GlobalSources VS Alibaba
GlobalSources and Alibaba comparison
Both Alibaba and GlobalSources basically share the same objective: to be a one-stop B2B platform for supplier sourcing in China. But they use completely different approaches to achieve this goal.
GlobalSources in its present format was created in the year 2000 and it has a lot in common with Alibaba.com. These companies basically share the same objective: to be a one-stop B2B platform for supplier sourcing in China. But they use completely different approaches to achieve this goal.
Reputation
Alibaba is the largest and the most famous B2B platform in the world. But it has certain problems with authenticity. In the US it is even included in the “black list” of companies, selling counterfeit goods.
The distinctive feature of GlobalSources is that it is closely linked with Hong Kong trade fairs. The sellers on this platform are authentic and reputable companies from China, Hong Kong, Taiwan and other countries.
Goods
Alibaba is known for its enormous product range, whereas GlobalSources mainly specializes in electronics, fashion accessories, gifts and home goods. Other categories are also present, but not to the same extent as on Alibaba.
GlobalSources also has a much more user-friendly interface, with a flexible search engine and a built-in tool to compare suppliers and their products.
Supplier credibility
Around 1 million suppliers are registered on Alibaba, but it may be difficult to determine the degree of reliability and trustworthiness of the manufacturer on this site.
On the other hand, GlobalSources follows the principle “quantity does not necessarily mean quality”. It has only 150000 suppliers, but all of them had to undergo a strict selection process, so their level of credibility is much higher. This is actually the main advantage of GlobalSources in comparison with Alibaba.
If you are looking for a reliable supplier in China, GlobalSources should be definitely taken into consideration.
More Amazon news
Major shutdowns in China due to new COVID outbreaks
Multiple companies in Zhejiang province have suspended operations due to COVID-19 outbreak, halting production of goods from batteries and clothing to textile dyes and plastics. Zhejiang is one of China's biggest and busiest manufacturing hubs. The local government...
Amazon is using sellers as a cash cow
Amazon collects a third of seller revenue A new study claims that Amazon makes far more from fees on its Marketplace platform than even the cash cow known as AWS, reports TechCrunch. According to the report by the Institute for Local Self-Reliance, sellers now give...
Inflation spreads to e-commerce
A recent report by Adobe shows that e-commerce is experiencing many of the same pricing pressures in the broader economy due to supply chain problems, higher shipping and labor costs. Online prices rose 1.9% in October from a year earlier and 0.9% from the previous...