Paper Status Tracking
Contact us
[email protected]
Click here to send a message to me 3275638434
Paper Publishing WeChat

Article
Affiliation(s)

University of Melbourne, Melbourne, Australia
University of George Mason, Fairfax, United States
University of Toronto, Toronto, Canada
Macau University of Science and Technology, Macau, China
School of Chang’an University, Xi’an, China

ABSTRACT

Due to the impact of the COVID-19 pandemic, e-commerce and social media pervade people’s daily life, while offline businesses suffer from loss from traffic. In this paper the SWOT analysis method is employed to examine the strengths, weaknesses, opportunities, and threats for RED, which, as one of the top content social e-commerce platforms in China, achieves outstanding performance under the COVID-19 pandemic. This paper tackles RED’s unique marketing and operating strategies, as well as its weaknesses that relate to operation and costs, and threats that relate to competitors and commercialization. Beside these disadvantages, profitable opportunities also arise from internal and external environment. At the end, the paper provides suggestions for capturing profitable opportunities under the pandemic and Chinese new regulations on cross-border e-commerce.

KEYWORDS

RED (Little Red Book), SWOT analysis, e-commerce, strategic analysis

Cite this paper

Psychology Research, August 2022, Vol. 12, No. 8, 628-636

References

Astika, I. M. J., & Suharyo, O. S. (2021). Internal and external enviromental strategy analysis using SWOT matrix and QSPM. International Journal of Progressive Sciences and Technologies, 25(1), 507-516.

Chen, W. J. (2020). Based on the SWOT analysis of the “little red book” APP electric business platform development research. Modern Business, 15(4), 60-61.

Coman, A., & Ronen, B. (2009). Focused SWOT: Diagnosing critical strengths and weaknesses. International Journal of Production Research, 47(20), 5677-5689.

General Administration of Customs P.R. China. (2020).

Görener, A., Toker, K., & Uluçay, K. (2012). Application of combined SWOT and AHP: A case study for a manufacturing firm. Procedia—Social and Behavioral Sciences, 58, 1525-1534.

Helms, M. M., & Nixon, J. (2010). Exploring SWOT analysis—Where are we now? Journal of Strategy and Management, 3, 215-251.

Iresearch. (2020, July 13). China content marketing strategy research report 2020.

Jin, X. (2020). 2020 E-commerce “Double 11” outlook: “Tmall, JD.com and Pinduoduo” traditional giants split, “Kuaishou, TikTok, and WeChat” new players entered the game. Huachuang Securities.

Leigh, D. (2009). SWOT analysis. In Handbook of improving performance in the workplace: Volumes 1-3 (pp. 115-140). Retrieved from https://doi.org/10.1002/9780470592663.ch24

Li, H. (2021, August 9). RED’s three problems. Retrieved October 11, 2021 from https://www.cbndata.com/information/80076.

Lisa, X. (2021). Analysis of the market status and competitive landscape of China’s e-commerce industry in 2021 Zhejiang Province leads the development of the national e-commerce industry. Prospective Industry Research Institute.

Miller, M. G. (2007). Environmental metabolomics: A SWOT analysis (strengths, weaknesses, opportunities, and threats). Journal of Proteome Research, 6(2), 540-545.

China Customs (2021, July). Ministry of Commerce and the General Administration of Customs. Shenzhen Stock Exchange (2021). Shanghai Kaichun Industrial Co., Ltd., Orient Securities Underwriting Sponsor Co., Ltd., response to the letter of approval of the review center for Shanghai Kaichun Industrial Co., Ltd.’s application for initial public offering and listing on the Growth Enterprise Market. Retrieved from https://pdf.dfcfw.com/pdf/H2_AN202011131428752938_1.pdf

Pickton, D. W., & Wright, S. (1998). What’s SWOT in strategic analysis? Strategic Change, 7(2), 101-109.

Shi, H. (2021). 2021 RED brand research report. Nanjing: LeadLeo.

Su, S. R. (2020). What is the way out for Xiaohongshu to occupy the live broadcast market? China Cosmetics Review, 28(11), 62-66.

Wu, S. (2021). Business model analysis of Little Red Book. New Media Research, 7(9), 42-45.

Zeng, L. Y., Mao, Y. Y., Man-L, R. Y., Jotikasthira, N., & Sun, J. K. (2020). Review of marketing strategy—Case of landscape tourism. DEStech Transactions on Economics, Business and Management (EEIM). Shanghai.

About | Terms & Conditions | Issue | Privacy | Contact us
Copyright © 2001 - David Publishing Company All rights reserved, www.davidpublisher.com
3 Germay Dr., Unit 4 #4651, Wilmington DE 19804; Tel: 001-302-3943358 Email: [email protected]