Richard Liu Qiangdong Raising the Standard of E-commerce Industry around the World

Richard Liu Qiangdong has achieved great success in the field of e-commerce and has helped the industry transform through his innovative ideas and marketing concepts. Richard Liu Qiangdong has been enterprising from the very young age and started a restaurant right after he graduated, but it didn’t work out the way he expected. Richard Liu Qiangdong is an educated businessman and has studied sociology from the famous People’s University of China and then did a Masters in Business Administration from the China Europe International Business School. He always wanted to do some business and take it to another level; it is why he started a retail business of selling of magneto-optical products.

Richard Liu Qiangdong was quick to expand retail business and made it into a chain of stores, which were located across the country. Even though his chain of stores gained considerable success, he had to close the offline retail business at the time when the country was suffering from one of the worst SARS epidemics of all time. The employees were not coming to the store, and neither were the customers, and it made it difficult for the business to continue functioning. Richard Liu Qiangdong said in a recent interview that it is necessary that the technology is given due importance in today’s date. It would help the companies to function efficiently and improve its performance as well. With time, he ensures to adopt the latest technology to provide the best service to their customers.

Times have changed now, and people are looking for the best service when it comes to online shopping. They are not afraid to switch their loyalty if they are not getting excellent service. Richard Liu Qiangdong knows that their company has to be always on their toes so that they can keep their customers loyal to them. It also includes providing them with the widest range of products and that too at the best price. They also have the shortest delivery time compared to other e-commerce companies. Also, the company delivers to many different countries outside of China and want to expand to many more countries in the coming days.

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