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Looking for Chinese/Korean/East Asian eBay sellers

Discussion in 'Ebay' started by Globalization, Nov 8, 2014.

  1. Globalization

    Globalization Regular Member

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    Alright so basically I've been made aware of a product here in the USA that might sell for 3x-5x the price over there than from here. Im looking to partner with someone selling on eBay in those countries.
     
  2. Kawgy

    Kawgy Junior Member

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    have you considered of how china model is exportation is good and importation is bad. meaning china loves to seize packages thats imported to their country. however, they're glad to export you anything you want without much hassle once you get the procedure down.
     
  3. Rylatek

    Rylatek BANNED BANNED

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    That's true, china basically exports stuff for free but, importing costs tons of money and tons of problems.
     
  4. Rylatek

    Rylatek BANNED BANNED

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    I hope you find a good seller soon, you should be able to make a lot of profit.
     
  5. Silverbak

    Silverbak Junior Member

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    Almost no Koreans use ebay - they use Naver and other Korean based services almost 100%. Your finding things sell for 2-3x as much in Korea as they tax the living day lights out of imports (while the US gladly accepts anything they export). Also, some companies get exclusive rights for importation purposes (i.e. Cannondale bikes).

    I don't believe the Chinese use ebay much either.

    I wouldn't say that it is not worth pursing but your sales channel needs to be something other than eBay.

    I base this off of seven years of living in the ROK.
     
  6. STAUNCH

    STAUNCH Junior Member

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    Chinese people do NOT use eB, lol. They use TaoBao and all Alibaba services and their subcompanies, Alipay, etc. Chinese-services. Almost no US/EU ones.
     
  7. toml3030

    toml3030 Elite Member

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    There are two types of Chinese people on eBay, those who want to sell you stuff, and those trying to scam you.
     
  8. toml3030

    toml3030 Elite Member

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    The taxes aren't that bad, but your second point is 100% truth. Many companies here have exclusive resale rights in Korea and that's the reason why it's so much more expensive there. For example, Chairman of Samsung bought exclusive rights to sell Tory Burch products in Korea for his grand daughter so you will not be able to sell any Tory Burch stuff in Korea. Therefore a Tory Burch shoe that costs $235 retail here costs $400+ there.
     
  9. Silverbak

    Silverbak Junior Member

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    Yes, I'm not one hundred percent sure of the tax rates (and don't have time to look them up). Off the top of my head, I believe import taxes are significant on anything above a certain threshold $150 or $200 - I forget. Also, they differ by category of the import.

    I do know that a two wheel drive ford explorer in Korea will run about $100,000 US (one of my wife's relatives bought one). When the primary Ford service center is located in Gangnam (as in "Gangnam"style), you realize that you best prepare for a "no Vaseline" penetration if you happen to own a Ford in Korea.

    I've never had to worry about the import taxes for my own goodies as I always received my stuff via the USPS under the SOFA treaty.

    And your point about the Chairman of Samsung is also a good lesson in doing business in Korea - don't try to enter a market that is already ruled by the Chaebol (family controlled conglemerates) - you'll never win. I knew some kids that were doing quite well importing some authentic named brand merchandise until CJ Home Shopping (NOT commission junction CJ) decided to take over.
     
    Last edited: Nov 9, 2014
  10. toml3030

    toml3030 Elite Member

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    Tax rates aren't bad, what's bad is selective enforcement of laws.

    That's actually because how Korea taxes cars, as well as import taxes. SUV's and engines with large displacements get destroyed in taxes over there. For example, an Audi A8 is still more expensive there due to import taxes, but it's like $100K over there vs. $80K here. Anyhoo, it's not that expensive to own a car there, as long as you stay away from certain ones. In Singapore, a SUV costs $150K and up, PLUS $5K a year in license fees, PLUS you're only allowed to drive it three days a week.

    You can make money importing stuff there, but you'd have to do it physically and sell it there physically. Making money on eBay over there is laughable at best.


    The problem is the people running the ecommerce sites there (naver, kakao, daum) keeps track of who sells how much and as soon as you start making a decent profit, they set up competing operations against you. It's like if eBay copied to top selling eBay accounts themselves and started competing against them.
     
  11. Silverbak

    Silverbak Junior Member

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    Agreed, I've thought about importing NA Hardwood as I have the connections in the US and [some] in Korea but it'd be all about relationships (and mostly non IM) on both ends.
     
  12. renown210

    renown210 Newbie

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    I'm not using Ebay but sell in taobao.com(china) and in korea.
    I have a small international trade company at shanghai and beijing in china, at seoul in korea.
    So I wonder what you want to sell.

    Can you pm me?

    ps) Is there any chinese guy or korean, japanese guy? Then We can exchange good information each oterh.. plz pm me. I want to set up the meeting.
     
  13. D4RK KNIGHT

    D4RK KNIGHT Regular Member

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    There's so many other selling platforms in China.