YIWU MARKET is More Competitive

2020-08-26

YIWU MARKET is the world's largest small commodity market. Anyone who does a small commodity business knows that you can find the most comprehensive and cheapest small commodities in Yiwu. Moreover, with the continuous development of YIWU MARKET, it is no longer comprehensive to define Yiwu's commodity range with small commodities. It should be said that all commodities for daily life and production can be bought in Yiwu at low prices. Because of the cheap prices in Yiwu, people would rather use "small commodities" as the general term for all commodities in Yiwu.

Today, when the real economy is constantly challenged by the e-commerce economy, many physical supermarkets have reduced the scale of their production, while the scale of YIWU MARKET is getting bigger and bigger. What makes YIWU MARKET capable of such a strong competitiveness?

1. Scale advantage
YIWU MARKET has a total area of more than 1 million square meters, 45,000 business spaces, and more than 100,000 operators. There are more than 10 specialized markets and 30 specialized streets in the city. In October 2002, the newly constructed modern "Futian Market" was about to be put into use, doubling the scale of the small commodity market.

2. Product advantages
YIWU MARKET operates a complete range of products, bringing together nearly 320,000 commodities in 28 categories. These products are cheap and good quality, and more than 90% of them are exported all over the country and around the world.

3. Network advantage
YIWU MARKET has also kept up with the development of the Internet trend. Established more than 30 sub-markets in more than 20 provinces and cities across the country; established 5 sub-markets in South Africa, Ukraine and other countries; 120,000 Yiwu business forces, of which 50,000 are distributed throughout the country, with more than 30,000 business people nationwide . At the same time, Yiwu Small Commodity Market is still actively deploying online transactions, and its subsidiary Yi Caibao and Yiwu Gou have become industry benchmarks for small commodity procurement.

4. Management advantage
After more than 20 years of practice, the market has formed a set of standardized management systems, creating a fair competition, law-abiding operation, and orderly business environment.

 


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