When importing from China, e.g., through Chinese B2B sites, like Alibaba or Made-in-China, we encounter some abbreviations used by suppliers. It’s crucial to get familiar with them to fully understand an offer and services provided by a chosen supplier. One of them is MOQ. What is MOQ, and what does it influence? Why do sellers establish MOQ?
Chinese online shopping platforms are extremely popular. International consumers more and more often order products from AliExpress and are not afraid of buying goods from China. There are also sites dedicated to wholesale trade, such as Made-in-China. It’s a B2B (business to business) portal, which means it’s devoted to larger imports and not to buying by an individual client. The website was launched in 1998 in Nankin by John’s Shen initiative. Made-in-China is also available in the app form for both Android and iOS systems.
In this article, we’ll show you how to place an order on Made-in-China step by step.
The dynamic development and openness to cross-border sales have made Chinese e-commerce dominate. Europeans are buying on a large scale from Chinese e-commerce platforms, and the Chinese are increasingly willing to open up to cross-border shopping. Selling on Tmall, the largest e-commerce platform in China, can be a hit for those interested in exporting to China. By 2018, more than 14,500 international brands from 63 countries were selling their products on Tmall Global. 80% of them were introduced to the Chinese market for the first time.
China is the largest e-commerce market in the world. The Chinese shop online much more often than the rest of the world. Among the products that citizens of China buy online are clothes, cosmetics, electronics, and even food (more than 50% of customers). At the moment, the Chinese e-commerce market is worth over 1 billion dollars and is continuously growing. The middle class in China is growing, and so is consumption. Online shopping became very convenient, particularly when using extremely popular mobile payments. New trends and interest in foreign and luxury goods also contribute to the rapid development of e-commerce in China. Domestic products cannot meet these needs. E-commerce gives foreign suppliers an opportunity to sell their product and speed up procedures, benefit from favorable tax policies and, what’s most important, they don’t have to license their operations.
We present to you an interesting infographic „10 facts about e-commerce in China”.
We have recently described the rise of Chinese B2C e-commerce – in this article, we will sketch the outline of the current market situation, especially in the light of the recent news about Tencent acquiring 15% stake in JD.com, which was revealed today.
