2014 saw some fantastic changes for both Export Now and China e-commerce in general. China e-commerce in 2014 we saw the number of online shoppers grow by 19%, and B2C sales increase by 60%. Predictions for 2015 have the number of online shoppers increasing by over 16%, and B2C sales increasing by over 30%, making China e-commerce sales 20% larger than the U.S. market is forecast to generate.
China now has over 600 million internet users, and the government is working vigorously on their goal of reaching 1.2 billion by 2020. That’s the equivalent of adding “an entire population of Mexico” to the Internet every year for the next 5 years.
By 2015, it is estimated that up to 44% of China’s urban population will shop online – nearly double the rate found in 2010.
For Export Now, 2014 saw the addition of many fantastic clients, including Guitar Center, Speck, and Crucial, amongst others. Considering the growth the China market is expected to have this year, we are exceptionally excited about the new companies companies that will leverage China’s e-commerce market to grow their international sales.
In an interview on CNBC’s “Capital Connection”, Export Now CEO Frank Lavin discusses how Alibaba opened the door to China’s booming e-commerce market.
Posted on September 24th, 2014 under Press Releases.
China Daily highlights Alibaba’s success and global expansion plans, including their recent IPO. Alibaba’s Tmall is featured as the channel of choice for Western businesses that want to reach Chinese consumers.
Click here for China Daily’s full article.
September 18 (Financial Times)– When the US National Football League hit a snag sending equipment to amateur American football teams in China two years ago, it approached a Chinese-speaking former top US commerce department official for help.
For the full article, click here.
Note: Requires subscription to Financial Times
Bloomberg Businessweek recently published an article highlighting Tmall’s popularity in China e-commerce, and explaining why Western businesses are so well poised to succeed in this market.
AKRON, Ohio, July 22, 2014 /PRNewswire/ — Export Now, which helps U.S. companies reach Chinese consumers, announced today the opening of a new Crucial(R) online store in China. Export Now facilitates sales of U.S. consumer products on Tmall.com (www.tmall.com), China’s leading e-commerce business-to-consumer platform with over 500 million registered customers.
The new Crucial store is directly accessible on Tmall at http://crucial.tmall.com/, or via www.crucial.cn, and offers a wide range of computer memory upgrades (DRAM) and solid state drives (SSDs). Chinese consumers can use the Crucial Memory Selector tool to match their system’s make and model to a list of compatible upgrades.
“Crucial launched its first online store in the U.S. over 17 years ago, so we’re no stranger to the world of e-commerce. However, this is our first direct online presence in China,” said Roddy McLean, Crucial’s Worldwide E-Commerce Marketing Manager. “With help and guidance from Export Now to launch the store, we now have access to the largest consumer market in the world. We’re excited about this opportunity to see our brand develop and grow in China over the coming years.”
Export Now founder and Chief Executive Officer Frank Lavin said his company’s e-commerce business model accelerated Crucial’s ability to reach Chinese consumers.
“It is gratifying to help bring Crucial products to Chinese consumers,” Lavin said. “Competing in China may be the biggest challenge today for U.S. businesses, and Crucial is taking a bold step to reach the Chinese market. Adding it to the list of companies Export Now is working with expands the range of consumer products we help sell in China.”
About Export Now
Export Now helps U.S. consumer product companies sell online in China by removing the barriers to exporting and marketing — regulations, logistics, financial settlement — and operating a Chinese language e-commerce store to sell the products directly to Chinese consumers. Export Now distributes products through stores on Chinese e-commerce sites Tmall.com and Taobao.com. The company currently supports 110 brands from the United States and around the world. For more information or to sign up, visit www.exportnow.com.
Crucial is a global brand of Micron Technology, Inc. Crucial products include award-winning solid state drives (SSDs) and DRAM for more than 50,000 desktops, laptops, servers, workstations, and other systems. Crucial products are available worldwide at leading retail and e-tail stores, commercial resellers, and system integrators who can be found at www.crucialproducts.com. For more information or support, visit www.crucial.com.
Micron Technology, Inc. is one of the world’s leading providers of advanced semiconductor solutions. Through its worldwide operations, Micron manufactures and markets a full range of DRAM, NAND and NOR flash memory, as well as other innovative memory technologies, packaging solutions and semiconductor systems for use in leading-edge computing, consumer, networking, embedded and mobile products. Micron’s common stock is traded on the NASDAQ under the MU symbol. To learn more about Micron Technology, Inc., visit www.micron.com.
Chinese e-Commerce: How to Win in the World’s Largest Consumer Market
Perhaps the most exciting development in e-commerce today is the rapid emergence of China and the growing success of U.S. companies in China e-commerce. China boasts:
• The largest e-commerce market in the world (Yes, bigger than the U.S.), with annual sales of over USD 213 billion.
• USD 539 billion in expected annual e-commerce sales by 2015
• Over 500 Million registered users on its largest e-commerce platform (that’s more than double Amazon’s users!)
• Massive growth potential– e-commerce in China only has a penetration rate of 45.8%, and continues to grow at nearly 10% per year.
It should be no surprise that leading U.S. consumer brands like Nike, Disney, and Apple are enjoying record results in this important market. Now, you no longer have to be a Fortune 500 company to use e-commerce to enter China quickly and simply.
So how do these companies do it? In this webinar, former Undersecretary of Commerce for International Trade and Export Now CEO, Frank Lavin and Export Now COO, Ozan Gursel discussed practical steps mid-tier companies can take to sell online in China.
On this webinar you will learn:
• How to evaluate if your product might be successful in China
• What China strategy is right for you
• How to overcome barriers to entry, such as customs clearance and trademark requirements
• How best to tackle e-commerce store setup and order fulfillment
• How a turn-key outsourcing solution means your company can have a full-fledged e-commerce store in China without any personnel in the country
Discussing China’s rise to power and its impacts on global security, the global economy, and its own political system, Export Now CEO and former Ambassador Frank Lavin shares his thoughts on China’s evolving attitudes towards international relations. Also covered are his thoughts on Sec. John Kerry and Sec. Jack Lew’s recent official China visit, as well as as the implications of Chinese President Xi Jinping’s recent official visit to South Korea ahead of his trip to North Korea.
July 9 (Bloomberg) –- Export Now CEO Frank Lavin discusses the significance of the annual U.S.-China talks taking place in Beijing and what he thinks will be accomplished with Angie Lau on Bloomberg Television’s “First Up.” (Source: Bloomberg)
Posted on July 9th, 2014 under Press Releases.
Chuck Todd, host of MSNBC’s The Daily Rundown, invites Export Now CEO Frank Lavin to discuss the visit to China by Sec. of State John Kerry, Treasury Sec. Jack Lew and other U.S. leaders, but Syria, cybersecurity and territory disputes may threaten consensus building.
Posted on July 9th, 2014 under Press Releases.