Fa Xian is an addition to B2C website etao.com powered by Taobao - a B2C website from Chinese B2B Marketplace Alibaba.com. What made Fa Xian got the attention of news all over the world is its striking resemblance to Pinterest. As per one news from Reuters, the website is already attracting upto 60,000 unique visitors every day.
Pinterest is more like social bookmarking website and does not allow any sort of affiliate codes. On the other hand Alibaba on its ecommerce website has merged the concept of Pinterest by selling products while engaging visitors. All pinned products can be purchased.
Alibaba has taken this idea as an opportunity to capture more sales from Chinese market of young internet users who easily get admired to fun oriented.
"We have about 10 partners right now. At the end of the year, I hope to see if we can achieve 100 partners, because this year China's social shopping industry is very hot," Chen Lijuna, eTao's director, told Reuters.
Future of Fa Xian is bright since most of the Chinese internet buyers are young and like to engage on online social activities. Suppliers in China are keen to try new ways to increase their sales as well. This gives Alibaba an edge to make Fa Xian a successful channel to market Taobao products.
Monday, April 9, 2012
Pinterest China (aka Fa Xian) by Alibaba.com
Monday, April 9, 2012
Related Posts on faxian, pinterest
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment