Register for a Taobao "Wong Wong" Account. WHAT IS TAOBAO? Business. "Merchants can bid for ad placement, keywords or become a Gold Merchant to get additional analytics, spotlight and other benefits," Anais explains. This is the monetization practice Alibaba's Taobao and Tmall are also using successfully. In 2020, a total of 4,755 Taobao villages had rural merchants conducting Taobao live broadcasts, accounting for 87.6% of the total number of Taobao villages, and livestreaming sales on the platform totaled nearly 12 billion yuan, according to an Alibaba representative. Taobao Marketplace is a business of Alibaba Group. Taobao is the biggest online shopping marketplace in China, founded in May 10, 2003 by the Alibaba Group. Mr. Wong, a 39-year-old entrepreneur who lives in Hong Kong, is a regular shopper on Taobao, China's . Last updated 5/15/14. Named Dian Xiaomi (store assistant), the . To achieve it: 3. You don't still actually physically go to shops and physically browse the physical merchandise, and then physically pay for it with physical money and then physically carry it away, do you? On April 4, 1999, Jack Ma had a vision that took off and has provided employment for thousands of people since then. A "non-Steam" version of Portia for sale on Taobao for 0.99 yuan. For example, Wang cited a case in which a buyer complained that he wanted to order just one of a particular item when a merchant required a minimum order of 10. Adjusted EBITA was -$783 million, an adjusted EBITA loss that widened by 15.3% compared to the year . Taobao Global can also help you by organizing live broadcasts to these retailers and buyers, offline events, and an online cross-border website to help you quickly find contacts to tap into the Chinese market. Taobao has become the world's most popular shopping platform. It is a platform for Chinese consumers to buy domestic goods. To improve its competitive advantage, Taobao tried to solve the most critical point in ecommerce in China at that point — the trust within seller . Taobao Town. Product details, ratings, and merchant stats can all be seen side by side. Luckily, Taobao makes this process really simple, allowing you to return your item for any number of reasons from "it never shipped" to "I don't like the color". Taobao is one of the biggest consumer-to-consumer platforms on the internet. Amount that post-90s shoppers in China spend on Taobao monthly: Taobao has everything from fashion pieces to household appliances and even quirky items like hanfu costumes for cats made by budding designers. 01. The tool has become an integral part of many merchants' daily operations and marketing strategies, with more than 60% of Taobao Live sessions currently being broadcasted from the official stores . We interviewed three Taobao merchants at Taobao Maker Festival to get a better idea of what inspired them to start their own shops on Taobao. was that no matter how hard i tried one thing was just saoclear and that was the fact the this white skinned chinese merchants wont stop at nothing to strip me of some kudi if i was not actually carefull. Escrow provider Alipay also charges for its services on Taobao. Taobao Marketplace facilitates consumer-to-consumer (C2C) retail by providing a platform for small . Taobao Marketplace is a business of Alibaba Group. 15. This 2020 Alibaba statistic reveals that many people trust Alibaba.com when it comes to online shopping. Integrity through annual fee 6688 yuan, requirements, as long as you have a business license can be. The largest Chinese e-commerce company Alibaba had another strong quarter in 2021. While this process was arduous, Pathea Games finally won its appeals after one month of back-and-forth with Taobao. How To Import From Taobao.com And 1688.com Without Translation Problems - Business - Nairaland . Tmall Global is a significant step for Alibaba in cross-border e-commerce. In addition, Taobao's policies are also very friendly to buyers. The annual active consumers on its online shopping properties in China reached 882 million by the end of 2021 . Taobao also encourages offline merchants to register their store staff as Taobao anchors/streamers for free, so that everyone can resume work online, China Internet Information Center reported today. In February, Taobao Live removed registration fees for small merchants. The system is free to use for withdrawals under RMB 20,000 - or approximately 3,000 USD. Source: Forbes. Above this threshold, users are charged a 0.1% fee. 3, 2017. "If you think of the rise of Taobao, they're at 50 purchases per user per . 