iwom watch 2012 compilation_ecommerce (part 7)

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© 2011 CIC IWOM WATCH © 2012 CIC IWOM WATCH COMPILATION 2012 IWOM WATCH 网论2012

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Page 1: IWOM watch 2012 compilation_ecommerce (Part 7)

© 2011 CIC IWOM WATCH © 2012 CIC

IWOM WATCH COMPILATION 2012

IWOM WATCH

网论观察 2012

Page 2: IWOM watch 2012 compilation_ecommerce (Part 7)

PAGE. 3-4

eCommerce and Customer Care PAGE. 5 eCommerce Development in the Last Year PAGE.6 eTao’s Comparison Feature and Brand Cooperation

E-COMMERCE

Page 3: IWOM watch 2012 compilation_ecommerce (Part 7)

Summary

Chinese social networking site Renren has recently collaborated with CHANet to launch an ecommerce platform that offers rebates on purchases from www.renrenfl.com (still under building). Renren has so far partnered over 200 e-commerce sites, including e-commerce giants Vancl.com, Newegg.com.cn, 360Buy.com and Mbaobao.com. Users can earn bonus points for shopping at partner sites and redeem them for Renren services or cash coupons. Renren users can also use their accounts to log in to hundreds of e-commerce sites for an even more convenient, and social, online shopping experience.

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eCommerce and Customer Care

Renren’s Rebate Service Reaps Rewards

Page 4: IWOM watch 2012 compilation_ecommerce (Part 7)

CIC View

Renren’s rebate service represents a landmark cooperation between SNS and e-commerce, which benefits both brands and consumers. By establishing a new marketing model, Renren have taken a big step in monetization of social media and increased community and user stickiness. Its ecommerce partners can use Renren’s platform to spread discount information and reach more potential customers. Users benefit from this integration with an improved shopping experience, including redeeming points for Renren services, cash coupons and bonuses on partner sites. Social media is imposing increasing influence on sales and all the while, developing a standard of measurement for social engagement efficacy.

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Boost interactivity

SNS Media

Renren Users

Improved shopping

experience

Redeem points &

cash coupons

Information about

discounts

Bonus points from

partner sites

Ecommerce Sites

More potential

customers

Monitoring

Lower costs

Spread of discount

information

Profit growth

eCommerce and Customer Care

Renren’s Rebate Service Reaps Rewards

Page 5: IWOM watch 2012 compilation_ecommerce (Part 7)

CIC View

eCommerce is evolving to incorporate social sharing sites, like Huaban, to social purchasing sites, like Mogujie, then to price comparison websites like Etao. The development of ecommerce hinges on making purchasing ever more convenient. The process of finding the right product has two simple principles; suitable goods and a suitable price. Mogujie takes care of the first part and Etao looks after the second. If one ecommerce site had these two features, it would be a breakthrough.

eCommerce Development in the Last Year

Social Connection and Ecommerce

Social Sharing

•感觉杂了点

•希望别变成淘宝店长集中营[link]

Social Purchasing

•蘑菇街的东西好给力啊!!!!我还正愁着怎么在网上淘

到特好看的东西呢!!!给力[link]

Price Comparison

•一淘垂直比价太牛了,以后出差就方便了,刚与员工做好

交流,花了十分钟时间在一淘上搞定一家只花188元在上

海松江的四星豪华酒店[link]

Social Sharing

Price Comparison

Social Purchasing

Boom in “Pinterest” drives a connection between social and ecommerce. Etao is far beyond this, it combined goods search and price comparison, making shopping more convenient.

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Page 6: IWOM watch 2012 compilation_ecommerce (Part 7)

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Brand Could Cooperate with eTao to Tackle Netizens’ Concerns

eTao’s Comparison Feature and Brand Cooperation

Sample Quote: 自从有了一淘网, 再也不用担心东西买贵了, 买东西用一淘比价, 那里便宜去哪里.[link] I do not need to worry about high price products anymore, because I could use eTao price comparison feature and buy any cheap products I want.

Sample Quote: 其实一淘比价真的不错,可以比价,还有推荐,有聚划算…让网购更加便宜…[link] The price comparison feature was really good…it made online shopping more affordable…

Sample Quote: 至于一淘,因为实在太淘宝,重复多,质量不咋地,满意少[link] As for eTao, it was based on taobao.com, too many products seem alike, low quality, and really hard to satisfy customers.

Sample Quote: 一淘上怎么都是假货丫,还让不让人买了[link]Why there were so many fake products on eTao? How could I shop on this website?

Positive: Cheap Price

Brand Could…

CIC View Netizens did like to shop on eTao thanks to the comparison feature and cheap price. However, some of them worried about fake products and quality problems.

Brands could cooperate with eTao to launch campaigns, promotions of ensured products, and advertise themselves via the platform.

