BEAUTY Advances in Full Force, Aiming to Penetrate Chinese Colossal Markets
BEAUTY has joined the Chinese partner, 'Carrot Mall', to penetrate the market which is 18 times bigger than Thai's.
Dr. Peerapong Kitiveshpokawat, Director of Beauty Community Public Company Limited (BEAUTY), has revealed that the company has joined hands with the Chinese partner, Carrot Mall, appointing the latter as a sole distributor for both online and retail of Scentio Milk Plus Whitening Q10 Facial Foam through general trade in China.
He also states that 5 SKUs of the company’s products, Beauty Buffet, have been approved by the Chinese Food and Drug Administration, which ensures safety for consumers.
Scentio Milk Plus Whitening Q10 Facial Foam has a high demand in Chinese markets while the sales have a constant growth rate. BEAUTY will cooperate with Carrot Mall for a strategic plan on boosting the product in Chinese markets that are 18 times bigger than Thai markets.
Moreover, BEAUTY has acquired a total of seven platforms in Chinese Bonded Warehouse, and aiming for two more platforms in 2019. This method gives BEAUTY advantages on lower duty and more convenience while being supported by the government under Cross Border E-commerce (CBEC) policy.
Dr. Peerapong believes these new methods that allow consumers to get their hands on the product easier and faster will increase the company’s sales as well as revenue.
