The joy of shopping -- and how to recapture it online | Nimisha Jain

39,890 views ใƒป 2021-02-11

TED


ืื ื ืœื—ืฅ ืคืขืžื™ื™ื ืขืœ ื”ื›ืชื•ื‘ื™ื•ืช ื‘ืื ื’ืœื™ืช ืœืžื˜ื” ื›ื“ื™ ืœื”ืคืขื™ืœ ืืช ื”ืกืจื˜ื•ืŸ.

00:00
Transcriber: Leslie Gauthier Reviewer: Joanna Pietrulewicz
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ืชืจื’ื•ื: zeeva livshitz ืขืจื™ื›ื”: Ido Dekkers
ื›ืฉื’ื“ืœืชื™, ืื—ื“ ื”ื–ื›ืจื•ื ื•ืช ื”ื™ืคื™ื ืฉืœื™
ื”ื™ื” ืœืœื›ืช ื›ืœ ื—ื•ื“ืฉ ืœืฉื•ืง ืžืงื•ืžื™ ืขื ืืžื ืฉืœื™
ื‘ืขื™ื™ืจื” ื”ืงื˜ื ื” ื‘ื”ื•ื“ื• ื‘ื” ื’ืจื ื•.
00:13
Growing up, one of my fondest memories
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ื”ื™ื™ื ื• ืžื‘ืœื•ืช ืืช ื”ื‘ื•ืงืจ ื‘ื”ืœื™ื›ื” ื‘ืžื‘ื•ืš ืžืกื•ื‘ืš
00:16
was of going to a local market with my mom every month
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ืฉืœ ื—ื ื•ื™ื•ืช ืงื˜ื ื•ืช ื•ืจื•ื›ืœื™ ืจื—ื•ื‘,
00:20
in the small town in India where we lived.
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ืขื•ืฆืจื•ืช ื‘ืžืงื•ืžื•ืช ื”ืื”ื•ื‘ื™ื ืขืœื™ื” ืฉื‘ื”ื ื›ื•ืœื ื”ื›ื™ืจื• ืื•ืชื”,
00:24
We would spend the morning walking through an intricate maze
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ืžื’ืœื” ืื™ื–ื” ืคื™ืจื•ืช ื”ื™ื• ื‘ืขื•ื ื”
00:27
of small stores and street vendors,
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ื•ืื™ื–ื” ื›ืœื™ ืžื˜ื‘ื— ื”ื™ื• ื‘ืžืœืื™.
00:30
stopping at her favorite spots where everyone knew her,
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ื”ื™ื ื”ื™ื™ืชื” ืžื‘ืœื” ืฉืขื•ืช ื›ืฉื”ื™ื ื‘ื•ื—ื ืช ื“ื‘ืจื™ื ืžื›ืœ ื”ื–ื•ื•ื™ื•ืช,
00:34
discovering what fruits were in season
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ื‘ื•ื—ื ืช ืืช ื”ืžื•ื›ืจื™ื ืขืœ ื”ืื™ื›ื•ืช ืฉืœื”ื ื•ืžืื™ืคื” ื‘ืื•.
00:37
and what kitchenware was in stock.
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00:39
She would spend hours examining things from all angles,
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ื”ื ื”ื™ื• ืžืจืื™ื ืœื” ืืช ื”ื›ืœื™ื ื•ื”ืื‘ื™ื–ืจื™ื ื”ืขื“ื›ื ื™ื™ื ื‘ื™ื•ืชืจ,
00:43
quizzing sellers on their quality and where they came from.
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ื‘ื•ื—ืจื™ื ืขื‘ื•ืจื” ืืช ืืœื” ืฉื™ื“ืขื• ืฉื”ื™ื ืชืจืฆื”.
ื•ืชืžื™ื“ ื—ื–ืจื ื• ืฉืžื—ื•ืช ื•ืžืจื•ืฆื•ืช,
00:48
They would show her the latest tools and gadgets,
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ื”ื–ืจื•ืขื•ืช ืฉืœื ื• ืขืžื•ืกื•ืช ื‘ืขืฉืจื•ืช ืฉืงื™ื•ืช ืงื ื™ื•ืช
00:51
picking the ones that they knew she would like.
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ืœืื—ืจ ืฉืงื ื™ื ื• ื›ืœ ื›ืš ื”ืจื‘ื” ื™ื•ืชืจ ืžืžื” ืฉื”ืชื›ื•ื•ื ื• ืžืœื›ืชื—ื™ืœื”.
00:55
And we always walked back happy and satisfied,
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00:59
our arms overflowing with dozens of shopping bags
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ืขืฉื•ืจ ืœืื—ืจ ืžื›ืŸ,
ื›ืกื˜ื•ื“ื ื˜ื™ืช ื‘ืžื›ืœืœื” ื‘ืขื™ืจ ื”ื”ื•ืžื” ื“ืœื”ื™,
01:03
having bought so much more than what we originally intended.
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ื—ื‘ืจื•ืชื™ื™ ื•ืื ื™ ื”ื™ื™ื ื• ืžื‘ืœื•ืช ื›ืžื” ืฉืขื•ืช ื“ื•ืžื•ืช ืžื“ื™ ื—ื•ื“ืฉ
ื‘โ€œืจื—ื•ื‘ ื”ืื•ืคื ื”โ€œ,
01:08
A decade later,
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01:09
as a college student in the bustling city of Delhi,
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ืฉื–ื• ืœืฉื•ืŸ ื ืงื™ื™ื” ืœืฉื•ืจืช ื”ื—ื ื•ื™ื•ืช ื”ืงื˜ื ื•ืช
01:12
my friends and I would spend a similar few hours every month
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ืขื ื”ื‘ื’ื“ื™ื ื”ืขื“ื›ื ื™ื™ื ื‘ื™ื•ืชืจ ื‘ืžื—ื™ืจื™ื ืžืขื•ืœื™ื.
01:16
on "Fashion Street,"
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ื”ื™ื™ื ื• ืžื‘ืœื•ืช ืฉืขื•ืช ืžื—ื˜ื˜ื•ืช ื‘ืขืจื™ืžื•ืช ื‘ื’ื“ื™ื,
01:17
a euphemism for the row of small stores
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ืžื ืกื•ืช ืขืฉืจื•ืช ืงื™ืฉื•ื˜ื™ื,
01:20
with the latest clothes at great prices.
