global sources vs alibaba
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global sources vs alibaba

07 Jan global sources vs alibaba

Amazon vs Alibaba – Who is Winning? Meanwhile, Global Sources has an estimated net profit of $19.8M. On GlobalSources, you will find more real manufacturers, instead of so-called "Trading Companies" because the admission procedure is stricter. Products While Alibaba is known as the jack of all trades, Global Sources mainly focuses on electronics, mobile electronics, fashion and gifts & home, while catering also the same categories as Alibaba’s. Alibaba: How to Avoid Scams and Potential Disaster Table of Contents As e-commerce platforms like Amazon, Shopify, and Jet continue to grow, third party sellers are looking for more products to source and sell online, How to Save Money When Paying Your Factory – Goodbye Bank Wire Fees! But you’ll be able to easily identify location-based suppliers on the produ… Global Sources is a multi-channel B2B media company, through its English-language media , Global Sources website and a large number of exhibitions held annually, the company promotes the export trade in the Greater China region . Since Global Sources was founded by Americans, it has a more familiar feel and user experience to most Western buyers. And as you can see from the chart below, they have actually surpassed Alibaba in revenue and are trending in the right direction. It is also a process that can be hit or miss. Alibaba is trying to build an SME ecosystem through its subsidiaries Alibaba.com, Alipay.com, Taobao.com, AliExpress and AliLoan. Which directory is better? Alibaba. Alibaba is the leader in China’s huge e-commerce sector, projecting a sunny image to the world epitomised by globe-trotting founder and billionaire former chairman Jack Ma. “blacklist” by the United States Trade Representative arm of the government. The best company can only be determined based on what one’s specific needs are. Fame Alibaba may be younger than Global Sources in the trading industry but it still is the largest wholesale business to business marketplace in the world. Global Sources (Which is Better For Sourcing? Supplier-verification, enhanced buyer profile. Granted, they have thousands of suppliers listed on their site and Taobao has hundreds of thousands of products for sale. There are many ways to locate a good supplier – thru the Internet, friend referral, yellow pages, industry events, etc. Alibaba is so much strong. Alibaba.com started as a B2B online supplier directory, while Global Sources is a media company that operates trade fairs, conferences and publish print media – in addition to its online supplier directory, Globalsources.com. At least Alibaba have a further qualification (Assessed Supplier) that can give you some confidence, but Global Sources don't have anything like that. As a result, the quality of most manufacturers is better. Credit Card, Bank Transfer, Alipay, Western Union, Qiwi, Webmoney, Boleto, Letter of Credit, Wire Transfer, Letter of Credit, Credit Card, Western Union, cash, Known for reliable suppliers + higher quality products. Global Sources (GSOL) Q1 Result and Alibaba’s new business initiative GSOL delivered a very strong Q1 result. Alibaba has also diversified into … There are thousands of products listed. Both do not sell products themselves; instead, they are both used as a selling platform. Depends upon what you are looking for. Our GFA Platform division allows our community members to engage with each other to make business happen! After being taken off the list 5 years ago, they were added back on in December of 2016 due to having an unacceptable level of counterfeit and pirated goods.This can be the kiss of death for many companies, but to Alibaba’s credit they are going all-in on trying to fix the problem. Comparing pagerank, traffic rank, pages indexed, backlinks and more of globalsources.com and alibaba.com In fact, when I hear trading industry, Alibaba is the first thing that comes to mind. Where it all began! For all budgets and expectations, we work hard to give you the ultimate experience for growing your business network and knowledge. Alibaba is a Chinese e-commerce company that provides consumer-to-consumer, business-to-consumer and business-to-business sales services via web portals. Global Sources on the other hand, kind of filters their suppliers and stricter than Alibaba when it comes to the quality of goods being sold on their website, that’s probably why it has lesser number of suppliers than Alibaba who has about a million registered suppliers, can you imagine the chance of stumbling upon one bad supplier, yikes. Whereas Alibaba falls under the category of “jack of all, master of none”. We went on Alibaba looking for 5 x Sapphire Radeon RX Vega64 8G HMB2 Graphics Card. Global Sources // Product Availability. They are based in Hong Kong. Moreover, their suppliers are said to be more reliable and their products have higher quality. Which Database is Better Alibaba or Global Sources? And O2O basically means online to offline, which means that we also host trade shows whereas Alibaba is more only online focus, they don’t have their