Joint purchases, or joint venture for short, is a combination of words that has become very popular in recent years.
Joint purchases - the name itself already explains the essence: a certain number of people consolidate in order to purchase this or that product in bulk. As you know, buying in bulk is even cheaper. However, someone must be involved in bringing people together and ordering the product. For example, it is possible to buy 50 units of a product at a cost significantly less than the market price.
Sometimes a client doesn’t need to buy a lot of goods, and if you find several clients, then there will be hope to buy the right thing cost-effectively.
Co-purchasing is when a group of people buy the same product at a low wholesale purchase price. It is when you participate in joint purchases, buy something together with others, that the desire to become an organizer of joint purchases appears and at the same time the question arises of how to become an organizer of a joint venture.
How can you make money here? Naturally a % increase in the cost of the product. Traditionally it is 10-30%. The markup percentage depends on the initial price of the product. If the product is not expensive, then you can make a large % markup, and vice versa, if the product is expensive, then a large % markup is no longer worth doing. You need to create your own price list, which will indicate the new cost. The cost formula is as follows: the price of the product from the supplier + your markup percentage. In any case, you will have income. You will not have a minus on money.
Joint shopping is not a complicated business. If you understand it, then you will succeed and can have a stable income. The amount of time spent on purchasing is quite insignificant.
Gradually, you will be able to control several joint purchases at once.
If you were looking for work from home, on maternity leave, or work on the Internet, then working as an organizer of joint purchases is a great option. You will get several advantages from this job: you will buy goods at low prices for yourself, your friends and family, and you will also be able to have a stable, good income.
You need to offer products that are in huge demand. Find an in-demand product that can actually be ordered in bulk on interesting terms. The endless space of the Internet and online stores will always undoubtedly help with this. The most popular products are:
When choosing a suitable category of goods, bet on things that are interesting to you and your family members, since it is much easier to become an organizer of joint purchases in the area in which you are well versed. In this case, you will understand what aspects to pay attention to when choosing a product line supplier.
We, TiBiMi.ru, are a reliable intermediary and supplier of goods from China, from TaoBao and Alibaba stores (1688.com). You can buy products retail on TaoBao or wholesale from 1688.com. The order is placed on our website. We deliver quickly and inexpensively. You can always find delivery rates on our website. We accept payment in rubles to our Sberbank card. By the way, the card account is opened in the Irkutsk region, so for clients from Irkutsk, Angarsk and other cities of the Irkutsk region, transferring funds to our card will be free. This is a nice bonus.
There are two types of group purchases on Aliexpress:
- organized by various groups and sites on the Internet.
This type of group buying (also known as "co-buying") is organized to buy back items that are sold in bulk on Aliexpress - for example, baby hats sold in lots of 10 pieces. Group purchasing allows you to buy only the quantity of goods required by each purchasing participant (for example, 3 pieces) and save significantly without overpaying for unnecessary units.
The essence of group purchases in this case is that the procurement organizer puts up the goods that he intends to purchase, potential buyers “sign up” for the purchase and, when the required number of participants is recruited, he buys the lot to his address
When the order arrives, each participant in the redemption pays an amount proportional to the quantity of goods ordered. The cost of delivery (if any) is divided equally among all procurement participants. The purchase organizer charges org. fee (usually 10-15%) for purchasing and sorting goods.
Such purchases are convenient for residents of one city. If buyers from different cities participate in the buyout, the organizer sends the received goods to their country. Procurement participants also pay the cost of shipping within the country.
- organized by the Aliexpress website itself.
What are group purchases on aliexpress organized by the site itself? This is nothing more than a regular purchase of goods at a discount. The name “group purchases” in this case is a common marketing ploy to attract attention. This type of purchase has nothing to do with wholesale purchases, and “group” in this case means that the displayed product will be bought by a large group of people, which will allow the seller to quickly earn a high rating (the rating is awarded, among other things, for the number of sales per website). Actually, this is why promotions and sales are organized - to quickly sell goods and increase the rating of sellers participating in promotions.
You can find the page with items offered for group purchases at:
The duration of such sales is limited in time and quantity of goods. When all the goods are sold out, the message “sold out” appears on the picture. Updates of displayed goods occur on average once a week - on Monday at 11:00 Moscow time (GMT+4). However, if there are many sellers who want to participate in the promotion, updates may occur more often. The time is always the same - 11.00 Moscow time.
Sellers also set restrictions on the quantity of goods per person - i.e. how many units of promotional goods can be ordered from one account (ID).
For the description of the promotional item. A big discount beckons you to click on the “Buy Now” button, however, it happens that the seller sets a minimum order amount, which obliges you, in addition to the promotional item, to pick up something else from his store for no less than the specified amount.