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ืŸืžืงื‘ืœื•ืช ืขืฆื•ืช ืื—ืช ืžื”ืฉื ื™ื” ืขืœ ืžื” ืฉื ืจืื” ื˜ื•ื‘
01:24
We would spend hours rummaging through piles of clothes,
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ื•ืžื” ื”ื™ื” ื‘ืื•ืคื ื”.
ืื– ื”ื™ื™ื ื• ืžืฉืœื‘ื•ืช ืืช ื›ืœ ืžื” ืฉืงื ื™ื ื•
01:28
trying on dozens of trinkets,
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ื›ื“ื™ ืœื ื”ืœ ืžืฉื ื•ืžืชืŸ ืขืœ ื”ื ื—ื” ื’ื“ื•ืœื”.
01:30
getting advice from each other on what looked good
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ืœื›ืœ ืื—ืช ืžืื™ืชื ื• ื”ื™ื• ืชืคืงื™ื“ื™ื ืฉื•ื ื™ื.
01:32
and what was on trend.
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01:34
We would then combine everything we had bought
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ืื—ืช ื”ื™ืชื” ื ื”ื“ืจืช ื‘ื”ืจื›ื‘ืช ื”ืžืจืื”.
ืื—ืจืช ื”ื™ืชื” ื˜ื•ื‘ื” ื™ื•ืชืจ ื‘ืžืฉื ื•ืžืชืŸ ืขืœ ื”ื”ื ื—ื”.
01:37
to negotiate a big discount.
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01:40
Each of us had different roles.
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ื•ืฉืœื™ืฉื™ืช ื”ื™ืชื” ืชืžื™ื“ ืžืคืงื—ืช ืขืœ ื”ื–ืžืŸ
01:42
One was great at putting the look together.
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ื›ื“ื™ ืœื•ื•ื“ื ืฉื ื—ื–ื•ืจ ืœื‘ื™ืช ื”ืกืคืจ ื‘ื–ืžืŸ.
01:45
Another one was better at negotiating the discount.
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ืงื ื™ื•ืช ื–ื” ื”ืจื‘ื” ื™ื•ืชืจ ืžืžื” ืฉืืชื ืงื•ื ื™ื.
01:49
And a third was always the timekeeper
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ื–ื” ืฆื™ื“ ืื•ืฆืจื•ืช ืœื’ืœื•ืช ืžืฉื”ื• ื—ื“ืฉ
01:51
to make sure that we got back to school on time.
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ื”ืžืœืฆื” ืื™ืฉื™ืช ืžืžื™ืฉื”ื• ืฉืืชื ืกื•ืžื›ื™ื ืขืœื™ื•.
01:55
Shopping is so much more than what you buy.
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ื–ื” ืžืฉื ื•ืžืชืŸ ื›ื“ื™ ืœื”ืฉื™ื’ ืืช ื”ืขืกืงื” ื”ื’ื“ื•ืœื” ื”ื–ื•
01:58
It's a treasure hunt to discover something new,
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ื•ื–ืžืŸ ื‘ื™ืœื•ื™ ื•ืขื™ื“ื›ื•ืŸ ืขื ื—ื‘ืจื™ื ื•ืžืฉืคื—ื”.
02:00
a personalized recommendation from someone you trust.
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ื–ื” ื—ื‘ืจืชื™, ื–ื” ืื™ื ื˜ืจืืงื˜ื™ื‘ื™,
02:04
It's a negotiation to get that great deal
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ื–ื” ืฉื™ื—ืชื™.
02:07
and a time spent catching up with friends and family.
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ื‘ืžื”ืœืš ืฉื ื™ ื”ืขืฉื•ืจื™ื ื”ืื—ืจื•ื ื™ื,
ื—ืงืจืชื™ ืฆืจื›ื ื™ื ื‘ืฉื•ื•ืงื™ื ืžืชืขื•ืจืจื™ื ื‘ืจื—ื‘ื™ ื”ืขื•ืœื,
02:11
It's social, it's interactive,
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02:13
it's conversational.
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ื›ืฉืื ื™ ื—ื•ืคืจืช ืžืชื—ืช ืœืคื ื™ ื”ืฉื˜ื— ื›ื“ื™ ืœื”ื‘ื™ืŸ ื‘ืืžืช ืžื™ ื”ื,
02:15
Over the last two decades,
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02:17
I have been researching consumers in emerging markets around the world,
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ืื™ืš ื”ื ื—ื™ื™ื
ื•ืžื” ื”ื ืจื•ืฆื™ื ื›ืฉื”ื ื”ื•ืœื›ื™ื ืœืงื ื™ื•ืช.
02:22
digging beneath the surface to truly understand who they are,
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ืงื ื™ื•ืช, ื›ืžื• ื›ืœ ื“ื‘ืจ ืื—ืจ, ืขื‘ืจื• ืœืื™ื ื˜ืจื ื˜.
ืงื ื™ื•ืช ื‘ืื™ื ื˜ืจื ื˜ ื–ื” ื ื”ื“ืจ.
02:26
how they live
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02:27
and what they want when they go shopping.
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ื–ื” ื ื•ื— -- ื‘ืœื—ื™ืฆืช ื›ืคืชื•ืจ,
02:30
Shopping, like everything else, has moved online.
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ื”ื›ืœ ื ืฉืœื— ืขื“ ืคืชื— ื‘ื™ืชื›ื.
ื™ืฉ ื‘ื–ื” ื”ื›ืœ.
ื™ืฉ ืœื–ื” ืžื—ื™ืจื™ื ืžืขื•ืœื™ื.
02:34
Shopping online is great.
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ืื‘ืœ ื–ื” ื’ื ืกื˜ื˜ื™ ื•ืœื ืื™ืฉื™.
02:36
It's convenient -- at the click of a button,
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ืืชื ื™ื•ืฉื‘ื™ื ืœื‘ื“ ืžื•ืœ ืžื—ืฉื‘ ืื• ื˜ืœืคื•ืŸ ื ื™ื™ื“
02:38
delivered to your doorstep.
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02:40
It has everything.
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02:41
It has great prices.
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ืžื’ื•ืœืœื™ื ื‘ื™ืŸ ืžืื•ืช ืืคืฉืจื•ื™ื•ืช ืฉื–ื•ื”ื• ืขืœ-ื™ื“ื™ ืืœื’ื•ืจื™ืชื
02:43
But it's also static and impersonal.
