The Alibaba Effect

Alibaba is the biggest business story of 2015. Why? Because it is poised to take the e-commerce world by storm.
Jim Tompkins, supply chain and retail operations strategy expert, reveals what your business needs to know about this Chinese e-marketplace that is quickly becoming the fastest growing e-commerce company in the world. With more than $1 billion invested in businesses across the U.S., Alibaba’s IPO launched in New York City on September 19, 2014.
To learn more about Alibaba, its IPO, Jack Ma’s strategies, and what all of this means for your business, review the additional resources on the web page below.
www.tompkinsinc.com/alibaba-ef...

[@yiheng315]

Well presentation and extremely informative in structural flow. This awesome video reveals what our business needs to know about chinese e-marketplace, the trend of local e-commerce vs global e-commerce and the execution for the big picture point of view. I dont think this was too long. I wish to have more ppl can follow what Jim tomkins had done. Spreading around the positive energy to the world. Everything you think and do creates energy. We still learning how to create positive energy for positive change in our life. Good luck!

[@concerned_2023]

A couple of years ago frustrated with the LED selection from my wholesalers, I went in seach of products on the Internet and came across the national US brands. After informing them that I would look to purhase a large order for a multiple building T12 to LED conversion, I was referred back to the channel. Different products were in different channels. Then I came across sites like Alibaba and searched out products with the features that I was looking for. As a result, and through due diligence, I started to converse with various manufactures of quality, and vetted products and maintain regular contact with their cheerful and very pleasant representatives. In the US, manufactures need to flatten the distriubtion channel and open up the process to smaller businesses willing to purchase smaller runs. I am now expanding my product line beyond LED lighting. The next part of the Alibaba story will be shipping. I currently use DHL, and have done a shipment by sea, I am also currently exploring more options for sea shipments, but trust has been an issue on both sides of the continent.  As far as language being a barrier - has anyone tried to phone a large company and reached a customer service representative these days?

[@fisheryu4466]

most of chinese salesman can speak english ,especially who worknow for a export company .

[@bantublood]

Everything U said was spot on and now I see and can connect all the lose ends and make sense of where everything is going. Thank U very much and just so U know I listened to every second and sometimes went back and don't think this was too long. Thank U so very much.

[@jpkaranja877]

The Alibaba effect perspective is mind blowing and provocative.Well put

[@marlonpriets5880]

yeah. the magnitude of this scam is really mind-blowing

[@Taitai-xj1vm]

A brilliant presentation- US vS CHINA, the game is ON!

[@ahmadjan2508]

this video is done superbly . But when you think how to counteract against Alibaba in US, you need to exactly what Jack Ma said, you need to focus on the market after 15 years later while Jack Ma is busy executing Alibaba's strategy in US . Whatever strategy you figure out right now as the reaction to Alibaba in US, that will never work . Alibaba spent 15 years to strategize their approach US market.

[@uclastudentservices309]

This is one of best presentations I have seen. Very well done and extremely informative. Thank you!

[@ulviyaasadova9329]

alıbabanin

[@timelessd9096]

3 years after . . . this man is happy that Alibaba is indeed a very potent force in the world. Last year's singles day sales (on 1 day) is $18 billion and this was a huge figure for a single day.

[@Professorsavingsposts]

As an American living in Hong Kong + San Francisco, the difference is that I see Jack Ma utilizing SPEED!

[@justinbeghly1435]

It’s fun to hear about their small acquisitions, almost all are long gone or eaten up. Proof as to how difficult it is to pick winners.

[@iljakhanan9874]

Ive lived in China for over three years. One point he forgot to mention is that m-commerce will change e-commerce as much as e-commerce has changed the brick and mortar shopping trend.. Alibaba has a bright future ahead and it will be interesting to see how they will integrate globally and affect retail..

[@camman6912]

Ilja Khanan thank you for your comment I see many ignorance posted on here

[@justinbeghly1435]

Guess not

[@Abhi-tv1ml]

TY FOR THE VIDEO Just what i was looking for .. pls make more videos your doing lot more than you think for the people . efforts appreciated!!

[@patric20990]

Great reflection of the Ali baba effect Jim.Thanks for the video.Very informative

[@zclzc]

It's interesting how this video did not propose any negative prospects of Alibaba to balance the viewpoint.

