Latest / Omni Talk Retail / Selection, Trust-Building & AI-Driven Efficiency | How Alibaba Plans To Innovate B2B Supply Chains
Transcript
- 0:00Hello
- 0:00everyone.
- 0:00This
- 0:00is
- 0:00Omnitalk
- 0:01Retail.
- 0:01I'm
- 0:01Chris
- 0:02Walton.
- 0:02And
- 0:02I'm
- 0:02Anne
- 0:03Mazinga.
- 0:03We
- 0:03are
- 0:03coming
- 0:04to
- 0:04you
- 0:04live
- 0:05from
- 0:05the
- 0:05Manifest
- 0:06Future
- 0:06of
- 0:06Logistics
- 0:07conference
- 0:08in
- 0:08Las
- 0:08Vegas.
- 0:09Our
- 0:09coverage
- 0:09today
- 0:10is
- 0:10provided
- 0:10to
- 0:11you
- 0:11in
- 0:11partnership
- 0:11with
- 0:11TGW
- 0:12Logistics.
- 0:13Revolutionize
- 0:14your
- 0:14retail
- 0:15supply
- 0:15chain
- 0:15with
- 0:16TGW
- 0:17Logistics.
- 0:18Their
- 0:18experts
- 0:18tailor
- 0:19warehouse
- 0:19automation
- 0:20solutions
- 0:20to
- 0:20your
- 0:21needs,
- 0:21ensuring
- 0:22you
- 0:22have
- 0:22the
- 0:22edge.
- 0:23Work
- 0:23with
- 0:23TGW
- 0:24before
- 0:24your
- 0:25competition
- 0:26does.
- 0:26Discover
- 0:27more@tgw
- 0:30group.com
- 0:32and
- 0:33joining
- 0:33us
- 0:33now,
- 0:34Ann
- 0:34is
- 0:35probably
- 0:35the
- 0:35tallest
- 0:36guest
- 0:36we've
- 0:36had
- 0:36in
- 0:37the
- 0:37history
- 0:37of
- 0:37an
- 0:37Omnitalk
- 0:38livestream,
- 0:39but
- 0:39that
- 0:39is
- 0:39Justin
- 0:40Lu.
- 0:40And
- 0:40Justin
- 0:41is
- 0:41the
- 0:41country
- 0:42US
- 0:42country
- 0:43manager
- 0:43for
- 0:44Alibaba.com
- 0:45Justin,
- 0:46welcome
- 0:46to
- 0:47Omnitalk
- 0:47and
- 0:47thanks
- 0:47for
- 0:48joining
- 0:48us
- 0:48at
- 0:48Manifest.
- 0:49Thank
- 0:49you.
- 0:50Thank
- 0:50you,
- 0:50Chris.
- 0:50Thank
- 0:51you,
- 0:51Anne
- 0:51for
- 0:51offering
- 0:51me
- 0:52this
- 0:52opportunity.
- 0:52Yeah.
- 0:53Well,
- 0:53Justin,
- 0:53I'd
- 0:54love
- 0:54to
- 0:54just
- 0:54find
- 0:55out
- 0:55from
- 0:55you
- 0:56a
- 0:56little
- 0:56bit
- 0:56about
- 0:56what
- 0:57your
- 0:57role
- 0:57covers.
- 0:58It's
- 0:58a
- 0:58very
- 0:59broad
- 0:59title.
- 0:59I
- 1:00imagine
- 1:00there's
- 1:00a
- 1:00lot
- 1:00underneath
- 1:01there
- 1:01that
- 1:01you
- 1:02oversee.
- 1:02So
- 1:02maybe
- 1:03let's
- 1:03start
- 1:03by
- 1:04just
- 1:04outlining
- 1:05that
- 1:05for
- 1:05us
- 1:05and
- 1:05for
- 1:05the
- 1:06audience
- 1:06at
- 1:06home.
- 1:06Yeah,
- 1:07yeah,
- 1:07absolutely.
- 1:08Happy
- 1:08to.
- 1:08So
- 1:09like
- 1:09Chris
- 1:10was
- 1:10saying,
- 1:11I'm
- 1:11the
- 1:11country
- 1:12manager
- 1:12for
- 1:12Alibaba.com
- 1:13in
- 1:13the
- 1:14US
- 1:14we
- 1:15also
- 1:15oversee
- 1:15the
- 1:16Canada
- 1:16business,
- 1:17but
- 1:17it's
- 1:17a
- 1:17much
- 1:18smaller
- 1:18business
- 1:18compared
- 1:19with
- 1:19the
- 1:19U.S.
- 1:20but
- 1:21overall
- 1:21speaking,
- 1:22there
- 1:22are
- 1:22two
- 1:23main
- 1:23supporting
- 1:23pillars
- 1:24for
- 1:24my
- 1:24business.
- 1:25Number
- 1:25one
- 1:26is
- 1:26to
- 1:26drive
- 1:27the
- 1:27growth
- 1:28for
- 1:28our
- 1:28buyer
- 1:29business
- 1:29for
- 1:29Alibaba.com
- 1:30as
- 1:30you
- 1:30all
- 1:31know,
- 1:31Alibaba.com
- 1:32is
- 1:32the
- 1:32leading
- 1:32platform
- 1:33for
- 1:34business
- 1:34buyers
- 1:34to
- 1:35source
- 1:35and
- 1:35buy
- 1:36globally.
- 1:36Okay.
