How much was sold online across all platforms on Singles Days?

Post Date: Nov 14 2016

Once again we have had another record breaking event for e-commerce in China as we wrapped up a successful Single Day 2016 last Friday. As many would already by now, Alibaba sold a massive RMB ¥120.7 billion through their e-commerce platforms, measured in GMV (Gross Market Value) in just 24 hours. But we mustn't forget that Alibaba alone does not represent the entirety of e-commerce in China, it is just one player (albeit a very big player) in the vast Chinese digital ecosystem.

While many of Alibaba's competitors have not made official announcements on their sales volumes, we thankfully have Chinese big data research and development companies like Syntun in Beijing to help us keep track. So what is the grand total consumers spent online over Singles Day?

RMB ¥177.04 billion (USD $26.11 billion) on 1.07 billion packages.

So the top grossing platforms are:

Alibaba: ¥120.74 billion

JD.com: ¥40.18 billion

Suning: ¥3.89 billion

Guomei: ¥3.36 billion

1号店: ¥2.3 billion

Amazon.cn: ¥1.77 billion

Others: ¥4.78 billion

The breakdown of the top grossing categories include large home appliances 20.1% (such as TVs, white goods, and kitchen appliances), mobile phones 12.1% (top 3 being Apple, Huawei and Xiaomi), Cosmetics 12% (14.9% through cross-border), and maternity & dairy products 6.4% (of which 93.1% was infant formula! Domestic consumption of imported infant formula was over 70% as of June 2016)

Other interesting facts include:

82% of all transactions happened on mobile

5.6% of all transactions were cross-border sales

6.4% of all transactions were on dairy products (RMB ¥7.65 billion), of which infant formula accounted for 93.1%!

While there is no indication of what proportion of infant formula was imported, we do know that imported product account for more than 70% market share in the high end market (as of July, according to the China Chamber of Commerce of Foodstuff and Native Produce)

So Alibaba is still the king of Singles day with JD.com being the only one able to put up a decent fight. Perhaps JD's efforts to avoid the price wars and differentiate themselves by prioritising quality and services is starting to resonate more with consumers (its slogan "take your shopping seriously, buy only quality"). We are also seeing growth in the level of cross-border sales in many consumer products except for electronics, where local brands reign supreme due to their value for money offerings.

Source: "星图数据1112:双十一网购大数据报告"

China Sales Co delivers plugins for Dinpay Magento and Woocommerce

Post Date: Nov 1 2016

China Sales Co. develops and releases 2 major e-commerce plugins for Dinpay payment gateway

Dinpay is the next-generation of payment systems, enabling merchants to collect payments from Alipay, WePay, China Union Pay and top Chinese banks.

"China Sales Co has just successfully delivered secure plugins for Woocommerce (for Word Press) and for the Magento platforms" said Sales Director William Fong today. " Dinpay already offers multiple Chinese platform plugins but for outside of China we needed the plugins developed as soon as we could. We are pleased to assist the amazing Dinpay system connect with two of the most popular global e-commerce platforms and our congratulations to the technical team for delivering the plugins from scratch in just under 3 months." Plugins can be downloaded from China Sales Co store.

" We are pleased that China Sales Co has delivered these plugins" said Jubilee Deng, head of International Development at DDBill Technologies. "Our Word Press and Magento customers are now able to switch on Dinpay thanks to China Sales Co."

China Sales Co Ltd announces new Global GM and new Sales Director

Posted: Shanghai July 30,.2016: China Sales Co. Ltd HK announces the departure of Robert Burns and introducing our new Global GM, Mr. Donal Manning, and a new Sales Director Mr. William Fong.

"We thank Robert Burns for his hard work and contributions to the business over the last 2 years, and we wish Robert every success in his new role. We will continue forward to growing China Sales Co. Ltd as the trusted ecommerce provider in China" stated the new GM Donal Manning today in San Francisco, USA.

