📰 Business News: Are Australian businesses under threat? As the retail industry grapples with the rise of Chinese companies Shein and Temu, uncertainties linger about their long-term influence. While some question their sustainability, others believe they could become significant players in Australia's e-commerce landscape. The retail sector closely monitors their progress to understand their lasting impact on consumer behaviour and local retail dynamics. What's your take on the rise of Asian discount marketplaces like Shein and Temu? Share your thoughts in the comments! Let's discuss the evolving retail landscape. 💬👇 Business Owners: Get High Quality Products Sourced from Asia and Delivered Direct to your Door for Sale in Australia. Are you looking to import quality products from Asia to Australia but don’t know where to start? Are you already importing products from Asia but require a sourcing partner to take care of everything for you? Importing high-quality products from Asia isn’t easy. From product development, finding the right factory, and shipping. It’s a lot of work. Hello, my name is Arthur Esteban from Premier Sourcing Group. We are your ultimate partner in bridging the gap between Asian markets and your business in Australia. Let us simplify the import process by sourcing products directly from overseas manufacturers and delivering them to your door. Partner with Premier Sourcing Group and experience a world of difference in your importing process. Save time, reduce costs, and unlock new potential with our expert services. Special Offer: Get 20% OFF our entire service!!! This is a limited offer so contact us or visit our website so you don’t miss out. M: 0400 559 504 E: info@premiersourcinggroup.com.au W: https://lnkd.in/g7xbKfJh Premier Sourcing Group: Your Gateway to Effortless Importing from Asia to Australia. #productsourcing #PremierSourcingGroup #AustralianSourcing #ProcurementSolutions #BusinessSourcing #SupplyChainAustralia #SourcingExperts #AustralianBusinesses #SourcingStrategy #QualitySourcing #LocalSourcing #AustralianSuppliers #ProcurementServices #BusinessPartnerships #EfficientSourcing #PremierSuppliers
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🌟 Unlock the Power of China Wholesale with Nordic Enabler! 🇨🇳💼 Are you ready to take your e-commerce game to the next level? Look no further than China's thriving wholesale market! With its efficient supply chains and unbeatable prices, sourcing from China can give you a critical competitive edge. 🏅 At Nordic Enabler, we're here to guide you through the complexities of navigating China wholesale. Our expert team has the knowledge and experience to help you find the best suppliers, secure top-notch products, and streamline your procurement process. 💪 Discover the wonders of the Canton Fair, one of the world's largest trade fairs, where you can connect with countless suppliers across various industries. Can't make it to Guangzhou? No problem! We'll introduce you to top-notch supplier directories like Global Sources, Made in China, and HKTDC. 🌐 Worried about language barriers or quality control? Our skilled sourcing agents are here to bridge the gap, conducting factory audits, negotiating deals, and ensuring your products meet the highest standards. 🤝 Don't let the fear of navigating a new market hold you back. With Nordic Enabler by your side, you can confidently tap into the power of China wholesale and watch your business soar! 🚀 Like and share this post to spread the word, and leave a comment below to let us know how we can help you succeed in the exciting world of China sourcing! 💬 #ChinaWholesale #SourcingMadeEasy #NordicEnabler #Ecommerce
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The rise of China-backed e-commerce retailers Temu and Shein have had an impact on airfreight volumes during the holiday season. It is estimated that each platform is shipping more than one million U.S. packages per day. That increase in volume is impacting the already limited export space out of China and driving up prices, our CEO Sunandan Ray told The Wall Street Journal. “Everyone who is importing by air is paying a higher price now because of the loss of capacity. To a certain extent it might be getting passed on to consumers, or it might be squeezing the margins of sellers.” Read the full article here: https://bit.ly/48rg5Fw #ecommerce #globalshipping #freightforwarding #aircargo #importexport
