Had a talk about these promotions recently with a Chinese friend. She said she’s not really fond of shopping during these actions cause the whole country is going nuts on these type of things which often causes stuff to arrive much later than usual. Another thing she said is that stuff on taobao is quite cheap already and that doing big promotions and price reductions doesn’t really fit the sellers’ nature to earn money so that they might use less than good stuff to sell during these times.
One thing to keep in mind as well is that soon it’ll be new year and Chinese new year so there’ll be promotions all over the place anyway. Money can be spent all year long 🙂