main challenges of doing business in china - point of view from our ceo - entrepreneur in china for...

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WWW.BYSOFTCHINA.COM BYSOFTCHINA YOUR TRUSTED E-COMMERCE PARTNER

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Main Challenges of doing business in China - Point of view from our CEO - Entrepreneur in China for 13 years. Get some insights from real entrepreneur in China - Hands on.

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Page 1: Main Challenges of doing business in China - Point of view from our CEO - Entrepreneur in China for 13 years

WWW.BYSOFTCHINA.COM

BYSOFTCHINA

YOUR TRUSTED E-COMMERCE PARTNER

Page 2: Main Challenges of doing business in China - Point of view from our CEO - Entrepreneur in China for 13 years

WWW.BYSOFTCHINA.COM

BYSOFTCHINA

“We provide

End-To- End eCommerce Solutions to Brands and

Merchants”

Plan – Setup – Operate – Deliver - Performance

Page 3: Main Challenges of doing business in China - Point of view from our CEO - Entrepreneur in China for 13 years

WWW.BYSOFTCHINA.COM

BYSOFTCHINA

Page 4: Main Challenges of doing business in China - Point of view from our CEO - Entrepreneur in China for 13 years

WWW.BYSOFTCHINA.COM

BYSOFTCHINA

Page 5: Main Challenges of doing business in China - Point of view from our CEO - Entrepreneur in China for 13 years

WWW.BYSOFTCHINA.COM

BYSOFTCHINA

Local - International – Market Entry

Page 6: Main Challenges of doing business in China - Point of view from our CEO - Entrepreneur in China for 13 years

WWW.BYSOFTCHINA.COM

BYSOFTCHINA

Consulting

Senior Consultants

Market Research

Strategy

KPIs & Dashboard

Digital Marketing

Account Managers

SEO

PPC / Advertising

Content

Marketplace

eMailing

Social Networks

Platform

Project Managers

Architect

Front-End Integrators

Back-End Developers

Hosting

Quality Control

Operations

Account Managers

Call / Chat Center

Order management

Catalog

Warehousing

Fulfillment

Design

Artistic Director

Branding

User Experience

Web Design

Mobile Design

Interactive Design

Packaging

Page 7: Main Challenges of doing business in China - Point of view from our CEO - Entrepreneur in China for 13 years

WWW.BYSOFTCHINA.COM

BYSOFTCHINA

Page 8: Main Challenges of doing business in China - Point of view from our CEO - Entrepreneur in China for 13 years

WWW.BYSOFTCHINA.COM

BYSOFTCHINA

Etam

Kaiser+Kraft

Buymedesign

Glamour Sales

Pull-In

QuikSilver

Clickja

Delbois

eFinancial Careers

French Chamber of Commerce

Asia Inspection

Banyan Tree

Renaud

Adidas

Vinicole & Cepage Fine Wine

Haerbin Hanyu

Barnett Sport

AlenCorp

WiStyle

Renesola

Mode Trotter

Montagut

Noble House Furniture

Shenyang Stationary

Chengdu Tianfu Software Park

AP International

Decathlon

Li & Fung – Kenas Furniture

The Luxury Club

NTT Com Asia Network

Carven Paris

Chungnam Group

Sun Wharf

Raisecom

Aslan

McKorman Consulting

TCL Legrand

Cheaper Electrical

THEY TRUST USBestBuy

OfficeMe

Taiwan Institute of Information

Gerard Darel

Saft

Woodeko

Aslan

BlueBell

InfoKids

Baobaz

Aviva Systems Biology

DC Shoes

Lipaya

CN Innovations

Beijing Gimico

NanHai

Five Star

Cap Thé

Nestle Nespresso

Over 100 satisfied customers in 10 years and counting….

Page 9: Main Challenges of doing business in China - Point of view from our CEO - Entrepreneur in China for 13 years

WWW.BYSOFTCHINA.COM

BYSOFTCHINA

Main Challenges

Page 10: Main Challenges of doing business in China - Point of view from our CEO - Entrepreneur in China for 13 years

WWW.BYSOFTCHINA.COM

BYSOFTCHINA

Regulations

Key Local Providers

User Behaviour

Customer’sBudget

Guanxi

Page 11: Main Challenges of doing business in China - Point of view from our CEO - Entrepreneur in China for 13 years

WWW.BYSOFTCHINA.COM

BYSOFTCHINA

• More training, more quality control• The most famous Chinese slang • Internal process standardization & CHECK

• Protect your IP & client• Protect your assets WELL• Laws and regulations are lagged behind to protect IP and

business intelligence

Page 12: Main Challenges of doing business in China - Point of view from our CEO - Entrepreneur in China for 13 years

WWW.BYSOFTCHINA.COM

BYSOFTCHINA

• Acquiring good talent• Scarce pool of good talents

• Redefine “Senior”• Even more true for cutting-edge technologies

• Expensive to recruit• Head-hunter• Recruitment ads

• Competition with big firms

Page 13: Main Challenges of doing business in China - Point of view from our CEO - Entrepreneur in China for 13 years

WWW.BYSOFTCHINA.COM

BYSOFTCHINA

Page 14: Main Challenges of doing business in China - Point of view from our CEO - Entrepreneur in China for 13 years

WWW.BYSOFTCHINA.COM

BYSOFTCHINA

• Performance evaluation• A systematic performance evaluation process• Technique on providing negative feedback• Timely house-keeping when necessary

• Retention• A “fair” remuneration system – no secrecy on salary• Building culture• Creating KOLs• A faithful HR manager

Page 15: Main Challenges of doing business in China - Point of view from our CEO - Entrepreneur in China for 13 years

WWW.BYSOFTCHINA.COM

BYSOFTCHINA

• No official financing channels for foreign SMEs

• Chinese accounting & taxation rules and presentations are VERY different from EU/US

• Look after cashflow carefully• A realistic financial budget• Be aware of Accounts Receivable for B2B business

• A trustable finance controller

Page 16: Main Challenges of doing business in China - Point of view from our CEO - Entrepreneur in China for 13 years

WWW.BYSOFTCHINA.COM

BYSOFTCHINA

• FULL of opportunities• Specific technology

or expertise• Potential to acquire

small local firms

• HR• Finance• Legal Protection• Expensive to expand

• Small• Lack of brand equity• Understanding of

local practice

• Flexible• Adaptable• Knowledge of Good

Expertise

S W

OT

Page 17: Main Challenges of doing business in China - Point of view from our CEO - Entrepreneur in China for 13 years

WWW.BYSOFTCHINA.COM

BYSOFTCHINA

• A good time to come to China• Full of opportunities in a BIG market• Market is booming in many areas

• Differentiate yourself• Niche market• Unique skills or expertise

• Understand & practice localisation• Flexible / adaptable• Do business in a Chinese way• A trustable local partner

• Be aware of watch-outs• Legal / HR / finance

Page 18: Main Challenges of doing business in China - Point of view from our CEO - Entrepreneur in China for 13 years

WWW.BYSOFTCHINA.COM

BYSOFTCHINA

CONTACT US

Address: Junling Plaza, Unit 2501,No.500 North Chengdu Road, Huangpu District,200003,Shanghai

Tel +86 (21) 6226 8616@ [email protected]