On the surface , Singles’ Day (11.11) may sound like a bit of a sad affair, conjuring images of wallowing in loneliness and misery or lying in bed all day with a tub of Ben & Jerry’s. But Singles’ Day is actually Asia’s largest shopping bonanza and the world’s largest online shopping event. According to Forbes
, last year the holiday racked up 25.3 billion USD
(around 168.2 billion RMB). So, yeah, it’s a bit of a big deal.
If you’re thinking about joining in on the craze, here’s 11 things you should know about 11.11.
1. Singles’ Day originated in a Nanjing University dorm
While the actual origin of Singles' Day is debatable, most people have settled upon the story of how it emerged from the dormitories of Nanjing University in the mid-90s. Four single university male students gathered to discuss how to break the shackles of the monotony of singlehood (remember those were pre-Tinder/Facebook days). One dude had the epiphany of deciding that November 11 would be representative of Singles' Day due to the number of ones in the date – 11-11 recalls the ‘bare sticks’ Chinese idiom, used to refer to people (mostly men) who stay single most of their lives.
Singles' Day made its rounds on social media, garnering more and more interest from singletons across China as a day to spend with friends, until in 2009, Alibaba co-opted the holiday to market a massive sales campaign. Now China has this absurdly successful commercial holiday born from post-modern laughter in the face of classic crushing loneliness.
2. Look out for fake deals and trick sales
According to the ‘Double 11 and Black Friday Consumer Experience and Complaints Report 2017
’ published by China E-Commerce Research Center, domestic retail E-commerse accounted for 57.19 percent of the total complaints, followed by cross-border import e-commerce (17.01 percent). Complaints filed with the authorities on Singles’ Day were related to false advertising, hidden discount restrictions and other sales schemes. As always, it’s important to make sure that you buy from trustworthy sellers. So shop carefully.
3. Kuaidi's will be crazy (crazier)
4. Read the fine print and do your own maths
The rules and online promotions for Singles’ Day get more complicated every year. Ideas like pre-launch, pre-order, money-off and price protection policies need some careful reading
to make sure you know what you’re buying into. Also, combining and separating orders might disqualify you from discounts. Best to keep that old TI-84 graphing calculator by your side as you measure up your savings.
5. Don't turn this festival into ‘hands-chopping’ festival
Chinese netizens have taken to a gruesome nickname for Singles’ Day. ‘Hands-Chopping Festival’ (剁手節), as in ‘If I buy one more thing, I will chop my hands off.’ Everyone buys at least one more thing, no one actually chops off their hands, but many people do fall into the trap of spending more than they should. Selling your dismembered hands is not a good way to get out of debt, unless you’re in debt with the right people.
6. Record-breaking spending
Every Singles’ Day, in the press centre at Alibaba’s headquarters, a huge screen live-tracks the number of transactions and RMB spent. Last year, 19.1 billion RMB in transactions were made just five minutes and 57 seconds after the launch of sales. By 1.09pm, sales volume surpassed 120.7 billion RMB
, the sales volume for the entire day in 2016. Let's see if Singles’ Day will continue to break its own records.
7. Star-studded Alibaba gala
For Singles’ Day 2017, Alibaba ran a star-studded, nationally televised gala on the eve of November 11, directed by one of the producers behind the 2016 Academy Awards. It featured celebrities such as Nicole Kidman, Pharrell Williams and Jessie J. This year, Alibaba Singles’ Day gala will be broadcast on two national television channels (Dongfang and Zhejiang TV) and available video streaming on Youku. Australian supermodel Miranda Kerr appears on the promoting poster, together with mostly Chinese celebrities.
8. Spam messages and fraud go up around Singles’ Day
According to Shanghai Consumer Right Protection Commission
, complaints received during the 2017 Singles’ Day sales period made up 13 percent of the total consumer complaints for the year. They were mostly about false promoting information, unfulfilled purchase promises, and after-sales service failures.
9. Singles' Day is going global
10. Singles’ Day is going green
The tremendous amount of purchases on Singles’ Day means a lot of packages, a lot of cardboard, and a lot of waste after people unpacking all of their parcels. In 2017, Chinese courier companies used
a total of 6.8 billion plastic bags, 3.4 billion plastic sleeves, 8.6 billion cardboard boxes, and more than 3 billion rolls of adhesive tape. The main component of packaging materials, polyvinyl chloride, can take hundreds of years to biodegrade.
Last year, Suning
introduced a recyclable delivery box. The ‘share box’ is light, foldable and portable. When you sign for your package and collect its contents, the courier will reuse the yellow box for the next delivery.
11. Be prepared for 12.12
It’s much smaller in scale compared to Singles’ Day. Double 12
is for those small online vendors that can’t join the 11.11 party because they sell low-demand niche products and lack the manpower to handle big sales volumes. Also, for Double 12 Taobao requires sellers to sell their items half-off if they want to be a part of the promotion. Over 2 million sellers have registered to participate in last year’s Double 12.