eCommerce in China is estimated to exceed 1.5 trillion USD in 2022 – which is about a third of the global eCommerce market. The growth rate of eCommerce in the world is quite fast, about 9-fold in the last decade, but the Chinese staggering growth rate eclipses even that – in China the eCommerce market …
The cross-border eCommerce market is growing in many countries, especially in countries in South East Asia, China and India. There are more and more solutions and services for merchants, entry thresholds getting lower and lower. Yet, when it comes to actually starting a cross-border eCommerce business, there is still an air of insurmountable challenge, of …
Drawing a blueprint of a successful pharmaceutical B2B eCommerce In this post we’d like to express our warmest congratulations to Henry Schein and their Chinese B2B eCommerce project. TMO Group was happy to participate in the inaugural event in the First Hemao Mall in Guangzhou, where the successful launch of the new platform hshemao.com has …
Last year TMO debuted our first Data Pack series, focusing on the China Health Supplements market. It’s been a great success, covering key data like China’s best-selling supplements each month! (In case you missed it, here’s our wrap-up of the China Health Supplements market in 2020). Building on that success, we’re continuing to launch new …
The answer is USERS. You need to research your users. Every now and then, companies contact agencies like TMO Group asking to help them figure out why their new website or new app is failing. They have spent so much time and money on this project to make it look good – the fact that …
It has been about 30 years since direct sales entered China in the early 90s. It was a tumultuous journey, with multiple ups and downs — from legal crackdown and strict legislation on one side to explosive growth and the “golden decade” of direct sales on the other. Latest development came in 2019 in the …
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 …