Double 11: The Biggest Online Shopping Festival in ...

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Double 11 falls on November 11th annually. China's biggest shopping festival, it's similar to Black Friday in the U.S. It's online and it's ... LiveupdatesonChinatravelrestrictionsfor2022.Learnmore Home ChineseCulture ChineseFestivals Double11:TheBiggestOnlineShoppingFestivalintheWorld WrittenbyKimiHuangUpdatedNov.11,2021 Double11isalsocalledSingles’Dayasanythingwith‘1’inmeanssingleinChina.ItfallsonNovember11thannually(11-11isthedatewiththemost‘1’s) Startedin2009,ithasbecomethebiggestshoppingfestivalintheworld,similarto,butgrossingseveraltimesmorethan,BlackFridayintheUSAandtheBoxingDayandJanuarysalesintheUK. Themajore-commercesitesinChina,suchasTmall,JD.com,andSuning,offerlargediscountsandpromotionstoboosttheirsalesduringtheshoppingfestival.Double11isthemostanticipatedfestivaloftheyearforChina’sconsumers. Livestreamandpre-salehavebecomethenewtrendsinrecentyears.October20th,2021isthefirstdayofpre-sale.AustinLeeandViya,thetoptwoe-commercelivestreamersinChina,theirpre-saleGMV(grossmerchandisevalue)reachedUS$2,800,000,000intotal.InChina's4,500listedcompanies,only387companies’ANNUALrevenueismorethanthisvalue. WhyhasSingles’Daybecomesuchashoppingfrenzy?Readbelowformore.  HowSingles’Day(November11th)BecameaShoppingFestival NewTrendsforDouble11in2021 TheTmallDouble11Format JoiningDouble11ShoppingFestivaloutsideChina WhyDouble11isAttractivetoConsumers? HowtoParticipateintheDouble11Promotions Double11NightGala—Warm-UpfortheShoppingRush OtherPopularShoppingFestivalsBesidesDouble11 HowSingles’Day(November11th)BecameaShoppingFestival 11.11onlineshoppingfestival ThedateNovember11thhadnothingtodowithshoppingbefore2009.ThisdaywaschosenastheshoppingfestivalbychancebyTmall.Itprovedabigsuccess! In2009,ZhangYong,thepersoninchargeofTmall,sawabusinessopportunityfromthefastdevelopmentofe-commerce.HedecidedhewouldliketoboostsalesandtomakemorecustomersawareoftheTmallbrand.So,heplannedagala-styleonlineshoppingfestival. Novemberisinthechangeoverperiodbetweenautumnandwinter,whichisagoodtimeforstockinguponwinterclothes.ButtherearenoofficialholidaysinNovembertostimulateconsumption. Thenumber1111iseasytoremember.November11thisadayforbachelors.Creatingafestivalsothattheycanbuysomethingforpotentialgirlfriends. Double11Effects Intelligentlogisticscenter Nowadays,withchangesinspendingpatterns,“emptythecart”hasbecomeapopularsloganamongyoungpeople.Whenthetimehits12a.m.onNovember11th,thereisarushtobuyallkindsofgoodsonline. ThanksinparttoDouble11,expressdeliveryandlogisticshavedevelopedrapidlyinChinainthepast10years. TheGMVofTmallonDouble11from2009to2020 AnualGMVofTmall NewTrendsforDouble11in2021 E-commercelivestream AsDouble11isthemostimportantshoppingpromotionactivityoftheyear,ChinesebrandsandmerchantshavebeenbusypreparingforDouble11sincethethirdquarter(orearlier).Somenewtrendshaveappearedin2021: Livestreame-commercehasbecomeanewtrend.Itbringswithitgreaterrevenueandhigherconversionrates. TheproportionofusersusingGroupon(aplatformemployinggrouppurchasingpowertosecurelargerdiscounts)hasincreased.Ithasbecomeaveryattractiveshoppingmethodthatcangreatlyreducethepriceofproducts. MoreoverseasbrandshavejoinedinthiseventwiththeexpandinginfluenceofDouble11. TheTmallDouble11Format Shoppingonlinethroughcellphones TmallhasannounceditsformatforDouble11—2021:theshoppingfestivalistobeheldintwophases: ThefirstphaseisfromNovember1stto3rd.Accordingly,pre-salewasfromOctober20thto31st. ThesecondphaseisfromNovember4thto11th,andthepre-saleperiodwilllastfromNovember4thto10th. Bothpre-saleperiodswillstartat8p.m.,consumerswillnolongerhavetostayuplateforpre-orders.Accordingtothepre-salestatssofar,itispredictedthattheGMVwillhitanewhighduringthe2021Double11Festival. JoiningDouble11ShoppingFestivaloutsideChina