When it comes to online sales in China, the growth is even more apparent. Last year, Chinese shoppers spent ¥9 trillion online. The Chinese online retail market has increased at a spectacular 70% average annual growth rate since 2009. Since 2014, China’s five-year online shopping retail sales have increased by ¥621.6 billion. China has been the world’s largest online retail market for seven years in a row since 2013.
Registration and sales through an individual. What you have to do:
Open a bank account in a Chinese bank.
A non-resident of China can not open a bank account in a Chinese bank, except for two cases: when you are a student and stay in China with a student visa, or when you are an employee and you have an employment contract with a respective work visa.
Register an account in AliPay payment service.
To register with AliPay, you have to submit your personal details including your passport number, visa number, bank card details and your photo with your passport spread (KWC). You will also need a phone number registered to the same passport as used to open an account with a bank and AliPay.
Register an account on Taobao.
Both Taobao and AliPay belong to the Alibaba Group holding, therefore, your personal data is stored in the common cloud; so you do not need to re-register on Taobao, but just go to the marketplace via the AliPay application, where Taobao is a built-in mini-program (same way as in WeChat).
The 7 Steps to Open a Taobao Store
Step 1. Set up Taobao account and register as Seller
Step 2. Connect account to Alipay
Step 3. Complete identification authentication
Step 4. Create store, connect plugins and set up Ali Wang Wang (for Customer Service)
Step 5. Design store
Step 6. Upload products (referred to as "babies")
Step 7. Promote and market store and products
What is the difference between Tmall and Taobao?
Tmall global offers the possibility for overseas companies to sell their products online in China, but what exactly is the difference between Tmall and Taobao?
Taobao and Tmall are both owned by the Chinese internet giant Alibaba.
While Taobao offers both C2C and B2C sales, Tmall is exclusively focused on B2C.
For that reason, brands usually have their official stores on Tmall.
Even though they are two separate entities, the Taobao app features both Taobao and Tmall stores. This means that companies selling on Tmall are not missing out on the huge traffic from Taobao.
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