Wednesday, May 6, 2020

Taobao Established Shopping from Home with Online Shopping

Question 1 History In 2003 Taobao was established by Ma Yun, a man with wildest ambition in ecommerce and also the founder of Alibaba. Taobao, is the biggest network retailer marketplace in Asia. It is a Chinese language website for online shopping, similar to eBay and Amazon. Currently, Taobao marketplace focus on C2C (Consumer to Consumer) and B2C (Business to Consumer). With around 760 million product listings as of March 2013, Taobao Marketplace is one of the world’s top 20 most visited websites according to Alexa. The combined gross merchandise volume (GMV) of Taobao Marketplace and Tmall.com exceeded RMB1 trillion in the end of 31 March 2013. Introduction Online shopping is a form of electronic commerce which provides the way consumers go shopping and purchase services and goods with reasonable price on the Internet. For some consumers, shopping and purchasing online have become part of their daily lives, while others may not even care about it. Taobao online shopping system has provide consumers to directly buy goods or services from a seller over the internet using a web browser. Users can shop from your home comfort. They not need to go to crowd supermarket or shopping mall to buy their necessity items. Items can be get from online shopping include cars, books, apparel, jewelers, baby care, gifts, tools, etc. Besides that, user can shop from foreign countries with a few clicks. Furthermore, online shopping system could make yourShow MoreRelatedSwot of Taobao664 Words   |  3 PagesBusiness: Taobao online trading platform Strengths: 1. The leading individual trading online platform in Asia provided B2C and C2C e-commerce business model. 2. Create (Lead) a convenient and easy online shopping channel for consumer without using traditional retail channels. 3. Connect with a reliable payment method and online trading amp; paying system (Alipayæ” ¯Ã¤ »ËœÃ¥ ¯ ¶) 4. A well-known brand for online trading platform in business field that can attract businesses to join and be the alliance withRead MoreThe impacts of TAOBAO(business to customer) on E-business in China.1646 Words   |  7 Pagesï » ¿The impacts of TAOBAO(business to customer) on E-business in China. Introduction In the last few decades, an increasing number of consumers are willing to choose online shopping rather than traditional purchase methods, such as supermarket and mall. The website named TAOBAO is a newly developing online shopping website, based on business-to-customer(B2C). This system can be defined as one model of electronic business (E-business) and that includes â€Å"Selling individual products to individual buyersRead MoreThe Benefits Of Pipelines974 Words   |  4 Pagesquickly as the direct pipeline for delivering content to home viewers. Various cable companies have managed to maintain competitive advantage primarily through the offering of sports content packages. Cable subscription grants not only access to local matches, but also to those from all around the world ranging from NBA to NFL. Cable TV is advantageous as it is not restricted by regional limitations that may be imposed on broadcasting services online (Thompson, 2015). For example, in terms of live sportRead MoreTaobaos Success1860 Words   |  8 Pagesshare this big cake. Taobao (www.taobao.com), a Chinese-based company which is a leading platform for C2C personal transactions, was founded in 2003 by the 450 million investment from world’s best B2B company——Alibaba. Taobao is a typical example of China E-business style. Taobao paid a lot of efforts in order to China and Asia’s market dominance, during a lot of difficulties and challenges especially in the competition with E-bay. But some problems still exist in Taobao’ credit system and logisticsRead MoreAn Analysis of Chinaa E-Commerce Industry1488 Words   |  6 Pagese-commerce industry Online retailing in China, dubbed ‘e-tailing’, has doubled every year since 2003. By 2020 the size of China’s online retail market is predicted to reach up to US$650 billion, exceeding the combined value of online markets in the USA, UK, Japan, German and France. With over 590 million internet users, China boasts the world’s largest online population - more than the US and Japan combined – and still growing at almost 10 per cent per annum. The boom in online retail is a key elementRead MoreCustomers Behaviour in E-Commerce in China17665 Words   |  71 PagesCUSTOMER’S BEHAVIOUR IN E-COMMERCE IN CHINA Case: taobao Thesis Xinxing Hong Yanlong Chen Degree Programme in International Business International Marketing Management SAVONIA UNIVERSITY OF APPLIED SCIENCES Business and Administration, Varkaus Degree Programme, option Bachelor of Business Administration, International Business, International Marketing Management Author(s) Hong Xinxing Chen Yanlong Title of study CUSTOMER’S BEHAVIOUR IN E-COMMERCE IN CHINA Type of projectRead MoreDiversification A New Market Development Strategy1562 Words   |  7 Pagescompanies, also took the diversification strategy to develop and expend itself. Alibaba is one of the world s premier e-commerce brands and the first online marketplace for global and domestic trade. It provides an efficient, trusted platform connecting small and medium-sized buyers and suppliers from all around the world. The products of Alibaba come from the private label brands, which establish their own stores on this platform. And people can choose their goods freely and finish the trade by Ali-payRead MoreAlibaba5915 Words   |  24 PagesAustralia for the first time. Upload your photographs of our unique natural environment, help improve Wikipedia and win some great prizes along the way! ------------------------------------------------- Alibaba Group From Wikipedia, the free encyclopedia For the character from the Arabian folk tale, see  Ali Baba. Coordinates:  30 °11†²31.12†³N  120 °11†²9.79†³E Alibaba Group Holding Limited | | Type | Public Company | Traded  as | NYSE:  BABA | Founded | 4  April 1999; 17 years ago HangzhouRead MoreTaobao vs. Ebay China8878 Words   |  36 PagesCASE: IB-88 DATE: 01/04/10 TAOBAO VS. EBAY CHINA Ten to 15 years from now, I think China can be eBay s largest market on a global basis†¦. We think China has tremendous long-term potential and we want to do everything we can to maintain 1 our No. 1 position. — Meg Whitman, eBay CEO, 2004 By 2008, Jack Ma, CEO of Alibaba.com Inc., was in a position to consider how to fortify Taobao’s dominant position in China’s online consumer-to-consumer (C2C) market. Ma and his company had come a long wayRead MoreCase - Alibaba Group7315 Words   |  30 Pagesorganizational structure in tandem with changes in strategy. Jack Ma, Chief Executive Officer of Alibaba Group, stared through the fog at the cable stays of the Hangzhou Bay Bridge whistling past on his drive to the offices of Taobao (hunting for treasures), Alibabas online marketplace for Chinese retailers and consumers. The longest transoceanic bridge in the world had a long gestation period: the feasibility studies took a decade. and even after their approval the plans changed to connect the

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.