LinkieBuy

  With the popularization of vaccines, the impact of the epidemic on the Chinese economy has gradually decreased. According to the data released by the National Bureau of Statistics of China in September: In August, the total retail sales of consumer goods in China was 3,439.5 billion yuan ($533.794 billion), a year-on-year increase of 2.5%. From January to August, the total amount of retail sales was 28,122.4 billion yuan ($4364.46 billion), an increase of 18.1% year-on-year and an increase of 8.0% from January to August 2019. Year-on-year growth rate of total retail sales of consumer goods in China The total market size of consumer goods retail in China will reach 48 trillion yuan ($ 7449.37 billion) in 2021, making it the world's largest consumer goods market, according to relevant Chinese research institution.   1. Small changes in huge China market Although the direct impact of the epidemic on the Chinese consumer goods market is gradually decreasing, the consumpt...

  Synopsis · The history of Japanese drugstores · Main sales channels of Japanese drugstores · Japanese e-commerce development will usher in an outbreak period · The transformation of Japanese drugstores   Japan had the highest density of pharmacists and drugstores among the Organization for Economic Co-operation and Development countries. Japan is the first country that make the “pharmacists and drugstores” written as a separate category in the law. In addition ， pharmaceutical products are provided into three categories in Japan and the Pharmaceutical Affairs Act defines it as "outside pharmaceuticals". For a more precise definition, "medicated cosmetics." In recent years, as the life improved, the demands for pharmacy increased. Before the COVID-19 epidemic, drugstores are the “have-to-go place”. Due to their advantages in price, service, and convenience, drugstores are not only popular among foreign visitors, but also local consumers. And the d...

LinkieBuy and OuiTrust formally reached a strategic cooperation to help European stores in digital transformation and Chinese market exploration using their respective advantages. It’s reported that both parties will cooperate closely in online store development and management, cross-border payment, international e-commerce services and other aspects to help European stores achieve digital transformation and enter China’s e-commerce market in a legal, easy and fast way. LinkieBuy and OuiTrust both agreed that in the era of post-epidemic, due to various travel restrictions, world consumer habits have already changed in an earth-shaking way. Cross-border e-commerce will play a vital role in global trading instead of former retailing that heavily rely on international traveling and hospitality. The huge consumption potential of China and numerous well-known brands of French appeal to the two parties and accelerated their cooperation. According to the agreement, LinkieBuy will provide a on...

  LinkieBuy, a Chinese cross-border e-commerce comprehensive service brand and Australian payment agency SuperiorPay launched their first online store, the New Zealand National Mall Mini Program, after one year's cooperation.  The Mall Mini Program was launched independently in WeChat, a Chinese APP. By far, the online store has been operating for nearly one month and has achieved favorable sales performance. With the Mini Program, the high-quality specialty of New Zealand can reach Chinese consumers directly, helping local businesses reduce the impact of the pandemic accordingly. LinkieBuy is a cross-border e-commerce comprehensive service brand of Xingyun Group in China. With the professional team, LinkieBuy has helped overseas merchants quickly achieve their independent online store construction as well as customer acquisition for large-scale sales by relying on the popular Chinese APP – WeChat.  LinkieBuy not only helps retailers with digitalization transformation and...

  As a world economic power, Japan ‘ s retail industry has been extremely developed. Since the World War II, Japan’s retail industry has rebuilt, developed, prospered and matured amid the rapid economic rise in the last half century. As an important part of Japan's industrial economy, the evolution of the retail industry is still very representative. The history of Japan's retail industry The start of modern retail in Japan can be traced back to the post-World War II. After the Second World War, the development of the Japanese retail industry can be roughly divided into five stages. The first period was the economic recovery and rapid growth period in Japan. After the war, the department store resumed. Although the government launched the "Department Store Law" to protect the interests of small and medium retail owners, the department store is still blooming in a more rapid way. The second period is the heyday of rapid economic growth. During this period, the large-sc...

Entering Chinese Market is on the agenda of many companies for it is large and growing. However, choosing an appropriate market entry strategy for China is not an easy decision. There are quite a few channels and each of them has advantages and disadvantages. This article will introduce fundamental three,  1) find a distributor;  2) choose an e-commerce platform; 3) invest an enterprise in China .  These three methods will be compared so that you will know what suits your business best. FIND A DISTRIBUTOR Cooperating with a distributor may be the easiest and quickest strategy of entering China. By shipping your products to the distributor, you will effectively pass the risk onto them which will motivate them to actively try to sell your goods. Though it’s the most effective way to export to China in a short run, there are some disadvantages. For instance, some distributors are based on Hong Kong or Taiwan, they are not that closely connected to Chinese market, and s...

T he Coronavirus (COVID-19) outbreak has brought considerable human suffering and has become one of the biggest threats to the global economy. Cities and even countries are in lockdown  from time to time all over the world, the tourism industry, film and television industry and catering industry were directly destroyed, causing bankrupt of numerous companies. Nearly a quarter of companies closed either temporarily or permanently in March and April last year, according to a study published by American National Bureau of Economic Research. Situations in Europe and Asia are the same. Even now, the affect and the aftereffect of the pandemic is still there as the coronavirus cases are still on the rise. Not only small-business owners are concerned about their survive, so are the Century-Old Business owners, especially the chain retailers. Debenham, once a lynchpin of the UK retail landscape, announced its closing last May, and permanently closed on May 15, 2021, leaving this 242-ye...