Foreign Media: China'S Best Time To Purchase Is Gone, Now In A Difficult Time.
Foreign media said luxury purchasing industry has begun to decline.
For ordinary buyers, it is now in a difficult period.
According to British media, for "purchasing" people, life has been quite comfortable: they are usually young women who travel around the world to bring foreign cheap goods back to many handbags.
They net Gucci during the day.
Gucci
Etc.
Luxury goods
In the evening, they rely on profligate profits to squander.
Because the price of luxury goods in European cities is much lower than that in China, China's tariffs, other taxes and supply and demand rules have pushed Prada up.
Prada
) and Louis Weedon (
LV
The price of luxury goods.
Buy at a high price and sell at a higher price, but the price is still lower than that of China's luxury shopping centers: This was once a buying business model.
Let's call it handbag arbitrage.
Smart purchasing will not give up the daily work, because in a strict sense, purchasing is not legal; but at least, the profits from purchasing are enough to travel to Paris freely.
This pattern will never last, nor will it last.
China has adjusted the tax rate, and some luxury brands have also adjusted their prices. And recently, people are relying on themselves to meet the demand for purchasing.
Last year, the number of outbound travellers in China reached 120 million, so many people could buy their own cream and high heels from abroad.
They have become their own private buyers.
Bain consulted the 2015 China luxury market research, saying that the luxury shopping industry has begun to decline.
The study estimates that the industry has shrunk by more than 1/3 in the previous year, from 55 billion yuan in 2014 to 75 billion yuan, down from 34 billion yuan to 50 billion yuan last year.
This is not because Chinese people are spending less because of slower economic growth.
Mainland Chinese are still buying luxury goods.
They are only collecting more cheap goods on their own, and purchasing is facing more stringent customs censorship.
The devaluation of the renminbi has not played a role in it.
Therefore, for ordinary purchasing agents, it is now in a difficult period.
But they are very smart, and have figured out how to provide the Chinese market with what they really want private buyers to buy: more and more shopping items are turned into sanitary napkins, soft sweets, and baby waterproof skin care.
The quantity of purchasing must be large enough to form a profitable business mode.
Purchasing is no longer as interesting as it used to be: it's much more interesting to pick up goods at the old Buddha's department store than to buy goods on the local personal care shelf at discounted pharmacies.
Catherine (Catherine) is a part-time Chinese purchasing agent who lived in Germany and joined the bank 6 months ago.
She told the Financial Times: "I think it's too late for me to go too late. The best days for shopping are over."
But she found that domestic demand for baby products and snacks was great.
"German Knoppers cookies, Japanese raw chocolate and Russian cakes," she said, "shoppers like them."
She bought it overseas and shipped it to China. She put the cost and profit of the mail in the price.
"I still have confidence in this industry because there are many fake products in China," she said.
Catherine said that the cheapest item she had ever sold in this way was the baby's umbilical cord. Another private buyer said that the cheapest purchase item she had ever sold was "Japanese double eyelid stickers".
"At first, I just wanted to earn some pocket money," Catherine explained. "But then I started thinking of it as a career."
After that, she realized how big the workload was and how low the profit was, she said.
She sells infant formula for example, which is a popular purchase product.
"6 cans of formula milk weighs 4.8 kilograms (this is the maximum quantity of milk powder each package can be carried by Chinese customs").
I sell 198 yuan per pots of milk powder, but I may spend more than one hour packing.
Sometimes supermarkets restrict the purchase of formula milk and buy only one pot at a time.
Sometimes there will be shortages.
Considering the time and cost, the profit is very low.
I will not buy formula milk in the future.
Therefore, as a profession, the global purchasing volume of China has been reduced.
Although there are still arbitrage opportunities in double eyelid stickers, purchasing is hard to do in the days when the purchasing industry is declining.
Never, however, underestimate the ability of ordinary Chinese to create business opportunities in an unprecedented field.
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