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02:46
You sit alone in front of a computer or a mobile phone
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ื•ื ืžืกืจื™ื ืขืœ ื™ื“ื™ ืžื›ื•ื ื”.
ื›ืฉื™ืฉ ืœื›ื ืฉืืœื”,
02:50
scrolling through hundreds of choices identified by an algorithm,
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ืืชื ืžืชืงืฉืจื™ื ืขื ืžื›ื•ื ื” ืื—ืจืช ืื• ื‘ื•ื˜ --
ืจืง ืœืขืชื™ื ืจื—ื•ืงื•ืช ืขื ืื“ื ืืžื™ืชื™.
02:54
delivered by a machine.
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02:56
When you do have a query,
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ืžื” ืฉืžื“ื”ื™ื ืื•ืชื™ ื‘ื–ื”
02:58
you interact with another machine or a bot --
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ื”ื•ื ื›ืฉืืชื ืžื“ื‘ืจื™ื ืขื ืื ืฉื™ ืžื›ื™ืจื•ืช ืžืฆืœื™ื—ื™ื,
03:01
rarely an actual human being.
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ื”ื ืชืžื™ื“ ื™ืืžืจื• ืœื›ื
ืฉื”ืกื•ื“ ืœืกื’ื™ืจืช ืžื›ื™ืจื” ื”ื•ื ื”ืฉื™ื—ื”.
03:05
What puzzles me about this
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03:07
is when you speak to a successful salesperson,
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ืื ืฉื™ื ืจื•ืฆื™ื ืœืงื ื•ืช ืžืื ืฉื™ื ืื—ืจื™ื.
03:10
they will always tell you
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ืื– ืœืžื” ืื ื—ื ื• ืฉื•ื›ื—ื™ื ืืช ื”ืžืจื›ื™ื‘ ื”ื—ืฉื•ื‘ ื‘ื™ื•ืชืจ ื”ื–ื”
03:12
that the secret to closing a sale is the conversation.
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ื›ืฉืื ื—ื ื• ืงื•ื ื™ื ื‘ืื™ื ื˜ืจื ื˜?
03:16
People want to buy from other people.
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ื”ื—ื•ื•ื™ื” ื”ืœื ืื™ืฉื™ืช, ื”ืื ื•ื ื™ืžื™ืช ื”ื–ื• ืžื•ืชื™ืจื” ืจื‘ื™ื ืžืื™ืชื ื• ืคื—ื•ืช ืžืจื•ืฆื™ื.
03:20
So why do we forget this most crucial ingredient
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03:23
when we shop online?
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ื”ืชืฉื•ืื•ืช ื”ืŸ ื‘ืฉื™ื ืฉืœ ื›ืœ ื”ื–ืžื ื™ื,
03:25
This impersonal, anonymous experience is leaving many of us less satisfied.
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ื•ืื ื—ื ื• ื ืฉืืจื™ื ื‘ืชื—ื•ืฉื” --
ืงื ื™ืชื™ ื™ื•ืชืจ ืžื“ื™?
ื”ืื ืงื ื™ืชื™ ืžืขื˜ ืžื“ื™?
ื”ืื ื–ื” ื‘ืืžืช ื ืจืื” ื˜ื•ื‘ ืขืœื™?
03:32
Returns are at an all-time high,
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ื”ืื ื‘ื›ืœืœ ื”ื™ื™ืชื™ ืฆืจื™ืš ืืช ื–ื”?
03:34
and we're left feeling --
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ื•ืขื‘ื•ืจ ืžื™ืœื™ืืจื“ ื”ืฆืจื›ื ื™ื ืฉื—ื“ืฉื™ื ื‘ืื™ื ื˜ืจื ื˜
03:36
did I buy too much?
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03:37
Did I buy too little?
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ื‘ืฉื•ื•ืงื™ื ืžืชืขื•ืจืจื™ื,
03:39
Does it really look good on me?
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ืงื ื™ื•ืช ื‘ืื™ื ื˜ืจื ื˜ ื™ื›ื•ืœื•ืช ืœื”ื™ื•ืช ืžื”ืžืžื•ืช.
03:41
Did I even need this?
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03:43
And for the one billion consumers who are new to the internet
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ื”ื ืœื ื‘ื˜ื•ื—ื™ื ืื ื”ื ื™ืงื‘ืœื• ืืช ืžื” ืฉื”ื ื™ื›ื•ืœื™ื ืœืจืื•ืช,
03:46
in emerging markets,
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ืœื ื‘ื˜ื•ื—ื™ื ืื ื”ื ื™ื›ื•ืœื™ื ืœืกืžื•ืš ืขืœ ื”ืžื•ื›ืจ.
03:48
shopping online can be overwhelming.
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ืžื” ืื ื”ื›ืกืฃ ืฉืœื”ื ื™ืœืš ืœืื™ื‘ื•ื“ ื‘ืžืจื—ื‘ ื”ื•ื•ื™ืจื˜ื•ืืœื™?
03:52
They are unsure whether they'll get what they can see,
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ื”ืฉืืœื” ื”ื™ื:
ื”ืื ื ื•ื›ืœ ืœื™ืฆื•ืจ ืฉื™ื—ื” ืื ื•ืฉื™ืช ืื•ืชื ื˜ื™ืช, ืืžื™ืชื™ืช ื‘ืงื ื” ืžื™ื“ื” ื’ื“ื•ืœ?
03:55
unsure whether they can trust the seller.
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03:57
What if their money gets lost in cyberspace?
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04:01
The question is:
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ื”ืื ื ื•ื›ืœ ืœื™ืฆื•ืจ ืžืงื•ืžื•ืช ืฉื•ืง ืžืงื•ื•ื ื™ื ืฉื”ื ื ื•ื—ื™ื ื•ืฉื•ืคืขื™ื
04:03
can we create authentic, real, human conversation at scale?
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ื•ืื ื•ืฉื™ื™ื?
ื”ื—ื“ืฉื•ืช ื”ื˜ื•ื‘ื•ืช ื”ืŸ ืฉื”ืชืฉื•ื‘ื” ื”ื™ื ื›ืŸ.
04:09
Can we create online marketplaces that are convenient and abundant
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ื—ื‘ืจื•ืช ื‘ืฉื•ื•ืงื™ื ืžืชืคืชื—ื™ื ื‘ืจื—ื‘ื™ ื”ืขื•ืœื,
04:15
and human?