- 1:37So
- 1:38in
- 1:38terms
- 1:38of
- 1:38buyer
- 1:39growth,
- 1:39we're
- 1:39talking
- 1:39about
- 1:40how
- 1:40do
- 1:40we
- 1:40help
- 1:41US
- 1:42based
- 1:42buyers,
- 1:43we're
- 1:44mostly
- 1:44referring
- 1:45to,
- 1:45let's
- 1:45say
- 1:45Amazon
- 1:46third
- 1:46party
- 1:46sellers,
- 1:47small
- 1:47to
- 1:47medium
- 1:47sized
- 1:48business
- 1:48owners
- 1:49to
- 1:49help
- 1:49them
- 1:49to
- 1:49source
- 1:50more
- 1:50cost
- 1:50efficiently,
- 1:51let's
- 1:51say.
- 1:51And
- 1:52you
- 1:52have
- 1:52your
- 1:52own
- 1:53restaurant.
- 1:53We're
- 1:54going
- 1:54to
- 1:54try
- 1:54to
- 1:54help
- 1:54you
- 1:54to
- 1:55buy,
- 1:55you
- 1:55know,
- 1:56furniture,
- 1:56right.
- 1:57All
- 1:57the
- 1:57replenishment,
- 1:58you
- 1:58know,
- 1:58resources
- 1:59at
- 2:00a
- 2:00lower
- 2:00cost
- 2:01so
- 2:01your
- 2:01business
- 2:01could
- 2:02be
- 2:02more
- 2:02profitable.
- 2:03So
- 2:03that's
- 2:04what
- 2:04my
- 2:04team
- 2:04is
- 2:04responsible
- 2:05for
- 2:05for
- 2:06one
- 2:06aspect
- 2:07of
- 2:07the
- 2:07business
- 2:07which
- 2:08is
- 2:08the
- 2:08driving
- 2:08the
- 2:09growth
- 2:09for
- 2:09our
- 2:10buyer
- 2:10business.
- 2:10I
- 2:10didn't
- 2:11know
- 2:11that.
- 2:11The
- 2:11second
- 2:11part.
- 2:12All
- 2:12right,
- 2:12interesting.
- 2:13Learn
- 2:13a
- 2:13little
- 2:13bit.
- 2:13Yeah.
- 2:14This
- 2:14is
- 2:14why
- 2:14I
- 2:15love
- 2:15my
- 2:15job.
- 2:15Yeah,
- 2:15yeah,
- 2:15yeah,
- 2:16yeah.
- 2:16So,
- 2:17so
- 2:17the
- 2:17other
- 2:17part
- 2:18of
- 2:18our
- 2:18business
- 2:18is
- 2:19obviously
- 2:19the
- 2:19seller
- 2:20side,
- 2:20the
- 2:20supply
- 2:20side
- 2:21of
- 2:21our
- 2:21business.
- 2:21There's
- 2:22demand
- 2:22and
- 2:22there's
- 2:22a
- 2:23supply.
- 2:23The
- 2:24supply
- 2:24part
- 2:24we're
- 2:25helping,
- 2:25trying
- 2:26to
- 2:26help
- 2:26US
- 2:26based
- 2:27suppliers,
- 2:27manufacturers,
- 2:28wholesalers
- 2:29to
- 2:30distribute
- 2:30their
- 2:30products
- 2:31more
- 2:31Widely
- 2:31all
- 2:32over
- 2:32the
- 2:32world.
- 2:33Cause
- 2:33we
- 2:33do
- 2:33have
- 2:34buyers,
- 2:34over
- 2:3430
- 2:35million
- 2:35buyers
- 2:36all
- 2:36over
- 2:36the
- 2:37world
- 2:37that
- 2:37are
- 2:37buying
- 2:37and
- 2:38sourcing
- 2:38actively
- 2:39from
- 2:39Alibaba.com,
- 2:40so
- 2:40if
- 2:40you
- 2:41are
- 2:41a
- 2:41US
- 2:41based,
- 2:42let's
- 2:42say
- 2:42you're
- 2:42a
- 2:42brand
- 2:43owner
- 2:43or
- 2:43you're
- 2:43a
- 2:43wholesaler
- 2:44distributing
- 2:45some
- 2:45brand
- 2:45selection
- 2:46or
- 2:46you're
- 2:46a
- 2:47manufacturer,
- 2:47you
- 2:48can
- 2:49sell
- 2:49your
- 2:49product,
- 2:50distribute
- 2:50your
- 2:50product
- 2:51and
- 2:51your
- 2:51service
- 2:52through
- 2:52our
- 2:52platform
- 2:53to
- 2:53buyers
- 2:53all
- 2:53over
- 2:53the
- 2:54world.
- 2:54So
- 2:54my
- 2:55team
- 2:55is
- 2:55also
- 2:55responsible
- 2:56for
- 2:56recruiting
- 2:56buyers,
- 2:57sellers
- 2:58in
- 2:58the
- 2:59US
- 2:59and
- 2:59provide
- 3:00the
- 3:00hand
- 3:00holding
- 3:00onboarding
- 3:01experience
- 3:02to
- 3:02make
- 3:02sure
- 3:03that
- 3:03their
- 3:03business
- 3:03successful
- 3:04on
- 3:04our
- 3:04platform.
- 3:05Yeah,
- 3:05now
- 3:05that
- 3:05part
- 3:06I
- 3:06was
- 3:06aware
- 3:06of.
