Category: e-commerce

Alibaba VS AliExpress


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Alibaba.com and AliExpress are two platforms that we hear about much , especially when talking about the success of in the eCommerce businesses.

These two platforms are sister companies in one group named: “Alibaba Group” , that plays a leading role in the online retail world and eCommerce transactions, especially from Republic Of China !!

Yet, Alibaba.com and AliExpress offer for different benefits for each site’s targeted buyers, as well as different benefits for sellers too . We will discuss these matters more in the coming lines.

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Alibaba Group

Alibaba group was established by the legendary entrepreneur, Jack Ma in Hangzhou, China in 1999 , with the mission “To make it easy to do business anywhere.”

Other subsidiaries of Alibaba group include: Taobao, Tmall, Lazada Group, Alibaba Cloud, Alipay, and Alibaba Pictures Group.

 What is Alibaba.Com Site ?

Founded in 1999 , Alibaba.com started operations by specializing in cross-boarder B2B ecommerce provider with a base in China – currently reaching 190 countries – 755 Million mobile users in a business revenue of around 54 Billion USDs / year .

Alibaba specializes promoting Chinese products online for buyers around the world. You can search and find any kind of products or suppliers on Alibaba.Com, and communicate to do business easily.

Alibaba succeeded in offering other related services, like online paying platform, support groups for both the sellers and buyers, as well as products inspection services – on behalf of the buyer – and other facilities. Services that any online & outside the country buyer will need to insure the quality of what he is purchasing , and would be happy to pay for too !!

Sellers have showrooms online to show their products to prospects, and to give general prices, and receive communications easily – Alibaba truly facilitated business across borders, and became China’ legend of eCommerce.

Sellers on Alibaba.Com varies ; wholesalers, exporters, trading companies , factories, agents / distributors for other companies, any kind of a seller – based in China or Hong Kong only.

We should mention that Alibaba sellers sell on lots ( big quantities ) and to corporates only, they do not sell in pieces , many have Minimum Quantities To Order ( MOQ ) to be able give extra low prices, and make some profits too !!

What is AliExpress?

Alibaba.Com is the online B2B platform ( business-to-business ) , while AliExpress is the online B2C platform. AliExpress is the retail division of Alibaba.

AliExpress sellers specialize in selling low quantities ( even pieces ) to individual clients around the world. They methods of payment are different, also their shipping options are. They are similar to major selling websites , like Etsy or Amazon .

AliExpress has other services for their clients, like currencies exchange tools online, payment tools , buyer protection ( damages or missing items ) and other options.

Typical sellers on AliExpress include: beauty, tools, home improvement, and appliance retailers, as well as clothing, electronics sellers. The list is huge really !!

Alibaba.com vs. AliExpres – Compare by features

The table is courtesy by Alibaba.Com - we thank you for it.
Alibaba.com AliExpress
Marketplace type B2B B2C
Typical buyers Businesses Consumers, resellers
Typical sellers Manufacturers, wholesalers, trading companies, exporters Retailers
Fixed annual fee for sellers Yes No
Commission per sale for sellers 0% (in most countries) 5-8%
Custom storefronts Yes Yes
Auto translation Yes Yes
Secure payment portals Yes Yes
Buyer countries and territories 190+ 200+
Seller countries and territories 200+ 6
Request for Quotation (RFQ) Yes No
Shipping time 15 days to months 1-4 weeks
Drop shipping support No Yes
Product Raw materials, customizable products, ready-made products Ready-made products
Pricing Negotiable Fixed
Shipping cost Vary depending on the shipping terms agreed upon by buyers and sellers Typically free
Minimum order quantity Yes No
Private labeling Yes No
Financing options for buyers Yes No
Order protection Yes Yes
Dispute resolution Yes Yes

Well, we have covered it all . Why don’t you check Alibaba.Com or AliExpress.Com Sites based on your preferences , and enjoy their features.

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A Broker and Dealer ? Definition Of Both

In the financial world, we may hear the terms : Broker & Dealer, and think they are the same.. Well, they are not the same 🙂

The main differences between both terms are :

– Their roles in the market – mostly securities & shares markets .

– The capital required to do their jobs.

Let’s define things more in details :

** A broker is a person who executes the trade on behalf of others, whereas a dealer is a person who trades business on their own behalf **

** A dealer will buy and sell securities, commodities or currencies on The Client’s account. But , the broker will buy and sell securities, commodities or currencies for their clients.

So, the broker works by your instructions only, and gets his/her pay accordingly ( commission, spreads or else ), he won’t interfere if your decision brings you profit or not, and doesn’t take responsibility for the results accordingly.

But dealers gain profit when you make profit , they are like partners for you – when trading securities or related shares, etc … ) . The broker could have assets of their own , and would trade them separately on a later age.

