Jack ma, who started Alibaba is well known for his persistence. Before Alibaba, jack ma used to work as an English lecturer. He always dreams of his own company with huge profits. He started working a lot for it and learned many things.
When he wants to start his own e-commerce company, he has come across a lot of criticism from people. No one believed in him. The best thing about him is believing in himself. He did not stop dreaming about his goal. He only believes his company is going to go heights.
The strategies that worked his company to grow are:
He only understand people's mindsets and used the same strategies for his e-commerce company. As he wants to start his e-commerce business in china, he observed the locals and their choice of purchasing goods. He observed these things.
- China mostly sells Low-quality products
Everyone knows about the fact of china products. People troll a lot for china phones for their repairs. they only get low quality goods from the market. So, Jack ma also started focusing on the low-quality goods in his platform.
2. Bargaining is the key
China people never like to take any product without bargaining. They feel happy only they get a price for which they bargained. That makes them feel so happy. here, Jack ma has provided a chat box for customers to bargain with the vendors and then buy the product.
3. Desiging of website
After looking at a lot of websites of china people, they always look clumsy and cluttered. They are very difficult to know. That is used by china people for many years and they are used to it. He also did the same thing by putting a lot of things on the website.
Finally, He has developed all the things according to the locals of china. This made a huge impact on his company. China's population finds it very easy to adapt to his website.
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