Double11ShoppingFestivaloutsideChina DoubleElevenShoppingFestivalhasbecomeagrandfestivalforChinesepeopleandeventhewholeworld.Withthefastdevelopmentininternationallogistics,cross-bordershoppingisbecomingmoreandmoreconvenient,whichhasallowedpeopleoutsideChinatojoinintheDouble11ShoppingFestivaleasily. InRussia,onlineshoppinghasbecomeapartofdailylife.ThiscanbeseenthroughthepopularityofshoppingforfoodanddigitalproductsfromChinathroughAliexpress.com(Aliexpress.comisTmall’sinternationalversion),especiallyduringDouble11. IntheUnitedStatesandEurope,besidesthetraditionalshoppingseasons,Double11isalreadyoneofthemostinfluentialshoppingfestivals. InSoutheastAsia,locale-commercegiantsShopeeandLazadahavealsojoinedtheshoppingfestival.Duringthefestival,tostimulatespending,theyprovidevariousonlinepromotions. Itispredictedthatconsumersfrommorethan230countriesandregionswillparticipateinDouble11of2021.Thisfestivalisaffectingmoreandmorepeople'slives,andnomatterwheretheyareintheworld,nowtheycaneasilyjoininthisfestival.  WhyDouble11isAttractivetoConsumers? GreatdiscountonDouble11 Thegreatdiscounts,ofcourse,comefirstamongallthereasons. Theinspiringlivestreamadvertisementsstimulateastrongconsumerinterest.Itcanfeellikeamissedopportunityifyoudon'tpurchaseanythingatthisfestival.  Onlineshoppingisnotlimitedbygeography.Evenineconomicallybackwardplaces,commoditiescanbeboughtonlineanddeliveredthroughtoday’slogisticsandexpressdelivery. HowtoParticipateintheDouble11Promotions Consumerisshoppingonline Shops Therearedifferentrulesfordifferentonlineplatforms.Forexample,ifyouwouldliketoparticipateinDouble11onTmallasashop,youwouldneedtoapplytotheTmallplatformandreceiveitspromotionrules,andthenfollowthem.Tmallsupervisesandauditsqualificationforparticipatingshops.EachauthorizedshopgetsaDouble11markfortheirshopandgoodstoletcustomersknowtheyareapproved. Consumers Youcouldcomparethepricesacrossdifferentplatformsandcheckwhatdiscountsandcouponsareavailable.Forexample,youcouldgetashoppingcouponfromTmalloranotherparticipatingshop... TheseshoppingcouponscanbeappliedtoallshopsthathavebeenapprovedasDouble11promotionshops.Onthisbasis,eachshopwillprovidedifferentdeals,suchasbuyonegetonefree,20%offforthreeitems,30%offfouritems,or199yuanoff. Themostexcitingdealsaretheseckillings(likethegaming‘killswithinseconds’):ifacustomerpayswithinthefirst5/15/30minutesofDouble11,theycangetexceptionaldiscountsorgiftsonlimitedoffers.Thismakeszeroo'clockofNovember11aninvisiblefighttogettherefirstandanonlinebinge. Double11NightGala—Warm-UpfortheShoppingRush TmallDouble11NightGala TheDouble11NightGalawasfirstrunin2015.It'saliveshowthemedaroundDouble11shoppingandcombinedwithstars’performancestoattractmoreviewingtraffic.CustomerscanwatchtheliveshowthroughTVorvideowebsitestoparticipateintheinteractivepromotions.Theprizesincludeluckymoney,shoppingcoupons,orusingonlyonepenny(yuan)tobuyacommodity. Alotofsuperstarshaveparticipatedinthisgala,suchasTaylorSwift,JackyChan,ScarlettJohansson,andKatyPerry. OtherPopularShoppingFestivalsBesidesDouble11 618ShoppingFestival:createdbyJD.com,wasfoundedonJune18th,1998,andso618ShoppingCarnivalalsomarkstheanniversaryofitsfoundation. Double12ShoppingFestival:itsscaleissmallerthanDouble11andthe618ShoppingFestival,butcommodities’pricesarelowerthanusual. WhyTravelwithChinaHighlights YourWellbeingisOurPriority. 1-to-1travelexpert Vaccinatedguides PrivateRides YourTripisPerfectlyPlanned. Nocrowds ExclusiveExcitingExperiences YourBookingisRisk-Free. 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