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ื‘ืกื™ืŸ, ื”ื•ื“ื• ื•ื“ืจื•ื ืžื–ืจื— ืืกื™ื”,
04:17
The good news is that the answer is yes.
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ืขื•ืฉื•ืช ื‘ื“ื™ื•ืง ืืช ื–ื”,
04:20
Companies in emerging markets around the world,
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ื‘ืืžืฆืขื•ืช ื“ื’ื ืฉืื ื™ ืงื•ืจืืช ืœื• ืžืกื—ืจ ืฉื™ื—ืชื™.
04:24
in China, India and Southeast Asia,
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ืงืฉื” ืœื”ืืžื™ืŸ, ืœื?
04:26
are doing just this,
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ืื‘ืœ ื”ืจืฉื• ืœื™ ืœืชืช ืœื›ื ื›ืžื” ื“ื•ื’ืžืื•ืช.
04:29
using a model that I call conversational commerce.
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ืจืืฉื™ืช: Meesho,
ื—ื‘ืจื” ื”ื•ื“ื™ืช ืฉื‘ื” ื ื™ืชืŸ ืœื‘ื ื•ืช ืžืขืจื›ืช ื™ื—ืกื™ื ืžื”ื™ืžื ื” ื•ืื•ืชื ื˜ื™ืช
04:33
It's hard to believe, isn't it?
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04:35
But let me give you a few examples.
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ืขื ืžื•ื›ืจ ื‘ืื™ื ื˜ืจื ื˜.
04:39
First: Meesho,
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04:40
an Indian company where you can build a trusted and authentic relationship
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ื”ื—ืœืง ื”ื›ื™ ื˜ื•ื‘ ื‘ืงื ื™ื•ืช ืขื ืืžื ืฉืœื™
ื”ื™ื” ืฉื”ืžื•ื›ืจื™ื ื™ื“ืขื• ืžื™ ื”ื™ื
ื•ื”ื™ื ื™ื“ืขื” ืฉื”ื™ื ื™ื›ื•ืœื” ืœืกืžื•ืš ืขืœื™ื”ื.
04:46
with a seller online.
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04:48
The best part about shopping with my mom
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ื”ื ื”ื™ื• ืžื—ืคืฉื™ื ื‘ื™ืŸ ืžืื•ืช ืฉืœ ืืคืฉืจื•ื™ื•ืช ื‘ื—ื ื•ืช
04:51
was that the sellers knew who she was
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ื•ื‘ื•ื—ืจื™ื ื•ืžืฆื™ืขื™ื ื”ืžืœืฆื•ืช ืื™ืฉื™ื•ืช ืจืง ื‘ืฉื‘ื™ืœื”,
04:53
and she knew that she could trust them.
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04:56
They would scroll through the hundreds of choices in the store
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ื™ื•ื“ืขื™ื ืžื” ื”ื™ื ืชืจืฆื” ื•ืžื” ื™ืขื‘ื•ื“ ื‘ืฉื‘ื™ืœื”.
05:00
and pick and make personalized recommendations just for her,
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ืงืฉื” ืœื“ืžื™ื™ืŸ ืฉื“ื‘ืจ ื›ื–ื” ืงื•ืจื” ื‘ืื™ื ื˜ืจื ื˜ ื‘ืงื ื” ืžื™ื“ื” ื›ื–ื”,
ืื‘ืœ ื–ื” ื‘ื“ื™ื•ืง ืžื” ืฉ-Meesho ืขื•ืฉื™ื.
05:05
knowing what she would like and what would work for her.
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ื‘-Meesho ืืชื ื™ื›ื•ืœื™ื ืœืขืจื•ืš ืงื ื™ื•ืช ืฉื•ื‘ ื•ืฉื•ื‘,
05:08
It's hard to imagine such a thing happening online on that scale,
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ืืœื ืฉื‘ืžืงื•ื ืื™ื ื˜ืจืืงืฆื™ื” ืขื ื–ืจ ืื• ื‘ื•ื˜,
05:12
but that's exactly what Meesho is doing.
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05:14
On Meesho, you can shop over and over and over again,
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ืืชื ืžืชืงืฉืจื™ื ืขื ืื•ืชื• ืื“ื:
ื ืฆื™ื’ื” ืฉืœ Meesho ืฉื”ื™ื ื‘ืŸ ืื“ื ืืžื™ืชื™
05:19
but instead of interacting with a stranger or a bot,
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ืฉืืชื ืžืชืงืฉืจื™ื ืื™ืชื” ื‘ืืžืฆืขื•ืช ืžื“ื™ื” ื—ื‘ืจืชื™ืช.
05:23
you interact with the same person:
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ืขื ื”ื–ืžืŸ ื”ื™ื ืœื•ืžื“ืช ืœื”ื›ื™ืจ ืืชื›ื ื˜ื•ื‘ ื™ื•ืชืจ.
05:26
a representative of Meesho who is a real human being
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ื”ื™ื ืžื›ื™ืจื” ืžื” ืืชื ืื•ื”ื‘ื™ื
ื•ืžื” ืื™ื ื›ื ืื•ื”ื‘ื™ื,
05:30
that you interact with via social media.
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ืžื” ืืชื ืงื•ื ื™ื ื•ืžืชื™ ืืชื ืงื•ื ื™ื ืืช ื–ื”.
05:33
Over time, she gets to know you better.
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ื•ืืชื ืœื•ืžื“ื™ื ืœืกืžื•ืš ืขืœื™ื”.
ืœืžืฉืœ, ื”ื™ื ืชืฉืœื— ื”ื•ื“ืขื” ืœืื—ื•ืชื™ ืžืžืฉ ืœืคื ื™ ื“ื™ื•ื•ืืœื™
05:36
She knows your likes,
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05:37
your dislikes,
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05:39
what you buy and when you buy it.
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ืขื ืžื’ื•ื•ืŸ ื—ื“ืฉ ืฉืœ ืกืืจื™ ืืจื•ื’ ื‘ื™ื“.
05:41
And you learn to trust her.
