Shopee trumped Lazada in Southeast Asia E-commerce market: A lesson of localization
Southeast Asia’s E-commerce potential With a young and large population of 650 million people, Southeast Asia (SEA) is known to be the world’s fastest-growing internet region in recent years. A joint study between Google and Temasek Holdings last year predicted that SEA’s digital economy will triple in size by 2025, reaching US$240 billion. As a […]
How Much can You Make Dropshipping? – Real Life Stories from Successful Dropshippers
How much can you make dropshipping? How soon does the first sale happen? How long will it take for the dropshipping store to have a stable income? Let’s try to figure it out. Money-related queries always top the list of the most frequently asked questions. There is nothing surprising about it: None of us wants […]
Analyzing Southeast Asians’ Participation on 2018 Singles’ Day (PART II)
“Alibaba’s long-term strategy was to sell to consumers outside of China on Singles’ Day, especially to the Southeast Asia, in addition to selling international brands to Chinese consumers, and they had fulfilled just that..“ ->> Analyzing Southeast Asians’ Participation on 2018 Singles’ Day (PART I) 2/Singapore Anticipation Starts Early with Traffic Doubling Up Right […]
Analyzing Southeast Asians’ Participation on 2018 Singles’ Day (PART I)
Alibaba’s tenth Singles’ Day event – Sunday, November 11 – again set a 24-hour sales record, despite concerns about a slowing Chinese economy and the effects of the ongoing trade war with the United States. The Chinese e-Commerce giant announced that sales reached $30.8 billion (213.5 billion yuan) for the mere 24-hour period, as measured […]
[Infographic] Singles’ Day (November 11st, 2018) shopping festival and the impressive records
Single Day – November 11st has become an annual shopping occasion, a promotional-hunting monumental on a global scale. In recent years, the heat of the event has spread to Vietnam market, and large e-Commerce platforms like Lazada, Shopee, Tiki, Sendo obviously have not stood still. After only 3 days of shopping in the wake of […]
A Potential US Withdrawal from the UPU Treaty is Looming and What It Means for China-based e-Commerce Businesses
On October 17, 2018, the Trump Administration announced plans to withdraw from the Universal Postal Union (UPU) treaty due to a dispute over the discounted postal rates charged on Chinese packages shipped to the United States. The move is part of the administration’s ongoing efforts to level the playing field between Chinese and US businesses. […]
Lessons from 3 small-scale e-Commerce success stories
[vc_row][vc_column][vc_column_text]Though the Amazons and Targets of this world hoover up most of the profits, there are plenty of smaller e-Commerce outfits regularly knocking it out of the park on a more modest scale. The growth of simple but powerful modern fulfillment solution providers means that it’s never been easier for business owners to set their […]
Yogomat Story: 5 Crowdfunding Tips for a successful Kickstarter Campaign
[vc_row][vc_column][vc_column_text]In February 2013, Ryon Lane introduced YogoMat project to raise funds on Kickstarter community. Ryon’s project is aiming to provide environmentally and friendly yoga mats that can be folded and stored in bags. However, the project failed after the 36-day campaign, only reaching $ 10,000 in investment while the original target was $ 36,000. Undaunted […]