[@timelessd9096]

I just saw on your video Jack Ma's kungfu name Feng Qing Yang. Feng Qing Yang (from the novel Smiling Proud Wanderer) was the one who taught the protagonist, Lin Huchong, the invincible "9 solitary strokes" (of swordplay). Or you could google "The legend of the swordsman" or "Swordsman" starring Jet Li on the part when Feng Qin Yang taught the swordplay to Lin Huchong.

[@Professorsavingsposts]

Great point about being your own search engine!

[@timleung9758]

Please do an update now that we are in 2018 and Alibaba has grown a lot.

[@JerryBlizzard]

You talk about how i need this and that? I need nothing! I live very frugally, walking to stores to purchase fresh produce 2-3 times /week. I leave no carbon footprint to harm my earth mother. I pollute nothing/nobody. I am retired. Who are you trying to convince of being needy? I like the Honorable Mr. Jack Ma! If he desires my aid, or knowledge, I will help him any way that I can. Freely! You guys speaking of my needing something, are boasting, & that is much more difficult to honor than promises.

[@Abhi-tv1ml]

how do u do all these research ?

[@Warriors-my3qu]

Great video. This single handedly got me prepared for my class presentation lol.

[@custodioalvarezcardona1623]

CORDIAL SALUDO, ESTAS CONFERENCIA LAS NECESITAMOS EN ESPAÑOL, MIL GRACIAS.

[@rontakabuda1249]

Jack Ma is smart,,kind man ,and the fantastic ways he acts.,,speaking etc are very interesting. U got that. Jack Ma. go. go.

[@marksusa1826]

great job mr and i will call u abt start business on ALIBABA NO IDEA what kind but i hope

[@reynoldwang2912]

Don't have to buy Alibaba when everyone else is liking it so much that the price-per-earning and market cap are so high. Many bought over $100 a share, and a few of my friends bought at $110-plus a share, only to see that the share prices come back down to $85-88 a share when investors finally calm down and digest all the reasons for excitement surrounding Alibaba's IPO. Now, Topkins spokesman here talks about vast amount of delivery for Alibaba everyday. Think about it people. What does this mean? We don't have to chase Alibaba with an over $200 billion market cap. And delivery means using trucks, cars and drones. Look at the trend for cars, trucks and drones. They are becoming autonomous in the future. Now, if you still follow me, you see what I am getting at. Without giving you the name of the company, I will end my hint here.

[@camman6912]

Reynold Wang now the price is 179 a share

[@gregoryf.degraf4387]

How can one create their own search engine for their market?

[@leafmystery]

Very impressive, not only by the vedio but also by the author. It would take a lot of work to gather and orgnize the information. I doubt whether there is a Chinese person could do such a good work.

[@JohnHong1]

Finished the whole video, very informative!!

[@rifatbari6450]

This is great man. Very informative!

[@ayjay10016]

Absolutely loved it.

[@K1.39]

Very informative and precise video. Thank you for sharing your valuable insights.

[@roamingalone5226]

Very informative & structure presentation. Thank you!

[@lanzdparrot]

Im using alibaba since 2010. I never satisfied with the quality of the product And supplier am getting, I still need to attend exhibition to find a reliable supplier.

[@kentheengineer592]

open my perspective thank you

[@1313hyme]

Thanks for the video. Video is well structured and very informative.

[@madhulama6229]

Wow what an information you've shared wid us. Thank you.

[@PlugInCaroo]

Awesome presentation 👍 But AliBaba can only happen in a country that produces products at lowest prices in the world. JackMa cannot for the life of him do the same say in US, Australia, or India. The key is low-cost of electricity, production, labor and warehouses.

[@markmessa5888]

Good presentation, one of the best I've seen

[@dejenwogayehu1240]

Great presentation!

[@bakheg6153]

the old man and alibaba, market rival. marketing is a competition. this is good for consumers.

[@TaroubAAbdu]

such a smart successful guy, Jack Ma is really a global leader

[@makeaventuras]

很有意思的公司！谢谢！

[@europenam791]

great point of view thanks for the good video !

[@NoraGreen1992]

I'm using this as a case study in exam. Thank you! But dang, Ali rich!

[@jetli9661]

The speech is really helpful and amazing

[@johntefonlimaironwood6438]

Very very good presentation 👍👍👍

[@eugenetsarkin]

Thank you for making this video. I found it really structured and informative.

