Focus on Taobao, the Chinese e-Commerce Giant

Taobao, China's e-commerce giant, is the focus. China has more than half a million online shoppers, making it the most prominent and fastest-growing e-commerce country globally. But, it can be challenging to enter the Chinese market. There are so many platforms available, including Tmall and J.D. Taobao is China's most loved shopping site for many years. Taobao offers everything, from clothing to electronics to food, with more than 800,000,000 products! Taobao is now a legitimate alternative worth considering due to its large audience and affordable pricing. This blog post will cover ten tips to make selling on Taobao a success.

What is Taobao?

Taobao (literally "Search for Treasure") was launched in 2003 by Alibaba, the Chinese online giant. It specializes in both B2C as well as C2C transactions. Taobao is a popular platform for young entrepreneurs. It offers a wide range of products and thousands of products directly on the forum. Taobao's success can be seen in numbers. It has 300 million daily active users, 600 million monthly mobile internet users, and 668 million mobile monthly active users (MMAU). Taobao, which had 490.3 billion U.S. dollars in worldwide gross merchandise volume, was the most significant e-commerce player in China as of 2019. It also had the second-highest platform JD.com and Tmall.

What makes Taobao so popular in China?

Taobao is now the most popular online retailer in China, surpassing many of its competitors. Popular with Chinese customers, Taobao is known for its wide product range, affordable prices, and easy payment methods. It sells domestic products like clothing, jewelry, and accessories.

Taobao was capable of offering Chinese consumers the most extensive catalog in the world with various products. This allowed Taobao to attract the most promising audience: online shoppers.

What are the main benefits of Taobao for Chinese consumers?

• A wide range of products: Hundreds of millions of goods are available, from well-known brands to obscure niche providers. If you need something unique, Taobao is likely to stock it or offer some related products.
• User participation's a great way to make the site more interactive and informative. Reviews are encouraged by consumers to share their experiences with products. This helps potential buyers. Brands will also find this type of interaction rewarding, increasing word-of-mouth (which is vital in China).
• Secure paymentsTaobao allows Chinese consumers to purchase their goods online through a secure platform safely. Merchants receive their money via Alipay's fast payment service after they have received the product.
• Experiences customizedTaobao offers customized products and recommendations for storefronts based on users' profiles and activities. If a user is looking for smartphones and his homepage will be loaded with many brands of smartphones.
• Quick delivery: Taobao offers various delivery options through Cainiao Network's logistics partner, including online tracking.

How do you open a Taobao store?

• Start a business in China.

You will need to apply for a business license, a rental agreement, and copies of your passport to sell products on Taobao. If you prefer, you can also open a bank account in Mainland China.

• Connect your Taobao to Alipay

Alipay, one of China's most well-known payment processors, can be used on Taobao. However, you will need to link your Alipay account with your Taobao to use it to make payments.

• Complete identification authentication

To prove your identity and business ownership, you will need to fill out paperwork.

• Connect the plugins to your store and create Ali Wang Wang Customer Service.

Make sure you take advantage of all the available online resources. Taobao offers tutorials, guides, and tips to help you get started with e-commerce.

further readings : 

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- cosmeticsChina

- taobao

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