E-commerce Future Development Trend

In the future, below development trend is what business owner of cross-border e-commerce shall keep in mind:

1. Technology is always a big trend.
2. The original digital native has become the main force of consumption.
3. Conversational business, voice assistant helps to upgrade our shopping experience.
4. Capital operation starts entering to cross-border e-commerce.
5. Branding is the key to establish loyalty.
6. Develop and promote traditional products with Internet thinking.
7. Sellers in China are beginning to become global suppliers.
8. Compliance operation will always be the main theme.
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Cross-Border E-commerce Taking up More Share of Traditional Trade.

In regard to the sales channels, cross-border e-commerce platforms and cross-border logistics distribution are the key to the development of cross-border e-commerce.

Amazon,eBay,AliExpress and Wish are the main export channels for China’s cross-border e-commerce to go overseas. Focus on the improvement of the customer experience, cross-border e-commerce platform will promote borderless interaction, borderless data resource sharing and borderless innovation. These platforms encourage enterprises to make innovation on products and services, and with innovative business model to establish global brand positioning, and to promote a more equal and GSP global trade, speeding up the operation process of enterprise globalization, and change the globalization operation mode of the enterprise, formed a more virtual and digital network structure, which is more flexible, agile, and low operating costs.

After years of development of China’s cross-border e-commerce exporting industry, especially after the explosive growth in 2010. Now it has formed a huge market size. According to the ‘2016 China E-commerce Market Data Monitoring Report”, China’s cross-border e-commerce transactions in 2016 reached 6.7 trillion yuan, an increase of 24% over the previous year. Among them, the cross-border e-commerce exporting volume is 5.5 trillion yuan.

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Report shows, impacted by the rising labor costs, China’s traditional trade export growth has been slowing down in recent years.
Our products are mainly exporting to the market of the United States, Japan, European Union, the association of south-east Asian nations (ASEAN) , which are also has seen volume fallen, these countries and regions are also the main markets of China’s cross-border export e-commerce, and the growth rate is considerable.Compared with traditional trade, the core competitiveness of cross-border e-commerce export is efficiency, which comes from the reduction of trade intermediate links.

IT Capability is Always the Key on Upgrading Service of the Cross-border E-commerce

With the development of cross border e-commerce, more and more people are buying from internet, most products are from different countries, there will be an upgrade in demand from different customers, which will bring the upgrade of the product level. The upgrade of the product will definitely promote the upgrade of the whole supply chain.

In the past years, competition in cross border e-commerce is mainly about product price, then it is about quality and also brand competition, the compete from meeting consumers’ the most basic demand to customers’ stylish demand, each level has its different requirements.

More and more enterprises in the industry want to do better and better. From the products or the logistics experience, or from the satisfaction of the customer service, all these are important things that reflect the customer’s experience.

Then how we can guarantee this valuable customer experience?

Behind all these pursuits, their ultimate guide is service upgrade, which cannot be separated from scientific management. In the future, the upgrade challenge of cross-border e-commerce will be mainly come from the upgrading of internal management, including the upgrading of process and rule, product experience, supply chain, and customer service system. Right now what we hear more and more is the new words big data, actually what behind is IT capability. IT is always the key.

A Glance at How Often are Europe People Shop Online

According to a survey of “Pan-European e-commerce trends” by MasterCard in 2017, Europeans are keen on e-commerce shopping!

Let’s find out the result:(online shipping)
1, How often are European Internet users use shopping?
25% of European users shop online at least once a week;
63% of European users shop online at least once a month;
90% of European users shop online at least once a year;
The people who most frequent shopping online in Europe:
9% of Polish and Lithuanians shop online every day;(online shipping)
8% of British, Italians and Spaniards shop online every day.
41%of Britons, 32 per cent of Irish and 30 per cent of Germans shop online every week.

