Singapore – Online retail marketplace AliExpress has a launched a new campaign featuring its latest global brand ambassador David Beckham to help fans score more deals on the e-commerce platform ahead of the upcoming UEFA EURO 2024 sporting event.

It is also worth noting that the campaign follows the news in March this year that AliExpress became the first exclusive global e-commerce partner of said sporting event, which will happen from June 14 to July 14 in 10 host cities across Germany and will see 24 national teams compete.

Through the campaign, AliExpress users will have the chance to take part in a series of interactive games to win exclusive discounts and time-limited prizes, including match tickets. AliExpress is investing millions of Euros in discounts, deals and engagement during the games, as part of its increased investment into global consumer experience. 

In addition, new and eligible AliExpress users will be entered into exclusive lucky draws with prizes to welcome them to the platform.

During the games from June 14 to July 14, AliExpress will run an innovative ‘Shake and Win’ promotion, offering time-limited prizes following each goal of all games. All eligible users just need to log on to the AliExpress app and shake their smartphone once the ball hits the back of the net, for the chance to score great prizes.

Speaking on the campaign, Beckham said, “AliExpress is helping fans get even closer to UEFA EURO 2024 this summer, by offering them great prizes as the action takes place on the pitch.”

Meanwhile, Gary Topp, European commercial director at AliExpress, commented, “AliExpress is excited to welcome David Beckham as our global ambassador ahead of the Summer of Sports that is set to kick off in Europe. Whether you’re a football fan or not, I can think of no-one better to show how easy it is to win with AliExpress during UEFA EURO 2024.”

Singapore – LVMH Group, the global creator of high-quality products, and Alibaba Group, China’s e-commerce and technology firm, have announced an expanded partnership to push the frontiers of luxury experiences in China. This collaboration will take advantage of Alibaba’s cloud technologies and AI-powered advancements in retail and online via Tmall. 

The strengthened partnership is a testament to both businesses’ goal of leading retail innovation and providing outstanding, tech-driven luxury experiences. Through this partnership, LVMH will be able to improve its data, omnichannel, and technological footprint in China. 

LVMH has started incorporating Alibaba Cloud’s generative AI capabilities, such as Model Studio (Bailian), an extensive AI model-building platform, and Qwen, Alibaba’s proprietary large language model, as part of its innovation quest. The luxury Maison’s dedication to remaining innovative is highlighted by the innovative apps and services that have been made possible by this integration. LVMH wants to drive innovation-driven growth in its global retail businesses and enhance its premium offers for consumers worldwide by utilising technologies. 

This partnership extension for an additional five years demonstrates a shared commitment to explore new markets, products, and technical frontiers among the more than thirty Maisons and Divisions located within mainland China and Southeast Asia, including Sephora APAC and DFS. In the future, LVMH will have access to a wider range of technology and tested goods from Alibaba Cloud. In order to better serve the Chinese market, this will improve consumer insights, expedite supply chain management procedures, and further optimise corporate operations.

The announcement of the partnership’s global expansion comes after Tmall was first included in Tiffany’s and Chaumet’s premium retail ventures. Up to now, LVMH has unveiled about thirty esteemed Maisons that are presently collaborating with Tmall Luxury Pavilion to make use of Alibaba’s digital capabilities for captivating experiences, including virtual try-ons, 3D product displays, and live streaming. 

Both companies have also increased their cooperation on a number of omni-retail projects, such as membership programs, product launches, digital replicas of famous luxury locations, and one-on-one consultations. Millions of Chinese consumers will now have access to the LVMH luxury experience. 

The strategic partnership between the two companies began in 2019. Since then, LVMH has used Alibaba Cloud’s data management tool, Dataphin, to power “LVMH ATOM” China, a platform built by LVMH to provide individualised services to its growing Chinese consumer base. Furthermore, LVMH has used Alibaba Cloud’s machine learning platform, PAI, to create tailored services that respond to the diverse tastes of Chinese consumers across all of its brands. 

Speaking about the partnership, Stephane Bianchi, group managing director of LVMH, said, “Alibaba is already a key and valuable partner of our Maisons and the Group. The reinforcement of our partnership with Alibaba aims at helping us accelerate omni-channel business growth and enhancing premium luxury experiences driven by the transformative capabilities of cloud and AI technologies, along with its world-leading expertise in e-commerce operations. Our synergetic and forward-looking collaboration will deliver unparalleled experiences to our global customers throughout their premium shopping journey.”

