- RooLife and AFT Pharmaceuticals launched a New Zealand-branded health and well-being online store, 'Kiwi Health' in the Chinese marketplace on Alibaba's Tmall Global.
- RLG will provide digital marketing, product distribution, and store operation for AFT Pharmaceuticals' health products on the Alibaba's Tmall Global platform.
- The online store aims to leverage the substantial brand awareness of AFP's product range under the "Kiwi's thinking about health" branding.
- Kiwi Health store is launched in advance of and in preparation for Alibaba's 11.11 Global Shopping Festival to be held on 11 November 2020.
RooLife Group ltd (ASX: RLG) offers fully integrated digital marketing and eCommerce services with a key focus on driving sales in Australia and China. It provides personalised, real-time, targeted marketing for the partner brands, thanks to its proprietary hyper-personalisation and profiling Artificial Intelligence System.
On 22 October 2020, RooLife along with AFT Pharmaceuticals Limited (ASX: AFP), launched Kiwi Health, a New Zealand-branded health and well-being store on Alibaba's Tmall Global marketplace.
Alibaba Group and New Zealand Trade and Enterprise (NZTE), which is the New Zealand government's international business development agency, also supported the launch of Kiwi Health.
Image source: ASX announcement dated 22 October 2020
Must read: RooLife Group: The Online Gateway to China
RLG provides store operation, digital marketing, and product distribution that drives sales of AFP products on the Alibaba's Tmall Global platform. Tmall Global is China's largest cross-border marketplace and the premier channel through which, without the need for physical operations in China, international brands and retailers can reach Chinese consumers. These brands gain valuable consumer insights in forming their overall China strategy and build brand awareness through Tmall Global, without setting up a physical presence in China.
Preparation for Alibaba's 11.11 Global Shopping Festival
The Kiwi Health store sells a range of health and well-being products online in China. The online store strives to leverage the strong brand awareness of AFP's product range under the "Kiwi's thinking about health" branding. Also, it seeks to build brand value for New Zealand products in China.
Kiwi Health store is launched in advance of and in preparation for Alibaba's 11.11 Global Shopping Festival to be held on 11 November 2020. The global Festival is the world's largest online shopping event hosted annually on 11 November. Several merchants and consumers participate in the event, and during the Festival, Kiwi Health is planning a series of promotions to Chinese consumers.
Heads of all the stakeholders commented on the launch
RooLife Managing Director, Bryan Carr, Commented
Image Source: © Kalkine Group 2020, data source: ASX announcement dated 22 October 2020
AFT Pharmaceuticals Founder and CEO, Dr Hartley Atkinson, highlighted that their products are already garnering a strong following with the local Chinese consumers living in New Zealand and Australia. The company is optimistic that the launch of Kiwi Health will further help it in amplifying the digital presence.
Alibaba Group's Managing Director in Australia and New Zealand, Maggie Zhou, stated that the company is delighted with this launch. Further, she believes that NZ products have a strong reputation in China, and now Chinese care more about their health and wellness than ever before.
New Zealand Trade and Enterprise's General Manager Customers, Lisa Thompson, acknowledged the fact that COVID-19 has accentuated the need for a strong digital strategy, for exporters. She further stated that it was fantastic to see AFT Pharmaceuticals set up their flagship store on Tmall.
Stock performance: On 23 October 2020, RLG closed the day's trade at AUD 0.037, down by 7.5 per cent with a market capitalisation of 23.18 million.