The mission of
Alibaba Group is for them to transact their business everywhere (worldwide) at
anytime. The founding fathers started the company to make small business owners
flourish using the Internet because they believe that the Internet will create
an enabling environment for small enterprise to operate with the same level of
innovation and technology so as to grow more effectively to compete on a local
(Domestic) and global economy level with the mega business players.
The Alibaba Group
was created in year 1999 by eighteen different business Moguls that was lead by
one of the finest Chinese business top executive called Jack Ma, He was a one
time English teacher that originated from Hangzhou, in the people Republic of China.
It started as just a small Internet (online) marketplace that deal on wholesale
products traded by little (small scale) Chinese manufacturers(exporters) and
business entrepreneurs, to reach the world market.
The founder Jack Ma
carefully chose the name Alibaba because it is very easy to pronounce and
remember by different ethnic groups, it is a familiar name around the world,
and since the e-commerce is global it became a necessity to use a name that is
recognized worldwide. Alibaba is symbolic to "Open Sesame" which give
a sense of Representation of what the Alibaba Group platform is all about, the
Alibaba platform is an open gateway of wealth for both small and big
businesses.
The main executive
and operational offices of the Alibaba Group are located in the heart of the
xixi District in Hangzhou, in the people Republic of China.
The Alibaba Group
coperate campus is situated in the heart of xixi district in Hangzhou, China
and is currently not open to the general public.
The Alibaba Group is
maintaining 126 offices as of 31st March 2015 in the mainland of China and also
29 offices that is located outside the mainland of China.
The Alibaba Group
have employed 34,985 employees as of March 31st 2015 all of which are working
full-time.
WHAT ARE THE CAREERS AND JOB OPENING AVAILABLE IN ALIBABA GROUP?
to learn more about alibaba Group follow the link belowJob Opening Link
The Alibaba Group is
Aspiring to be a cooperation that will create value for its society. They are
highly involve in projects that are substanable. to acquire more information
please visit their sustainability page.
The Alibaba Group
and its related companies have a joint venture of operating an ecosystem where
both the online and the mobile commerce (small and medium to large scale)
businesses can take advantage of it and leverage the enormous power of the
modern day Internet to create, nourish and grow their various businesses and at
the same time meet enormous consumer demand with the right quality, quantity at the right time.
Ever since the inception of the company, the Alibaba Group and all its other affiliate companies have been highly developed and flourish (expanded) rapidly to operate and handle a wide range of Internet focus and oriental business in the retail and wholesale level as well as sophisticated online payment system and its cloud computing services.
Ever since the inception of the company, the Alibaba Group and all its other affiliate companies have been highly developed and flourish (expanded) rapidly to operate and handle a wide range of Internet focus and oriental business in the retail and wholesale level as well as sophisticated online payment system and its cloud computing services.
The consumers of
Alibaba marketplace is made up of sellers and buyers. They observe, choose and
transact business with each other online. With the company platform buyers have access to the
marketplace free without any charge. The buyers referred to here are those
customers who use the online retail marketplace to buy products at anytime from
all over the world as well as the wholesale business entrepreneurs who are
using the wholesale marketplace to purchase products for resale or for use in
their individual businesses.
The sellers are using the Alibaba marketplace to establish their presence online by using the Internet to market their products and services to billions of consumers (buyers) and other businesses. The various sellers include wholesale, companies brands, small and large scale manufacturers and retailers.
The Alibaba Group also provide state of the art cloud computing service to a large number of customers which include merchant that are transacting business on their marketplace, business app developers, systems integration and the entertaining digital companies.
The sellers are using the Alibaba marketplace to establish their presence online by using the Internet to market their products and services to billions of consumers (buyers) and other businesses. The various sellers include wholesale, companies brands, small and large scale manufacturers and retailers.
The Alibaba Group also provide state of the art cloud computing service to a large number of customers which include merchant that are transacting business on their marketplace, business app developers, systems integration and the entertaining digital companies.
Giving the scale the
Alibaba Group have been able to accomplished, an ecosystem was developed around
their platform, which consists primarily of buyers, sellers, strategic alliance
partners, third party providers, and investments companies.
The platform and the administrative role they are playing in connecting the sellers and the buyers and establishing an avenue for the companies to do business anywhere and anytime is being linked and done in this ecosystem. The much of the time, energy and effort spent on new enterprise are for the greater good of the company ecosystem, and other business participants in it.
The company have a strong responsibility towards the continued development and growth of the ecosystem and have already taken ownership of the present and future innovation and development of the ecosystem. Accordingly it is being refer to as the "Alibaba Ecosystem".
The platform and the administrative role they are playing in connecting the sellers and the buyers and establishing an avenue for the companies to do business anywhere and anytime is being linked and done in this ecosystem. The much of the time, energy and effort spent on new enterprise are for the greater good of the company ecosystem, and other business participants in it.
The company have a strong responsibility towards the continued development and growth of the ecosystem and have already taken ownership of the present and future innovation and development of the ecosystem. Accordingly it is being refer to as the "Alibaba Ecosystem".
The company have primarily monetize their China retail marketplace (Tmall.com, Juhuasuan and Taobao Marketplace) through Internet (online) marketing services (e.g Display marketing, placement services, pay per performance and the Taobao marketing program) and the commission on various transactions.
As for the wholesale marketplace they derive their revenue by charging memberships fees and value added services. Other revenues are also generated from their cloud computing service and their Internet infrastructure program maining from the on time and usage policy of cloud computing program.
The Alibaba Group
growth strategies are as follows:
To increase the
active number of buyers on the marketplace and the individual wallet share of
their existing customers.
To develop (create), encourage, and advertise additional (extra) products and services, class (categories) and offerings.
To advance their
mobile leadership in other to become fundamental and important to the everyday
lives of their customers.
To develop and
expand the success of their broad database of sellers that are transacting
business in their marketplaces.
To develop the data
and technology of their cloud computing services.
To enhance the cross
border opportunity on the Commerce sector.
P4P stand for pay
for performance marketing service and is a type of marketing services the
Alibaba Group offer its sellers on
their marketplace where different sellers bid for competitive keywords listings
that match their products and services in search queries and browser results on
the CPC (cost per click), at a set price established by their online auction
program,
It help to distribute fair prices in the entire market bidding system. The Alibaba Group "pay for performance "marketing service are rendered both in their marketplaces and also through a third a third party affiliate marketing.
It help to distribute fair prices in the entire market bidding system. The Alibaba Group "pay for performance "marketing service are rendered both in their marketplaces and also through a third a third party affiliate marketing.
The
sellers selling on Tmall.com
and also on Tmall Global are charge commission based on a Predefined percentage
(amount) of GMV for all the transactions that are being carried out by Alipay
payment system but varies by different products category, it normal
predetermined range is 0.3% to 5%.
The sellers are also charged in advance a Predefined service fee annually that is up to 100%, but can be refunded back to the seller account depending on the volume of sales accumulated by that seller on a yearly basis, also the whole sellers operating on the Alibaba Ecosystem are required to pay a Predefined amount of fund called the security deposit that protect the consumer against counterfeit products and mishandling under the consumer(customers) protection program.
The sellers are also charged in advance a Predefined service fee annually that is up to 100%, but can be refunded back to the seller account depending on the volume of sales accumulated by that seller on a yearly basis, also the whole sellers operating on the Alibaba Ecosystem are required to pay a Predefined amount of fund called the security deposit that protect the consumer against counterfeit products and mishandling under the consumer(customers) protection program.
Post a Comment