2,In British, every three people who is shopping online will buy groceries, and British shoppers are twice as likely to shop for groceries as the Dutch, Belgians and French.
In Ireland, Norway and Greece, 40% of online shoppers buy long-distance travel products online, compared with 14 per cent in Poland and 10 per cent in Croatia.(online shipping)

3, Countries among Most interested in new technologies:
20 percent of Norwegian and Greek online shoppers,
19 percent of Finnish online shoppers are ahead of other European countries in using mobile wallets.

4, Which European countries are most interested in cross-border e-commerce shopping?
9 out of 10 Austrians and Irish are online shoppers, and 2 out of every 3 Italians, Spaniards and British, have had at least one cross-border e-commerce experience.(online shipping)
While countries like Bulgaria, the Czech republic, France, Germany, Hungary, Lithuania, Netherlands, Poland, Romania and Slovenia shoppers, 40% have never shop on a foreign e-commerce website.

How to Start Oversea Online Shopping

Overseas online shopping was originally defined as a domestic customer from overseas shopping mall shopping and shipped to the domestic receiving address. (cross-border e-commerce)At present, overseas online shopping is mainly divided into three forms from the shopping process. The first is the traditional transport mode, which requires the transport of goods from foreign e-commerce companies to the domestic market.The second is the direct mail mode, where foreign e-commerce companies can send goods directly to China.(cross-border e-commerce) And the third is nearly two years of emerging mode, is growing so fast, also attracted many net friend, has no experience in hai tao that is cross-border electricity, mainly refers to the domestic electricity warehouse from abroad or domestic bonded area warehouse to deliver goods to customers, because the entry process such as also need to pass the customs clearance, so clean out into the sea.

The specific process of overseas online shopping is no different from buying things on JD or Taobao, with a preference for adding to shopping cart, writing down an address, make payment, etc. (cross-border e-commerce)Only in the transfer mode, the delivery address will be sent to your address, and the forwarding company will send to you after receiving the goods.

The most convenient way for a fans of the entry level overseas online shopping is the direct mail mode, so the introduction is the direct mail mode.(cross-border e-commerce)The direct mail mode is sent from abroad to China directly, so it is no different from the JD shopping process.

What Would Your Expect on Cross-border E-commerce in the Future

Faster speed
Consumers used to be patient about getting their goods, but that’s not the case anymore. This will not be waited until the future, but will be better asap. (cross-border e-commerce)Peoples want faster and faster delivery speed, it will be good if there are companies provide same-day deliveries, that is what we call lighting speed. We have seen Amazon same day drone service 2016, and this brings the awareness of faster delivery, Consumers will demand this service as a way of distinguishing between buying from one company or another, putting morepressure on companies to offer these same-day deliveries just to keep up with their competitors.(cross-border e-commerce)

Content-drive
Ecommerce marketing will consistent of aggressive content marketing campaigns. Providing engaging content on brands’ websites, as well as on social media, will be a dominant force behind marketing. This is especially true of video marketing as it surges in popularity. Social influencer programs will also continue to grow, with brands paying influencers to use and spread the word about their products.

the Internet of Things
IoT (the Internet of Things) starts taking a stance in eCommerce, specifically using beacon technology as a tool to reach your customers when they are not IN your store, or on your website. This means you can reach to your customers wherever they are. Everything is connected.(cross-border e-commerce)This will also change and improve the marketing landscape for retailers in the coming years.
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Cross-Border E-commerce Provides More Opportunities for TCM to Go Abroad

The rapid development of China’s cross-border e-commerce industry has become a new type of business in promoting the transformation and upgrading of international trade. What role can cross-border e-commerce play in the pharmaceutical industry, especially in the traditional Chinese medicine industry? Member of Cross-border e-commerce development association of Chinese medicine supplies committee Zhang Rui jiao, accepted an interview on April 15, saying, to meet the difficult position in go out, internationalization of traditional Chinese medicine at present, with the help of a cross-border electricity is a good solution.

