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Cititrans won the SOUQ investment agency right in china!

Date: 2018-09-05
BrowsingS: 179
Source:
Author:
Release date: 2018-09-05
BrowsingS: 179

If one day

i'm old

please leave me alone in dubai to pick up trash


 

亦邦喜获Souq中国招商代理权!前10名入驻卖家免费送卖家成长精品课程

 

These are legends 

by the way

In Dubai, begging is not allowed and will be fined.Can't pick up trash?What can we do?what about cross-border e-commerce? 


Why e-commerce in the Middle East is able to pan for gold

 

1.providing less than the demand

The climate in the Middle East is very hot. women are inconvenient to show up outside. If they can shop at home, of course, they can't wait for it. In addition, 50% of the Middle East and North Africa are young people that under the age of 24, and they prefer to experience new things.

 

亦邦喜获Souq中国招商代理权!前10名入驻卖家免费送卖家成长精品课程

 

There is a huge demand. But e-commerce in the Middle East currently accounts for only 0.71% of the total GDP in the Middle East and North and North Africa, while in the developed countries such as the United States, it is as high as 5%. Obviously, the supply is insufficient and the growth potential of  Middle East e-commerce is very high.

 

 2. The Internet is developing rapidly.

 

Countries such as Kuwait, Saudi Arabia and the United Arab Emirates are with the highest mobile penetration rates in the world. Among them, the UAE's smartphone penetration rate is as high as 70%-80%, and the popularity of smartphones has greatly promoted the penetration of the Internet in the Middle East.

 

亦邦喜获Souq中国招商代理权!前10名入驻卖家免费送卖家成长精品课程

 


3, rich profits

The following is the price comparison of goods with the same time and the same kind in Tmall and SOUQ(the largest e-commerce platform in the Middle East). The same product, the price on SOUQ is about twice the price of Tmall, the higher the unit price, the more profitable.

 

亦邦喜获Souq中国招商代理权!前10名入驻卖家免费送卖家成长精品课程

 

 

 

 

Why choose SOUQ?

In the Middle East, payment and logistics are difficult. After more than ten years of development, SOUQ has a very complete logistics and payment system, which enhance SOUQ becoming the longest and most powerful e-commerce platform in the Middle East.

 

亦邦喜获Souq中国招商代理权!前10名入驻卖家免费送卖家成长精品课程

 

In logistics, SOUQ owns a self-built logistics company-Q Express. Almost all the items on SOUQ are deliveried by Q Express for the last mile,whether direct and settled businesses.On the payment, SOUQ has PayFort, which is the most well-known payment gateway in the Middle East. PayFort's parent company was CashU- SOUQ's brother. In 2015, CashU was acquired by Genero Capital and reserved PayFort as part of SOUQ. At the beginning of 2017, PayFort was acquired by Amazon.

 

How to settle in SOUQ?

Cititrans is a strategic partner of SOUQ in China, providing SOUQ's exclusive entry channel for Chinese sellers.

 

亦邦喜获Souq中国招商代理权!前10名入驻卖家免费送卖家成长精品课程

 

Cititrans is the FBS (Fulfillment by SOUQ) logistics carrier recommended by  SOUQ . Sellers can open accounts through our UAE business license and bank card. To collect the account opening fee, you can provide information such as contact person, telephone, mail, domestic business license, e-commerce platform that has been settled, and self-operated independent station link.

 

Charging Mode

It is free for opening a store on SOUQ. But the products that solded out  require should pay service fee,commission, VAT. Order service fee: AED 7.5 per order, the order amount is lower than AED50, the fee is exempt. Commission: According to the sales price of each commodity, the commission rate is between 5% and 20%, depending on the product category.

 

The prices on SOUQ are all tax-inclusive, and SOUQ will generate a VAT of 5% on the commission charged. The seller registered in the name of the account opening agent shall pay the tax uniformly with the tax number of the account opening agent. Because the goods may also be sent from the UAE to other countries, the tax situation of each country may be different. the seller should also understand the tax regulations of many countries in the Middle East If necessary.

 

Selection

At present, it is mainly through the combination of its own advantageous supply chain and the way to study the actual needs of the local, relatively sensitive selection.

The number of SOUQ products is about 1 million. there is no limit when the platform products are not very rich.If the domestic brand products are to be sold locally, it is also recommended to register the trademark in the UAE. If you want to sell internationally renowned brands, you must get the authorization of the brand and submit it to the SOUQ platform.

 

 logistics

SOUQ's current logistics are mainly FBS mode and self-delivery mode.

FBS, Fulfiled by SOUQ, is the official warehousing distribution system. The seller's products are stored in the official warehouse of SOUQ. After the order is generated, it is delivered to the buyer by SOUQ. The delivery time is 3 working days. Returns are also processed by SOUQ.

Since the delivery, the product is stored by the merchant. After the order is generated, the logistics company of SOUQ will pick up the goods and deliver the goods. The time limit is 3 days.

 

The benefits of FBS include:

1)The FBS logo is displayed on the product window, and the traffic is better than the self-delivery under the same conditions.

2).  if you spend more than 100 dirhams, you can enjoy free shipping service, which is also very attractive to buyers;

3).SOUQ's UAE warehouse can cover UAE, Oman, Bahrain, Kuwait, Saudi Arabia and other countries.

4))It can help Save investment on overseas warehouses ,then focus on product and flow operations.

 

In addition to the use of the SOUQ FBS warehouse, there are currently a number of overseas warehouse service providers providing overseas warehouse services. FBS can better balance the volume of stock, head speed and flow display.

 

As a cross-border integrated logistics service provider in the Middle East,Cititrans has 20,000 ㎡ overseas warehouses in Saudi Arabia in the Middle East, but also provides full-service independent logistics services such as head-to-head, customs clearance and floor-to-floor distribution. Especially in terms of heads, Cititrans has FBS designated service providers warehouses  which can collect goods in Guangzhou, Shenzhen, Xiamen, Yiwu and other more than 10 cities.The goods can be sent to their collection warehouse, and then sent to the Middle East  if  necessary.

 

Whether you want to go to the big sellers in the Middle East or prepare to go to the Middle East Nuggets, you are welcome to enter SOUQ through Cititrans. In addition to providing full-scale independent logistics services, we also provide SOUQ platform entry, Middle East VAT registration and declaration, E-commerce value-added services such as Middle East company registration and COD currency settlement. The top 10 settled sellers can get our souq operations-seller growth boutique course to remove all obstacles on the Nuggets!


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