• blog
  • Ecommerce battle hits China

October 7,2021

Ecommerce battle hits China

byIsev Team Isev Team

China’s quickly growing eCommerce sector has led companies such as Suning, Gome and Wal-Mart to increase their online presence in the country.

Suning, the home appliance giant, will be simultaneously enlarging its already substantial offline network whilst also increasing its online visibility.

‘While we add stores, we’re still paying attention to our online business,’ Sun Weimin, Suning’s vice chairman, told the China Daily.

‘Traditional [retail] and ecommerce have different customers, and we believe the two can develop cooperatively.’

Increasing its offline profile, Suning is building 27 storage centres, ten of which are already under construction.

Gome, a rival to Suning, purchased 80% of Coo8.com in 2010, as it tried to compete in the burgeoning ecommerce category.

‘E-commerce will play a very important role in Gome over the next five years, and we have a determined resolution regarding this,’ said Wang Junzhou, Gome’s president.

‘It’s the company’s first shot to tap the eCommerce market.’

Wal-Mart is also getting in on the action, taking a share in internet-based electronics retailer 360Buy, and recently unveiling an e-commerce platform linked to Sam’s Club outlets in Beijing, Shanghai and Shenzhen.

Doug McMillon, chief executive of Wal-Mart International, said:

‘We believe our 8,000 points of distribution give us an opportunity to leverage that network, more than a purely online retailer can do,’ he said.

Tabobao Mall, a virtual store has recently partnered with big brands such as Levi, Gap Uniqlo and Adidas. Lured by the possibilities promised by over 450m ‘netizens’.

‘We felt that working with Taobao Mall offered the best approach to reaching out to more consumers because it is so clearly the most influential online business-to-consumer sales channel,’ said Christophe Bezu, chief e-commerce officer for Adidas, last year.

‘It allows us to reach millions of consumers in a very direct way, many of whom we would have difficulty reaching through brick-and-mortar storefronts.’

According to iResearch, the total number of orders made via the web in China hit 564.7m by the close of 2010, measured against 371.5m just one year earlier.

Continue Reading

What sets our website designs apart?

Website design goes beyond aesthetics; it's about crafting an experience that keeps your audience engaged and encourages them to return to your business.

Avatar
Leanne October 18th, 2024
Understanding Website Architecture: A Comprehensive Guide

Did you know that, on average, users spend only 54 seconds on a website? In that brief moment, it’s crucial to grab their attention, engage them, and make them want to stay on your website. So, if your site is difficult to navigate, visitors are more likely to leave and seek an easier experience elsewhere. … Continued

Isev Team
Isev Team October 7th, 2024
How to Get a High Quality Website

One of our favourite quotes is “If it’s done right, it’ll last forever”, a statement that is specifically true for how important a quality website company, with talented developers and designers is. Sure, you could get a website built for you, or even build one yourself both at a lower cost than professional website builders … Continued

Isev Team
Isev Team September 24th, 2024
The Customer Journey: Tips and best practices

This article looks in detail at both the customer journey and the conversion funnel, analysing how they function and how they work hand in hand.

Avatar
Leanne August 15th, 2024