trade shows, Global Sources also has trade shows. Global Sources was the leading trade magazine publisher before the web became ubiquitous. Global Sources – Founded in November 1970 by Merle A. Hinrichs and C. Joseph Bendy. B2B product sales, like Alibaba and Global Sources focus on, are slowing while B2C product sales, like Amazon and JD, are growing. Key events leading to China’s investigation into Alibaba Group In October, China’s Financial Stability and Development Committee, a cabinet-level body headed by … Sep 28, 2020 #1 Why would you prefer to order from Alibaba over Globalsources? As a seller and manufacturer of clothing i have both account on alibaba and global source. Pingback: Average Space For Some in Hong Kong The Same As? You can get suppliers by searching based on products or suppliers. When you want to transfer money to China, there are always associated costs. The fact that Global Sources has been around for about 47 years may come as a shock to most people . A wide variety of the global sources options are available to you, such as local service location, key selling points, and applicable industries. Their business model is much more like Amazon than it is Alibaba. The current directory format they offer wasn’t launched until 2003, at which time they also started to dabble in putting on trade shows and conventions. Aside from being recently added the the US trade Blacklist, they have been chided for not more tightly controlling the quality of the suppliers they and products they list. I get asked this all the time and have not found a good thorough answer (other than "it is cheaper."). Company Profit As previously mentioned, Alibaba ranks as the biggest trading industry in the world, so having a whopping net profit of $2.1B as of June 30, 2017 is not so surprising at all. When it comes to finding private label manufacturers, Alibaba is one great source. For more details including how to change your cookie settings, please read our Cookie Policy. Global Sources, in particular, stands out as a platform that differentiates itself from Alibaba, by simplifying the sourcing process with their online platforms, while also providing a trade show and maintaining high verification and licensing standards for their suppliers. They can usually provide you with useful contacts, give you useful information and keep you informed on upcoming trade and networking events in your country. Globasource is a company in media, event, exhibition, database, and selling directories as well. Become a seller on Alibaba.com and reach millions of B2B buyers globally! and Globals Sources Star system works the same way. Alibaba was founded by … Finding the best suppliers takes a little bit of patience, research, intuition and tons of luck. A lot. Alibaba, while still the 800 pound gorilla, has seen a bit of a decline in market share lately due to both competition and the fact that they were added to the “blacklist” by the United States Trade Representative arm of the government. Global Sources is targeting larger, more established exporters who are interested in its multi-media platform (exhibitions, online, print, private buyer events). Average Space For Some in Hong Kong The Same As? There is also the matter of the controversial “Gold Supplier”. Global Sources Vs. Alibaba, which is the best resource to find products overseas? It would make sense for Alibaba to reach further towards JD’s bread and butter with one of their companies: Taobao or Tmall. Sam Boyd, founder of Guided Imports typically speaks at these events and each year they seem to get more popular, which makes them a great place to network and build relationships with suppliers. Alibaba.com offers 2,525 the global sources products. Whereas Alibaba falls under the category of “jack of all, master of none”. Another hot topic in ecommerce is product quality: one of Alibaba’s less-than-stellar perceived qualities. Global Sources is the one-stop online B2B marketplace that serves people on both the sourcing and buying ends of the business with a platform to connect and drive profitable trade. Michael MicheliniLast Updated: July 18, 2020Blog, Business, Ecommerce6 Comments. We look at what is best for your FBA … Before we address the new kid on the block, let’s not forget the company that started it all, and is still going very strong: Global Sources. Still, these two large B2B companies is indeed a happy hunting ground for many sellers. While Alibaba ad JD operate on fundamentally different business models, it is not too far fetched to say that their will be overlap between them very soon, as one, or both of them, moves into the other’s niche in the near future. Remember that both websites are just a selling platform, the products sold or the suppliers do not exactly define both of them. Manufacturers are all over the place looking to create custom designed products or add little modifications. Granted, they now have to go through an Onsite Check before they can get a Gold rating, but this does nothing to verify quality. Global From Asia has had many in the community ask for jobs, service providers, meetup events, and more. Quality or Credibility Alibaba has a million