders" in Shanghai West Bund on Sept 12. [Photo/NIU JING FOR CHINA DAILY]

When Li Jiaqi, a top-tier livestreaming host, promoted Bottega Veneta bags in his studio during a show in late August, people were in awe at the pioneering innovative marketing strategies for luxury brands.

A total of 230 Bottega Veneta bags were snapped up in tens of seconds via Li's livestreaming studio. While buyers stand to receive seven giveaways like umbrellas and canvas shopping bags, the 12,300 yuan ($1,818) price tag of the handbag is identical to that offered in the brand's physical store.

After all, livestreaming-digital campaigns targeting the masses-might seem at odds with the refined craftsmanship and heritage that many brands hold dear.

It turns out that many see the platform as turbo-charging sales and recruiting a new cohort of followers, particularly from Generation Z.

According to Alibaba, 80 percent of luxury product buyers are 35 years old and below, and the fastest-growing segment are those aged between 18 and 25, who happen to make up the backbone of livestreaming viewers.

Swiss fashion brand Bally is embracing the trend in earnest. It debuted its livestreaming production on Taobao Live, and conducted the show in a concept store in Hangzhou, Zhejiang province, to bring viewers into a physical boutique environment.

Bally CEO Nicolas Girotto believes that translating brand identity in digital environments is important.

"Key to our success has been the dedication to create high-quality, localized content for China in partnership with the best-in-class creative (people) and our teams on the ground," he told Alibaba's corporate website Alizila.

Bally's move falls into a broader initiative by e-commerce giant Alibaba to upgrade its luxury platforms in order to help high-end brands reboot growth in light of the COVID-19 pandemic.

Efforts to enhance brand presence include new content marketing tools, such as a dedicated digital magazine, a luxury-only livestreaming channel and cloud-based popup stores.

Participating brands also provide perks to two groups of buyers-those who have spent over 10,000 yuan and 25,000 yuan on Tmall's luxury pavilion-offering VIPs exclusive gift sets, invitations to the brands' offline events and priority access to new products and deals.

Compared with the past, currently younger shoppers love to "feel like the brand represents oneself", said Mauro Maggioni, Asia-Pacific CEO of Italian high-fashion brand Golden Goose, which launched a namesake luxury pavilion last month on Tmall. "So it's more of a self-expression, and there is a sense of community that consumers start building among themselves," he said.

"We are seeing a number of user-generated content and that consumers (want to) drive the design of the products."

Mike Hu, Alibaba's vice-president who also heads Tmall Luxury, Fashion and FMCG, said the company is looking to "utilize data analytics on luxury consumption in China to offer brands with deeper and more precise understanding of local consumer preferences".

Maggioni of Golden Goose said: "There is no better place in the world than China to tell your brand story, thanks to the ecosystem that has already been in place."

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
 
胶南市| 昌乐县| 革吉县| 柯坪县| 丹东市| 孝义市| 台安县| 灵寿县| 鄂温| 邯郸县| 岐山县| 慈利县| 大悟县| 诸暨市| 望谟县| 文水县| 武邑县| 化隆| 荣成市| 大兴区| 屏南县| 铜梁县| 临夏市| 女性| 梨树县| 宿州市| 鹤峰县| 从化市| 雷州市| 南雄市| 河北区| 永年县| 通州区| 叶城县| 宁明县| 连城县| 共和县| 凤城市| 郁南县| 江都市| 凭祥市|