Digital wallets In a culture so heavily involved in mobile, the high interest in digital electronic payment does not seem to be a surprise. Such a solution is offered, for example, by Tencent WeChat Pay and the Alibaba group Alipay. Digital wallets are a complete payment method that allows you to make payments using your smartphone in a very simple way. You can pay on the website, in the application, as well as in a stationary store. Users store funds in their mobile digital wallets. Based on these funds, a QR code is generated that can be used to pay by scanning it in stores.
This trend has integrated online systems with everyday offline shopping. Cross border trading Online cross border commerce is a relatively new type of sales channel that has whatsapp mobile number list been introduced to make it easier for foreign brands to enter the Chinese market. In the cross border model, goods are sold online on platforms intended for foreign companies e.g. the already mentioned JD Worldwide. Listing your products on such a platform is the fastest way to test the prognosis of a given product on the Chinese market. Another big advantage is the fact that you can sell products directly to end consumers.
Sellers and consumers making transactions in this model can count on special conditions when it comes to customs and sanitary issues and the necessary certificates. Shopping via social media social e commerce The largest e commerce platforms in the country are strongly integrated with the most popular social networks, offering innovative services such as mini programs and live trading. Social e commerce is a response to an overly saturated market, increased competition and rising costs of acquiring consumers. Undoubtedly, the emergence of a new class of consumers the affluent, demanding.