Meanwhile, Eddie Wu, chief executive officer of Alibaba Group, expressed, “Alibaba is pleased to enable a transformation of the high-end consumption experience with retail leaders like LVMH through our world-class technologies in cloud computing and AI. This comprehensive partnership has elevated the retail experience for LVMH’s customers worldwide, including China-based consumers on Tmall. We look forward to continuing to build on the strong partnership and innovation journey with LVMH.”

Singapore – Around 70% of Gen Zs in the region saw e-commerce platforms as important entrance points for their purchasing experiences, and that they use these platforms extensively for researching their purchases. This is according to the latest data from Shopee and Kantar Profiles

The majority of Gen Z respondents (73%) said they conducted their product research and discovery through alternative channels, but they made their purchases on e-commerce platforms. Remarkably, 56% of people who use social commerce platforms for research at first would rather finish their transactions on e-commerce platforms.

A number of important variables contribute to consumers’ choice for e-commerce: a large product selection (79%), high product quality (77%), and easy payment options (59%).

One in three members of Gen Z said in the study that they would spend at least five days researching their purchases. This includes things like viewing product demos and reading reviews (27%), looking over price details (14%), and researching the features and specs of the product (24%). Even with their research methodology, they rank next-day delivery services and a return and refund procedure as their top priorities when making purchases.

Moreover, eight out of ten Gen Z respondents to the survey stated that they are looking for interesting and enjoyable purchasing experiences. This shows how content touchpoints like Shopee Live are to their purchasing experience. 

Ian Ho, vice president of Shopee, stated, “Gen Zs in Southeast Asia highly value using e-commerce platforms for product research and purchases, emphasising their need for a smooth, reliable, and integrated shopping experience. From enhancing service levels to providing new types of shopping entertainment content, our latest initiatives draw on shoppers’ feedback.”

He added, “As the leading e-commerce marketplace in the region, we are fully committed to continuously innovating and enhancing their experience to meet their evolving needs. We look forward to continued support from our valued customers.” 

Singapore – A total of 3,711 consumer complaints against e-businesses and e-marketplaces in 2023 have been recorded in Singapore, a sharp increase of 47% from the 2,530 complaints received in 2022. This is according to the latest report from the Consumers Association of Singapore (CASE).

According to the association, they received 13,991 complaints in 2023, a 24% decrease from the 15,144 complaints received in 2022. There was a general decrease in complaints across various industries, except for the motorcar industry which saw an increase of eight per cent, primarily due to an increase in complaints involving rental or shared cars. 

The association also noted that through its assistance in negotiating and mediating the complaints, close to $2.5 million (in-cash and in-kind) were recovered for consumers in 2023, an increase from the $2.1 million recovered in 2022. 

Meanwhile, complaints involving rental or shared cars nearly tripled from 152 complaints in 2022 to 435 complaints in 2023. Common complaints pertained to disputes on pre-existing defects, damages and repair charges imposed by rental or car-sharing businesses on consumers due to alleged damages.

It is also worth noting that the travel industry saw a 38% decrease in complaints, dropping from 757 complaints in 2022 to 471 complaints in 2023. The airlines industry saw a 22% decrease in complaint, dropping from 478 complaints in 2022 to 375 complaints in 2023. The complaints for both industries had stabilised to pre-2020 levels, primarily due to the easing of travel restrictions globally which led to fewer complaints on cancellation of trips.

Melvin Yong, president at CASE, said, “We are happy to see an overall decrease in consumer complaints in 2023. Nevertheless, more needs to be done to strengthen consumer protection and address common consumer pain points. CASE will continue to engage the government and industry stakeholders to strengthen consumer safeguards and put a stop to undesirable business practices.”

India Gatsby/Gardenia, a lifestyle brand distributor, has announced a strategic relationship with Bidmath, a digital marketing solutions firm. The collaboration intends to strengthen their e-commerce presence and drive significant development across India’s Online market.

This cooperative endeavour, which leverages Bidmath’s expertise in AI-powered programmatic advertising and data-driven marketing techniques, marks a significant turning point in Gatsby/Gardenia’s digital transformation path. 