- 3:06Justin,
- 3:07I'm
- 3:08curious,
- 3:08which
- 3:08of
- 3:08those
- 3:08two
- 3:09take
- 3:09up
- 3:09the
- 3:09greater
- 3:09proportion
- 3:10of
- 3:10your
- 3:10time?
- 3:12That's
- 3:13a
- 3:13good
- 3:13question.
- 3:13I
- 3:13would
- 3:13say
- 3:13right
- 3:14now
- 3:14it's
- 3:1670,
- 3:1630.
- 3:17So
- 3:17the
- 3:17buyer
- 3:18side
- 3:18actually
- 3:18takes
- 3:19up
- 3:19a
- 3:19lot
- 3:19of
- 3:19our
- 3:19time
- 3:20because
- 3:21for
- 3:21a
- 3:22very
- 3:23straightforward
- 3:23reason,
- 3:23because
- 3:24US
- 3:24is
- 3:25one
- 3:25of
- 3:25our
- 3:25largest
- 3:26market
- 3:26in
- 3:26terms
- 3:27of
- 3:27buying
- 3:27power.
- 3:28The
- 3:29platform
- 3:29originated
- 3:3020
- 3:30years
- 3:30ago
- 3:30with
- 3:31a
- 3:31mindset
- 3:32or
- 3:32a
- 3:32goal,
- 3:32a
- 3:33business
- 3:33goal
- 3:34or
- 3:34a
- 3:34value
- 3:34prop,
- 3:35you
- 3:35know,
- 3:36in
- 3:36our
- 3:36mind,
- 3:36which
- 3:36is
- 3:37to
- 3:37help
- 3:37US
- 3:37buyers
- 3:38to
- 3:38source
- 3:39more
- 3:39cost
- 3:39efficiently
- 3:40all
- 3:40over
- 3:40the
- 3:40world.
- 3:41And
- 3:42you
- 3:42know,
- 3:42that
- 3:42has
- 3:42never
- 3:43changed.
- 3:43So
- 3:43we're
- 3:44constantly
- 3:44improving
- 3:45our
- 3:45US
- 3:45buyer
- 3:46experience
- 3:47through
- 3:47launching
- 3:48new
- 3:48features
- 3:49and
- 3:49technology
- 3:50functionalities
- 3:50to
- 3:51help
- 3:51U.S.
- 3:51buyers
- 3:52to
- 3:52be
- 3:52able
- 3:52to
- 3:52identify
- 3:54business
- 3:55partners
- 3:55and
- 3:55source
- 3:56more
- 3:57with
- 3:57ease.
- 3:57Basically.
- 3:58Yeah.
- 3:58Right.
- 3:58Wow.
- 3:58So
- 3:59that
- 3:59is
- 3:59kind
- 3:59of
- 4:00our
- 4:00main
- 4:01focus.
- 4:01But
- 4:02us
- 4:03selling
- 4:03is
- 4:04obviously
- 4:04also
- 4:04very
- 4:05important,
- 4:06you
- 4:06know,
- 4:06because
- 4:08as
- 4:08we
- 4:08all
- 4:08know,
- 4:09US
- 4:09is
- 4:09a
- 4:10home
- 4:10to
- 4:10a
- 4:10lot
- 4:10of
- 4:11world
- 4:11very
- 4:12well
- 4:12known
- 4:12brands
- 4:13and
- 4:13creators
- 4:13of
- 4:14new
- 4:14brands.
- 4:15And
- 4:15we
- 4:15do
- 4:15think,
- 4:16you
- 4:16know,
- 4:16these
- 4:16brand
- 4:16owners
- 4:17especially
- 4:18maybe
- 4:18they
- 4:18started
- 4:19their
- 4:19business
- 4:19online,
- 4:20DTC
- 4:20from
- 4:21Amazon,
- 4:21Shopify.
- 4:22Now
- 4:22they're
- 4:22thinking
- 4:23about,
- 4:23hey,
- 4:23how
- 4:23do
- 4:24I
- 4:24diversify
- 4:24my
- 4:25distribution
- 4:25channel?
- 4:26Right.
- 4:26I
- 4:26don't
- 4:26want
- 4:27to
- 4:27put
- 4:27all
- 4:27the
- 4:27eggs
- 4:27in
- 4:28one
- 4:28basket.
- 4:28Right.
- 4:29Alibaba.com
- 4:29can
- 4:30actually
- 4:30help
- 4:30them
- 4:31distribute
- 4:31to
- 4:32regional
- 4:32local
- 4:33distributors,
- 4:33retailers.
- 4:34And
- 4:35that's
- 4:35where
- 4:36we
- 4:36believe
- 4:37our
- 4:37next
- 4:38sort
- 4:38of
- 4:38growth
- 4:39engine
- 4:39or
- 4:40area
- 4:40would
- 4:40be.
- 4:41So
- 4:41that's
- 4:41obviously
- 4:43very
- 4:43important
- 4:43to
- 4:44us
- 4:44too.
- 4:44Yeah,
- 4:44I
- 4:44mean,
- 4:45and
- 4:45I've
- 4:45already
- 4:45always
- 4:46been
- 4:46a
- 4:46big
- 4:46fan
- 4:46of
- 4:46that
- 4:47idea.
