3 Reasons You Should Turn To Foreign Online Retailers

REASON 01

Local stores are charging too much and selling only limited items

Flagship stores are attractive only when there are limited and exclusive offers, like seasonal sales with great discounts and extra gifts. For the expensive rental, promotional, and operational expenses incurred, you don't expect them to sell at affordable prices. 

Physical retail stores are selling at lower prices. Still, they are selling several brands together, which means they don't get to house the whole collection of products, provided that every brand competes for item shelves. Physical stores usually house only best-sellers, popular and new products (and brands). Chances are that your favorite products are not showcased just because they don't fall under these three categories. The disappointment is a real pain. The saddest case is that if you don't live near the stores, your busy schedule does not approve of your visiting the nearest store. You should turn to online retailers!

There are many pure online retailers. Because they need not pay for the physical establishment, the prices of products are usually lower than those from physical stores. Having one in your region is like a blessing, cause the delivery should be real quick. Who doesn't feel excited to have an immediate sight and touch on your order? Sometimes you should also consider foreign online retailers, especially when you live in a country that charges high sales tax and import duty.

REASON 02

Local stores are charging too much and selling only limited items

Product prices vary among countries. One of the factors is the countries’ Value-added tax (VAT) and import duty policies. While it seems to only concern local businesses and people, it also decides if shops can offer competitive prices. Higher VAT and higher import duty contribute to higher costs incurred, which can also mean higher product prices. For goods with the same quality, you would have to pay more to shops located in countries that charge higher taxes and tariffs. So it is not surprising that you often find better prices offered by certain foreign retailers.

The only drawback is that the delivery of your order would take a few more days. Local delivery might take only a few days, while worldwide delivery takes approximately a week under normal conditions. So it’s just your preference, get your order earlier or save more money.

REASON 03

Foreign retailers near the origin of products can offer you greater collections of products that follow the updated trends.

Retailers are best located near the origin of the products they are selling because the culture of the source has the most influence on the neighbors. For example, Hong Kong and Taiwan are near South Korea. The music industry there is invaded by Korean Pop (K-Pop) styled music that is rarely found in Western countries. The local skincare retail stores sell mainly Korean and Japanese cosmetic and skincare products. The prevailing beauty styles in Hong Kong and Taiwan are very much inspired by Korean beauty. So you can expect people’s exceptional attention to the Korean skincare trend there. Therefore wholesalers and retailers are more likely to house an updated and wide variety of Korean skincare for the local market, and the foreign market.

Physical retail stores are selling at lower prices. Still, they are selling several brands together, which means they don't get to house the whole collection of products, provided that every brand competes for item shelves. Physical stores usually house only best-sellers, popular and new products (and brands). Chances are that your favorite products are not showcased just because they don't fall under these three categories. The disappointment is a real pain. The saddest case is that if you don't live near the stores, your busy schedule does not approve of your visiting the nearest store. You should turn to online retailers!

Moreover, a similar time zone enables smoother and speedier communication and cooperation between suppliers and retailers to serve your needs best. The shorter supply chains that offer greater predictability of delivery times and lower costs would surely promise you a prompt delivery and better prices.