Through this partnership, Bidmath will be in charge of Gatsby/Gardenia’s marketing initiatives on Amazon, the e-commerce site in India. Later on, it is anticipated that the partnership will develop to include additional major markets, providing a comprehensive plan for boosting online business visibility and encouraging sales growth. 

The team at Bidmath, which consists of digital planners and data scientists, will use AI and machine learning approaches to optimise bids, improve targeting, and customise campaigns to maximise effect and efficiency.

Through the use of data-driven insights and efficient campaign methods, the partnership aims to boost Gatsby/Gardenia’s gross merchandise value (GMV) and overall e-commerce sales. 

Speaking about the partnership, Puneet Motiani, director at Gatsby/Gardenia, said, ”We are excited to partner with Bidmath to unlock the full potential of our online presence. Their innovative solutions and data-driven approach perfectly align with our vision of maximising brand reach and driving sales across Amazon and other major marketplaces. We are confident that this partnership will be instrumental in expanding our customer base and achieving sustainable growth in the Indian ecommerce landscape.” 

Meanwhile, Rakesh Singh, regional managing director at Bidmath, commented, ”We are thrilled to be chosen as Gatsby/Gardenia’s e-commerce marketing partner in India. Their commitment to innovation and excellence resonates with our own values, and we are confident that our expertise in AI and programmatic advertising will deliver exceptional results. We are excited to collaborate with their team to develop data-driven strategies that optimise campaign performance and maximise return on investment.”

Lastly, Pankaj Bhawnani, advisor to the Gardenia Board at Northstar Consultings, stated, “E-commerce marketplaces are completely different environment with immediate impact on ROAS (Return on Advertising Spends) having an international specialized partner like Bidmath who works with Marque brands like Procter and Gamble, Suntory, and many more in the region and now Gatsby male grooming and Nabeel perfumes in India, is a win-win situation.”

Indonesia – The latest YouGov Profiles has noted that Tokopedia holds a 39% share among Indonesian consumers, securing its position as the second most popular e-commerce platform, trailing only Shopee, where a staggering 73% of customers have recently made purchases.

For context, Bytedance’s TikTok plans to return to the Indonesian e-commerce market by purchasing a majority share in GoTo’s Tokopedia for around $840 million. Following the Indonesian government’s prohibition of online purchasing on social media platforms, the firm was forced to close its social commerce service, TikTok Shop, in October. 

Analysing the broader market, Lazada captures the attention with a substantial 22% share among all consumers, ranking third in popularity. Other players, such as Bukalapak (6%), Blibli (5%), and Zalora (2%), follow suit.

For regular online buyers, Shopee emerges as the leading e-commerce platform with 77% popularity. In this category, Tokopedia (43%) and Lazada (24%) secure the second and third positions, while Bukalapak (7%), Blibli (6%), and Zalora (3%) also make notable appearances.

Zooming in on TikTok Shop users, the data indicates that 32% of them engage in shopping on Tokopedia. Although surpassing Lazada (23%), this percentage is notably lower than the overwhelming preference for Shopee, where a substantial 71% of TikTok Shop users make their purchases. As the e-commerce narrative unfolds, the data showcases a dynamic interplay of market forces and consumer behaviours, paving the way for potential shifts in Indonesia’s e-commerce landscape.

Two months later, the Indonesian ministry of trade announced that TikTok and Tokopedia will be launching a pilot program for e-commerce together. The project will take effect in the next months after extensive engagement with regulatory authorities. 

Jakarta, Indonesia – As part of the hype during the popular 12.12 sale period across online e-commerce players, popular Indonesian e-commerce player Tokopedia has engaged with Kobo Kanaeru, the biggest Indonesian virtual YouTuber (VTuber) in terms of subscriber count; and popular online music creator Harry Citradi, also known as Heiakim, to create the platform’s latest 12.12 campaign jingle. First uploaded on Tokopedia’s Instagram and X (Twitter) accounts, the jingle proved to be a viral success, prompting the company as well to upload a 1-hour version on its YouTube channel.

While campaign jingles are pretty common, this was the first time Tokopedia tapped a VTuber for its own campaign. Despite the fact that the jingle borrows cues from popular Japanese pop culture trends like anime and VTubers, it is also worth noting that the company took into consideration its roots of local culture relevance to create the new jingle. In turn, this made the campaign more popular especially to the younger consumer demographic while still rooted to be relevant across Indonesians.

