Abstract
This case describes the development of Natural Factory’s social e-commerce model, the role of CSR in the founding of that model, the model’s initial successes, and the limitations it faced latterly. In 2018, Natural Factory had a turnover of over RMB 600 million, and by January 2019, it had nearly 6 million purchasing users and over 27 million followers. Despite such impressive growth, Natural Factory was having trouble acquiring new users. Marketing products directly to end consumers would allow the company to rapidly break through this bottleneck, but this would be at the expense of the small-scale merchants to whom the company owed its success. Su Lujiang, the founding CEO of Natural Factory, was faced with a serious dilemma: how could the company continue to acquire new users without alienating old ones?
| Original language | English |
|---|---|
| Number of pages | 15 |
| Publication status | Published - 30 Jun 2020 |
Case number
ENT-20-651Case normative number
ENT-20-651-CECase type
Field CaseUpdate date
12/04/2024Supplement
For more details, please visit www.chinacases.orgPublished by
China Europe International Business SchoolUN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 12 Responsible Consumption and Production
Keywords
- Corporate Social Responsibility (CSR)
- corporate social responsibility
- digital economy
- prosumer economy
- sharing economy
- social e-commerce
- strategic CSR
- strategic corporate social responsibility
Case studies discipline
- Ethics & Social Responsibility
- Entrepreneurship
- Sales
Case studies industry
- Manufacturing
- Retail Trade
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