Alibaba is making focused efforts to draw European SMEs. In accordance with the corporate itself, it has been profitable: the variety of SME consumers from Germany has elevated by 14 % previously six months. Moreover, increasingly more British SMEs are utilizing Alibaba.com as their procurement platform.
In direction of the top of its annual March Expo, Alibaba.com’s flagship on-line commerce present, the corporate reported robust enterprise purchaser demand from each German and UK SMEs.
Extra environment friendly and cost-effective
In accordance with Alibaba, SMEs are in search of methods to make their procurement processes extra environment friendly and cost-effective. “They’re dealing with challenges resembling macroeconomic stress, disruptions within the provide chain, and points in provider relationships.”
On this quest, many German firms flip to Alibaba, the Chinese language ecommerce big says. The variety of lively SME consumers is 14 % greater this month than in September 2023. The press launch doesn’t point out what number of German small and medium-sized sellers are actually lively on Alibaba.com.
Alibaba additionally recorded a “optimistic rise” within the variety of lively B2B consumers from the UK at this yr’s March Expo, with out specifying vendor numbers or progress percentages.
Shift to digital procurement channels
In accordance with Alibaba, the rise in SME consumers displays the final shift to digital procurement channels, which Amazon in Europe additionally faucets into. Alibaba’s not too long ago launched ‘B2B Sentiment Survey’ discovered that 52 % of German SMEs now make on-line purchases on B2B marketplaces. In the UK, that share was 51 %.
Most German and British SMEs buy on marketplaces.
Jijay Shen, Common Supervisor Europe for Alibaba.com, states that on-line B2B marketplaces make cross-border sourcing “simpler than ever earlier than, enabling SMEs to discover alternatives to search out new merchandise, mitigate the chance of their provide chain, and drive margin on the click on of a button”.
Alibaba.com in France
Alibaba.com can be actively focusing on consumers in France, the third largest ecommerce market in Europe. Earlier this yr, it launched a partnership to advertise French SMEs with authorities company Enterprise France.
