What is Goodthings.com? Goodthings.com Review

What is Goodthings.com? Goodthings.com Review
Goodies.com is a major cross-border e-commerce supply chain service platform in China. By efficiently integrating thousands of SKU product resources from traditional manufacturers, it provides one-stop supply chain service solutions from product selection, procurement, quality inspection, warehousing, distribution to order management for small and medium-sized e-commerce sellers. Founded by Zhang Zhifeng in January 2015. Website: https://www.sinogoodies.com/


Founder Introduction

Zhang Zhifeng, born in September 1979, graduated from Central South University of Political Science and Law with a major in economic law in 1999. He then engaged in the corporate legal consulting industry, mainly responsible for financing, investment and other projects.

In 2010, he participated in several projects including the Shenzhen Market Supervision Bureau's cross-border e-commerce, Shenzhen Customs' cross-border e-commerce, and the General Administration of Customs' cross-border e-commerce pilot city.

He joined Focalprice in 2011 and served as legal advisor, financing advisor and executive director, mainly responsible for government public relations, legal affairs, investment and financing affairs, and operational consulting.

In May 2014, Shenzhen Jiefang Road Network Technology Co., Ltd., referred to as Jiefang Road Network, was established. It is an emerging Internet company.

In January 2015, the cross-border e-commerce comprehensive service platform ChinaGoodThings.com was founded.

He has been a guest speaker at many industry conferences, including the 2014 Guangzhou International E-Commerce Expo, the Cross-Strait Cross-Border E-Commerce Forum, and the 2016 Hunan Province First Cross-Border E-Commerce Summit Forum, and is quite influential in the industry.

He is currently the CEO of Shenzhen Jiefang Road Network Technology Co., Ltd. and the Vice President of Shenzhen Cross-border E-commerce Association.

Company Introduction

China Good Stuff Network Shenzhen Jiefang Road Network Technology Co., Ltd. was established in May 2014. China Good Stuff Network was jointly funded by Jiefang Road (Shanghai) Information Technology Co., Ltd., China's 3C resource giant "Huameng Shares", and cross-border trade multilingual processing expert "Shangque.com". Through this platform, export companies only need to publish their products on the platform, and e-commerce sellers pick up and distribute them from the platform to overseas B2C e-commerce platforms such as Aliexpress, Amazon, eBay, Wish, and Lazada.

Platform Introduction

"China Good Stuff Network" upgrades the traditional industrial chain into a "3+4" model, returning the profit margins of product design, raw material procurement, production and processing, and wholesale operations represented by the "4" to manufacturers, while taking back order processing, warehousing and transportation, and terminal retail that manufacturers are not good at, taking full responsibility for it and establishing a strong logistics and warehousing system. This not only reduces the pressure on manufacturers, but also opens up more profit margins for them.

Business Model

The three parties in the business model of Haodongxi.com refer to: the website platform, suppliers and third-party regulatory agencies. The quality controlled includes source, process and traceability.

Source control: monitor the growing environment and auxiliary material supply of food, including water, soil, sunlight, and surrounding environment.

Process monitoring: Full supervision of the supplier's production process, including on-site review, sampling analysis, remote monitoring, risk warning, and employee training.

Traceability label: All products sold on Goodthings.com have traceability labels issued by third-party regulatory agencies. Buyers can confirm the source of the product by scanning the QR code.

Main Products

Haoshiji.com currently has hundreds of thousands of SKUs and fourteen major categories, covering computers and networks, telephones and communications, consumer electronics, toys, safety protection, household items, automobile and motorcycle accessories, lights and illumination, luggage, jewelry and watches, beauty and health, clothing and apparel accessories, outdoor sports, men's and women's shoes, and many other categories.

develop

At the end of 2018, in order to better solve the problem of insufficient working capital for small and medium-sized e-commerce sellers, "Haodongxi.com" launched an e-commerce loan financial service. "Haodongxi.com E-commerce Loan" provides e-commerce sellers with pure credit, unsecured, high credit limit, low interest rate and fast loan disbursement financial loan products.

Financing

In April 2014, it received its first round of venture capital of US$3.25 million.

References

  • 1. GoodiesPay payment tool is launched, a convenient and fast one-stop cross-border payment service: Sohu [cited on 2018-11-30]

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