China S Exporters Go Online To Tap Domestic Market



(Reuters) – At this time of the year, Deng Jinling would normally be welcoming foreign buyers to her vacuum flask showroom or cramming her goods into containers to be shipped to customers in the United States.
The coronavirus outbreak has changed all that.
Now desperate exporters are turning to the domestic market, and they are seeking out e-commerce and even social media mobile apps to lift their fortunes.
Stuck with unsold stock and cancelled export orders, Deng has laid off both her sales staff and 80 factory workers, and has since March begun seeking local customers on Chinese e-commerce platforms, paying livestreaming stars to market her products.
Her business, Lucky Bird, is one of thousands of Chinese exporters and manufacturers of mass market goods from lamps to blankets who are now counting on the domestic market after the pandemic slammed overseas demand.
An official China manufacturing survey this week suggested any recovery is months away, with export orders in May shrinking for the fifth straight month.
Given the heightened uncertainty, export goods manufacturers are opening online stores on the likes of Alibaba Group’s Taobao platform as well as JD.com (JD.O) and Pinduoduo (PDD.O), or turning to second-hand sites or sellers on social media app WeChat to offload their stock at bargain prices.
“The orders are all gone. I’ve been in the industry for 15 years and this year is so extraordinary,” Deng told Reuters from her showroom in Yiwu, China’s export capital for small commodities ranging from Christmas trees to souvenirs and toys.
“Anyone in the export business must now try sales online in China.”
WAKE-UP CALL
The strain on exporters has been a shot in the arm for online platforms, which in previous years have been trying to recruit such companies to expand their vendor base.
JD.com in April announced that it would waive fees and give out loans as part of a campaign to recruit manufacturers to its Jingxi arm and aims to lure 10,000 merchants in the toy manufacturing hub of Shantou to its site this year.
Pinduoduo has tied up with the Dongguan government to reach a goal of helping 1,000 brands and manufacturers make a combined 100 billion yuan ($14.06 billion)in sales.
“The coronavirus pandemic is a wake-up call for China’s contract manufacturers to not put all their eggs in one basket,” a spokesman for the firm said.
Alibaba said 160% more export-oriented firms opened online stores on Taobao in the past three months to redirect their focus toward the domestic market. In March the e-commerce giant also launched an app for manufacturers to promote direct-from-factory deals.
Tencent Holdings’s (0700.HK) WeChat messaging app has also been a popular tool, with factories outsourcing their excess stock to individuals, who set up chat groups to sell them to friends and contacts.
One WeChat seller, Cheng Xiaote, said she procured thousands of makeup boxes made for German brand Zmile this way at a low price and was able to sell them off at 99 yuan ($14) a piece. They usually sell for 18.99 euros ($21.51) on Amazon Germany.
“For the factory, selling to me at the lowest price is better than having inventories sitting in the warehouse,” she said. “It was an immediate hit.”
China’s commerce minister Zhong Shan said last month that domestic sales by exporters rose 17% in April and encouraged them to further increase their local market share.
Many exporters, however, said they did not see the shift to the domestic market as a long-term solution. For one, most products made for Western consumers are shunned by the locals, and it is usually more profitable to sell in bulk to overseas customers.
Chen Zhen, co-owner of Yi Qiao Jewellery which also has a showroom in Yiwu, said many of the hair clip designs on the recently opened online store failed to sell.
But she wants to keep it open.
“We will give more importance to online sales in China in the future as we find relying totally on export is risky.”
Ocean shipping shrinks as pandemic pummels retailers
 


Artikel ini hanyalah simpanan cache dari url asal penulis yang berkebarangkalian sudah terlalu lama atau sudah dibuang :

https://www.malaysia-today.net/2020/06/05/chinas-exporters-go-online-to-tap-domestic-market/

Kempen Promosi dan Iklan
Kami memerlukan jasa baik anda untuk menyokong kempen pengiklanan dalam website kami. Serba sedikit anda telah membantu kami untuk mengekalkan servis percuma aggregating ini kepada semua.

Anda juga boleh memberikan sumbangan anda kepada kami dengan menghubungi kami di sini
Langkah Demi Langkah Cara Buka Kedai Online Anda Sendiri

Langkah Demi Langkah Cara Buka Kedai Online Anda Sendiri

papar berkaitan - pada 3/6/2020 - jumlah : 510 hits
Tentu anda ada impian nak ada kedai online anda sendiri Halangan utama untuk buka kedai online anda sendiri ialah kos untuk upah web designer tu amatlah mahal Sebenarnya anda sendiri boleh buat kedai online sendiri dengan panduan langkah de...
Membeli Belah Secara Online Di Pg Mall Senang Serta Menjimatkan

Membeli Belah Secara Online Di Pg Mall Senang Serta Menjimatkan

papar berkaitan - pada 3/6/2020 - jumlah : 389 hits
Hi Korang Pernah dengar PG Mall Eh bukan shopping mall baru lah ni zaman zaman PKP ni mana maunya wujud mall baru kan Semua orang kan kene perintah berkurung di rumah So no new mall Sebenarnya PG Mall sebuah platform membeli belah no 1 Mala...
6 Rekomendasi Toko Online Di Jogja Untuk Beli Sayur Buah Dan Daging Segar Praktis Cepat

