How to Successfully Enter the Chinese Market
The allure of the Chinese marketplace is undeniable. Yet cracking this complex market isn't a walk in the park. Cultural subtleties, intricate regulations, and fierce competition make it a challenging endeavor. So, what's the recipe for success for foreign businesses aiming to make their mark in China? Let's delve into some key strategies and tips.
Navigating China's E-commerce Landscape
If you're looking to break into China's booming e-commerce market, you're on the right track. This lucrative space, primarily accessed via smartphones, is teeming with opportunities but is also highly competitive. Depending on your objectives and target market, choosing the right platform can make all the difference. Here's a primer on the top platforms in China, segmented into local and cross-border options.
How To Open Tmall And JD.com Stores In China
Tmall and JD.com are the two most dominant e-commerce platforms in China. Together, they account for 85% of China’s e-commerce market. It then comes as no surprise that every company serious about selling to Chinese consumers should consider opening their store on either or both of the platforms.
How To Open Cross Border Tmall and JD.com Stores
Unlike the standard Tmall and JD.com, cross border platforms Tmall Global and JD Worldwide allow companies to open own store and sell to China using their foreign business license. This makes it an attractive choice for many foreign brands. However, opening cross border stores is a complex project. This guide will explain all the requirements and necessary steps.
WeChat Mini Programs
WeChat Mini Programs (also know as Mini Apps) are multi-platform Android and iOS compatible apps living within WeChat. These apps do not need to be purchased, downloaded and installed - instead they work more like H5 websites with added functionality.