Yiwu bosses flock to Alibaba International Station: the number of new merchants has increased by 77.5% since April

"On my street, I can find more than a dozen bosses who have started working on Alibaba International Station in recent years." Chen Jinbao, the founder of Yiwu Dofu Artificial Flowers, who switched to foreign trade after working in domestic trade for nearly a decade, told reporters that recently the atmosphere among his friends to work on Alibaba International Station has suddenly become stronger.

The data from Alibaba International Station confirms Chen Jinbao's statement . Since April 2024, the number of new merchants in Yiwu on the International Station has increased by 77.5 % year-on- year .

Xu Yan, president of Yiwu Cross-border E-commerce Association, also clearly feels that the overall cross-border atmosphere among Yiwu bosses is now stronger. According to the "Yiwu Overseas Industrial Belt Map" released by Alibaba International Station and Yiwu Cross-border E-commerce Association, the towns and streets where local businesses gather can almost be said to have become "International Station Towns" and "International Station Communities".

"Like Futian District 3, where scarf merchants gather, and Xingzhong Community, the first choice for jewelry owners, not to mention Beiyuan, which has a strong e-commerce atmosphere." Xu Yan told reporters that merchants in these places are starting to do business on Alibaba International Station in large numbers.

The motivation behind this is that the AI ​​foreign trade tools and semi-hosting services launched by Alibaba International Station in recent years have greatly reduced the difficulty for Yiwu bosses to switch to foreign trade.

At the 2024 Cross-border Zhejiang Businessmen Conference held on May 16 , the Zhejiang Provincial Department of Commerce and the Yiwu Municipal Government also launched the "Vibrant Zhejiang Businessmen Overseas Efficiency Guarantee Plan" with Alibaba International Station, providing Zhejiang businessmen, including Yiwu merchants , with a service system that provides certainty in business opportunity guarantees, transaction efficiency improvements, and talent delivery , to support them in further developing digital foreign trade business .

(Photo: Zhejiang Provincial Department of Commerce, Yiwu Municipal Government and Alibaba International Station released the "Vigorous Zhejiang Merchants Overseas Guarantee Plan")

In fact, it was after Chen Jinbao tried Alibaba International Station that he discovered that even if he could only say three sentences of English, " Hello " , "OK " and " Goodbye " when speaking to foreigners, he could still get orders from foreigners with the help of the AI ​​tools of the International Station and even achieved an export volume of 20 million a year .

Chen Jinbao said that he now uses the merchant version of Alibaba International Station as a translation software. Last week, Chen Jinbao was on a business trip on a plane and sat next to a foreigner. He wanted to "strike up a conversation" to see if there was any business to discuss. He opened the merchant backstage of Alibaba International Station, entered Chinese characters and translated them into the corresponding foreign language in real time, and then he started chatting with them . Chen Jinbao said: " The accuracy rate is almost 99.99 %. "

(Photo: Yiwu Duofu Artificial Flower Alibaba International Station Store transformed from domestic trade)

At the same time, B2B foreign trade is a business with high profits, high repurchase rates and fast cash collection. Chen Jinbao has always lamented: It was only after switching to B2B foreign trade that he found that doing business was really "fun", so once the threshold was lowered, Yiwu bosses with a keen sense of smell naturally flocked to it .

Feng Junfeng, another Yiwu foreign trade boss who specializes in jewelry, switched from traditional foreign trade to Alibaba International Station. He told reporters that in the past, when doing traditional foreign trade, he had to advance the funds himself, which was very risky . "At the most, I had to bear 60 to 70 million yuan in payment for goods. The pressure is still suffocating when I think about it . " It was the experience of advancing huge amounts of funds that made him feel that "business cannot be done this way."

At this time, Alibaba International Station's comprehensive digital foreign trade services just met his idea of ​​what a good business should be like: fast capital turnover, cross-border logistics capabilities, and the platform can also help solve language problems.

Now 80 % of his customers come from Alibaba International Station, and they have used Alibaba International Station's AI foreign trade tools and joined the new semi-hosting model.

(Photo: Feng Junfeng, General Manager of Yiwu Canyuan Import and Export)

In fact, the current annual online transaction volume of Alibaba International Station is nearly 50 billion US dollars, and the scale of B2B exports supported by Alibaba International Station has reached 350 billion US dollars , becoming the main track for SMEs to go overseas. In less than half a year since the launch of Alibaba International Station 's AI foreign trade tools, 17,000 SMEs have subscribed to use them, and the overseas search volume of AI-optimized products has increased significantly by 37%.

On this basis, Alibaba International Station further launched semi-hosting, using the platform's accumulated cross-border logistics and financial service capabilities to help merchants provide a deterministic experience, greatly lowering the threshold for participation in foreign trade.

The "Yiwu bosses" are seizing new opportunities and rapidly opening up larger overseas markets.

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