MARKETECH APAC caught up exclusively with Jonathan Locanawan, senior lead for social media at Tokopedia, to learn more about the campaign’s creative process, as well as hear his insights on how brands can be authentic in tapping the younger demographic.

Understanding the roots of Tokopedia’s “Waktu Indonesia Belanja (WIB)campaign

To fully understand how Tokopedia came up with the new Jingle, Locanawan notes that it is worth noting to understand how its yearly 12.12 campaign came to life.

In 2020, the company introduced the monthly shopping festival, “Waktu Indonesia Belanja” (WIB) or Indonesian Shopping Time. Since Waktu Indonesia Belanja was launched to be an inclusive shopping campaign for all Indonesians across the country, they created the WIB campaign jingle with tunes that took major inspiration from ‘Ampar Ampar Pisang’, a South Kalimantan traditional song that would resonate with most Indonesian people.

“The Waktu Indonesia Belanja campaign and its campaign jingle itself were met with high enthusiasm. This became the impetus for Tokopedia’s continued innovation into providing new ways that cater to the ever-evolving preferences of Indonesian consumers. For example, we continuously try to develop a more ‘personal’ approach between Tokopedia and the audience through social media,” he explained.

And while they believe that the monthly campaign was a success, they believed they need to penetrate the much younger audiences, especially those who are active online in social media. This is where the Tokopedia team found out how fans of Japanese pop culture are one of the most active demographics in Indonesia, and yet remains untapped by the market.

“We saw that Japanese popular culture represents a big yet untapped market in Indonesia, especially in the social media sphere. We also learned that Kobo Kanaeru—a female Indonesian
VTuber or virtual content creator who uses an animated avatar—and Harry Citradi or popularly known as Heiakim, are one of the biggest and well-known content creators in Japanese pop culture in Indonesia, especially amongst younger generations including millennials and Gen Z,” he added.

Why collaborating with Kobo Kanaeru and Heiakim is the correct step for the brand’s authenticity

When asked how the jingle came to life, they said that this was done in-house, alongside active participation with Kobo Kanaeru and Heiakim. It is worth noting as well that while they were the ones that provided that initial ideas, the co-creation of the jingle was mostly done by the duo. For Locanawan, this speaks on their mission of always tapping into these collaborations, providing trust to its consumer base.

“Tokopedia always believes that collaboration with partners, including content creators, always goes beyond the numbers of likes and followers. Tokopedia is a business of trust, so to maintain business continuity, maintaining the trust of Indonesians is the most important thing,” he said.

The new 12.12 campaign jingle from Tokopedia, co-created by popular Indonesian VTuber Kobo Kanaeru from Hololive and popular music producer Heiakim

Moreover, it is also worth noting that Tokopedia wanted a fresher take on its campaigns, hence the brand is willing to explore more niche cultural trends to bring colour and life to its campaigns.

“Appealing to the younger audience is definitely one of the main drivers for this collaboration as we continuously try to stay relevant with the Indonesian consumers. However, we were also aiming for distinctiveness. Amongst the sea of heavy promotions from the entire industry, we knew we needed to come up with something special to really stand out from the crowd yet still maintain the local authenticity, sensibility and voice of ‘Tokopedia’, he explained.

Advice on brands on how to ride niche cultural brands to stay authentic

Tokopedia believes that tapping creators that share the same brand value to the company and creative positive influence to the Indonesian society help them create authentic campaigns while also at the same time being at the top of mind of the younger demographic.

According to Locanawan, with Tokopedia willing to explore unique yet relevant niches, the brand has seen greater increase on positive brand mentions, higher views on its social media
accounts, like TikTok; and even noted an increase in better engagement with their audience through Tokopedia’s social media accounts.

“As brand marketers, we need to always be sensitive with the ever changing trends in pop culture to remain relevant. By fully immersing ourselves in the culture and by having the campaign co-created together with the creators, we were able to launch content that effectively rides the wave while maintaining the authenticity and voice of ‘Tokopedia’,” he explained.

Lastly, when asked what should brands do in terms of exuding authenticity to its consumers, Locanawan had this to say: “Regardless of whatever strategy is used, consumer centricity has always been our guiding star—how we can ensure our consumers can benefit from the products, services and partnerships provided. That is what Tokopedia will always do to keep winning the hearts of Indonesians.”