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ื”ื™ื ื™ื•ื“ืขืช ืฉืื—ื•ืชื™ ืื•ื”ื‘ืช ืกืืจื™ื --
05:44
For example, she will message my sister right before Diwali
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ื™ืฉ ืœื” ืฉื ื™ ืืจื•ื ื•ืช ืžืœืื™ื ื‘ื”ื --
ืื‘ืœ ื”ื™ื ื’ื ื™ื•ื“ืขืช ืฉืื—ื•ืชื™ ืชืžื™ื“ ืงื•ื ื” ืกืืจื™ ืœืคื ื™ ื“ื™ื•ื•ืืœื™
05:48
with a new range of hand-loomed saris.
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05:51
She knows my sister loves saris --
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ืœืขื•ื ืช ื”ื—ื’ื™ื ื”ื”ื•ื“ื™ืช.
05:53
I mean, she has two cupboards full of them --
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ื•ื”ื™ื ื’ื ื™ื•ื“ืขืช ืื™ื–ื” ืกื•ื’ ืกืืจื™ ื”ื™ื ื”ื™ื™ืชื” ืจื•ืฆื”.
05:55
but she also knows that my sister always buys a sari right before Diwali
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ืื– ื‘ืžืงื•ื ืœืฉืœื•ื— ืœื” ืžืื•ืช ืืคืฉืจื•ื™ื•ืช,
06:00
for the Indian festive season.
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ื”ื™ื ื‘ื•ื—ืจืช ืืช ื”ืฆื‘ืขื™ื ื•ื”ืกื’ื ื•ื ื•ืช
06:02
And she also knows the kind of saris she would like.
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ืฉื”ื™ื ื™ื•ื“ืขืช ืฉื™ืžืฆืื• ื—ืŸ ื‘ืขื™ื ื™ ืื—ื•ืชื™.
06:06
So instead of sending her hundreds of choices,
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ื•ืื– ื”ื™ื ืขื•ื ื” ืขื ื”ืฉืืœื•ืช ื”ื‘ืœืชื™ ืคื•ืกืงื•ืช ืฉืœื”.
06:09
she picks and chooses the colors and styles
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ืื™ืš ืžืจื’ื™ืฉ ื”ืžืฉื™? ืื™ืš ื”ื‘ื“ ื ื•ืคืœ?
06:12
that she knows my sister would like.
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ื”ืื ื”ืฆื‘ืข ื”ื–ื” ื™ื”ื™ื” ื™ืคื” ืขืœื™?
06:14
And then she answers her relentless questions.
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ื•ืขื•ื“ ื”ืจื‘ื” ื›ืืœื”.
ื–ื” ื‘ืืžืช ื“ื’ื ื”ื™ื‘ืจื™ื“ื™,
06:18
How does the silk feel? How does the fabric fall?
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ืฉื™ืœื•ื‘ ืฉืœ ื ื•ื—ื•ืช ื•ื”ื™ืงืฃ ืฉืœ ื—ื‘ืจื” ื’ื“ื•ืœื”
06:21
Will this color look nice on me?
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06:23
And so many more.
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ืขื ื”ืงืฉืจ ื”ืื™ืฉื™ ื”ืžื”ื™ืžืŸ
06:25
It truly is a hybrid model,
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ืฉื”ื™ื™ืช ืžืฆืคื” ืžื”ื—ื ื•ืช ืฉืžืขื‘ืจ ืœืคื™ื ื”.
06:27
combining the convenience and scale of a large company
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ื”ื“ื•ื’ืžื” ื”ื‘ืื” ืฉืœื™ ื”ื™ื LazLive.
06:32
with the trusted personal relationship
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ื‘-LazLive ื‘ืชืื™ืœื ื“,
06:35
that you would expect from the shop around the corner.
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ืืชื ื™ื›ื•ืœื™ื ืœืฆืคื•ืช ื‘ืžื•ื›ืจื™ื ืืžื™ืชื™ื™ื ืฉืžืชืืจื™ื ืœื›ื ืžื•ืฆืจื™ื
06:39
My next example is LazLive.
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ื‘ืืžืฆืขื•ืช ื–ืจื ื•ื™ื“ืื• ื—ื™.
06:42
On LazLive in Thailand,
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06:44
you can watch real sellers describing products to you
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ืขื›ืฉื™ื•, ืื ื™ ืื•ื”ื‘ืช ืชื™ืงื™ื.
ื•ื›ืฉืื ื™ ื‘ื—ื ื•ืช,
ืื ื™ ืื•ื”ื‘ืช ืœื‘ื—ื•ืŸ ืชื™ืง ื™ื“ ืžื›ืœ ื”ื–ื•ื•ื™ื•ืช ืœืคื ื™ ืฉืื ื™ ืงื•ื ื” ืื•ืชื•.
06:49
via a live video stream.
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06:52
Now, I love handbags.
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ืื ื™ ืฆืจื™ื›ื” ืœื”ืจื’ื™ืฉ ืืช ื”ืžืจืงื ืขืœ ื”ืขื•ืจ ืฉืœื™,
06:54
And when I am in a store,
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ืœืชืœื•ืช ืื•ืชื• ืขืœ ื”ื›ืชืฃ ืฉืœื™ ื•ืœืจืื•ืช ืื™ืš ื–ื” ื ืจืื”,
06:56
I like to examine a handbag from all angles before I buy it.
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ืœืจืื•ืช ืžื” ืื•ืจืš ื”ืจืฆื•ืขื”,
ืœืคืชื•ื— ืื•ืชื• ื•ืœื”ืกืชื›ืœ ืขืœ ื”ื›ื™ืกื™ื ื‘ืคื ื™ื
07:00
I need to feel the texture on my skin,
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ื›ื“ื™ ืœื•ื•ื“ื ืฉื™ืฉ ืžืกืคื™ืง ืžืงื•ื ืœื›ืœ ืžื™ืœื™ื•ื ื™ ื”ื“ื‘ืจื™ื
07:03
hang it on my shoulder and see how it looks,
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07:05
see how long the strap is,
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ืฉืื ื™ ืฆืจื™ื›ื” ืœื”ื›ื ื™ืก ืœืชื™ืง ืฉืœื™.
07:07
open it up and look at the pockets inside
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ืื‘ืœ ื›ืฉืื ื™ ืžื ืกื” ื•ืงื•ื ื” ืชื™ืง ื™ื“ ื‘ืื™ื ื˜ืจื ื˜,
07:09
to make sure that there is enough space for all the millions of things
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ืื ื™ ืจืง ืจื•ืื” ื›ืžื” ืชืžื•ื ื•ืช:
ื”ืฆื•ืจื” ื•ื”ืฆื‘ืข ื•ื”ื’ื•ื“ืœ ื”ื‘ืกื™ืกื™ื™ื.
