Chinese New Year: 5 tips for dropshipping and e-commerce
Posted: Tue Dec 24, 2024 5:33 am
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If you have a dropshipping operation, or even an e-commerce with inventory, and work with international suppliers, it is always a good idea to keep an eye on China's holiday calendar, especially for Chinese New Year 2024.
After all, changes in the routine of Chinese suppliers, even if occasional, can directly affect their operations.
This celebration can last up to two weeks and cause factories to close, orders to be delayed and shipping costs to be high.
But don't worry! You don't have to stop your sales. This may indonesia phone number data be a challenging time, but nothing that good planning and accurate strategies can't overcome. In fact, this will be the year of the dragon, a Chinese sign that is synonymous with prosperity.
In this article, we'll show you how the Chinese New Year 2024 impacts dropshipping and e-commerce operations worldwide and how to prepare to face this period in the best possible way!
What is Chinese New Year?
Does Chinese New Year only influence dropshipping operations?
What is the impact of Chinese New Year on e-commerce?
How to prepare my e-commerce for Chinese New Year 2024?
How to deal with delay complaints due to Chinese New Year 2024?
The right place for your e-commerce
What is Chinese New Year?
In many Eastern countries, New Year's Eve follows the Chinese calendar, which is based not only on the movement of the Sun, but also on the phases of the Moon. Therefore, the beginning of the year occurs on different dates and is also called Lunar New Year.
It is the most important festival in the Chinese calendar and, although it officially lasts seven days, it can last up to fifteen days! During this period, the Chinese usually take vacations or time off – which includes suppliers and workers in factories, transport companies and banks.
Each year is attributed to one of the twelve animals of the Chinese Horoscope: 2024 will be the year of the dragon, the only mythological being in the Chinese zodiac.
When is Chinese New Year 2024?
In 2024, Chinese New Year begins on February 10th not only in China, but also in Thailand, Singapore, Taiwan, the Philippines, Brunei, Korea, Malaysia and parts of India. It runs until January 28th, 2025.
The public holiday for the celebrations is 8 days long in China and begins the day before, on February 9. Therefore, offices, banks, factories, shops and most non-essential services close their doors for a week of vacation.
Taiwan will enjoy 7 public holidays from February 8 to 14 in 2024, while residents of Hong Kong and Macau will have 8-day public holidays from February 10 to 17, 2024.
Holidays in other Southeast Asian countries such as Singapore, Malaysia, Indonesia, Thailand and the Philippines last 1 to 3 days.
Does Chinese New Year only influence dropshipping operations?
Dropshipping operations are the most affected by the Chinese New Year holidays, but they are not the only ones: those who have online stores with inventory can also suffer losses during the festive period.
After all, Chinese New Year can cause delays in product production and shipping , affecting the global supply chain. This impacts not only dropshipping stores, but any business that relies on Chinese suppliers or manufacturers.
Many factories and businesses in China close during the Chinese New Year period. This can result in delays in production and delivery of goods for businesses in a variety of industries, not just e-commerce.
In addition, it is common for Chinese migrant workers to return home during the holiday, which may result in labor shortages in certain regions and sectors, affecting production and services.
So while the direct impact may be most evident in industries like dropshipping, the effects of Chinese New Year extend to many areas of the global economy . Businesses across a range of industries need to prepare to deal with the fallout from this annual holiday in China.
What is the impact of Chinese New Year on e-commerce?
Online stores, e-commerces and dropshipping operations all over the world are impacted by the Chinese New Year celebrations.
This is because the holiday causes the total or partial closure of factories and warehouses, in addition to the interruption of some fundamental activities, such as banks, post offices and transport companies.
Share post on Linkedin
Share post on Facebook
If you have a dropshipping operation, or even an e-commerce with inventory, and work with international suppliers, it is always a good idea to keep an eye on China's holiday calendar, especially for Chinese New Year 2024.
After all, changes in the routine of Chinese suppliers, even if occasional, can directly affect their operations.
This celebration can last up to two weeks and cause factories to close, orders to be delayed and shipping costs to be high.
But don't worry! You don't have to stop your sales. This may indonesia phone number data be a challenging time, but nothing that good planning and accurate strategies can't overcome. In fact, this will be the year of the dragon, a Chinese sign that is synonymous with prosperity.
In this article, we'll show you how the Chinese New Year 2024 impacts dropshipping and e-commerce operations worldwide and how to prepare to face this period in the best possible way!
What is Chinese New Year?
Does Chinese New Year only influence dropshipping operations?
What is the impact of Chinese New Year on e-commerce?
How to prepare my e-commerce for Chinese New Year 2024?
How to deal with delay complaints due to Chinese New Year 2024?
The right place for your e-commerce
What is Chinese New Year?
In many Eastern countries, New Year's Eve follows the Chinese calendar, which is based not only on the movement of the Sun, but also on the phases of the Moon. Therefore, the beginning of the year occurs on different dates and is also called Lunar New Year.
It is the most important festival in the Chinese calendar and, although it officially lasts seven days, it can last up to fifteen days! During this period, the Chinese usually take vacations or time off – which includes suppliers and workers in factories, transport companies and banks.
Each year is attributed to one of the twelve animals of the Chinese Horoscope: 2024 will be the year of the dragon, the only mythological being in the Chinese zodiac.
When is Chinese New Year 2024?
In 2024, Chinese New Year begins on February 10th not only in China, but also in Thailand, Singapore, Taiwan, the Philippines, Brunei, Korea, Malaysia and parts of India. It runs until January 28th, 2025.
The public holiday for the celebrations is 8 days long in China and begins the day before, on February 9. Therefore, offices, banks, factories, shops and most non-essential services close their doors for a week of vacation.
Taiwan will enjoy 7 public holidays from February 8 to 14 in 2024, while residents of Hong Kong and Macau will have 8-day public holidays from February 10 to 17, 2024.
Holidays in other Southeast Asian countries such as Singapore, Malaysia, Indonesia, Thailand and the Philippines last 1 to 3 days.
Does Chinese New Year only influence dropshipping operations?
Dropshipping operations are the most affected by the Chinese New Year holidays, but they are not the only ones: those who have online stores with inventory can also suffer losses during the festive period.
After all, Chinese New Year can cause delays in product production and shipping , affecting the global supply chain. This impacts not only dropshipping stores, but any business that relies on Chinese suppliers or manufacturers.
Many factories and businesses in China close during the Chinese New Year period. This can result in delays in production and delivery of goods for businesses in a variety of industries, not just e-commerce.
In addition, it is common for Chinese migrant workers to return home during the holiday, which may result in labor shortages in certain regions and sectors, affecting production and services.
So while the direct impact may be most evident in industries like dropshipping, the effects of Chinese New Year extend to many areas of the global economy . Businesses across a range of industries need to prepare to deal with the fallout from this annual holiday in China.
What is the impact of Chinese New Year on e-commerce?
Online stores, e-commerces and dropshipping operations all over the world are impacted by the Chinese New Year celebrations.
This is because the holiday causes the total or partial closure of factories and warehouses, in addition to the interruption of some fundamental activities, such as banks, post offices and transport companies.