
Where is it more profitable to buy from Taobao or 1688?
You have a
need for purchasing goods? China successfully copes with the task of producing
a huge assortment of products for the whole world. There is a whole system in
place, from enterprises to logistics. The main question is whom to start
cooperation with. When talking about the largest trading platforms, we are
interested in the difference between Taobao and 1688. Let's try to understand
this question in more detail.
Who is who?
What
exactly are the trading platforms that have attracted our interest? Both
organizations deserve special attention.
Taobao is
one of the largest Chinese online markets for consumer goods. It was created by
the Alibaba Group in 2003. The company provides the opportunity for millions of
small and medium-sized entrepreneurs, as well as individuals, to sell their
products online. It was originally intended for the Chinese market, and the
main language of the platform is Chinese.
1688 is a
major online marketplace in China owned by the Alibaba Group. The name comes
from the date of the market's founding, which was chosen in honor of the
Chinese calendar. 1688 features thousands of Chinese manufacturers and
wholesale suppliers offering a wide range of products in large volumes. Here
you can find products from various industries such as textiles, clothing,
footwear, electronics, accessories, building materials, household goods, and
much more.
At first
glance, the difference between Taobao and 1688 is insignificant, but it all
depends on your needs. It is important to consider your own requirements before
making a choice.
The difference between
Taobao and 1688
Let's take
a closer look at the features, advantages, and disadvantages of each platform.
To do this, we will consider the main aspects of cooperation and purchases.
Orientation
This is a
key factor that distinguishes Taobao and 1688. The former involves trade
between individuals (C2C), while the latter involves trade between companies
(B2B). Taobao is an online market for selling directly to end consumers. This
allows sellers to offer a wide range of products and sell them retail. 1688 is
a wholesale platform for manufacturers and sellers (including those on Taobao).
Minimum order
When it
comes to Taobao, there are almost always limitations on the quantity of goods
that can be purchased. Typically, it ranges from 100 to 1000 units. 1688 stores
offer the opportunity for individual orders.
Price level
This factor
is considered key for many buyers. When people ask if Taobao or 1688 is more
profitable, the volume of the order should be taken into account. Taobao offers
low prices for retail purchases. If the minimum price of a product is of
interest among all Chinese platforms, 1688 comes first. This is because the
sellers are direct manufacturers. However, this is specifically about large
quantities. We hope this will settle the question of whether Taobao or 1688 is
cheaper.
Interface
The
websites of the trading platforms are very similar. They have practically
identical interfaces, with many options being the same. Both resources are in
Chinese and do not have a built-in translation system. This requires the use of
third-party tools. Communication with sellers takes place in Chinese.
Assortment of goods
There are
no differences here, and it cannot be said that 1688 or Taobao is better. Both
platforms offer a wide range of products in various categories - from electronics
to clothing or footwear.
Delivery geography
In any
case, it is only possible to purchase goods with shipment to warehouses within
China. Direct shipments abroad are not provided for. This requires considering
the moment of renting premises and solving other tasks. Another way involves
using intermediary services. This aspect is discussed in more detail in the
article on how to order goods from 1688 to Russia.
Payment
In both
cases, it is necessary to use Chinese payment systems. This is another obstacle
that many buyers resort to using intermediary services for.
Safety
Transferring
money to a seller's account from another country is always associated with
risks. Trading platforms carefully monitor the protection of both parties. A
rating and reputation system has been introduced. Feedback with the
administration has a number of problems but it works. It is also worth noting
the low likelihood of fraud. This is an important difference from Alibaba, where
users often face problems.
Branding
There is a
difference between Taobao and 1688 here. In the first case, such services are
not provided. Since manufacturers of products are presented on 1688, they
consider the possibility of applying logos or other branding options (but only
in the case of wholesale orders).
Other features
Experience
of purchasing on trading platforms shows that the goods will be shipped within
1-7 days. As for product stock, there is very little chance of shortages, even
with wholesale orders.
Conclusion
When you
are looking for where to order goods - 1688 or Taobao, many aspects are
similar. The answer to the question will vary depending on the client's status.
If you need to order a large batch at the minimum price, it is logical to
choose the 1688 platform. It is designed for B2B and B2C business types. Taobao
is more oriented towards small and medium batches, and the majority of
transactions fall into the C2C category. It is suitable for novice
entrepreneurs.