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Do you have an example of this, as quite nearly it is the experience of every Shopify seller or SaaS vendor. You can get Chinese customers, but they'll be local
by neximo64 3y ago
Do you have an example of this, as quite nearly it is the experience of every Shopify seller or SaaS vendor. You can get Chinese customers, but they'll be local customers to your market (e.g selling in America, Australia, Europe, etc) but not from China where you ship there.
There's a reason it is hard to fill container ships heading back to China.
- user_named 3y agoShopify sellers don't market do Chinese costumers. They don't understand how to and they don't speak Chinese.
- neximo64 3y agoThats not true, there are Shopify merchants that target immigrants in countries that are exclusively in Chinese, Japanese, Malaysian.. etc It is easy to sell to a Chinese audience in America, Europe, etc. What is almost impossible is getting Chinese people to buy your thing selling from abroad. It's possible but its out of the realm of easy by far. And that is the point, an American consumer (even a Chinese migrant) is easily and far more profitable than targeting China directly (so you export to China from another country). And if its not infant formula, its even harder.
- user_named 3y agoNope. Tons of shops on taobao ship from abroad. Go where the customers are.
- neximo64 3y agoIt is not possible to sell on Taobao with an American/European/Japanese/Australian/Singaporean,etc company, also without a physical rental or property in China. Also this conversation is becoming a bit laboured considering how obvious the differences are: I will reiterate how easy it is to access the profitability of an American consumer vs any other country from any country. And the impact it has on the dollars accumulated by selling to Americans is still unchallenged (its still at the top of the list). The key to changing the reserve of US dollars is attacking this fundamental truth as that is the source of the US dollars being a majority in the first place. I understand the dislike of having US dollars so prominent but the reason they exist is simply they aren't spent by the people who sold to the US. That is the fundamental thing to change to get rid of dollar dominance as it is the root. I would recommend to you a book by Michael Pettis, a professor at the University of Beijing called The Great Rebalancing who makes this all clear. He is also not sycophantic to the US if that is a concern