logo
What Labubu Teaches Businesses About Viral Marketing

What Labubu Teaches Businesses About Viral Marketing

Forbes05-06-2025
Labubu, the quirky plush toy sensation from parent company Pop Mart, is a masterclass in viral marketing.
It is truly Labubu mayhem - they sell out quickly, create brawls amongst hopeful collectors, and get resold for thousands of dollars.
But how did Pop Mart turn such an obscure, monster-life 'ugly-cute' doll into a sought-after collectible wanted by teens, adults, and celebrities worldwide?
While many factors come into play here, three crucial tactics can be learned from this success story: scarcity, storytelling, and social media. The good news is that many businesses can implement these tactics into their own marketing strategy to help reach and engage new customers.
Let's break them down.
In a world of fast-paced consumerism, trends, and convenience at our fingertips, it's no secret that humans are afraid of FOMO - the fear of missing out. POP Mart taps into this psychological phenomenon by creating limited drops of its Labubu products. You won't find these toys lining retail shelves 365 days a year.
These limited runs help to build obsession and urgency to purchase. For Labubu, this results in lines of collectors outside of stores around the world, waiting to get their hands on one of the little creatures.
Scarcity is a powerful marketing tactic for businesses.
Scarcity creates exclusivity and a sense of belonging to a community. Being one of the few lucky people to get their hands on a Labubu, they belong to an elite group, and they're not missing out on what their friends are enjoying and experiencing.
Businesses can incorporate scarcity into their own marketing by creating limited-time offers or product drops, and creating an exclusive community around the brand.
We humans love stories, and research has shown that stories may even help us feel more empathy and trust.
Kasing Lung, the creator of Labubu, is known for his affinity for storytelling. The character of Labubu first debuted back in 2015 in a series of picture books inspired by Nordic mythology.
Lung also utilizes storytelling with his Labubu plush toy creations. Every release has its own unique backstory, which infuses personality into the characters and helps collectors connect and engage with them on a deeper level.
Storytelling is essential to effective marketing. Businesses should look beyond just trying to sell their products and focus on building connection, trust, and loyalty to their brand through storytelling techniques, just like Labubu.
Last but not least, social media has played a pivotal role in Labubu's viral marketing success.
If you're lucky enough to get your hands on a Labubu, it comes in a 'blind box'. You don't know what character you have until you open it up. Because of this, Pop Mart encourages collectors to share their unboxings on social media.
The unboxing of these Labubu dolls has become an event that must be captured and shared with friends and family, resulting in countless pieces of user-generated content for Labubu across social media, particularly on TikTok.
This brings us back to our storytelling tactic - the unboxing event satisfies a narrative arc, starting with mystery, excitement, the big reveal, and, finally, joy at their discovery of which Labubu they've received. It's an emotional experience that draws people in and leaves collectors wanting more.
So how can you translate this to your own business?
While your products may not be in a blind box, consider how to create an experience for your customers that makes capturing and sharing it on social media irresistible. How can you encourage your customers to produce authentic, user-generated content that you can repurpose and share on your own channels?
While Labubu has reached viral heights that many can only dream of, its marketing masterclass teaches powerful lessons that businesses of any size can tap into to connect with their customers.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

