While the aforementioned methodology may not be sufficient to understand the market, it may be necessary to be aware of the need to sell goods directly to online shopping malls in the country. Therefore, I would like to introduce you to a company (SEVEN-HUB) that has performed the Distributor Analysis service professionally for a long period of time. Based on the platform that SEVEN-HUB operates, it examines and analyzes the prices of hundreds of thousands of Asian online markets a day, and identifies sales trends using its database collected and accumulated by AI technology.
In fact, SEVEN-HUB’s main business is to help foreign brands conveniently register their products on its platform through API link with about 50 online shopping malls in six Asian countries (Korea/China/Japan/Taiwan/Hong Kong/Singapore). Furthermore, SEVEN-HUB performs all the processes and troublesome tasks required for selling brands’ products overseas online, which could be very complicated and might need several human resources for brands in dealing with crosss-border export tasks. For instance, SEVEN-HUB provides logistics service related to cross-border exports, details page translation work, customer service and marketing services for each country and marketplace. Actually, statistics show that using this platform has an average sales growth of about 38.5% compared to using other companies.
Through SEVEN-HUB's Distributor Analysis service, it recommends not only the market research data mentioned above, but also the best-selling price (MSRP) in case a brand would like to sell their products in online shopping malls in each country. In addition to MAP and Supply Price recommendation, it provides a total service that accurately estimates and confirms logistics costs. If you are considering entering Asia, a huge Asian e-commerce-oriented market that is more than three times larger than that of Western countries, I strongly recommend that you do not hesitate to contact SEVEN-HUB for counseling and service.