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Posts Tagged ‘China’

China for Internet Marketers

Tuesday, January 20th, 2009

With a population of around 1.33 billion, its not difficult to see why astute marketers are turning their focus there. With such a huge target audience, there is room for businesses of all sizes to grab some of the action, and if they do it right, pull in huge financial rewards.

It is by no means necessary to be based in China in order to reach and profit from the Chinese market. With Internet and superior technology, buying and selling online are two activities that are literally at anyone’s fingertips. In recent years, China not only opened its doors to foreign merchants but also allowed its nationals, albeit reluctantly, to get on the information superhighway.

It is undeniable that e-commerce has flourished because the Internet has made trading across continents faster and cheaper.

In China, industry watchers are expecting an Internet boom to happen any time soon because of the observation that more Chinese prefer to spend their free time surfing the Internet rather than watching TV.

The China Internet Association said that there are 137 million “netizens” (net citizens) in China. Out of that big number, they say that 2 out of 3 Chinese Internet surfers may be expected to purchase something online. Thus, Internet businesses are looking at breaking into China for greener pastures.

As with any regular business plan, if you want to start an e-business with the Chinese, you should be able to study your market first. There are a few things that you or any electronic retailer may find useful to know such as the following:

Online consumer make up. Based on statistics, Internet users in mainland China are most likely to be:

* young people, or those under 40 years old;

* purchasing books, computer devices and accessories; and

* average or high income earners.

Online retailer’s problems. While selling to China online is easy, e-commerce still faces some problems, such as:

Lack of secure and trusted payment systems

With credit card fraud on the rise, Chinese buyers are not comfortable with giving their credit card information online, and prefer to pay for their purchases on a cash-on-delivery basis or through post office transfers.

The Chinese government is wary of the Internet and of its possible influence on the Chinese culture. While Chinese nationals are allowed to go online, much of the content that they are able to access have been subjected to censorship. The first to go were anti-government blogs. What constitutes objectionable material to the Chinese authorities is not clear but websites with pornography and smut were definitely taken down.

Foreign websites and cybercafés have been placed under the watchful eye of the authorities for possible violations of the strict censorship rules. This has led to the closure of some 1,600 cybercafés nationwide, which have been believed to be instruments of undesirable Western influence.

Very recently even the mighty Google capitulated to the Chinese government’s insistence on censoring search results. Rather than risking the government’s disapproval, Google has also reportedly blocked some of its usual applications from Chinese access.

Trade In China

Thursday, November 13th, 2008

These days China is a global source for the commodities and is focusing on the international trade day by day. There is tough competition in the market but still China is standing its ground and striving its best. It has proved itself in several kinds of businesses and electronic goods manufacturing industry is on its peak. China is a leading supplier of the electronic toys all over the globe. In-spite of China staying into the international trade for quite a long time, it has stood the examination of time and has survived in-spite of neck-to-neck competition in the market. More and more companies have been practicing global sourcing for quite some time now, however, there has been seen an immense intensification in the number of organizations. These institutional bodies and organizations are concentrating on better global supply base, which provides better foundation to the booming industry sector. Several countries are focusing for China to be their global outsource plant as the manpower and other goods are cheap and easily available. It is the nation getting utmost consideration and attention these days and is principally supplying immense goods in the international trade.

The increase in the number of exports in China has increased in the international trade and it can compensate the losses, which the country had been bearing all these years due to immense imports it had in the past years. It has been a chief exporter to several countries in Asia and in the international trade too. It is gathering benefits from all of its partner nations too and trying to take its economy to greater heights. Its global boundaries are increasing every day and there is a shift in its global scenario too. Its trade has improved and is greatly diversified and versatile. It is getting more professional and is adapting to a portfolio approach with the use of multiple global sourcing mechanism. There are generally few different kinds of framework like classification, structured model, which are these days been adapted by the industries to improve their production and are varied source of outsourcing mechanism for international trade. Because of all these China is a perfect source of International trade. In the field of IT industry due to cost reduction for the development and communication there are several countries sourcing themselves from different markets which helps them to reduce the production costs of the products and pay lesser wages too. This is again beneficial for China and will be a win-win situation for both of the nations.