Aliexpress is somewhat the Amazon version made in China. The prices on the Chinese online shop Aliexpress are temptingly low. Anyone can shop online. A few clicks and the goods are on their way – even if the dealer is sitting somewhere in the Far East.
AliExpress belongs to the Alibaba Group and is a B2C trading platform.
However, unlike Alibaba, AliExpress aims at end customers, not companies. But even so, the prices are very reasonable, and you can order directly from China without detours through agents.
Jack Ma - the master
Born in a low-income family in the eastern Chinese city of Hangzhou, Mr Ma began his career as an English teacher before becoming a self-made dot-com billionaire.
With an estimated $36.6 billion in his account, Jack Ma, the head of Alibaba, wants to be known as an entrepreneur, singer, actor, kung-fu master, and artist. The 53-year-old rarely gives interviews, but he is not at all afraid of publicity.
Russians - biggest clients
Russians like shopping online. If we focus on some AliExpress statistics by country, we discover that 23.99% of the site’s visitors are from Russia. The US is in second place with 6.82%. Brazil completes the top 3 with 6.46%.
After all, the website is visually similar to Amazon. As a consequence, you can quickly find your way around, hence, provided you understand English. Nevertheless, Aliexpress is available in various languages but only translated by a computer program. Therefore, the product names sometimes need clarification.
We strongly advise you to refrain from buying plagiarism from China. Keywords, such as Nike, Adidas, Gucci, Hermes etc., are fakes. And, of course, especially if offered at unbeatable prices.
Hence, each dealer has his own seller “level” to gain trust. That being the case, that rating appears with different symbols. The lowest level is a medal. Consequently, the best are the dealers with five crowns.
It would be best if you avoided merchants with few customer reviews yet because it is difficult to assess whether they are severe or not.
Hence, choosing merchants with the level “Crown” is best. The percentage of positive feedback should not be below 90%. Anything over 95% is relatively safe, and anything below 90% is risky.
Consequently, the buyer also gets evaluated by Aliexpress. This reward system depends on various factors. Nevertheless, we have reached the highest buyer level over the years – Diamond – through the massive purchases of Xiaomi Multimode Smart Home Gateway with APP Apple Homekit Intelligent Home Hub products, ties and other gadgets and thus enjoys further advantages. The possibility to fill the shopping cart before the Single’s Day was invented by Aliexpress on November 11 each year and prompt refund.
Singles' Day 11.11.
As was previously stated, 11.11. has been celebrated for some years as a gigantic shopping festival in China, the so-called Single’s Day, on which single people, in particular, should indulge themselves. At least that’s the original idea.
By the way, the turnovers are breathtaking. In total, the total value of all products sold amounts to over US-Dollar 30 billion.
As every year, the start was extremely rapid, not least due to many advance orders. After only 85 seconds, the first billion dollars in sales were recorded. Subsequently, after one hour, it was already over CHF 10 billion. As a result, that’s more than the Swiss e-commerce retailers achieved in the whole of last year!
Be aware if you order goods from China, you should inform yourself beforehand whether the goods are also compliant. If the customs fish out such products, they are gone.
Amazon versus AliExpress
To conclude, Amazon and Alibaba – are two success stories. Firstly, on July 5, 1994, entrepreneur Jeff Bezos founded an online book trade. He was impressed by the growth of the Internet’s new technology.
Amazon provides a platform for third-party providers who pay a fee. However, the group buys a wide range of products and passes them on to its customers. This offering accounts for about half of the business and means logistical effort.
If you do everything right, AliExpress is completely serious. In the beginning, you must look at and read through everything to get an overview. But this step should be a matter of course.
China has many great things you can’t find here at all. If you have taken a closer look at the page, you can get many cool gadgets there.
Stock market: Alibaba Group
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