By the time the U.S. sub-prime crisis triggered by the global financial crisis has been continuing to spread, the global economic prospects are not clear, for all major consumer markets, at the moment the demand of “low price, high quality” is overwhelming. Electronic products, clothing, furniture and toys and other consumer goods from China, have being highly favored and well recognized by consumers worldwide.
Traditional wholesale channels of trade – batch purchase of the major importers from China and then layer by layer distribution, has fallen sharply as expectation of consumer confidence and market uncertainty. With the emergence of e-commerce platform, such as Made in China, Global Sources, Alibaba, and so on, almost all businesses can be carried out B2B e-commerce on the Internet, and import-export business online. However, for small and medium-sized wholesalers, dropshipper and individual consumers, the costs for cross-border procurement is still too high, still can not enjoy personalized, convenient and efficient service.
In such a case, similar to eBay, Amazon, etc., B2C, aggregation of many OEM consumer products from China, such as mobile phones, media players, etc., providing one-stop service, 24-hour online trade for foreign small and medium-sized wholesaler, it is not surprising. For example, Favordeals, as well as Onicer, provides quality, efficient and fast service with China’s wholesale price and P TO P service for purchasing agents and OEM wholesalers. As the shortening and speed-up of procurement, it can effectively reduce costs and shorten delivery time. Complete online shopping platform, as well as various types of personalized products, it also favored by individual consumers and dropshipper.
From the global insight, these niche products are more close to consumers, having a more wide market. B2C companies will have virtually unlimited market space on the internet, comparing with the companies in limited regional markets of facing fierce market competition, certainty it will create more business opportunities.