4 Business Models of Companies on 1688.com That You can Choose

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Today you’re going to see 4 types of company that improve your business.

So if you want to buy products from them, you’ll love today’s guide.

Let’s dive right in.

1.Production and processing

2.Wholesale

3.Business service

4.Investment agent

How to choose companies on 1688.com

More and more companies are entering the 1688 platform in the future in China

In fact, 90% of companies’ business model is production and processing. 8% of companies’ ’ business model is wholesale. 1% of companies’ business model is business service. 1% of companies’ business model is investment agent .

But, There is a little fake information showed on their company file, such as date of establishment, registering address, number of employees, certificate.

With that, it’s time for me to show you the 4 types of companies on 1688.com.

1.Production and processing

What It Is:

Production and processing means that the registered company is a manufacturer that has its own factory, and has the ability to produce and process.

Processing Methods:
OEM processing, ODM processing, OBM processing, Processing Trade, Manual Processing, Sample Processing, Processing with Supplied Drawings, and so on.

Why this?

I believe that many importer want to buy goods from factory so that save more money.

Advantages

Factory usually has certain specific products, which are competitive in terms of quality, price and design.

Disadvantages

Many small factories don’t have employees who can speak English fluently.

Many small factories don’t have export licenses.

How to identify them

You can check business licenses

bag factory business licenses

You can identify it based on the following four details:

#1 registering address is in industrial area.

#2 production and processing in management scope.

#3 The shop have joined in taogangchang on 1688.com

#4 There are less categories and less product in their shop

If four details mentioned are verified, you can be sure that the companies are factories.

2.Wholesale

What It Is:

Wholesale Distributor is a company who get products from a lot of factories to sell directly to the retailer.

Why this?

Wholesalers have a lot of factory resource to meet your needs and help you save a lot of time.

Advantages

Generally, a factory is often difficult to meet the needs of customers. But wholesalers can get products from many suppliers in China to meet you needs.

Disadvantages

Price is high and you can’t know cost of product

How to identify them

You can check business licenses

You can identify it based on the following two details:

#1 registering address is in office buildings or residential area .

#2 retailer and wholesale is in management scope.

If two details mentioned are verified, you can be sure that the companies are wholesalers or trading company.

3.Business service

What It Is:

Business services are services that are primarily sold to enterprises in China. Its maybe be

E-commerce, building shop on 1688.com and virtual service.

Why this?

They have professional skills to help you solve some problem.

Advantages

They have offer business service with professional knowledge

Disadvantages

They charge according to some conditions.

How to identify them

You can check business licenses

You can identify it based on the following two details:

#1 registering address is in office buildings or residential area .

#2 technology development is in management scope.

If two details mentioned are verified, you can be sure that the companies offer business service

4.Investment agent

What It Is:

It is a company who looking for distributors for their enterprises to promote their product in China.

Why this?

If you don’t have technology and money, they can help you.

Advantages

Professional knowledge

Trusted brand

Disadvantages

There are certain risks to sell their product and you get low commissions

How to identify them

You can check business licenses

bag investment agent business-licenses

It is difficult to determine whether it is an investment agent through a business licenses. You can call them and know some information from them. It’s best to visit their companies to know what it is.

So those are 4 of business model of companies on 1688.com.

Generally speaking, large buyers will choose traders, small and medium buyers will choose factories.

Conclusion

Now I’d like to hear from you…

Which of business model of companies have you tried before?

Or maybe you have a question about something I talked about.

Either way, let me know by leaving a quick comment below right now.

 

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