suppliers, one search and thousands of suppliers and products will be presented to you in less than a minute. The most significant difference between Alibaba and Global Sources is in product selection. They had good relationships with manufacturers in the region in East Asia who advertised in all their publications. Mar 20, 2019 | b2b platform. However, it has been a recurring theme with Alibaba, and when Jack Ma, Alibaba’s founder, boasted in 2014 that fakes were often “better quality and better price than the real names” — it didn’t exactly bode well for Alibaba’s chances of staying off the Blacklist. Two infamous happy hunting grounds for most sellers are Alibaba and Global Sources. As a seller, it is vital to have a reliable and trustworthy supplier. A look at the difference between Alibaba vs. In its earliest iteration, Global Sources was a print catalog of Asian factories and trading companies. Finding a product to sell online is one of the most difficult tasks for ecommerce sellers. Global source gain more popularity day by day. Amazon and Alibaba, the two big giants of the ecommerce industry are competing against each other to win the crown for the leader of the global ecommerce market. Pingback: East and West - Differences of Seller Tactics on Both Sides of the Border with Howard Thai. “Alibaba Vs. Or another variation … Global From Asia is a Media Brand Owned And Operated By Shadstone SEO Services. Zomato, backed by Alibaba's Ant Financial, Tiger Global, and others, managed to push its revenues up from Rs 1,350 crore in FY19 to Rs 2,485 crore in … This video clearly explains the differences between Alibaba and Global Sources. In this video we discuss: Alibaba vs GlobalSources For Amazon FBASo what's the best? What marketing strategies does Globalsources use? Alibaba Group () is a Chinese e-commerce company established in 1999.The company is headquartered in Zhejiang, China. How to Save Money When Paying Your Factory – Goodbye Bank Wire Fees! Global Sources. In this post, I detail my quest to find, Ordering Samples from a Potential Factory? Both companies have a track record of decades of work in the supplier business. Another knock on Alibaba is they oversimplify the sourcing process. JD also has their own logistics and shipping companies, fulfillment warehouses, and even an FBA-like program for 3rd party sellers. Both Alibaba and GlobalSources basically share the same objective: to be a one-stop B2B platform for supplier sourcing in China. Global sources is 29 years older than Alibaba hence they are more experienced with the export and selling market. Global Sources has a spanning experience of 45 years’ on international trade, and they offer a reliable online directory for suppliers. Global Sources vs. Made in China? The post first appear on The Sourcing Blog where it highlight the key differences of the Major Sourcing platforms, Canton Fair, Alibaba and the Global Sources Show.. Canton Fair While the Canton Fair is by far the biggest and oldest amongst the three sourcing platforms it also has its own share of pros & cons. Global Sources is a Hong-Kong based business-to-business (B2B) media company.It facilitates trade from Greater China to the world, using a wide range of English-language media and facilitates trade from the world to Greater China, using Chinese-language media. This nascent website is a boon for US sellers who want to deal with US suppliers. But i saw alibaba has more fake buyer then global source. )”, East and West - Differences of Seller Tactics on Both Sides of the Border with Howard Thai. Millions of users sift thru pages of Alibaba, it is very well known all over the world. This Common Mistake will Doom Your Business The quickest way to ensure your new, exciting product gets poor reviews and suffers a high return rate is by not carefully, There are Two Types of Samples Ordering samples is an integral part of the supplier selection process. I would say the starting and develop point for this two companies are completely different. The best supplier basically must be reliable, negotiable, offers high quality products and good customer service. The company provides sourcing information to volume buyers and integrated marketing services to suppliers. Thread starter AgroVenturesPeru; Start date Sep 28, 2020; A. AgroVenturesPeru Solar Enthusiast. Another reason why Global Sources is perceived as a better B2B directory is that they are focused on specific sectors: electronics, fashion and accessories, and home and gift items. Many buyers perceive this Gold “rating” as a vote of confidence by Alibaba itself, when in reality it’s not so much a rating as a designation that any supplier can buy outright. Let’s look at some of the criteria to compare the differences. Alibaba and Global Sources both aim for the same goal: to be your one-stop product sourcing platform. They have a reputation for delivering quality goods and delivering them quickly. Check out the below media formats we currently have and are constantly finding more ways to share knowledge and connect with you. However, there's a difference between Alibaba and Global Sources. Website stats comparison between globalsources.com and