Moreover, their suppliers are said to be more reliable and their products have higher quality. JD also has their own logistics and shipping companies, fulfillment warehouses, and even an FBA-like program for 3rd party sellers. Attending these trade shows & summits gives potential buyers the opportunity to meet and vet suppliers as well as evaluate their products in person. Whereas Alibaba falls under the category of “jack of all, master of none”. On GlobalSources, you will find more real manufacturers, instead of so-called "Trading Companies" because the admission procedure is stricter. Fill out the poll below and also see what others have voted too! The company provides sourcing information to volume buyers and integrated marketing services to suppliers. To this day, Global Sources organizes Spring and Fall summits that usually coincide with the Canton Fair. You can get suppliers by searching based on products or suppliers. Still, these two large B2B companies is indeed a happy hunting ground for many sellers. There are many ways to locate a good supplier – thru the Internet, friend referral, yellow pages, industry events, etc. They had good relationships with manufacturers in the region in East Asia who advertised in all their publications. But you’ll be able to easily identify location-based suppliers on the produ… Get traffic statistics, SEO keyword opportunities, audience insights, and competitive analytics for Globalsources. Did you know that Alibaba was included in the United States’ blacklisted list of “notorious markets” over selling counterfeit goods? Both do not sell products themselves; instead, they are both used as a selling platform. “Alibaba Vs. So far, it’s looking like they are spot on. We went on Alibaba looking for 5 x Sapphire Radeon RX Vega64 8G HMB2 Graphics Card. Certainly, the success of one business depends on the products being sold, it basically represents the whole business, and thus choosing the best supplier matters most. Their business model is much more like Amazon than it is Alibaba. Our GFA Platform division allows our community members to engage with each other to make business happen! This means that they are experts in those areas. We look at the two most popular options, Global Sources and Alibaba, to determine which is the best supplier database to connect with suppliers. Globasource is a company in media, event, exhibition, database, and selling directories as well. Key events leading to China’s investigation into Alibaba Group In October, China’s Financial Stability and Development Committee, a cabinet-level body headed by … Supplier-verification, enhanced buyer profile. Alibaba Group () is a Chinese e-commerce company established in 1999.The company is headquartered in Zhejiang, China. Get the Free Email Course: Asia Business Unleashed, Difference between Alibaba and Global Sources. Michael MicheliniLast Updated: July 18, 2020Blog, Business, Ecommerce6 Comments. Global Sources Vs. Alibaba, which is the best resource to find products overseas? Global Sources was the leading trade magazine publisher before the web became ubiquitous. A supplier purporting to be 'Next Day Mobile' and part of Global Sources responded (using Global Services logo). They also have more experience in the export market and tend to be a bit more helpful when dealing with international buyers. Global Sources on the other hand, kind of filters their suppliers and stricter than Alibaba when it comes to the quality of goods being sold on their website, that’s probably why it has lesser number of suppliers than Alibaba who has about a million registered suppliers, can you imagine the chance of stumbling upon one bad supplier, yikes. Alibaba faces problems over counterfeit goods; hence their reputation was slightly put on danger. A platform similar to Alibaba, and they go as far as organizing trade shows in the continent of Asia. I get asked this all the time and have not found a good thorough answer (other than "it is cheaper."). Alibaba vs. Globalsources. It is also a process that can be hit or miss. While Alibaba ad JD operate on fundamentally different business models, it is not too far fetched to say that their will be overlap between them very soon, as one, or both of them, moves into the other’s niche in the near future. We use cookies to give you the best possible experience on our website. But that may be changing. This video clearly explains the differences between Alibaba and Global Sources. Meet with your local Government’s trade departments. What marketing strategies does Globalsources use? A photo of a Global Sources tradeshow Factories at these shows face the same frustrations as they do on open marketplaces like Alibaba. They can usually provide you with useful contacts, give you useful information and keep you informed on upcoming trade and networking events in your country. Become a seller on Alibaba.com and reach millions of B2B buyers globally! By managing the entire supply chain, JD states they ensure authenticity and quality and slo offer better service than their competitors. WINNER: Global Sources. Global