Editable template of detailed map of China, isolated on white
Editable template of detailed map of China, isolated on white

Exports of Chinese medical materials, like herbal slice, Chinese patent medicine, extractive and health care products are in negative growth, both in export volume and value of export. Zhang Ruijiao said, it is much more difficult while the oversea wholesalers are using the traditional way of trading due to the China’s manufacturers have now more inventory pressure and more commodities classification. Many of the Chinese manufacturers cant meet the requirement of large order while small order also not accepting due to the high cost. That’s one of the reason why the Chinese medicine business owners cant make their business expanded with traditional way of trading.

While the cross-border e-commerce, the new business model can help to figure out this problem. It allows small order for the oversea buyers. With this new business model, tracking products quality are much more easier and this is a plus for the buyer experience. Traditional Chinese medicine is the quintessence of our country, this helps to build international brand easier than other products. Zhang Rui jiao thinks, in terms of creating international brand of Chinese medicine, cross-border e-commerce can also play a role of more, because the cross-border e-commerce can directly reflect the customer experience and evaluation, which is a great help for establishing the brand.

Exporting E-commerce Should Be Considered as the Main Body of E-commerce

As we know, E-commerce contains importing e-commerce and exporting e-commerce, while recently people mainly talk about importing e-commerce, but seldom think about selling our products to the other countries. And also, the logistics service provider as well.(e-commerce business)
With the rapid development of e-commerce, supporting service is well developed as well. ChinaDivision gains great development under this background. (global shipping from China)

1, Exporting e-commerce market share is getting bigger.
According to the , first half year of 2017, China E-commerce trading scale reached to 3.6 trillion, with a 30.7% year-on-year growth rate, including exporting e-commerce 2.75 trillion(81.5%), and importing e-commerce 0.8624 billion.(18.5%). and it is believed that total e-commerce trading scale will reach to 6.8 trillion.
2, Made in China is not the same as it was before.(e-commerce business)
In many people’s eyes, the low-end image of domestic goods may be the biggest problem for exporting e-commerce.However, the rapid growth of export e-commerce has a lot to do with the quality change of products made in China.
3, Policy-driven is always the fundamental guarantee. (global shipping from China)
Beside the “Belt?and Road” Initiative and industrial structural transformation, exporting e-commerce also bears a mission of balancing the international trade and adjusting the foreign exchange reserves. Therefore, government also spare no effort to support the development of E-commerce.

As an professional B2B order fulfillment and logistics service provider.
You can trust us:
Store, Pack and Ship directly from China, to better extend your business. We are your ideal choice. (e-commerce business) ChinaDivision.com is a leading service provider of China drop shipping, warehouse fulfillment, supply chain management and global shipping from China. With FREE warehousing for 90 days, state of the art warehouse management system, FREE API & plugins, we are confident to expand your business to new territories. We also provide customized value-added services including assembly, customized package and business inserts. If your manufacturer is in China, why not partner with us, ship directly from China and cut your cost?

How the GOP Tax Plan Affects Online Retailers

On December 22nd, 2017, the President of the United States Donald Trump signed the GOP tax bill into law. As the President said, because of the massive tax cut, “Corporations are literally going wild”. According to analysis, the new tax plan will give a major push to the development of retailers by cutting the corporate tax rate, which is a great opportunity for small and medium e-commerce business owners to stay competitive in the international market. The GOP Tax Bill will bring the following benefits for online retailers.

Taxes

Better sales performance.

One purpose of the GOP tax plan is to stimulate consumer demand. Benefiting from the temporarily individual tax cut and the salary increase brought by the   permanent corporate tax break, Americans will have more cash in their pocket, which means people may step up their spending, and create more demand. This for sure is a good news for online retailers, because according to a study in 2016, 8 in 10 Americans are now shopping online. The increase of the money for consumption will bring more orders to the online retail industry.

 

Stronger margins to increase the service.

Starting in 2018, the corporate tax rate will be cut from 35% to 21%. This is the retail industry’s biggest public policy push for years, which the e-commerce business owners can really use. As I just mentioned, American can afford to buy more due to the deep tax cut, but it doesn’t mean all the e-commerce business can make more money. It is reported that consumers are spending more on experiences than things, that’s why Apple Stores are always full of customers despite anyone can purchase an iPhone online easily. So it’s wise to increase the service budget after the profit margin increases. Some might say online stores have natural short slabs on service compared to physical stores, it’s not really the way it is, there are a lot of things can be done. With the help of fast global shipping and brand upgrading services, online retailers can provide a more thoughtful door-to-door service for consumers.