Think of dealers as middle person, not highly experienced nor he/she acts alone. And takes commission for his work regardless of its impact on your wallet ( or shares , else … )

Resources of benefit?

Is the broker an advisor ??

Well, no he is not exactly !!

The broker wants to sell you a service or a product ( mostly in shares and financial world ) , and benefits from that – profit by transaction.

But the advisor is the person who gives you advises on certain acts, market trends, a strategy to follow, or the “cheaper” way to handle a certain matter. The broker may do transactions on your behalf, but he / she won’t be – legally able to give you advises on the trade or the market’s situations.

In major corporates, head managers need advising specialists and people who can overview the circumstances ( each in his/her specialty field ) and give an advise that would result in better goals achievement , here comes the advisory board.

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What is the advisory board?

Based on Advisory Board Central : “An Advisory Board is a structured and collaborative method for organizations to engage with external advisors. Advisory Boards act as a sounding-board for either the owners, directors or shareholders of a company.”

Other names for the “Advisory Boards” include: Advisory panel, Steering committees, corporate think tanks or even board of advisers.

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The Purpose of Advisory Boards

The purpose of most Advisory Boards is to help the organization gain new insights and provide solutions for the problems the corporate is facing, and to explore new opportunities by birds-eye view of the total situation , and combine that with deep experience and knowledge too.

The “Advisory Board” does not make decisions, provide the management with critical thinking and analysis to increase the decision’s outcome, and reduce the risks and negative impact of them.

The specific roles, responsibilities and expectations are normally established within the Advisory Board Charter – ( Board’s terms of reference ) , as well as other instructions / protocols set by the corporate’s owners or Board Of Directors.

Big corporates can have internal or external advisors; experts who are not official staff of the company – and are paid by projects or advises they offer . Their working schedule isn’t fixed or full-time, and their results aren’t always adaptable or successful, since they are not fully aware of the internal factor guiding the corporate’s operations.

And there are the internal advisors, who are corporate’s staff working full-time inside it. They know the business from inside, and can be working in different department in the corporate , giving richer and more adaptable advises and knowledge power for the decision makers of the


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Finance As Science

Financial Literacy

This article is about educating you about Personal Finance; What is it? why it is important to our lives? How to improve money management skills in your life, and more .

It is not an easy subject to handle but we will tell you everything you need to know – right here.

So, what is the personal finance as a term ?                          

It is “the “art” of taking the most-suitable financial ( money-related ) decisions for a person or family ; that includes incomes, budgeting, ways to spend the allocated amounts you have, investments, retirement plans and such ( Source ).

But there are some definitions that we need to explain before talking personal finance, let’s broaden our scope first and learn things like … What is finance ? What is the difference between finance and economics ? Do finance and business mean the same ?

Let’s start digging in depth .

Disclosure: Please note that some of the links below are affiliate links and at no additional cost to you, I’ll earn a commission. Know that I only recommend products and services I’ve personally used and stand behind. When you use one of my affiliate links, the company compensates me, which helps me run this blog and keep all of my in-depth content free of charge for readers (like you).

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Economics VS Finance

Well, Economics is a social science with a lot of theories and processes in to study, and aspects to review .

It studies the production, consumption and distribution of services or goods and all regulations and processes in between , and their effect on other aspects of people’s lives and manner.

The science of economics tries the general economy works, and how do different economies interact in the world. Cash Flow Word

The analysis of “The Science of Economics” is applied in various fields, like finance, businesses environments, universe of education, laws and regulations, Gov. institutions and bodies… and all life’s aspects.

That is good to know, now what about Finance as a science ? Well, Finance “in short” concentrates of aspects of : Saving money & lending money” … That is called Fund management science. Consider this – for example – The financial studies are interested, and coordinate the interests of the lenders and borrowers that are doing business in a certain market ( big or small) , while the study of economics is more about the study of the goods & services – which are circulating in the same market.

In short , finance is the science of studying the financial markets , and it is part of that.

Got the main idea now ? Let’s proceed to more categories.

Dividing – Economics VS Finance
* Economics , in general , is divided in two main parts :

  • Micro Economics
  • Macro Economics

Micro-Economics : Small-scale market & interactions studies .. It studies interactions between individual markets, and focuses on Dollar Signspecialization and supply & demand relations – between small entities and markets.

 Macro-Economics : Large-scale market & interactions studies .. It is not focusing on single or small or individual markets or entities , but on large and bigger variables – national , regional or world-wide levels. Terms include such as: National income and output, GDP, Price inflation and unemployment rate in a country, region or the whole world .

Finance, generally, is divided between two parts;

– Public finance                    &

– Personal finance / Private Finance

Example showing public sector’s bodies & segmentation

OK, let’s get into more details .. The term “business finance” is about goods and products and the business environment related. What concerns us here is the difference between public finance & private ( personal finance ).

To clear things more – and to keep your interest ; I expanded the subject further in this article



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