1688 Only open to the Chinese market, all sellers on this e-commerce platform are Chinese manufacturers or wholesalers. Most products sold to Taobao and Taobao sellers are for B2C (retail) in China. 1688 charges an annual fee of 6688 Yuan.
Differences between 1688.com and Alibaba.com
1688.com is an e-commerce site exclusively for the Chinese market. This e-commerce platform only grants sales rights to manufacturers and wholesalers in China. Foreigners are not allowed to sell on this e-commerce site. Most of the items on 1688 are supplied to retail stores on Taobao.com. To have a wholesale store on 1688, account holders need to pay a fee of 6688 yuan each year.
Unlike 1688.com which only focuses on the Chinese market, Alibaba.com.com is an e-commerce platform that allows opening global stores. That is, factories and sellers can post anywhere selling on Alibaba Okay. Some sellers even import goods from manufacturers on 1688 to sell on Alibaba. The annual store maintenance fee on Alibaba is 29,800 Yuan, much more expensive than 1688.com.
For that reason, you can see that buying the same item at 1688.com can be much cheaper than on Alibaba or even Taobao. This is also why so many international buyers outside of China often seek to purchase on 1688.com through a sourcing agent channel as they can get a more competitive price. a lot on this platform, especially for small and medium enterprises and individual sellers on other e-commerce platforms.
For example, in Vietnam. You can absolutely find a purchasing service through 1688.com to support finding good products, purchasing at a much lower cost and importing goods to sell on platforms like shopee, lazada, or tiki. .
Especially for manufacturers and factories that need import Large quantities of raw materials, links, accessories... from China, often seek services such as: purchasing on 1688, service Trust imports, import service for Chinese goods to conveniently find sources of goods at good prices, ensure product quality and optimize input costs of production materials.
Purchasing service on Alibaba and 1688.com from HBS Vietnam.
HBS Vietnam is a leading unit supporting Vietnamese businesses and individuals in sourcing, providing sourcing products on 1688, product quality inspection, packaging, labeling as required, and delivery services. inter-national goods... if you are in need of such services, please contact us for advice:
Or register online with us for support:
- Check goods at the factory, factory in China
- Verify the Trustworthiness of Foreign Suppliers.
- Search for Reputable and Safe Suppliers at original prices
- Payment on behalf of the Buyer.
- Entrusted Imports for Businesses
- International Transportation for both small and official channels
- Inventory goods for correct quantity and quality
- Check and control packing with images and videos
Hope this is useful to you.
