Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


NZ-made product e-shop to launch in China February 2013

New Zealand-made product e-shop to launch in China February 2013

NZ Inc. Shop announced today that its exclusive New Zealand-made product e-shop on China’s foremost ecommerce business-to-consumer website will be live by February 2013.

NZ Inc. Shop has secured a standalone New Zealand-made product e-shop on Tmall.com, which has 180 million buyers registered across all Chinese provinces. Last year, Tmall.com averaged 3000 enquiries per day for New Zealand products, and this is forecast to grow by a further 25%, bringing a forecasted 4000 enquiries per day by the end of this year.

NZ Inc. Shop CEO York Zhang says that there are already New Zealand products on Tmall, but having a New Zealand only e-shop, with verified Kiwi-made products is important for the China market. “Chinese consumers want and trust Kiwi products, but they need to trust the people selling to them,” Zhang says.

“NZ Inc. Shop has a strict application process that ensures the products on our shop can only be New Zealand-made.

No counterfeit product can get through, as we are the exclusive agent for New Zealand businesses who want to get onto the NZ Inc Shop on Tmall.

“Our experienced team of both New Zealanders and Chinese bridges the gap of cultural difference, and has the necessary business and political experience and understanding to facilitate great business opportunities between China and New Zealand.”

NZ Inc. Shop is currently working with a number of businesses across a range of sectors, whose products have the greatest demand in China. These are high volume sectors with a perceived high value to the Chinese consumer, such as dairy, health products, education, tourism, horticulture and seafood and meat products.

NZ Inc Shop Chairman Aldo Miccio adds that those New Zealand businesses already selling on Tmall.com are doing so alongside 70,000 international and Chinese brands from more than 50,000 merchants.

“Unlike being on the main Tmall.com website, NZ Inc Shop will become the one place the Chinese consumer can guarantee that the product is genuinely from New Zealand,” Miccio says. “It will be the first time that Tmall will endorse the origin of products on an e-shop. This is a coup for New Zealand.

“New Zealand products are world-beating, and if we are to increase our country’s exports it is crucial for them to not only be in the incredibly massive Chinese marketplace, but in a place where consumers most trust their source,” he says. “I see this as a fantastic opportunity for New Zealand businesses, to leverage our good reputation, and the Chinese consumer’s strong desire for our products. I am also personally pleased to be involved in NZ Inc. Shop, to utilise my experience of living and working in China, and my understanding of the language and culture, for the certain benefit of New Zealand exports.”

- ends-

Background Information:

NZ Inc. Shop is an e-commerce shop on China’s most trusted on-line store, Tmall.com. Tmall.com is also owned by the long-standing Alibaba Group.

Alibaba Group
The Alibaba Group www.alibaba.com was founded in 1999. The privately held Alibaba Group reaches internet users in more than 240 countries and regions, with the goal of making it easy for anyone to buy or sell online anywhere in the world. Taobao Marketplace and Tmall.com Taobao is the undisputed market leader of e-commerce shopping in China. In 2008 Taobao introduced a dedicated B2C platform called Taoball Mall (now Tmall), to complement its Tabao Marketplace C2C platform. Since then, Tmall has established itself as an online gateway for leading local and global brands to reach out to the growing Chinese consumer base.

NZ Inc. Shop Facts & Figures:

_ Taobao Marketplace turned over US$50 billion last year in sales revenue, making them the world’s largest ecommerce site. That’s larger than Ebay and Amazon combined.

_ Taobao Marketplace’s market share jumped from 8% to 59% between 2003 and 2005, whilst eBay China slipped from 79% to 36%, closing down in 2006.

_ Last year, Taobao’s Tmall e-commerce site averaged 3000 enquiries per day for New Zealand products, which are forecast to grow by a further 25%, bringing almost 4000 enquiries per day by the end of this year.

_ Other brands that have established flagship stores on Tmall include: P&G, Adidas, UNIQLO, GAP, Nine West, Reebok, Ray-Ban, New Balance, Umbro, Lenovo, Dell, Nokia, Philips, Samsung, Logitech and Lipton.

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Gareth Morgan: The Government’s Fresh Water Policy – Revisited

Fresh water quality is the latest area to be in the sights of Gareth Morgan and his research organisation The Morgan Foundation... They found that the fresh water policy was a bit murkier than the Environment Minister let on. More>>

ALSO:

Interest Rates: RBNZ Hikes OCR To 3.5%, ‘Period Of Assessment’ Now Needed

Reserve Bank governor Graeme Wheeler raised the official cash rate as expected, while signalling a pause in rate hikes to assess the impact of moves so far this year. The kiwi dollar sank after Wheeler said its strength was “unjustified” and that the currency could have “a significant fall.” More>>

ALSO:

Fonterra: Canpac Site 'Resize' To Focus More On Paediatrics

Fonterra is looking at realigning its packing operations at Canpac, in the Waikato, to focus more on paediatric nutritionals... The proposed changes could mean around 110 roles may not be required at the site which currently employs 330. More>>

ALSO:

Scoop Business: Postie Plus Brand Gets 2nd Chance With Well-Funded Pepkor

The Postie Plus brand is getting a new lease of life after South Africa’s Pepkor bought the failed retailer’s assets out of administration and said it will use its purchasing power to reduce costs of stock and fatten margins. More>>

ALSO:

Warming: Warming Signs From State Of Climate Report

Climate data from air, land, sea and ice in 2013 'reflect trends of a warming planet' -- says the latest State of the Climate report, launched by U.S. and New Zealand scientists. More>>

ALSO:

Scoop Business: Embrace Falling Home Affordability, Says NZIER

Despair over the inability to afford a house is misplaced and should be embraced as an opportunity to invest in more wealth-creating activity, says the principal economist at the New Zealand Institute of Economic Research, Shamubeel Eaqub. More>>

Productivity Commission: NZ Regulation Not Keeping Pace

New Zealand regulators often have to work with out-of-date legislation, quality checks are under strain, and regulatory workers need better training and development. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus

Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news