[@NadzSamson]

Very nice presentation,I watched it from beginning to end.

[@hlonipanijere431]

I like the videos they are awesome and excellentt I feel likewatching theem thewhole day

[@anthonywongkl7979]

How can I make use of Alibaba to have a startup on new small business?

[@l.thomas4698]

+Anthony WongKL i am chinese and i am using alibaba everyday. frist,...u must have some amzing products, then... u can start it.

[@timelessd9096]

Without amazing products, you need a lot of effort to browse for information to "buy" and "sell" for a profit. There will always be amazing companies that are unknown that product reasonably good products (from China, since it is low cost) that you could buy in bulk and then sell them to oversea markets. A little extra needed would be to visit some of these factories/manufacturers so that you could establish longer relationships and also to have a more secure feel about how the products are made and understanding them. One of my friends is doing this and most of the items that he got for his clients (some of his clients are big companies) are big items costing around $50,000. He made more than 10% from some of these transactions. Of course, credibility is another important thing. His clients trust him (he is Singapore based) and sometimes the corporated clients need a local person to service when there are problems (like machines instead of having to turn to the Chinese manufacturer). I started differently nearly 30 years ago. As many American companies moved to Asia in the 80s and 90s, I served as the middleman to support the American/western corporations in their needs for good quality suppliers. In a word, my company served as a trading company, buying from manufacturers and selling them to the corporations. What these huge corporations needed was huge quantity of the highest quality and I was getting businesses to the tune of millions of dollars per month. With such high turnover, I could afford to charge very low "profits" like between 5% to 10% (sometimes much less and on occasions much higher like more than 50% for unique one-off transactions). In this way, my company (very small company of less than 10 employees) could make profits of more than $1 million in the past. As the market became more competitive, we stopped trading and bought shares in some of the best most reliable manufacturers. Business model have to change with times.

[@Jeff-cm9oy]

Amazing

[@TangenChan]

I believe how Alibaba is gonna be power in the world.

[@ianchan9696]

less YY

[@TangenChan]

Zhuangbi ke yi you. Haha.

[@TheBaldr]

Yet in 3 years, they barely made a dent in US eCommerce. They had to sell companies like 11 main and just not getting penetration into the US market and probably never will be.

[@supriyochoudhury1891]

good job Jack

[@selsan4470]

Thanks so much for presentation!

[@metowolf]

1:55, where is TaiWan China?

[@michelaloddo3957]

ALI BABA IS ON MY SCHOOL!!

[@vantruongdang4396]

good

[@proudethailander6702]

if is in the world how come people in us dont know them .

[@Sigliry]

Actually I had a friend who runs business on TaoBao since 2010. As a student in China, what she did what was to drop off from college and started the business by using her mother's money. Four years from now, she becomes very rich. (Richer than most middle class in China.) She primarily sells makeup stuffs online, and needs to have stable relationship with deliver services. However, she told me that "over 1/3 of the product on TaoBao was fake, and that was a business secret everyone needs to keep when you do business on TaoBao. And the quality of those product was terrible, which made in China of cause.

[@ForceOfWizardry]

Over 1/3 fake? So your saying 1/2 is fake! lol!

[@Sigliry]

doesn't matter it just fake

[@Xind0898]

Hong rui Zhang yea fake product is huge problem but not caused by Taobao, its one of the problem faced by the whole china consumer market. recognising the problem is the first step towards solving it, Chinese people should just learn that cheap price does not not only equals bargain but shit quality too. (but who doesn't love good quality counterfeit product LOL)

[@Sigliry]

and who doesn't know the success of " jingdong", another online shopping market right after taobao in China, due to its fame for good quality stuff and less fake goods. Please rethink what you said...

[@Sigliry]

If you blame, company gets to blame first, not employees. " Jingdong" is a big example.

[@PaulSalo]

Living in China, I used Alibaba/Taobao since they started. Alibaba's Achilles heel is mobile. People still access most Alibaba group sites on their PC's. Tencent is killing them on smartphones img.qz.com/2014/06/china-s-most-popular-apps-may-2014_chartbuilder.png?w=1200

[@PaulSalo]

Tracy Greenwood to use the best of Tencent, download Wechat on your phone. It's something like Line in Korea/Japan but a much more capable software. Very intuitive. The issue is that ecommerce functions are still only in China as far as I know. Facebook is watching WeChat like a hawk. Most agents that are succeeding selling real estate to Chinese buyers use WeChat for all communication

[@ManHeyuan]

The tech sector has always been volatile. Like Jack Ma said, "Do not fear competition if you're in business". He should be astute enough to do something about it if it is threatening Ali's business model.

