
Discover four tips on surviving difficult times and winning the hearts of foreign buyers on Alibaba.com
After being hit hard by the COVID-19 pandemic at its onset, CEO of Durian Shack Siam, Miss Nuchanart Changkaochai, was forced to close down four out of her five offline retail stores. However, before long, she already set her sights on doing global trade via B2B e-commerce platform Alibaba.com.
In a little over one year after starting export, products from Durian Shack Siam had already reached buyers in countries that it could never reach before through.
Miss Changkaochai, who initially just wanted to share her love for durians with local Thai consumers, attributes her success in surviving the difficult times and also winning the hearts of foreign buyers to four major factors.
Before the pandemic, the company depended solely on offline channels, and they noticed that 95% of customers were tourists from China. So when COVID hit, they were caught completely off guard.
At that time, the company was already doing quite well with five offline stores, but when the pandemic set in, they had to close four stores, leaving only one single storefront, which means only 10-20% of normal revenue.
Miss Changkaochai knew they had good products, but the only obstacle was reaching their targeted customers. So she quickly adjusted her business focus and identified doing export through Alibaba.com as the way to go.
Since buyers on Alibaba.com are able to see how long a seller has been operating on the platform, with them being a new seller in the online space, Durian Shack Siam found establishing trust with buyers the top priority. Knowing their weakness, the company worked hard to gather company information, photos at their participation in fairs, pictures of products, sourcing processes and pictures of their offline stores to build trust with new clients. Such information is visible to buyers on Durian Shack Siam's online storefront on Alibaba.com.
In a little over one year after joining Alibaba.com, fresh durian from Durian Shack Siam have already earned recognition from overseas buyers on Alibaba.com. Miss Changkaochai thinks the success is due to the company's efforts to build credibility which in turn attract more customers to the store.
As in retail, it is important for exporters to differentiate themselves from competitors. The Alibaba.com platform allows for sellers to use visuals and video clips to create content which helps increase the appeal for the store and products. What Durian Shack Siam does on the platform is filter out the interesting part of the business as well as the product and present it in an easy to understand and concise manner so that new customers are drawn to its products.
In Miss Changkaochai's view, operating on an established B2B e-commerce platform has many benefits over selling offline. 1. The business can reduce a significant amount of operating and overhead costs. 2. It allows a company to do more business without heavy additional manpower investments. 3. The business can meet many new potential quality buyers from across the world which it would never be able to reach if it only operates offline.
For example, through the backend dashboard, she is able to find out who visited their store and what products are the most viewed. From there she knows they need to present their food items in a more appealing way - offering the right products to the right customers in the right time. She also leverages insights into buyer behavior such as product search keywords and sourcing pattern to predict upcoming sourcing trends so that her team can stock the products in-need beforehand in order to meet the rising demand and seize this opportunity to sell more and win the hearts of the customers.
With Alibaba.com's online learning center, Miss Changkaochai also accesses learning materials regarding global buyer preferences in order to know what they want, how to answer their inquiries etc. As part of her learnings, she makes sure her Alibaba.com storefront is regularly updated to cater to the anticipated needs of buyers at the time.
Starting from knowing your business's strengths and weaknesses, to evolving to meet buyers' changing demand, doing online trade is more than just setting up an online store. But according to Miss Changkaochai, if a business pays attention to the four aspect above, it will be better positioned to thrive through this digitalised era, just like Durian Shack Siam has found its way.