For the period during which you must pay for the purchase. After this period, it becomes impossible to purchase the product at the promotional price and the order is automatically canceled. We recommend paying for promotional items immediately, because... Some sellers quietly raise the price during the promotion (sometimes by doubling), which also affects items already added to the cart.
Thus, it is profitable to participate in group purchases from Aliexpress if you track the prices of the desired product, see it in the promotional list in time and pay immediately after adding it to the cart.
We wish you happy shopping!
“Joint purchases (SP)” for different groups of goods – from nuts to plastic windows – are increasingly gaining popularity. The mechanism of “Joint purchases” is as follows:
– The Wholesale Company has a minimum order amount, for example, 20 thousand rubles. The organizers of “Joint Purchases” unite retail buyers and organize a purchase from a wholesale supplier for a minimum amount, then transfer the ordered goods to the “Joint Purchase” participants.
The advantages of “Joint purchases” are obvious:
The wholesale company sold products in the minimum possible volume at the base wholesale price;
The JV organizer earned interest for his work as a Co-Purchase coordinator;
Participants purchased the product of interest at a wholesale price and a small percentage of the Organizer of the “Joint Purchase”;
There are, of course, unscrupulous Wholesale companies that create several websites: one basic one, for wholesale buyers who purchase goods and then sell them in their offline and online retail stores.
The second site is for the organizers of “Joint Purchases”. On this site, prices are set close to retail prices. Considering that participants in “Joint Purchases”, in addition to the wholesale price for the product, pay delivery and a percentage to the organizer, the final cost is equal to the retail price, and sometimes higher for this product.
In the B2C retail market, everything is clear and quite transparent.
Many companies have begun to appear that organize “Joint wholesale purchases from China” for business (b2b), i.e. for owners of online and offline stores in Russia.
Using the example of one company that decided to conduct “Joint wholesale purchases from China” (let’s call it company “N”), let’s consider the mechanism for conducting these “Joint purchases” and how beneficial it is for the participants, i.e. for store owners in Russia.
Company “N” positions itself as a wholesale company, working with stores that purchase products from it in bulk for further resale to retail customers.
Company “N” decides that it no longer wants to invest its money in purchasing goods from China for the purpose of further wholesale resale in Russia. The motivation of company “N” is quite understandable:
Delivery of goods from China takes a long time - on average 1.5-2 months, provided that the products are imported to Russia, going through legally established procedures: customs clearance, product certification and much more. The funds invested in the purchase of goods are actually frozen for this period and do not bring income to the Wholesale Company - the importer.
Company “N” informs its Clients about the “individual” and “unique” opportunity to take part in the “Joint wholesale purchase of goods from China”.
Company “N” organizes this “Joint Purchase” with important nuances:
Company “N” has found an “interesting” solution for ITSELF not to “freeze” its funds for the purchase of products from China for 1.5-2 months, but to take these funds as an advance payment from its Clients, maintaining standard wholesale prices for Russia for presented products and thus the level of their income. At the same time, company “N” disclaimed responsibility for delivery times and quality of supplied products.
Let's call a spade a spade: the China Wholesale Collaborative (b2b) data is misleading and has a negative impact on the business of the Collaborative Purchase participants. In addition to the risks associated with violation of the Legislation, Participants receive products at a standard wholesale price, or even higher, while “freezing” their funds for 2 months. As you know, money should “work” for your business, and not develop and reduce costs for PSEUDO organizers of “Joint wholesale purchases from China”, like Company “N”.
Before participating in such "Cooperative wholesale purchases from China" for business, we strongly recommend that you study the following issues:
The questions listed above are standard and if the Organizer of the “Joint Wholesale Purchase from China” is a professional and responsible company, then you will be provided with this information in full.
our employees FOR FREE will advise on importing products from China or participating in “Joint wholesale purchases from China”, including if you are not a Client of our wholesale Company.
There are 2 types of group purchases:
The first type of group purchases is a regular purchase of goods at a discount, which has nothing to do with wholesale purchases. The word “group” means that the product offered will be bought by a large group of people. And this, in turn, will allow novice sellers to earn a good rating in a short time.
In order to go to the group purchases page, you need to click on “Group purchases” to the left of the site logo.
Sales in group purchases are limited in time and quantity of goods. Every Monday at 11 a.m. Moscow time the product offerings are updated. An exception to these rules is a large number of people wishing to participate in promotions. In this case, updates are made more often, but at the same time (11:00).