- 4:47Especially
- 4:47considering
- 4:48a
- 4:48lot
- 4:48of
- 4:48these
- 4:48retailers
- 4:49are
- 4:49already
- 4:49sourcing
- 4:49their
- 4:50products
- 4:50over
- 4:50there.
- 4:50So
- 4:51getting
- 4:51that
- 4:51distribution
- 4:52outlet
- 4:52seems
- 4:53like
- 4:53a
- 4:53no
- 4:53brainer
- 4:53in
- 4:53a
- 4:54lot
- 4:54of
- 4:54ways.
- 4:55All
- 4:55right,
- 4:55so
- 4:56you're
- 4:56at
- 4:56Manifest.
- 4:58Have
- 4:58you
- 4:58been
- 4:58on
- 4:58stage
- 4:59yet
- 4:59or
- 4:59are
- 4:59you
- 4:59still.
- 5:00You
- 5:00have.
- 5:01How'd
- 5:01it
- 5:01go?
- 5:02It
- 5:03went
- 5:03pretty
- 5:03well.
- 5:04Pretty
- 5:04well.
- 5:04How
- 5:04did
- 5:04it
- 5:04go?
- 5:07Biased.
- 5:09What
- 5:09did
- 5:09you
- 5:10share
- 5:10with
- 5:10the
- 5:10audience?
- 5:11What
- 5:11were
- 5:11you
- 5:11up
- 5:11there
- 5:12talking
- 5:12about?
- 5:12Similar
- 5:12things.
- 5:13Did
- 5:13you
- 5:13share
- 5:13any
- 5:13new
- 5:14messages?
- 5:14Yeah,
- 5:15similar
- 5:15things.
- 5:16The
- 5:17main
- 5:17topic
- 5:17is
- 5:17there,
- 5:18right?
- 5:18How
- 5:18do
- 5:18we
- 5:18help
- 5:19us
- 5:19buyers
- 5:19to
- 5:19source?
- 5:20So
- 5:20we
- 5:21are
- 5:21launching
- 5:21a
- 5:22handful
- 5:22of
- 5:23really
- 5:23cool
- 5:23new
- 5:23features
- 5:24this
- 5:24year
- 5:24to
- 5:25help
- 5:25us
- 5:25buyers.
- 5:27We
- 5:27have
- 5:27the
- 5:27new
- 5:28AI
- 5:28powered
- 5:29buying
- 5:30agents
- 5:31per
- 5:31se
- 5:31that
- 5:32help
- 5:32you
- 5:32do
- 5:32all
- 5:32the
- 5:33communication.
- 5:34You
- 5:34know,
- 5:34cross
- 5:34time
- 5:34zone
- 5:35communication
- 5:35is
- 5:35a
- 5:36pain
- 5:36in
- 5:36the
- 5:36neck,
- 5:36right.
- 5:37You
- 5:37send
- 5:37out
- 5:37a
- 5:37message
- 5:38and
- 5:38you
- 5:38know
- 5:38the,
- 5:39the
- 5:39manufacturer
- 5:40or
- 5:40the
- 5:40factory
- 5:40owner
- 5:41doesn't
- 5:41respond
- 5:41to
- 5:41you
- 5:42maybe
- 5:42like
- 5:42until
- 5:4213
- 5:43hours
- 5:43later.
- 5:44And
- 5:44you
- 5:44know,
- 5:45the
- 5:45whole
- 5:45thing
- 5:45drags
- 5:45on
- 5:45for
- 5:46weeks.
- 5:46Now
- 5:47we
- 5:47have
- 5:47AI
- 5:47powered
- 5:48communication
- 5:48manager
- 5:49that
- 5:49can
- 5:50do
- 5:50like
- 5:50auto
- 5:51follow
- 5:51ups,
- 5:51ask
- 5:52questions,
- 5:52gather
- 5:52information
- 5:53while
- 5:54you're
- 5:54asleep
- 5:55and
- 5:55when
- 5:56you
- 5:56wake
- 5:56up
- 5:57we
- 5:57will
- 5:57auto
- 5:57generate
- 5:58a
- 5:58comparison
- 5:59report
- 6:00that
- 6:00compares
- 6:00all
- 6:01the
- 6:01manufacturers
- 6:01that
- 6:02manufacture
- 6:02the
- 6:02product
- 6:02you're
- 6:03looking
- 6:03for
- 6:04based
- 6:05on
- 6:05all
- 6:05sorts
- 6:05of
- 6:05business
- 6:06specs
- 6:06and
- 6:06attributes
- 6:07and
- 6:07things
- 6:08like
- 6:08that.
- 6:08We
- 6:08also
- 6:09have
- 6:09our
- 6:09new
- 6:10image
- 6:10search
- 6:11functionality,
- 6:13our
- 6:13new
- 6:13business
- 6:14reports,
- 6:14a
- 6:14lot
- 6:14of
- 6:15stuff
- 6:15that
- 6:15we're
- 6:15launching
- 6:16announcing
- 6:16at
- 6:17Manifest
- 6:18this
- 6:18morning.
- 6:18And
- 6:18on
- 6:19the
- 6:19supplier
- 6:19on
- 6:19the
- 6:19seller
- 6:20side,
- 6:21one
- 6:21of
- 6:21my
- 6:22colleagues
- 6:22was
- 6:23giving
- 6:23a
- 6:23case
- 6:24study
- 6:24on
- 6:24how
- 6:25do
- 6:25we
- 6:25help
- 6:26suppliers
- 6:27to.
