AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
4min chapter
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
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode