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Archive for March, 2011

1, customer information

Love underwear brands include:
China’s underwear market is brand awareness and market share of live market similar products first.
Love the beginning of 2008 to open up online sales channels, market performance so far is ahead steadily

2, the implementation process

The underwear industry, category, style and size complex with the explosive growth of online orders, love is an urgent need to integrate an online business back-end business management system.

Rich Friends of the software needs based on love, respectively, through the order, members, warehouse, internal personnel, money, love the background of several aspects of management to achieve the optimization.

The orders for excessive levels, system failures before the issues have been completely resolved. Friends of the software with rich Taobao docking software to manual and automatic manner, according to the status of orders fast to download to a local Taobao order to avoid manually enter orders, resulting in the order delay and error handling.

3, the results are

Love shop currently operating in good condition to ensure that customer orders can be completed under the orders processed within the same day, so that goods arrive in the hands of consumers, increasing customer satisfaction.

Love the person in charge said that the Friends of the software not only provides rich software, and “Friends of the rich software currently has permanent employees of our company, to teach our employees how to use the new system.” We believe that with the help of rich friends love the e-commerce software business will be better and better!

4 Testimonials

We used to order processing and shipping mistakes made frequent omission of the phenomenon, use rich friend e-commerce management software system, in order processing and delivery several times more than previously the case, not only greatly reduce the error rate and reduces the staff use.

Experience in the stock price after a period of downturn, Mecoxlane heavy news release.

Am Beijing time on March 2, McCaw said Lin, Sina (Nasdaq: sina) and China Dongxiang (3818.HK), a subsidiary have been agreed, the two sides from the two major shareholders Mecoxlane Maxpro Holdings Limited and Ever Keen Holdings Limited acquired Mecoxlane stock.

Among them, Sina will purchase 76,986,529 shares of common stock (equivalent to 10,998,075 shares of ADSs), representing approximately Mecoxlane 19% of the issued; China Dongxiang will acquire 40,519,225 ordinary shares (equivalent to 5,788,460 shares of American Depositary Shares), Mecoxlane issued about 10%.

Purchase price for the 0.8571U.S./ Common shares, each American Depositary Share is equivalent to $ 6.00. According to data provided by Google Finance, March 1, to close at $ 5.68 Mecoxlane / American Depositary Shares.

This calculation, Sina and trends will be sold to McCaw forests cover about 66 million shares and about 35 million U.S. dollars to the price.

Quartet win

“Tripartite talks for only 1-2 months, can be said to hit it off.” Macaulay said Lin Chun CEO Gu prepared.

Gu Chun will be prepared, “Sina + trend” with “electronic + commerce.” “Do online sales, media resources, and product resources in these two areas is very important.” Gu said Mecoxlane needed in both directions for more convenience.

Analysys think tank’s data show that in 2010, the Chinese online advertising market size as 27.52 billion yuan, up 76.6% over 2009. Among them, the power to do a significant contribution to commercial enterprises. To Mecoxlane example, the March 2 release of the earnings reported in 2010, with the increase in network traffic, network marketing costs are also increasing, McCaw cost of goods sold in the forest to reach $ 132,600,000, an increase of 36.7%, accounting for full year 2010 revenue of 58.28%.

But it also became Mecoxlane decrease in gross profit as a reason. The year 2010, gross margin was 41.7% Mecoxlane, down 45.4% in 2009.

“Electronic Commerce industry is not too hot, there are a lot of money inside to drop, online media resources become very sought-after.” Gu analysis prepared by the spring, so that media cooperation with Sina, “just make a Mecoxlane a lack of” help access to the Internet traffic in Mecoxlane and advertising windows.

Mecoxlane started to build since 2010, online platform for fashion department store, is still focused on “women’s fashion”, sports, leisure class, almost no women involved.

Preparation of the spring, according to Gu said McCaw forest and trends has the intention to set up a joint venture to develop network for wheat sales in the sports, leisure clothing.

The shares Mecoxlane, Matrix Partners Partner Shao Yibo that “Sina account for a deal.”

Recently, Sina, Sohu, Baidu, Taobao and other Internet giants join buy the business, the industry as “the flow of cash in the process.”

Sina CEO Charles Chao believes that “the next decade will be China’s Internet e-commerce growth engine.” The Sina shares Mecoxlane only the first step in electronic business market, said Charles Chao, Sina taking into account the huge base of users and traffic, Sina also want to explore other ways to directly participate in electronic commerce.

Trends in e-commerce is also an urgent need in China “exports.”

In 2010, with operating Kappa known Chinese trends, evident signs of slowing growth. November that year, China Dongxiang orders at the second quarter of 2011, order intake increased by only 2.8%, and from 2008 to 2010, second quarter orders were made the amount of 50%, 31% and 22% growth. And can refer to that e-commerce company Li Ning has done wind and water.

Analysys International believes that Mecoxlane operational entities in e-commerce is a long term, trends in clothing sales agent in China or even product development in the long term, and Sina in network marketing, communication has advantages, this transaction makes the “three long-term collection of well. ”

And behind this transaction, but also stood a “low key” winner. Whether Maxpro or Ever Keen, are wholly attributable to Sequoia Capital, which makes Sequoia opportunity to obtain an exit.

According to press a rough calculation, Sequoia in the transaction about 1 billion dollars in cash, McCaw still holds about 34% stake in forest, the forest is still the largest shareholder of McCaw. In fact, Sequoia forest projects in the McCaw invested a total of only about 8,000 million U.S. dollars, even without including the time of its IPO in Mecoxlane part of the shares offered for sale, now has back to this.

Preparing for e-commerce

The end of 2010, just listed Mecoxlane suddenly confronted the U.S. investor class action, which also makes its share price from the highest drop of nearly 20 U.S. dollars to the single digits.

Up to now, the appointed lawyer Mecoxlane also communicate to litigation.

Then, choose this time to publish this transaction, it help to reverse the current situation Mecoxlane?

“As management, capital markets, I am not an expert, my starting point is good for the future development of the company.” Gu prepared spring that “the result will naturally be good.”

Previously, a McCaw original Gu Chun Lin prepared a “24-hour shopping circle model”: the online + offline shopping channels, consumers will form a “hunting” of the situation, a “24-hour commercial retail companies.”

In 2009, McCaw forests are expanding rapidly line store, planned to develop 2,000 stores in 3 years.

But Mecoxlane line store performance is not exciting, or even become stagnant revenue growth. According to the 2010 financial report, the line joining the Direct and total revenue of 48.8 million U.S. stores, with 48.3 million dollars in 2009 unchanged; However, in 2010, only the average number of stores to 99 from 2009, increased to 304.

Gu prepared in the spring seems to make the deal this time, the electric provider for Mecoxlane business is “Last Stand.” Right now, the domestic electricity business competition has made him feel, “the industry, only the boss, not her second child.”

SAN by the Internet Society of China jointly hosted the second session of the 2010 Investment Fair in China’s Internet trading July 2 -4 at the Shenzhen Convention and Exhibition Centre. SAN broadcast live as a special portal in the meeting.

The picture shows the Analysys International Electronic Commerce Center General Manager Feng Yang Song Advisory.

Following is the speech Record:

Dear Sun Director, Feng Director, distinguished guests, guests, I am very honored to have such an opportunity, in large networks to share with you inside the Fair occasions, Analysys International, the views of some of the e-commerce. Director Feng has just heard the explanation, I really was inspired. Director Feng sermon, I can only talk about the road.

The first view from the industry, the second a look at the opportunities and challenges them, and more from the perspective of e-commerce, and the third share with us, business e-commerce strategies, systems, operations .

Now enter the first step, we speak of the third wave of e-commerce, what is the third wave? We saw some great features first, in the streets, all the companies are talking about, e-commerce have anything to do with us, the traditional business, the rise of online retail; business integration, the combination of e-commerce, B2C, C2C, etc. how to boost development of electronic commerce. So we think that the third wave of e-commerce is just beginning, just kicked off. What is e-commerce, easy to see how the concept of e-commerce. Is from the narrow perspective of e-commerce, we are seeing more of a platform for B2B, B2C platform, C2C platform, basically you can see, I do not pass this business platform, or through the platform at the same time, through the B2B platform, and we believe that the data from the U.S. point of view, there is a very large scale. This is the understanding of e-commerce. Besides the broader e-commerce, e-commerce is not just ESERVICE, he will manage your business services, financial management, from the Government, the banks work to build a base layer. So I think this is a broad scope and definition. Here we look at the network business, 2009 Analysys International’s industry revenue, not including the throat total of 91 billion of revenue, while the figure can be seen from the right, combined with related data, business-related Internet users use the growth rate This can be from another level, the era of the Internet to online retail. Just talked about B2B, etc., see the scale, from the pattern, B2B Alibaba industry last year, the growth of the B2C is more than 190 million, C2C, are increasing the number of annual growth. Retail is the fastest growing, most attractive market. , Although the scale, his scale is still relatively small. E yesterday, today and tomorrow, although we can not accurately predict the next three years, e-commerce market, the point scale of e-business opportunity has come. Let us look at the third wave of online retail, we saw just about 2000 C2C, which is the source of the page. If this trend as we look sideways, we believe that e-commerce will be extended to or is being extended to broadband Internet to the mobile from the Internet, including today, we know things, while the more traditional telephone, In this site , still can produce e-commerce opportunities. The second is from industry, business, and his development, they also provide a very important role, they will go to various industries. 3C, clothing, finance, insurance, insurance is already a major financial sector, he has been studying closely the development of e-commerce. Mobile Internet is still a preliminary import market, how to cut into the mainstream application market, how to integrate attention to the resources and capacity to pay business model innovation? How to build scalability mode? These are all issues to be addressed. Network dimension, with the optical system, customer advantage, electronic commerce will face a new incremental market, the size of his face, there are some 174 million television households, covering TV terminal about 2.6 million, but according to radio and television, national The current deployment, the next three years, all television will be revamped.

