ecommerce and china scottish business expo.china now the largest ecommerce market in the world....
TRANSCRIPT
Scottish Business Expo.
Ecommerce and ChinaDr Peter Mowforth, CEO, INDEZ
2nd November, 2017
Available at www.indez.com/blog© Copyright INDEZ Ltd
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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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