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American companies that manufacture overseas are increasingly getting around import duties by embracing a controversial trade "loophole" that's been key to the rise of overseas e-commerce upstarts like Shein and Temu. In order to use the loophole, known as de minimis, companies ship orders out of warehouses located just across the border in Mexico and Canada or ship items via air freight directly from manufacturers in China, allowing them to dodge tariffs as high as 25% on some items. That's fueled a boom in warehouse openings just over the U.S. border in Canada and Mexico, as well as a cottage industry of startups aiming to make it easier for sellers to take advantage. As a result, the number of such imports has skyrocketed, and the U.S. is currently processing 4 million de minimis shipments per day, up from 2.8 million per day at the same time last year. New on The Information from me and Theo Wayt: https://lnkd.in/e_Q2ckKt
How U.S. Sellers Are Embracing Trade ‘Loophole’ That Has Boosted Shein and Temu
theinformation.com
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Direct fulfillment from China doesn't help optimize the e-commerce business model. It changes the game. Last week, our CEO Izzy Rosenzweig was featured in The Information story about how US companies are leveraging direct shipping and Section 321. There is a perception that only Chinese brands can benefit from using de minimis, which is incorrect. De minimis massively helps American brands be profitable. The U.S. is currently processing 4 million de minimis shipments per day, up from 2.8 million per day at the same time last year. Putting the U.S. on track to import about 1.5 billion de minimis shipments this year, triple the number from 2019. Now about 30% of de minimis shipments this year account for SHEIN and Temu packages, but more and more packages from American brands are processed through de minimis. We are helping many US brands in adopting the same shipping model as SHEIN and Temu. By leveraging Portless direct shipping, your customers receive a 100% local US experience, with deliveries averaging just 5.2 days to the US. With de minimis, we are helping brands increase their gross margins by up to 40% as costs are reduced across warehousing, pick & pack, and container shipping. There are no US drayage fees or import taxes with Section 321. Interested in learning more? Contact us today and check out the article below!👇 https://lnkd.in/gSNypwJh #shein #temu #section321 #directfulfillment
How U.S. Sellers Are Embracing Trade ‘Loophole’ That Has Boosted Shein and Temu
theinformation.com
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Interesting to see that #AirFreight rates from Hong Kong and Shanghai now surpass 2022 levels, while #SeaFreight rates have dropped by 35% since December 2022. Ecommerce takes 40-50% of freight volume on major routes, driven by strong Western demand for fast fashion and goods from Chinese platforms like Temu and Shein. Chinese ecommerce shipments totaled $155 billion in the first half of 2023. The reality is that the demand for affordable products is increasing, as people's budgets have become leaner. Thoughts? #logistics #supplychain
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Evolve Supply Chain Solutions has a powerful cross border D2C platform that leverages our proprietary technology. Want to advance your supply chain? Reach out to us for more information on how we can help you harness this model. #supplychain #logistics #crossborder #D2C
The supply chain advantages of companies like Shein and Temu have been making the news lately. Evolve Supply Chain Solutions flexible and proven end-to-end cross border solution, which includes our proprietary technology platform, air/ocean freight, customs clearance and destination services provides this same advantage for your ecommerce supply chain. This direct-to-consumer (D2C) supply chain model isn't limited to China either. Minimize inventory touches, reduce costs, increase speed to market and supplement your traditional supply chain with Evolve Supply Chain Solutions D2C Platform from any origin country today! #supplychainsolutions #crossborderecommerce #containerization #section321 #type86 #technology #ecommerce #crossborder #directtoconsumer #d2c #temu #shein https://lnkd.in/gFFZENkU
The China-Backed Retailers Shipping Millions of U.S. Packages a Day — The Wall Street Journal
apple.news
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🔗 Connecting Europe & Asia | Business Consultant and local Market Guide 🔎 Helping to decide not to buy
