ECMOHO 618 Analysis: the Overall Trend of "Comprehensive Health" in Consumer Products
30 Junio 2021 - 8:19AM
ECMOHO Limited (Nasdaq: MOHO) (“ECMOHO” or the “Company”), a
leading integrated solutions provider in the health and wellness
market in China, is pleased to announce that on June 18th it held a
sales event, ECMOHO 618, focusing on the growing trend and concept
of “comprehensive health” in consumer health products.
With the ongoing pandemic of the past two years,
consumers have become more aware of health issues and health
related consumption. They are discovering additional health needs
and investing more in health and wellness. They are also demanding
a wider variety of health products, to include supplements,
nutrition, rehabilitation, skincare, and overall health. The
concept of health consumption has been redefined to cover
comprehensive “exquisite healthcare products” that benefit the
entire body, from “head to toe”, “internal to external”.
During the sales event, ECMOHO combined
worldwide resources and collaborated with top domestic and foreign
brands to introduce high-quality health products. The Company also
implemented multiple strategies to increase store traffic and
sales, such as new service models and expanded marketing and sales
channels that include live-streaming on social platforms such as
Douyin, cooperation with key opinion leaders (KOLs) such as
celebrity Liu Tao, and content interaction. The event also
attracted many young consumers and allowed the Company to gather
richer and more diversified consumer and sales data which helped
ECMOHO reach more targeted audiences and higher sales conversion
through offering high-demand items.
With ECMOHO 618 sales event in dozens of
flagship stores on Tmall, JD.com, and other e-commerce platforms,
the Company had a strong start, with many categories and brands in
high demand. People bought a variety of supplements that focus on
prevention of heart failure and arrhythmia, strengthening of
immunity and vitality, and anti-oxidation and anti-aging. Through
innovative marketing and social media promotions, ECMOHO empowered
many well-known domestic and foreign brands, such as Puritan's
Pride, Harbin Pharmaceutical, Wyeth, Nestlé, among others, to
achieve sales during the event.
“Based on user feedback from ECMOHO 618, our
understanding of consumer spending on healthcare products has
become more comprehensive and refined. In the medical health area,
the focus is on establishing convenience and routine. Supplements
such as Puritan’s Pride CoQ10 and Harbin Pharmaceutical’s iron and
B12 Puxue Oral Liquid have become increasingly popular due to
acceleration in pace of work and life and the rapid awakening of
people’s awareness about health management. For example, increasing
stress, insomnia, and other sleep-related issues have driven the
popularity of Puritan's Pride melatonin tablets. People want to
maintain a level of melatonin that is comparable in younger
individuals, to help the body adjust and restore circadian rhythm,
which not only improve the quality of sleep, but more importantly
the functional state of the entire body and the overall quality of
life,” stated Ms. Zoe Wang, Chairman and CEO of ECMOHO.
“Judging from live feedback of the sales event,
consumers not only pay attention to the quality and efficacy of
health products, but also desire more "soft services, such as
health-related knowledge and information sharing. ECMOHO relies on
its professional teams for high-quality health information content
to educate consumers, and utilizes platforms such as Douyin to
share content to raise health awareness.”
ECMOHO successfully enabled many domestic and
foreign health brands to create a comprehensive health-product
promotional event through the use of digital supply chains and
optimal sales strategies. The event not only boasted a series of
marketing successes, but further strengthened brand recognition
among a new generation of consumers, which will help health
companies to create more innovative and personalized products in
the future and to achieve increase brand influence and market
share.
Safe Harbor Statements
This news release contains forward-looking
statements within the meaning of Section 21E of the Securities
Exchange Act of 1934, as amended, and as defined in the U.S.
Private Securities Litigation Reform Act of 1995. These
forward-looking statements can be identified by terminology such as
"will," "expects," "anticipates," "future," "intends," "plans,"
"believes," "estimates," "target," "going forward," "outlook" and
similar statements. Such statements are based upon management's
current expectations and current market and operating conditions,
and relate to events that involve known or unknown risks,
uncertainties and other factors, such as the Company’s partnership
with the Consulate General of Denmark, the Company’s expectations
regarding demand for and market acceptance of products under the
Consulate General of Denmark and the effectiveness of the Company’s
targeted marketing of products of under the Consulate General of
Denmark, all of which are difficult to predict and many of which
are beyond the Company's control, which may cause the Company's
actual results, performance or achievements to differ materially
from those in the forward-looking statements. Further information
regarding these and other risks, uncertainties or factors is
included in the Company's filings with the U.S. Securities and
Exchange Commission. The Company does not undertake any obligation
to update any forward-looking statement as a result of new
information, future events or otherwise, except as required under
applicable law.
About ECMOHO Limited
ECMOHO is a leading integrated solution provider
in the medical health and wellness market in China. The Company
acts as the bridge between brand owners and Chinese consumers by
marketing and distributing health supplements and food, mother and
child care products, personal care products, household healthcare
equipment and other health and wellness products. Through over ten
years of operation, ECMOHO has built an ecosystem where Chinese
consumers are provided with customized health and wellness
solutions that include quality products and trustworthy
content.
For more information, please visit
http://ir.ecmoho.com/.
For investor and media inquiries, please
contact:
ECMOHO Ltd.
Investor Relations
Email: ir@ecmoho.com
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