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How to Promote E-Commerce Exports to China: An Empirical Analysis

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This paper focuses on the recent extraordinary growth of Chinese cross-border online shopping and draws implications for firm strategies and government policies in Korea to utilize the phenomenon as an opportunity to expand into a broader market via e-commerce exports. I conduct a survey of Chinese cross-border online consumers to identify constraining and determining factors during the stages of their purchase decisions of Korean products. Given the fact that Chinese cross-border online shopping is at the incipient stage and consumers have expressed a strong intent to repurchase, future strategies should focus on attracting new consumers. Accordingly, Korean firms should build a powerful brand image, improve product quality and post-purchase services, and take full advantage of the popularity of the Korean Wave. Meanwhile, the government must step up policy efforts by, for instance, improving e-commerce export statistics, simplifying logistics and clearance procedures, and building trust in Chinese consumers.

Abstract

This paper focuses on the recent extraordinary growth of Chinese cross-border online shopping and draws implications for firm strategies and government policies in Korea to utilize the phenomenon as an opportunity to expand into a broader market via e-commerce exports. I conduct a survey of Chinese cross-border online consumers to identify constraining and determining factors during the stages of their purchase decisions of Korean products. Given the fact that Chinese cross-border online shopping is at the incipient stage and consumers have expressed a strong intent to repurchase, future strategies should focus on attracting new consumers. Accordingly, Korean firms should build a powerful brand image, improve product quality and post-purchase services, and take full advantage of the popularity of the Korean Wave. Meanwhile, the government must step up policy efforts by, for instance, improving e-commerce export statistics, simplifying logistics and clearance procedures, and building trust in Chinese consumers.

참고문헌 (19)

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  2. Chang, Sangsik., "A New Avenue for Exports and B2C Direct Sales Strategy—Consumer Evaluation of Korean Products in US, Japan, Indonesia, Vietnam", Trade Focus, 28 (2015), Institute for International Trade, Korea International Trade Association
  3. Statistical Report on Internet Development in China, "CNNIC (China Internet Network Information Center)", ~ (2015)
  4. "IPC Cross-Border E-Commerce Report" (2010)[URL]
  5. 2012-2013 China E-commerce Report (Brief Edition), "iResearch", ~ (2013)
  6. 2014 China E-commerce Report (Brief Edition), "iResearch", ~ (2015)
  7. 2015 China Online Shopping Report (Brief Edition), "iResearch", ~ (2015)
  8. Kim, Dan J., "Trust and Satisfaction, Two Stepping Stones for Successful E-Commerce Relationships: A Longitudinal Exploration", Information Systems Research, 20(2), pp.237~257 (2009)
  9. Kim, Sungok, "A Study on Chinese ICT Companies’ Overseas Strategy and Korea-China Cooperation Policy" (2013), National Research Council for Economics
  10. China’s E-Commerce Growth and Korea’s Opportunities: E-Commerce Exports. in Structural Changes in the Chinese Economy and Opportunities for Korea, "Kim, Min Jung.", KDI, ~, pp.Research Monograph 2015-09 (2015)
  11. Kim, Min Jung, "Korea’s E-Commerce Exports to China: Direction for Corporate Strategy and Government Policy", KDI Focus, (64) (2016)
  12. Korea Customs Service, "Rapid Growth in Cross-border Online Shopping Slows in the First Half of 2015", ~ (2015)
  13. Korea Customs Service, "E-Commerce Export (reverse direct purchase) Trend", ~ (2015)
  14. Kuan Huei-Huang, "Comparing the Effects of Website Quality on Customer Initial Purchase and Continued Purchase at E-commerce Websites", Behaviour & Information Technology, 27(1), pp.3~16 (2008)
  15. The Drivers and Impediments for Cross-border e-Commerce in the EU, "Gomez-Herrera", Institute for Prospective Technological Studies, ~, pp.Digital Economy Working Paper, 2013 (2013), 02
  16. Gomez-Herrera, Estrella, "The Drivers and Impediments for Cross-border E-commerce in the EU", Information Economics and Policy, 28, pp.83~96 (2014)
  17. PayPal, "Modern Spice Routes: The Cultural Impact and Economic Opportunity of Cross-Border Shopping", ~ (2013)
  18. Posselt, Thorsten, "Pre-sale vs. Post-sale e-satisfaction: Impact on Repurchase Intention and Overall Satisfaction", Journal of Interactive Marketing, 19(4), pp.35~47 (2005)
  19. Shankar, Venkatesh, "Customer Satisfaction and Loyalty in Online and Offline Environments", International Journal of Research in Marketing, 20(2), pp.153~175 (2003)

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