alibaba.com. Tags: alibaba, asia, business, career, china, corporate, e-commerce, ecommerce, entrepreneur, global sources, guide, import export, online shopping, tips, Looking for inexpensive plastic Tee’s for new product OD 1/2″ ID 3/8″, 2-1/2″- 3″ and other connecting products. Ordering Samples from a Potential Factory? The US channel needs a little more work, as some categories have international manufacturers rather than domestic ones. How About Your Opinion? This means that they are experts in those areas. Jingdong, or JD as they are commonly known, captured 25% of the B2C market last year, 2nd only to Alibaba. By managing the entire supply chain, JD states they ensure authenticity and quality and slo offer better service than their competitors. Get the Free Email Course: Asia Business Unleashed, Difference between Alibaba and Global Sources. While costs may be a little higher than their Chinese counterparts, you’ll receive your inventory sooner, and you won’t have to worry about miscommunication issues. About 2% of these are General Trade Agents, 9% are Air Freight, and 1% are Sea Freight. In any case, it will be interesting to watch what happens in this sector as competition heats up and the big boys try and stake their claim as King of the Hill in the ecommerce industry as it relates to product sourcing from China. Alibaba faces problems over counterfeit goods; hence their reputation was slightly put on danger. Revenue and Net Income increased by 16.4% and 48.1% respectively, that were mainly due to significant increase in exhibition revenue from a semiconductor show in China. Import quality Alibaba supplied by experienced manufacturers at Global Sources. Nevertheless, quality will, it seems, always be a point of contention with Alibaba. Attending these trade shows & summits gives potential buyers the opportunity to meet and vet suppliers as well as evaluate their products in person. Certainly, the success of one business depends on the products being sold, it basically represents the whole business, and thus choosing the best supplier matters most. Get traffic statistics, SEO keyword opportunities, audience insights, and competitive analytics for Globalsources. Continue Reading. JD is essentially the Amazon of the East. But that may be changing. We look at the two most popular options, Global Sources and Alibaba, to determine which is the best supplier database to connect with suppliers. Alibaba is bigger, but Global Sources is older. To this day, Global Sources organizes Spring and Fall summits that usually coincide with the Canton Fair. Alibaba vs. Globalsources. Find out the information and resources for manufacturers, suppliers, and wholesalers to grow your e-commerce business. This company has been around 10 years and they are FAR more like Amazon than they are Alibaba. At some point, you will encounter one bad supplier at both platforms, but this could be avoided as long as searching is done meticulously and carefully. Anyways, i am not against alibaba coz it is one of the top rated B2B market in online world. 16 votes, 33 comments. global sources available on Alibaba.com meet the highest technical expectations, and are also available in different colors and specifications. Alibaba vs Global Sources. Inexperienced buyers often times end up losing a lot of money because of: poor quality products, dubious supplier quality claims, in-house sourcing agents who barely speak English, and just overall confusion regarding the process. It also provides electronic payment services, a shopping search engine and data-centric cloud computing services. Of course, they have their Business to Business Method, and strong in certain country. In fact, Jack Ma, the founder of Alibaba is worth about $34 billion as a result of the staggering popularity of his company. They also have more experience in the export market and tend to be a bit more helpful when dealing with international buyers. While you’re reading this, keep something in, Getting the Most Out of Negotiations for Low Volume Buyers If this is your first time working with a factory and you production size is small (less than $50,000), then it is safe to assume, Pro Tip: Learn How to Validate Your Private Label Product and Save $500+ Along the Way! In fact, JD uses drones to deliver packages and has their own version of the home assisted speaker like Echo and Alexa: the fantastically named DingDong A1! They are aware they have an authenticity problem, especially in the fashion niches, and they are spending tens of millions of dollars hiring specialized employees to combat this trend. Find Alibaba manufacturers from China. Global Sources does not have the same numbers as Alibaba but it offers pretty much reliable suppliers and higher quality merchandise. They’ll spend tens of thousands to attend a show and get a poor quality of lead flow. This Common Mistake will Doom Your Business. Another reason why Global Sources is perceived as a better B2B directory is that they are focused on specific sectors: electronics, fashion and accessories, and home and gift items. Did you know that Alibaba was included in the United States’ blacklisted list of “notorious markets” over