Chinese ebay economics

Discussion in 'CycleChat Cafe' started by Maggot, 17 Mar 2017.

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  1. Maggot

    Maggot Star of BBC 5Lives Ballot Box Brigade

    Location:
    Around and about
    I am not an economist, although I have read Freakonomics, but can someone explain the economics behind some of the Chinese sellers on ebay?

    I have purchased quite a few items from such sellers, most notably........

    a small backpacking stove, identical to a Vango one, but instead of an average of £19.99 in the UK, it was delivered from an address in Hong Kong for £2.89
    a ukulele strap, delivered from Beijing for £1.49
    my most recent purchase last night and was a Baofeng UV 5R radio, they are around £25ish+ p&p from the UK (you may find one cheaper, but there are plenty more expensive). This will be delivered (including p&p), again from China, for...........£4.99 :eek:

    If I want to send a similar sized parcel to China, ParcelForce will charge £40.35 :ohmy: I know there is a chance it won't arrive, but for a fiver I am happy to take the chance, everything else has always arrived though.

    So how can they send a radio with a retail of £25, in a package that could cost £40 (£65) for £4.99 :wacko:
     
    Bobby Mhor likes this.
  2. nickyboy

    nickyboy Norven Mankey

    It varies a lot depending on the goods and the location of the supplier but P&P for Chinese exporters is heavily subsidised

    Generally speaking the Chinese manufacturers that you are dealing with direct operate on low margins, typically 20%. Compare that with a Western manufacturer usually will be at least 40% and then that is to a distributor/retailer who will then apply their own margin too

    Stuff will often be described as "samples" or whatever on the import documentation so as to avoid our VAT
     
  3. Globalti

    Globalti Legendary Member

    Presumably these items come in a container on a mahoosive ship so the freight cost is about half a penny?
     
  4. Mister Paul

    Mister Paul Legendary Member

    Much of the "genuine" stuff is fake.
     
  5. biggs682

    biggs682 Smile a mile bike provider

    Location:
    Northamptonshire
    I have had several dealings with Gearbest.com again mostly from China and a prompt service at stupidly low prices .

    Daughter has just ordered a prom dress of e bay from China and its loads cheaper than same dress from Uk and more than likely will arrive quicker as well
     
  6. User1252

    User1252 Guest

    As Nicky boy says, the postage is subsidised. The Chinese government subsidise outbound. Under international convention it gets delivered this end without charge.
     
  7. Bobby Mhor

    Bobby Mhor Wasn't born to follow

    Location:
    Home
    A wee Bowfin for £4.99 that's good:okay:
    Do I need a spare?:okay:
     
    mybike likes this.
  8. Reiver

    Reiver Legendary Member

    my last hong kong sourced item took 8 days so must have been airfreight. It was under half the price of the same sourced in UK. The rub is if it arrives broken because you would have to pay return postage of £40+ (which aint much use if it only cost 25). Luckily every thing I have source from the far east has arived perfect, I will get me fingers burnt at some point though.
     
  9. Andrew_P

    Andrew_P In between here and there

    Worse still eBay are actively promoting Chinese sellers - some of the stuff is awful. When I say worse mainly the ones using UK pick and pack and circumventing UK Taxation - using dodgy but barely legal Ltd companies etc.

    It is hard enough to buy volumes of product on Spec let alone single items. Never quite sure where a consumer would stand in the event of the item causing a problem. Such as an Electrical product causing a fire. Under normal circumstances the manufacturer or importer would be liable, so I have wondered if the consumer would be in this case. I
     
  10. OP
    OP
    Maggot

    Maggot Star of BBC 5Lives Ballot Box Brigade

    Location:
    Around and about
    Bobby Mhor and mybike like this.
  11. Drago

    Drago Guru

    Location:
    Central Trumpland
    The Bumfeng radios are stunning value in the UK. Not without theirnflaws, but umbelievably good for twenty sovs. For a fiver its such good value its probably fattening.

    You will need the programming lead. Effectively impossible to program manually. Download CHIRP and google Miklor. Any problems pm me when you've got it.
     
    Maggot likes this.
  12. postman

    postman Legendary Member

    Location:
    Meanwood ,Leeds
    My time at Royal Mail had me running one or two Delivery offices,as the relief manager.As the PHG Postman Higher Grade i also dealt with customs and Royal Mail charges,which then were humongous i thought anyway.Do these items bought from China,do they incur any excess charges.
     
  13. Bobby Mhor

    Bobby Mhor Wasn't born to follow

    Location:
    Home
    I've one occasionally in my bar bag..
    It's a good excuse to catch your breath after a hill climb:okay:
    I carry my 4m Wouxun more..

    just to need someone to talk to,
    VHF is dead in this area, handy to catch the odd SOTA station.
     
  14. Drago

    Drago Guru

    Location:
    Central Trumpland
    Im thinking of getting a TyT MD380 and having a fiddle with digital.
     
  15. screenman

    screenman Legendary Member

    I am sure somebody on this topic has told me I should buy from the UK and support the UK.
     
    Drago and Pat "5mph" like this.
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