luxury firstlook 2020 - iris chan 2020.1.13...chinese luxury consumers are exposed to around four to...

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CHINA RULES. What the World’s Most Demanding Luxury Market Wants from Brands

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Page 1: Luxury FirstLook 2020 - Iris Chan 2020.1.13...Chinese luxury consumers are exposed to around four to five touch points during the discovery and research phase – and over 60 percent

CHINA RULES. What the World’s Most Demanding Luxury Market

Wants from Brands

Page 2: Luxury FirstLook 2020 - Iris Chan 2020.1.13...Chinese luxury consumers are exposed to around four to five touch points during the discovery and research phase – and over 60 percent

OMNICHANNEL

Chineseluxuryconsumersareexposedtoaroundfourtofivetouchpointsduringthediscoveryandresearchphase–andover60percentofthesetouchpointsaredigital.However,whenitcomestopurchasing,only12percentofthemtakeplaceondigitalplaBorms.

“WeChatLuxuryIndex2019Part2,DLG(DigitalLuxuryGroup)andJINGdigital

Page 3: Luxury FirstLook 2020 - Iris Chan 2020.1.13...Chinese luxury consumers are exposed to around four to five touch points during the discovery and research phase – and over 60 percent

SOCIAL MEDIA

“REDhaseffecGvelyreplacedsearchenginesasusersbrowseproductreviewsandcomments,andTikTokprovidesentertainmentwithshortvideosoninfinity-scroll.

LuxurySocietyKeynote2019inShanghai,Panel:NewPlaFormsandHowtoPlay

Page 4: Luxury FirstLook 2020 - Iris Chan 2020.1.13...Chinese luxury consumers are exposed to around four to five touch points during the discovery and research phase – and over 60 percent

E-COMMERCE

…NotpartneringwithplaBormsmeansyouactuallylosecontrolofhowyourbrandisrepresentedasthatpoweriscededtothirdpartysellers.

“BusinessofFashion,2019CaseStudy:HowDiorPluggedintoDigitalChina

Page 5: Luxury FirstLook 2020 - Iris Chan 2020.1.13...Chinese luxury consumers are exposed to around four to five touch points during the discovery and research phase – and over 60 percent

E-COMMERCE

SeNngupane-commercepresenceonmarketplaceslikeTmall–whichisvisitedonanaverageof20GmesperweekbyGenZconsumers–presentsahugeopportunityforcompaniesindrivingsalesandstrengthentheirbrandequity.

“LuxurySocietyChinaBriefing2019inParis,TmallLuxuryonHowLocalizedContentDrivesSales

Page 6: Luxury FirstLook 2020 - Iris Chan 2020.1.13...Chinese luxury consumers are exposed to around four to five touch points during the discovery and research phase – and over 60 percent

E-COMMERCE

UnlikeinWesternsocieGeswheree-commerceplaBormstendtodirectlyfeedcustomeracquisiGonandsales,Chinesee-commerceplaBormsserveaspectrumofpurposes–fromraisingawareness,toengagingandacquiringcustomers.

“LuxurySocietyChinaBriefing2019inParis,DLGonOmni-ContentMarkeUng

Page 7: Luxury FirstLook 2020 - Iris Chan 2020.1.13...Chinese luxury consumers are exposed to around four to five touch points during the discovery and research phase – and over 60 percent

SOCIAL CRM

Inthefirsthalfof2019,QRcodesrecruitedover36.1%offollowers,whichmakesitthetoprecruitmentchannel.ItevensurpassesSearch(25.6%),whichisdirectlydrivenbybrandequity.

“WeChatLuxuryIndex2019Part2,DLG(DigitalLuxuryGroup)andJINGdigital

Page 8: Luxury FirstLook 2020 - Iris Chan 2020.1.13...Chinese luxury consumers are exposed to around four to five touch points during the discovery and research phase – and over 60 percent

DLG. (Digital Luxury Group)

STRATEGIC Impactful digital strategies

Technologically adept

CREATIVE Inspiring designs

SAVOIR-FAIRE Luxury industry experts

INNOVATIVE

WHO WE ARE.

CRM E-COMMERCE

SOCIAL MEDIA

Page 9: Luxury FirstLook 2020 - Iris Chan 2020.1.13...Chinese luxury consumers are exposed to around four to five touch points during the discovery and research phase – and over 60 percent

DLG (Digital Luxury Group) is the digital partner of forward-thinking luxury brands. With offices in New York, Geneva and Shanghai, DLG blends luxury savoir-faire, industry insights, and digital expertise to provide end-to-end services ranging from digital marketing and communication, to e-commerce and CRM.

INTERESTED IN LEARNING MORE? Connect with me for more insights on digital marketing strategies and how to better engage your audiences, including our full 2019 WeChat Luxury Index Report releasing end of February 2020.

IRIS CHAN. Partner & International Client Development Director Email: [email protected] WeChat ID: irisivychan