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Dealmoon Reports Robust Q4 Sales as Vendors Are Realizing Chinese Americans Are Ramping Up Their Spending at the End of the Year

Online brand connector, Dealmoon, consistently provides their niche audience exactly what they want as more brands begin to cater to Chinese-American millennials


News provided by

Dealmoon

Jan 29, 2019, 08:48 ET

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RICHARDSON, Texas, Jan. 29, 2019 /PRNewswire/ -- Dealmoon.com, the leading cross-continent consumer buying shopping site for the world's most voracious luxury product buyers, has revealed their top brands that luxury buyers want through their website for the fourth quarter of 2018. Of the 17.6M monthly clicks Chinese-American millennial and Generation Z shoppers that love to search Dealmoon's wonderful listings, electronics were at the top of the list of top Dealmoon items aggregated for the fourth quarter.  It's important for brands to remember that the fourth quarter consists not only the major U.S. shopping days such as Black Friday, Cyber Monday and religious holidays such as Christmas, Single's Day is an important holiday for Chinese-Americans.   

"Created for Chinese people celebrating being single, Single's Day is one of the best opportunities to reach the Chinese American people to purchase luxury gifts for themselves and others," said Co-Founder and Chief Marketing Officer, Jennifer Wang.    

Electronic companies aren't the only benefactors of Dealmoon's many brand deals from the latter part of 2018.  Other diverse company verticals saw high movement on Dealmoon.com.  Whether it's supplements, handbags or skincare, Dealmoon contributed to millions of dollars in brand sales for companies via their website listings. Co-Founder and CMO Jennifer Wang is very pleased with the results: 

"We started Dealmoon.com with a goal to provide the highest quality items that Chinese-Americans would love through facilitating web traffic to these brands that our customers love.  When these companies report back to use how well they did at the end of last year is icing on the cake!" 

It's customary in Chinese culture to bring a gift when you visit a person's home or invite them somewhere.  The U.S. economy can benefit even more if even more brands realize that Chinese-Americans are constantly purchasing a wide-variety of gifts for their friends and colleagues throughout the year.  Brands like Gucci, BECCA, Chloë and Prada are banking off affluent millennials who love shopping, especially on their phones.  Customers also ramp up purchase gifts in the fourth quarter in anticipation of Chinese New Year on February 5th, 2019.   Promoting while marketing tradition has never been more important.  With over 5 million Chinese-Americans to reach, Dealmoon.com consistently puts lots of effort in research and constantly updating their daily deals.

About: Dealmoon.com is a brand connector to reach luxury-focused Chinese-American millennial shoppers.  With a ubiquitous brand reputation among shoppers of Chinese descent, Dealmoon is the #1 shopping advisory site for this demographic who are projected to consume 44% of the world's luxury product inventory by 2025. Specifically, Dealmoon provides exclusive luxury launches and deals to 17.6M monthly clicks, 20M social followers and the mobile app has been downloaded over 3M times. Since its inception in 2009, brands have sold over $1B through the platform, and Dealmoon is credited with bringing the formerly Chinese-only online shopping day, Singles' Day, to North America's luxury retailers. Dealmoon has been featured in TIME magazine, NASDAQ, Luxury Daily and Internet Retailer and has offices throughout the U.S. and China. For more information, visit www.Dealmoon.com. 

Press Contacts:
Alyson Dutch / Macy Harrell
[email protected] 
310.456.7151

SOURCE Dealmoon

Related Links

http://www.dealmoon.com

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