Negative: Fake Product

Page 7: IWOM watch 2012 compilation_ecommerce (Part 7)

IWOM WATCH About CIC

CIC is China's leading social business intelligence provider, enabling enterprise to fully leverage the power of social media and Internet Word of Mouth (IWOM) intelligence across the organization. Since 2004, CIC has pioneered IWOMized technology, research and consulting. Firstly, by coining the term IWOM and then being the first to raise the concept of “social business” in China. As the industry thought leader, we have always been at the forefront of China’s internet and social business revolution. CIC is China’s largest integrated 3rd party provider of technical IWOM solutions, social media studies and social business intelligence. In order to help companies effectively leverage this social business intelligence, CIC provides customized research, consulting services, syndicated reports, and industry trend watches, rich in actionable insight. In addition to helping brands accomplish their social business aims, CIC is also monetizing the social business industry in China, creating an integrated social business support system (IWOMmaster), powered by our proprietary technical solutions and platforms. CIC utilizes its own patent pending technology to capture millions of online conversations and “makes sense of the buzz” by analyzing them to draw out insight that leads to more effective action. CIC gathers and mines over 100 million naturally occurring consumer comments every month, from a range of uniquely Chinese social media platforms including blogs, BBS, microblogs and social networking sites, then by applying our unique, China focused methodology, provide a comprehensive picture of the social media landscape and its implications for business. To date, CIC has archived almost 7 billion mentions of brands and products, from over 2 billion consumer comments. CIC has developed solid, long-term retainer relationships with leading multinational agencies and Fortune 500 companies. For over 8 years, CIC has persisted in analyzing the milestones of China’s social media landscape, sharing the most innovative concepts and practices in IWOM in white papers and trend watches of various industries. We’ve always been committed to providing an unbiased, third-party perspective, to enrich the whole industry and help enterprise grasp the revolutionary opportunities brought about by the development of social business. In early 2012, as China’s leading social business intelligence provider, CIC agreed to be acquired by WPP’s Kantar Media, the media research and insight division of Kantar, as a move to strengthen its position and with aim to expand its social offering across Asia Pacific. Kantar Media has over 5,000 employees around the world, is currently working with 22,000 companies, tracking 3 million brands across 50 countries. As the consumer insight arm of WPP, Kantar Media provides strategic advice and competitive intelligence to the world’s leading brands, publishers, agencies and industry bodies, helping them navigate and succeed in a rapidly evolving media industry. (media release) CIC will continue to provide social business intelligence from an objective, third-party perspective, to the world’s leading brands and agencies.

© 2012 CIC

Page 8: IWOM watch 2012 compilation_ecommerce (Part 7)

IWOM WATCH

What is IWOM Watch:

A monthly digest of the hottest trends, creating the biggest buzz, reflecting China’s unique online culture. CIC’s exemplary

case studies and detailed analysis of the month’s most significant online marketing campaigns allow you to listen, know,

and participate in China’s unique digital community.

As the industry’s thought leader and pioneer of Internet Word of Mouth (IWOM) and social business in China, our finger is

always on the pulse of the hottest online issues and influential IWOM. Since 2006, our monthly Watch reports have been

distilling social business intelligence that not only keep our retainer clients on the leading edge of China’s IWOM, but also

inform their strategic planning with insights into platform development, netizen behavior and social culture of the world’s

largest, most dynamic and fragmented digital landscape.

In this IWOM Watch compilation, we have collected and categorized a series of articles that bring 2012 into focus. For

marketers, this is a year in the life of China’s social Internet.

The majority of the pictures and related quotes are from publicly available information.

This report is copyrighted material owned by CIC. Any improper use of this document or its content will be considered a

violation of CIC IP copyright and CIC has the right to take legal action.

Copyright Statement

About IWOM Watch

© 2012 CIC

Page 9: IWOM watch 2012 compilation_ecommerce (Part 7)

IWOM WATCH CIC IWOM watch archive

2012: 2012 IWOM Watch Travel Special Edition | view IWOM watch Compilation 2011 | view 2011: IWOM watch Special Edition: Microblog | view 2010: IWOM watch Special Edition: LBS (Location-based service) | view IWOM watch compilations from 2006 to 2010 (part 7) - How brands marketing under social media age | view IWOM watch compilations from 2006 to 2010 (part 6) - Interaction in virtual gaming world between brands and netizens | view IWOM watch compilations from 2006 to 2010 (part 5) - The inspiration from “Shai”,“Show” culture for brand marketing | view IWOM watch compilations from 2006 to 2010 (part 4) - Spoof – Brand’s “ending” or “chances”? | view IWOM watch compilations from 2006 to 2010 (part 3) - Viral videos storm come up with brands | view IWOM watch compilations from 2006 to 2010 (part 2) - Brands Crisis upgrade to 2.0 | view IWOM watch compilations from 2006 to 2010 (part 1) - New product promotion way through new media - Seckill & Group purchase | view

2009 IWOM watch 2nd half year review 2009 | view IWOM watch 1st half year review 2009 | view 2008 IWOM watch 2nd half year review 2008 | view IWOM watch 1st half year review 2008 | view IWOM watch May Special Edition (Sichuan Earthquake) 2008 | view 2007 IWOM watch 2nd half year review 2007 | view IWOM watch 1st half year review 2007 | view 2006 IWOM watch 2nd half year review 2006 | view

If you would like to find updated IWOM intelligence (CIC White paper, IWOM Watch and Social business eNewsletter) in one place, then apply for your IWOMmaster ID now.

View more on IWOM Backstory

© 2012 CIC

Page 10: IWOM watch 2012 compilation_ecommerce (Part 7)

IWOM WATCH Join CIC Community

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If you would like to find updated IWOM intelligence (CIC White paper, IWOM Watch and Social business eNewsletter) in one place, then apply for your IWOMmaster ID now. Facebook.com/ciccorporate

Page 11: IWOM watch 2012 compilation_ecommerce (Part 7)

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