- 6:28Well
- 6:28actually
- 6:28still
- 6:30for
- 6:30buyers
- 6:30to
- 6:30diversify
- 6:31their
- 6:31supply
- 6:32chain
- 6:32and
- 6:33to
- 6:33mitigate
- 6:33risks
- 6:34and
- 6:34fluctuation.
- 6:35So
- 6:35I
- 6:36think
- 6:36overall
- 6:36it's
- 6:37pretty
- 6:37informative
- 6:38and
- 6:38we
- 6:38have
- 6:39some
- 6:39key
- 6:39messages
- 6:39and
- 6:40great
- 6:40news
- 6:40that
- 6:41we
- 6:41want
- 6:41to
- 6:41share.
- 6:41Was
- 6:42it
- 6:42just
- 6:42you
- 6:42on
- 6:42stage
- 6:43or
- 6:43like
- 6:44what
- 6:44was
- 6:44the
- 6:44format?
- 6:46It
- 6:46was
- 6:46me
- 6:47and
- 6:47my
- 6:47colleague.
- 6:47Okay.
- 6:48It
- 6:48was
- 6:48me
- 6:48and
- 6:48my
- 6:48colleague.
- 6:49Okay,
- 6:49great.
- 6:49So
- 6:50it
- 6:50was.
- 6:50Wow.
- 6:50It
- 6:50sounds
- 6:51like
- 6:51they're
- 6:51doing
- 6:51that
- 6:51a
- 6:51lot
- 6:51and
- 6:52like.
- 6:52Yes,
- 6:52two,
- 6:53two
- 6:53colleagues
- 6:53up
- 6:53on
- 6:53stage.
- 6:54Yes.
- 6:54No
- 6:55more
- 6:55moderating
- 6:55fireside
- 6:56chatting
- 6:56necessary.
- 6:57No,
- 6:57we're
- 6:58getting
- 6:58down
- 6:58to
- 6:58the.
- 7:00Well.
- 7:00Justin,
- 7:01I'm
- 7:01curious,
- 7:01from
- 7:02your
- 7:02experience,
- 7:02how
- 7:03long
- 7:03have
- 7:03you
- 7:03been
- 7:03in
- 7:03this
- 7:03role
- 7:04now?
- 7:04This
- 7:05role.
- 7:05Close
- 7:05to
- 7:05a
- 7:05year
- 7:06now.
- 7:06Okay.
- 7:06Close
- 7:06to
- 7:06a
- 7:07year,
- 7:07yeah.
- 7:07What
- 7:07looking
- 7:08back
- 7:08on
- 7:08that
- 7:09year,
- 7:09what
- 7:09do
- 7:10you
- 7:10think
- 7:10is
- 7:10the,
- 7:11maybe
- 7:11the
- 7:11biggest
- 7:11misconception
- 7:12that
- 7:13you
- 7:13hear
- 7:13from
- 7:14buyers
- 7:14and
- 7:15sellers
- 7:15on
- 7:16the
- 7:16platform
- 7:17or
- 7:18what
- 7:18have
- 7:18you
- 7:19had
- 7:19to
- 7:19teach
- 7:19people,
- 7:20especially
- 7:20in
- 7:20the
- 7:20US
- 7:21market
- 7:21about
- 7:22selling
- 7:22on
- 7:23Alibaba.com
- 7:24or
- 7:24buying
- 7:24from
- 7:25Alibaba.com
- 7:26that
- 7:26they
- 7:26don't
- 7:26know?
- 7:27Yeah,
- 7:28yeah.
- 7:28I
- 7:28think
- 7:30the
- 7:30biggest
- 7:31misconception
- 7:31from
- 7:32I
- 7:32used
- 7:32to
- 7:33work
- 7:33at
- 7:33Amazon
- 7:34like
- 7:34Amazon
- 7:34claimed
- 7:35to
- 7:35be
- 7:35one
- 7:35of
- 7:35the
- 7:37most
- 7:38customer
- 7:38centric
- 7:39company
- 7:40in
- 7:40the
- 7:40world.
- 7:40Right.
- 7:41Everything
- 7:41revolves
- 7:42around
- 7:42how
- 7:42do
- 7:42we
- 7:42help
- 7:43our
- 7:43buyers.
- 7:44Right.
- 7:44In
- 7:45different
- 7:45aspects.
- 7:46You
- 7:46know,
- 7:47olive
- 7:47oil.com
- 7:48sort
- 7:48of
- 7:48have
- 7:48the
- 7:48same
- 7:48mentality
- 7:49like
- 7:49how
- 7:49do
- 7:50we
- 7:50help
- 7:50our
- 7:50buyers
- 7:51to
- 7:51improve,
- 7:52you
- 7:52know,
- 7:52their
- 7:53discoverability
- 7:54experience
- 7:55or
- 7:55discovering
- 7:56browsing
- 7:57comparison.
- 7:58But
- 7:59you
- 7:59know,
- 7:59we're
- 8:00in
- 8:00a
- 8:01B2B
- 8:01world.
- 8:02And
- 8:02the
- 8:02game
- 8:03is
- 8:03like
- 8:03one
- 8:04level
- 8:04up
- 8:04in
- 8:04terms
- 8:05of
- 8:05complexity.
- 8:06Yeah.
- 8:06Right.
- 8:06You're
- 8:07not
- 8:07just
- 8:07placing
- 8:08an
- 8:08order
- 8:08that's
- 8:09worth
- 8:09of
- 8:0940
- 8:09bucks.
