DANIA, Fla., Nov. 19, 2014 /PRNewswire/ -- After Alibaba's IPO in September became the largest in history when the Chinese conglomerate decided to go public on the New York Stock Exchange, many investors were left wondering what to expect from the Asian company and how to invest or partner with the giant that is now offering competition to Amazon and eBay.
Issa Asad's alibabainstantprofits.com is designed to help answer that question – specifically for Western business owners encountering Alibaba for the first time. Mr. Asad is the CEO of Quadrant Holdings LLC, located in Dania Beach, Florida.
Alibaba's swift rise provides such a tool for business owners to reach new customers – specifically, to reach new customers throughout China and Southeast Asia, one of the largest and fastest-growing market regions of the world. Thanks to this powerhouse of built-in consumers, Alibaba is already larger than Amazon and eBay combined, and offers an equally diverse number of business services. With Issa Asad's blog, readers can also learn about:
B2C Opportunities: The Alibaba B2C segment is called Tmall and can help sellers develop new, international channels. Tmall is a unique proposition: It is designed primarily for Western business owners who are interested in selling to Chinese consumers. There is tremendous, pent-up demand among Chinese consumers for many Western goods, and Tmall provides one of the few channels where that is possible. If you have the right kind of online business, there's a good chance you can quickly increase your profit by developing presence.
Costs of Setting Up an Alibaba Store: Like many online aggregates, Alibaba requires you to invest in an online store. The minimum cost for a merchant account and profile on Tmall is $10,000. Additionally, you have to consider how much profit you will make on each item. A certain percentage of profits will be deducted from each sale.
Timeframes and Limitations: As a Chinese-based, international company, Alibaba's process of licensing new merchants takes quite a bit longer than sites like Amazon. You will need to add a couple weeks to certain stages of the set-up process to account for the difference.
Marketing Analysis for Alibaba: While Americans may love the handmade, natural goods found on sites like Etsy, Chinese consumers are in an opposite phase: They love name brands like Nike, Reebok, Polo and many others. If you sell these goods, you have a better chance to succeed.
Investment Potential: Alibaba's NYSE IPO opened up the possibility of investment to many new consumers. Is Alibaba a worthwhile investment, or is it overhyped? What are the long-termed predictions for this company?
If you are ready to make the jump to Alibaba as either a business or investor, be sure to visit Issa Asad's Blog and also read his book "Instant Profits with Alibaba," which can be downloaded on Amazon for free.
SOURCE Issa Asad