×
163
Fashion Jobs
EXTRAMARKS EDUCATION
Area Sales Manager- B2B Sales
Permanent · Nashik
TITAN BIOTECH LIMITED
Area Sales Manager
Permanent · Hyderabad
OPERA CLOTHING PRIVATE LIMITED
Production Manager For Garment Manufacturing Factory
Permanent · Daman
LEVI'S
Associate Sap Ptp Business Analyst
Permanent · Bengaluru
FEDBANK FINANCIAL SERVICES LTD
Area Sales Manager For Gold Loan - Chennai
Permanent · Chennai
DR MEDITECH SURGICAL AND DIAGNOSTICS INDIA PVT LTD
Production Executive / Production Manager (Biochemistry & Hematology
Permanent · National Capital Region
INFEXN LABORATORIES PRIVATE LIMITED
Medical Representative/ Area Sales Manager
Permanent · Navi Mumbai
ELLIOTT MOSS
IT Sales Manager
Permanent · Mumbai
GRAND CHEMICAL WORKS
Area Sales Manager - Jaipur gt
Permanent · Kota
IGENETIC DIAGNOSTICS /HEALTH MAP DIAGNOSTIC PVT LTD
Area Sales Manager/Territory Manager
Permanent · Pune
RANDSTAD INDIA PVT LTD
Market Development Manager - Horeca Sales
Permanent · National Capital Region
SHREE HR SERVICES
Retail Sales Executive
Permanent · Varanasi
PEP TECHNOLOGIES PRIVATE LIMITED
Area Sales Executive / Area Sales Manager (Only From Skin Care)
Permanent · Bengaluru
MIDAS HYGIENE INDUSTRIES PRIVATE LIMITED
Area Sales Manager
Permanent · Hyderabad
WHITEHAT JR
Sales Manager India
Permanent · Faridabad
REFLECTOSAFE
Area Sales Manager - Delhi
Permanent · National Capital Region
REFLECTOSAFE
Area Sales Manager - Chennai
Permanent · Chennai
AQUAGENICS RESEARCH & DEVELOPMENT INDIA PVT. LTD.
Area Sales Manager
Permanent · Pune
MUTHOOT FINCORP
Area Manager
Permanent · Tiruchirappalli
INFINIX
National Sales Manager
Permanent · MUMBAI
1MG
Sales Manager - Diagnostics
Permanent · National Capital Region
HALONIX TECHNOLOGIES PVT LTD
Area Sales Manager - Fans & Lighting / Retail Sales
Permanent · Ludhiana
By
Fibre2Fashion
Published
Nov 14, 2016
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Chinese e-commerce grows at traditional retailers’ expense

By
Fibre2Fashion
Published
Nov 14, 2016

E-retail website revenue in China grew from 52 million yuan in 2009 to 91.2 billion yuan in 2015, affecting traditional stores in the country. Retailers like Best Buy and Tesco have already pulled out of the market and Marks & Spencer recently joined the list when it shut 10 stores in the Chinese Mainland, resulting in 400 people losing their jobs.



The Chinese e-commerce industry is looking at new ways to prosper, according to Xinhua. The rise of the online retailing platforms in the country such as Vipshop, JD and Alibaba has gained even greater ground through the Singles’ Day online shopping bonanza that happens November 11 every year. Alibaba usually records high half-year or full-year sales in the month of November.

During the Singles’ Day sales this year, the State Administration for Industry and Commerce met with China’s 15 leading e-commerce companies to instruct them to keep widespread fraud at bay. The administration told the companies to keep a check on price fraud, unfair competition, false advertising, scalping and selling shoddy goods.

"E-Commerce should not develop like a campaign because the economy needs steady growth. Generally speaking, e-commerce has a positive impact on the real economy and national economic development. If it brings a negative impact, the investment-driven business mode should be blamed," said Zhang Li, an e-commerce expert with the ministry of commerce.

A huge amount of capital has been invested in the e-commerce sector of China. However, the pace of consumption has remained lower than expected, leading to price wars between e-retailers and affecting traditional stores.

E-commerce websites are working on making laws for the sector. A draft law has already been submitted to China’s top legislature. The companies are also integrating online and offline marketing and reflecting on the influence of Single’s Day on their inventories. The sector is also taking a more reasonable approach to competition as companies abandon intense price wars. Chinese e-commerce is also embracing Intelligent logistics and cloud-based infrastructures.

Copyright © 2022 Fibre2Fashion. All rights reserved.