While there’s no shortage of uncertainty as we countdown to 2024, the crystal ball seems to have a few things in focus for the next trip around the sun. From the long-anticipated shift from third-party cookies to first-party data to the harnessing of AI and the evolution of e-commerce, here are five key tech trends set to shape how brands connect with customers. 

The race for first-party data

2024 is set to be the year of first-party data with Chrome deprecating third-party tracking cookies over 2024, following the lead of other browsers having already implemented similar changes. Brands will be focused on strategies to build their own valuable first-party data, built up from purchasing signals tracked via loyalty programs, registered users, CRM and so on. 

Brands will be turning to publishers to harness their vast contextual and enriched datasets from either registered users or gleaned from the type of content being consumed in real-time. Combinations of both publisher and advertiser data via data cleanrooms have been a topic of interest and will be interesting to see how this is picked up over the year.

The shift promises contextual interest targeting, enabling a more precisely tailored match for brands between creative and audiences. The focus on sharper targeting translates into reaching the right audience with specific intent, ultimately, leading to increased conversion rates and effectiveness.

Focus on innovative advertising

The ongoing adoption of more premium and effective ad solutions is a growing trend, which is only set to continue from an effectiveness and a user experience perspective. Clients are reporting that campaign budgets can be extended up to seven times more just by using more effective formats. 

Brands are demanding more premium sponsorship opportunities and publishers are accommodating via a range of high-impact and bespoke formats. This means more curated and higher quality ad experiences on-site, resulting in a longer-lasting impact from awareness to engagement through to conversion. We’re seeing a further development toward solutions overlaying first-party data or contextual insights with premium ad formats. This delivers more personalised and relevant experiences, which are particularly effective for eCommerce.

And as smartphone users worldwide reach an estimated 4.6 billion, with expectations of surpassing 5.1 billion by 2028, mobile internet traffic already claims nearly 60 per cent of total web traffic. In response to this unprecedented growth, there’s the need for a more expansive, premium mobile ad format that would not only extend the in-ad experience via a seamless, scrolling user experience; it would also drive brand awareness and communicate additional product information in an unobtrusive, impactful way.

Innovative new ad formats like BrandStory outshines competitors with triple the ad space and 2.8 times greater time in view than single scroll ad formats. This addresses the surging demand from brands worldwide for more real estate to drive real results by seamlessly intertwining awareness, exploration and action within one comprehensive solution.

e-commerce to continue upward trajectory

We’re witnessing the takeoff of e-commerce across the board, supercharged from the shift during lockdown as businesses of all sizes realised the value of having a direct relationship with their consumers. On top of the sale, e-commerce is allowing advertisers to own the data relating to the customer and the sale, which is a huge factor in the boom. 

e-commerce will see sustained growth as brands demonstrate a willingness to invest in channels that streamline the conversion process and build that direct line to their customers. We’re seeing a take-up of in-banner transactions, shoppable video, contextual targeting and dynamic e-commerce ads already playing a pivotal role in the transformation.

Harnessing AI

AI is quickly moving from a novelty to being embedded within a multitude of platforms to increase effectiveness and revolutionising the landscape, both on the overall marketing function and the specific ways we engage with technology. This includes from a generative perspective of creating content and messaging to getting a better handle on insights and planning, particularly with the abundance of first-party data. The wealth of information from this data will serve as a fertile ground for extensive learning and the development of models tailored to audience insights.

Surge in digital outdoor and connected TV channels

In the coming year, brace for a significant expansion in alternative advertising channels, particularly digital outdoor and connected TV. We anticipate substantial growth and innovative strategies as these channels evolve to become pivotal players in the advertising landscape. We have even been seeing clients connecting their digital out-of-home and digital display campaigns with live data, meaning interactions with the digital campaign can be relayed to the digital out-of-home screens – another space to watch.

The future of consumer-driven digital experiences

As we step into 2024, the world of advertising is gearing up for some exciting opportunities for publishers, advertisers and consumers alike. The strong focus on first-party data, the use of AI, the evolution of online shopping, the rise of different advertising channels and the march toward new ad formats are all painting a picture of innovation, integration and adaptability. It’s a call for advertisers and publishers to work together, align their strategies with what consumers are looking for and create a landscape where creativity, data insights and modern technology come together for a more engaging advertising experience.

