Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Policies

Increased consumption and rapid growth power e-commerce

By Fan Feifei | China Daily | Updated: 2018-11-21 10:38
Share
Share - WeChat
The country's cross-border e-commerce sector has expanded rapidly in recent years. [Photo/VCG]

Vivian Zhang, 33, quit her job as a clerk at a private education company in Beijing and decided to start a business about five years ago. She opened an online store on Alibaba's e-marketplace Taobao, selling cheap clothes, shoes and accessories.

"Most of our products are less well-known brands in China, with the average price ranging from 200 to 700 yuan ($29 to $101). When I started, sales revenue was not satisfactory as the style of the clothing was outdated and not eye-catching," Zhang said.

She became depressed and wondered how to increase sales and improve her store's popularity. Zhang talked to Melissa, one of her best friends, who lives in London, through instant-messaging software service QQ.

Zhang told her, "My clients often complained that my products were of low quality, as they had to throw the clothes away after washing them two to three times."

Melissa suggested that Zhang do business with her, as she saw that affluent Chinese consumers were increasingly traveling abroad and buying many goods, including clothing, cosmetics, jewelry, watches and other luxury products.

"We first discuss the type of clothes, bags or shoes that will be favored by consumers, and then Melissa buys these products and ships them to China. I have accumulated a number of users and sell the products via my online store at reasonable prices," Zhang said.

The two women target clients in China who are willing to pay a premium for authentic luxury goods that are usually relatively cheaper when sourced from overseas.

"Sales revenue in September rose six times compared with the same month in 2014. I also recommend some quality products to my clients by viewing their feedback and analyzing commodity sales, brands' influence and price information. Revenue is still rising."

Zhang's case is just one example of the increased consumption and rapid growth of China's e-commerce sector. Her success also confirms middle-income shoppers have been willing to buy diversified and personalized high-quality goods manufactured overseas in recent years.

Online marketplaces such as Taobao, Tmall, JD and Amazon pulled out all the stops to give this year's Singles Day shopping festival a global flavor.

Imported, high-quality and renowned brands are popular with consumers, and younger shoppers proved to be the main consumption force.

Wang Zhen, 26, a white-collar employee from Shenzhen, Guangdong province, is passionate about overseas brands and products. During Singles Day shopping sprees, she places orders on cross-border e-commerce platform Ymatou with just a few taps on her smartphone.

Wang said she has received cosmetics from Japan. She has also ordered wine from France, dried cranberries from the United States and chocolates from Italy.

"On Nov 11, I could enjoy discounts and use shopping coupons when buying these high-quality products. When I was studying abroad, I often brought back some foreign cosmetics, handbags and electronic devices for my relatives and friends at home during visits. After returning to China, I have found that online shopping is very convenient, and more discounts are available," Wang said.

She is among a growing number of consumers who are shopping online for imported goods, including food, alcohol, jewelry and cosmetics, among other top-line items.

Chen Tao, an analyst with the internet consultancy Analysys in Beijing, said, "E-commerce platforms hope to seize the opportunities emerging from the consumption upgrades of Chinese shoppers."

The country's cross-border e-commerce sector has expanded rapidly in recent years. It grew by 23.5 percent to 6.3 trillion yuan ($911 billion) in sales last year, according to market consultancy iiMedia Research.

According to industry insiders, it is clear that demand for international brands is rising rapidly in China, and this is probably one of the fastest-growing trends in e-commerce.

Cao Lei, head of the China E-Commerce Research Center said: "From the statistics of major cross-border e-commerce platforms, we found that cosmetics, bags, maternal and child products have kept their leading positions in sales. Meanwhile, demand for mid-range and high-end luxury products has soared."

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 国产精品久关键词| 无套内射视频囯产| 免费无码看av的网站| 麻豆精品传媒一二三区在线视频| 大学生久久香蕉国产线看观看| 久久久xxxx| 欧美亚洲国产成人高清在线| 免费无码黄动漫在线观看| 野花高清完整在线观看免费8| 国产精品视_精品国产免费| 一级人做人爰a全过程免费视频| 日韩理论电影在线| 亚洲男人天堂2017| 精品国产专区91在线app| 国产在线国偷精品免费看| 87福利电影网| 女人扒开腿让男人桶个爽| 久久99精品国产自在现线小黄鸭| 欧美与黑人午夜性猛交久久久| 人人爽人人爽人人片av免费| 美女教师一级毛片| 国产成人A∨激情视频厨房| 69视频免费观看l| 天天躁夜夜踩狠狠踩2022| 中文字幕亚洲精品| 日韩人妻无码一区二区三区| 亚洲午夜精品久久久久久人妖| 爱情岛论坛亚洲永久入口口| 午夜性色吃奶添下面69影院| 青娱乐在线视频盛宴| 国产激情视频一区二区三区| 91老师国产黑色丝袜在线| 女偶像私下的y荡生活| 中文字幕人妻三级中文无码视频 | 国产成A人亚洲精V品无码性色| 91精品国产高清久久久久久io| 妞干网2018| 中文字幕三级电影| 日本久久中文字幕精品| 亚洲av无码片在线观看| 欧美日韩亚洲一区二区三区|