While some people believe that brick and mortar stores are on their way out because of the popularity of online shopping, this is not the case at all. With the help of retail giant JD.com, smart logistics, supply chain, and consumption are changing in-store shopping for the better and enhancing the shopping experience for consumers. This new technology and partnerships with JD.com are providing new opportunities for retailers with brick and mortar locations. They are finding new ways to optimize not only the experience of the customers but also how the businesses operate in general.
Unlike what many people think, only about 15% of retail sales in China are done online. In the United States, online sales only account for around 8.5% of sales. The fact is, customers enjoy being able to experience products before they purchase them and JD.com is working to provide an experience that is the best of both worlds. Jingdong has been in operation for more than a decade and in this time they have become the largest retailer both online and offline throughout the entire country of China. See Related Link for additional information.
Through JD’s advanced logistics system, JD.com is able to deliver to 99% of China. There are areas in China that some considered too remote to do business with that Jingdong is able to deliver essential supplies and luxury goods in a timely manner. In fact, around 90% of the orders placed through Jingdong are able to be delivered the day they are placed or the next. This statistic is one of the most impressive in the world and they are always looking for new ways to improve their methods through the use of technology such as drones and a planned underground logistics system.
By coming online and offline retail through the use of many different partners, JD.com hopes to bring shopping into the future. JD.com is always looking for ways that they can improve the experience for everyone involved. Technology has become a vital part of retail no matter what form it happens to be in if they wish to compete with their competitors in the market.
In the recent company’s blog “JD Delivery Stations Get Smart Ahead Of CES Debut”, JD has talked about the launch of two smart delivery stations in the cities of Changsha and Hohhot, strengthening the e-commerce giant’s autonomous logistics capabilities.
Visit them on https://www.crunchbase.com/organization/jd-com