"Robert will remain as an advisor the board, and I look forward to building on the great work he has delivered for the company. We also welcome onboard Mr. William Fong as our new Sales Director based in our Shanghai office. William brings the company significant expertise and experience as an ex-Austrade (Australian Government Trade office) and we look forward to his contributions towards growth of the business."

China Sales Co Ltd is China digital marketing and e-commerce company with regional offices in China, USA, EU and Australia. Operations are based in Shanghai. China Sales Co are experts in China SEO, China SEM and China Social Media. For further information can contact This email address is being protected from spambots. You need JavaScript enabled to view it. or contact your local regional office.

How does Alipay compare with PayPal?

March 01. 2016: IS ALIPAY LIKE PAYPAL?

The answer is both "Yes and "No."

Both Alipay and Paypal require buyer and seller (user) accounts and both require the internet to conduct transactions. Both allow peer to peer transactions and both charge fees for transactions.

A key difference is Paypal also charges for foreign (cross border) FX exchange fees whereas Alipay only charges a transaction fee. Another key difference is Paypal assists the wire of funds between users'-bank accounts, but Alipay qualifies and then moves funds between buyer-and-merchant-Alipay accounts.

Alipay also has many other functions including loans and touch pay at kiosks and shops in China and Hong Kong.

Their adoption and user rate in China is also markedly different. Because it is a foreign system PayPal is "not well known" and has very small user rate in China. In fact less than 2% of all China online transactions are done using foreign-credit cards or payment systems, in 2014. That figure includes Amex, Mastercard, Visa and Paypal combined. Whereas it is estimated at January 2016 Alipay has 800 million accounts in mainland China.

Credit or no credit? Paypal will also allow credit-funded transactions whereas Alipay only allows transactions that have sufficient cash-funds in their Alipay account.

Alipay-Paypal-comparison
Alipay Paypal comparison

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"Explosion in CNYE tourists" helps lift retail sales figures

Posted: Feb.10. 2016. "A second Christmas" is how one happy Sydney based retailer called the boost in sales over the traditional Chinese holiday.

Business Insider today released an article by Chris Pash highlighting the new fiscal importance of Chinese consumers retail shopping during Chinese New Year (CNYE). The article also highlights the importance of being digitally savvy and of China good social media.

Why is CNYE having this affect? CNYE results in a influx of tourists from China. The important China holiday period where majority of businesses are forced to close means that peaks of Chinese tourists are coming at CNYE. Chinese tourists are flooding to Australia on in ever increasing numbers – now around 1 million a year. The inbound travellers are growing at about 20% annually. With an average spend of USD$7,000+ per visit they are also ranked number 1 in spending. Chinese tourists to Australia are estimated to be contributing between AUD$7 billion and AUD$8 billion to local economy as they buy gifts for family and friends. And Australia is not even ranked in the Top 10 as their preferred shopping destination!

"Chinese New Year is becoming as big as Christmas for many of our retailers,” says Alison Pearson, Westfield Sydney Centre Manager. “They are seeing this as a really significant growth opportunity...”

“...We have of course identified the opportunity,” says Victoria Brown, head of marketing in Australia at Swarovski, the lead glass crystal specialists.Just based on the research we have seen recently, we know, for example, that 82% of Chinese tourist travellers view shopping as their number 1 priority when travelling, and of those shoppers, around half are buying jewellery and watches which is a consumer desire that we can certainly fill,” she said...

In another luxury market sector, a helicopter tourism operator in VIC recently informed China Sales Co. that "the Chinese new year holiday has overtaken Christmas and become our busiest week of the year."

"This article helps to show how it's up to local manufacturers to customise their products, marketing and promotions to maximise their sales to this booming market" said Robert Burns, GM of China Sales Co. a China marketing specialist. "If they can't find the courage to overcome those crucial next steps then they will continue to miss out on the Chinese tourism dollar."

Read the original article here"at Business Insider Magazine.">