To all the cross border eCommerce retailers in China, the new tax policies for cross-border eCommerce retail imports announced last month brought mixed feelings since it raised import tariffs and set a limitation on imported goods via eCommerce. On May 20th, good news came in, finally: parts of the new regulation will be postponed for a …
For any eCommerce business, shopping cart abandonment could be one of the worst nightmares — when shoppers put products in their online shopping carts, but then leave before placing the order, eCommerce retailers could lose millions just because of that. Studies show that 67.89 percent of online shopping carts are abandoned. When it comes to …
For Chinese eCommerce customers, cross border eCommerce has already become a widely accepted concept. In 2015, Chinese consumers has spent roughly 64.6 billion yuan, or around $10 billion on purchasing oversea products online, according to latest report from Chinese research firm Analysys international and web-only retailer JD.com. The report also indicated that total spending from consumers …
For cross border eCommerce in China, do you know what is a “typical” Chinese shopper? Furthermore, how do those shoppers differ from general eCommerce customers in China? According to the latest data from iResearch, we find out the demographics about China cross border eCommerce customers. The average China cross border eCommerce shopper is an aged 26-40 male …
Cross border business is never easy, especially in China: It’s still early April in 2016, but already 3 foreign brands have given up China market this year. According to estimates, around 48% of foreign businesses fail in China within 2 years of entering the market, an astoundingly high figure. We put these “sad news” together …
For cross border eCommerce, the two most common way for B2C retailers to export to China are “Direct Shipping Model” and “Bonded Zone Model”. Today we will explain the features of these two models, and break down the pros and cons: Bonded Zone Model Who is using: Tmall Global, Kaola (Netease), JD.com, Fengqu (SF …
Cross border eCommerce has already become a very important retail channel in China market: It is predicted that cross-border eCommerce in China alone will total more than RMB 6.5 trillion in 2016, accounting for roughly 20% of total trade volume. Figures mentioned above drew up a promising blueprint for foreign merchants; meanwhile a lot of …
When it comes to cross border eCommerce (especially selling in China), you must have a lot of questions unanswered. Here are answers to some of the most frequently asked questions (FAQs) about Alipay ePass, the solution for foreign merchants to selling online to China: WHAT IS ALIPAY ePASS? Alipay ePass is a solution offered by …
Alipay ePass revolutionizes Chinese online shopping through its innovative technology solutions and vast customer base. It reduces your operational burdens and costs, allowing you to build your reputation in China and offer local shoppers access to authentic products and a satisfying customer experience. With Alipay ePass, you have the infrastructure, tools and support you need to …
China’s cross border eCommerce is booming, and the opportunities for foreign brands are boundless. We introduced Alipay ePass previously, which is a new service creating a direct path to 800 million or so Chinese consumers. Today we will follow up by explaining why you should choose Alipay ePass for your cross border eCommerce in China. 1. Big Opportunity …