selling your products in china
TRANSCRIPT
Selling your products in ChinaA quick guide to online retail
So how do you access this massive market? We’re glad you asked...
You want to sell your products in China
在中国销售的产品?
It is predicted to be $650b by 2020!**McKinsey & Company
*QOR Research
Market snapshot
Online retail in China is $200b and growing.
Australian online retail consumers spent $18.7b
between March 2014 and March 2015*
*Sources: McKinsey & Company, Bloomberg, Reuters
‘Singles Day’ is the world's biggest day of online retail
2014 = $9.3b
2012 = $4.0b
These figures show the Alibaba Group's huge increase in sales on November 11 over the past three years.
$5.8B
2013
$4.0B
2012
$9.3B
2014
MALL
*McKinsey & Company
In the West, most online retail is done by large B2C sites
such as department stores
In China, 70% of the market is C2C.
For foreign retailers, this means three things:
Barriers to entry are low
Consolidation of the market is likely
Prospects for growth are high
And new brands are joining them every day.
Big foreign brands are already selling online in China
What are Chinese consumers buying online?
Apparel Recreation and education
Householdproducts
Transport and communications
Healthcare and personal
Food Utilities
35% 35%
11% 4% 2%
15% 12%
Top Western products that Chinese consumers buy online:
Baby formula Clothing Cosmetics
Tech Nutritional supplements
Food and beverage
Young Chinese consumers save very little, spending most of their salary. They will pay a premium for
quality, cleanliness, health and safety.Cnn money, marketingtochina.com & vecci
Where are they buying?
Fun fact: eBay shut down its Chinese site in 2006
Has nearly 800m product listings and is in the
top 10 global websites
Where businesses sell to Chinese consumers.
Taobao (C2C) TMall (b2C)
The main player is Alibaba Group
How are they paying?
Chinese eCommerce takes place on Alibaba, Tmall and Taobao, and payments go through PaiPai and AliPay.
Whether you need cold supply chain
Or your products are non-perishable
How do you actually get products there?
You need a logistics provider to tailor a supply chain specific to your products.
Set you up with a TMall account
Improve your customers' online experience
Create a complete supply chain for your products
But I don’t speak Chinese!
Don’t worry, logistics providers can:
StarTrack can help your business take part in
China’s online retail boom.
Call 13 2345
In the West, most online retail is done by large B2C sites
such as department stores
StarTrack is a business of Australia Post