[@felixthefoxMEXICO]

Yi Jiun where did he say that? do you have a link?

[@felixthefoxMEXICO]

the mistake tencent have made is that they have taken their focus off retail and onto apps their wechat program has made some decisions wrt partnerships that are ruining it's business, especially outside of china. major concerns over the lack of innovation at tencent; esp the lack of innovation that may be down to their broadly defined vision.

[@user-vr8rf3qr2t]

+Paul Salo tencent and alibaba are so stark in china，taobao and wechat are also good produce .

[@mtxxxx4861]

WHAT DOES 'AMAZON.COM' DO ?

[@marlonpriets5880]

More or less the same thing. The main difference is that amazon didn't make scamming people their business model

[@mzzzol]

USA needs to compete with Alibaba they are taking all the money.

[@ummumar9207]

thank you! great clip.

[@TheSuperzhw]

Come on, they can't just be making money off ads like that

[@ardat4583]

Yes they can.. We talk about china who has the largest population in the world

[@kgp4death]

clinton believe me hand thing, make me not want to believe you.

[@josephgreco1064]

Terrific video

[@oneshot2028]

Well, it did NOT take the world by storm. We know that NOW.😂

[@narinphatsimon2697]

Schön ok

[@cigdemturkmen]

too many numbers. i cant catch your point! omg -_-

[@narinphatsimon2697]

🌎🙏🙏🙏🙏🙏❤️❤️❤️❤️❤️❤️❤️❤️🌎

[@JerryBlizzard]

In other words, your numbers just popped up in your latest nightmare. Boasts are harder to honor than promises.

[@shyamlalbharti3153]

#The Alibaba Effect...??/#To,The Nation's of all World. #Hon'ble Sir,"Kyaa Aap Uparichit ho...?? Bilkul nahin.....Jiwan Safer ki Sewaaon mein,"Jan Maanush nein DOG-POORMAN-4TH.CLASS Aur People ke Tital se Pahchaan Dete Rahe;Kintu.....Jo Unbhigya hai,"Ushe ke Sangyaan mein Aane par,"Hon'ble JACK MA Ji, Ab Apne mein Soudhaar kar,Work's ke Souyogya Naam deinge!! Kripyaa," Dhyaan dein,"Tumhaare Claims ka koi Aashtitav nahin hai;Apne Sneinh ka Parichay do......Thank's.....#Aapka:S.L.Rajvanshi/"WISDOM OF KING" bharat.

[@mathstar1100]

Alibaba :)

[@mrfookayu]

Haha 2020 they did do more than many countries combined 😂

[@az4fun864]

Thats true.

[@daahirhaashi3577]

Shaker that teves are yuo' tev Abo==stevart English late

[@adamtettran7471]

jack ma plz you talk about help so can you help people stop eat cats and dogs in china

[@peterhazell2733]

I dont like AI and if it were up to me Zendesk would be put in the trash.

[@justinbeghly1435]

It was

[@amberalonso1067]

LETS HOPE THIS SCAM WILL NOT LAST FOREVER

[@jonitan76]

scammers will never win.. when you scam some one.. you lose your reputaition.. online shoping based on trust.. if many trusted seller doing businees there, the more customer confidence to buy. i guess you never buy anything online to make that opinion.

[@jotacco9391]

alibaba and aliexpress are one big scam. they are not to be trusted. there is no need to deny the facts: www.trustpilot.com/review/www.alibaba.com

[@camman6912]

Amber Alonso I keep hearing this from you people saying the sky is falling all the time Meanwhile I'm laughing at all of you while I run to the bank

[@liapuptiduda7827]

I'm sure these sellers are laughing their head off while ripping you off with their scams

[@sungsyotto]

I hoped you got scammed of your life savings cause you're too stupid and ignorant to know. I know of a Nigerian king who wants to give you $50M in gold. Wanna go for it?

[@katsuvii1407]

4th number pigs alibaba......

[@tbonyh3976]

No idea what he is talking about

[@marlonpriets5880]

Neither does he

[@hubuh3024]

the worst presentations ever, get to the fact's