When Chinese brands go overseas across the border, they mainly run on both ends. Those who care about brands who go to developed countries in Europe and the United. States have gained popularity in markets with highly mature consumption. When Jinni returns home, it is a high-end posture. As long as it is done, it will be brilliant. There are also a number of brands running to Africa and Southeast Asia. Relying on the advantages of the supply chain, quality and branding have been a blow to dimensionality reduction in the past. Doing a good job in localized operations, abiding by laws and regulations, and making money are also a safe way.
Logistics and warehousing should be within 24 hours
Of course there is no consumer who does not like low prices, especially after the epidemic, a group of Chinese brands that have made a fortune in Europe and the United States by relying on price advantages have also come under the spotlight. Tumu recognized this truth, took Turkey Phone Number List root in the local area for a long time, and stormed the US market as soon as it started. South Korea, on the other hand, has not attracted much attention despite its close geographical distance. According to actual statistics, South Korea may be one of the most mature e-commerce markets in the world.
Beauty and personal care is not the hottest category
The International Monetary Fund predicts that by 2026, South Korea’s e-commerce market may lead the Japanese market by about 12%. According to statistics from Statista, South Korea’s annual e-commerce retail revenue in 2022 will be US$118 billion, ranking sixth in the world, second BY Lists only to China, the United States, Japan, Germany and the United Kingdom. And if ranked according to the proportion of online retail sales to total retail sales, South Korea is about 32%, second only to China’s 46% and the United Kingdom’s 36%. If the e-commerce market is highly developed, as a cross-border seller from China.