- 8:10We're
- 8:10talking
- 8:10about
- 8:11$40,000.
- 8:13Right.
- 8:13Big
- 8:13difference.
- 8:14Right.
- 8:14So
- 8:15in
- 8:16terms
- 8:16of
- 8:16improving
- 8:17buyer
- 8:18and
- 8:18seller
- 8:18experience
- 8:19have
- 8:20completely
- 8:20new
- 8:21meanings
- 8:21behind
- 8:21it.
- 8:22Right.
- 8:22We're
- 8:22not
- 8:22just
- 8:23talking
- 8:23about,
- 8:23hey,
- 8:24this
- 8:24search
- 8:24function
- 8:25works
- 8:25really
- 8:25well.
- 8:25And
- 8:26read
- 8:26all
- 8:26the
- 8:26customer
- 8:27reviews.
- 8:27It
- 8:28doesn't
- 8:28work
- 8:28like
- 8:28that
- 8:28anymore.
- 8:29So
- 8:29there's
- 8:29a
- 8:29lot
- 8:29of
- 8:29complexity
- 8:30that
- 8:31plays
- 8:31into
- 8:31how
- 8:32do
- 8:32we
- 8:32facilitate
- 8:33that
- 8:33communication
- 8:34for
- 8:35business
- 8:35buyers
- 8:36and
- 8:36sellers,
- 8:37and
- 8:37how
- 8:37do
- 8:37we
- 8:37make
- 8:37sure
- 8:38we
- 8:38can
- 8:38help
- 8:38them
- 8:39to
- 8:39build
- 8:39trust
- 8:40in
- 8:40the
- 8:40middle.
- 8:41So
- 8:41I
- 8:42think
- 8:42that's.
- 8:42I
- 8:43don't
- 8:43want
- 8:43to
- 8:43say
- 8:43that's
- 8:43a
- 8:43misconception,
- 8:44but
- 8:45it
- 8:45is
- 8:45completely.
- 8:46You
- 8:46know,
- 8:47I
- 8:47would
- 8:47say
- 8:47it's
- 8:48definitely
- 8:48more
- 8:48complex
- 8:49than,
- 8:49you
- 8:49know,
- 8:49I
- 8:50first
- 8:50imagined
- 8:51before
- 8:51I
- 8:52joined.
- 8:52Right.
- 8:53Especially
- 8:53in
- 8:53the
- 8:54getting
- 8:54goods
- 8:54and
- 8:54services
- 8:55back
- 8:56and
- 8:56forth
- 8:56to
- 8:56the
- 8:56supply
- 8:57chain
- 8:57aspect
- 8:57of
- 8:58it,
- 8:58I
- 8:58imagine.
- 8:59Right.
- 9:00So,
- 9:00Justin,
- 9:01I'm
- 9:01curious,
- 9:01like,
- 9:01so
- 9:02as
- 9:02you
- 9:02look.
- 9:02So
- 9:02we're
- 9:02in.
- 9:02I
- 9:03mean,
- 9:03it's
- 9:03just
- 9:03the
- 9:03start
- 9:03of
- 9:03the
- 9:04year,
- 9:04basically.
- 9:04I'm
- 9:05still
- 9:05saying
- 9:05it's,
- 9:06you
- 9:06know,
- 9:06the
- 9:06beginning
- 9:06of
- 9:062025.
- 9:07As
- 9:07you
- 9:08look
- 9:08to
- 9:08the.
- 9:08As
- 9:08you
- 9:08look
- 9:09to
- 9:09the
- 9:09rest
- 9:10of
- 9:10the
- 9:10year,
- 9:12is
- 9:12there
- 9:12one
- 9:12thing
- 9:13you
- 9:13would
- 9:13hope
- 9:13to
- 9:13improve
- 9:14upon
- 9:14in
- 9:15your
- 9:15job
- 9:16or
- 9:16in
- 9:16supply
- 9:17chain?
- 9:17In
- 9:17terms
- 9:17of
- 9:17how
- 9:18things
- 9:18work?
- 9:18Like,
- 9:18what
- 9:18do
- 9:19you
- 9:19think?
- 9:22Selection.
- 9:23Selection.
- 9:23Oh,
- 9:23my
- 9:24God.
- 9:24You
- 9:24say
- 9:24that.
- 9:25Okay.
- 9:25How
- 9:25so?
- 9:26I
- 9:26think
- 9:26for
- 9:26me,
- 9:26there
- 9:27are
- 9:27really
- 9:27two
- 9:27things.
- 9:27Selection
- 9:28and
- 9:28experience.
- 9:29Okay.
- 9:30That's
- 9:30the
- 9:30supporting
- 9:31pillar
- 9:31for
- 9:32really,
- 9:32like
- 9:32any
- 9:33e
- 9:33commerce
- 9:33platform
- 9:34that
- 9:35you
- 9:35can
- 9:35name
- 9:36or
- 9:36think
- 9:36of.
- 9:37We
- 9:38want
- 9:38to
- 9:38be
- 9:38able
- 9:38to
- 9:38provide
- 9:39our
- 9:39buyers
- 9:41the
- 9:41widest,
- 9:41the
- 9:42broadest,
- 9:42but
- 9:43also
- 9:44matching
- 9:45selection,
- 9:46be
- 9:46it
- 9:47the
- 9:47product
- 9:47itself
- 9:48or
- 9:48a
- 9:49trusted
- 9:49or
- 9:50a
- 9:50trustworthy
- 9:50manufacturer
- 9:51from
- 9:52some
- 9:52other
- 9:52parts
- 9:52of
- 9:52the
- 9:53world.
