China Market Entry
Every businessman is doing business in China, or planning to do, because “it’s the right place to go”. Before creating your China market entry strategy, read these rules… Golden Rules For Doing Business In China Rule 1. Nothing is Too Easy Don’t be fooled by “It’s easy to make money in China.” You need […]
This is a comprehensive guide listing options on how to send money to China. If you’re trying to transfer money to China. Reading this guide is a must. Use the links below to jump to each section: How to Send Money to China Online Payoneer Paypal Xoom, a Paypal service TransferWise WorldFirst How to Send Money to China in […]
The goal of my 7-Step China Niche Market Formula is to help you answer this question: Is this MY PROFITABLE market? Step 1. Ideas: Describe your niche as specific as possible. Step 2. Needs: Are there real problems and people want to solve? Step 3. Money: Will people pay for this? How much will they pay? How […]
Understanding market trends in China is critical for your China market entry strategy and business development. I am sharing some insights on the market trends in China and you might sense some new opportunities. Understanding Market Trends in China The Rise of Chinese Middle Class Chinese middle class is starting to pay more on services and […]
Looking to start a business in China but not sure what niche market in China is suitable for you? Read this guide today and you will find a perfect and profitable niche. I will show you how to choose the right niche in China and what risks you should minimize. Secret to My China Consulting […]Ms Wang and Iris from Paypal China interviewed me in a rainy day this fall.
It is happy to see several new changes in Paypal China and they can help more Chinese cross-border startups and freelancers to expand the overseas business.
Paypal help me expand global business: Chao's startup story and his successful use of PaypalNow You can enter China market at a much lower cost with a significant number of potential Chinese cross-border online shoppers out there.
And it is pretty efficient.
It is true that China sells various types of goods around the world.
In the mean time, Chinese buers love western brands, esp. luxury goods, infant formulas, healthcare products, cosmetics, etc.
Chinese buyers want to access to more foreign brands in an easier way, and they are ready to pay a premium for high-end products.
It is the good timing to get more Chinese buyers.
You can fully localize your web store, you can provide direct shipping to China, you can support Chinese customer service.
When Would a Chinese Consumer Buy from Your Web Store?(Photo by Chao: In Southern Georgia, USA, Oct. 2016, I love the bales of the three little pigs)
A lot of foreign brands cost more in China, and Chinese shoppers tend to buy many products from overseas.
With the attractive potential ahead, new players joined this game without hesitate.
This May, I attended the 5th Cross-border eCommerce conference China 2016 in Shanghai. The meeting lasted two days, the first day focusing on import and the 2nd day focusing on export.
The one sitting left to me is a senior director from a top newspaper in China, they are also working on a cross-border eCommerce program. A big challenge for them is the difficulty in recruiting qualified talents with experience in this field.
Actually I’d been in the same event twice last year. We can see obvious changes in a short time, and more new faces in the market.
