Why Does the Blind Box Become the "Maotai" of Contemporary Young People?

Authors

  • Qingyang Li
  • Xiangnan Huang
  • Zixi Jin

DOI:

https://doi.org/10.54691/bcpbm.v38i.4119

Keywords:

Blind box; Consumer; Market; China.

Abstract

Nowadays, people's standard of living is getting better and better. The purpose of people's consumption is more eager for spiritual and emotional satisfaction. So the blind box culture has gradually become a part of daily consumption. Therefore, the research theme of this paper is why the blind box has become an indispensable product in the life of young people. The research methods of this paper are as follows: first, find out the earliest origin of the blind box, then collect the relevant data about the development and sales of the blind box, and analyze the marketing strategy of the blind box. The result of this study is that the blind box is very popular among young people, not only because of its diversified series shape, low price and rich IP, but also because of its sales model characterized by random selection, which makes consumers have the psychology of "gambling" and have an "addictive" repurchase desire to the blind box.

Downloads

Download data is not yet available.

References

Haijiang Wu, Xiangning Tian. Impat of Blind Box Economy and Consumer Repurchase Anxiety -- From the Perspective of Customer Experience. Psychiatria Danubina, 34(1): 26-888.

Yi Zhang, Tianqi Zhang. The effect of blind box product uncertainty on consumers’ purchase intention: The mediating role of perceived value and the moderating role of purchase intention. 03 August 2022.

Lige Fu, Zheyu Zhao. Chinese Blind Box Market Needs Regulating, Advances in Economics, Business and Management Research, volume 656, Eli Broad College of Business, East Lansing, 48824, United State, 2022.

XiaoXiang morning paper. POP MART together with its numerous IPs, will shine at the Consumer Expo. 2022. Avaiable at: https://m.toutiao.com/article/7129397716924563976/?wid=1660994552991

Pengpai news. "Open" a 10000 yuan necklace from it? Is this "new blind box" legal? 2022. Avaiable at: https://m.thepaper.cn/newsDetail_forward_19314483

Zhihu. Marketing mode of blind box. 2021. Avaiable at: https://zhuanlan.zhihu.com/p/373424017?ivk_sa=1024320u&utm_id=0

Today's tops. The beauty blind boxes are rampant. Is it innovation or heat?2021. https://m.toutiao.com/article/6949048393511698974/?wid=1662241181313

Zhihu. Development prospect and market scale forecast of 2021 blind box industry. 2022. https://zhuanlan.zhihu.com/p/436337939?utm_id=0.

Baidu. The Compliance Guidelines for Blind Box Business Activities in Shanghai was released. 2022. Avaiable at: https://baijiahao.baidu.com/s?id=1722004906814082700.

D.wanfangdata.com.cn, d.wanfangdata.com.cn/c1c4deca-6639-4daf-ac3b-9ca8fe1b595c. Accessed 3 Oct. 2022.

Baijiahao.baidu.com,baijiahao.baidu.com/s?id=1742265564793711313&wfr=spider&for=pc. Accessed 3 Oct. 2022.

Baijiahao.baidu.com,baijiahao.baidu.com/s?id=1733344846861402027&wfr=spider&for=pc. Accessed 3 Oct. 2022.

Downloads

Published

2023-03-02

How to Cite

Li, Q., Huang, X., & Jin, Z. (2023). Why Does the Blind Box Become the "Maotai" of Contemporary Young People?. BCP Business & Management, 38, 2449-2454. https://doi.org/10.54691/bcpbm.v38i.4119