It has been more than a month since the end of the double 11 promotion in 2021, and all industries have ushered in the peak of annual sales. For overseas health products, an industry with unlimited potential and rapid development in recent years, there will naturally be many highlights to be explored in the sales …
It has been more than a month since the end of the double 11 promotion in 2021. The epidemic struck early last year, and everyone put on masks. However, the performance of the e-commerce makeup market during 2020 double 11 was not affected at all with the sales increased rather than decreased compared with 2019. …
Generally speaking, there are 6 main arch-types of eCommerce users. Here they are: wishlist visitor, impulsive visitor, rational visitor, perfectionist visitor, satisfied visitor and hesitant visitor. To be clear, we are not suggesting that each and every user of your website will fall into one of these 6 categories – probably not. Like many psychological …
We published the first version of this article 3 years ago, in 2018. Since then, we have been updating it yearly, following the latest developments in the numbers and ranks of the key players in the marketplace landscape in South East Asia. Our latest update is right at the end of 2021, summarizing the data …
On 24th of November 2021, TMO Group’s Business director Jing Zhou took part in the international forum ‘Manufacturing in China: status and trends’. Jing’s presentation “Scale your business through B2B e Commerce in China” was dedicated to the ways to take enterprises to the next level by expanding their online presence and implementing B2B eCommerce …
Cosmetics and makeup is a huge market in China. It is predicted to surpass 450 billion yuan in 2021 (about 70 billion USD). China is still behind the biggest makeup market in the world (that would be the US with about 80 billion USD), but it is catching up quickly. About 70% of sales are …
It’s been 12 years since the first “Singles’ Day” shopping festival was held in China in November of 2009. Since then it has become the staple of the Chinese commercial landscape — rivaling and eclipsing Western counterparts: Black Friday and Cyber Monday. These days, the sales fiesta is not limited to just 11th of November. …
On November 1st 2021, a new Chinese law, aptly named PIPL, or Personal Information Protection Law, took effect. PIPL is a major piece of legislation that aims at protecting personal information in China, together with Cyber Security Laws (CSL) and Data Security Laws (DSL), it establishes a framework for handling personal information in one of …
In part two of our eight part series of digital transformation in B2B eCommerce in China, we discussed how companies in the field can assess their level of digital maturity, and how COVID-19 has rendered it necessary, (if it wasn’t already before the pandemic), for companies to ramp up their digitalization efforts in order to …
In article 1 of our 8 part series on conducting B2B eCommerce in China, we looked at digital transformation. In this article, we look at how companies can assess their digital maturity when embarking on B2B eCommerce. According to a recent survey that TMO Group conducted among eCommerce professionals, most respondents believe that digital transformation …