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How Alibaba Works: Explained With 280 Pairs of Pants 

Bloomberg Originals
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Sept. 15 (Bloomberg) -- Alibaba's IPO could be the biggest in history. Bloomberg's Sam Grobart explains how Alibaba works through the experience of ordering 280 pairs of pants manufactured overseas. Video by: Dan Przygoda, David Yim (Source: Bloomberg)
-- Subscribe to Bloomberg on RU-vid: / bloomberg
Bloomberg Television offers extensive coverage and analysis of international business news and stories of global importance. It is available in more than 310 million households worldwide and reaches the most affluent and influential viewers in terms of household income, asset value and education levels. With production hubs in London, New York and Hong Kong, the network provides 24-hour continuous coverage of the people, companies and ideas that move the markets.

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13 сен 2014

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Комментарии : 78   
@ascarpenter
@ascarpenter 4 года назад
5 years later this is the top hit for "how Alibaba works." Let's get a new video Bloomberg. e-commerce has changed : )
@Firebolt4
@Firebolt4 8 лет назад
This video looks like it's from the 90s
@lebonheur6614
@lebonheur6614 7 лет назад
Firebolt4848 yes
@DeepfriedBaby
@DeepfriedBaby 4 года назад
@Automatic Shotgun it's the color and his horrific clothing. It's late 90s yuppie. Update: nevermind. It's purposely done to show those neon pants.
@Domic462
@Domic462 9 лет назад
What about customs or taxes?
@Axphey007
@Axphey007 6 лет назад
Did you just said "manufacturer from Pakistan" ? Well, you had a pretty smart & cheap deal, mate. The clothing here is pretty cheap for both import & export.
@chanm01
@chanm01 10 лет назад
The air shipping was almost as expensive as the damn pants! Now if somebody could make air shipping cheaper...
@RonWagner
@RonWagner 9 лет назад
What's the rush?
@richardfry5991
@richardfry5991 9 лет назад
chanm01 Yes, agreed. Transportation costs, are the majority of a product's price. Think about it. It still has to be shipped to the customer somehow.
@johnpathadan
@johnpathadan 6 лет назад
Isint there Fedex in Pakistan???
@Axphey007
@Axphey007 6 лет назад
No. We have DHL & TCS
@Axphey007
@Axphey007 6 лет назад
We have Fedex, but in comparison it cost are too high in the exchange dollar is rate
@khadijaomer1261
@khadijaomer1261 2 года назад
Still a great video after all these years. XD Well explained and simple.
@toastm4n
@toastm4n 8 лет назад
"How can I be sure these suppliers weren't a bunch of sweatshops?" Answer: Who gives a shit?? So the US Dept of Labor Penis Affairs gave it a PASS? So laughable! Good one Bloomberg!
@maartenraaijmakers9571
@maartenraaijmakers9571 8 лет назад
+Bilo Sagdiyev You can probably even buy the sweatshop itself on Alibaba.
@MrRight-fu1gf
@MrRight-fu1gf 7 лет назад
Bilo Sagdiyev He is either a dumbass or think you are.
@MattLaker
@MattLaker 7 лет назад
I like how you simplified the process but I would add customs.
@conorclimo8534
@conorclimo8534 6 лет назад
Matt Laker PRETTY SURE drugs womt be smuggled through a gold flag rated company though...
@ahmadjamalmughal47
@ahmadjamalmughal47 4 года назад
Oye how do we calculate customs? And how do we even know if it's applied on our order?
@nicksofialakis1448
@nicksofialakis1448 7 лет назад
$7,500 for a full Ali-membership that can be acquired from other portals just as powerful for a much much lower price!!!
@sharonicali
@sharonicali 7 лет назад
Wrong information - On Alibaba.com you cannot pay by AliPay. Only on their Chinese B2C site like Taobao and Tmall
@theetravisb
@theetravisb 2 года назад
Interesting. Great vid
@D3AB
@D3AB 10 лет назад
And now.... You design has been on sold, and every second farmer in Pakistan is wearing your Bloomberg pants. When third world countries respect intellectual property, sites like Ali baba might stand a real chance
@tingzhou5846
@tingzhou5846 10 лет назад
It helps the merchants and customers find each other and conduct the business in their unique ways. You can get everything you want on the taobao site. It really facilitate our life.
@sirkeg1
@sirkeg1 6 лет назад
So that's where Batman ordered his masks.
@HelloMyNameIsKrysi
@HelloMyNameIsKrysi 9 лет назад
I see every one mentioning the Tmall and Tabao sites, however when I go to them they are not in English. So how do you use them?
@DescendantofYellowEmperor
@DescendantofYellowEmperor 8 лет назад
+Krystal Williamson maybe it is only available within China
@timelessd9096
@timelessd9096 7 лет назад
No, Taobao is available outside of China. I am from Singapore, and my son and daughter ordered merchandise from Taobao, too. Once I saw a very cute non-flat bottom glass (for drinks) in Bangkok. I wanted to buy it, but the restaurant said that it was not for sale. My daughter searched for it in Taobao and bought half a dozen at S$2.00 each. I was surprised when she showed me and I asked her how she got it and she said from Taobao. On another occasion while eating at a Japanese restaurant, there was a very cute wine goblet with a hole in the center for putting in ice so that the ice doesn't come in contact with the wine. I commented that the goblet is very cute and my son found it on Taobao and ordered them for me.
@soygenius5856