🌟 Major retailers like Walmart, Amazon, and Wholesale Miniso are ramping up their sourcing from Vietnam! 🌟 📝 Sourcing ambitions are shifting towards Vietnam as global retailers like Walmart, Amazon, and Miniso look to increase their product intake from Vietnamese suppliers. Aly Ansari from Walmart highlighted Vietnam's strategic importance at the Vietnam International Sourcing Expo, noting the country's role as a crucial supply market in Asia. 📈 🔍 Key Points: - Walmart sells Vietnamese fashion, electronics, and toys across multiple countries and seeks more suppliers for toys and foods. - Amazon has seen a 300% increase in Vietnamese goods, focusing on health, personal care, home, apparel, and beauty products. - Chinese retailer Miniso and others like Coppel are also expanding their Vietnamese supplier base. 📊In growing economies such as Vietnam there are tremendous opportunities not only for retail but also for IT companies. There are multiple reason why many companies are focusing on Vietnam which I will share with you in next post. In the meantime, if you looking for more information about Vietnam IT industry you can download our Market report → Link in comment. #VietnamEconomy #GlobalTrade #Sourcing #VietnamBusiness #ITOutsourcing #SupplyChain #BusinessGrowth #VietnamIT #EconomicGrowth #ITConsulting PS.🔗 I am connecting European and Western enterprises to Vietnam's finest IT service provider. 🌏 Are you looking to work with Vietnamese IT companies? Drop me a line, and I will connect you only with best IT companies! 📩
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Great piece from The Wall Street Journal using Xeneta data and insight from Chief Airfreight Officer Niall van de Wouw to address how e-commerce shipments out of Asia are reshaping the air cargo market. The huge volumes being shipped by online retailers Temu and Shein out of China and Hong Kong has seen air freight rates soar and businesses facing the prospect of fierce competition to secure space for their cargo during the peak season later this year. van de Wouw told the WSJ: "If you as a shipper have not arranged or dealt with your freight forwarder on how to navigate that time, I think you might be in for quite a ride. "The e-commerce boom out of China has transformed the airfreight market in an incredibly short period of time.” Read the full article here: https://lnkd.in/eFn-g_5F #aircargo #freightforwarder #china #ecommerce
Shein, Temu Are Swamping Airfreight Capacity, Sending Rates Soaring
wsj.com
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I help amazon sellers to increase their sales by ranking their products to #1 | Entrepreneur & Marketer | Advertising Specialist | Amazon Expert & Consultant | Social Media Strategist | Angel Investor.
🚨 Major Shift in eCommerce is Coming 🚨 The Biden administration just made a bold move that could change the eCommerce game in a BIG way 👇🏼 They are proposing to close the de minimis loophole—a game-changer for Chinese brands like Shein and Temu, who have used this to flood the U.S. market with ultra-cheap goods. Quick de minimis Breakdown: This loophole allows shipments under $800 to enter the U.S. duty-free with little customs oversight. Chinese companies have been using this to avoid tariffs and safety checks by sending small shipments directly to U.S. consumers. What does this mean for you? 👇🏼 ⚖️ Level Playing Field: No more tariff avoidance—Chinese brands will now face the same 25% tariffs and strict safety inspections that U.S. sellers do. ⛈️ Shein & Temu Face Challenges: These companies thrived under the de minimis rule, but they'll now have to rethink their strategies. Don’t count them out just yet, though. 🛡️ Safer Products: We’ve all seen sketchy products online (face mask snorkels, anyone?). This new rule will require compliance certificates for all imported products, making them meet U.S. safety standards, regardless of value. This could be a huge win for U.S. brands and consumers! 💥 While it’s not official yet, the proposal has bipartisan support and could reshape the eCommerce world as we know it. What do you think? Is this a win for U.S. sellers? #EcommerceUpdate #DeMinimisLoophole #USBusiness #TradeReform #Shein #Temu #USBrands #eCommerceTrends
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US-based online sellers are copying Shein/Temu's playbook to avoid import duties. Goods arrive in the US, get trucked to Mexico, and then immediately get shipped back to the US duty-free. Companies are importing goods to Mexico or through the port of Los Angeles and then to Mexico. They then ship to consumers in the US from the warehouses in Mexico. Since they were never imported in bulk to the US and each shipment is under the $800 de minimis value, there are no duties to be paid. Those de minimis shipments will hit 1.5 billion this year.
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