![]() ![]() ![]() The height depends on the product category, and ranges between 2%-10%. The annual fee for the platform is around $ 1,000 (with a consumer deposit of $ 10,000-$15,000). ![]() However, it is a bit cheaper than Tmall and Tmall Global to enter. JD or JD Global is quite similar as Tmall and Tmall Global, offering foreign and local merchants or brands an online store on the platform. JD Worldwide offers all they need to be able to sell to Chinese consumers. No longer do foreign merchants need to be settled in China, or even hold a bank account. ![]() The platform has been riding the cross-border e-commerce wave towards growth, offering foreign companies access to the Chinese market. JD also opened their cross border platform in 2015 called JD Worldwide. The platform, called JD.c0m, is growing rapidly, facilitated by the financial resources offered by investor Tencent, the guys behind China’s biggest chat application WeChat. JD.com has opened up it’s infrastructure to third parties, and is offering a B2C platform like Tmall and Tmall global. However JD.com is the number one retailer in Asia when its comes to direct sales B2C Another 866 counties can rely on next-day delivery. We all know it’s competitor Tmall : which is the largest B2C platform of Alibaba and also leading retailer by volume. All these locations are staffed by JD employees! Jing Dong can provide same-day delivery in 134 regions of the country. As if that is not impressive enough, JD has 3,210 delivery places to pick up, or deliver packages, spread over 1,862 districts all over China. Jing Dong operates 7 fulfilment centers, and has 123 warehouses in cities throughout China. And indeed, the fulfilment infrastructure of JD.com is the biggest in China. As you might imagine, the sheer amount of orders this E-commerce platform handles requires an extensive fulfilment infrastructure. “It will definitely help to increase the cultural sense of society.Jing Dong, also known as JD, is one of the biggest online direct retailer in China. “I think the commercialization and diversity of running a physical bookstore will ultimately promote the development of bookstores, engaging more people in reading books,” according to Ji Junhu, vice president of the Shanxi Writers Association. While some cultural experts argue that bookstores shouldn’t be too commercialized, some say commercialization is an effective way to promote a reading culture. His shop is just one of many that are rising in China. “In order to compete with online bookstores, we are offering the same discounts as or, which are about 30 percent off on average.” Lu’s sales strategy is offering discounts. The monthly turnover is up to 400,000 yuan, half of which is from book sales. Coffee, desserts and various cultural activities are all available, because Lu believes that a greater sense of culture and diversity will ultimately bring in more customers. Lu’s bookstore covers 1,200 square meters and has over 20,000 volumes. “Crowdfunding has helped me get to know lots of people in the cultural circle, which is important to my bookstore.” Crowdfunding, Lu says, is not just about raising money. Owner Lu Hongren raised two million yuan – about $300,000 – in crowd-funding from over 100 people through WeChat. ![]()
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