Core Viewpoint - The current consumer trend is redefining "new product launches" by emphasizing emotional resonance and social engagement rather than just functional upgrades or price competitiveness [3][5][26]. Group 1: Consumer Behavior and Expectations - Consumers are increasingly looking for products that resonate with their emotions and lifestyles, rather than just additional features or aesthetic changes [3][4]. - Successful new products often tell a story or evoke a sense of nostalgia, as seen with the popularity of the Fujifilm X-Half, which appeals to a "retro film" aesthetic [3][7]. - The emotional connection and understanding of consumer needs are crucial for brands to stand out in a crowded market [5][26]. Group 2: New Product Launch Strategies - Brands must move beyond traditional SKU replacement strategies and engage consumers in a co-creation process that makes new launches feel like events [4][8]. - The Tmall platform has successfully facilitated the launch of numerous new products, with data showing significant sales growth, including five products achieving over 1 billion in sales and over 120 products exceeding 1 million [7][20]. - The introduction of immersive content and interactive experiences, such as live streaming and short videos, has transformed how new products are showcased, making them more engaging for consumers [8][9]. Group 3: Emotional Engagement and Consumer Trust - Emotional engagement is essential for driving immediate purchases, as consumers are more likely to buy when they feel a connection to the product [10][12]. - Tmall's approach to creating a sense of exclusivity and personalized experiences, such as limited edition products and celebrity collaborations, enhances consumer trust and willingness to purchase [12][21]. - The integration of comprehensive subsidy mechanisms, including government and platform discounts, has increased consumer confidence in their purchasing decisions [15][20]. Group 4: Trends and Market Dynamics - The resurgence of vintage and retro trends reflects a broader desire among younger consumers for meaningful and quality experiences, which presents opportunities for brands to innovate [23][26]. - Tmall's collaboration with fashion influencers and trendsetters has successfully tapped into these emerging trends, driving significant sales for brands like Burberry [23][26]. - The platform's ability to create trend-driven environments not only boosts product visibility but also fosters a deeper connection between brands and consumers [26].