In the industry, but also spoken. In e-commerce, the is just beginning. It is easy to view a number of foreign companies under the order, plus we saw traditional brand manufacturers in the online retail market chain retailers have accounted for half of this is China’s future development pattern of it? Most Korean companies are B2C e-commerce businesses. We have reviewed with you a simple e-commerce trends, wave. Secondly, e-commerce opportunities and challenges. If the online retail apparel, 3C, where the 3C product market as a ratio, which we see tremendous growth in his room, including his products today account for 17.5% of all, he absolutely can not be ignored. 3C into the PC, the brand manufacturers 8% from the previous three years later he might reach 20%. In April, Analysys International, an internet forum for online retailing, when Lenovo, Belle, Li Ning and so involved, and we just talked about the great participation. From the general business terms, follow the trend, follow the difference, while his strategy as a response to competition or growth. So from the perspective of the opportunities, Analysys believes that e-commerce as an innovative opportunity for its fundamental value or is for the companies growth and sustainable development provides a possible opportunity. This is the enterprise from the horizontal development of new products, the vertical axis is the market development, the lower left corner from the stock, I got it from my website and so on, as my existing customers to provide true service platforms, and the right to develop new products that I to platform-centric operations, I can sell my platform completely new product, and even I can integrate products. The upper left corner is his market development, including our just said Taobao, pat and so on. So he is a sales center, we can look at Lenovo’s example, positioning an e-commerce, customer-centric business, P & G is to enhance customer value as the core, how to share their hard work, understanding of customers; Nestle, he can with an independent Web site, he provides not only food tips, he also provides a way of life; Lenovo’s business processes, today I was online PC Taobao, send pie, my network of distributors all future , should occupy most; peace, to platform-centric operations, there is cross-industry chain integration services market opportunities expand, and this is his greatest charm, from here, peace do more than just financial, he did the health management services.

Just said is an opportunity now to share a simple challenge. The challenge of foreign enterprises, on the one hand he is very good opportunity, on the other hand, I think we also want to consider why today’s traditional businesses, there will be relatively large behind overseas. Only in this way we can know where our problems, we can think of ways to deal with. We are talking about, one example, the domestic development of the Internet features and the layout of his features, with foreign at least two different points. First, the uneven distribution of Internet users in China, because he controlled the north wide, he needs to logistics, not just the information industry, as well as pure Internet companies in the logistics and distribution; third, a feature of Chinese consumers, 4C value recognition focused on the Cost, cheap, free, and it is this problem, so why e-commerce is no way to show his superiority. I have the challenge of e-commerce, multi-network, multi-platform, you compete not only upstream, downstream, and your channel, the channel sometimes you also your competitors. Track changes in consumer shopping habits and the challenge of Internet marketing, we give Suning and Jingdong comparison, today the biggest challenge for traditional enterprises, the enterprises of the shopping is concerned ATTENTION, I returned to search for a second, third can PURCHASE, this last is his to buy online, and this is his last embarrassing place. We say that e and business challenges, how do you back. Finally, we put business e-commerce strategy, business, operations to share, let’s put aside e-commerce, we believe that strategic management, we present an entrepreneur need to consider each problem, where several aspects are considered, 1, The ultimate goal of every enterprise is his target, design, positioning, and the third is to provide value and achieve business growth, there are many roads, how do you monographs; 5, all of our development is a dynamic, how do you see a change? Knowledge of how to deal with this change, so the combination of e-commerce, our business should consider the problem from the perspective of growth, e-commerce is not a business growth and an opportunity for sustainable development; e-business focus to provide what the customer value; from creating customer value to the enterprise e-commerce growth path, and positioning of many possible options, monographs is to “do something”, it depends on how we approach strategic choice talent. From do it or not, to what to do, to how to do? We want to build a competitive, the marketing power of the platform, is definitely not that pretty, put all the technical to the technical developers. From the application level, we Analysys help companies do is the whole process of customer experience management thinking, what is the target bit-oriented business from potential customers – for the first time use – continued use – recommended sharing, which requires the user needs What we can do easily view, what factors are promoting him to the next step of the key, the key of this there is no short-board, if no efforts to do so. We are a strategic level, system level, operating level of these three levels of development. We very much hope to e-commerce enterprises in the road when the concept of how to help you easily create beautiful day of e-commerce.

Moderator: Thanks to his wonderful speech, we look at how companies view the future of Tencent, there you Tencent Senior Vice President, General Manager Mr. Liu Chunning pat network, integration of the Chinese e-commerce industry.