100 MILLION USERS IS THE TIP OF THE ICEBERGPlus 1000 Outplacement Agencies.
BEYOND remittance, I'm seeing E-comm possibilities. Businesses that operate out of China can sell in China and vice versa.
WeChat is massive and who knows how many users they have outside of China but I'm guessing at least 200 million or so.
This is a very impressive deal by FGD on many levels.
Andre Itwaru is clearly adept at stickhandling through geofinanpolitics.
This company is for real and This partnership with LianLian only serves to cement that conclusion.
A push/pull marketing program will be used whereby LianLian will promote the service to its approximately 100 million plus registered users and its merchant partners. LianLian will also roll out a full-on marketing campaign among more than 1,000 outplacement employment agencies to inform targeted immigrants of the value of the service. |||||||||||||||||||||
WeChat eCommerce is booming. WeChat gives an opportunity to set up a store inside the app and sell products inside the platform. With the rising popularity of WeChat, there are a lot of advantages for brands selling online. Here are 8 insights about the WeChat app and its possibilities:
1. WeChat offers its own payment system. WeChat wallet allows customers to shop on the app and buy products with just one click. The app offers Quick Pay, QR Code Payments, In-App Web-Based Payments, and Native In-App Payments to serve different the needs of users. WeChat Pay is the best option for mobile payments in China.
2. Cross-border set up is not a problem anymore. Businesses that operate outside of China have an opportunity to sell in China. WeChat Pay offers settlement across major foreign currencies. Users pay for their products in CNY, but the transaction will be settled in a foreign currency.
3. WeChat users purchase products through these sources: eCommerce platforms within WeChat, WeChat service accounts, group chat/ friend’s moments and links to web/app pages. As a business operating in the Chinese online market, it important to be present on at least one of these sources on WeChat.
4. One of the outstanding features of WeChat e-commerce is promotion campaigns. They are effective and convenient, since most of the customers are in WeChat ecosystem. Marketing is an essential part for WeChat eCommerce.
5. Exceptional customer service feature is offered by WeChat eCommerce. Customers are able to ask questions and discuss their concerns with a touch of the screen. All the feedback comments will be delivered to business’s public account. This is one of the easiest and fastest way to communicate with customers. With this ease of accessibility though, is the expectation that the CSR is delivered.
6. WeChat eCommerce gives an opportunity to identify buyer persona for a brand. Since businesses will be able to track who is following the account, it is possible to learn subscribers buying habits. This information is useful when creating marketing campaigns or setting up promotions.
7. WeChat eCommerce offers real social CRM. In China, people are more likely to use chats for communications rather than email. WeChat allows the opportunity to chat with customers and improve relationships with them. Moreover, international brands can reach to subscribers and raise brand awareness as well as educate them on the products.
8. WeChat eCommerce could be tailored to any business needs. Brands could be personalized through creating custom WeChat eCommerce pages. Furthermore, since e-stores are hosted inside of China, they will have fast loading times in the Chinese market.
Beijing-based Web Presence In China (WPIC) is an independent, full service digital marketing and IT development agency. WPIC helps businesses setup and manage WeChat online stores. Having over 13 years of on the ground experience in the China digital sector, the firm has worked with over 300 global companies and leads a team of 120 people between their global offices. WPIC supports China and the greater APAC region in digital and IT solutions.