The Chinese ecommerce company JD.com, Inc., also known as Jingdong, is one of the largest online marketplaces in the world. It offers a wide variety of products. As of the end of 2019, it has over 550 million active users. Moreover, the company offers fast delivery service and next day delivery, so consumers can get their purchases in just a few clicks.
To be a seller on JD, you need to be a legitimate business entity. You will also need to pay a regular deposit for your shop. This deposit will become refundable once the shop is open. In addition, you will need to pay an annual management fee of $1,500 to $10,000.
Before you can sell on JD, you need to have a USD bank account. This is to ensure that your transactions are in USD currency. Additionally, you need to submit documents to the Business Development Manager of JD Worldwide. These documents include your product images and descriptions in Mandarin, as well as your professional sales and customer support personnel.
If you are looking for a platform that can help you expand your e-commerce operations into China, JD is the perfect solution. Not only does the company provide a convenient shopping experience for Chinese consumers, it also helps merchants bypass some government restrictions.
Aside from its large customer base, JD has established a strong logistics network that covers almost all of China. The company’s warehouses and bonded ports allow for quick and reliable delivery. It also has a unique integration with WeChat, the most popular social media application in China.
Another benefit of partnering with JD is that it has a huge roster of products. You will have the opportunity to carry a variety of trusted brands in fashion, electronics and other categories. The platform also offers a wide array of promotion solutions on the site.
When you join the JD family, you will also get the opportunity to sell to international customers. However, you need to know that JD only accepts US dollar transfers. In addition, you need to make sure that your business name does not infringe upon the legitimate rights of others.
Since the start of 2019, JD has been experiencing a dramatic increase in revenue. According to Wall Street, its earnings will jump more than 50% over the next year.
With over 25.7 million SKUs and a nationwide logistics network, JD is able to deliver your products within just a few days. JD offers a variety of value-added services such as a logistic partnership and marketing. Whether you are selling to the mainland or to foreign buyers, you can be assured of fast delivery and high quality products. Moreover, the company’s superior reputation in the fight against counterfeit goods makes it a trusted destination for Chinese shoppers.
Compared to other Chinese ecommerce companies, JD has an easier time maintaining control over the movement of its inventory. While TMall takes a couple of days to fulfill orders, JD offers a much faster shipping service. Also, the company’s domestic bonded warehouses can minimize your logistics costs.