KKR Launches Tender Offer for Topcon
KKR Launches Tender Offer for Topcon

Yahoo

time10 minutes ago

  • Yahoo

KKR Launches Tender Offer for Topcon

TOKYO, July 28, 2025--(BUSINESS WIRE)--KKR, a leading global investment firm, announced today that it will launch its tender offer ("Tender Offer") for the common shares and share acquisition rights, etc. of Topcon Corporation ("Topcon" or the "Company"; TSE stock code 7732). The Tender Offer will be made through TK Co., Ltd. ("Offeror"), an entity owned by the investment funds managed by KKR. The Tender Offer will commence on July 29, 2025 and will run until September 9, 2025. The Offeror will commence the Tender Offer to acquire all outstanding common shares and share acquisition rights (excluding treasury shares held by Topcon) with a tender offer price of JPY 3,300 per common share and JPY 193,400 per 7th Series Share Acquisition Right.1 Topcon is a global leader in the manufacturing of technology, leveraging its strengths in optical technology and precision measurement technology since its founding. Topcon is expanding its business globally with its unique DX solutions that combine advanced technologies such as IoT platforms and AI. Topcon is pursuing its long-term vision leading up to its 100th anniversary in 2032, and the Company has been implementing its "Mid-Term Management Plan 2025" covering the fiscal years 2023–2025. Under this plan, Topcon has pursued sustainable business growth and improved profitability by deepening its orientation towards customers, and as the next step, the Company aims to evolve into "New Topcon 2.0," a business structure that will further accelerate the competitiveness of the Topcon Group. KKR is making this investment predominantly from its Asian Fund IV. Topcon President and CEO, Takashi Eto, has agreed to tender his shares into the Tender Offer. Following the completion of the Tender Offer, Mr. Eto and funds managed by JIC Capital, Ltd. will invest in KKR-managed investment vehicles that will own Topcon. This series of transactions, including the Tender Offer, constitutes a management buyout. Additionally, funds managed by ValueAct Capital, a major shareholder of Topcon, have also agreed to tender shares in the Tender Offer and invest in KKR-managed investment vehicles that will own Topcon. For more details regarding the announcement, please refer to the full text of the release issued by the Offeror today titled, "Notice Regarding the Commencement of Tender Offer for the Shares of Topcon Corporation (Securities Code: 7732) by TK Co., Ltd. as part of MBO Implementation." Forward-looking Statements This press release should be read in conjunction with the release issued by the Offeror today titled "Notice Regarding the Commencement of Tender Offer for the Shares of Topcon Corporation (Securities Code: 7732) by TK Co., Ltd. as part of MBO Implementation." The purpose of this press release is to publicly announce the Tender Offer and it has not been prepared for the purpose of soliciting an offer to sell or purchase in the Tender Offer. When making an application to tender, please be sure to read the Tender Offer Explanatory Statement for the Tender Offer and make your own decision as a shareholder or share acquisition right holder. This press release does not constitute, either in whole or in part, a solicitation of an offer to sell or purchase any securities, and the existence of this press release (or any part thereof) or its distribution shall not be construed as a basis for any agreement regarding the Tender Offer, nor shall it be relied upon in concluding an agreement regarding the Tender Offer. The Tender Offer will be conducted in compliance with the procedures and information disclosure standards set forth in Japanese law, and those procedures and standards are not always the same as the procedures and information disclosure standards in the U.S. In particular, neither Sections 13(e) or 14(d) of the U.S. Securities Exchange Act of 1934 (as amended; the same shall apply hereinafter) or the rules under these sections apply to the Tender Offer; and therefore the Tender Offer is not conducted in accordance with those procedures and standards. In addition, because the Offeror is a corporation incorporated outside the U.S., it may be difficult to exercise rights or demands against it that can be asserted based on U.S. securities laws. It also may be impossible to initiate an action against a corporation that is based outside of the U.S. or its officers in a court outside of the U.S. on the grounds of a violation of U.S. securities-related laws. Furthermore, there is no guarantee that a corporation that is based outside of the U.S. or its affiliates may be compelled to submit themselves to the jurisdiction of a U.S. court. Unless otherwise specified, all procedures relating to the Tender Offer are to be conducted entirely in Japanese. All or a part of the documentation relating to the Tender Offer will be prepared in English; however, if there is any discrepancy between the English-language documents and the Japanese-language documents, the Japanese-language documents shall prevail. This press release includes statements that fall under "forward-looking statements" as defined in Section 27A of the U.S. Securities Act of 1933 (as amended) and Section 21E of the Securities Exchange Act of 1934. Due to known or unknown risks, uncertainties or other factors, actual results may differ materially from the predictions indicated by the statements that are implicitly or explicitly forward-looking statements. Neither the Offeror nor any of its affiliates guarantee that the predictions indicated by the statements that are implicitly or expressly forward-looking statements will materialize. The forward-looking statements in this press release were prepared based on information held by the Offeror as of today, and the Offeror and its affiliates shall not be obliged to amend or revise such statements to reflect future events or circumstances, except as required by laws and regulations. The Offeror, the financial advisors of the Offeror and the Company, and the tender offer agent (and their respective affiliates) may purchase the common shares and share acquisition rights, etc. of the Company, by means other than the Tender Offer, or conduct an act aimed at such purchases, for their own account or for their client's accounts, including in the scope of their ordinary business, to the extent permitted under financial instrument exchange-related laws and regulations, and any other applicable laws and regulations in Japan, in accordance with the requirements of Rule 14e-5(b) of the U.S. Securities Exchange Act of 1934 during the Tender Offer period. Such purchases may be conducted at the market price through market transactions or at a price determined by negotiations off-market. In the event that information regarding such purchases is disclosed in Japan, such information will also be disclosed on the English website of the person conducting such purchases (or by any other method of public disclosure). If a shareholder exercises its right to demand the purchase of shares of less than one unit in accordance with the Companies Act, the Company may buy back its own shares during the Tender Offer period in accordance with the procedures required by laws and regulations. About KKR KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR's insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR's investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR's website at For additional information about Global Atlantic Financial Group, please visit Global Atlantic Financial Group's website at 1 7th Series Share Acquisition Rights issued pursuant to a resolution of the Company's Board of Directors held on June 25, 2021 (exercise period is from April 1, 2024 to March 31, 2029) View source version on Contacts Media Contacts Wei Jun Ong+65 6922 Samuel Brustad+81 90 7094

