The Current Status of Online Electronic Payment in China

By Ultraman

(1) The scale of China’s online electronic payment market. At present, there are four payment systems in China’s electronic payment market: the first is the in-house payment business system established by commercial banks, the second is the bank card payment system, the third is the bill payment system, and the last is the information system…

Are you still not familiar with Amazon’s European site authorized brand program?

By Ultraman

Amazon Global Selling said it will vigorously develop its own brand business, and the Amazon European site authorized brand program will be open to Chinese sellers. Amazon European site authorized brand program refers to helping sellers achieve business growth on European sites by authorizing Amazon’s own brands to high-quality third-party sellers and providing unique traffic…

Classification of cross-border e-commerce by network type used

By Ultraman

Depending on the type of network used, there are currently four main forms of cross-border e-commerce: EDI business, Internet business, intranet business, and mobile e-commerce. 1) EDI business According to the definition of the International Organization for Standardization, EDI refers to the electronic transmission method from computer to computer of business or administrative affairs in…

How to choose products to promote? 100 reviews or 200 reviews?

By Ultraman

Amazon’s Prime Day this year is 20 days away, and the seller’s goods are ready or on the way, so it is definitely too late to stock up now. So now it is estimated that there are two things to do: optimize advertising and choose promotional products. How to choose promotional products? Basically, some new…

Characteristics of bills as international trade settlement instruments

By Ultraman

The reason why bills can replace cash as the main settlement tool in international trade is that bills have the following characteristics, and it is precisely because of these characteristics that they can play a role in international settlement. Right-setting nature Right-setting nature means that the holder of a bill can prove his bill rights…

The role of bills

By Ultraman

Because of its simple form and circulation characteristics, bills are protected by laws of all countries, and therefore play an important role in economic life. 1) Circulation function As a payment tool, bills can reduce the use of cash. Bills can be transferred from the previous hand to the next hand after endorsement, and can…

Traditional cross-border payment and settlement methods

By Ultraman

The traditional cross-border payment and settlement methods commonly used in B2B cross-border trade are mainly the following. 1) Remittance Remittance, also known as remittance, is the simplest payment method in which the payee actively remits the money to the payee through a bank or other channels. 2) Collection Collection refers to a settlement method in…

Classification of cross-border e-commerce by application model

By Ultraman

Application mode refers to the degree of optimization of business processes, innovation of content, innovation of services, innovation of organizational models, etc. in cross-border e-commerce from the aspects of business model, technical solutions, organizational management, etc., as well as the effectiveness of the operation of different application modes and the degree of adaptation to the…

Analysis of influencer marketing on Instagram

By Ultraman

Instagram is one of the overseas social media platforms. Many cross-border sellers do marketing activities on Instagram. Especially now that influencer marketing is very popular, sellers also want to do influencer marketing on Instagram. Let’s take a look at the influencer marketing analysis of the Instagram platform. 1. User portrait Instagram has more than 1…

The concept of bills in international settlement

By Ultraman

In international settlements, cash settlement and bookkeeping settlement are rarely used. Generally, bills are used as settlement tools. However, due to differences in laws of various countries, the concept of bills is not exactly the same. In a general and narrow sense, bills refer to a kind of negotiable securities that the drawer promises or…