- 9:53It
- 9:54is
- 9:54not
- 9:54easy
- 9:54for
- 9:55someone
- 9:55that's
- 9:55based
- 9:55in
- 9:56the
- 9:56US
- 9:56who's
- 9:56ready
- 9:56to
- 9:57cut
- 9:57a
- 9:57$50,000
- 9:58check
- 9:59but
- 9:59not
- 9:59knowing
- 10:00who
- 10:00the
- 10:01other
- 10:01person
- 10:01is.
- 10:01They
- 10:02have
- 10:02never
- 10:02heard
- 10:02of
- 10:02that
- 10:03city,
- 10:03that
- 10:03factory,
- 10:04that
- 10:04country,
- 10:04or
- 10:04even.
- 10:05Right.
- 10:07So
- 10:07selection
- 10:08is
- 10:08really
- 10:08important.
- 10:08When
- 10:08I
- 10:08say
- 10:09selection,
- 10:09it's
- 10:09not
- 10:09just
- 10:09the
- 10:10quantity,
- 10:10obviously,
- 10:11it's
- 10:11also
- 10:11the
- 10:11quality.
- 10:12We
- 10:12are
- 10:12doing
- 10:13some
- 10:13pre
- 10:13filtering
- 10:14for
- 10:15our
- 10:15buyers
- 10:15to
- 10:16make
- 10:16sure
- 10:16that
- 10:16whoever
- 10:17that
- 10:17is
- 10:17selling
- 10:17Alibaba
- 10:18is
- 10:19a
- 10:19business
- 10:20knows
- 10:21what
- 10:21they're
- 10:21doing
- 10:21and
- 10:22would
- 10:22be
- 10:22able
- 10:23also
- 10:23have
- 10:24the
- 10:24experience
- 10:24to
- 10:24meet
- 10:24the
- 10:24needs.
- 10:25Exactly.
- 10:26Yeah.
- 10:26That's
- 10:26gonna
- 10:26be
- 10:26my
- 10:26question
- 10:27is
- 10:27if
- 10:27former
- 10:27executive
- 10:28merchant,
- 10:28you
- 10:28know,
- 10:28in
- 10:29my
- 10:29heyday,
- 10:29like,
- 10:30that's
- 10:30a
- 10:31different
- 10:31process
- 10:32to
- 10:32decide
- 10:33what
- 10:33products
- 10:33you
- 10:33want
- 10:33to
- 10:34carry
- 10:34in
- 10:34your
- 10:34Assortment
- 10:35versus
- 10:35just
- 10:35the
- 10:36average
- 10:36garden
- 10:36variety
- 10:37seller,
- 10:37consumer
- 10:38to
- 10:38retail
- 10:39to
- 10:39consumer
- 10:39transaction.
- 10:40Right.
- 10:40So
- 10:40how
- 10:41do
- 10:41you
- 10:41think
- 10:41through
- 10:41that?
- 10:42Is
- 10:42it
- 10:42just
- 10:42what
- 10:42you
- 10:43said,
- 10:43like
- 10:43making
- 10:43sure
- 10:43that
- 10:44you've
- 10:44got
- 10:44bona
- 10:45fide
- 10:45suppliers
- 10:46that
- 10:46can
- 10:46meet
- 10:47the
- 10:47commitments
- 10:47that
- 10:47you're
- 10:48going
- 10:48to
- 10:48promise
- 10:48your
- 10:48end
- 10:48consumer?
- 10:49Yeah.
- 10:50So
- 10:50there
- 10:50will
- 10:50be
- 10:50entry
- 10:51barriers.
- 10:51It's
- 10:52not,
- 10:52you
- 10:52know,
- 10:52anybody
- 10:53that
- 10:54wants
- 10:54to
- 10:54sell
- 10:54will
- 10:55be
- 10:55able
- 10:55to
- 10:55sell.
- 10:55There
- 10:55will
- 10:55be
- 10:56entry
- 10:56barriers.
- 10:56And
- 10:57at
- 10:57the
- 10:57end
- 10:57of
- 10:58the
- 10:58day,
- 10:58I
- 10:58think
- 10:58it
- 10:59all
- 10:59comes
- 10:59down
- 10:59to
- 11:00are
- 11:00the
- 11:01suppliers
- 11:01or
- 11:01manufacturers
- 11:02competing?
- 11:03Right.
- 11:03Are
- 11:03there
- 11:03enough
- 11:04competition?
- 11:04Because
- 11:05the
- 11:05competition
- 11:05is
- 11:06the
- 11:06real
- 11:06motivation
- 11:07that
- 11:07will
- 11:07push
- 11:07people
- 11:08to
- 11:08continuously
- 11:09improve
- 11:09their
- 11:09service
- 11:10experience
- 11:10and
- 11:11to
- 11:11service
- 11:12quality
- 11:12and
- 11:12their
- 11:13selection
- 11:13and
- 11:13the
- 11:13price
- 11:13competitiveness,
- 11:14all
- 11:14that
- 11:15all
- 11:15goes
- 11:15to
- 11:15competition.
