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7 Trends of China E-Commerce in 2010

Third party based in Hangzhou, China Electronic Commerce Research Center non-profit organization recently released “2010 (A) monitoring report in the Chinese e-commerce market data,” said the first half of 2010 Chinese e-commerce industry advanced by leaps and bounds, and shown a ten trends.

(1) Industry gradually sought after by the venture. According to statistics, in the first half of this year, domestic e-commerce companies have completed 23 financing transactions, the total financing amount of the 331 million dollars. And inecommerce the record in 2008, there are a total of 36 transactions with a total financing amount of 337 million yuan. In June, a total of nine companies received venture and the total size reached more than 100 million dollars.

(2) Companies set off a self-built logistics wind. Logistics system has become the bottleneck which has limited the development of electronic commerce. Many companies are considering self-built e-commerce logistics system. Jingdong Mall and VBNDL have announced to set up self logistics companies to ensure the quality of delivery.

(3) Mobile e-commerce becomes the new hot market. After the fight in online advertising, SP, online games, vertical search, WEB2.0, B2C e-commerce and with the advent of 3G era, Alibaba, Lenovo, Baidu and other leading enterprises have already have snatched market share of mobile payment , industry portals, mobile IM, mobile search and other mobile e-commerce market.

(4) Personalized service becomes the future trend of e-commerce. Network service systems provide customers with real-time interactive tools around the clock to meet the needs of modern customers personalized features. Small e-commerce businesses will increasingly focus on the customer’s personal information.

(5) Business e-commerce application tends to be a whole flow. Posting opportunity to find customers, negotiate orders, online payment, issuing electronic invoices, EDI and electronic tax payment and other business processes can be completed through e-commerce platform. E-commerce can apply to the procurement, development, production, investment, marketing, retail, planning, administration, finance, human resources, design and other regular departments of a company, and can cover a trade or industrial chain.

(6) E-commerce legislation gradually improved. SAIC promulgated the “Network behavior of commodity trading and related services Interim Measures,” and the central bank issued a “non-financial institution payment service management approach”. These regulations can effectively ensure the healthy development of e-business.

(7) Online business platform is integrated with entities platform. E-commerce companies, such as Dangdang and Jingdong Mall, began to expand to entities platform. This makes e-commerce platform change from being unitary to multiple. While the manufacturers and providers of traditional industry, such as Skyworth, Hisense, Gome, Suning, begin to build their online market.

Posted in China Business Development, China sourcing, Online Marketing. Tagged with , , , .

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