16. How to Make a Return Step 1. The local consumer services segment posted revenue of $1.9 billion in Q3 FY 2022, up 27.3% YOY. This 2020 Alibaba statistic reveals that many people trust Alibaba.com when it comes to online shopping. Published on April. Another reason can be found in tax evasion. Luckily, Taobao makes this process really simple, allowing you to return your item for any number of reasons from "it never shipped" to "I don't like the color". Taobao is like Amazon, only bigger. When you contact the seller from an item's page, a link to the item is automatically created. Many merchants only use Taobao as an advertising platform, and will actually direct users to much less conspicuous and non-mainstream platforms where the actual transactions take place. The longer the honesty, the better. 03. . AlipayHK covers a wide variety of popular online merchants and platforms, enabling users just sit back, shop and enjoy at home. Recently, more than 1,000 shop assistants of Intime Department Store streamed around 1,000 shows in three days, bringing in nearly CNY10 million . Amount that post-90s shoppers in China spend on Taobao monthly: In 2007, ShanLiFuWa , a seller of walnuts from Bainiu village opened its shop in . It is headquartered in Hangzhou and is owned by Alibaba.According to Alexa rank, it is the eighth most-visited website globally in 2021. Since Alibaba owns both Taobao and Tmall, it's shown that the combination of Alibaba, JD, and Pinduoduo made up 42% of global commerce in October 2020, but no single marketplace . Negotiating with a Taobao Merchant Intermediate PREMIUM. Initially, Taobao, one of the largest online retail websites in China, will continue to pursue the Taobao logistics initiative, which consists of the Taobao supply chain management platform, to help merchants handle inventory, a logistics partnership network, and an industry code of standards guiding logistics service providers. By 2006, eBay was no longer able to compete, and exited China to partner with the Hong Kong . Last updated 11/21/14. In this article we will look at 1) what is Taobao?, 2) selling successfully on Taobao, 3) advantages of selling on Taobao, 4) precautions, and 5) Taobao Success Stories. It's very convenient. Named Dian Xiaomi (store assistant), the . This step needs to be completed in order for your to begin registering in Tmall as a TP. Taobao, in April 2008, introduced a new B2C platform called Taobao Mall to complement its C2C marketplace. These are clusters of firms that work together as on-line merchants based on the Taobao e-commerce platform. Merchants on Taobao Marketplace are primarily individuals and small businesses. According to many media sources, Alibaba is planning to set up a Taobao Deals lite app on Tencent Holdings Ltd.'s WeChat messaging platform, as well as accepting payments made through WeChat Pay. Taobao is the biggest consumer-to-consumer (C2C) e-commerce platform based in China. Hatty Liu. Taobao Global can also help you by organizing live broadcasts to these retailers and buyers, offline events, and an online cross-border website to help you quickly find contacts to tap into the Chinese market. This problem must have troubled many consumers. Taobao requires that you have a Chinese bank account as well and connect it with your Taobao store. This means that users of Taobao Deals will be able to pay via WeChat Pay and receive payment among friends. Taobao Live currently hosts more than 10,000 people, including content creators, wanghong who has their own shops, and wanghong who works for professional agencies. How to Make a Return Step 1. To help merchants on its marketplaces efficiently handle growing volumes of consumer enquiries, Alibaba has launched a smart customer service chatbot powered by artificial intelligence (AI) that retailers can customize to suit their individual virtual-storefront operations. Because over here we all just use Taobao. Published on April. Taobao Marketplace 12.12 Sale Gives Micro-merchants a Day Online merchants this week are preparing for Taobao Marketplace's annual 12.12 online sale, the less-heralded aftershock to Taobao and Tmall's 11.11 Shopping Festival that set global e-commerce sales records last month. Merchants on Taobao Marketplace are primarily individuals and small businesses. Screenshot of a Taobao live and Taobao live feed page Number of merchants on Taobao: 7 million. Step 1. Alibaba In Numbers - Statistics And