07:14
I need to put into my handbag.
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ืื‘ืœ ื–ื” ืœื ืžืกืคื™ืง, ื ื›ื•ืŸ?
07:16
But when I try and buy a handbag online,
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07:18
I just see a few pictures:
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ื›ื“ื™ ืœืคืชื•ืจ ืืช ื”ื‘ืขื™ื” ื”ื–ืืช,
LazLive ืคื™ืชื—ื” ืคืœื˜ืคื•ืจืžื” ืฉื‘ื” ืžื•ื›ืจื™ื ืžืžืฉื™ื™ื--
07:20
the basic shape and color and size.
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07:24
But that's not enough, is it?
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ืื ืฉื™ื ืืžื™ืชื™ื™ื ื™ื›ื•ืœื™ื ืœืฉืชืฃ ืžื™ื“ืข ืขืœ ื‘ื’ื“ื™ื,
07:26
To solve this problem,
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07:28
LazLive has developed a platform where actual sellers --
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ืชื™ืงื™ื, ืื‘ื™ื–ืจื™ื,
ืงื•ืกืžื˜ื™ืงื” --
ืžืชืืจื™ื ืœื›ื ืืช ื”ืžื•ืฆืจื™ื,
07:32
real people can share information about clothes,
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ืžืจืื™ื ืœื›ื ืžื” ื”ื ืžื‘ื—ื•ืฅ ื•ืžื‘ืคื ื™ื,
07:37
handbags, gadgets,
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ืžืกื‘ื™ืจื™ื ืžื” ื”ื ืื•ื”ื‘ื™ื ื•ืžื” ื”ื ืœื ืื•ื”ื‘ื™ื.
07:38
cosmetics --
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ืืชื ื™ื›ื•ืœื™ื ืœืฉืื•ืœ ืื•ืชื ืฉืืœื•ืช ื•ืœืงื‘ืœ ืชื’ื•ื‘ื•ืช ืžื™ื™ื“ื™ื•ืช
07:40
describing the products to you,
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07:42
showing you what they are from the outside and the inside,
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ื›ื“ื™ ืฉื™ื”ื™ื” ืœื›ื ื”ืจื‘ื” ื™ื•ืชืจ ื ื•ื— ืขื ืžื” ืฉืืชื ืงื•ื ื™ื ืœืคื ื™ ืฉืืชื ืงื•ื ื™ื ืืช ื–ื”.
07:45
explaining what they like and what they don't like.
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ื‘ืžื”ืœืš ื”ื–ืžืŸ
07:48
You can ask them questions and get instant responses
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ืืชื ื™ื›ื•ืœื™ื ืœืฆืคื•ืช ื‘ืขื•ื“ ืกืจื˜ื•ื ื™ื ืžืื•ืชื• ืžื•ื›ืจ
07:51
so that you are much more comfortable with what you buy before you buy it.
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ื•ื”ื ืžืชื—ื™ืœื™ื ืœื”ืจื’ื™ืฉ ื™ื•ืชืจ ื›ืžื• ื—ื‘ืจื™ื ืžืืฉืจ ื›ืžื›ื•ื ื” ื—ืกืจืช ืคื ื™ื.
07:56
Over time,
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07:57
you can watch more videos from the same seller
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ื•ื”ื ืขื•ื–ืจื™ื ืœื›ื ืœื”ื‘ื™ืŸ ืžื” ืืชื ื”ื•ืœื›ื™ื ืœืงื ื•ืช,
08:00
and they start to feel more like a friend than a faceless machine.
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ืœื”ื™ืฉืืจ ืžืขื•ื“ื›ื ื™ื ื‘ื˜ืจื ื“ื™ื ื”ืื—ืจื•ื ื™ื
ื•ืœืขืชื™ื ืงืจื•ื‘ื•ืช ืžื’ืœื™ื ื“ื‘ืจื™ื ืฉืืคื™ืœื• ืœื ื™ื“ืขืชื ืขืœ ืงื™ื•ืžื.
08:05
And they help you understand what you're going to buy,
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ื•ืœื‘ืกื•ืฃ, ื”ื“ื•ื’ืžื” ื”ืื”ื•ื‘ื” ืขืœื™:
08:09
stay abreast of the latest trends
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ืคึดึผื™ื ึฐื“ื•ึผืื•ึนื“ื•ึผืื•ึน ืื—ืช ื”ืคืœื˜ืคื•ืจืžื•ืช
08:12
and often discover things that you didn't even know existed.
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ื”ืกื™ื ื™ื•ืช ื”ืฆื•ืžื—ื•ืช ื”ื›ื™ ืžื” ืœืื—ืจื•ื ื”
ืฉื‘ื” ืืชื ื‘ืืžืช ื™ื›ื•ืœื™ื ืœืงื ื•ืช ืขื ื”ื—ื‘ืจื™ื ืฉืœื›ื ื‘ืื™ื ื˜ืจื ื˜.
08:16
And finally, my favorite example:
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ืืชื ื–ื•ื›ืจื™ื ืืช ื”ื›ื™ืฃ ืฉื”ื™ื” ืœื™
08:19
Pinduoduo,
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ืงื ื™ื•ืช ืขื ื”ื—ื‘ืจื•ืช ืฉืœื™ ื‘ืจื—ื•ื‘ ื”ืื•ืคื ื”,
08:20
one of the fastest-growing Chinese platforms,
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ืžืคืฉืคืฉื•ืช ื‘ื—ื ื•ื™ื•ืช,
08:23
where you can actually shop with your friends online.
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ืœืžืฆื•ื ืืช ื”ืกื ื“ืœ ื”ืžื•ืฉืœื ื”ื–ื”,
ืžื ื”ืœื•ืช ืžืฉื ื•ืžืชืŸ ืขืœ ื”ืขืกืงื” ื”ื’ื“ื•ืœื” ื”ื–ื•?
08:26
You remember the fun I had
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08:28
shopping with my friends on Fashion Street,
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ื•ื‘ื›ืŸ, ื‘ืคึดึผื™ื ึฐื“ื•ึผืื•ึนื“ื•ึผืื•ึน
ืืชื ื™ื›ื•ืœื™ื ืœืขืฉื•ืช ื‘ื“ื™ื•ืง ืืช ื–ื”.
