Transformation With Launch Of New E-Commerce Site by Jastar Inc.
The e- commerce industry is booming in China, particularly on the digital front. E-commerce sales in the first quarter of 2021 spiked 16% to $1.2 billion, according to The NPD Group. The increase was due in large part to the Feb. 12 Chinese New Year celebration, with sales in January growing 34%. The market was dominated by Chinese manufacturers.
- (1888PressRelease) June 25, 2021 - Industry analyst, from The NPD Group said “It’s a country that is primed for savvy international brands seeking opportunities in new markets. Even if the rate of growth slowed in 2020 due to the global pandemic, China over-performed other countries in the region and is already bouncing back. With the latest relaxation of the two-child policy and an ever-increasing middle-class population, we expect the Chinese e-commerce market’s healthy growth to continue.”
The COVID-19 pandemic has boosted an already growing e-commerce industry, thanks to various parts of the world going into lockdowns. Closure or limited access to in-person retail outlets forced a change in consumer behavior, and the consumer base for e-commerce websites increased drastically. As a result, the industry has seen an unprecedented 129% YOY growth in the US. China’s e-commerce industry is thriving.
The growth of the e-commerce industry in China appears to be unstoppable over the past few years. China’s most recent e-commerce boom did not decelerate even after the country got a handle on the virus and the economy fully reopened. Last year, in-store sales declined by 18.6% and were projected to decline by a further 9.8% in 2021. By comparison, e-commerce grew by 27.5% in 2020 and will grow by another 21.0% in 2021.
Jastar Inc., the nation’s largest direct retailer of value-priced supplies, today announced that it will expand its e-commerce presence. Company, is pleased to announce the official launch of Lumbuy that makes it easier than ever for busy professionals to shop and learn more about new products.
The new e-commerce platform provides greater flexibility for customers by allowing them to purchase directly from the site and also search for nearby retailers. It provides a seamless, intuitive user experience. Users can browse through the site’s thoughtfully selected brand collections, which include best-selling and globally popular brands
Jastar is widely recognized as the original innovator of the modern premium Sports, Outdoor, Clothes, Electronic product, Tools. Expert from Jastar said “launching a dedicated e-commerce platform helps us expand our reach to more global markets, but we also gain invaluable consumer insights that will allow us to continue to launch and refresh future products at a faster rate, further optimizing the in-store retail experience,”.
In addition to that, they said “We continue to improve the user experience for our online customers while creating a cohesive online experience that reflects our core values of community, quality, and unmatched customer service. We are excited to continue to work with web development team to provide a singular experience only found on our digital channels.”
“As a leader in the industry, this marketplace fits perfectly into Jastar long-term strategy, allowing them to disrupt the market and strengthen their position as a solution company by leveraging their assortments and value platforms.”
Lumbuy currently offers over 5000 products across categories like sports & outdoors, kids & baby, electronics & computers, home & kitchen, tools & garden, clothing. With the marketplace set to launch this summer, Jastar plans to add millions of curated products to its core product categories,
With quality products and competitive pricing in these categories are encouraged to email their profile to SERVICE ( @ ) LUMBUY dot COM
Experts say that “LUMBUY has carefully selected many reliable suppliers. All of them have business licenses and professional quality control teams to quickly expand the seller universe in its existing and growth categories”.
For more than 10 years, Jastar has been a leader in helping children and families celebrate, express creativity and bring fun into their lives. The marketplace launch will help solidify their spot as an e-commerce leader and a brand that customers will continue to know and love for years to come.
About Jastar Inc
It is an international trading company, which is the HQ for Lumbuy and Chinasaleonline.
▪ Company Location : Wyoming, United State
▪ Business Scope: Sports, Outdoor, Clothes, Electronic product, Tools
▪ Branch: Lumbuy
About Lumbuy
Lumbuy is a company located in Hong Kong whose mission is to offer the best products made in China to you. China is the world’s factory. China’s manufacturing sector has matured significantly. Factories have improved their processes, quality control, and training of workers over time. As Chinese labour costs have risen, the factory has had to adapt by operating more efficiently. By focusing on producing better quality from the beginning it can skip the manual rework that used to be required. So China is not a manufacturing hub that churns out low-grade cheap products any more.
Lots of premium “high quality” products are already made in China. Many Chinese factories are not well known, but they are important overseas manufacturing plants of many world famous brands. To offer you premium products with affordable price, LUMBUY has carefully selected many reliable suppliers. All of them have business licenses and professional quality control teams.
Lumbuy is a branch of Jastar which focuses on B2C.
• Company Location: Shenzhen, China
• Company Structure:50
• Organization:President,operation department,Purchasing department,Customer Services department,Marketing department
• Business Scope:Sports & Outdoors, Kids & Baby, Electronics & Computers, Home & Kitchen, Tools & Garden, Clothing
• Customer Group:Europe, America
• Supplier: Shenzhen, Yiwu, Hubei, Dongguang
• Established:2021/03/01
• Web:lumbuy.com
• Email: service ( @ ) lumbuy dot com
For Details Visit: - https://lumbuy.com/
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