How to Promote E-Commerce Exports to China: An Empirical Analysis

23 Pages Posted: 21 Jun 2017

See all articles by Min Jung Kim

Min Jung Kim

Korea Development Institute (KDI)

Date Written: May 31, 2017

Abstract

This paper focuses on the recent extraordinary growth of Chinese cross-border online shopping and draws implications for firm strategies and government policies in Korea to utilize the phenomenon as an opportunity to expand into a broader market via e-commerce exports. I conduct a survey of Chinese cross-border online consumers to identify constraining and determining factors during the stages of their purchase decisions of Korean products. Given the fact that Chinese cross-border online shopping is at the incipient stage and consumers have expressed a strong intent to repurchase, future strategies should focus on attracting new consumers. Accordingly, Korean firms should build a powerful brand image, improve product quality and post-purchase services, and take full advantage of the popularity of the Korean Wave. Meanwhile, the government must step up policy efforts by, for instance, improving e-commerce export statistics, simplifying logistics and clearance procedures, and building trust in Chinese consumers.

Keywords: E-Commerce Export, Cross-Border Online Shopping, Corporate Strategy, Purchase Decision Making

JEL Classification: L1, L81, M3

Suggested Citation

Kim, Min Jung, How to Promote E-Commerce Exports to China: An Empirical Analysis (May 31, 2017). KDI Journal of Economic Policy, Vol. 39(2), p. 53-74, 2017, Available at SSRN: https://ssrn.com/abstract=2990223

Min Jung Kim (Contact Author)

Korea Development Institute (KDI) ( email )

263 Namsejong-ro
Sejong-si 30149
Korea, Republic of (South Korea)

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