08:30
rummaging through stores,
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08:32
finding that perfect sandal,
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ื–ื” ื‘ื•ื“ื“ ืœืงื ื•ืช ื‘ืื™ื ื˜ืจื ื˜,
08:34
negotiating that great deal?
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ื•ืื ื™ ืžืชื’ืขื’ืขืช ืœื‘ืœื•ืช ืขื ื”ื—ื‘ืจื•ืช ืฉืœื™.
08:36
Well, on Pinduoduo,
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08:38
you can do just that.
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ืื‘ืœ ื‘ืคึดึผื™ื ึฐื“ื•ึผืื•ึนื“ื•ึผืื•ึน
ื›ืฉืื ื™ ืžื•ืฆืืช ืžื•ืฆืจ,
08:41
It's lonely to shop online,
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ืื ื™ ื™ื›ื•ืœื” ืœืงื ื•ืช ืื•ืชื• ื‘ืขืฆืžื™ ื‘ืžื—ื™ืจ ื”ืจื’ื™ืœ
08:44
and I miss hanging out with my friends.
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ืื• ืฉืื ื™ ื™ื›ื•ืœื” ืœืฉืชืฃ ืื•ืชื• ืขื ื”ื—ื‘ืจื™ื ืฉืœื™ ื‘ืืžืฆืขื•ืช ืžื“ื™ื” ื—ื‘ืจืชื™ืช,
08:46
But on Pinduoduo,
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08:48
when I find a product,
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08:49
I can either buy it myself at the regular price
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ืœื“ื•ืŸ ืื™ืชื ืขืœ ื–ื”,
ืœืงื‘ืœ ืืช ืขืฆืชื,
ื•ืื ื›ื•ืœื ื• ื‘ื•ื—ืจื™ื ืœืงื ื•ืช ืืช ื–ื” ื‘ื™ื—ื“,
08:53
or I can share it with my friends via social media,
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ืื ื—ื ื• ืžืงื‘ืœื™ื ืžื‘ืฆืข ื˜ื•ื‘ ืžืื•ื“.
ืžื‘ืฆืขื™ื ืืœื” ื ืžืฉื›ื™ื ืจืง ืœื–ืžืŸ ืงืฆืจ,
08:58
discuss it with them,
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09:00
get their advice,
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ื‘ื“ื™ื•ืง ื›ืžื• ื‘ืขื•ืœื ื”ืืžื™ืชื™.
09:01
and if we all choose to buy it together,
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ื•ื™ืฉ ื”ื’ืจืœื•ืช ื•ืžืฉื—ืงื™ื ื•ืขื™ืกืงืื•ืช ื‘ื–ืง
09:03
we get a great deal.
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09:06
These deals last only for a short time,
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ื›ื“ื™ ืœืฉืžืจ ืืช ื›ืœ ื”ื”ืชืจื’ืฉื•ืช.
09:08
just like in the real world.
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ื–ื” ื“ื’ื ืžืจืชืง,
09:10
And there are lotteries and games and flash sales
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ืžืžืฉ ืขื•ื–ืจ ืœื›ื ืœื’ืœื•ืช ืžื—ื“ืฉ ืืช ื”ืฉืžื—ื” ื•ื”ื—ื™ื‘ื•ืจ
09:14
to keep all the excitement going.
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ืฉืœ ืงื ื™ื•ืช ืขื ื”ื—ื‘ืจื™ื ืฉืœื›ื ื•ื”ืžืฉืคื—ื” ื‘ื‘ื–ืืจื™ื ืฉืœ ืคืขื.
09:17
It's a fascinating model,
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09:19
really helping you rediscover the joy and connection
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ืžื” ืฉื—ืฉื•ื‘ ืœืฉื™ื ืœื‘
ื”ื•ื ืฉืืœื” ืื™ื ื ื ื™ืกื•ื™ื™ื ืชื•ืขื™ื.
09:23
of shopping with your friends and family in the bazaars of yore.
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ื‘ืฉื•ื•ืงื™ื ื›ืžื• ืกื™ืŸ, ื”ื•ื“ื• ื•ื“ืจื•ื ืžื–ืจื— ืืกื™ื”,
09:27
What's important to note
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ืžืขืœ 500 ืžื™ืœื™ื•ืŸ ืฆืจื›ื ื™ื ืขื•ืกืงื™ื ื‘ืžืกื—ืจ ื‘ืฉื™ื—ื•ืช,
09:29
is that these are not stray experiments.
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09:33
In markets like China, India and Southeast Asia,
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ื•ื”ื“ื’ืžื™ื ื”ืืœื” ื’ื“ืœื™ื ื”ืจื‘ื” ื™ื•ืชืจ ืžื”ืจ
09:36
over 500 million consumers engage in conversational commerce,
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ืžืคืœื˜ืคื•ืจืžื•ืช ืžืกื—ืจ ืืœืงื˜ืจื•ื ื™, ื”ืžืกื•ืจืชื™, ื•ื”ื™ื•ืชืจ ืกื˜ื˜ื™
ืžืกื—ืจ ืฉื™ื—ืชื™ ืฆืฅ
09:43
and these models are growing much faster
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ื›ื“ื™ ืœืคืชื•ืจ ืืช ื”ืฆืจื›ื™ื ืฉืœ ืงื•ื ื™ื ื‘ืคืขื ื”ืจืืฉื•ื ื” ื‘ืื™ื ื˜ืจื ื˜,
09:46
than the traditional, more static e-commerce platforms.
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ืื‘ืœ ื”ืžื—ืงืจ ืฉืœื™ ืžืจืื”
ืฉื–ื” ืžื•ืฉืš ื‘ืื•ืชื” ืžื™ื“ื” ืงื•ื ื™ื ืžื ื•ืกื™ื ื™ื•ืชืจ,
09:50
Conversational commerce emerged
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09:52
to solve the needs of first-time online shoppers,
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ืœื ืจืง ื‘ืฉื•ื•ืงื™ื ืžืชืขื•ืจืจื™ื ืืœื ื‘ืจื—ื‘ื™ ื”ืขื•ืœื.
09:55
but my research shows
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09:57
that it is equally compelling for more experienced shoppers,
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ืœืžืขืฉื”, ื›ืฉื‘ื“ืงื ื• ืžืกื—ืจ ืฉื™ื—ืชื™
10:02
not just in emerging markets but around the world.