 

Greater competitiveness at the international level.

The United States has had one of the highest rates in the world, put the country at a competitive disadvantage compared to lower-tax nations. Since the rates are much lower now, American companies are able to earn more domestic profits, e-commerce business owners in the USA can pay more attention to the American market. More than that, the permanent corporate tax cut brings the USA closer to that of countries like Canada (15%) or Ireland (12.5%), gives USA based e-commerce business greater international competitiveness. In this case, sourcing products from countries with developed manufacturing and cheap labor, such as China, and selling to America domestic consumers seems a good idea now. Thanks to the global economic integration and the quality international order fulfillment service provided by companies like ChinaDivision, American e-commerce business owners can seize the opportunity brought by the tax cut, and seek substantial business growth and expansion.

How to Expand An E-commerce Business in Holiday Seasons

For e-commerce starters who own small drop-shipping business, the upcoming holiday season is a good chance to expand the business. From Halloween to New Year, it’s the most important months of a year. According to 2015 U.S. Census data, almost 20 % of annual sales for some retailers happen during this period. There are a lot of things can be done to push your business to next level in this holiday season.

how to expand

Send gift packs.

One of the most important steps of expanding a small drop-shipping business is creating a good brand image. Sending gift packs during holidays can convey the image of thoughtful and bond with consumers, which will emotionally make your business distinctive from competitors. Gift packs can contain promotional items such as holiday gifts, gift cards, thank you cards, free samples, coupons, etc. Although consumers will love the gifts, asking drop-shipping suppliers to put multiple items in a package seems impracticable, most of them don’t have the time or professional packing skill. Not only that, the gifts and products may be from different suppliers, and it will be harder to manage the inventory.

This is the situation when the business owners need kitting service. Kitting service means putting multiple products in one box and send them as a pack. It requires packing skills, effective inventory management and optimized manual operation process. Only dedicated fulfillment centers like ChinaDivision are capable of doing them well, especially in peak season during holidays.

 

Order in bulk, keep some products in stock.

It is known that drop-shipping is money saving because it doesn’t require inventory. But no product in stock may become a big disadvantage during the holiday season. When the long awaited big amount of orders come to you during Thanksgiving, Christmas, New Year, etc, stock products will speed up the order processing and give you a head start. Not only that, ordering products in bulk also increases profits because wholesale prices are more discounted. (drop-shipping business) If you haven’t stock enough products for the Christmas sale, it’s still not too late to do it now. ChinaDivision provides 90 days free warehousing service, long enough for every small business owner to be prepared for all the holiday orders.

 

Improve the after-sale service to delight the consumers.

The holiday season is also a good opportunity for small e-commerce business to stand out of the crowd by providing good after-sale services.

Track all the orders. The holiday season at the end of the year is the traditional rush hour of global logistics, shipping delays and parcel lost happen more often than usual.(drop-shipping business) So it’s essential to provide the tracking numbers on time and keep an eye on the shipping status, it helps the business owner to solve shipping problems in the first place and shows the consumers a professional attitude.

Provide easy and fast return/exchange service. Explain the return/exchange process clearly in the return policy, it will really speed up your after-sale process and make the consumers place order without worries.

Sync the data to update the order status on time. As I said above, it’s essential to update tracking numbers on time. In fact, besides tracking numbers, order processing status and inventory changes also need to be updated in real time. It’s better to sync all the data automatically, or you have to spend a lot of energies&time on dealing with numbers.(drop-shipping business) ChinaDivision has developed order fulfillment software for Shopify, OpenCart, Woocommerce, BigCommerce, Magento, eBay, etc. The easy-to-use apps/extensions are good helpers during holiday seasons, which avoids data mistakes and update delay.