Apr 19, 2022
In General Discussions
Platforms that are strongly focused on Telemarketing Lists standardized products can push the price down very quickly. Competing as a retailer mainly on price within platforms will therefore not be sufficient in most cases. Mobile payment with WeChat or Alipay. 6. The effect of globalization is just beginning The internet has blurred national borders. Because the Telemarketing Lists economies of scale on the Internet are so great in economic terms, we see more and more international players winning the game. International companies have much more data, can hire more people and often have a much stronger capital position. Major tech giants are expanding Telemarketing Lists around the world and getting bigger and bigger, making the impact of globalization irreversible. However, a development that is only at Telemarketing Lists the beginning of what is to come. In the coming years, there will certainly be a lot more competition from China. Some numbers to support this view: Singles Day (the day on which the Chinese buy gifts to celebrate being single) last November, Alibaba delivered a Telemarketing Lists record amount of approximately 35 billion (!) euros. After a minute and a half, more than a billion euros had already been converted. WeChat now has more than 1.1 billion monthly active users. A number that is still growing Telemarketing Lists every month with about 20 million users. Over 900 million of all users pay monthly through the app. Tencent indicates that it now has Telemarketing Lists more than 1 billion daily users and now realizes turnover of more than 13 billion dollars per quarter. According to the People's Bank of China (PBOC), the transaction volume via mobile exceeded 41 trillion in 2018. The figures for 2019 are not yet known. In 2018 that was already 28(!) times Telemarketing Lists more than 5 years before. In total, more than 60 billion transactions took place via mobile payment platforms in that year. How do you deal with the giants as a retailer? Because international giants such as Alibaba and Amazon will gain more foothold in the Netherlands, it is of great Telemarketing Lists importance to consider how you want to deal with this.