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Welcome to the
102nd issue of R3PORT,
a weekly update on the most important information of the marketing
industry in China. This week we cover off three areas:
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1. CCTV GENERATED RMB1.5b THROUGH WORLD
CUP ADVERTISING
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It's reported that during the
2010 World Cup, CCTV total advertising revenue was estimated to reach
RMB1.5b throughout the event.
Starting April, CCTV kicked off World Cup bidding to sell its event
advertising packages. Spots during half-time interval, pre-match and
additional time were packed and recommended to clients as integrated
resource. It's surprising that the price for the 15 second advertising
of final penalty goal period is RMB1.8m, which is equal to RMB120, 000
per second. This indicates that the World Cup advertising price has
exceeded the Olympic Games and the CCTV Spring Festival Gala.
Research by Sunny Chen, R3 Beijing; Know more here
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2. GOOGLE CHINA'S SHOPPING
SEARCHES COULD THREATEN ONLINE RETAILERS
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Google's
China unit is rolling out a new design for its search results page that
makes searches more sensitive to consumer enquiries. The changes to
Google's search system will base on the type of content that is
searched for; a search for consumer goods might get a shopping icon
with recommended items, or discussions from various e-commerce websites
such as Amazon.com Inc. and Taobao.com.
This is the very first time that Google has embedded a shopping service
in its general search results. Google China operates an information
platform, but does not run its own e-commerce site such as Baidu's
business-to-consumer and consumer-to-consumer platform Youa.baidu.com,
which was launched last year.
Online transactions could account for up to 5% of total retail spending
in China this year, and that figure is set to grow over the next five
years. Should the new shopping services provided by search engines
prove successful, then traditional e-retailers such as Taobao.com will
start to feel the pressure.
A spokesman for Badiu said that the company had not noticed the changes
to Google's search engine.
Research by Karen Xu,R3
Beijing; Know more here
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3. TENCENT STARTED ITS
GROUP-BUYING WEBSITE
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Tencent started a second level
domain "tuan.qq.com" on July 14th, named "QQ Group-buying". The initial
station list includes 18 cities. Only Shenzhen station is operating at
the stage.
QQ Group-buying has the same business model with all the other
Group-buying websites - using low prices to attract consumers to
combine their shopping needs.
400 Group-buying websites
appeared in the last 4 months and they were thought to be clones of
GroupOn, the first group-buying website in America. According to the
report released by researchers from www.58.com,
these Group-buying websites had lots of problems, and 80% netizens
doubted them. Group-buying market is now facing the first big issue
period, 40% companies are having difficult time surviving. And QQ
Group-buying is believed to have a big chance of winning the GroupOn
war rely on its huge user base.
Research by Bella Teng,R3
Beijing; Know more here
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| 4.
THIS WEEK ON THE ASIAN NEWS DESK |
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R3 is privileged
to be a part of The Advertising Show, the world's only globally
distributed weekly program focusing on advertising, media, marketing,
sales and customer relations.
Click here to
hear the AsiaPac Report,The Asian News Desk, in which R3 China
Consultant Emma talks
about the Baidu HOHO,Youku,Tencent cooperation in video search and
Controversial pitch in India.
Click here
to subscribe to The Advertising Show.
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R3
is a marketing consultancy based in Beijing and Singapore, helping
marketers improve their efficiency and effectiveness. Clients
include Coca-Cola, Johnson & Johnson, adidas, Yili, VISA and
Singapore Airlines
For more information, go to www.rthree.com.
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2009. R3 |
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