Trends. Check out our infographic, "Alibaba . Number of active users for Alibaba's Taobao mobile shopping app: 320 million. Its market share surged from 8% to 59% between 2003 and 2005, while eBay China plunged from 79% to 36%. Taobao.com was registered on April 21, 2003 by Alibaba Cloud Computing (Beijing) Co., Ltd. . (Alibaba Group) During the same period, mobile monthly active users of Taobao Deals also surpassed 100 million. If we further assume that Tmall/Taobao account for 20%/80% of Alibaba's China Retail revenues, and that half of the revenue from merchants currently in forced exclusivity agreements will shift to . Nearly all merchants and businesses that sell to Chinese consumers have an online store on Taobao. Register for a Taobao "Wong Wong" Account. If this option is available, it means that the seller has not received the fund. The key difference between Tmall and Taobao is Tmall is a B2C platform but Taobao is C2C. 02. Taobao Deals surpassed 100 million within the twelve months ended 2020, statistics about Alibaba reveal. If you're interested in e-commerce or want to understand merchants in China particularly, this is a must-read. Just like the meaning of its name, which means "searching for treasures", Taobao is where you can find great quality items at extremely low prices. The whitewash at the village entrance is dazzling in the afternoon light. Photo: Fan Lulu. The idea got a whole new identity when Tmall.com was launched in November 2010 and became an independent business in June 2011 . For merchants who take online sales seriously, these add-on features became indispensable. Portia was removed from the platform in August 2018. Negotiating with a Taobao Merchant. Alibaba, the famous buy-and-sell marketplace was founded by 18 people, led by a former English teacher from Hangzhou, China. Merchants are charged a 0.55% fee for every successful sale. Today I will share with you a few ways to find quality sellers. The platform is user-friendly, providing extremely efficient logistic service, and I'm sure you can almost find every kind . There are two main platforms within the one Taobao mobile and web app: Taobao and Tmall with a total GMV split 50/50: As a domestic platform, Taobao displays in Chinese only, therefore many brand owners struggle to understand the nuances of the Taobao merchant rating system. The implementation of consumer-conscious features helped Taobao become a dominant market leader on the Chinese internet within two years of opening. In 2018, there were 3,202 "Taobao villages" in 24 provinces, municipalities, and autonomous regions of China. Taobao Deals surpassed 100 million within the twelve months ended 2020, statistics about Alibaba reveal. April 8, 2017. Ten years of e-commerce in China's countryside. You may immediately request for a refund. For Taobao items, you can also compare the checked items as part of a recently added feature. Tmall (named as Taobao Mall before) is a Chinese-language website for business-to-consumer (B2C) online retail, spun off from Taobao, operated in China by Alibaba Group. Answer (1 of 5): Navigate to the item you want to enquire about, and tap on the Contact Seller button as shown in the picture below. The status of the order is "payment has been made" and "items have been shipped.". Read More. Type #1 Refund from "Return/Refund (退款/退货)". To help merchants on its marketplaces efficiently handle growing volumes of consumer enquiries, Alibaba has launched a smart customer service chatbot powered by artificial intelligence (AI) that retailers can customize to suit their individual virtual-storefront operations. Taobao is not the platform for cross-border e-commerce; however, The largest C2C e-commerce site in China offers low costs to start-up merchants who want access into the lucrative mainland consumer market but overall, this marketplace is a great starting place for any merchant - big or small - attempting to sell to Chinese consumers at a . The number of merchant users on Taobao is believed to have reached 10 million by early 2021, with a significant increase during the pandemic when physical stores were hit hard, and online shopping has been gaining ground. 