KOREASCHOLAR

LIVE COMMERCE FOR LUXURY BRANDS: HOW LIVE STREAMER CHARACTERISTICS IMPACT UPON THE LUXURY BRAND PERCEPTIONS?

Wuxia Bao, Emma Beuckles, Liselot Hudders, Shubin Yu
  • LanguageENG
  • URLhttp://db.koreascholar.com/Article/Detail/422649
Global Marketing Conference
2023 Global Marketing Conference at Seoul (2023.07)
pp.533-534
글로벌지식마케팅경영학회 (Global Alliance of Marketing & Management Associations)
Abstract

Livestreaming commerce is a form of e-commerce that embedded real-time video presentation and social interaction. It provides immersive shopping experience reinforced by high levels of interactivity and instant bidirectional communication. China, as one of the biggest livestreaming markets, has reached 2.3 trillion (CNY) livestreaming commerce market value in 2022. In a 2020 survey, two-thirds of Chinese consumers experienced livestreaming shopping in the previous year. Accordingly, luxury brands, such as Chanel and Louis Vuitton have started to implement livestreaming commerce in China. However, for years, luxury brands have struggled with online commerce as it may impact upon perceptions of exclusivity and dilute brand value. Research on the efficacy of live commerce emerged in recent years and mostly focused on non-luxury brands. However, luxury brands cannot simply copy digital marketing strategies that proved to be effective for non-luxury brands. To date, limited academic attention has been devoted to the luxury commerce in a livestreaming context.

Author
  • Wuxia Bao(Ghent University, Belgium)
  • Emma Beuckles(Ghent University, Belgium)
  • Liselot Hudders(Ghent University, Belgium)
  • Shubin Yu(Bi Norwegian Business School, Norway)