1. Seize Russia's High Spending Clothing Market, Merchant Need a Gateway
About half of all clothes and shoes bought in Russia are
bought on internet, according to Russia's statistical
agency.
As of 1 October, there were almost 3,500 retail markets
in Russia, of which 73% were selling virtually anything
that money can buy, whilst about 10% were
specializing in selling clothes and other merchandise.
Unsurprisingly, the main reason why many Russian buy
clothes online, rather than in shops, is the question of price.
A pensioner visiting an online market in the Russian city of Volgograd told the Report
that online market prices were lower in general, plus you could always try to knock
them down even further. A young woman said that usually the market got new stock
coming in more often than most shops, while the quality of clothes was "almost the
same”. For one middle-aged lady it was not about the price. She said she came to the
market often to find clothes for her child, which she could not find in shops. “You
could find some quality stuff here as well," she said.
The same with Russia, china also has a lot of merchants who have high quality cloth
and can’t find a market to sell. The prosperous Russia market has provided them with
a good choice. Among the obstacles lay ahead, the payment gateway solution in one
of the biggest ones. By establishing a local payment gateway in Russia; GlobeBill can
effectively help the foreign investments solve the problems of operating difficulty.
As a representative of GlobeBill, Lin said that the number of Chinese third-party
payment companies involving in Russian Foreign Trade receivables were very limited
which has caused a lot of obstacles when foreign power want to enter the Russian
market. The payment gateway will be able to provide both Russian and Chinese
merchants a professional payment solution in Russian local business.