?? Mastering the Key Consumer Profiles of 11.11 Shopping Festival ??
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Referencing the data released by Alibaba, we've categorized?5 different consumer profiles within the whole shopping festival period.
Understanding them and adapting your?strategy?to the?full cycle of the shopping festival can really make a difference, not only in sales revenue, but also?how the brand is connecting to the consumers.
Here's the 5?customer profiles?to take note of:
Regarding the?product category, we found out:?
Besides ‘The Frontliner’ and ‘The Committed’, the other 3 customer profiles, which stand?80%?of the 11.11 consumers,?remained active?during the whole shopping festival. Brands should take note of the change in consumer behavior among the phases.
It should also be noted that:
40% of the consumers are consistent in their consumer behavior and brands should maintain the stability with the right business strategy.?
On the other hand, the remaining 60% have?potential?to transform into other consumer profiles, brands should be adaptive to the impending trends and maximize on the new business growth.
EXTRA READ:?ALIZILA