November 18, 2014, Shanghai – eBay, a global commerce platform leader, and Winit Corporation, the total solutions provider for the cross-border e-commerce industry in China, signed a strategic agreement today to jointly provide comprehensive warehousing services tailor-made for eBay sellers. The partnership will further enhance the conduit between Chinese products and overseas markets, while greatly improving the cross-border shopping experience, and elevating Chinese sellers’ “local competitiveness” in buyer destination markets.
Winit will provide eBay sellers with a one-stop, cross-border supply chain solutions, supported by overseas warehousing, big data and a focus on optimizing buyer experience. Sellers can enjoy full-package services ranging from international shipping and overseas warehouse management to last-mile delivery. In addition to the end-to-end transparent tracking system, value added business consulting services based on big data will also be available to sellers, including inventory management and business expansion.
John Lin, Managing Director of eBay Greater China, said, “Leveraging our unrivaled global advantages, eBay continues to invest in enhancing retail exports from China, offering an improved and localized shopping experience that connects Chinese sellers and global buyers. Our commitment is aligned with Winit’s focus on efficient and steady supply chain management. We believe that with the benefits of comprehensive warehousing services, Chinese sellers can play a more important role in global trade and enhance consumer selection worldwide.”
“The industry’s booming development is calling for stricter demands of supply chain-related services, and high-efficiency logistic services will be a key factor in the competition of cross-border trade,” said Andrew Yang, Chief Executive Officer of Winit Corporation. “By optimizing overseas warehousing and operation management, we will help eBay sellers integrate online trade with the offline cross-border supply chain, and shift the logistics disadvantage into ‘local competitiveness,’ offering a simpler, more efficient, convenient and cost-effective trading experience for both sellers and buyers.”
The “ship first, sell later” model of overseas warehousing has transformed traditional cross-border logistics. It also provides a level playing field for Chinese sellers to compete with overseas counterparts by improving delivery efficiency and quality, and optimizing the return and exchange experience. According to eBay’s internal data, in the United Kingdom, 79 percent of products shipped from overseas warehouses can be delivered to consumers within three days, and 95 percent within five days.
Overseas warehousing not only ensures steady product supply, but more importantly, allows sellers to expand their product offerings to meet consumers’ diversified demands. This improved retail shopping experience contributes to more business opportunities in the categories of Home & Garden, Parts & Accessories and other large and heavy products.
The overseas warehouse model is only possible with accurate analysis of market trends, regional characteristics and consumer demand using big data. Winit seamlessly integrates its supply chain platform with users’ data systems. The end-to-end transparent operation and tracking functions are offered on the integrated platform. Additionally, eBay and Winit will work together to mine the data and provide retail exporters with in-depth research and analysis on best-selling categories, and the gap between supply and demand.
Since 2013, Winit has established four warehouses in the United States, the United Kingdom, Germany and Australia, providing eBay sellers with tailor-made one-stop services including international trading, international logistics management, domestic and international warehouse management, and IT services. International shipping and domestic and international warehouse management even include cargo pick-up at door, booking cargo space for international shipping, warehouse services, inventory management, package picking, last-mile delivery and returns services. All of these warehouse-focused one-stop solutions can safeguard Chinese sellers when they expand global business and offer global consumers timely and care-free services.