How far can other luxury e-commerce companies go when Shangpin.com goes bankrupt?

As one of the five luxury e-commerce unicorns in China, Shangpin. Com has been plagued by news of financing and layoffs, but from the outside, it seems that it has not affected its business operations. Because in May this year, Shangpin.com was still doing 520 promotion activities, and then launched a joint card activity with Bank of China.

However, looking back at the history of Shangpin. Com, we found that there is a clue this autumn, and it is also inseparable from the development of the industry. The plight of established luxury e-commerce companies has not stopped the pace of e-commerce giants. In 20 17, Alibaba launched the LuxuryPavilion. At present, more than11luxury brands have successfully settled in Tmall. On June 5438+ 10 in the same year, JD.COM added its own luxury channel TOPLIFE, and obtained the brand resources of Kaiyun and Burberry Group. On-line 10 month, 34 brands settled in.

The joining of e-commerce giants has undoubtedly further intensified competition in the industry. In particular, Ali and JD.COM have been deeply involved in the e-commerce industry for many years, and they have certain credibility and obtained brand authorization, further weakening the competitiveness of established luxury e-commerce.

Luxury e-commerce wants to continue, and returning to the heart is the first problem to be solved. As a platform for selling luxury goods, the core is undoubtedly product quality. Starting from 20 17, vipshop will seek transformation again, from "special sale" to "genuine specialty"

Sell ",20 18 1 month, reached an official strategic cooperation with London Fashion Week and won the brand endorsement. This means that luxury e-commerce is also constantly improving in terms of product quality and brand authorization.

In addition, considering the two hard needs of product display and consumer experience, luxury e-commerce should also get rid of one leg and create a new way of online and offline parallelism.