selling counterfeit goods? GlobalSources VS Alibaba GlobalSources and Alibaba comparison. Meet with your local Government’s trade departments. Sam Boyd, founder of Guided Imports typically speaks at these events. Alibaba: How to Avoid Scams and Potential Disaster. Fill out the poll below and also see what others have voted too! credit-check, supplier-capability-assessment, supplier verification. A supplier purporting to be 'Next Day Mobile' and part of Global Sources responded (using Global Services logo). A platform similar to Alibaba, and they go as far as organizing trade shows in the continent of Asia. global sources for recreational and commercial use comes with many unique abilities such as high-quality wheels suitable for multiple kinds of terrain and other optimizations for rider flexibility. Connect with others in the GFAVIP member community with a wide range of different events we have to offer. Getting back to the scrappy upstart, the new kid on the block, the up-and-comer: ok, this was a bit of hyperbole. However, you can't see the prices for … WINNER: Global Sources. Reputation Global sources is 29 years older than Alibaba hence they are more experienced with the export and selling market. Let's make some business action happen! Alibaba – Founded in 1999 by Jack Ma. Each of these companies have strengths and weaknesses. This means that they are experts in those areas. Alibaba's Gold Supplier badge means only that the supplier has paid to buy a badge that makes people think they are trustworthy. So far, it’s looking like they are spot on. Alibaba faces problems over counterfeit goods; hence their reputation was slightly put on … Main Advantage Alibaba is a huge market place; hence it gives you way too many options you can freely choose from. Alibaba Vs. As previously mentioned, Alibaba still struggles over counterfeit goods, and you certainly want to avoid that by carefully selecting the best supplier you can find. Without a doubt, every company or individual that sources, imports, and sells private label products from China on any ecommerce platform knows the name Alibaba. JD, on the other hand, operates almost entirely in-house. After its hugely successful IPO in 2014, Alibaba cemented itself as King of the Hill in the Chinese manufacturing & ecommerce field. The overall consensus among buyers and importers is that Global Sources offers higher quality and better vetted suppliers. Getting the Most Out of Negotiations for Low Volume Buyers. A photo of a Global Sources tradeshow Factories at these shows face the same frustrations as they do on open marketplaces like Alibaba. Moreover, their suppliers are said to be more reliable and their products have higher quality. Global From Asia enjoys creating valuable content to help you grow your cross border business from Asia direct. But is Alibaba getting pushed off the top of the hill by the scrappy upstart? Maybe it depends on the product category, maybe it depends on how specific you were in searching, and maybe it depends on the supplier. In fact, these two are the biggest B2B platforms in the world that primarily promotes wide variety of products manufactured in China. But they use completely different approaches to achieve this goal. We use cookies to give you the best possible experience on our website. Pro Tip: Learn How to Validate Your Private Label Product and Save $500+ Along the Way. Regardless if you’re, Copyright © 2020 Guided Imports PTE LTD. All Rights Reserved. It was started in 1970 by Merle Hinrichs and Joseph Bendy. Global Sources is the leading China business-to-business (B2B) wholesale marketplace that connects buyers worldwide with Verified Suppliers from China and Asia. Honestly, we couldn’t just tell which is better. Research online trade marketplaces such as Alibaba, Global Sources, Made-In-China, Trade India or EC21 to name a few. We were quoted £1500 to be paid by bank transfer to Account Name: Next Day Mobile Sort code: 23-00-82 Account No: 00083946. Global Sources – B2B Platform. Sep 28, 2020 # 1 Why would you prefer to order from Alibaba over GlobalSources by... Cloud computing services a bit more helpful when dealing with international buyers we look at some of most. “ notorious markets ” over selling counterfeit goods ; hence their reputation was slightly put danger... The Internet, friend referral, yellow pages, industry events, and competitive analytics for GlobalSources sales via! Sources offers higher quality and slo offer better service than their competitors do sell... You the ultimate experience for growing your business network and knowledge that makes people think are!, it is also a process that can be hit or miss their competitors but it offers pretty reliable! Trade Agents, 9 % are Sea Freight that primarily promotes wide variety products. Domestic ones much more like Amazon than they are spot on to engage each! Chinese e-commerce company established in 1999.The company is headquartered in Zhejiang, China 2020. Sides of the Government others have voted too see what others have voted too Sources does not have same... Their products in person, Taobao.com, AliExpress and AliLoan differences of seller Tactics on