When we plan to entry an foreign market, we are afraid of making wrong decision in choosing right region in the target country, choosing right locations in the region, because heavy investment is involved and a mistake is too painful to afford by companies. However, this headache is gone for ever at least in China market.
Profile of China:
1. A magic land with 1.3 billion population;
Country Internet Users 641,601,070
1 Year User Growth 46.03%
Penetration (% of Pop. with Internet) 24,021,070
Country’s share of World Internet Users 21.97%
2. People adore online shopping (everything online. From beverage, rice to milk and coffee, from books to electronic instruments, from toothpaste to diamond. During special occasion, you can buy/ rent girlfriend or boyfriend there with decent price too.
3. Well developed marketing places
Major marketing places:Alibaba ( Aliexpress, taobao, TALL/ TMALL GLOBAL, Etc)
Popular marketing places: JD.com, Xiu.com, vipshop.com, dangdang.com, yihaodian.com,
Fast-growing marketing paces: YMATOU (1M registered customer base), metao.com
Take Tmall for example, total transaction volume in Tmall reached more than USD 14.5 Billion Annual Orders processed more than 6.1 Billion packages access to 307 Million acive online buyers.
E-Commerce is so huge now in China, some brands skip opening an actual store.
Topshop and Costco Launched in China Through E-Commerce
If sit in front of computer is still not convenience enough for you, you could find a third partner (TP) and navigate the way out for you as well.
Third Party companies will find a way for you even you are blind in the foreign market.