What is Taobao?

Taobao.com (淘宝网) is the largest and most popular person-to-person business portal (and now also of companies to people) in China.

It is similar to the internet portals we know about buying and selling in our countries. Taobao is oriented to the Chinese market and in the Chinese language of course.

Taobao.com was founded in 2003 and since then it has been moving from the market to every online place of purchase and sale in China (including eBay.cn) becoming the place to buy and sell from person to person more Big and important China.

Both the reach of the Internet and the globalization, that we are experiencing today have allowed Taobao to be known beyond the borders of China, not only because of its great diversity of products offered there but also because of the low prices in the countries.

That you can get the vast majority of things by comparing them with the prices at which we get the same products in our local markets.

You will ask yourself:

Why on Taobao do you get such cheap things?

Well, the answer to this question is related to several factors:

Today China has become the “factory of the world” since the density of population there is so high that there is a lot of competition in the labor field and this results in labor being very economical, so production costs are reduced and thus can offer a very competitive price in the market.

As there are so many factories in China of various kinds of products. It is easy for Taobao sellers to acquire these directly from batch factories and offer them online by adding a commission.

As I mentioned above in Taobao there are millions of sellers competing with each other, which makes the reduction of prices of articles more tenacious by capturing more customers. Also especially with popular items.