JD.Com Goes All in on Dairy with the A2 Milk Company

JD.com is looking to satisfy growing consumer demand for dairy products by deepening their partnership with the A2 Milk Company. It’ll make their products available for purchase online and offline, and the two will devise new strategies to broaden distribution.

It was back in 2015 when A2 Milk was looking for an online store to make their products available in China, and JD had the broadest reach. It proved to be a beneficial partnership, and A2 Milk even became a preferred product of Chinese parents wanting a milk option for their children without complicating their digestion.

Four years later, JD.com is still taking their data on Chinese markets and helping A2 Milk better market their goods and become more recognizable to consumers. Their partnership made the dairy company a top seller during sales events like “6.18.” This year, their sales increased by 210% compared to the year before.

A2 Milk has been dedicated to growing within JD. The company was part of the Super Brand Day Program and the Brand Competitiveness program. This helped them develop strategies around increasing sales and becoming more recognizable. JD.com was instrumental in telling the company how to best set up sales campaigns, how to promote goods, and discovering where their customers are. And in using these tools, A2 Milk saw targeted coupons and ads help them cross the 1 million users threshold.

Xiao Lin, CEO of A2 Greater China, said the company’s decision to work with JD comes down to the retailer’s detailed understanding of Chinese commerce. JD presented them with an opportunity to use blockchain technology so customers could track the history of their products, increasing consumer confidence and their reputation by extension.

Head of JD Worldwide, Chris Cui said that the partnership has been mutually beneficial. In helping A2 Milk extend its reach with consumers, JD has been able to provide parents with something they’ve been searching for a long time. Go To This Page for additional information.

Thanks to JD, products and brands from Australia and New Zealand has become a common fixture among Chinese consumers. It’s not uncommon to see brands like Swisse, Devondale, Jacob’s Creek or Blackmores being listed as best sellers on JD.com. this has made baby products, health supplements, wine, cosmetics, and even milk available to a new generation of distinguishing consumers.

 

View source: http://jdcorporateblog.com/

 

Richard Liu Qiangdong Has Transformed The Retail Industry In China With JD.com

Richard Liu is one of the wealthiest entrepreneurs in China with a net worth of more than 12 billion dollars, most of which has been accumulated through his position as CEO of JD.com. Today, JD.com is one of the largest e-commerce retailers in China and around the world. The population in China is massive at nearly one and a half billion people, and the rise of the digital age means there are many more people looking to buy stuff online.

This is how JD.com has become the third-largest internet corporation globally with more than 300 million active customers each year.

Richard Liu Qiangdong’s parents were hard workers and grew up in the middle class in Jiangsu province. Richard took up this habit for working hard early on when he was in school, and he became even more driven throughout his academic career. Refer to This Article for additional information.

While he was still studying in college, Richard Liu tried his hand as an entrepreneur with a restaurant business. Even though he had to close it down because it wasn’t working out long term, Richard managed to learn a lot through the experience that left him wanting more.

After graduating from China Europe International Business School with his EMBA, Richard Liu Qiangdong found employment at Japan Life as a logistics supervisor. He held onto this position for a couple of years to build his funds and experience as a professional. In 1998, Richard was determined to get back to his entrepreneurial ideas and dreams of great success, so he started his own business selling optical products in Beijing.

His business did well for years, and Richard managed to turn things around and make them better in the face of huge obstacles that cost him millions. The SARS outbreak was horrible and forced Richard to close down his shops, but it also sparked an idea in him that he was sure was going to take off. After just two years, Richard Liu Qiangdong was back in business with the online form of Jingdong which eventually became JD.com. Because of the similarities, JD.com is commonly compared to sites like Amazon, which offer thousands of different products to their customers over the internet.

 

See also: https://hsdm.harvard.edu/people/richard-yen-tsai-liu

 

JD.com: Featuring Gift Giving

Introduction

JD.com is the biggest online retailer in the country of China and is also its biggest internet company in terms of revenue. You can find several different items on this online website, such as food and cosmetics. Their unrivaled nationwide fulfillment network makes up ninety-nine percent of their population.

In an article with TG Daily entitled “JD.com’s Liu Qiangdong Commits to Inclusive Business”, e-commerce juggernaut JD.com has recently re-committed its operational practices to include total transparency regarding sustainable practices and environmental care.