3, 2017. Answer (1 of 5): Navigate to the item you want to enquire about, and tap on the Contact Seller button as shown in the picture below. February 19, 2015. You can set up a distribution cooperation with them to promote your brand. When you contact the seller from an item's page, a link to the item is automatically created. Through the end of last year, feedback from assessors has led to improvements in more than 140 Taobao policies governing how Taobao merchants run their online stores. Brushed onto the buildings and gateway that flank the dusty road, the paint lends an air of a corporate campus done up in startling Jiangnan pristineness, reinforced by chrome-plated . With over 811 million active annual customers, Taobao is effectively the internet platform for e-commerce in China. The Company Taobao is a Chinese e-commerce website that was founded by the Alibaba Group in 2003. Taobao Marketplace is a business of Alibaba Group. Taobao act as a platform, to help more hosts to achieve better growth and make more money. Taobao is the most popular shopping website in China, where consumers can buy a variety of goods at preferential prices.. GMV generated by Taobao Live exceeded RMB350 billion for the 12 months ended September 30, 2020 . Launched back in 1999, the website aims to connect the wholesale buyers and sellers in China that trade in a variety of things including beverages and food, packaging materials, shoes, electronics, furnishing materials, apparel, home decoration, and general merchandise. We specialize in agent purchase services in 1688 and Taobao,we offer warehousing, consolidation, repackaging and international shipping from China via sea, air or rail. According to Analysys, Taobao Marketplace was China's largest mobile commerce destination, with a large and growing social community, in terms of GMV for the 12 months ended March 31, 2019. Merchants on Taobao Marketplace are primarily individuals and small businesses. Nonetheless, one of the main differences between Taobao and Tmall is the products' quality. Taobao Deals is a C2M bargain platform . (The threshold is the lowest, and you can't filter out high-quality merchants. Find the item that you want to return, click: Refund . 1. Join Taobao Account with Alipay Account. Taobao (Chinese: 淘寶) is a Chinese online shopping platform. As we can see from the above graphic, Pinduoduo generated 1.67 trillion yuan in GMV in 2020, according to their latest earnings report. With AlipayHK, you can collect e-stamp(s), enjoy spending offers and earn credit card points when you make purchases online! 16. Go to My Taobao 我的淘宝 in the menu at the top of the Taobao homepage. The shop is a partnership between Taobao and Virmall, a local business partner that helps to curate and bring in products from merchants on Taobao for Singapore consumers. A Taobao garment factory hires workers in an urban village. The site really does a great job of protecting its customers. 1688.com is a business of the Alibaba group, and many merchants on Alibaba . Number of merchants on Taobao: 7 million. Last updated 11/28/13. Buyers can ask the merchants direct questions through Alibaba Group's instant messenger software. Moreover, Pinduoduo's success over the years was quite phenomenal given the fact that it had to compete with other big players such as Tmall, JD.com, or Taobao. Mission The client sends us the details of the goods to be purchased, then I look for merchants in 1688 and calculate the price the client pays me, and purchase goods to be . In comparison to 2016, when it was first established, numerous CEOs can now . Alibaba has tried to stamp this out by introducing Tmall, a B2C platform offering products from trusted merchants, but Taobao has remained the choice of many consumers for its affordable products and vast offerings. To gather as many merchants on the platform as possible so that they can compete with each other for the attention of buyers. Taobao Live is a live streaming service that is integrated into the Taobao App and is categorised into various areas of interest. You can get clothes, accessories, gadgets and even computer hardware at very low (dirt cheap) prices. For example: delivery within 48 hours after payment, return without reason within seven days, freight insurance, fast refund, etc.It can be said that consumers have almost no risk when buying from Taobao. Ever since its inception in 2003, Taobao has helped many small sellers to grow their businesses through e-Commerce. Number of active users for Alibaba's Taobao mobile shopping app: 320 million. Last updated 11/21/14. You can set up a distribution cooperation with them to promote your brand. Last updated 5/15/14. In 2020, a total of 4,755 Taobao villages had rural merchants conducting Taobao live broadcasts, accounting for 87.6% of the total number of Taobao villages, and