social commerce & good daily deals in china
DESCRIPTION
Overview of the Chinese Daily Deal Industry What makes a deal a Top Deal? Is Group buying Social Commerce?TRANSCRIPT
© Dataotuan.com – TFM&A 2011
dataotuan.com
Gemme van Hasselt - Co-founder
Social Commerce & Good Daily Deals
洞察社会化电子商务,打造热卖团购
© Dataotuan - TFM&A 2011
Dataotuan Tracks Dataotuan Collects
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About Dataotuan.com 关于大淘团Dataotuan, a unique tuangou aggregator and analytics platform in
China.
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Deals & Revenue per District
Number of “real’ active Cities/Provinces
314 cities in Mainland China(*)
Deal Title
Price (Original, Current, Abs. And % Discount)
Number of Sold Deals
Category/Sub Category
Availability in Time
City, District, Latitude/Longitude
Weather & more
3000 – 7000 new deals every day
Number of Deals
Gross revenue Province,
City, District, Category, Sub Cat.
152 of the main Daily Deal Sites
© Dataotuan - TFM&A 20113
About Dataotuan.com 关于大淘团Dataotuan’s Mission
> Recommend the best deals to our users
> Help Daily Deal companies to offer better deals
> Advice the Finance/investment industry about the Daily Deal Market
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Today 今天的话题
Today I like to share with you our insights on:
1. The Daily Deal Industry & What makes a deal a Top Deal
2. Is Group buying Social Commerce?
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Have you bought Daily Deals? 你买过团购吗?
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Tuangou Sites in China 中国的团购网站类型
In China there are 2 types of Daily Deal Companies
1. Pure Tuangou websites: Lashou, Meituan, Manzuo, 55tuan, etc
2. Tuangou Channels: Nuomi (Renren), TuanQQ, Dianpingtuan, t.58 etc
© Dataotuan - TFM&A 20117
Top 20 Tuangou’s 团购网站 20强
QQ, 12.0%
55tuan, 9.6%
Lashou, 9.0%
Meituan, 7.0%
Dianping, 6.8%
Manzuo, 6.6%Nuomi, 5.8%
24quan, 5.6%
58tuan, 5.0%
Ftuan, 4.3%
Gaopeng, 4.2%Ganji, 2.8%
Gocn, 2.2%
Juhuasuan, 2.2%Didatuan, 2.1%
Juqi, 1.8%
Ayatuan, 1.4%
Pintuan, 1.2%Tuanok, 1.0%
Shuangtuan, 0.8%
Others, 9.0%
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3
1
Market Share August (Revenue)
© Dataotuan - TFM&A 20118
What Is a Top Deal 热卖团购的特征
A Top Daily Deal is exactly what you would expect
> The terms are flexible
> It's about quality not just price
> The merchant is trustworthy
> It’s redeemable in several locations
© Dataotuan - TFM&A 20119
Top Deals Analytics 热卖团购与总体对比
20915
992186
Average Revenue (Rmb)
Top deals generate 48 times more revenue
Total Average
Top Deals Average
66%
57%
Average Discount (%)
Top deals have less discount
1039
21128
Average Nr. Sold
Top deals sell 20 times more
101
266
Average Price (Rmb)
Top deals higher price after discount
© Dataotuan - TFM&A 201110
Top Deals Analytics 热卖团购网站分析
Dianping, 19%
Nuomi, 13%
Manzuo, 12%Meituan, 9%QQ, 7%
55tuan, 6%
24quan, 5%
Ftuan, 4%
Ganji, 3%
Didatuan, 3%
Gaopeng, 3%
Lashou, 2%58tuan, 2%Others, 12%
Dianping, as in June and July, again has the biggest percentage among the top deals, followed by Nuomi and Manzuo.
© Dataotuan - TFM&A 201111
Failed Deals 失败团购一览
Failed Deals: Nr Sold < 5
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How Social is Tuangou? 团购真的社会化了吗?
You can’t read reviews about previous deals & cannot compare similar offers
There’s no follow up after the Deal by either the Deal website or the merchant
You can’t provide recommendations/feedback about the deal
Tuangou websites are only social as far is it involvesinviting others to buy the same deal
It’s good, smart e-commerce but it’s not real social commerce.
It’s one-way “Social” Commerce
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Let’s take a step back
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Social Circles 社交圈子
2011 Years ago
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Social circle 2011
Close Family
Far Away FamilyFriends
Friends of FriendsColleagues
Friends of Colleagues
Strangers I’m Connected To
Friends of Strangers I’m connected to
People I follow
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Social Circles 社交圈子
© Dataotuan - TFM&A 2011
Social circle 2011
Close Family
Far Away FamilyFriends
Friends of FriendsColleagues
Friends of ColleaguesStrangers I’m Connected To
Friends of Strangers I’m connected to
People I follow
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Social Circles 社交圈子
Share your opinion on Weibo Review on Dianping
Recommend using QQ/MSN
You write on a BBS
You play on Renren/Kaixin001
And... talk in real lifeto other people about your experienceAt work, at home, at dinners
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Social Commerce 社会化电子商务
Social commerce is the use of social network(s) in the context of e-commerce transactions
Source: wikipedia
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Source: socialcommercetoday.com
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Social Commerce 社会化电子商务
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Real Social Commerce 真正的社会化电子商务
Real social commerce is where I can read
Reviews/Recommendations before I buy
Share/Recommend after using the deal
Real social commerce is transparency
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Dell Gets It A Bit 戴尔的案例
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Dell Gets It A Bit 戴尔的案例
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1 Day – Many Days
Tuangou websites offer local service deals, restaurants, beauty salons, etc More and more they offer products, like cosmetics,fashion, trips, etc.
Deal availability longer and longer, the daily part is getting lost
Number Deals Increase every month, the one deal only is long in the past
Local – National
Number of Deals – More and More
团购在向传统电子商务演进Tuangou’s more like “normal” e-commerce
© Dataotuan - TFM&A 201123
Future of Tuangou 社会化的团购未来
Get Social
If the experience was bad, say sorry, send them a coupon 20% off to try the same place
If the experience was good, say great, send them a coupon 10% off to use at the same place
> Build a relationship with the buyers
> Ask what kind of deals they want to receive
> Share with new buyers reviews, positive/negative of the venue
> Follow up after the deal, ask them about their experience
> Build up retention, give them a reason to come back
© Dataotuan - TFM&A 201124
Thank You 谢谢!> We recommend the best deals to our users
> We help Daily Deal companies to offer better deals
> We advice the Finance/investment industry about the Daily Deal Market
> More info: www.dataotuan.com & blog.dataotuan.com