If the picture of the product shows the inscription “Sold out”, this means that the entire product has already been sold out. Some sellers may place limits on the number of units per person. That is, how many promotional goods can be purchased from one account.
Group purchases organized by groups and sites on the Internet are also called “Joint Purchasing”. In this case, goods are sold in lots at wholesale prices. This type of purchase allows buyers to purchase only the required quantity of goods and save significantly on it.
The essence of the so-called joint purchases is that the organizer exhibits goods that he plans to sell (at wholesale prices) and when the required number of participants (buyers who have signed up for the purchase) is recruited, he buys the lot to his address.
Each buyer pays for their order, and the cost of delivery (if it is not free) is divided equally between all participants. The organizer of group purchases charges an organizational fee of 10-15% of the order value for purchasing and sorting the goods.
Before making a group purchase, it is advisable to monitor prices on the site. Sometimes the prices of items listed in group purchases are higher than the prices of non-promotional items. Please also pay attention to the description of the promotional item. By setting a minimum amount for an item, the seller may oblige you to additionally select something else for an amount not lower than the specified amount.
Equally important is the validity period of sales in group purchases. After the specified period, it is impossible to purchase the product at the promotional price. In this case, the order will be automatically canceled. It is recommended to pay for such orders immediately, as some sellers may quietly increase the price.
When sales start weekly at 11:00 Moscow time, the “Almost for nothing” icon appears in the “Group purchases” section. In this section, each product is displayed in limited quantities (this information is not available to the buyer). Here you can purchase products with a discount of 50-90% and free shipping worldwide.
There are a lot of people who want to buy goods in the “Almost for nothing” section, so in order to be in time a little earlier than others, you should not hesitate to click the “buy product now” button. The essence of this promotion is to advertise a particular product. For example, out of 1000 people who want to buy a product, only 100 people will buy it, and the rest will order this product in other sections.
In the “Almost for nothing” section you need to make a purchase in 10 seconds. Some experienced buyers manage to do it in 7 seconds. You can pay for your order later, the main thing is to place it by choosing the size and color.
We welcome you, dear users and visitors of the business magazine “site”! The topic of today’s publication is “Business with China.” We will tell you where to start, how to find and establish optimal mutually beneficial cooperation with partners (intermediaries), and also provide a list of popular Chinese trading platforms where you can purchase goods from China in bulk and consider the possibility of reselling goods without investment.
From the article you will learn:
More and more Russian and other entrepreneurs are turning their attention to China to make their activities more reliable, profitable and competitive.
Huge assortment manufactured products, as well as low prices with quality improving everywhere, they leave no choice for beginning and experienced entrepreneurs when identifying partners for cooperation.
After reading this article, businessmen of different levels will be able to familiarize themselves with the “rules of the game” in this market, even a beginner without initial capital, after reading the article to the end, will find an opportunity to earn money in cooperation with partners from China.
How and where to start your business with China, what are the advantages and benefits of a business reselling goods from China, is it possible to open a business without investment, and so on, read the article below
Products made in China occupy one of the leading positions in terms of sales and popularity in global markets. And if several decades ago Chinese products were introduced only in the niche of budget products Low quality , then at the moment the range has been expanded up to up to elite samples with the highest consumer properties.
Competitive prices, as well as a huge selection of various products provide entrepreneurs with wide opportunities to earn good money.
The process of interaction with China is not complicated, and every businessman with fundamental knowledge and entrepreneurial experience can successfully work in this market without an initial investment (or with minor investments).
General scheme of work with China:
At the same time, many beginning entrepreneurs causes unnecessary anxiety customs clearance, product certification, taxation And a number of other related factors. However, having studied all the necessary information, businessmen should not have any difficulties when interacting with Chinese manufacturers and intermediaries.
☑ Delivery, customs clearance and certification of goods can also be entrusted to a third party.
Trade - the best option for starting a career in business, and having companies as partners that will help supply affordable and in-demand goods to Russia, provides unlimited opportunities for earning money and developing your business.
Business from scratch in this segment is very limited and involves the resale of goods through a dropshipping system. Read about this and much more further in the article.
In recent decades, there has been a trend of increasing attention of the Russian business community to the Chinese manufacturing market. Manufactured in this Asian country the entire list of goods necessary for a person to live.
Advantages and benefits of cooperation with Chinese manufacturers
For years, the stereotype formed by the average resident of the country that Chinese goods are of low quality is gradually being eliminated. An increasing number of buyers find themselves satisfied with the quality of products from China, with constant low price compared to competitors.
Even in the traditionally competitive high-tech market, where “they rule the roost” Western European, North American, South Korean and Japanese manufacturers, Chinese companies managed to occupy a significant market share. At the same time, the quality of manufactured goods is increasing.
