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What is double 11 e-commerce & pre-sale?

Double 11 is the most anticipated festival of the year for China's consumers. Livestream and pre-sale have become the new trends in recent years. October 20th, 2021 is the first day of pre-sale. Austin Lee and Viya, the top two e-commerce live streamers in China, their pre-sale GMV (gross merchandise value) reached US$2,800,000,000 in total. ...

When is Tmall Double 11?

Tmall has announced its format for Double 11: the shopping festival is to be held in two phases: The first phase is from November 1st to 3rd. Accordingly, pre-sale was from October 20th to 31st. The second phase is from November 4th to 11th, and the pre-sale period will last from November 4th to 10th. ...

How many promo diamonds can you get at double 11?

Here’s everything you need to know about the event, including how to claim promo diamonds, the Double 11 exclusive skin this year, and other in-game events. Players can receive up to 60 promo diamonds per day until November 10. These promo diamonds serve as a substitute for regular diamonds and will disappear after the event. ...

What is a limited time offer?

Let’s kick things off with the basics: what exactly is a limited time offer? In a nutshell, a limited time offer (LTO) is a special deal, discount, or promotion that’s only available for a short period. Think of it like a flash sale, but with a twist. It could be a percentage discount, free gift, free shipping offer, or something else entirely. ...

How do you promote a limited time sale?

A a limited time sale or offer is only as good as its promotion. If no one knows about it, it’s not going to drive sales. Shout it from the rooftops! Use email, social media, your website, and even paid ads to get the word out. 5. Follow-Up Fail Don’t forget to follow up with customers after your offer ends. ...

What is the double 11 mega sale?

The Double 11 Mega Sale event is an annual celebration in the game since 2019, where players enjoy massive discounts on every hero and skin in the shop. Starting November 10, everything in the in-game shop will be discounted by as much as 50%, with a chance of obtaining some items for as low as one diamond through promo diamonds. ...