China Biggest Online Shopping Day also refers to as Double 11 is the biggest online shopping day in the world.
Well, while most of us might think as this china’s largest shopping day as an international Black Friday due to the fact that the shopping now includes more participant from other countries.
Table of Contents
- 1 How China’s Singles Day Came About
- 2 How to Participate in China Biggest Online Shopping Day
How China’s Singles Day Came About
Every November 11 young Chinese people to celebrate their pride in being single and this day as marked a holiday among the people of China. The China Singles Day has celebrated relationship of over 4,000 couples.
Although the Chinese Singles’ Day or Bachelors’ Day is based on two stories:
The first story is that it originated at Nanjing University in 1993 as a discussion between four male students at the University who were all single and decided to celebrate their honor of being single.
While the second was that of a male student of Nanjing University called Mu Guang Kun or better still Guang Gun whose girlfriend was diagnosed with cancer during his second year at the University and later died.
It was stated that Guang Gun after the death of his girlfriend would place a candle on nearby rooftops in memory of his deceased girlfriend. Later on, oh his birthday his roommate joined him to perform the rite.
After this, the day became a holiday at the university and grew to become the national, commercialized festival that is celebrated.
Singles’ Day celebrations spread to several other universities in Nanjing during the 1990s. The holiday was named “Singles’ Day” because of its date which is November 11 in which 1 represent an individual.
Now the day is being celebrated by both genders as the desire to find a spouse or partner is often expressed by young Chinese people on this date, while other love-related issues are discussed by the Chinese media.
How Online and Offline shopping Became Part of China’s Singles Day
According to BBC, Chinese retailer and E-commerce giant Alibaba caught on to China’s Singles Day and has turned it into the largest online shopping day in the world.
It was also revealed that more than one million retailers worldwide took part in November 11 2017, including US department store Macy’s.
Alibaba which is one of the most international shopping site from China emerges a world record for most payment transactions. It’s Mobile wallet App which is Alipay recorded 256,000 payment transactions per second.
Not just that a total of 1.48 billion transactions was recorded through Alipay within 24 hours and Alibaba logistics affiliate delivery orders were close to 700 million which makes it bigger than America’s biggest shopping day which are Black Friday and Cyber Monday.
Alibaba China’s Singles Day has recorded over $25 billion from shoppers. The shopping event which started in 2009 with just 27 sellers has now expanded to thousands of sellers.
The year 2017 had been an amazing year for 140,000 sellers as 15 million product was listed and 812 million orders were placed with 24 hours.
Things You Should Understand Now About The China Singles’s Day Coming
Unlike before whereby its only participant from the country alone, the China Single Day Shopping will be available to more foreign participant.
According to the managing director of AliExpress Wang Mingqiang revealed that there will be a lot of chances for foreign buyers who which to participate in this year’s China’ Single Day Shopping.
AliExpress which is a retail platform and subsidiary of Alibaba that allows Chinese merchants to sell directly to foreign customers online will be available in 13 different languages on the day of the shopping event.
Those languages will also include Hebrew, Arabic, Japanese and Korean. The shopping will also accommodate customers from ten different countries such as Russia, Saudi Arabia, Ukraine, United States, France, Spain, Poland and some others.
AliExpress has also solved the time differences which might want to be a constraint to the event by making sure it will last for two days which is November eleven and twelve.
Remind Me: Is China Singles’s Day Online Shopping Event Truly The Biggest in the World?
Yes! China’s Singles Day shopping is the biggest shopping in the world according to our research. Before Alibaba turned China’s Singles Day into an online shopping day, Black Friday and Cyber Monday were then the worlds biggest shopping online day.
But in 2017, Alibaba China’s Singles Day overtook the position has they recorded a profit of $25.3 billion from shoppers and also the E-commerce website hit a record $18 billion in just 13 hours.
Black Friday and Cyber Monday accounted for $12.8 billion in 2016 making them below the Alibaba China’s Singles Day.
Goods To be Displayed on Alibaba China’s Singles Day
According to last years report, the event will showcase much products from retailers in China including Alibaba owned platform “Tmall” and JD.com which has become a competitor to the e-commerce giant.
Discount will be offered on varieties of good like Household items, Electronic, Gadget, Clothing, Beauty supplies, Cars etc.
How to Participate in China Biggest Online Shopping Day
With the inclusion of Foreigner in this years China’s Single Day shopping event, it is now very easy to participate.
You can either visit the second largest online direct retailers in China JD.com or Jingdong Mall.
I have noted it down before that JD.com is like a competitor to Alibaba when it comes to China’s e-commerce business.
According to Flogship, you don’t need to have a legal entity or bank account in China so this lower the barrier of receiving and sending money from buyer to seller.
They will also help with marketing your product to their wide users and also access to its nationwide logistics.
Another way to participate is through TMall.com which is the online shopping site of Alibaba.
Check their sites to see their requirements in setting up a store as a company who want to sell is product.
Don’t forget that JD.com tends to be the preferred choice for product categories such as home appliances and electronic equipment, TMall is the place shoppers turn to for branded clothes, cosmetics and F&B.
We are expecting the profit margin between last year and this year to be more different. China Biggest Online Shopping Day will commence from the start of the day.
We hope you get a better product from this year China’s Single day shopping event.