October 2, 2023

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Business is my step

ZongTeng Group Selected as Examplary Small business Circumstance in Cross-Border Ecommerce

4 min read

The organization scenario of ZongTeng Group – ZongTeng Team: Progressing with Time – Strategic Alternatives in the Variable Cross-Border Ecommerce Market – has received the 3rd prize in the 2020 “Excellent Developer of Company Cases” levels of competition. What’s more, it has been held on file in the China Business enterprise Circumstance Heart, which aims to combination organization wisdom and boost the innovation in educating, by the case editorial, Tsinghua University School of Economics and Management (SEM). The prize and archiving of the organization case reveal that ZongTeng Team is extremely regarded in cross-border e-commerce in both equally the small business and academic fields in China.

Introduction to the Award-Winning Small business Situation in Cross-Border Ecommerce

The improvement time period of just about every company circumstance archived by Tsinghua SEM lasts about 6 months. On top of that, very long-phrase monitoring and area surveys of the concentrate on enterprises are required, as properly as compliance with rigid R&D expectations.

The business enterprise circumstance of ZongTeng Group, co-authored by three educators at Minjiang College, will be an example and used for scenario reports in the applied discipline of e-commerce for mastering about industries which include cross-border e-commerce, logistics, and offer chain. The small business situation features a great deal of particulars about the organization history, focuses on critical transitional durations, improvements of the organization design, and main competitiveness.

It’s value mentioning that ZongTeng’s advancement is throughout the total improvement of cross-border e-commerce, setting up from the exploration interval (right before 2014), original start-up interval (2014-2017), fast-growing period of time (from 2018). With the growth, it has attained significantly bigger industry recognition.

In the begin-up period, in contrast to a lot of other rivals based on direct shipping and delivery, the team offered direct shipping or supply from overseas warehouses for localizing warehousing and sales. The latter sort of support has been deemed as the cornerstone in model differentiation and competitiveness. Involving 2014 and 2017, with the comprehensive transformation of the cross-border e-commerce with thorough company updates, legalization of the cross-border e-commerce in China, similar legislation, and polices enacted. Below the increase of import e-commerce, ZongTeng established about checking out import e-commerce in 2014. Having said that, through gross sales data evaluation, ZongTeng Team found that the levels of competition in import e-commerce was intensifying, and increased hazards were being involved than in export e-commerce. That is why it switched the emphasis by generally targeting the export later on and relying on overseas warehouses to provide worth-added providers and encourage the model in abroad marketplaces.

About ZongTeng Team & Important Achievements in 2020

Started in 2007 in Fuzhou, Fujian Province in China, ZongTeng Group was amid the pioneers in cross-border e-commerce. Now, its headquarters is located in Shenzhen. It has reached the GMV of 2013 as just one of the most thriving eBay sellers initially. Later, it has been formulated into a major cross-border e-commerce logistics company with the biggest abroad warehousing area in the earth. At the moment, it attempts to be a primary cross-border e-commerce infrastructure support provider.

Up until now, ZongTeng Team owns abroad warehouses occupying over 700,000 sq. meters, 30 purchase fulfillment centers worldwide, and its once-a-year processing capacity reaches in excess of 300 million orders. There are GoodCang abroad warehouses, YunExpress special line logistics, GoTen Dropshipping System, KUA BEI supply chain fiscal expert services, WorldTech, and so on in its portfolio. Its business enterprise covers most developed international locations – generally in The united states and Europe. In the last 20 months, it has accomplished two funding rounds, correctly attracting funds totaling about 1 billion CNY (about 152.98 USD).

Extremely regarded in cross-border e-commerce in China, goods information on ZongTeng Group arrived incessantly, inspite of the international economic recession in 2020. Additional especially, viewed as powerful and promising, the enterprise secured around 70 million USD in the latest financing spherical. The two highest honors followed the funding success – the group was honored as just one of the leading 500 Chinese enterprises in the provider sector, though its subsidiary, GoodCang won the optimum amount of ranking for logistics organizations in China.

Further Business Expansion with GoTen Dropshipping Platform

As an company that upholds the spirit of exploration and innovation, ZongTeng Team is not complacent about its competitive positive aspects. As the dropshipping organization is expanding in attractiveness, particularly amid the coronavirus distribute, GoTen world wide website less than ZongTeng Group has been rolled out. GoTen.com is a dropshipping platform that flawlessly connects manufacturers, wholesalers, suppliers with retailers for a lot more product sales prospects in mixture with significant facts investigation and ZongTeng’s useful business enterprise assets, offering quickly and free supply from area US/British isles/DE/FR warehouses for gratifying consumers.

Extra importantly, with GoTen.com, dropshipping is extra successful, because online merchants can dropship high-ticket goods, such as big household furniture, kitchen supplies, gardening supplies, business materials, health gear, auto pieces, kids’ toys to stay clear of competing in crowded niches. In this way, they can sell in-demand products and solutions by using advantage of GoTen’s free of charge merchandise suggestions centered on massive details research.

Aside from all explanations over, GoTen.com is regarded 1 of the most effective absolutely free dropshipping suppliers, also for the reason that it delivers totally free sign-up, totally free membership, even bigger discount rates.

About GoTen

GoTen.com is a main dropshipping and wholesale supplier under ZongTeng Team considering that 2007. It gains from all ZongTeng’s supply chain assets, including GoodCang, YunExpress, and WorldTech.

GoTen Dropshipping System delivers on the web vendors on Amazon, eBay, Desire, Walmart, and other online marketplaces with successful dropshipping merchandise of 20,000+ SKUs, quick and free supply from neighborhood US, Uk, DE, FR warehouses.

No membership charges, only minutes to get started out. GoTen makes it much easier for all people to start and increase their online organization.


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