09 Dec china cross border e commerce platform
This approach allows brands to fine-tune their product selection for the market without the need for a physical retail presence in China or significant investment in developing a logistics network. Check the Chinese version of the list here: Positive List for Commodities Traded through Cross-Border E-Commerce (2018). In January a customer accused the platform of selling a fake Canada Goose jacket to her, and the incident went viral on Chinese social media, leading many to question whether China’s second largest cross-border e-commerce platform can maintain oversight over its supply chain. In other words, you can start selling online via Tmall Global, using a company and bank account setup in Australia, Europe, the US or elsewhere. Reduction from 20% from 25% on goods such as textiles and electrical appliances. The positive list is very long with around 1,321 types of commodities, but generally includes product categories such as: As the list greatly influences overseas businesses’ e-commerce operations in China, make sure that you have gone through the list before you make any significant investment. As mentioned previously, as of November 2018, the Ministry of Finance (MOF) and several other authorities jointly issued the Announcement on Adjusting the List of CBEC Retail Imports and the List of CBEC Retail Imports (2018 Version). Tmall Global, part of Tmall platform and owned by Alibaba Group, is leading the import cross-border e-commerce platform in China. These retail imports would be eligible for the preferential policies set out by the government. According to reports released in the second quarter of 2019, to rebuild people’s trust towards the platform, XiaoHongShu is actively participating in web cleanup campaign to get rid of spam, or any type of inappropriate content. ), Supplements (Coenzyme Q10, Vitamin C & its derivatives, linolenic acids etc. For example, Tmall Global’s “Tmall Overseas Fulfillment” allows new merchants to send a small number of commodities to Alibaba’s overseas warehouses, which would then be shipped to China (managed by Alibaba) after an order is placed. ID certificates of Legal Representative and Shareholder. In other words, Kaola.com is not looking to run out of money anytime soon. At the beginning the platform was open only to Australian retailers, so they could sell their products in China. E-commerce is playing an increasingly significant role in cross-border trade in goods and services. All of this serves to reduce the trial-and … That said, Tmall.hk is aware of its unique ‘gatekeeper’ position to the Chinese market, and require that sellers meet the following requirements: Still, Tmall.hk makes it relatively affordable to test your products on the Chinese market. JD Worldwide, part of JD.com. You May Also Like. Report. To expand the business and attract more partners, XiaoHongShu launched several marketing initiatives by providing traditional display advertisements and introducing an influencer marketing platform to boost KOL marketing. This shipping model is beneficial as tax is paid only after the commodity is sold. Your email address will not be published. If you have enquiries about products that can be sold to China, please feel free to contact us for detailed information! Due to the varied … It is still necessary to learn about how to choose a suitable China cross-border e-commerce platform for your business, as well as understanding local laws and regulations, product and marketing issues, payment conditions and logistics limitations to make wise decisions. If you continue to use this site we will assume that you are happy with it. Since then, XiaoHongShu has formed strategic partnerships with many overseas brands including Lancôme, Swisse, and Innisfree (Brands can open a brand account/digital store on XiaoHongShu). First, let’s have a look at what cross border E-Commerce means practically and in terms of shipping. Also, many of China’s e-commerce giants provide various modes of warehouse and logistics support for overseas partners. Its Rwanda operation, which started in September 2019, now has 30,000 daily active users among the landlocked country's total population of around 12.3 million. Upon completion of the deal, NetEase Kaola has changed its official name to Kaola Haigou. As Chinese people rely a lot on peer-to-peer advice, it is beneficial for e-commerce platforms to build an online community to increase conversion rates. The TMG model is attractive as it is a self-managed flagship style business where the brand can use the store to promote new products and drive traffic to its top sellers. Taobao.com is still the number 1 eCommerce marketplace in Mainland China, and the given choice for low to medium priced goods. It sets lower entry standards for overseas brands to benefit from the Chinese market, as the platforms help them to develop marketing strategies, sales channels, and product mix based on their better understanding of Chinese consumers. In 2018, the value of China’s cross-border e-commerce trade in goods was around 134.7 billion RMB, of which 78.58 billion RMB was from import. Aligned with the mobile penetration rate, over 592 million people shop via mobile devices – indicating the importance of a mobile-friendly e-commerce platform for brands. Looking to sell cross border into Mainland China from Hong Kong or overseas? In other words, it’s not for cross border sellers. Cross-border ecommerce can refer to online trade between a business (retailer or brand) and a consumer (B2C), between two businesses, often brands or wholesalers (B2B), or between two private persons (C2C), e.g. From another perspective, it means that around 73.6% of China’s online population shop online! Dragon Social offers revolutionarily simple and effective social media marketing services to international companies. Learn how to start selling cross-border to China and Southeast Asia during this free 60-minute training. Cross-border e-commerce will be consolidated through Alibaba’s acquisition of the Kaola platform, further solidifying the company’s dominance in the online sector. via marketplace platforms such as Amazon or eBay. Unlike its counterpart Taobao which focuses on C2C retail, Tmall specializes in selling branded commodities from international brands. During the first six months of the year, China's trade volume via cross-border e-commerce platforms overseen by Customs authorities increased by 26 … The pilot zones would be benefited the new regulations and the preferential tax policies, also with streamlined logistics, storage and customs clearance procedures in a bid to optimize the level of imported premium and everyday goods. Integrate it into Tmall e-commerce market is expected to grow significantly market read now ( 福利社.... Shipped in bulk directly to bonded warehouses in China right after jd.com and Tmall.com companies in other words Kaola.com... 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