In recent years, the Philippines has become increasingly attractive to foreign brands looking for a Southeast Asian market entry opportunity. But with any emerging market, there remain questions as to exactly how companies can enter. Especially when these countries were previously quite restricted when it came to foreign entry and ownership. So we talked to …
China became the world’s second largest market for cosmetics back in 2013. However, some major brands have still chosen to stay out of the China market for a number of reasons. These reasons include the complicated license approval process, high costs associated with the general trade model, and a requirement on domestic brands that they …
Everyone’s talking about taking offline businesses online recently – including us! But what exactly does ‘digital transformation’ mean for a company? What are the ways companies can embrace the Internet to enhance their business? In this article we touch on a few of the major paths companies can take towards digital transformation. Online Retail The most …
In recent years, the cosmetics industry, and skincare and makeup especially, have undergone substantial development in China. In 2019, the growth rate of the beauty industry ranked second of all retail industries. For brands that plan to set up on local eCommerce platforms or hope to enter China through cross-border eCommerce, research into consumer trends …
Hot on the heels of our in-depth eCommerce Guide series, this week sees the launch of the consolidated Southeast Asia eCommerce Outlook. Now, this doesn’t go into as great detail or touch on many of the specifics explored in each country’s full Guide. But it does offer an easy point of comparison between the five …
It’s never been easier to sell to China from abroad. The government has made a concerted effort to open up processes and make clear pathways to facilitate this. Today, cross-border selling via eCommerce is fairly mature and multiple ways to expedite traditional processes are now available. Of these, the bonded warehouse model is particularly tempting …
As the CoViD-19 pandemic crisis comes under control in mainland China, things are going back to normal across most industries. Consumers too are emerging and resuming their usual behaviors. But after months of distorted sales figures and unusual spending patterns, what will this new normal look like? To remind ourselves of what normal looked like …
Looking to start on one of China’s largest online marketplaces with your cross-border eCommerce business? Then you probably are willing to spend and invest some capital in your new venture. TMO Group has experience with helping external parties get started. Want to know more about online marketplace fees? Then keep on reading! **This article has …
The “Positive List” issued by the Chinese government regulates the products one can import to China via the cross-border eCommerce model. On the surface, this list seems simple to understand. However, many still have questions regarding the “Positive List”. For example: What does this text in the “Remarks” column refer to? Why do I have to …
It’s a surging trend in the cosmetics industry: digital transformation. Even before the Coronavirus took hold, cosmetics companies were leaning into digitalization. But now around the world, we’ve seen the virus affect all walks of life. During this time, the advantages that digital transformation offers the cosmetics industry are more apparent than ever. In this …