在线国产一区二区_成人黄色片在线观看_国产成人免费_日韩精品免费在线视频_亚洲精品美女久久_欧美一级免费在线观看

US EUROPE AFRICA ASIA 中文
Business / Industries

Brands shift to bricks-and-mortar stores

By WU YIYAO (China Daily) Updated: 2015-12-16 09:54

Brands shift to bricks-and-mortar stores

A customer scans a quick code at a bricks-and-mortar shop to place a cross-border online order for goods in Hangzhou, Zhejiang province. [LI ZHONG/CHINA DAILY]

Wang Xiaoting, 29-year-old nurse in Shanghai, was surprised to find out that an online brand she shops with frequently had opened a bricks-and-mortar store in the city.

"I often hear of brands starting online operations and how e-commerce has been taking away market shares from department stores. It is interesting to see the trend in reverse," said Wang.

Wang is not alone. Many consumers have observed that brands which once only sold products on online platforms are now starting to open bricks-and-mortar stores as they wish to expand their business.

In November, Hong Kong-listed New World Department Store China Ltd began operating online-to-offline sales channels with the online fashion brand INMAN in Shanghai. This is also the first O2O integration program between a fashion brand and a listed department store.

One of the major fashion brands by sales volume and number of consumers, INMAN sold products online to some 6 million customers by November, with sales revenue of more than 1 billion yuan ($156 million).

"We seek to expand offline sales to some 10 percent of total revenue by the end of 2016, and 30 percent by 2020," said brand founder Fang Jianhua.

Cooperation between the department store and the online fashion brand is a pioneering model that enables a bricks-and-mortar store to become an effective showroom and change fans of the online brand to foot traffic in a store.

Analysts said that it is a natural trend for brands which emerge and evolve on online platforms to seek more consumers at bricks-and-mortar store.

"Brands that start from online platforms enjoyed the privileges of lower costs and more convenience in terms of starting an e-business than their peers starting from bricks-and-mortar stores, which are required to have more assets and undergo more procedures during registration. However, as brands develop to become famous and wish to win more consumers and market shares, a multiple channel strategy is a must," said Siu Wing Chu, head of retail at Savills China.

Besides providing more direct contact with consumers, department stores, particularly exclusive ones, are also offering other benefits to online brands, such as helping brands to build up an image of reliability, authenticity and quality because exclusive department stores usually do strict screenings of brands before deciding which are allowed to enter the store, said Chu.

Multiple channels are also affecting consumers' habits as they are aware of differences between online shopping and offline consumption, and bricks-and-mortar stores are no longer just fitting rooms or window displays as they were in the past couple of years.

Sun Jingyun, a 22-year-old college student, said that shopping at a department store provides a real-time experience and helps her make proper decisions and reduces impulse buying.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 欧美黄色片视频 | 师生出轨h灌满了1v1 | 国产精品久久久国产盗摄 | 韩国免费理论片 | 1级黄色大片| 日韩在线视频免费 | 成人一区二区视频 | 国产日本在线 | 黄色小视频在线播放 | 久久国产精品免费视频 | 激情网五月天 | 午夜视频网 | 成人免费高清视频 | 精品欧美一区二区三区久久久 | 黄色三级大片 | 免费观看av网站 | 天天操夜夜爽 | 国产精品视频免费 | 亚洲人成在线观看 | 日本不卡在线视频 | 欧美黄色片视频 | 日本www视频| 欧美专区在线 | 国产中文一区 | 嫩草视频在线观看 | 在线观看国产一区二区 | 中文在线永久免费观看 | 青青草福利视频 | 草草视频在线 | 天天爽夜夜爽夜夜爽 | 九九热在线观看视频 | 亚洲午夜精品 | 天天视频国产 | 性色av一区二区 | 欧美在线 | 黄色小视频在线观看 | 日韩欧美激情 | 中文字幕日韩视频 | 噜噜噜在线 | 日韩精品一区在线 | 日韩欧美网站 |