
Pinduoduo stood out in the Chinese e-commerce sector since it didn't compete with JD and Alibaba like other search-based websites. Instead, Pinduoduo focused on giving users a rich and engaging browsing experience that would persuade them to come back anytime they needed to be Buying Together anything or were searching for entertainment.
Purchasing Products on Pinduoduo
In addition to well-known sourcing portals, Pinduoduo provides a possibility for sourcing goods in China, which would be especially intriguing for agricultural goods. Every webpage on the Pinduoduo program is constantly customized. This seems like a scrollable online market where customers may browse various goods. The core of this strategy is an engaging, participatory group purchase experience.
Higher purchase rates brought on by more customers result in cheaper manufacturing and supply chain expenses. Customers who receive significant importance for their payment gain from this. Manufacturers and sourcing intermediaries may also make use of this enterprise model's strength at the same time.
Utilize Your Relationships with Customers
Team shopping would be a vital component of Pinduoduo's success. Customers on Pinduoduo are presented with two pricing when viewing products. A Pinduoduo consumer may either engage an existing buying team or form a new team to receive the teamwork discount. Regarding the latter, the customer would distribute a link on networking sites to encourage her friends and relatives to take advantage of the offer. The customer can even record an audio recording of the goods.
The team rates at Pinduoduo take advantage of client connections. For instance, during the initial years of operation, the business performed no promotion. It primarily relied on existing consumers to attract new users to the platform. This was so successful that Pinduoduo would have a market valuation of several billions of dollars upon being launched on the Nasdaq in 2018.
Concentrate on the Situation
Online shopping now seems a lot like enjoyment, thanks to Pinduoduo in English. The website offers a shopping feed closer to social networking sites than a shopping website, displaying items you believe you'll enjoy based on how you've previously browsed.
There are several live feeds on Pinduoduo as well. In these live videos, the hosts are enthusiastic and exciting. And last, Pinduoduo provides engagement through its games and inherent rewards.
Pinduoduo Offers a Lot of Live Feeds
If the number of Pinduoduo customers is any indicator, these factors together create a compelling purchasing experience. Together at the end of 2020, Pinduoduo has 788.4 million subscribers. Alibaba had roughly 779 million subscribers across its many brands. Pinduoduo is still under the age of six.
The last realization is that. It took Facebook, established in February 2004, almost seven years to reach a comparable level of active users each month. Although it's not an appropriate metaphor, it could show that Pinduoduo's expansion is more analogous to a networking site than a physical business. For most social e-commerce, the importance of focusing on the customer experience may grow.