Singapore E-commerce Shopee and Lazada Super Promotion for 11.11

Singapore-based e-commerce companies Shopee and Lazada are holding an 11.11 shopping festival in November. Shopee offers discounts of up to 50%, while Lazada provides vouchers of IDR 1.1 million. Lazada’s parent, Alibaba has held the 11.11 or Single’s Day festival since 2009.

The Chinese giant has scored several times a day’s gross merchandise value (GMV) record. Last year, for example, it reached 268.4 billion yuan or equivalent to IDR 538.5 trillion. This year, Alibaba will present more than 14 million products from around 250 thousand brands (brands). As many as 800 million consumers are estimated to participate in this festival.

“This year we want to start with something new, with more innovation. Redefining 11.11 as a new cycle,” said Alibaba Group Chief Marketing Officer, Chris Tung, during a virtual press conference, Thursday (29/10).

Lazada will Collaborate with more than 70 Brands

While Lazada will add more shoppertainment content, one of which is launching an exclusive game, Happy Bounce. “Players can win Lazada coins and vouchers that can be used when shopping,” said Co-President and Regional Head of Commercial of Lazada Group Jessica Liu during a virtual press conference, quoted from Antara, Friday (30/10).

Lazada collaborates with more than 70 brands for showcases and displays products from more than 350 thousand exclusive catalog sellers such as Lancôme, Under Armor, Swatch and Castrol. Also, there is Crazy Flash Sales 11 times a day and free shipping promos throughout Indonesia.

The e-commerce will also provide vouchers of IDR 1,111 million without a minimum purchase for 11 days starting on Sunday (1/11). Lazada also hooked the South Korean celebrity, Lee Min Ho as a brand ambassador.

The company is also preparing to hook 45 logistics partners and rely on more than 40 thousand staff to anticipate a surge in demand. In addition, it operates more than 15 warehouse facilities, as well as 400 fulfillment centers and hubs.

Shopee will Have a Super Offer at 11.11

Meanwhile, Shopee presents a month-long super offer in the framework of 11.11. The main promotions are free shipping for the option to pay on the spot or cash on delivery (COD), discounts up to 50%, and ShopeePay Deals IDR 1.

Shopee Chief Executive Officer Chris Feng said the 11.11 discount party was a continuation of the strong momentum from 9.9 and 10.10. “In this 11.11 time, Shopee will strengthen its efforts to ensure that the benefits and opportunities of e-commerce can be felt by everyone,” he was quoted as saying in a press release, two weeks ago (15/10).

ShopeePay Marketing Manager Cindy Candiawan said the IDR 1 ShopeePay Deals campaign was an initiative to educate the public regarding the benefits of non-cash transactions. “At the same time, helping merchants reach their customers,” he was quoted as saying in a press release, Tuesday (27/10).

He said, new users who transact in the shopping category using ShopeePay increased by more than 70% during the corona pandemic. The frequency of shopping also almost tripled, but the transaction value was smaller.

Other Local E-Commerce also Held a Similar Promotion

Local e-commerce, Bukalapak is also holding a promotion on 11.11. The offers presented are free shipping and cashback 3-20% up to IDR 200 thousand. Meanwhile, Tokopedia focuses on providing promotions during the payday period, which is called Indonesia’s shopping time (WIB), which is October 25-31.

Offers start from a discount of IDR 10 thousand, free shipping, and cashback. “We are aware of the problem (currently) from the demand side. People hold on to shopping for a while. We have free shipping facilities, affordable goods prices, and promotional partners, “said CEO of Tokopedia William Tanuwijaya in a virtual seminar, last Monday (26/10).