sources is 29 years older than Alibaba hence they are more experienced with the export and selling market. Global Sources vs. Made in China? Pro Tip: Learn How to Validate Your Private Label Product and Save $500+ Along the Way. The post first appear on The Sourcing Blog where it highlight the key differences of the Major Sourcing platforms, Canton Fair, Alibaba and the Global Sources Show.. Canton Fair While the Canton Fair is by far the biggest and oldest amongst the three sourcing platforms it also has its own share of pros & cons. In this video we discuss: Alibaba vs GlobalSources For Amazon FBASo what's the best? Credit Card, Bank Transfer, Alipay, Western Union, Qiwi, Webmoney, Boleto, Letter of Credit, Wire Transfer, Letter of Credit, Credit Card, Western Union, cash, Known for reliable suppliers + higher quality products. Remember that both websites are just a selling platform, the products sold or the suppliers do not exactly define both of them. Moreover, their suppliers are said to be more reliable and their products have higher quality. Finding the best suppliers takes a little bit of patience, research, intuition and tons of luck. How to Save Money When Paying Your Factory – Goodbye Bank Wire Fees! Alibaba and Global Sources both aim for the same goal: to be your one-stop product sourcing platform. This nascent website is a boon for US sellers who want to deal with US suppliers. Reputation Global sources is 29 years older than Alibaba hence they are more experienced with the export and selling market. Global Sources does not have the same numbers as Alibaba but it offers pretty much reliable suppliers and higher quality merchandise. Anyways, i am not against alibaba coz it is one of the top rated B2B market in online world. Or another variation … While costs may be a little higher than their Chinese counterparts, you’ll receive your inventory sooner, and you won’t have to worry about miscommunication issues. Global From Asia enjoys creating valuable content to help you grow your cross border business from Asia direct. I would say the starting and develop point for this two companies are completely different. They have a reputation for delivering quality goods and delivering them quickly. Alibaba Vs. Alibaba – Founded in 1999 by Jack Ma. When you want to transfer money to China, there are always associated costs. The overall consensus among buyers and importers is that Global Sources offers higher quality and better vetted suppliers. Global Sources is the one-stop online B2B marketplace that serves people on both the sourcing and buying ends of the business with a platform to connect and drive profitable trade. When it comes to finding private label manufacturers, Alibaba is one great source. Jingdong, or JD as they are commonly known, captured 25% of the B2C market last year, 2nd only to Alibaba. As a seller and manufacturer of clothing i have both account on alibaba and global source. However, you can't see the prices for … But is Alibaba getting pushed off the top of the hill by the scrappy upstart? Another knock on Alibaba is they oversimplify the sourcing process. The US channel needs a little more work, as some categories have international manufacturers rather than domestic ones. Without a doubt, every company or individual that sources, imports, and sells private label products from China on any ecommerce platform knows the name Alibaba. They are aware they have an authenticity problem, especially in the fashion niches, and they are spending tens of millions of dollars hiring specialized employees to combat this trend. It also provides electronic payment services, a shopping search engine and data-centric cloud computing services. Connect with others in the GFAVIP member community with a wide range of different events we have to offer. Continue Reading. Let's make some business action happen! We look at what is best for your FBA … At least Alibaba have a further qualification (Assessed Supplier) that can give you some confidence, but Global Sources don't have anything like that. Depends upon what you are looking for. Alibaba: How to Avoid Scams and Potential Disaster Table of Contents As e-commerce platforms like Amazon, Shopify, and Jet continue to grow, third party sellers are looking for more products to source and sell online, How to Save Money When Paying Your Factory – Goodbye Bank Wire Fees! Amazon vs Alibaba – Who is Winning? The best company can only be determined based on what one’s specific needs are. Another hot topic in ecommerce is product quality: one of Alibaba’s less-than-stellar perceived qualities. After being taken off the list 5 years ago, they were added back on in December of 2016 due to having an unacceptable level of counterfeit and pirated goods.This can be the kiss of death for many companies, but to Alibaba’s credit they are going all-in on trying to fix the problem. It would make sense for Alibaba to reach further towards JD’s bread and butter with one of their companies: Taobao or Tmall. Import quality Alibaba supplied by experienced manufacturers at Global Sources. )”, East and West - Differences of Seller Tactics on Both Sides of the Border with Howard Thai. global sources available on Alibaba.com meet the highest technical expectations, and are also available in different colors and specifications. Alibaba is a Chinese e-commerce company that provides consumer-to-consumer, business-to-consumer and business-to-business sales services via web portals. Global Sources is targeting larger, more established exporters who are interested in its multi-media platform (exhibitions, online, print, private buyer events). Global Sources (Which is Better For Sourcing? A wide variety of the global sources options are available to you, such as local service location, key selling points, and applicable industries. Global source gain more popularity day by day. Maybe it depends on the product category, maybe it depends on how specific you were in searching, and maybe it depends on the supplier. Sam Boyd, founder of Guided Imports typically speaks at these events. Research online trade marketplaces such as Alibaba, Global Sources, Made-In-China, Trade India or EC21 to name a few. This Common Mistake will Doom Your Business. But they use completely different approaches to achieve this goal. Find Alibaba manufacturers from China. Of course, they have their Business to Business Method, and strong in certain country. While you’re reading this, keep something in, Getting the Most Out of Negotiations for Low Volume Buyers If this is your first time working with a factory and you production size is small (less than $50,000), then it is safe to assume, Pro Tip: Learn How to Validate Your Private Label Product and Save $500+ Along the Way! JD is essentially the Amazon of the East. Alibaba.com offers 2,525 the global sources products. Thread starter AgroVenturesPeru; Start date Sep 28, 2020; A. AgroVenturesPeru Solar Enthusiast. In any case, it will be interesting to watch what happens in this sector as competition heats up and the big boys try and stake their claim as King of the Hill in the ecommerce industry as it relates to product sourcing from China. GlobalSources VS Alibaba GlobalSources and Alibaba comparison. The most significant difference between Alibaba and Global Sources is in product selection. However, it has been a recurring theme with Alibaba, and when Jack Ma, Alibaba’s founder, boasted in 2014 that fakes were often “better quality and better price than the real names” — it didn’t exactly bode well for Alibaba’s chances of staying off the Blacklist. and Globals Sources Star system works the same way. Global Sources // Product Availability. However, there's a difference between Alibaba and Global Sources. As previously mentioned, Alibaba still struggles over counterfeit goods, and you certainly want to avoid that by carefully selecting the best supplier you can find. Which Database is Better Alibaba or Global Sources? Inexperienced buyers often times end up losing a lot of money because of: poor quality products, dubious supplier quality claims, in-house sourcing agents who barely speak English, and just overall confusion regarding the process. Global From Asia has had many in the community ask for jobs, service providers, meetup events, and more. In fact, JD uses drones to deliver packages and has their own version of the home assisted speaker like Echo and Alexa: the fantastically named DingDong A1! We were quoted £1500 to be paid by bank transfer to Account Name: Next Day Mobile Sort code: 23-00-82 Account No: 00083946. Global Sources, in particular, stands out as a platform that differentiates itself from Alibaba, by simplifying the sourcing process with their online platforms, while also providing a trade show and maintaining high verification and licensing standards for their suppliers. Aside from being recently added the the US trade Blacklist, they have been chided for not more tightly controlling the quality of the suppliers they and products they list. Ordering Samples from a Potential Factory? Main Advantage Alibaba is a huge market place; hence it gives you way too many options you can freely choose from. 16 votes, 33 comments. Granted, they have thousands of suppliers listed on their site and Taobao has hundreds of thousands of products for sale. Another reason why Global Sources is perceived as a better B2B directory is that they are focused on specific sectors: electronics, fashion and accessories, and home and gift items. As a result, the quality of most manufacturers is better. In its earliest iteration, Global Sources was a print catalog of Asian factories and trading companies. Global Sources is a multi-channel B2B media company, through its English-language media , Global Sources website and a large number of exhibitions held annually, the company promotes the export trade in the Greater China region . This Common Mistake will Doom Your Business The quickest way to ensure your new, exciting product gets poor reviews and suffers a high return rate is by not carefully, There are Two Types of Samples Ordering samples is an integral part of the supplier selection process. And O2O basically means online to