Some time ago, I chatted with a few friends who are engaged in e-commerce, and I found that everyone was very motivated, and the topic of discussion was surprisingly consistent: to find new traffic. One of my friends is in the clothing category and is doing quite well. I asked him for his secret, and he said: In e-commerce, promotion and volume are very important. Not only do you need a keen sense of smell, but you also need to be flexible. I asked him what business opportunities he had smelled recently, and he said he wanted to seize the flow of traffic in the shelf area. Seeing him speak so confidently, I initially thought it was a kind of "survivor bias". But when I saw a piece of data, I found that it was not. Data released by the 2023 Douyin E-Commerce Ecosystem Conference: In the past year, the GMV of Douyin Mall increased by 277% year-on-year, and more than 56% of merchants earned more than 50% of their GMV in the shelf scene. Advertising has become a fuel for the explosion of mall traffic. During the just-concluded 618 period, the number of merchants using mall advertising products increased by 117% compared with the same period of previous promotions, and the average daily order volume brought by mall advertising increased by 330% compared with previous promotions. A friend said something that left a deep impression on me: If you want to get results in Douyin e-commerce, you have to enter the shelf market, and you must become an amphibious species in both the content market and the shelf market. Today we will talk about the value of shelf space and how merchants can implement good advertising strategies in shelf space. 1. Opportunity: Seek growth from shelf spaceA friend told me that some businesses still only understand Douyin e-commerce in the content field, and their marketing strategy relies only on live broadcasts and short videos, ignoring the incremental value of the shelf field. This cognitive misunderstanding is precisely the opportunity point for many businesses that have achieved results to exert their strength. For merchants, it is important to recognize the three advantages of shelf space:
Many businesses do not understand the ecology of e-commerce traffic. I once shared a metaphor: Some traffic ecosystems are like gardens, exquisite and beautiful, requiring meticulous carving and careful care, but because the traffic is of the trickle-down type, it will never grow. Some traffic ecosystems are like artificial forests, neat, uniform and orderly, but the species are single and the traffic cannot be self-sufficient. It needs to be continuously supplied by external resources to grow in large quantities. There is also a traffic ecology that belongs to the " rainforest ecology ", which has two most obvious characteristics: abundant rainfall and diverse species. In this ecology, different species can form resource sharing and synergy effects. Businesses of all sizes and in all kinds have their own unique ecological niches and can obtain appropriate resources from them. I think that Douyin's traffic belongs to a typical rainforest ecology. So my advice to merchants is: if you promote e-commerce business on Douyin, if you stay in a corner and only focus on one pool, you will never get big results. You must use a wide-angle and global perspective to look at the traffic. Then you will find the unique value of the shelf market, and no matter the content market or the shelf market, the traffic between them is integrated and linked. This connection is the driving force of the business growth flywheel and is also a stable business structure that can derive advanced gameplay with a global perspective. 2. Strategy: Full-area promotion and dual-market salesThis advanced way of playing is - global promotion . How to understand it? If we divide promotion into three levels: daily mode without promotion, standard promotion mode and global promotion mode. Then, in the non-promotion daily mode, products and live broadcasts with high-quality content have the opportunity to gain GMV growth brought by natural traffic; in the standard promotion mode, merchants can gain GMV brought by paid traffic; In the global promotion model, there is no distinction between paid and natural traffic. Whether it is promoting live broadcast rooms or products, the overall ROI can be used as the delivery target, and the Douyin global traffic such as Douyin information flow recommendation, live broadcast square, mall, search, etc. can be coordinated and arranged to drive the overall increase of the transaction volume of live broadcast rooms or products. Therefore, as the first product launched by Juleliang Qianchuan, global promotion has become the first choice for e-commerce marketing on Douyin. How does it do this? In summary, it is mainly based on two technical capabilities:
This year, Juliang Qianchuan upgraded its products. It not only iterated on the "global promotion of live broadcast", but also launched the "global promotion of goods", which provides assistance to customers from three dimensions:
Here’s a spoiler: “Global Product Promotion” will be fully launched in mid-to-late August. Platform data shows that using global product promotion can increase the overall GMV of products by 20% to 30%. Merchants can actively pay attention to it and seize the opportunity for business growth. Of course, different businesses have different solutions. Let me explain it with some examples: 1. Promote newcomersThe common characteristics of this type of merchants are: many matrix accounts, great content pressure, and insufficient manpower; some merchants have little promotion experience and are unfamiliar with the platform and operations; in addition, some merchants have growth difficulties in the content field, such as difficulty in attracting traffic to the live broadcast room, unstable traffic, or encountering bottlenecks in the production of original video materials, and cannot find new ways and channels to increase volume. For these merchants, "commodity promotion in all areas" allows you to choose single or multiple products for each smart plan, which can reduce labor costs and effectively improve labor efficiency. Another example is Konka electric shavers, which encountered traffic difficulties in the live broadcast room. After choosing All in Mall promotion, it made full use of "commodity promotion in all areas" and achieved stable operation during the promotion period, increasing the GMV of commodity card payments by 194% month-on-month. 2. Mall AdvancedThese merchants are already relatively mature in the content market, so they want to gain more growth in the shelf market. For these merchants, "Global Product Promotion" supports single/multiple products, does not require frequent adjustments to plans, and can improve labor efficiency. For example, the sports nutrition brand Combite already has short videos of celebrities and influencers, which have provided sufficient promotion for its products and accumulated strong crowd assets on Douyin. Therefore, Combite adopted the strategy of adding high-quality old products to potential new products, realizing multi-product investment, which not only effectively released the team's manpower, but also significantly increased the average daily consumption by 92% after using "global product promotion". 3. Comprehensive merchantsMerchants with strong business capabilities but want to explore more growth. For example, the snack brand Three Squirrels is a very mature merchant on Douyin. On the basis of its main products being selected as platform premium products and obtaining exclusive traffic incentives, it also superimposed "global product promotion", and its ROI increased by 81% month-on-month, average daily consumption increased by 220% month-on-month, and the average daily GMV of the mall increased by 45% month-on-month, which is equivalent to finding the second growth curve. 3. Summary: Evolving into an amphibious species for trafficWhat businesses should always believe is that in the rainforest traffic ecosystem of Douyin, as long as they can master advanced tools and methods, there will be a steady stream of traffic. From the perspective of a merchant, I would like to briefly summarize three points:
Finally, as e-commerce practitioners, this year we need to re-understand Douyin e-commerce marketing and re-plan our own gameplay and strategies in the global traffic ecosystem. Copyright Statement: All content, text, pictures, audio and video materials of this public account are copyright protected. Any media, website or individual shall not reprint, link, repost or copy/publish in other ways without the authorization of this public account. Infringers will be prosecuted. Author: Swordsman |
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