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 Paypal
Attract Chinese Buyers to Your Online Shop
Now 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)
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.