Fun-filled e-commerce boosts consumption


Internet celebrities: Content creators are increasingly making money by promoting products through live-streaming. — China Daily/ANN

ON Nov 6, 2018, Chen Weijie, 30, an online celebrity based in Meizhou village, Guangdong province, South China, sold 160 million yuan’s (RM95mil) worth of products during an eight-hour live-streaming session on Kuaishou, a short video platform. The marathon online sale was almost non-stop, except for short breaks to drink water or answer calls of nature.

Welcome to China’s online world of short videos that is fast morphing into content-driven e-commerce. Here, people such as Chen sell 30,000 toothpastes within one minute, or nearly 100,000 pieces of thermal underwear in about 10 minutes, or 10,000 Xiaomi smartphones during a live-streaming session.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In SMEBiz

America’s top stock picker Benjamin sees beauty in chips
A helping hand for local SMEs on their halal journey
Be one of Malaysia’s Growth Champions
SMEs can now seek financing from MFA
Furniture sold online, with a twist
Small business owners receive help to thrive
Supporting the automation dream
Business survival insights from homegrown SMEs
Filling the gap for digital talents
Ultra-rich steered toward new ESG entrepreneurs

Others Also Read