The development of modern means of communication and technology will allow entrepreneurs to significantly reduce the initial costs of cooperation with Chinese manufacturers or intermediaries.
It is also worth noting that enterprises from China trade with countries around the world and constantly introduce new products to the market and use innovative ideas. By carefully studying the demand among the population and supply from China, the entrepreneur has the opportunity to be the first to introduce new products to the Russian market, which will significantly maximize profits.
The attractiveness of partnerships with Chinese manufacturers and intermediaries is determined by a number of factors:
Let's look at the main benefits of doing business with China:
To check the integrity of the seller, understand the functionality of the trading platform, calculate the cost of delivery and the product itself, knowledge and skills are required.
Many will want to order the necessary goods on a Russian-language website, since there is always the opportunity to call and clarify with the seller all the questions and nuances of purchasing the goods, negotiate the terms of delivery of the order, and so on.
Your own business with China - where and how to start your business with China
In order to establish business in cooperation with Chinese partners, you should consider 10 simple steps (stages) for successfully launching a business resale of goods from China.
Most Russian entrepreneurs cooperating with Chinese companies use a number of time-tested models of interaction with partners:
By establishing cooperation with Chinese partners, an entrepreneur has the opportunity to sell goods in bulk with significant profitability. The Chinese market provides a large list of various products, and choosing a product that is in demand will not be difficult for an entrepreneur.
The work algorithm includes a number of actions:
A businessman who has established supplies from China should not have much difficulty finding partners in Russia.
The only thing that would be advisable is to use additional communication opportunities via the World Wide Web: social media, notice boards, and also take advantage of a very effective way to promote products - contextual advertising.
Many novice entrepreneurs ask themselves when starting a business in China: what to sell and who to sell their goods to?
In the foreseeable future, there are no countries that will be able to compete with China in terms of the range of products offered, as well as in price.
The country's industrial base is constantly grows and develops, constant subsidies help Chinese entrepreneurs improve the quality of their products and optimize costs.
At the same time, a significant level of competition ensures a fairly low price level.
So, which Chinese goods can provide an entrepreneur with a high level of income?
Products in this category are relevant at the moment and will always be in demand. In Russia, as in most countries of the world, for a significant part of the population the main factor when purchasing is price, and then everything else.
The cost of shoes and clothing from the Celestial Empire is lower than that of competitors with constantly improving quality and a large assortment of offers.
Another factor in the popularity of Chinese clothing and shoes is counterfeits of well-known brands. However, the quality of goods (as well as price) can vary significantly.
Many Russian consumers want to assert themselves by purchasing “ branded"thing for relatively little money.
Russians do not have much confidence in Chinese technology, but again the price factor has an impact and there is significant demand for this category of goods among the population. The purchase price from partners is very low and the entrepreneur has the opportunity to earn good money
There have never been famous perfumers in the PRC, but the country is very good at copying fragrances, bringing them to the maximum similarity with the original. At the same time, a similar branded product costs 10-20 times more.
The reaction speed of entrepreneurs in China is very fast: A new branded fragrance appears on the market, and Asian craftsmen are already in full swing creating an analogue.
Watches, women's and men's bags, wallets, and phone accessories are very popular and best-selling products. Counterfeits in this category of goods are difficult to distinguish from the original. Substitutes for well-known brands are always in great demand among the population and their supplies are very cost-effective.
Most of the souvenir products in the world are of Chinese origin. Tourists and travelers always purchase these products.
Products are made from glass, ceramics, plastic, which allows it to retain its consumer properties for a long time, be stored in warehouses (garages) and sold gradually.
The total number of vehicles in Russia is increasing from year to year, and the cost of car maintenance is also increasing: technical inspection, repair costs, insurance, fuel. And the objective desire of motorists to save on related products is quite understandable.
Sale spare parts, brushes, covers and automotive video and audio equipment will allow the entrepreneur to satisfy demand and provide himself with a significant level of income.
Business in cooperation with manufacturers and suppliers from China with rational organization of work is very profitable, especially thanks to intermediaries with low commissions, ordering goods from China becomes much easier and more convenient. The price difference between goods between the Celestial Empire and Russia can be 500 % and more.
By choosing the right niche and working with reliable suppliers, an entrepreneur has the opportunity to build a stable, profitable business.
Many young and successful entrepreneurs have already launched their startup projects, where a certain part of the business is occupied by goods from China. we wrote in one of our previous issues.
Dear readers of the business magazine “RichPro.ru”, we will be grateful if you share your experience and comments on the topic of publication in the comments below. We wish you good luck and success in business with China!