This article is written by Harley Ramien, Director for Asia Pacific at Bonzai

The insight is published as part of MARKETECH APAC’s thought leadership series under What’s NEXT 2023-2024What’s NEXT 2023-2024 is a multi-platform industry initiative which features marketing and industry leaders in APAC sharing their marketing insights and predictions for the upcoming year.

Jakarta, Indonesia – After multiple reports suggesting business talks between TikTok and GoTo in Indonesia, TikTok has announced that is investing a total of US$1.5b investment into GoTo. In it, Tokopedia and TikTok Shop Indonesia’s businesses will be combined under the existing PT Tokopedia entity.

In an official statement, both entities have said that this arrangement will allow both TikTok and GoTo to each serve Indonesian consumers and MSMEs more comprehensively.

Moreover, GoTo will benefit from the growth of the enlarged entity and will remain an ecosystem partner to Tokopedia, through its digital financial services via GoTo Financial and on-demand services via Gojek.

Going forward, TikTok, Tokopedia and GoTo will transform Indonesia’s e-commerce sector, creating millions of new job opportunities over the next five years. 

Some of those planned joint ventures include promotion of Indonesian products on Tokopedia and TikTok’s platforms, building the capacity of Indonesia’s MSMEs through a holistic program focusing on skills development, supporting merchants to sell products online, helping local brands to promote their products in international markets, amongst others.

The transaction, which is expected to close in the first quarter of 2024, is in line with the GoTo Group’s strategy to strengthen its financial and strategic position by growing its total addressable market.

Moreover, a committee under the enlarged entity will be established to facilitate transition and integration, chaired by GoTo Group CEO Patrick Walujo, with support from members of both businesses.

These talks come after TikTok Shop announced the shutdown of its local operations in Indonesia in October 2023 following local orders. The company was forced to close down after the country’s government passed a regulation prohibiting the use of social media for e-commerce transactions.

Singapore – Independent data and digital transformation company ADA, has recently forged a partnership with data and AI company Databricks, aiming to provide best-in-class technology solutions to boost the company’s corporate value. 

In this collaborative endeavour, ADA intends to combine its data and AI skills with Databricks, focusing on better ecommerce and marketing analytics. Specifically, they are set to establish a data intelligence platform centred around addressing business challenges across the 12 regions in APAC where ADA operates.

For this particular platform, ADA will use powerful data and AI accelerators which encompass bespoke ecommerce data models. As such, this will provide organisations with essential insights and predictive analytics to help them fine-tune their online operations.

Furthermore, ADA’s dynamic pricing model will enable real-time market adaptation, optimizing revenue potential. It will also enhance data marketplace offerings leveraging its proprietary X-ACT data and integrating services like Composable Customer Data Platform (CDP), demand forecasting, and price optimization. 

This provides a versatile framework for businesses to effectively utilize customer data for personalized engagement, underlining ADA’s commitment to equipping businesses with cutting-edge, data-driven tools on Databricks Platform.

Speaking about this venture, Greg Taylor, vice president, partners, APJ, at Databricks, said, “The ability to uncover actionable insights from data has never been more important as enterprises look to adapt, innovate and better prepare for the future in this AI age. ADA has deep industry experience in creating value for both B2B and B2C organisations by leveraging data for applications such as customer acquisition and customer data clean rooms, to name a few.”

“We’re excited to be working with ADA as they leverage the power of Databricks Data Intelligence Platform to help organizations solve their toughest problems with data,” he added. 

Srinivas Gattamneni, chief executive officer at ADA, also shared his enthusiasm for the project, stating, “We’re excited about our partnership with Databricks, a pivotal step in revolutionizing data and digital transformation in APAC. By integrating our Data and AI solutions with Databricks’ cutting-edge Data Intelligence Platform, we are actively redefining the future of data analytics and transformation. 

“This alliance is a testament to ADA’s dedication not only to advancing AI-driven analytics but also to providing comprehensive data transformation services that enable businesses to navigate and excel in an increasingly digital world, ” he concluded. 

By enhancing the company’s data marketplace offers, this particular initiative spotlights ADA’s commitment to provide companies with modern, data-driven solutions as well as flexible frameworks that leverage customer data for personalised engagement.