In the last few years, there are tons of e-commerce companies that have come to the fore in the e-commerce industry. The primary reason why the e-commerce industry has been flourishing is that of the advantages it has over the conventional retail business. Not only does it have a better outreach, but the customers are also assured of better and faster customer service as well. One company that has transformed the e-commerce sector single-handedly in China, especially in the electronics division, is JD. It was founded by Richard Liu Qiangdong in the year 2004 after his physical retail operations had to be closed down.
The JD has been witnessing growth in its revenue since the time it started, and its revenue has touched over sixty billion dollars last year. The phenomenal growth of JD is due to the leadership of its founder, Richard Liu Qiangdong. He has studied business from the China Europe International Business School and sociology from the Renmin University. Richard Liu Qiangdong has often been compared to Jeff Bezos of Amazon due to both of them being a self-made billionaire. The marketing concepts that Richard Liu has implemented have proven to be highly successful and effective. If you want to achieve success in the field of e-commerce, following the footsteps of Richard Liu Qiangdong is definitely going to be helpful. He offers excellent advice to young entrepreneurs looking to make a mark in the e-commerce industry. One of the top advice that he provides is always to provide them with excellent service.
Richard Liu Qiangdong has helped JD become one of the leading e-commerce enterprises in the world and is also listed in NASDAQ. He has worked hard to make the delivery system of his company the best in the world. He orders from his company every day just to test the delivery system. He is also dedicated to making his company environmentally friendly. It means that he plans to adopt eco-friendly packaging to minimize the waste the company creates. The company has already adopted a reusable packaging along with reward points and has been greatly beneficial to the customers and the environment as well.
About Richard Liu: www.crunchbase.com/person/richard-liu-e9b4
Flavio Maluf was likely the person that Eucatex was waiting to rise to the leadership post for it to advance to the greater heights regarding positioning when it comes to competition. The company was established in the 1940s, and it immediately started its operations. It could be referred to as of the most instrumental when it comes to environmental degradation in those years. His is mainly because it was dealing with wood milling. From the time Flavio was born to the time he took over the Eucatex leadership, he went through an extensive and vast experience which was very instrumental in making him the responsible and outstanding person he is.
Flavio also ventured politics given that he was born in a political dynasty introduced him to leadership skills. His father Paulo Maluf was a great politician and a prominent businessman. He borrowed quite a lot from his father. His education and service in the engineering department enlightened him on the different processes that would be included in the typical production process. Eucatex is currently among the best companies in Brazil. The company has attained great recognition under the leadership of Flavio Maluf. This is mostly due to the production nature and the high-quality products which are environmentally friendly as well.
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Through his leadership, Eucatex has also managed to develop viable and firm networks which would be highly effective in its overall growth and development. For example, the company merged with Duratex which resulted in the partial acquisition of a farm that would easily offer raw materials for the running and operation of Eucatex. This was a strategic move that led to high benefits to the company. This led to a project resultant growth in paint and wood fiber products production by 30 and 70 percent respectively. This is why this was a super viable and critical business decision which was initiated by Flavio Maluf as the Executive President of Eucatex. Among the virtues that Flavio might have nurtured right from the surrounding environment that he was brought up in and early life is seizing the emerging opportunities. Flavio grew up around individuals that he saw close business deals on a daily basis. This must have strongly infected him, and this might be the main reason why he is used to taking advantage of such easy opportunities.
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