S4 E9: CAC Size Matters/Shopping Holidays/Chinese Furniture
Limited Supply
The Importance of a Singles Day Sale
Last year, singles day did $84 billion in sales, gross sales, which was actually flat from 2021. President Xi Jinping's opinion lowered how much live streaming was done last year because he's not a fan of what it does for China celebrity culture or the perception of Chinese culture. So on June 2nd, have you played around with the shop app on your phone? No, eight days ago was Shop Day. I'm in e-commerce and I've never heard of it. But even within that, in 14 hours, they did a billion dollars in live stream sales,. It seems like it would never happen in this side of the world just based on regular user behavior and shopper
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
