Livestreaming a huge boost for China's economic rebound

By Jorge Holloway
0 Comment(s)Print E-mail China.org.cn, November 4, 2020
Adjust font size:
A woman sells clothes through the live webcast platform of Taobao at Zhili town of Huzhou, east China's Zhejiang province. [Photo/Xinhua]

China's annual online shopping spree known as "Single's Day" is fast approaching, which means a huge commercial boom for e-commerce in the country. Ranging from established giants such as Alibaba which can rake in as much as $30 billion, to independent small businesses which cater for China's complex and diverse niche youth markets, trading on Nov. 11 dwarfs sales from Black Friday in the U.S. by an order of magnitude. Technology is playing a significant role in accelerating this annual shopping frenzy, with the phenomenon of livestreamers helping to drive sales.

Livestreamers internationally are becoming household names, and in China this system can both advertise and facilitate growth for e-commerce businesses via convenient in-app infrastructure and influencer-specific discount codes. In the West, the term influencer is used increasingly as marketing jargon evolves to keep up with the world of Instagram and TikTok. 

Well-known livestreaming hosts are classified as influencers when they possess a large following and have the power to affect purchasing decisions through their vast number of followers. This may be due to their authority, knowledge of the product or relationship that they may have with their audience. This factor cannot be understated, and the fact that young people tend to follow both trends and trendsetters underpins this force driving sales. 

The reason why livestreamers are so powerful and contribute toward the success of events such as Single's Day is because these influencers are not just mere marketing tools. Technology has made advertising much more personal, and so the relationships these hosts maintain with their audiences means they may be seen more as assets for brands to capitalize on. 

The accessibility of livestreaming has also created a large number of diverse livestreamers, each with their own distinct niche. Smartphone ownership in China reached 96% in 2018 according to a survey by Deloitte. As such, anyone can turn on their phone, talk about their interests and develop a following which can then be marketed. Whether you are a company selling gym equipment for women in their 20s or fishing equipment for middle-aged men, chances are there will be a livestreamer who will have access to your chosen market. 

This phenomenon has been acknowledged in China on a national level. Back in May, the Ministry of Human Resources and Social Security added "livestreaming host" to a list of officially recognized professions. The hope is that new job opportunities may emerge in an economy which has been hit by the pandemic. 

How long this can be sustained for, however, remains to be seen. Early adopters of this trend were able to achieve strong results with quite amateurish production due to the novelty of livestreaming. Nowadays, however, competition is high. Studio-grade equipment, lighting teams and professional editors helping to polish influencers' messages are commonplace. Paradoxically, pumping money into the streaming industry may in fact result in it losing its appeal, as streaming shows become more and more like generic television adverts. 

To continue growing into an industry which can support jobs as streaming hosts, influencers must be wary of over-polished commercial images and losing their intimate relationship with their followers. An investment into streamlining app infrastructure to help deepen the bonds between streamers and followers may be a better method of strengthening the industry's contribution towards China's economic rebound. 

Live chat options, strong 5G internet connections for seamless shows, giveaways and other creative interaction options are additional ways in which China's livestreaming market can grow to sustain vast sums during events such as Single's Day for years to come. 

Jorge Holloway is a global technology and business commentator based in London, initially specializing in start-ups and technology PR.

Opinion articles reflect the views of their authors only, not necessarily those of China.org.cn.

If you would like to contribute, please contact us at opinion@china.org.cn.

Follow China.org.cn on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: 国产男女插插一级| 婷婷六月丁香午夜爱爱| 亚洲人成无码网www| 狠狠色噜噜狠狠狠狠7777米奇| 国产freexxxx性播放| 高清色本在线www| 国产特级毛片aaaaaa高清| 7777奇米四色| 堕落前辈泄欲便器渡会| 一个人看的www免费高清中文字幕| 无码一区二区三区在线观看 | 美国式的禁忌19| 国产三级精品在线观看| 高清一区高清二区视频| 国产精品bbwbbwbbw| 18禁裸乳无遮挡啪啪无码免费| 在线免费观看亚洲| a级毛片免费观看网站| 强3d不知火舞视频无掩挡网站 | 午夜精品福利影院| 老子影院午夜伦不卡亚洲| 国产亚洲欧美日韩综合综合二区| 麻豆aⅴ精品无码一区二区| 国产成人精品高清免费| 性短视频在线观看免费不卡流畅| 国产精品无码制服丝袜| 8av国产精品爽爽ⅴa在线观看 | 国产精品亚洲欧美日韩区| 91精品欧美综合在线观看| 在线天堂资源www在线中文| free性video西欧极品| 好男人在线社区www在线视频一| 东北女人奶大毛多水多| 成人中文字幕一区二区三区| 中文在线观看www| 把极品白丝班长啪到腿软| 中文字幕无码不卡免费视频| 无码AV免费毛片一区二区| 丰满人妻熟妇乱又仑精品| 无码精品一区二区三区免费视频| 久久久久久久97|