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Scottish Business Expo.
Ecommerce and ChinaDr Peter Mowforth, CEO, INDEZ
2nd November, 2017
Available at www.indez.com/blog© Copyright INDEZ Ltd
© Copyright INDEZ Ltd
TOPICS
● Introduction to Ecommerce in China● Key things to know about payments● Key things to know about fulfilment● Four example ways for you to sell into China
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BACKGROUND
● China now the largest ecommerce market in the world.● Chinese retail ecommerce growing at 27% (around $1T).● UK seen by Chinese buyers as a good place to buy from.● UK’s Hut Group creates £250m of growth over 2 years
by selling direct to China using ecommerce.● Opportunities likely to be only short-lived due to Chinese
borrowing issue.
PAYMENTS IN CHINA
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PAYMENTS IN SCOTLAND
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ECOMMERCE PAYMENTS ONLINE
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CHINESE CUSTOMS CLEARANCE CERTIFICATES
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Alibaba.com Taobao.com Tmall.com
JD.com WeChat.com Direct
CHANNELS
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ALIBABA.com
● Global B2B platform.● Trade turnover greater than Amazon & eBay combined.● Growth for 2017 will be between 45% and 49% {ref}.● Registration and setup takes less than one hour {ref}
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ALIBABA & SCOTCH WHISKY
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● Scan● Translate● Buy
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PAYMENTS WITH WECHATPAY
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29-year-old Papi Jiang has had over 100 million views of her kitchen-based videos. She earns several million Dollars a year through private sponsorship of products.
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