offline, which means that we also host trade shows whereas Alibaba is more only online focus, they don’t have their trade shows, Global Sources also has trade shows. And as you can see from the chart below, they have actually surpassed Alibaba in revenue and are trending in the right direction. Alibaba is trying to build an SME ecosystem through its subsidiaries Alibaba.com, Alipay.com, Taobao.com, AliExpress and AliLoan. The best supplier basically must be reliable, negotiable, offers high quality products and good customer service. Alibaba has also diversified into … Amazon and Alibaba, the two big giants of the ecommerce industry are competing against each other to win the crown for the leader of the global ecommerce market. Products While Alibaba is known as the jack of all trades, Global Sources mainly focuses on electronics, mobile electronics, fashion and gifts & home, while catering also the same categories as Alibaba’s. Finding a product to sell online is one of the most difficult tasks for ecommerce sellers. Meanwhile, Global Sources has an estimated net profit of $19.8M. Sep 28, 2020 #1 Why would you prefer to order from Alibaba over Globalsources? Which directory is better? About 2% of these are General Trade Agents, 9% are Air Freight, and 1% are Sea Freight. Global Sources – B2B Platform. Global Sources (GSOL) Q1 Result and Alibaba’s new business initiative GSOL delivered a very strong Q1 result. Alibaba is bigger, but Global Sources is older. They are based in Hong Kong. Zomato, backed by Alibaba's Ant Financial, Tiger Global, and others, managed to push its revenues up from Rs 1,350 crore in FY19 to Rs 2,485 crore in … Alibaba. Alibaba is so much strong. JD, on the other hand, operates almost entirely in-house. A lot. Millions of users sift thru pages of Alibaba, it is very well known all over the world. Global Sources is a Hong-Kong based business-to-business (B2B) media company.It facilitates trade from Greater China to the world, using a wide range of English-language media and facilitates trade from the world to Greater China, using Chinese-language media. In this post, I detail my quest to find, Ordering Samples from a Potential Factory? At some point, you will encounter one bad supplier at both platforms, but this could be avoided as long as searching is done meticulously and carefully. As a seller, it is vital to have a reliable and trustworthy supplier. Both companies have a track record of decades of work in the supplier business. Granted, they now have to go through an Onsite Check before they can get a Gold rating, but this does nothing to verify quality. Global Sources is the leading China business-to-business (B2B) wholesale marketplace that connects buyers worldwide with Verified Suppliers from China and Asia. Getting the Most Out of Negotiations for Low Volume Buyers. Website stats comparison between globalsources.com and alibaba.com. There is also the matter of the controversial “Gold Supplier”. global sources for recreational and commercial use comes with many unique abilities such as high-quality wheels suitable for multiple kinds of terrain and other optimizations for rider flexibility. Alibaba is the leader in China’s huge e-commerce sector, projecting a sunny image to the world epitomised by globe-trotting founder and billionaire former chairman Jack Ma. Regardless if you’re, Copyright © 2020 Guided Imports PTE LTD. All Rights Reserved. Let’s look at some of the criteria to compare the differences. credit-check, supplier-capability-assessment, supplier verification. For more details including how to change your cookie settings, please read our Cookie Policy. Alibaba was founded by … Check out the below media formats we currently have and are constantly finding more ways to share knowledge and connect with you. Manufacturers are all over the place looking to create custom designed products or add little modifications. Alibaba vs Global Sources. Another reason why Global Sources is perceived as a better B2B directory is that they are focused on specific sectors: electronics, fashion and accessories, and home and gift items. In fact, when I hear trading industry, Alibaba is the first thing that comes to mind. In fact, Jack Ma, the founder of Alibaba is worth about $34 billion as a result of the staggering popularity of his company. Tags: alibaba, asia, business, career, china, corporate, e-commerce, ecommerce, entrepreneur, global sources, guide, import export, online shopping, tips, Looking for inexpensive plastic Tee’s for new product OD 1/2″ ID 3/8″, 2-1/2″- 3″ and other connecting products. Two infamous happy hunting grounds for most sellers are Alibaba and Global Sources. States trade Representative arm of the top of the criteria to compare the differences between and... Of different events we have to offer hear trading industry, Alibaba is a Chinese company! Not exactly define both of them of global sources vs alibaba with Alibaba on both Sides the! After its hugely successful IPO in 2014, Alibaba is one great source trade shows in the right.... 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