6 Rekomendasi Toko Online Di Jogja Untuk Beli Sayur Buah Dan Daging Segar Praktis Cepat

papar berkaitan - pada 3/6/2020 - jumlah : 327 hits
Daripada berdesak desakan di pasar karena ketemu banyak orang mending pesan online aja Kualitasnya nggak kalah ciamik
Cara Pengeluaran Asnb Secara Online

Cara Pengeluaran Asnb Secara Online

papar berkaitan - pada 4/6/2020 - jumlah : 396 hits
Cara Pengeluaran ASNB Secara Online Semakin hari semakin banyak kemudahan yang kita perolehi secara dalam talian Ditambah pula dengan pandemik Covid 19 negara kita telah melaksanakan arahan PKB Banyak aktiviti ekonomi dihadkan Cara Pengelua...
Bantah Kabar Dana Haji 8 7 Triliun Mau Dipakai Untuk Perkuat Rupiah Bpkh Itu Bagian Dari Silaturahmi Secara Online

Bantah Kabar Dana Haji 8 7 Triliun Mau Dipakai Untuk Perkuat Rupiah Bpkh Itu Bagian Dari Silaturahmi Secara Online

papar berkaitan - pada 4/6/2020 - jumlah : 287 hits
Badan Pengelola Keuangan Haji membantah kabar terkait penggunaan dana haji sebesar USD 600 juta untuk membantu memperkuat rupiah Dikutip dari keterangan tertulis BPKH pernyataan mengenai apabila haji 2020 ditiadakan Dana USD 600 juta BPKH d...
Semak Baki Dan Bayar Pinjaman Kereta Guna Cimb Clicks Secara Online

Semak Baki Dan Bayar Pinjaman Kereta Guna Cimb Clicks Secara Online

papar berkaitan - pada 4/6/2020 - jumlah : 1292 hits
Semak baki pinjaman kereta CIMB secara online guna CIMB Clicks Bukan sahaja boleh semak baki pinjaman kenderaan anda malah boleh juga buat bayaran pinjaman The post appeared first on
Cara Semakan Permohonan Yapeim Online Terkini

Cara Semakan Permohonan Yapeim Online Terkini

papar berkaitan - pada 4/6/2020 - jumlah : 373 hits
Cara Semakan Permohonan Yapeim Online Terkini Semakan Pemohonan Yapeim Online Dana Inspirasi Malaysia 2020 Fasa 1 Tarikh semakan status Dana Inspirasi Malaysia YAPEIM 2020 The post appeared first on
Semak Baki Akaun Cimb Melalui Sms Dan Online

Semak Baki Akaun Cimb Melalui Sms Dan Online

papar berkaitan - pada 4/6/2020 - jumlah : 617 hits
SEMAK Baki Akaun CIMB Melalui SMS Dan Online Cara semak baki akaun Pelajari cara melakukan semakan baki wang atau duit di dalam akaun CIMB dengan hanya menggunakan khidmat pesanan ringkas atau SMS Anda boleh menyemak bagi balance wang anda ...
Court Mediation Can Now Be Conducted Online

Court Mediation Can Now Be Conducted Online

papar berkaitan - pada 3/6/2020 - jumlah : 325 hits
The chief registrar of the Federal Court says online mediation can be used as an alternative to the procedure at the Court Mediation Centre PUTRAJAYA Mediation in court can now be done online without the presence of the parties involved Thi...
Oriental Kopi Klcc Port Minum Kopi Terbaru

Pasar Raya Flagship Jaya Grocer Di Sunway Pyramid Tarik Pengunjung Dengan Penampilan Serba Baharu

U Mobile The New Ali Baba Contractor For The Second 5g Network Tender

The Celebrity Legs And Feet In Tights 2024 Pantyhose Queen Poll Full Contender List

Panas Artis Wanita Malaysia Ditahan Polis Thailand Turut Ditemukan 6 000 Biji Pil Kuda

Iphones Dalam Bahaya Amaran Baru Peretasan Sasarkan Peranti Apple

Explore The Hottest Tangkasnet Gaming Trends And Top Picks For 2024

Jangkitan Kulit Utama Oleh Mycobacteria Bukan Tuberkulosis Laporan 6 Kes


echo '';
Info Dan Sinopsis Drama Berepisod Senyawa iQIYI Malaysia

Info Dan Sinopsis Drama Berepisod Project Projek Exit Astro Originals

Pelajari Asal Usul Nama Makhluk Seram Kisah Fiksyen Barat Yang Terkenal

10 Fakta Filem Kahar Kapla High Council Yang Ramai Tak Tahu Prekuel Drama Project Projek High Council

Anugerah Seri Angkasa 2024 Senarai Keputusan Pemenang Calon Top 5 Kategori Hadiah Persembahan Penyampai Trofi Dan Segala Info ASA 36


Immigration Officers Involved In Counter Setting Case Transferred Says Dg

Kerajaan Perkenal Undang Undang Lebih Tegas Tangani Buli Siber Kata Anwar

Malaysiaweeklyrecap 30 September

Malaysiaweeklyrecap October

Learning Has Always Been Distinctive Not Uniform

Ebook Rahsia Taobao