Crossborders e-commerce websites are the easiest way to sell your products in China.
If you’re looking to sell your products in China, you may probably know that some entry barriers are difficult to overcome. That is the reason why cross-border e-commerce websites are good opportunities for you as it’s the easiest way to enter the Chinese market without special licenses.
CROSSBORDERS E-COMMERCE, A WIN-WIN SYSTEM?
Cross-border websites are online retailing platforms which connect Chinese consumers to International retailers. This allows consumers to buy products online from merchants located abroad. Consumers don’t have to pay taxes and international brands can sell without licenses. Cross-border shopping is more and more popular in China, it reached RMB 3,100 billion in 2013 and it’s expected to increase to RMB 6,500 billion in 2016. The Chinese bought RMB 76.7 billion of foreign products online in 2013. This volume is set to reach RMB 1,000 billion in 2018. With their purchasing power increasing every year, the Chinese are increasingly looking to buy their products abroad.
Foreign products have a good reputation in China: they are seen as good quality and innovative products. With such a lucrative market it’s the right time for your company to make the big leap into China! We’ll help you to choose and establish yourself on the right platforms for your products. Depending on your industry we’ll suggest certain platforms on which you can sell your products.
OVERVIEW OF THE KEY CROSSBORDERS E-COMMERCE PLATFORMS IN CHINA
JD Global provides Chinese consumers with a way to purchase products that were not available in China before cross-border platforms. They can buy products from Australia, France, Germany, Japan, South Korea, New Zealand, the United Kingdom and the United States, among others. The website is famous for its technological products and accessories as well as apparel. This is a reassuring website for consumers because it promises to only sell authentic products, has quality customer services in Chinese, and a return address in Mainland China. Right now there are 1200 foreign brands selling their products on JD.com.
Tmall Global is the biggest cross-border platform right now in China. Companies must meet certain requirements in order to be eligible. Tmall Global has planned everything: the payments are received by the company in their own currencies which make it much easier.
On this cross-border website Chinese consumers can buy products from abroad.
The site offers a quick delivery service in China. There are over 13,000 products available on the platform, most of them are accessories or clothing coming from over 70 different designers.
The site recorded more than 1 million users and about 10,000 daily orders. It has offices in Shanghai, New York, Los Angeles and San Francisco. Ymatou also has its own xLobo Global Express logistics company that provides delivery and clearance through ten logistics centers throughout the United States, Australia, Asia, and Europe. The product range sold on the website is quite large. We can find almost everything on this cross-border website.
On this platform you can find 5 different types of products: handbags, fashion accessories, cosmetics, food and babies products. It’s one of the websites that offer the clearest tax service.
Sasa is a cross-border website specialized in cosmetics. It’s the place to be for cosmetics and beauty brands looking to sell their products in China. A lot of major brands are present on this platform.
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