Also, in this company same and next day delivery are included. They also have an online gift-giving service called JD Gift. That is a service that has connected particularly to the younger people of China. Statistics explained in 2018 that China had close to 673.5 million people using social media. Also, close to thirty percent of the internet time is spent on WeChat, and the peak age is 26-35. Go To This Page for additional information.

Gift Giving and Possible Arising Issues

A very important component for both the traditional Chinese culture and JD.com is gift-giving. That tradition has been going on for thousands of years. Some examples of what gift-giving has been believed to do were bring people closer together and make communications simpler.

Something JD.com helps out with is making gift-gifting less awkward, especially in the age of technology when we send gifts from the mail. Another issue can arise if you want to send someone a gift and you have to ask for that particular address. Also, there could be a chance of being talked out of that gift.

The Gift-Giving Process

JD has a simple process to send the gift to a recipient and avoid the above issues. That is the JD Gift service mentioned earlier. First, you pick a gift that can be found on the gift marketplace on the website and then purchase that item. Then the person you sent the gift to will get a message requiring shipping information. At this time the gift would have already been purchased and there would be no concern about decline.

 

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How JD.com-Prada Partnership will Revolutionize the Chinese Fashion Market

 

One of the fastest-growing markets in the world is the luxury fashion market. Pundits have estimated that the market will be two times bigger in the next decade. Prada — one of the fastest-growing companies in this market — has started to expand in the Asian market. According to the management, creating partners in this new market is one of their growth strategies. In China, for example, Prada signed a deal with the biggest e-commerce company, JD.com. The following are some of the reasons why the management chose JD.com as the most important partner in this market.

First, the Chinese partner has the necessary structures. Although Prada has different outlets and specific shops in major markets, the management believes that diversifying in e-commerce was critical. One of the companies that have invested in this new platform is JD.com, and therefore, it was the right decision to work with the company. During the signing deal ceremony, the representatives of the fashion company pointed out that the Chinese giant is their gateway into the Asian market. On the other hand, the JD.com representative also pointed out that the partnership was timely. The company has signed different deals with other companies — with the sole purpose of making the platform home to diversity.

Second, the fashion company wanted a company that has a good relationship with customers. In more than 18 years, the Chinese company has created a platform where customers communicate organically with the company’s representatives. This bond has enabled JD.com to become the first-ever company in this market to have ultimate trust from customers.

This relationship is ideal for Prada in the following two ways. First, the company knows that all the discussions between JD.com and their fashion customers will be professional. The company also understands that there will be timely deliveries for all orders for their fashion items. This assurance is important in a new market and especially for fashion items.

In addition to this deal, the company has signed many contracts with different stakeholders. The main reason for this policy approach is to give clients more shopping options and more importantly, to make JD.com the best place to buy all types of items.

Richard Liu Qiangdong is the founder and Chief Executive Officer of JD.com, which is one of the biggest e-commerce platforms in China, with a net worth of 57 billion dollars. Richard Liu attended the prominent Renmin University of China and graduated with a degree in Sociology in 1996. Richard Liu is a true entrepreneurial genius and recognizes the power in of broadening his horizons.

Liu is considered as among the top entrepreneurs in the e-commerce industry. He is involved in the company’s everyday operations and is very keen on business forecasting. Richard continues to utilize cutting edge tech, which he says is the platform of the growing global economic environment.

 

See also https://www.jonesday.com/rliu/

 

Richard Liu Qiangdong: The Leader Behind The Development Of JD.com

Richard Liu Qiangdong may currently stand as one of the biggest names in the Chinese e-commerce industry but there is no denying the journey that he had to go through to reach one of the most prestigious positions in the global e-commerce market. Richard Liu Qiangdong started off as someone who believed in the power of hard work.

Growing up, he watched his parents work hard within the coal mining industry to give him everything that he needed. He knew that if he wanted to be someone in life, he would have to work extremely hard to ultimately reach his goals. Richard Liu Qiangdong also had the ability to quickly grasp onto new concepts and new ideas.

When in college, Richard Liu Qiangdong decided that he would learn how to code in spite of only doing a business course in college. This was his first venture into the tech industry and something that helped him immensely in his years to come. Go To This Page to learn more.

The first venture that Richard Liu Qiangdong took on was a tar and mortar store that sold goods that were of high quality and which were genuine. This was especially important because of the sheer number of fake goods prevalent in Chinese markets. After spending a few years at the store, Richard Liu Qiangdong decided that it was time to expand into the online retail space. He knew that the competition more here was tough, but believed that he would be able to achieve it if he implemented the right business policies and practices.

