Press Releases


RS Components to strengthen its China's e-Commerce business

Initiatives to boost e-Commerce sales through Alipay payment services and first China-specific partnership with FindChips.com

Philippines, 23 November 2010 :

RS Components (RS), the leading distributor of electronic, electro-mechanical and industrial products, today announced a series of customer-centric initiatives set to enhance RS’ e-Commerce services for its China customers. 

These initiatives include the introduction of Alipay, China’s leading online payment solution on the RS China website, providing RS’ online customers a fully-integrated e-commerce experience, with the promise of security and ease-of-use. Customers can now make their purchases and payment through Alipay within the website’s seamless checkout process. Within the first month of its implementation, RS saw almost half of all online orders paid using Alipay.

Speaking for RS, Marcelo Wesseler, Head of eCommerce, Asia Pacific, said, “Alipay will not only bring convenience and excellent user experience to RS’ online customers, but it also provides the added assurance of a safe and secure online payment environment with Alipay’s advanced escrow-based system. We foresee an increase in not just Alipay usage, but also an increase in overall online sales through the RS China website.”

Apart from providing better online service experiences to its customers, RS has also embarked on online marketing efforts specific to the China market, including a partnership agreement with FindChips.com, one of the leading Electronic Components search engines in US and China (www.findchips.com). With the partnership, RS China has become the first China specific site on FindChips.com and expects significant web traffic to be driven from the search engine to RS’ website.

Commenting on the partnership with RS, John Schirmer, Vice-President of Worldwide Sales for SupplyFrame Media (parent company of FindChips.com) said, “We see immense potential in China’s e-Commerce market and are happy to partner with RS Components and help them extend their reach to engineering customers through FindChips.com. We hope that through this alliance, we can help drive brand awareness and traffic to RS China’s website and foster a long-term relationship with the company.”

RS’ partnership with FindChips.com provides customers with greater convenience and ease of search and purchase. The new partnership enables electronics customers in China to compare RS’ product offerings against multiple suppliers and then instantly access RS’ China inventory for stock availability.

About RS Components

RS Components (RS) is the world's largest distributor of electronics and maintenance products serving 1.5 million customers worldwide. Through operations in 27 countries and 17 warehouses, the Group distributes 500,000 products ranging from semiconductors and optoelectronics to power tools and protective clothing. The product and service portfolio supports the entire product lifecycle from R&D through pre-production to maintenance and repair, shipping 40,000 orders on the same day they are received.

About AliPay

Alipay (www.alipay.com) is China's leading third-party online payment solution, providing an easy, safe and secure way for millions of individuals and businesses to make and receive payments on the Internet. As of October 2010, Alipay had more than 470 million registered users and facilitated about 7 million transactions daily. Alipay provides an escrow payment service that reduces transaction risk for online consumers. Shoppers have the ability to verify whether they are happy with goods they have purchased before releasing funds to the seller. Alipay was founded by Alibaba Group in 2004.

About SupplyFrame Media

SupplyFrame Media is a division of SupplyFrame, Inc., the one-stop provider for the electronics industry to reach and influence online decision makers from top to bottom of the electronics sales funnel.  Reaching globally, SupplyFrame Media provides measurable media products delivering leading inbound and outbound marketing results, plus inventory location products to expedite purchasing decisions and help electronics suppliers grow online sales.  SupplyFrame, Inc. provides advertising solutions through the SupplyFrame Media partnership network.  SupplyFrame also operates FindChips.com and QuoteFX.com.

The SupplyFrame Media advertising partnership network is a worldwide network of websites catering to the needs of design engineering for the latest technical specifications, design resources, and sourcing information.

FindChips.com is the most popular inventory and price search site for the electronics component industry. www.findchips.com