A Comprehensive Detail on Alibaba: Steps & Reasons

Alibaba is a leading B2B eCommerce platform that offers a wide range of services, features, and tools. Both sellers and buyers can easily effectively deal with online business on this platform. 

In this article, we will discuss Alibaba, its features, steps to buy, and its reasons. Let’s start:

About Alibaba

In 1999, Alibaba.com was founded by Jack Ma. Also, it is a part of the Alibaba group and is based in China. Furthermore, it serves its business in more than 190+ countries. 

 Alibaba is a leading eCommerce marketplace space for both buyers and sellers. Moreover, it offers a safe, secured and trusted platform for customers and sellers around the world. In addition, it is a powerful platform that offers interesting tools and features that helps to streamline B2B in an efficient manner. 

Having an intelligent software tool—Asinwiser—for online sellers will assist you to run your business in the right direction. Asinwiser.com is an excellent solution that will help you to target your potential audience with its all-in-one features such as brand story, product research, competitor research, profitability calculator, and so on.

4 Steps to buy from Alibaba

Here is the list of four steps on how you can buy from Alibaba, let’s check:

1. Sign up for Account

The first and foremost thing is to create your account on Alibaba. Now you have to add some important requirements. It includes Full name, Country, Email Address, Telephone number, Trade role, and Company name. Further, you have to set up your password. 

Note that for the trade role, you can select between ‘Buyer’ or ‘Both.’ You can select both if you are planning to both sell and buy on the Alibaba platform. 

2. Explore Products

The next step is to explore products. On Alibaba, you will find two options to find products and order them. The first one includes searching and browsing and the second one includes posting a Request for Quotation (RFQ).

In addition, searching or browsing is simple and similar to other search engines. You list your keyword or phrase in the search tab and you can browse products. Interestingly, you also have the option to ‘Upload Image’ to look for products. You will find certain filter options to get the right product. It includes Product type, Supplier type, Features, Minimum order quantity (MQO), certifications, and supplier country/region.

However, if you are unable to find the right product then you can choose the latter option which is Request for Quotation(RFQ). In this suppliers will reach out to your to help you to get the desired product. 

3. Sellers Comparison

You have the option to compare sellers based on their certifications, qualifications, and more. You will find three categories for this. It includes Gold supplier, Trade Assurance supplier, and Verified supplier. 

• The paid members on the Alibaba platform are called Gold Suppliers. It means their business is verified on commercial or industrial terms. 
• Those sellers that accept direct payments via the Alibaba.com payment portal are called Trade Assurance suppliers. 
• Those sellers whose management system, company profile, process controls, and production capabilities got inspected, certified, or accessed by a third-party system is called Verified Suppliers.

4. Buy and Place Order

Once you choose supplier and product then you can simply place your order. For the payment options, you have options such as credit cards, debit cards, wire transfer, Western union, Online bank payment (eChecking), and Pay Later option (6 months to pay for their order with a 3.5% minimum interest rate)

3 Reasons to buy from Alibaba

Here is the list of reasons that why you should buy from Alibaba. Let’s cover them:

1. Simple and Easy to use

Alibaba platform is user-friendly and quite easy to use. Customers can easily navigate and explore the platform. Also, it is a simple and easy process for buyers to add items to their carts or place their orders with an easy transaction method. 

On the other hand, buyers can directly message sellers if they want to customize their products or negotiate prices. 

2. Safe and Secure

Alibaba.com is a completely safe and secure platform for both buyers and sellers. The platform makes sure that customer’s confidential data such as credit card or debit numbers and other personal details. 

In addition, the Alibaba platform offers a program named Trade Assurance. This program ensures that customers receive their shipments on time. Furthermore, it also ensures that the product or items have high-quality promised by the seller. Interestingly, Alibaba also has Product Inspection Services that is another measure to check quality. Moreover, Alibaba always has your back if any dispute occurs. So, you can completely trust Alibaba for purchasing the best products. 

3. Payment Options

The best part of the Alibaba platform is that it has Pay Later options. In this case, customers can purchase inventory even if they have budget constraints. Furthermore, it helps retailers escape from having any investors or financial options that cause more complications. 

In addition, Kabbage Funding backs up Pay Later. It offers credit lines from $500 to $150K with six months of financing. Note that Interest rates start at 3.5%

4. Tools

Alibaba.com had excellent tools that are useful for both buyers and sellers. This platform has tools that could take the business on a global scale. 

The best tool is private messages and automatic translation of storefronts. Apart from these, Alibaba.com supports 16 languages that help to end language barriers. For example, if you send a message to a seller in China then the text will be translated automatically to Chinese and vice versa.

5. Millions of Products

With millions of sellers on Alibaba offers millions of products to buy as well. Buyers have the complete flexibility to choose or buy the products that best suit them. Alibaba.com also ensures high quality of products. 

Conclusion

Aliababa.com is an excellent eCommerce platform that offers interesting features and tools for customers and sellers. Both customers and sellers can easily and effectively make the best use of this platform. Furthermore, Alibaba has a strong base to keep your personal and financial information safe in their system so you need not worry about it at all. Happy Shopping and Selling!

Having an intelligent software tool—Asinwiser—for online sellers will assist you to run your business in the right direction. Asinwiser.com is an excellent solution that will help you to target your potential audience with its all-in-one features such as brand story, product research, competitor research, profitability calculator, and so on.

We hope this article will provide you with detailed information regarding Alibaba! To make your business a huge success, get in touch with the Asinwiser team today!

Good Luck!