China Exporters Promote On eBay & Make Hundreds of thousands-Can You With Imports?
by Jared Winery
eBay launched a report known as The Asian Exporters Index that exposed some unimaginable numbers about Chinese language exporters promoting internationally by way of the positioning.
One of many massive stats which stands out to me is the variety of exporters in China making over 1,000,000 {dollars} a yr in gross sales.
“In China, 65 exporters turned over greater than US$1 million, with the biggest recording annual gross sales of over US $14.3 million.”[1]
65 exporters making greater than 1,000,000 per yr!
Increase the geography a bit with an eBay report from November of 2012 to eBay sellers from China, Hong Kong, and Taiwan and also you get greater than 7,500 exporters promoting greater than $100,000 a yr internationally to web shoppers and 598 exporters promoting greater than $1 million a yr.[2]
And I assumed 65 exporters making greater than 1,000,000 per yr was an enormous quantity.
Not all these thousands and thousands in gross sales from the 2012 report had been made by eBay. Additionally they embody on-line gross sales by related websites like Amazon.com and the businesses’ personal web sites, however the information exhibits how profitable on-line gross sales will be, even in doing worldwide enterprise.
The beauty of websites like eBay and Amazon is you could promote on-line with out having to construct your individual web site. It doesn’t damage to have your individual web site, however the fee and time of constructing a web site, sustaining it, and getting visitors to it’s not wanted to achieve success in enterprise.
Asian corporations are experiencing this primary hand. “eBay stated an growing variety of Asian manufacturers and producers are partnering with it to construct international companies, and stated its Asian exporters are experiencing a 26% bounce in annual gross sales throughout the area.”[3]
Many producers in China are shifting from a business-to-business exporting mannequin to promoting on to shoppers.
So as a substitute of specializing in exporting their merchandise wholesale in nice bulk to an importer within the U.S., who then sells the products individually to shoppers on this market, producers in China are taking to websites like eBay and Amazon to promote particular person merchandise to particular person shoppers on this market (and others as effectively).
There are a pair issues growing the power of companies in China to extend export gross sales on to shoppers, particularly within the U.S.
Maybe the largest is a brand new USPS deal. Based on an eCommerce Bytes article:
The U.S. Postal Service entered right into a cope with eBay and China Put up final yr to assist Chinese language sellers ship small packages to the U.S. in a a lot shorter time period than common worldwide supply companies. eBay revealed that the settlement has led to 30,000 parcels a day despatched from its sellers in China, with package-tracking included.
Almost 40% of eBay sellers in China are utilizing the ePacket service to ship to the U.S., with over 80% of things delivered in 5 to 10 days.[4]
USPS isn’t alone in providing such companies. Right here at Common Cargo, we’ve got an Categorical4Air service that works equally, delivering smaller packages, as single client items can be, from anyplace on this planet to anyplace on this planet (and it delivers to most locations in 3-5 days).
The world simply appears to maintain shrinking, making it possible for producers to promote straight to shoppers.
In case you’re an importer of products from China or desirous to get into importing items to promote on websites like eBay, you don’t must get apprehensive about Asian producers promoting on to shoppers. There’s nonetheless room so that you can make critical cash importing items from China, or elsewhere all over the world, and promoting it on websites like eBay or Amazon.
Simply because many corporations in China are actually promoting on to shoppers within the U.S., it doesn’t imply that they gained’t additionally promote to you wholesale. And there are nonetheless loads of corporations in China (and Asia usually) who solely promote with that business-to-business mannequin.
As a matter of reality, there are some distinct benefits you’ve got (or would have) as an importer promoting to American shoppers on eBay than an exporter from China would have promoting on to those self same shoppers on eBay.
Think about you had been making over 1,000,000 {dollars} per years in gross sales on eBay. You in all probability don’t even must think about that massive. Promoting imported items on eBay within the $100,000 vary can be a significant life changer for many of us, wouldn’t it?
If exporters from China could make thousands and thousands promoting on eBay, why can’t you promoting imports on eBay?
In a pair blogs from now, we’ll have a look at tips on how to import items from China (or elsewhere) to promote on eBay, Amazon, and even websites like Craigslist.
Within the subsequent weblog, we have a look at the benefits you’ve got importing items to promote on eBay over producers exporting items they promote on eBay.
