BEIJING, Feb. 21, 2017 /PRNewswire/ -- 26 year-old Chinese entrepreneur Johnny Zhang, a top DHgate seller, accompanied DHgate founder and CEO and Chinese APEC Business Advisory Council (ABAC) member Diane Wang to the ABAC Bangkok meetings this week, to together address a crowd of Thai government officials, ABAC representatives, and over 300 Thai entrepreneurs and small- and medium-sized enterprises (SMEs) regarding the emerging trend of Digital Trade, which is a new driving force for economic growth. Their presentations emphasized that digitalization is the new engine of the global economy. Mr. Zhang's story highlighted the success of digital platforms as an enabler of entrepreneurship, and as proof that thriving digital trade has created an unprecedented opportunity for SMEs to achieve overseas expansion.
Digital Platforms: An Engine for Economic Growth
Ms. Wang emphasized that digital trade platforms bring new opportunities for SMEs to expand into overseas markets and that digitalization is rapidly integrating smaller economies into one large global economy that makes foreign market expansion, what was once an unthinkable possibility for SMEs, into a reality.
Ms. Wang emphasized 3 important points:
- Firstly, digital trading platforms give SMEs access to global markets, bringing a seamless connection between enterprises and overseas buyers, and increased efficiency of trade and services.
- Secondly, digital trade platforms provide convenient internet finance services, solving the problem of capital flow for enterprises by providing them with convenient short term financing solutions based on big data with no collateral or guarantor required.
- Thirdly, digital trade platforms make the international transaction process less complicated and save costs for SMEs, allowing the owners of the SMEs to focus on their core business and bring more value to clients.
In conclusion, the digital platform strategy is becoming an indispensable tool for SMEs to use to develop their businesses, and it's a decisive factor for SMEs to enter overseas markets successfully.
Success Story: Highlighting the Promise of Digital Platforms
Johnny Zhang is the winner of DHgate's Global Dream Partner Project, which was a campaign run by DHgate to identify the most motivated and talented entrepreneurs running businesses on their platform. Johnny's brand, called ETMAXTER, sells their own models of consumer electronics products, headphones, phone chargers and phone cables.
In July 2015, Johnny attended a seller training hosted by DHgate and immediately decided to register a business on DHgate.com. He used training provided by DHgate, followed the platform rules, and even used DHgate's internet financing solution to receive a loan based on big data which he used to scale up his operation. In just 2 years, DHgate's services empowered Johnny to go from an unexperienced college graduate to a successful owner of a global business.
"As a graduate with zero experience, running an online business through DHgate's 1-stop service platform was the perfect opportunity; it allows SMEs to quickly reap the benefits. However, without platforms like DHgate, SMEs like us would not exist at all." -- Johnny Zhang, founder of EXMAXTER
DHgate.com is the first to market and the biggest B2B transactional cross-border e-commerce marketplace in China, aiming to provide global buyers with quality products at competitive prices. Founded in 2004, DHgate.com has approximately 10 million global buyers from 230 countries and regions, with 1.4 million global sellers offering 40 million products. DHgate.com's business enables buyers to directly access global manufacturers of the world's top brands with rich product selections. DHgate.com is an all-in-one platform with integrated services for international logistics, cross-border payments, internet financing, etc. DHgate.com's US, UK, Spain, and UAE product distribution warehouses allow for 24 hour delivery and convenient product returns & refunds, bringing great convenience to buyers at http://www.dhgate.com.