- 11:16That's
- 11:16the
- 11:16sustainable
- 11:17way
- 11:18of
- 11:18making
- 11:19sure
- 11:19that
- 11:19our
- 11:20buyers
- 11:20are
- 11:20getting
- 11:20the
- 11:20best
- 11:21of
- 11:21the
- 11:21best.
- 11:22So
- 11:22we
- 11:23have
- 11:24sales
- 11:24team
- 11:24or
- 11:25business
- 11:25development
- 11:25team
- 11:25on
- 11:26the
- 11:26ground
- 11:26all
- 11:27over
- 11:27the
- 11:27world
- 11:27that
- 11:28are
- 11:29relentlessly
- 11:30going
- 11:30after
- 11:31some
- 11:31of
- 11:31the
- 11:31top
- 11:31manufacturers
- 11:32under
- 11:32different
- 11:33verticals
- 11:33in
- 11:33different
- 11:33regions.
- 11:34We
- 11:34make
- 11:35sure
- 11:35they
- 11:35have
- 11:35a
- 11:36good
- 11:36experience
- 11:36of
- 11:36being
- 11:37onboarded,
- 11:37be
- 11:38able
- 11:38to
- 11:38list
- 11:38their
- 11:38products
- 11:39and
- 11:39catalog
- 11:40easily
- 11:40and
- 11:41then
- 11:41we
- 11:42give
- 11:42it
- 11:42sort
- 11:42of
- 11:42to
- 11:43competition.
- 11:43We
- 11:44are
- 11:44the
- 11:44platform,
- 11:44right.
- 11:45We
- 11:45make
- 11:45sure
- 11:45that
- 11:46our
- 11:46platform
- 11:47policies
- 11:47and
- 11:48rules,
- 11:48encourages,
- 11:49enables
- 11:50the
- 11:50people
- 11:50that
- 11:51do
- 11:51run,
- 11:51say
- 11:52honest,
- 11:52you
- 11:53know,
- 11:53and
- 11:53a
- 11:53long
- 11:53term
- 11:54perspective
- 11:54business
- 11:55will
- 11:55be
- 11:55able
- 11:55to
- 11:55succeed.
- 11:56So
- 11:57that's,
- 11:57we
- 11:58just
- 11:58hand
- 11:58it
- 11:58to
- 11:59algorithm
- 11:59and
- 12:00platform
- 12:00competition
- 12:01per
- 12:01se.
- 12:03Well,
- 12:03Justin,
- 12:04want
- 12:04to
- 12:05close
- 12:05out
- 12:05with
- 12:05one
- 12:05last
- 12:06question.
- 12:06If
- 12:06there
- 12:07was
- 12:07one
- 12:07technology
- 12:08that
- 12:08you
- 12:09were
- 12:09going
- 12:09to
- 12:09be
- 12:09taking
- 12:09a
- 12:10look
- 12:10at
- 12:10here
- 12:11to
- 12:11improve
- 12:12the
- 12:12processes
- 12:13of
- 12:13your
- 12:14day
- 12:14to
- 12:14day
- 12:14life.
- 12:15Yeah.
- 12:16Back
- 12:16at
- 12:16home,
- 12:16what
- 12:17would
- 12:17that
- 12:17technology
- 12:18be?
- 12:19It
- 12:19has
- 12:19to
- 12:20be
- 12:20AI.
- 12:21In
- 12:21what
- 12:21form?
- 12:22It
- 12:22has
- 12:22to
- 12:22be
- 12:23AI.
- 12:23We
- 12:23are.
- 12:24Well,
- 12:24that's
- 12:25a
- 12:25good
- 12:25question.
- 12:25I
- 12:26think
- 12:27we
- 12:28care
- 12:28a
- 12:28lot
- 12:28about
- 12:29our
- 12:29communication
- 12:30efficiency
- 12:31because
- 12:32a
- 12:32lot
- 12:32of
- 12:32the
- 12:32B2B
- 12:33transactions
- 12:34involve
- 12:35some
- 12:35sort
- 12:35of
- 12:35communication,
- 12:36involve
- 12:37some
- 12:37sort
- 12:37of
- 12:38building
- 12:39trust
- 12:39through
- 12:40communication.
- 12:41So
- 12:41any
- 12:42AI
- 12:42supported
- 12:43trust
- 12:44building
- 12:45constructive
- 12:46communication
- 12:46management
- 12:47tools
- 12:48and
- 12:48stuff
- 12:48like
- 12:48that,
- 12:49I
- 12:49would
- 12:49definitely
- 12:50be
- 12:50interested
- 12:50to
- 12:50check
- 12:51them
- 12:51out.
- 12:51Amazing.
- 12:52All
- 12:52right,
- 12:52well,
- 12:53you
- 12:53heard
- 12:53it
- 12:53here
- 12:53first,
- 12:54folks.
- 12:54Well,
- 12:54that
- 12:55concludes
- 12:55our
- 12:55interview
- 12:55with
- 12:56Justin
- 12:56from
- 12:56Alibaba.
- 12:58Thanks
- 12:58to
- 12:58TGW
- 12:59Logistics
- 12:59for
- 13:00making
- 13:00all
- 13:00of
- 13:00our
- 13:00coverage
- 13:01from
- 13:01manifest
- 13:02possible.
- 13:02And
- 13:02until
- 13:03next
- 13:03time
- 13:03and
- 13:04be
- 13:04careful
- 13:04out
- 13:05there.