On China’s Alibaba’s Success
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During the 10 years of development, Alibaba has established a unique business mode, a borderless e-trade market running around the clock on the Internet for enterprises and individuals without limit in time and space and providing itself and millions of small and medium-sized enterprises(SME) with unprecedented business opportunities. The innovative marketing strategies of Alibaba has accelerated its development and distinguished itself in the field of e-commerce in the world. This paper at first offers an overview of Alibaba’s path of development, and then discusses its effective marketing strategies based on Professor McCarthy’s 4Ps theory. Finally it provides some suggestions on the improvement of its marketing strategies regarding the fight against the financial crisis worldwide which began in 2008.
Abstract
During the 10 years of development, Alibaba has established a unique business mode, a borderless e-trade market running around the clock on the Internet for enterprises and individuals without limit in time and space and providing itself and millions of small and medium-sized enterprises(SME) with unprecedented business opportunities. The innovative marketing strategies of Alibaba has accelerated its development and distinguished itself in the field of e-commerce in the world. This paper at first offers an overview of Alibaba’s path of development, and then discusses its effective marketing strategies based on Professor McCarthy’s 4Ps theory. Finally it provides some suggestions on the improvement of its marketing strategies regarding the fight against the financial crisis worldwide which began in 2008.
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