Finance:Faceu
Faceu (Chinese: 激萌) is a heat beauty selfie camera app for smartphone. This app uses AR technology to allow users to choose their favorite stickers or add interesting and exaggerated effects in real-time when taking selfies and videos. It was launched in 2016 and had 250 million registered users in 2017. Most of the users of Faceu are females from 15 to 35 years old.[1][2] In February 2018, Faceu was acquired by China media startup Toutiao, which is worth about $300 million.[3][4]
The app was banned in India (along with other Chinese apps) on 2 September 2020 by the government, the move came amid the 2020 China-India skirmish.[5][6]
Online marketing
There are many selfie camera apps in China such as MeituPic, Pitu and Camera360. Faceu decided to focus on the social function, it added IM block where users can add other users and have a funny video chat with their friends or strangers. The photos and short videos will be deleted in a short time after sharing to protect users' privacy, which can encourage users to use Faceu more freely.[7] Faceu have cooperated with brands like CHANEL, Michael Kors and KFC to launch social media campaigns by designing specific stickers. In 2016, Faceu cooperated with Meipai which belongs to MeituPic, and launched a rainbow effect activity. As the main users group of Meipai is similar to Faceu, this activity had great success and Faceu ranked straightly to top one in the App Store list from around 80 within just 3 days. In October 2017, Faceu launched a special function during Mid-Autumn festival and National Day. When users upload their selfie onto the App, the photo will be changed into a painting with Chinese ancient costume or Chinese military uniform. Then many people posted their edited photos on WeChat and Weibo, which made it became a hotspot for a long time. Hence, more and more people download it to catch up the trend. Additionally, Faceu also cooperated with more than 50 celebrities on the social media, such as Papi jiang, Liu Yifei, Wu Chun and Sun Honglei to cover different kinds of customers. Celebrities will post selfies or short videos with the logo on social media or appear with the cute effects on the TV show.[8] Faceu's online marketing was a great success. The main reason is that the cost of users' participation is low, they just need to upload a selfie, and wait for a few seconds. Besides, they know what their customers want and choose the right time to launch the effective strategies. Lastly, Faceu group has elicited users emotional and resonance utilizing key opinion leaders (KOL) and acquaintances social.[9]
Offline marketing
On the first day of 2018, Faceu have cooperated with PUMA and Bobbi Brown and set up a fancy shop in Shanghai. This shop called 'U funny laboratory' have fashion and interesting decoration, which is an excellent place for the hot bloggers to take photos. Faceu have successfully discovered the interest of the young, utilized its own functions and connected the brand with fashion.
References
- ↑ Heathcote, Ben (23 February 2018). "AR selfie app Faceu 'acquired in $300m deal'". http://www.businessofapps.com/ar-selfie-app-faceu-acquired-in-300m-deal/. Retrieved 15 March 2018.
- ↑ Ruan, Ruan (4 July 2017). "5 Major Beauty Apps in China You Should Know | Jing Daily". https://jingdaily.com/5-major-beauty-apps-in-china-you-should-know/. Retrieved 15 March 2018.
- ↑ Wirdana, Ardi. "China's Toutiao said to acquire local selfie app Faceu for $300m". dealstreetasia.com. https://www.dealstreetasia.com/stories/toutiao-selfie-app-faceu-92804/. Retrieved 15 March 2018.
- ↑ "今日头条3亿美元收购相机拍照工具Faceu激萌" (in zh). ifeng.com. 18 February 2018. http://finance.ifeng.com/a/20180218/15990265_0.shtml. Retrieved 16 March 2018.
- ↑ "Government Bans 118 mobile apps which are prejudicial to sovereignty and integrity of India, defence of India, security of state and public order.". Press Information Bureau, Government of India. 2 September 2020. https://pib.gov.in/PressReleasePage.aspx?PRID=1650669.
- ↑ Yasir, Sameer; Kumar, Hari (2020-09-02). "India Bans 118 Chinese Apps as Indian Soldier Is Killed on Disputed Border" (in en-US). The New York Times. ISSN 0362-4331. https://www.nytimes.com/2020/09/02/world/asia/india-bans-china-apps.html.
- ↑ 水水, 二 (16 January 2016). "脸萌团队又一新作：Faceu 会成为下一个 "爆款" 吗？" (in zh-CN). https://36kr.com/p/5042368.html. Retrieved 15 March 2018.
- ↑ "从卖萌自拍APP到跨界时尚网红，看Faceu激萌如何把营销玩得飞起！ - 数英". digitaling.com. https://www.digitaling.com/articles/42753.html. Retrieved 16 March 2018.
- ↑ "Faceu激萌双节走心营销， 用自拍秀情怀 | 极客公园". http://www.geekpark.net/news/222955. Retrieved 16 March 2018.
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