Hyperlocalized Marketing in China: Live Streaming E-Commerce, and KOLs

May. 15th, 2020

Jocelyn Sun

Free


Bakground


China’s online live streaming industry has been growing steadily over the past five years. According to data, the user scale of China’s online live streaming industry has grown to 504 million in 2019 and is expected to reach 526 million in 2020.

In 2019, “live streaming+” programs were successively launched on online platforms. “Live streaming + E-commerce” has proven to be a successful combination, with 40% of respondents in one survey reporting having watched this type of program. E-commerce head players like Taobao, live streaming companies such as Kuaishou, and other platforms have invested heavily in live streaming.

However, there is one group that makes all this possible, that is, KOLs. Over the past two years, a large number of KOLs have risen to prominence in China. They are active in different e-commerce platforms, with distinct personal characteristics and strong influence. Some popular KOLs like Viya and Austin (Li Jiaqi) have more than 10 million fans and can drive annual sales with transaction values in excess of 100million yuan (approx. $15million). This webinar will focus on explaining the close relationship between live streaming, e-commerce, and KOLs.

Contents


  • Background: An Overview of Chinese Live-streaming E-commerce

1.1 Timeline and Development

1.2 Market Size

  • Live Streaming E-commerce Platforms

2.1 Who has joined the live streaming e-commerce business?

2.2 Introduction of Head Players in China: Taobao, Douyin/Tiktok, Kuaishou

2.3 Comparison: Target Audience, Consumption Data, etc.

  • The Influences of KOLs

3.1 The Relationship between KOLs and Platforms

3.2 Trump Cards of Different Platforms: Viya & Austin (Li Jiaqi), Luo Yonghao, Xin Ba

3.3 Case Study: Apr. 1st 2020 Witnessed Three Crazy Money Makers

  • Suggestions for Overseas Merchants

4.1 For New Entrants: High return accompanies high risk

4.2 For Existing Companies: Keep pace with the new game rules

4.3 Conclusion

Schedule


Date Time (GMT+8) World Clock Language
2020-05-15 10:00 ~ 11:00 Melbourne: 12:00-13:00 English
21:30 ~ 22:30 Paris: 15:30-16:30
New York: 9:30-10:30
English

Speaker


Jocelyn Sun
Research Analyst

Having expertise in imported food market, tracking the latest news and information, and analysing the data, impacts and possibilities of regulations and policies.

Contact Information


EMAIL: cosmetic@chemlinked.com

TEL: +86 (0) 571 8609 4444