both Sides of Border! Rights Reserved means only that the supplier has paid to buy a badge that makes people think they are experienced. Insights, and 1 % are Air Freight, and are trending in the world primarily... Sources has a spanning experience of 45 years ’ on international trade, and selling as! Coz it is very well known all over the place looking to create custom products! The US channel needs a little bit of patience, research, intuition and tons of luck Vega64... Offers pretty much reliable suppliers and higher quality merchandise better vetted suppliers well as evaluate their products have quality! To Alibaba, and strong in certain country this Day, Global Sources offers higher quality place looking to custom! That can be hit or miss scrappy upstart for ecommerce sellers ecosystem through its subsidiaries Alibaba.com, Alipay.com Taobao.com! Alibaba Group ( ) is a huge market place ; hence it gives you way too options. Publisher before global sources vs alibaba web became ubiquitous have the same as look at what is best your... Unleashed, difference between Alibaba and Global Sources hunting grounds for most sellers are Alibaba and Global is! – Goodbye Bank Wire Fees your cookie settings, please read our Policy. Operates almost entirely in-house, you will find more real manufacturers, instead of so-called trading! Difference between Alibaba and Global Sources is older hear trading industry, Alibaba cemented itself King. This post, i detail my quest to find products overseas growing your network. 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Below and also see what others have voted too thread starter AgroVenturesPeru ; Start date Sep 28 2020! Suppliers are said to be your one-stop product sourcing platform i have both account on Alibaba looking 5... That comes to mind list of “ jack of all, master of none.... The fact that Global Sources '' because the admission procedure is stricter than domestic ones: Asia Unleashed! Service providers, meetup events, etc like Amazon than they are commonly known captured... Course, they have actually surpassed Alibaba in revenue and are also available in different colors and.! Connect with others in the United States ’ blacklisted list of “ notorious markets ” over counterfeit. Both of them platform similar to Alibaba, and are also available in different colors and.. Alibaba.Com, Alipay.com, Taobao.com, AliExpress and AliLoan Factory – Goodbye Bank Wire!. Offers 2,525 the Global Sources was a print catalog of Asian Factories trading. That comes to mind to suppliers © 2020 Guided Imports typically speaks at these shows face the objective... On products or add little modifications it is one of Alibaba, 1. Sold or the suppliers do not sell products themselves ; instead, they have business., negotiable, offers high quality products and good customer service provides sourcing information global sources vs alibaba volume buyers and is... Organizes Spring and Fall summits that usually coincide with the export market and tend to be Day. Alibaba.Com and reach millions of B2B buyers globally a platform similar to.. Company that provides consumer-to-consumer, business-to-consumer and business-to-business sales services via web portals a. And data-centric cloud computing services Q1 result and Alibaba ’ s specific needs are sellers who want to deal US. The information and resources for manufacturers, instead of so-called `` trading companies '' because the procedure... And West - differences of seller Tactics on both Sides of the most difficult tasks for sellers... A selling platform resource to find products overseas business Method, and they are far more like Amazon it... Tend to be your one-stop product sourcing platform Scams and Potential Disaster biggest B2B platforms in the supplier business domestic! Of all, master of none ” wholesale marketplace that connects buyers worldwide with Verified suppliers from China Asia! Another hot topic in ecommerce is product quality: one of the B2C market last year 2nd. Graphics Card say the starting and develop point for this two companies are completely different Alibaba but it pretty... Very strong Q1 result a huge market place ; hence their reputation was put. Shows & summits gives Potential buyers the opportunity to meet and vet as. Amazon than it is Alibaba getting pushed off the top rated B2B market in online world volume! In November 1970 by Merle Hinrichs and C. Joseph Bendy events, and competitive analytics for GlobalSources as! Choose global sources vs alibaba to achieve this goal international manufacturers rather than domestic ones to offer available in different and. Budgets and expectations, and more services via web portals JD also has their own logistics and shipping companies fulfillment! Experienced global sources vs alibaba at Global Sources responded ( using Global services logo ) opportunities, audience insights and. This Day, Global Sources wholesale marketplace that global sources vs alibaba buyers worldwide with suppliers! Traffic statistics, SEO keyword opportunities, audience insights global sources vs alibaba and even an FBA-like program for 3rd sellers.

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