Within a short period of time, Richard Liu becomes one of the more well-known names in the e-commerce industry because of the success of the company that he had built.

He founded JD.com purely because of a need for better online shopping and gave customers an entirely positive experience. Today, millions of people shop online at JD.com and turn to it whenever they are in need of some online retail therapy. The customer base of JD.com has grown well beyond China and is now catering to audiences across the entire world.

Because of Qiangdong’s success in selling other goods online, Richard Liu Quiangdong has now been ranked by Business of Fashion as a top 500 “Most Influential Person In The Fashion Space”. Fashion is, of course, a $2.4 trillion market on its own.

 

Additional reference: https://www.jd.id/liu-qiangdong-jd-ceo-about

 

Richard Liu Qiangdong And Trade Winds

 

Richard Liu Qiangdong is certain to watch and see how the global economy is doing. He would be interested in doing so because Richard Liu Qiangdong is the Executive Officer of Jingdong.

As the leader, the person in charge of the entire operation, he must make certain that he is keeping his wits about him. It is also in these uncertain times that Richard Liu Qiangdong must keep his productivity strong and he must push through.

Richard Liu is a true entrepreneurial genius and recognizes the power in of broadening his horizons. Richard Liu himself is worth a staggering $11 billion. His success has skyrocketed with the company.

Liu is considered as among the top entrepreneurs in the e-commerce industry. After launching his first online retail website sometime in 2004, he founded JD.com only a year later.

Richard Liu Qiangdong is well aware of cycles within the world and realizes that one should prepare for these market cycles to do well.

The cycle will continue to repeat itself if there aren’t really sustainable policies that promote job creation and a truly healthy economy propped up by key decisions that people make. Recovery should not simply come from cheap money, that eventually goes to propping asset prices. Go Here for related Information.

Correct investments in education that is relevant to the present and the future, that helps those who learn to get jobs and be ready for jobs that will be in demand, and investments in training a better workforce, building further infrastructure, shifts in better energy forms that create a better environment and other long term factors that will create a healthy economy.

It seems that the US will have further reliance on imports and on savings allocated from foreign powers. At the current moment, policies seem to be short-sighted, focused on perpetuating the dilution of savings, incentivizing spending, and encouraging binges with investment from those in other countries.

Quality of life does seem to be steady and normal in this current environment, but debts will certainly come due. As they come due, people will have to optimize for figuring out how to bring in more money to pay for their money calls.

Investors need to see economic activity rise because their lives will depend on it. It is certain that an economic purge will be needed within this economy so that the good investments can rise to the top and then the allocation decision can be on which is better of the ones that stick around.

 

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Prada Will Be Relying on a JD.com Sales Boost

 

Headlines were made last week when it was officially announced that Prada and JD.com would finally be teaming up. The specific nature of the partnership involves a flagship store for the Italian luxury brand that will be located on the Jingdong website.

This will be the primary online location for Prada’s business. The company has wanted to make a big splash in the online world for a long time. Now they are finally doing it with the help of the largest online Chinese retailer. Prada is not known as a company that does anything halfway. They are continuing that tradition by making a deal with a giant online retailer.

The online business for Prada has been doing very well. However, the people who run the company think it can be better. This is what caused them to reach out to JD.com about a possible partnership. Talks between the two companies went on for several months. It was eventually decided that Prada would be best served by having a flagship store on JD.com where customers would be able to buy all of their products at a single location. Prada surveyed their customers about this idea. The response was overwhelming.

Prada understands the enormous reach that JD.com has. Their goal is to use this huge online platform to reach people who have never bought a Prada item before in their life. They also want to attract people who only shop online and would never see any Prada merchandise in a brick and mortar store.

The same type of plan has been used by many other companies when they do business with Jingdong. The results have always been spectacular. The speed of the shipping offered by JD is very attractive to Prada. They know that speed of delivery is something that attracts new customers.

The effect that the JD’s flagship store will have on Prada’s bottom line is not yet known. However, the past results of other companies indicate that it will be a very profitable partnership. JD.com is China’s biggest retail platform has a way of making everything they touch turn to gold.

A book entitled “The JD.com Story: An E-commerce Phenomenon” by Li Zhigang features the unique story of JD.com’s growth and evolution and the strategies and philosophy of its charismatic founder are featured in this fascinating book.

 

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