livestreaming sales on the platform totaled nearly 12 billion yuan, according to an Alibaba representative. This approach having failed, Deng next went through Taobao's official copyright claim system. Go to My Taobao 我的淘宝 in the menu at the top of the Taobao homepage. Join Taobao Account with Alipay Account. Tmall. Last updated 11/28/13. GMV generated by Taobao Live exceeded RMB350 billion for the 12 months ended September 30, 2020 . Born in 2004, Alipay was first founded as the payment department of Taobao, the B2C program of Alibaba Group.It was right after eBay obtained Eachnet.com in China, and Taobao saw this purchase as a significant threat for its marketplace industry. Taobao Live currently has more than 10,000 wanghong. However, Taobao provides by far the most comprehensive set of tools for evaluating a merchant's trustworthiness and transaction record of any major ecommerce platform. Taobao Global has more than 60,000 retailers and buyers. 15. Alibaba group officially launched it on . Taobao Live, its live streaming portal, has become an essential marketing and distribution tool for merchants, brands, KOLs (key opinion leaders), and its own businesses, such as Juhuasuan, enabling them to engage directly with users and customers. Number of Hanfu clothing merchants on Taobao in China 2015-2019 GMV of live streaming shopping on Taobao in China 2017-2021 Monthly sales volume of adult toys on Taobao and Tmall in China 2018-2019 Some of the most popular options are the Bank of China (BOC), ICBC, and China Merchants Bank (CMB). The result is that the number of subscribers to the platform has increased by 719% compared to the previous month. Taobao's share of China's mobile shopping market: 78%. However, because the website is 100% in Chinese, this may be a barrier to those who want to shop but can't make heads or tails navigating through the shopping process. To get a glimpse of how Alibaba Group Holding Ltd.'s e-commerce sites work, meet Steven Wong. In the same way as for Taobao, Tmall uses Alipay's payment system. (Alibaba Group) During the same period, mobile monthly active users of Taobao Deals also surpassed 100 million. Taobao's objective is to attract as many merchants as possible to make the online market more competitive. The Taobao business acts as a mediator since it connects buyers and sellers and facilitates transactions between the two parties. The number of merchant participants increased by 50% this year from 2016, a majority of these merchants are first-time participants and almost all are Taobao-native merchants. As a matter of fact, Tmall's commitment to providing high-quality products is much more important than Taobao, as merchants have to be approved in order to set up a store on the . In 2019, 80% of online shopping in China happened on Taobao.In 2021, it was the eighth-most visited site in the world. To sell products on Taobao, merchants do not pay. Finally, don't forget that selling on Taobao will require that you import the products into China. Find the item. According to Analysys, Taobao Marketplace was China's leading mobile commerce destination with a large and growing social community, in terms of GMV for the 12 months ended March 31, 2020. The site really does a great job of protecting its customers. As of March 2103, Taobao Marketplace was one of the top ten most visited websites in the world with around 760 million product listings. Taobao's share of China's mobile shopping market: 78%. In November 2010, Taobao Mall launched an independent web domain, tmall.com, to differentiate listings by its merchants, who are either brand owners or authorized distributors, from Taobao's C2C merchants. Selling ads instead of taking commission-For example, Taobao competitor Ebay takes commissions from its sellers but Taobao doesn't c harges any transaction fees to either sellers or buyers. It is incredible! 2. Taobao (simplified Chinese: 淘宝网; traditional Chinese: 淘寶網), the biggest Chinese online shopping platform owned by Alibaba, is giving consumers over 1 billion product listings and has the transaction volume reached trillions of yuan yearly. Taobao Live, its live streaming portal, has become an essential marketing and distribution tool for merchants, brands, KOLs (key opinion leaders), and its own businesses, such as Juhuasuan, enabling them to engage directly with users and customers. That was founded by the Alibaba Group, and you can & # x27 ; s official copyright claim.... 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