Live Q&A: How the EU's Approach to China Is Shifting in the Face of Tariffs
Live Q&A: How the EU's Approach to China Is Shifting in the Face of Tariffs

Bloomberg

time11 minutes ago

  • Bloomberg

Live Q&A: How the EU's Approach to China Is Shifting in the Face of Tariffs

Much of the European Union still has major reservations over any pivot from the US to China, but some governments across the bloc are keen to welcome Beijing's money and influence. Join Bloomberg's Stephen Carroll, Alan Crawford, James Mayger and Suzanne Lynch for a live audio conversation on July 28 at 7 a.m. ET. Bloomberg digital subscribers and Terminal clients have exclusive access to sign in and ask our team questions during the live broadcast. A recording of this conversation will be made available to listen and share.

Rupee slips but sidesteps firmer dollar as flows dominate price-action
Rupee slips but sidesteps firmer dollar as flows dominate price-action

Yahoo

time30 minutes ago

  • Yahoo

Rupee slips but sidesteps firmer dollar as flows dominate price-action

By Jaspreet Kalra MUMBAI (Reuters) - The Indian rupee dipped on Monday as month-end dollar bids from importers exerted some pressure, but the currency largely sidestepped the spillover from a firmer dollar, which traders indicated was due to the absence of substantial outflows. The rupee closed at 86.6650 against the U.S. dollar, 0.2% down from its close of 86.5150 in the previous session. While the rupee was trading marginally stronger in the first half of the session, it reversed course in the latter half as the dollar index rose. Asian currencies were a tad lower on the day, with the offshore Chinese yuan down by 0.1%. The rupee is "only reacting to flows" over recent sessions, and has found some support above 86.60, a trader at a state-run bank said, pointing to price action driven by foreign portfolio flows and corporate activity. India's benchmark equity indexes, the BSE Sensex and Nifty 50 fell 0.7% and 0.63% on the day, respectively, diverging from gains in most regional equities. The country's benchmark 10-year bond yield, meanwhile, ticked up to 6.3603%. Equities in Europe were mostly higher while the euro fell, after the U.S. and EU reached a trade agreement over the weekend and investors welcomed the deal with cautious optimism. The euro's recent price action "likely reflects more general U.S. dollar sentiment that was improving toward the end of last week, and we suspect (the sentiment) could extend further this week as investors' optimism over the U.S. economy improves," MUFG said in a note. U.S. economic data, including the closely watched non-farm payrolls report, will be in focus as investors gauge how far the optimism extends. The Federal Reserve, meanwhile, will deliver its policy decision on Wednesday and is widely expected to keep rates unchanged. Interest rate futures are currently pricing in a little over 60% chance of a rate cut in September, per CME's FedWatch tool. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store