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ืขื ืฆืจื›ื ื™ื ื‘ืืจื”โ€œื‘,
ื”ื ืžืฆืื• ืืช ื–ื” ืžื•ืฉืš ื™ื•ืชืจ ืžืื•ืชืŸ ืกื™ื‘ื•ืช ื›ืžื• ืฆืจื›ื ื™ื ื‘ืืกื™ื”.
10:07
In fact, when we tested conversational commerce
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10:10
with consumers in the US,
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ืฆืจื›ื ื™ื ืฉืขื•ืกืงื™ื ื‘ืžืกื—ืจ ืฉื™ื—ืชื™
10:13
they found it more compelling for the same reasons as consumers in Asia.
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ืžื•ืฆื™ืื™ื 40 ืื—ื•ื– ื™ื•ืชืจ
ืขื ืฉื‘ื™ืขื•ืช ืจืฆื•ืŸ ื’ื‘ื•ื”ื” ื™ื•ืชืจ ื•ืชืฉื•ืื•ืช ื ืžื•ื›ื•ืช ื™ื•ืชืจ.
10:19
Consumers who engage in conversational commerce
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ืื ื™ ืžืื•ื“ ืžืืžื™ื ื” ืฉื‘ืขืชื™ื“ ื”ืœื ื›ืœ ื›ืš ืจื—ื•ืง,
10:22
spend 40 percent more
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10:25
with higher satisfaction and lower returns.
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ืžืกื—ืจ ืฉื™ื—ืชื™ ื™ื”ืคื•ืš ืœื ื•ืจืžื”,
ื™ื—ื•ืœืœ ืžื”ืคื›ื” ื‘ืงื ื™ื•ืช ื‘ืจื—ื‘ื™ ื”ืขื•ืœื,
10:29
I strongly believe that in the not-so-distant future,
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ื•ืคืœื˜ืคื•ืจืžื•ืช ืžืกื—ืจ ืืœืงื˜ืจื•ื ื™ ืžืกื•ืจืชื™ื•ืช ื›ืžื• ืืžื–ื•ืŸ ื™ืฆื˜ืจื›ื• ืœื”ืกืชื’ืœ
10:33
conversational commerce will become the norm,
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10:37
revolutionizing shopping around the world,
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ืื• ืœื”ืกืชื›ืŸ ืœื”ืคื•ืš ืœืœื ืจืœื•ื•ื ื˜ื™ื•ืช.
10:40
and traditional e-commerce platforms like Amazon will need to adapt
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ืขื‘ื•ืจ ืžื•ืชื’ื™ื,
ื–ื”ื• ืฉืœื‘ ื”ื‘ื ื”ืžื›ืจื™ืข
ื•ื”ื–ื“ืžื ื•ืช ื—ืกืจืช ืชืงื“ื™ื,
10:46
or risk becoming irrelevant.
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ืœื”ืžืฉื™ืš ื”ืœืื” ืžืฉื™ื•ื•ืง ื”ืžื•ื ื™ ื‘ืžืื” ื”-20
10:50
For brands,
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ื•ื”ื™ืคืจืคืจืกื•ื ืœื™ื–ืฆื™ื” ืžื‘ื•ืกืกืช ืื ืœื™ื˜ื™ืงื” ื‘ืฉื ื™ ื”ืขืฉื•ืจื™ื ื”ืื—ืจื•ื ื™ื,
10:51
this is a crucial next step
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10:53
and an unprecedented opportunity,
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10:55
moving on from mass marketing in the 20th century
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ืœื‘ื ื™ื™ืช ื—ื™ื‘ื•ืจ ืื™ืฉื™ ืื•ืชื ื˜ื™ ื•ืขืžื•ืง ื‘ืืžืช
10:59
and analytics-based hyperpersonalization in the last two decades,
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ืขื ื”ืฆืจื›ื ื™ื ืฉืœื”ื.
ื•ืœื ื• ื”ืงื•ื ื™ื,
ื–ื” ืžื—ื–ื™ืจ ืืช ื”ืงืกื,
11:04
to building a truly authentic and deep personal connection
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ื‘ื™ืฆื•ืข ืงื ื™ื•ืช ื‘ืื™ื ื˜ืจื ื˜ ืกื•ืฃ ืกื•ืฃ ืžืจื’ื™ืฉ ืฉื•ื‘ ืื ื•ืฉื™.
11:09
with their consumers.
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11:10
And for us shoppers,
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ืชื•ื“ื”.
11:12
it brings back the magic,
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11:14
making online shopping finally feel human again.
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11:20
Thank you.
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ืขืœ ืืชืจ ื–ื”

ืืชืจ ื–ื” ื™ืฆื™ื’ ื‘ืคื ื™ื›ื ืกืจื˜ื•ื ื™ YouTube ื”ืžื•ืขื™ืœื™ื ืœืœื™ืžื•ื“ ืื ื’ืœื™ืช. ืชื•ื›ืœื• ืœืจืื•ืช ืฉื™ืขื•ืจื™ ืื ื’ืœื™ืช ื”ืžื•ืขื‘ืจื™ื ืขืœ ื™ื“ื™ ืžื•ืจื™ื ืžื”ืฉื•ืจื” ื”ืจืืฉื•ื ื” ืžืจื—ื‘ื™ ื”ืขื•ืœื. ืœื—ืฅ ืคืขืžื™ื™ื ืขืœ ื”ื›ืชื•ื‘ื™ื•ืช ื‘ืื ื’ืœื™ืช ื”ืžื•ืฆื’ื•ืช ื‘ื›ืœ ื“ืฃ ื•ื™ื“ืื• ื›ื“ื™ ืœื”ืคืขื™ืœ ืืช ื”ืกืจื˜ื•ืŸ ืžืฉื. ื”ื›ืชื•ื‘ื™ื•ืช ื’ื•ืœืœื•ืช ื‘ืกื ื›ืจื•ืŸ ืขื ื”ืคืขืœืช ื”ื•ื•ื™ื“ืื•. ืื ื™ืฉ ืœืš ื”ืขืจื•ืช ืื• ื‘ืงืฉื•ืช, ืื ื ืฆื•ืจ ืื™ืชื ื• ืงืฉืจ ื‘ืืžืฆืขื•ืช ื˜ื•ืคืก ื™ืฆื™ืจืช ืงืฉืจ ื–ื”.

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