@soygenius5856 7 лет назад
do if have to be a compagnie to buy??? like can I buy for me ???
@timelessd9096
@timelessd9096 7 лет назад
Yes, anyone could just buy anything from Alibaba. Alibaba is just a portal that link you directly to the businesses/products. As the middleman/portal for the transactions, Alibaba earns less than 3% of the sales transacted (but since Alibaba's revenues is more than $500 billion, it is quite a substantial amount).
@WindsorEssexRealtor
@WindsorEssexRealtor 10 лет назад
Alibaba express is selling fake replica gold and silver coins as well. I wonder how many will be scammed on the retail market.
@veyselerol1011
@veyselerol1011 9 лет назад
Gzgjobvyderdeeucg
@spectre4962
@spectre4962 7 лет назад
Wait so the pants are came from manufacturer that sells to alibaba in cheaper rates then sell it to ecommerce am right
@TaylorMade511
@TaylorMade511 10 лет назад
Cool. I wonder if they have a vendor who can manufacture money. :)
@CinnamonRoar
@CinnamonRoar 10 лет назад
Haha good idea! Too bad it's illegal :)
@madeinfrance06
@madeinfrance06 10 лет назад
i m thinking of investing in it tho cause i m sure it ll do well , i m just confused with the regulations , from US and china and all , its kind of a mess …
@hautxtalons
@hautxtalons 10 лет назад
What if the pants (or whatever product) is actually amazing and those other manufacturers steal your idea? Or the actual manufacturer you ordered from steals your stuff and sells it?
@TkGz
@TkGz 4 года назад
nice ad.
@europenam791
@europenam791 7 лет назад
anybody knows how they can deliver their merchandise to their customers ?
@timelessd9096
@timelessd9096 7 лет назад
Alibaba ties up with at least 18 largest logistics/delivery companies in China and for overseas shipment, I believe that some of the largest logistics companies in the world are in partnership with Alibaba.
@mikeyjaime7415
@mikeyjaime7415 9 лет назад
Dude there were 15$ eaxh expensive go to la get them cheeper
@SaBiNuKi
@SaBiNuKi 5 лет назад
Nice tush!
@ntstudio28
@ntstudio28 3 года назад
Thats amazing
@jeanfernandez5397
@jeanfernandez5397 10 лет назад
AHHH Invest in the site !
@elsierocks2419
@elsierocks2419 10 лет назад
I love taobao anyway, it's better than others
@oracleofottawa
@oracleofottawa 10 лет назад
They should just quit wasting money on the propaganda. This dog will just not hunt. They need 20 billion to link you up with a "supplier" in Pakistan? Give yourselves a shake people...
@linchu8126
@linchu8126 10 лет назад
Your question is like "Why Coca need 150,000 people just to make a soft drink".
@oracleofottawa
@oracleofottawa 10 лет назад
??
@banamaa91
@banamaa91 9 лет назад
***** in other words he's saying: you're an idiot. I must agree.
@madeinfrance06
@madeinfrance06 10 лет назад
most of it is all fake products tho ..i used alibaba for years , and all the time its to buy like fake sport jerseys and such
@MixMeAdrink
@MixMeAdrink 10 лет назад
You get what you pay for. Your complain is pointless.
@madeinfrance06
@madeinfrance06 10 лет назад
it wasnt really a complain … more a statement.
@chenyang3769
@chenyang3769 10 лет назад
The frenchy because only the very cheap fake products are attractive to foreign customers, the real one what you what like nike, adiddas are even expensiver in China and the customers will not have the interest to buy them, most the foreigners can buy the real one with cheaper price in their country, especially the americans. In addition, as far as I know, alibaba concentrates itself mostly to the business customers for wholesale, it's really not a good place for individuell customers and the biggest c2c company in China is taobao and Tmall, the daughter company of aligroup, there is a lot of viedo in RU-vid about how to buy in taobao. There is also many fake products in Taobao(also in Ebay and the Amazon marketplace, all imported from China by the foreign customers...), but there are much more real ones in Taobao and you usually can distinguish from them easylly with some features for example much cheaper than the ovp or the average price in the market. Tmall is like taobao but 99% of the sellers selling only the real one.
@chenyang3769
@chenyang3769 10 лет назад
And taobao and Tmall is much much much much much more interesting than alibaba for their very very plentful kinds of products you can find than Ebay or Amazon, especially for the individual customers.
@timelessd9096
@timelessd9096 7 лет назад
Everybody knows that there are lots of fake products from ebay and Amazon, too. The "reliability" actually depends on the sellers, since everyone in the world could use any of these (Alibaba, ebay, Amazon) to sell their products. However, there's safety measure for buyers using Alibaba since IF buyers are not satisfied with the products they received, Alibaba will withhold payment to the sellers and the buyers get back the refunds.
@ThatIndianBlader
@ThatIndianBlader 5 лет назад
Nice. Jesus bless
@hippoownyou
@hippoownyou 10 лет назад
Short Amazon.
@Sesamestreet9080
@Sesamestreet9080 6 лет назад
hippoownyou you would got fucked listening to you
@mariasal8793
@mariasal8793 6 лет назад
Haha 👍
@cory6439
@cory6439 4 года назад
That was such a waste of time. I want my time back.
@wendywendy646
@wendywendy646 4 года назад
HAHAHA Hilarious Custom made pants
@MrMonshez
@MrMonshez 8 лет назад
Cute
@Dede_777
@Dede_777 3 года назад
🍈
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